NOT LISTED FOR SALE

511 N 3rd Ave Wausau, WI 54401

Westies Neighborhood

Estimated Value: $115,000 - $153,000

4 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold May 19, 2023

Last sale price $131,500

Est. 8% increase in value since last sale

Current estimated payment $951/month

13 Days on Market

Highlights

  • 4 Car Detached Garage
  • Porch
  • Forced Air Heating System

About This Home

As of May 2023

Take a look at this fully rented west side duplex! Renting for $850 and $650 per month this income generating property would be a great one to add to your portfolio or a nice property to get started with! Tenants are paying gas and electric while sewer and water are paid by the LL. Lots of off street parking with a detached garage off of 3rd and an additional pull under garage off the alley! Strong rental history and great rents make this a turn key investment! Schedule a showing today.

Last Agent to Sell the Property

Larkin Real Estate Group

FIRST WEBER License #54599-90 Listed on: 04/01/2023

FIRST WEBER

Last Buyer's Agent

Larkin Real Estate Group

FIRST WEBER License #54599-90 Listed on: 04/01/2023

FIRST WEBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,125

Year Built

  • Built in 1921

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x112

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Range
  • Basement

Parking

  • 4 Car Detached Garage
  • Tuck Under Garage
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 291-2907-261-0127

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,125

Year Built

Built in 1921

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Municipality: Wausau, City of
  • Style: 2 Story
  • Type: Duplex
  • Year Built: 1921
  • Construction: Vinyl
  • 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

  • Garage Capacity: 4
  • Parking: Off Street
  • Garage: Built-in under Home, Detached

Utilities

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

Lot Info

  • Acreage: .16
  • Lot Size: 60x112
  • Zoning: Residential
  • Geo Address Line: 511 N 3rd Ave
  • Geo Primary City: Wausau
  • Geo Quality: 0.95

Rental Info

  • Annual Rent: 18300

Tax Info

  • Tax Amount: 2125
  • Assessor Parcel Number: 291-2907-261-0127
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
May 19, 2023
Sold by
Atlas Apartments Llc
Bought by
Wausau Rental Properties Llc
Seller's Agent
Larkin Real Estate Group
FIRST WEBER
Buyer's Agent
Larkin Real Estate Group
FIRST WEBER
List Price
$139,900
Sold Price
$131,500
Premium/Discount to List
-$8,400
-6%
Views
90
Current Estimated Value
$142,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,882
Avg. Annual Appreciation
2.83%

Purchase Details

Closed on
Sep 27, 2019
Sold by
Witter Glen
Bought by
Atlas Apartments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wausau Rental Properties Llc $131,500 --
Atlas Apartments Llc $64,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $131,500 -6.0% --
04/01/2023 04/01/23 For Sale $139,900 -- --
Source: Central Wisconsin Multiple Listing Service

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
2025 $2,281 $123,600 $16,200 $107,400
2024 $2,324 $123,600 $16,200 $107,400
2023 $2,111 $81,200 $15,700 $65,500
2022 $2,125 $81,200 $15,700 $65,500
2021 $1,937 $81,200 $15,700 $65,500
2020 $1,967 $81,200 $15,700 $65,500
2019 $1,496 $58,000 $10,300 $47,700
2018 $1,464 $58,000 $10,300 $47,700
2017 $1,860 $58,000 $10,300 $47,700
2016 $1,815 $58,000 $10,300 $47,700
2015 $1,409 $58,000 $10,300 $47,700
2014 $1,632 $70,000 $15,700 $54,300
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Larkin Real Estate Group

    FIRST WEBER

    (715) 573-8625

    15 in this area

    439 Total Sales

    Larkin Real Estate Group
    Section Image
See All Agents

Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22231012

Central Wisconsin Multiple Listing Service

APN: 291-2907-261-0127

Wisconsin Marathon County Wausau 54401 Westies

511 N 3rd Ave, Wausau, WI

Not Listed for Sale

MultiFamily

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.

Central 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.