NOT LISTED FOR SALE

507 Maple St Rhinelander, WI 54501

Estimated Value: $95,000 - $182,000

5 Beds
2 Baths
1,809 Sq Ft
$72/Sq Ft Est. Value

Last Sold October 06, 2014

Last sale price $34,000 $19 Per Sq Ft

Est. 285% increase in value since last sale

Current estimated payment $762/month

622 Days on Market

Highlights

  • Recreation Facilities
  • Shops
  • Wood Siding
  • Patio
  • Forced Air Heating System

About This Home

As of October 2014

Here is your chance to purchase an affordable investment property that is a diamond in the rough. The home is currently used as a duplex with a very good rental history. The lower unit has "3" bedrooms (which is hard to find and easy to rent) 1 bath and the upper has 2 bedrooms 1 bath with a total combined monthly income of $1075. The home has a partial basement with laundry hook ups, and a back yard patio area which leads back to West Side Park. The lower level was recently updated with new flooring along with other updates. The inside of the duplex has been well maintained on both levels. It is a short drive to downtown the hospital and retail shopping areas. A great investment opportunity this property is listed well below the appraised value. This property can be bulk purchased along with 10 other properties the seller has listed in the Rhinelander & Tomahawk Area. Call for additional information on other properties for sale by this seller.

Last Agent to Sell the Property

Jeremy McCone

SHOREWEST - RHINELANDER License #66846 - 94 Listed on: 01/16/2013

SHOREWEST - RHINELANDER

Last Buyer's Agent

Jeremy McCone

SHOREWEST - RHINELANDER License #66846 - 94 Listed on: 01/16/2013

SHOREWEST - RHINELANDER

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.29

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,809 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Phone Available

Additional Features

  • Patio
  • 0.29 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number RH 1926

Community Details

Amenities

  • Shops

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Ownership: Corporation
  • Directions: CITY - 507 MAPLE STREET
  • Above Grade Finished Sq Ft: 2529.0
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed

Exterior Features

  • Waterfront: No
  • Construction Type: Frame, Shingle Siding, Wood Siding
  • Exterior Features: Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Recreation Area, Shopping

Schools

  • High School: ON Rhinelander
  • Middle Or Junior School: ON J. Williams

Lot Info

  • Lot Size Sq Ft: 12632.0
  • Parcel #: RH 1926

Tax Info

  • Tax Annual Amount: 1138.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2013
Closed on
Oct 6, 2014
Bought by
Waube Gloriann
Seller's Agent
Jeremy McCone
SHOREWEST - RHINELANDER
Buyer's Agent
Jeremy McCone
SHOREWEST - RHINELANDER
List Price
$49,000
Sold Price
$34,000
Premium/Discount to List
-$15,000
-30.61%
Current Estimated Value
$130,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,982
Avg. Annual Appreciation
12.97%
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
Waube Gloriann -- Northrn Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2014 10/06/14 Sold $34,000 -30.6% $19 / Sq Ft
10/06/2014 10/06/14 Pending -- -- --
01/21/2013 01/21/13 For Sale $49,000 -- $27 / Sq Ft
Source: Greater Northwoods MLS

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 $830 $33,900 $9,100 $24,800
2023 $800 $33,900 $9,100 $24,800
2022 $622 $33,900 $9,100 $24,800
2021 $792 $33,900 $9,100 $24,800
2020 $641 $33,900 $9,100 $24,800
2019 $667 $33,900 $9,100 $24,800
2018 $657 $33,900 $9,100 $24,800
2017 $662 $33,900 $9,100 $24,800
2016 $696 $33,900 $9,100 $24,800
2015 $1,084 $52,400 $9,100 $43,300
2014 $1,084 $52,400 $9,100 $43,300
2011 -- $74,400 $9,100 $65,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 131232

Greater Northwoods MLS

APN: 27601-1926-0000