NOT LISTED FOR SALE

500 S Cherry Ave Marshfield, WI 54449

Estimated Value: $147,142

5 Beds
4 Baths
2,560 Sq Ft
$57/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $119,900 $47 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,022/month

12 Days on Market

Highlights

  • Covered Deck
  • Porch
  • Carpet
  • Marshfield High School Rated A
  • Hot Water Heating System

About This Home

As of August 2021

INVESTMENT OPPORTUNITY WITH GREAT RENTAL INCOME! This 4 plex is priced to sell quickly with long-term tenants! 3 - 1 BR 1 BA units and 1 - 2 BR 1 BA unit. Rents are $440/$450/$450/$435. Tenants pay electric. Windows on second level has recently been replaced. Metal roof. Close to downtown. Property being sold as is. Call today for your personal showing!

Last Agent to Sell the Property

Ashley Fredrick

NEXTHOME HUB CITY License #76489-94 Listed on: 06/16/2021

NEXTHOME HUB CITY

Last Buyer's Agent

Stephanie Spaeth

NEXTHOME HUB CITY License #67282-94

NEXTHOME HUB CITY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,558

Year Built

  • Built in 1890

Lot Details

  • 9,932 Sq Ft Lot
  • Lot Dimensions are 88x13

Parking

  • Driveway

Home Design

  • Quadruplex
  • Metal Roof

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Range

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Outdoor Features

  • Covered Deck
  • Porch

Utilities

  • Hot Water Heating System
  • Separate Meters
  • Master Meter
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3301195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,558

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Municipality: Marshfield, City of
  • Style: 2 Story
  • Type: Fourplex
  • Year Built: 1890
  • Construction: Wood
  • Geo Subdivision: WI
  • Finished Above Grade Sq Ft: 2560
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Yes
  • Interior: Carpet, Vinyl Floors
  • Basement Type: Full, Stone

Exterior Features

  • Roof: Metal
  • Patio Deck: Deck, Porch

Garage/Parking

  • Parking: Driveway Entrance

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Hot Water
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Water: Meter (s)
  • Electricity: Separate Meter
  • Gas: Master Meter
  • Sewer Included: Y
  • Utilities Heat Included: Y
  • Separate Electricity: Y
  • Water Included: Y

Condo/Co-op/Association

  • Amenities: Smoke Detectors, Deck-Covered

Schools

  • Marshfield Area Sch Dist: Marshfield

Lot Info

  • Acreage: .228
  • Lot Size: 88x13
  • Zoning: Multi-Family
  • Geo Address Line: 500 S Cherry Ave
  • Geo Primary City: Marshfield
  • Geo Quality: 0.95

Rental Info

  • Annual Rent: 21,300

Tax Info

  • Tax Amount: 2558
  • Assessor Parcel Number: 3301195
  • Tax Year: 2020

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Aug 25, 2021
Sold by
J & J Adventures Llp
Bought by
Jones Nathan L
Seller's Agent
Ashley Fredrick
NEXTHOME HUB CITY
Buyer's Agent
Stephanie Spaeth
NEXTHOME HUB CITY
List Price
$124,900
Sold Price
$119,900
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$147,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,242
Avg. Annual Appreciation
4.76%
Original Mortgage
$117,727
Outstanding Balance
$107,123
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$40,019

Purchase Details

Closed on
Oct 23, 2006
Sold by
Christenson Kathleen M and Schreiner Patrick J
Bought by
J & J Adventures Llp

Purchase Details

Closed on
Sep 15, 2006
Sold by
Schreiner James A and Schreiner Jeanette M
Bought by
Christenson Kathleen M and Schreiner Patrick J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jones Nathan L $119,900 None Available
J & J Adventures Llp -- None Available
J & J Adventures Llp $106,500 --
Christenson Kathleen M -- None Available
Schreiner James A -- None Available
Christenson Kathleen M $106,500 --
Schreiner James A $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Nathan L $117,727
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2021 08/25/21 Sold $119,900 0.0% $47 / Sq Ft
06/21/2021 06/21/21 Price Changed $119,900 -4.0% $47 / Sq Ft
06/16/2021 06/16/21 For Sale $124,900 -- $49 / Sq Ft
Source: Central 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 $3,033 $163,300 $29,800 $133,500
2023 $2,677 $163,300 $29,800 $133,500
2022 $2,728 $102,500 $19,900 $82,600
2021 $2,549 $102,500 $19,900 $82,600
2020 $2,500 $102,500 $19,900 $82,600
2019 $2,409 $102,500 $19,900 $82,600
2018 $2,324 $102,500 $19,900 $82,600
2017 $2,307 $102,500 $19,900 $82,600
2016 $2,369 $105,800 $19,900 $85,900
2015 $2,356 $105,800 $19,900 $85,900
Source: Public Records

Agents Affiliated with this Home

  • Ashley Fredrick

    Seller's Agent in 2021

    Ashley Fredrick

    NEXTHOME HUB CITY

    (715) 305-2285

    366 Total Sales

    Ashley Fredrick
    Section Image
  • Stephanie Spaeth

    Buyer's Agent in 2021

    Stephanie Spaeth

    NEXTHOME HUB CITY

    (715) 305-0444

    265 Total Sales

    Stephanie Spaeth
    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22103173

Central Wisconsin Multiple Listing Service

APN: 3301195

Wisconsin Wood County Marshfield 54449

500 S Cherry Ave, Marshfield, WI

Not Listed for Sale

MultiFamily

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