NOT LISTED FOR SALE

521 Cedar Dr N Unit 521-523 Hudson, WI 54016

Estimated Value: $365,000 - $424,000

-- Bed
-- Bath
2,822 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $360,000 $128 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,070/month

7 Days on Market

Highlights

  • Forced Air Heating System
  • North Hudson Elementary School Rated A
  • Wood Siding

About This Home

As of May 2024

Welcome to your next investment opportunity! This rare duplex in the heart of Hudson presents a unique chance to own a versatile property in a sought-after location. One unit is fully renovated and ready for immediate occupancy, while the second unit is undergoing renovation and comes with the majority of supplies needed to finish. Enjoy the many recent updates, including a new roof, fresh paint, updated trim, smart lighting, and vinyl flooring, to just name a few. The property is ideally situated just minutes away from downtown Hudson's charming shops, restaurants, and parks. You'll also appreciate the convenience of nearby schools and quick access to major highways. Whether you choose to live in one unit and rent out the other, or lease both for rental income, this duplex offers a fantastic opportunity to capitalize on Hudson's thriving real estate market. Estimated monthly rent of $1,900 per unit. Don't miss your chance to invest in this prime property! Booking your showing today!

Last Agent to Sell the Property

Dustin Schuh

Property Executives Realty Brokerage Phone: 715-723-4663 License #96168-94 Listed on: 04/25/2024

Last Buyer's Agent

Other Companies Non-MLS

Other Companies/Non-MLS License #0

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,877

Year Built

  • Built in 1984

Lot Details

  • 0.3 Acre Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Block Foundation
  • Wood Siding

Interior Spaces

  • Basement Fills Entire Space Under The House

Kitchen

  • Freezer
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161-2003-30-000

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,350
  • Trash Expense $872
  • Water Sewer Expense $1,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,877

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Directions: On WI-35 N headed North, Turn right onto Michaelson St N, Turn right onto Cedar Dr N, Destination will be on the right
  • Lot Size: 0 x 0 x
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 1984
  • Lot Size Acres: 0.3028
  • Attribution Contact: 715-723-4663
  • Co List Office Phone: 715-723-4663
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1536.0
  • Reso Fireplace Features: None
  • Living Area: 2822.0
  • Property Sub Type Additional: Duplex
  • General Property Information Below Grade Unfinished Area: 250.0
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Full, Finished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Freezer, Refrigerator, Washer
  • Basement YN: Yes
  • Below Grade Sq Ft: 1286.0
  • Fireplace: No

Exterior Features

  • Foundation Details: Block
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Asphalt, Driveway

Utilities

  • Cooling: Central Air, None
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 872.0
  • Annual Water Sewer Expense: 1680.0

Schools

  • Junior High Dist: Hudson

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 161-2003-30-000
  • Zoning Description: Residential,Residential-Duplex,Residential-Multifamily
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3877.11

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 2350.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 22, 2024
Sold by
Larson Paul A and Larson Holly A
Bought by
Lmg Investments Llc
Seller's Agent
Dustin Schuh
Property Executives Realty
Buyer's Agent
Other Companies Non-MLS
Other Companies/Non-MLS
List Price
$399,900
Sold Price
$360,000
Premium/Discount to List
-$39,900
-9.98%
Views
26
Current Estimated Value
$388,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,230
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Jul 25, 2014
Sold by
Harwell Fredrick J and Harwell Deborah J
Bought by
Larson Paul A and Larson Holly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,337
Interest Rate
4.2%
Mortgage Type
VA
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
Lmg Investments Llc $360,000 Legacy Title
Larson Paul A $184,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larson Paul A $189,337
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $360,000 -10.0% $128 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $399,900 -- $142 / Sq Ft
Source: Northwestern 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 $41 $299,300 $64,400 $234,900
2023 $3,877 $299,300 $64,400 $234,900
2022 $3,869 $299,300 $64,400 $234,900
2021 $3,746 $184,300 $36,500 $147,800
2020 $3,634 $184,300 $36,500 $147,800
2019 $3,387 $184,300 $36,500 $147,800
2018 $3,335 $184,300 $36,500 $147,800
2017 $3,215 $184,300 $36,500 $147,800
2016 $3,215 $184,300 $36,500 $147,800
2015 $2,945 $184,300 $36,500 $147,800
2014 $2,923 $184,300 $36,500 $147,800
2013 $3,021 $192,300 $40,000 $152,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1581327

Northwestern Wisconsin Multiple Listing Service

APN: 161-2003-30-000