$100,000
SOLD MAY 23, 2025

489 2nd St S Park Falls, WI 54552

4 Beds
2 Baths
1,620 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

37 Days on Market

Highlights

  • Shops
  • Forced Air Heating System
  • 1 Car Garage

About This Home

As of May 2025

One-party listing. Here's an investment property with full occupancy & great rental history! This upper-lower duplex offers two 2 bedroom, 1 bath units, partial basement for storage, and 1-car det garage and is conveniently located just blocks from downtown for shopping, parks, library, and more. The main level unit has been well-kept and provides an appealing layout with eat-in kitchen, spacious rooms, and 3-season porch. The upper unit has been completely remodeled and provides a nice layout w/spacious eat-in kitchen, living room w/picture window, and upper deck area for relaxing or grilling. New windows throughout the building. Leases are currently in place, but this is a great opportunity for a future permanent or vacation residence with supportive income and comfortable living in either half of the duplex. Abundant recreation surrounds you here in the Northwoods, a great place to call home or vacation destination for a relaxing escape.

Last Agent to Sell the Property

CALA FERANEC

NORTHWOODS REALTY License #58726 - 90 Listed on: 04/09/2025

Last Buyer's Agent

CALA FERANEC

NORTHWOODS REALTY License #58726 - 90 Listed on: 04/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $992

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 1.5-Story Property
  • Range
  • Washer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Laundry in Basement

Schools

  • Chequamegon Elementary School
  • Chequamegon Middle School
  • Chequamegon High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 271-102103000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$992

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Ownership: Fee Simple
  • Directions: Heading north on Hwy 13, Turn left on 2nd st S, Property is on the Left
  • Above Grade Finished Sq Ft: 1620.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Stone
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, One Car Garage, Driveway

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping

Schools

  • Elementary School: PR Chequamegon
  • High School: PR Chequamegon
  • Middle Or Junior School: PR Chequamegon (Park Falls / Glidden)

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 271-102103000

Tax Info

  • Tax Annual Amount: 992.0
  • Tax Year: 2023

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2025 05/23/25 Sold $100,000 0.0% $62 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $100,000 -- $62 / Sq Ft
Source: Greater Northwoods MLS

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 $990 $33,400 $4,600 $28,800
2023 $1,043 $33,400 $4,600 $28,800
2022 $937 $33,400 $4,600 $28,800
2021 $885 $33,400 $4,600 $28,800
2020 $870 $33,400 $4,600 $28,800
2019 $881 $33,400 $4,600 $28,800
2018 $845 $33,400 $4,600 $28,800
2017 $944 $40,100 $5,500 $34,600
2016 $949 $40,100 $5,500 $34,600
2015 $991 $40,100 $5,500 $34,600
2013 $974 $40,100 $5,500 $34,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 212283

Greater Northwoods MLS

APN: 271-102103000