NOT LISTED FOR SALE

503 4th Ave Unit 3 Eau Claire, WI 54703

Randall Park Neighborhood

Estimated Value: $275,000 - $476,000

1 Bed
3 Baths
2,251 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $310,000 $138 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,523/month

6 Days on Market

Highlights

  • Porch
  • Open Patio
  • 4-minute walk to Randall Park
  • Memorial High School Rated A
  • Forced Air Heating System

About This Home

As of May 2021

Newer refrigerator in one lower unit and upper unit. Newer furnace. Newer laundry. Hardwood floors in lower units. Carpet and vinyl replaced in the upper approximately 4 years ago. Lower bath remodeled. Huge windows for lots of light. Plenty of storage area in the basement. Updated paint in all units. Excellent rental history. Building in a choice location 3 blocks off of Water and across the street from Randall Park. 2 blocks from public transportation.

Last Agent to Sell the Property

Brian Dunham

CB Brenizer/Eau Claire License #56837-90 Listed on: 03/31/2021

Last Buyer's Agent

Brian Dunham

CB Brenizer/Eau Claire License #56837-90 Listed on: 03/31/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,118

Year Built

  • Built in 1876

Lot Details

  • 6,447

Home Design

  • Triplex
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,251 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Exclusions: Tenants Personal
  • Assessor Parcel Number 05-0181

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1,996
  • Trash Expense $640
  • Water Sewer Expense $827

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,118

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Directions: Water St to N on 4th Ave
  • Lot Size: 74 x 87 x
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Year Built: 1876
  • Co List Office Phone: 715-835-4344
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2251.0
  • Living Area: 2251.0
  • Property Sub Type Additional: Triplex
  • General Property Information Below Grade Unfinished Area: 1112.0
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Basement YN: Yes

Exterior Features

  • Foundation Details: Block
  • Waterfront: No
  • Exclusions: Tenants Personal
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Open, Porch

Utilities

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

Fee Information

  • Trash Expense: 640.0
  • Annual Water Sewer Expense: 827.0

Schools

  • Junior High Dist: Eau Claire

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 05-0181
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4118.0

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 1996.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 4, 2021
Sold by
Rahn Scott
Bought by
Sparkes William E and Sparkes Jodi A
Seller's Agent
Brian Dunham
CB Brenizer/Eau Claire
Buyer's Agent
Brian Dunham
CB Brenizer/Eau Claire
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Current Estimated Value
$387,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,779
Avg. Annual Appreciation
4.86%
Original Mortgage
$218,655
Outstanding Balance
$198,156
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$189,623

Purchase Details

Closed on
Dec 18, 2012
Sold by
Double G Investments Llc
Bought by
Rahn Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,125
Interest Rate
3.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2010
Sold by
Mogensn John S
Bought by
Double G Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,516,000
Interest Rate
4.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 18, 2010
Sold by
Warden Michael Eugene and Warden Sue Ann
Bought by
Double G Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,516,000
Interest Rate
4.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 27, 2010
Sold by
Hagen Stuart A and Hagen Marilyn A
Bought by
Mogensen John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,516,000
Interest Rate
4.97%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sparkes William E $310,000 None Available
Rahn Scott $157,500 None Available
Double G Investments Llc $900,000 None Available
Double G Investments Llc $900,000 None Available
Mogensen John S $1,175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sparkes William E $218,655
Previous Owner Rahn Scott $118,125
Previous Owner Double G Investments Llc $1,516,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $310,000 -1.6% $138 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $315,000 -- $140 / 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 $6,104 $307,800 $19,400 $288,400
2023 $5,586 $307,800 $19,400 $288,400
2022 $5,429 $307,800 $19,400 $288,400
2021 $5,349 $307,800 $19,400 $288,400
2020 $4,099 $207,500 $19,400 $188,100
2019 $4,118 $207,500 $19,400 $188,100
2018 $4,314 $207,500 $19,400 $188,100
2017 $3,541 $157,500 $18,400 $139,100
2016 $3,564 $157,500 $18,400 $139,100
2014 -- $157,500 $18,400 $139,100
2013 -- $157,500 $18,400 $139,100
Source: Public Records

Agents Affiliated with this Home

  • Brian Dunham

    Seller's Agent in 2021

    Brian Dunham

    CB Brenizer/Eau Claire

    (715) 396-1395

    7 in this area

    99 Total Sales

    Brian Dunham
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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1551387

Northwestern Wisconsin Multiple Listing Service

APN: 05-0181

Wisconsin Eau Claire County Eau Claire 54703 Randall Park

503 4th Ave Unit 3, Eau Claire, WI

Not Listed for Sale

MultiFamily

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