$249,600
SOLD JUL 24, 2025

501 W Main St Spencer, WI 54479

4 Beds
4 Baths
2,640 Sq Ft
0.37 Acres

Recently Sold

$95 Per Sq Ft

6% Below List Price

60 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Bathroom on Main Level
  • Deck
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of July 2025

Perfect for Investors, Owner-Occupants, or Downsizers Seeking Supplemental Income! This well-maintained side-by-side duplex, nestled in a peaceful neighborhood across from Ponderosa Pond, offers exceptional rental potential and versatile living options. Each unit boasts 2 bedrooms, 2 full bathrooms, an attached 1-car garage, and a deck. Occupied by reliable, long-term tenants who handle both lawn and snow care, this property offers hassle-free ownership with minimal landlord maintenance, the opportunity to increase rents to align with market trends, and the LL’s offer the potential to add egress windows, easily transforming each unit into a 3-bedroom layout to boost rental income. Act now to secure this property brimming with untapped potential!

Last Agent to Sell the Property

KENT SCHINDLER

RENEW REALTY LLC Brokerage Phone: 715-507-1000 License #55249-90 Listed on: 04/25/2025

Last Buyer's Agent

CHRISTINE ZUPANC

CENTURY 21 GOLD KEY License #95190-94

CENTURY 21 GOLD KEY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,185

Year Built

  • Built in 1996

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 97.27x165
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • Bathroom on Main Level
  • 2,640 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 18126020649946

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,185

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Lvt Date: 04/25/2025
  • Municipality: Spencer, Village of
  • Style: 1 Story
  • Type: Duplex
  • Year Built: 1996
  • Construction: Vinyl
  • Below Grade Sq Ft: 2120
  • Finished Above Grade Sq Ft: 2640
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplaces: Gas
  • Appliances: Refrigerator, Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Central Vacuum
  • Basement: Yes
  • Interior: Ceiling Fan(s), Vaulted Ceiling, Smoke Detector, Garage Door Opener, Cable Hookup, Window Treatments, Carpet, Laminate, Vinyl Floors
  • Number Fireplaces: 1
  • Basement Type: Full, Poured Concrete, Sump Pump

Exterior Features

  • Roof: Composition, Shingle
  • Patio Deck: Deck

Garage/Parking

  • Garage Capacity: 2
  • Parking: Blacktop/Asphalt, Driveway Entrance
  • Garage: Attached, Individual Garage

Utilities

  • Cooling: Central Air
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Water: Separate Meter
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Hook-up in All
  • Separate Electricity: Y
  • Separate Heat: Y
  • Utilities Sewer: Y
  • Water: Y

Condo/Co-op/Association

  • Amenities: Out Building

Schools

  • Marshfield Area Sch Dist: Spencer

Lot Info

  • Acreage: .37
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot, Open floor plan
  • Lot Size: 97.27x165
  • Zoning: Residential, Multi-Family
  • Present Use: Rental
  • Geo Match Code: 3
  • Geo Quality: 0.9
  • Geo Zoom Level: 18

Rental Info

  • Annual Rent: 17820

Tax Info

  • Tax Amount: 4185
  • Assessor Parcel Number: 18126020649946
  • Tax Year: 2024

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2025
Closed on
Jul 3, 2025
Sold by
Star Thru Llc
Bought by
Bushman Properties Of Wisconsin Llc
Seller's Agent
KENT SCHINDLER
RENEW REALTY LLC
Buyer's Agent
CHRISTINE ZUPANC
CENTURY 21 GOLD KEY
List Price
$265,000
Sold Price
$249,600
Premium/Discount to List
-$15,400
-5.81%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$200,000
Outstanding Balance
$199,831
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$50,980

Purchase Details

Closed on
Aug 1, 2012
Sold by
Noel & Company
Bought by
Star Thru Llc
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $249,600 Gowey Abstract & Title
Warranty Deed $145,700 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Sold $249,600 0.0% $95 / Sq Ft
06/16/2025 06/16/25 Price Changed $249,600 -5.8% $95 / Sq Ft
04/25/2025 04/25/25 For Sale $265,000 -- $100 / 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 $2,245 $232,800 $16,100 $216,700
2023 $4,185 $232,800 $16,100 $216,700
2022 $4,232 $232,800 $16,100 $216,700
2021 $4,065 $232,800 $16,100 $216,700
2020 $3,997 $153,400 $16,100 $137,300
2019 $3,826 $153,400 $16,100 $137,300
2018 $3,665 $153,400 $16,100 $137,300
2017 $3,723 $153,400 $16,100 $137,300
2016 $3,664 $153,400 $16,100 $137,300
2015 $3,476 $153,400 $16,100 $137,300
2014 $3,397 $153,400 $16,100 $137,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22501594

Central Wisconsin Multiple Listing Service

APN: 181-2602-064-9946