NOT LISTED FOR SALE

422 Walnut St Unit 1-4 Spooner, WI 54801

Estimated Value: $235,000 - $235,070

-- Bed
-- Bath
3,200 Sq Ft
$73/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $146,000 $46 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,485/month

53 Days on Market

Highlights

  • Deck
  • Concrete Porch or Patio
  • Radiant Heating System

About This Home

As of February 2020

Investment Opportunity - Updated 4 plex in downtown Spooner. The 4 plex offers four one bedroom units as well as a detached garage for each unit. Great rental history. Many updates including newer siding, roof, furnace in 2012. The 4 plex is heated by one furnace so this makes heating with natural gas very affordable. Great cash flow with low maintenance and low utility, tax, and insurance costs.

Last Agent to Sell the Property

Aaron Arf

Coldwell Banker Realty~Spooner License #85268-94 Listed on: 11/22/2019

Coldwell Banker Realty~Spooner

Last Buyer's Agent

Aaron Arf

Coldwell Banker Realty~Spooner License #85268-94 Listed on: 11/22/2019

Coldwell Banker Realty~Spooner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,223

Year Built

  • Built in 1970

Lot Details

  • 7,492

Parking

  • Shared Driveway

Home Design

  • Quadruplex
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Outdoor Features

  • Deck
  • Concrete Porch or Patio

Utilities

  • No Cooling
  • Radiant Heating System
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Sellers Personal,Tenants Personal
  • Assessor Parcel Number 30935

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,223

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: From Spooner take Hwy 63 North and turn left (west) on Walnut Street. Take approx 2 blocks to property on right.
  • Lot Size: 150 x 50 x
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Year Built: 1970
  • Co List Office Phone: 715-635-4600
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3200.0
  • Reso Fireplace Features: None
  • Living Area: 3200.0
  • Property Sub Type Additional: Quadruplex
  • General Property Information Below Grade Unfinished Area: 1600.0
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Foundation Details: Block
  • Waterfront: No
  • Exclusions: Sellers Personal,Tenants Personal
  • Construction Type: Vinyl Siding
  • Other Structures: None
  • Patio And Porch Features: Concrete, Deck, Patio

Garage/Parking

  • Parking Features: Driveway, Gravel, Shared Driveway

Utilities

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

Schools

  • Junior High Dist: Spooner

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 30935
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2222.72

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Jan 29, 2020
Sold by
Jnr Investments Llc A Wisconsin Limited
Bought by
Mcscholson Group Llc
Seller's Agent
Aaron Arf
Coldwell Banker Realty~Spooner
Buyer's Agent
Aaron Arf
Coldwell Banker Realty~Spooner
List Price
$154,900
Sold Price
$146,000
Premium/Discount to List
-$8,900
-5.75%
Current Estimated Value
$235,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,035
Avg. Annual Appreciation
8.97%

Purchase Details

Listed on
Feb 9, 2018
Closed on
Apr 24, 2018
Sold by
Multimedia Innovation Llc
Bought by
Jnr Investments Llc
Seller's Agent
Aaron Arf
Coldwell Banker Realty~Spooner
Buyer's Agent
Victor Sacco
Edina Realty, Inc. - Spooner
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%

Purchase Details

Closed on
Dec 10, 2014
Sold by
Schroeder Nancy K
Bought by
Helland Marcus J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcscholson Group Llc $146,000 --
Jnr Investments Llc $140,000 --
Helland Marcus J $108,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $146,000 -5.7% $46 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
11/22/2019 11/22/19 For Sale $154,900 +10.6% $48 / Sq Ft
04/30/2018 04/30/18 Sold $140,000 -6.7% $44 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $150,000 -- $47 / 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
2023 $2,478 $98,000 $18,800 $79,200
2022 $2,307 $98,000 $18,800 $79,200
2021 $2,301 $98,000 $18,800 $79,200
2020 $2,309 $98,000 $18,800 $79,200
2019 $2,223 $98,000 $18,800 $79,200
2018 $2,161 $98,000 $18,800 $79,200
2017 $2,131 $98,000 $18,800 $79,200
2016 $2,121 $98,000 $18,800 $79,200
2015 $2,027 $98,000 $18,800 $79,200
2014 $1,986 $98,000 $18,800 $79,200
2012 $1,998 $98,000 $18,800 $79,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1537759

Northwestern Wisconsin Multiple Listing Service

APN: 65-281-2-39-12-31-5 15-036-650000