NOT LISTED FOR SALE

518 5th Ave E Ashland, WI 54806

Estimated Value: $153,000 - $176,000

5 Beds
2 Baths
3,760 Sq Ft
$44/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $150,000 $40 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,057/month

37 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding
  • 2 Car Detached Garage

About This Home

As of October 2022

This is an exceptional upstairs-downstairs duplex. Property is in great shape with a recently replaced roof, split utilities, and great floorpans for each of the two units. Located in a residential section of town, the property has a good sized lot, with a two car garage and a wraparound porch. The basement is dry, and the tenants have access to use the washing machines there. Stable rental history, with good tenants, this is an excellent property. Well maintained, with beautiful trees, in very good condition, this is a great investment property. Would be perfect to live in one half and let the other half pay the mortgage, or keep and run as an income producing property.

Last Agent to Sell the Property

Kevin Porter

Porter Realty LLC Listed on: 08/31/2022

Last Buyer's Agent

Taylor Maund

Edina Realty, Inc. - Duluth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,911

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50' x 140'

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Poured Concrete
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 201-02009-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,911

Year Built

Built in 1950

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Go East on 6th St, Turn left on 5th Ave E, Sign on Property.
  • L O1 Office Phone1 Number: 715-256-7077
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2760
  • Below Grade Finished Sq Ft: 1000
  • Garage Type: Detached
  • Heat: Forced Air
  • Parking Number Garage Spaces: 2
  • TotalBedrooms: 5
  • MediaType: Duplex
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 3760

Exterior Features

  • Exterior: Wood

Utilities

  • Power Company: Xcel Energy
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ashland (WI) #170

Lot Info

  • Estimated Lot Dimensions: 50' x 140'
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: WI
  • Parcel Number: 201-02009-0000

Rental Info

  • Tenant Expense: Electric

Tax Info

  • Tax Amount: 1910.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 14, 2022
Sold by
Hudson Darren D and Hudson Andrea M.
Bought by
Lopez Christian R
Seller's Agent
Kevin Porter
Porter Realty LLC
Buyer's Agent
Taylor Maund
Edina Realty, Inc. - Duluth
List Price
$139,900
Sold Price
$150,000
Premium/Discount to List
$10,100
7.22%
Current Estimated Value
$165,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,493
Avg. Annual Appreciation
2.93%

Purchase Details

Closed on
Jun 27, 2016
Sold by
Hudson Harlan
Bought by
Hudson Darren D and Hudson Andrea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,375
Interest Rate
3.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Christian R $150,000 Choice Title Llc
Hudson Darren D $42,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hudson Darren D $40,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $150,000 +7.2% $40 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $139,900 -- $37 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $2,454 $83,300 $9,500 $73,800
2024 $2,282 $83,300 $9,500 $73,800
2023 $2,055 $83,300 $9,500 $73,800
2022 $2,000 $83,300 $9,500 $73,800
2021 $1,911 $83,300 $9,500 $73,800
2020 $1,863 $73,800 $7,300 $66,500
2019 $1,835 $73,800 $7,300 $66,500
2018 $1,758 $73,800 $7,300 $66,500
2017 $1,766 $73,800 $7,300 $66,500
2016 $1,828 $73,800 $7,300 $66,500
2015 $1,813 $73,800 $7,300 $66,500
2014 $1,637 $73,800 $7,300 $66,500
2013 $1,747 $73,800 $7,300 $66,500
Source: Public Records

Agents Affiliated with this Home

  • Kevin Porter

    Seller's Agent in 2022

    Kevin Porter

    Porter Realty LLC

    (715) 292-1106

    115 in this area

    210 Total Sales

    Kevin Porter
    Section Image

  • T

    Buyer's Agent in 2022

    Taylor Maund

    Edina Realty, Inc. - Duluth

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6105262

APN: 201-02009-0000

Wisconsin Ashland County Ashland 54806

518 5th Ave E, Ashland, WI

Not Listed for Sale

MultiFamily

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