NOT LISTED FOR SALE

504 River Ave E Unit 5 Ladysmith, WI 54848

Estimated Value: $351,000 - $426,000

-- Bed
-- Bath
6,990 Sq Ft
0.73 Acres

Last Sold August 13, 2020

Last sale price $225,000 $32 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,490/month

383 Days on Market

Highlights

  • Sauna
  • Waterfront
  • Cooling Available
  • River View
  • Deck
  • Forced Air Heating System

About This Home

As of August 2020

5 unit apartment building in the city of Ladysmith, good cash flow, two garages, was a former owners personal residence and it's on the Flambeau River

Last Agent to Sell the Property

Brian Reynolds

Weisenberger Realty LLC License #56157-90 Listed on: 06/26/2019

Last Buyer's Agent

Candice Cossio

Riverbend Realty Group, LLC License #80803-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,581

Year Built

  • Built in 1940

Lot Details

  • 0.73

Home Design

  • Block Foundation
  • Stone Foundation
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 6,990 Sq Ft Home
  • Sauna
  • River Views
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Deck
  • Waterfront

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 246-02479-0000

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,581

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: From Hwy 8 at the bottom of the bridge by memorial park in Ladysmith, East on River Ave to sign on the right about 2 blocks
  • Lot Size: 150 x 200 x
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Year Built: 1940
  • Lot Size Acres: 0.73
  • View Type:Pond View: River
  • Water Body Name: Flambeau
  • Co List Office Phone: 715-532-6631
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 6990.0
  • Living Area: 6990.0
  • Reso Window Features: Window Coverings
  • Property Sub Type Additional: Apartment
  • General Property Information Below Grade Unfinished Area: 750.0
  • Special Features: None

Interior Features

  • Has Basement: Partial, Partially Finished
  • Interior Amenities: Ceiling Fan(s)
  • Spa Features: Sauna
  • Appliances: Dishwasher, Electric Water Heater, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood
  • Basement YN: Yes

Exterior Features

  • Foundation Details: Block, Poured, Stone
  • Waterfront: Yes
  • View: Yes
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Asphalt, Concrete, Driveway, Gravel, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, Fuses
  • Heating: Baseboard, Forced Air, Hot Water
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Ladysmith

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 246-02479-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5580.72

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Aug 5, 2020
Sold by
Susan K Fredrick Revocable Trust
Bought by
Fairhaven Rentals Llc
Seller's Agent
Brian Reynolds
Weisenberger Realty LLC
Buyer's Agent
Candice Cossio
Riverbend Realty Group, LLC
List Price
$260,000
Sold Price
$225,000
Premium/Discount to List
-$35,000
-13.46%
Current Estimated Value
$375,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,468
Avg. Annual Appreciation
10.48%

Purchase Details

Closed on
Dec 28, 2005
Sold by
Frederick Lynn
Bought by
Fredrick Susan K

Purchase Details

Closed on
Dec 12, 2005
Sold by
Fredrick Lynn
Bought by
Fredrick Susan
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 Buyer Sale Price Title Company
Fairhaven Rentals Llc $225,000 None Available
Fredrick Susan K $192,800 --
Fredrick Susan $139,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fredrick Susan K $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $225,000 -13.5% $32 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
06/26/2019 06/26/19 For Sale $260,000 -- $37 / 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 $6,005 $207,900 $37,600 $170,300
2023 $5,423 $207,900 $37,600 $170,300
2022 $5,574 $207,900 $37,600 $170,300
2021 $5,774 $207,900 $37,600 $170,300
2020 $5,823 $207,900 $37,600 $170,300
2019 $5,581 $207,900 $37,600 $170,300
2018 $5,247 $207,900 $37,600 $170,300
2017 $5,207 $232,400 $38,900 $193,500
2016 $5,015 $232,400 $38,900 $193,500
2015 $6,485 $251,700 $38,900 $212,800
2014 $5,646 $251,700 $38,900 $212,800
2013 $5,245 $251,700 $38,900 $212,800
Source: Public Records

Agents Affiliated with this Home

  • Brian Reynolds

    Seller's Agent in 2020

    Brian Reynolds

    Weisenberger Realty LLC

    (715) 532-6631

    75 in this area

    151 Total Sales

    Brian Reynolds
    Section Image
  • Candice Cossio

    Buyer's Agent in 2020

    Candice Cossio

    Riverbend Realty Group, LLC

    (715) 206-0132

    16 in this area

    171 Total Sales

    Candice Cossio
    Section Image
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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1532895

Northwestern Wisconsin Multiple Listing Service

APN: 246-02479-0000

Wisconsin Rusk County Ladysmith 54848

504 River Ave E Unit 5, Ladysmith, WI

This home is located at 504 River Ave E Unit 5, Ladysmith, WI 54848 since 26 June 2019 and is currently estimated at $375,468, approximately $53 per square foot. This property was built in 1940. 504 River Ave E Unit 5 is a home located in Rusk County with nearby schools including Ladysmith Elementary School, Ladysmith Middle School, and Ladysmith High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwestern Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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