NOT LISTED FOR SALE

5322 N Lakeview Rd Unit 16 Mercer, WI 54547

Estimated Value: $506,898

-- Bed
-- Bath
9,000 Sq Ft
1.3 Acres

Last Sold July 31, 2020

Last sale price $353,331 $39 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,117/month

14 Days on Market

About This Home

As of July 2020

Great opportunity to own 16 unit apartment complex in Mercer. There are twelve one bedroom units and four two bedroom units. Village water and sewer. Building needs a roof that seller will complete prior to closing or sell for a reduced price and buyer can fix on their own.

Last Listed By

Cathy Hansen

Associated Realty LLC License #30927-90 Listed on: 06/16/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,408

Year Built

  • Built in 1980

Lot Details

  • 1.3

Parking

  • Driveway

Home Design

  • 9,000 Sq Ft Home
  • Brick Exterior Construction
  • Vinyl Siding
  • Stone

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Radiant Heating System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 16 Units

Listing and Financial Details

  • Exclusions: Sellers Personal,Tenants Personal
  • Assessor Parcel Number 012-1842-0000

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,408

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Directions: Hwy 51 North of Mercer to right on Lake View Rd, property 1st on right
  • Lot Size: 0 x 0 x
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Year Built: 1980
  • Lot Size Acres: 1.3
  • Co List Office Phone: 715-234-1111
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 9000.0
  • Reso Fireplace Features: None
  • Living Area: 9000.0
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Has Basement: None
  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Foundation Details: None
  • Waterfront: No
  • Exclusions: Sellers Personal,Tenants Personal
  • Construction Type: Brick, Stone, Vinyl Siding
  • Patio And Porch Features: None

Garage/Parking

  • Parking Features: Asphalt, Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers
  • Heating: Baseboard, Radiant
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Mercer

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 012-1842-0000
  • Zoning Description: Commercial,Residential-Multifamily
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2408.0

Multi Family

  • Number Of Units Total: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jul 30, 2020
Sold by
Upward Mobility Housing Llc
Bought by
Buss Kyle
Seller's Agent
Cathy Hansen
Associated Realty LLC
Buyer's Agent
Cathy Hansen
Associated Realty LLC
List Price
$360,000
Sold Price
$353,331
Premium/Discount to List
-$6,669
-1.85%
Total Days on Market
14
Current Estimated Value
$506,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,567
Avg. Annual Appreciation
8.55%
Original Mortgage
$264,998
Outstanding Balance
$238,617
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$284,319

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 Buyer Sale Price Title Company
Buss Kyle $353,400 Midwest Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buss Kyle $264,998
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $353,331 -1.9% $39 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $360,000 -- $40 / 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 $3,678 $249,500 $20,000 $229,500
2023 $3,213 $249,500 $20,000 $229,500
2022 $3,375 $249,500 $20,000 $229,500
2021 $3,330 $249,500 $20,000 $229,500
2020 $3,338 $249,500 $20,000 $229,500
2019 $2,408 $181,000 $20,000 $161,000
2018 $2,389 $181,000 $20,000 $161,000
2017 $2,302 $181,000 $20,000 $161,000
2016 $2,173 $181,000 $20,000 $161,000
2015 $2,118 $181,000 $20,000 $161,000
2014 -- $181,000 $20,000 $161,000
2013 $2,380 $181,000 $20,000 $161,000
Source: Public Records

Agents Affiliated with this Home

  • Cathy Hansen

    Seller's Agent in 2020

    Cathy Hansen

    Associated Realty LLC

    (715) 651-0113

    110 Total Sales

    Cathy Hansen
    Section Image
See All Agents

Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1543383

Northwestern Wisconsin Multiple Listing Service

APN: 012-1842-0000

Wisconsin Iron County Mercer 54547

5322 N Lakeview Rd Unit 16, Mercer, WI

Homes for Sale in Mercer, WI

This home is located at 5322 N Lakeview Rd Unit 16, Mercer, WI 54547 since 16 June 2020 and is currently estimated at $506,898, approximately $56 per square foot. This property was built in 1980. 5322 N Lakeview Rd Unit 16 is a home located in Iron County.

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.

Northwestern 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