$1,455,000
SOLD AUG 23, 2018

521 2nd St S Wisconsin Rapids, WI 54494

6 Beds
4 Baths
50,000 Sq Ft
0.62 Acres

Recently Sold

$29 Per Sq Ft

3% Below List Price

68 Days on Market

Highlights

  • Corner Lot
  • Hot Water Heating System
  • 5-minute walk to Veterans' Memorial Park

About This Home

As of August 2018

Well Maintained 28 Unit Apartment building in Wisconsin Rapids and located near and with great views of the Wisconsin River. Underground parking! Mix of 1 and 2 Bedroom apartments. Newer roof! Many other things, call or email for Offering Memorandum.

Last Agent to Sell the Property

Chris Mokler

Keller Williams Fox Cities License #90-53993

Keller Williams Fox Cities

Last Buyer's Agent

Non-Member Account

RANW Non-Member Account

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,591

Year Built

  • 1965

Lot Details

  • 0.62 Acre Lot
  • Corner Lot

Parking

  • 27 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Cedar Shake Siding

Interior Spaces

  • 50,000 Sq Ft Home
  • 2-Story Property

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 28 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,591

Year Built

1965

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Type: Multifamily (3+ Unit)
  • Stylebuilding Type: 2 Story, Apartment Building, Multi-Level
  • Tax Municipality: Wisconsin Rapids, City of
  • Named Exceptions: Yes
  • Remarks Inclusions Public: 28 Refrigerators, 28 Ranges, 2 Washers, and 2 Dryers.
  • Total Units: 28
  • Unit Identifier: City of Wisconsin Rapids
  • Remarks Public: Well Maintained 28 Unit Apartment building in Wisconsin Rapids and located near and with great views of the Wisconsin River. Underground parking! Mix of 1 and 2 Bedroom apartments. Newer roof! Many other things, call or email for Offering Memorandum.
  • Tax Municipal Sub Area: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Source Total Fin Sq Ft: Seller
  • Sq Ft Fin Above Grade Est: 50000
  • Sq Ft Total Fin Above And Below: 50000
  • Price Per Sq Ft: 29.1

Exterior Features

  • Exterior Finish Of Building: Brick, Wood/Wood Shake/Cedar
  • Foundation For Building: Poured Concrete

Garage/Parking

  • Number Of Total Parking Inside: 27
  • Building Parking: Underground

Utilities

  • Utilities: Sep Elec Meters/Unit
  • Heating Cooling: Hot Water/Steam
  • Heating Fuel Type: Natural Gas
  • Number Of Ac Units: 28
  • Number Of Furnaces: 1
  • Number of Ranges: 28
  • Number Of Water Heaters: 1
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water
  • Monthly Water Expense: 1965

Schools

  • School District: Wisconsin Rapids

Lot Info

  • Estimated Acres: 0.62
  • Lot Description: Corner, Near Bus Line, Sidewalk
  • Zoning: Multi-Family(5+Units)
  • Geo Address Line: 521 2nd St S
  • Geo Primary City: Wisconsin Rapids
  • Geo Quality: 0.95
  • Geo Subdivision: WI
  • Geo Zoom Level: 16

Tax Info

  • Assessor Parcel Number: 3408041
  • Tax Net Amt: 23590.76
  • Tax Year: 2017

Multi Family

  • Number Of Dryers: 2
  • Number Of Refrigerators: 28
  • Number Of Washers: 2
  • Total Numberof Buildings: 1
  • Bedrooms: 2

MLS Schools

  • School District: Wisconsin Rapids

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2018
Closed on
Aug 23, 2018
Sold by
Accredited Home Services
Bought by
Riverfront Apts Llc
Seller's Agent
Chris Mokler
Keller Williams Fox Cities
Buyer's Agent
Non-Member Account
RANW Non-Member Account
List Price
$1,499,900
Sold Price
$1,455,000
Premium/Discount to List
-$44,900
-2.99%
Total Days on Market
68
Current Estimated Value
$1,940,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,998
Avg. Annual Appreciation
4.52%
Original Mortgage
$720,000
Outstanding Balance
$633,009
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,328,964

Purchase Details

Listed on
May 30, 2017
Closed on
Aug 8, 2017
Sold by
Northbrook Apartments Inc
Bought by
Accredited Home Services Llc
Seller's Agent
Gerry Geishart
NORTH CENTRAL REAL ESTATE BROKERAGE, LLC
Buyer's Agent
Gerry Geishart
NORTH CENTRAL REAL ESTATE BROKERAGE, LLC
List Price
$899,000
Sold Price
$877,000
Premium/Discount to List
-$22,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.71%
Original Mortgage
$701,600
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 19, 2013
Sold by
Ertz Stephen R and Ertz Desiree Ab
Bought by
Nelson Alan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 16, 2012
Sold by
Chater Cable Parters Llc
Bought by
Northbrok Apt Inc

Map

Range of Values:

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 Type Sale Price Title Company
Warranty Deed $1,310,500 --
Warranty Deed $877,000 Midwest Title Group Llc
Warranty Deed $25,000 Goetz Abs & Title
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $720,000 Purchase Money Mortgage
Previous Owner $701,600 Adjustable Rate Mortgage/ARM
Previous Owner $20,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $1,455,000 -3.0% $29 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
06/16/2018 06/16/18 For Sale $1,499,900 +71.0% $30 / Sq Ft
08/09/2017 08/09/17 Sold $877,000 -2.4% --
06/12/2017 06/12/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $899,000 -- --
Source: REALTORS® Association of Northeast Wisconsin

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 $29,628 $1,467,000 $38,900 $1,428,100
2023 $32,641 $1,137,600 $38,900 $1,098,700
2022 $32,624 $1,137,600 $38,900 $1,098,700
2021 $31,838 $1,137,600 $38,900 $1,098,700
2020 $30,607 $1,137,600 $38,900 $1,098,700
2019 $30,446 $1,137,600 $38,900 $1,098,700
2018 $24,013 $914,000 $38,900 $875,100
2017 $23,591 $877,900 $36,500 $841,400
2016 $23,474 $877,900 $36,500 $841,400
2015 $23,244 $877,900 $36,500 $841,400
Source: Public Records

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50186224

REALTORS® Association of Northeast Wisconsin

APN: 3408041

Wisconsin Wood County Wisconsin Rapids 54494

521 2nd St S, Wisconsin Rapids, WI

Homes for Sale in Wisconsin Rapids, WI

This home is located at 521 2nd St S, Wisconsin Rapids, WI 54494 and is currently priced at $1,455,000, approximately $29 per square foot. This property was built in 1965. 521 2nd St S is a home located in Wood County with nearby schools including Howe Elementary School, Wisconsin Rapids Area Middle School, and East Junior 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.

REALTORS® Association of Northeast Wisconsin Copyright REALTORS Association of Northeast Wisconsin MLS, Inc. - All Rights Reserved

Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Ten-X nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes