NOT LISTED FOR SALE

417 Lake Ave E Unit 1-2 Ladysmith, WI 54848

Estimated Value: $171,000 - $211,000

-- Bed
-- Bath
1,312 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $170,000 $130 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,196/month

79 Days on Market

Highlights

  • River Access
  • Waterfront
  • Forced Air Heating System
  • River View

About This Home

As of June 2024

This is a must see duplex!! Well taken care of and both units are move in ready! One unit features 2 beds, 1 full bath, and a half bath off the first bedroom. The second unit features 1 bed and 1 bath. The 2 bedroom unit has brand new carpeting and both units have been cleaned and painted so you or your tenants can move right in. There is a laundry room that allows access for both units if you choose. This home also features a nice 2 car garage tucked in the back! A little landscaping would allow for easy access to the flambeau flowage below. This waterfront property has 66+ feet of river access. Don't miss out on this great opportunity to add to your investment portfolio or owner occupy one unit and rent out the other all while enjoying being on the river!

Last Agent to Sell the Property

Miranda Tulip

Property Shoppe Realty LLC Brokerage Phone: 715-514-5828 License #84278-94 Listed on: 03/26/2024

Last Buyer's Agent

Miranda Tulip

Property Shoppe Realty LLC Brokerage Phone: 715-514-5828 License #84278-94 Listed on: 03/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,238

Year Built

  • Built in 1950

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 251 x 67 x 264 x 66
  • Waterfront

Home Design

  • Duplex
  • Block Foundation
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,312 Sq Ft Home
  • River Views
  • Partial Basement

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • River Access

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Personal
  • Assessor Parcel Number 246-02259-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,238

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: From Hwy 8 East on Lake Ave to sign on left
  • Lot Size: 251 x 67 x 264 x 66
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 1950
  • Lot Size Acres: 0.42
  • View Type:Pond View: River
  • Water Body Name: Flambeau
  • Attribution Contact: 715-514-5828
  • Co List Office Phone: 715-514-5828
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1312.0
  • Reso Fireplace Features: None
  • Living Area: 1312.0
  • Reso Window Features: Window Coverings
  • Property Sub Type Additional: Duplex
  • General Property Information Below Grade Unfinished Area: 830.0
  • Special Features: None

Interior Features

  • Has Basement: Partial
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Foundation Details: Block, Poured
  • Waterfront: Yes
  • View: Yes
  • Waterfront Features: River Access
  • Exclusions: Tenants Personal
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Asphalt, Driveway, Garage Door Opener

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Ladysmith

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 246-02259-0000
  • Zoning Description: Residential-Duplex

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2238.08

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Jun 14, 2024
Sold by
Next Generation Properties Llc
Bought by
Shanahan Wyatt D
Seller's Agent
Miranda Tulip
Property Shoppe Realty LLC
Buyer's Agent
Miranda Tulip
Property Shoppe Realty LLC
List Price
$174,900
Sold Price
$170,000
Premium/Discount to List
-$4,900
-2.8%
Views
43
Current Estimated Value
$185,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,718
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Jun 2, 2023
Sold by
Moreau Sydney L
Bought by
Next Generation Properties Llc

Purchase Details

Closed on
Aug 11, 2020
Sold by
Cornelissen Michael E and Witt Janet D
Bought by
Moreau Sydney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shanahan Wyatt D $170,000 Westconsin Title Services, Llc
Next Generation Properties Llc $140,000 Rusk County Abstract
Moreau Sydney L $82,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moreau Sydney L $65,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold $170,000 -2.8% $130 / Sq Ft
03/26/2024 03/26/24 For Sale $174,900 -- $133 / Sq Ft
Source: Northwestern Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,485 $87,600 $19,500 $68,100
2023 $2,238 $87,600 $19,500 $68,100
2022 $3,000 $87,600 $19,500 $68,100
2021 $2,384 $87,600 $19,500 $68,100
2020 $2,406 $87,600 $19,500 $68,100
2019 $2,401 $87,600 $19,500 $68,100
2018 $2,254 $87,600 $19,500 $68,100
2017 $2,249 $99,600 $28,100 $71,500
2016 $2,171 $99,600 $28,100 $71,500
2015 $2,566 $99,600 $28,100 $71,500
2014 $2,240 $99,600 $28,100 $71,500
2013 $2,081 $99,600 $28,100 $71,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Miranda Tulip

    Property Shoppe Realty LLC

    (715) 514-5828

    4 in this area

    56 Total Sales

    Miranda Tulip
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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1580605

Northwestern Wisconsin Multiple Listing Service

APN: 246-02259-0000

Wisconsin Rusk County Ladysmith 54848

417 Lake Ave E Unit 1-2, Ladysmith, WI

This home is located at 417 Lake Ave E Unit 1-2, Ladysmith, WI 54848 since 26 March 2024 and is currently estimated at $185,718, approximately $141 per square foot. This property was built in 1950. 417 Lake Ave E Unit 1-2 is a home located in Rusk County with nearby schools including Ladysmith Elementary School, Ladysmith Middle School, and Ladysmith High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwestern Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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