$1,285,000
SOLD AUG 7, 2020

505 N 6th St Unit 601 McClellan Wausau, WI 54403

East Towne Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.32 Acres

Recently Sold

17% Below List Price

Highlights

  • Porch
  • East High School Rated A-
  • Heating Available

About This Home

As of August 2020

Downtown Wausau apartments near City Hall and the 400 Block. Desirable walkable location for apartments and a prime redevelopment parcel on one of Wausau's busiest intersections with traffic counts as high as 16,800. Additional parcels available

Last Agent to Sell the Property

BRADLEY WOLDT

WOLDT COMMERCIAL REALTY LLC License #56821-90 Listed on: 06/21/2019

Last Buyer's Agent

Pamela Larkin

FIRST WEBER License #54599-90

FIRST WEBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,733

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Range
  • Basement

Outdoor Features

  • Porch

Utilities

  • Heating Available
  • Master Meter

Community Details

  • 24 Units

Listing and Financial Details

  • Assessor Parcel Number (29129072530418)0401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,733

Lot Details

0

Listing Details

  • Additional Remarks: 24 unit apartment building has a full basement with good rental history and waiting list of tenants. additional 400 sqft office used for storage could be rented as a commercial office. 16 one bedroom units renting for $550 per month and 8 two bedroom units renting for $600 per month utilities included. Onsite Laundry and scheduled rental increases starting 01/01/2020
  • Age: 51+
  • Class: Multi-Family
  • Lvt Date: 06/22/2019
  • Municipality: Wausau, City of
  • Style: 2 Story
  • Type: Complex
  • Construction: Wood
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Yes

Exterior Features

  • Roof: Shingle
  • Patio Deck: Porch

Garage/Parking

  • Parking: Off Street

Utilities

  • Fuel Type: Natural Gas
  • Sewer Water: Pb Sewer/Pb Water
  • Electricity: Master Meter
  • Gas: Master Meter
  • Sewer Included: Y
  • Electricity Included: Y
  • Utilities Heat Included: Y
  • Utilities Sewer: y
  • Water: y
  • Water Included: Y

Schools

  • School District: Wausau East
  • Wausau Area School Dist: Wausau East

Lot Info

  • Lot Size: .64
  • Geo Address Line: 505 N 6th St
  • Geo Primary City: Wausau
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Tax Amount: 10733
  • Assessor Parcel Number: (29129072530418)0401

Multi Family

  • Number Of Units: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Aug 7, 2020
Sold by
Waldinger Investments Llc
Bought by
Matthew Williams Properties Llc
Seller's Agent
BRADLEY WOLDT
WOLDT COMMERCIAL REALTY LLC
Buyer's Agent
Pamela Larkin
FIRST WEBER
List Price
$1,550,000
Sold Price
$1,285,000
Premium/Discount to List
-$265,000
-17.1%

Purchase Details

Closed on
Sep 19, 2007
Sold by
Heartland Affordable Housing Wausau Llc
Bought by
Waldinger 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
$800,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $1,285,000 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $800,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 For Sale $1,899,000 +47.8% $145 / Sq Ft
08/07/2020 08/07/20 Sold $1,285,000 0.0% --
07/01/2020 07/01/20 Off Market $1,285,000 -- --
01/31/2020 01/31/20 Price Changed $1,450,000 +3.6% --
09/11/2019 09/11/19 Price Changed $1,399,000 -9.7% --
06/21/2019 06/21/19 For Sale $1,550,000 -- --
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 $9,914 $772,800 $165,600 $607,200
2023 $15,624 $612,600 $151,800 $460,800
2022 $12,400 $612,600 $151,800 $460,800
2021 $15,117 $612,600 $151,800 $460,800
2020 $13,058 $522,600 $151,800 $370,800
2019 $6,108 $229,500 $138,000 $91,500
2018 $6,022 $229,500 $138,000 $91,500
2017 $5,811 $229,500 $138,000 $91,500
2016 $5,652 $229,500 $138,000 $91,500
2015 $5,795 $229,500 $138,000 $91,500
2014 $5,466 $227,500 $138,000 $89,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Larkin Real Estate Group

    FIRST WEBER

    (715) 573-8625

    3 in this area

    422 Total Sales

    Larkin Real Estate Group
    Section Image
  • Phillip Larkin

    Seller Co-Listing Agent in 2025

    Phillip Larkin

    FIRST WEBER

    (715) 573-8625

    2 Total Sales

    Phillip Larkin
    Section Image

  • B

    Seller's Agent in 2020

    BRADLEY WOLDT

    WOLDT COMMERCIAL REALTY LLC

    Section Image
  • Pamela Larkin

    Buyer's Agent in 2020

    Pamela Larkin

    FIRST WEBER

    (715) 573-3520

    15 Total Sales

    Pamela Larkin
    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 21810889

Central Wisconsin Multiple Listing Service

APN: 291-2907-253-0401

Wisconsin Marathon County Wausau 54403 East Towne

505 N 6th St Unit 601 McClellan, Wausau, WI

This home is located at 505 N 6th St Unit 601 McClellan, Wausau, WI 54403 and is currently priced at $1,285,000. 505 N 6th St Unit 601 McClellan is a home located in Marathon County with nearby schools including Hawthorn Hills Elementary School, Horace Mann Middle School, and East 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.

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