NOT LISTED FOR SALE

Estimated Value: $2,402,891

16 Beds
-- Bath
-- Sq Ft
1.61 Acre Lot

Sale Details

Date Sold: May 31, 2022

Last sale price $1,900,000

Est. 26% increase in value since last sale

Current estimated payment $15,840 / mo

73 Days on Market

Highlights

  • 1.61 Acre Lot
  • Deck
  • Covered Patio or Porch
  • Bannach Elementary School Rated A
  • Vaulted Ceiling
  • Enclosed Parking

About This Home

As of May 2022

12 updated units and a very well-maintained property! 2 custom-built 2 story buildings, slab on grade, stucco/brick exterior with 6 units and 6 one car garages each. Built in 2000 on 1.61 acres (mol), these very well-maintained buildings are in desirable Stevens Point close to amenities, main roads, and public transit. Each unit is approximately 1100 Sq. Ft. and has a master bedroom with master bath, spare bedroom, main bath, open concept living room and kitchen. Extras include electric stove, refrigerator, dishwasher, A/C wall unit, full size washer and dryer hook ups, pantries, walk-in closets, extra storage closets. Upper units have vaulted ceilings and balconies. Lower units have heated floors and patios. Each unit has a 1 car garage with opener/insulated door and a large, paved parking lot with extra parking. Additional info: Roof on North building was replaced in 2016 and South building in 2017. Long term tenants, all have leases. Tenants pay electricity. Water/heat/garbage are all included with rent.

Last Agent to Sell the Property

Lisa Bergmann

REMAX EXCEL License #66538-94 Listed on: 01/26/2022

REMAX EXCEL

Last Buyer's Agent

AGENT NON-MLS

NON-MLS OFFICE

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,613

Year Built

  • Built in 2000

Lot Details

  • 1.61 Acre Lot

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 8 Car Garage
  • Enclosed Parking
  • Tuck Under Garage
  • Insulated Garage
  • Parking Available
  • Garage Door Opener
  • Parking Lot

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Separate Meters
  • Master Meter
  • Natural Gas Water Heater
  • Public Septic
  • Cable TV Available

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 281-2408-253-3006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,613

Year Built

Built in 2000

Lot Details

1.61 Acres

Listing Details

  • Additional Remarks: Property currently grosses $144,000 and nets over $100,000 with a lot of upside potential. DIRECTIONS: Brilowski Road to Sandpiper Drive to property on the corner.
  • Class: Multi-Family
  • Municipality: Stevens Point, City of
  • Style: 2 Story
  • Year Built: 2000
  • Construction: Brick, Stucco
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher
  • Interior: Ceiling Fan(s), Vaulted Ceiling, Smoke Detector, Garage Door Opener, Cable Hookup, Master Bath, Window Treatments, Walk-In Closet(s), Cable/Satellite Available, Carpet, Vinyl Floors
  • Basement Type: None / Slab

Exterior Features

  • Roof: Shingle
  • Patio Deck: Deck, Patio

Garage/Parking

  • Garage Capacity: 8 or More
  • Parking: 1 Space, Blacktop/Asphalt, Extra Space Available, Inside Parking, Parking Lot, Paved
  • Garage: Built-in under Home, Individual Garage, Insulated Garage

Utilities

  • Cooling: Wall A/C
  • Fuel Type: Natural Gas
  • Heat Type: Hot Water
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Septic Type: City
  • Water: Meter (s)
  • Electricity: Separate Meter
  • Gas: Master Meter
  • Laundry: Hook-up in All
  • Sewer Included: Y
  • Utilities Heat Included: Y
  • Separate Electricity: Y
  • Water Included: Y

Condo/Co-op/Association

  • Amenities: Smoke Detectors, Fire Sprinklers, Patio-Covered

Schools

  • Stevens Pt Area Sch Dist: Stevens Point A

Lot Info

  • Acreage: 1.61
  • Lot Size: 70349
  • Zoning: Commercial, Multi-Family
  • Present Use: Rentals
  • Geo Address Line: 5601 Sandpiper Dr
  • Geo Primary City: Stevens Point
  • Geo Quality: 0.95

Rental Info

  • Annual Rent: 143712

Tax Info

  • Tax Amount: 22613
  • Assessor Parcel Number: 281-2408-253-3006
  • Tax Year: 2021

Multi Family

  • Number Of Units: 12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
May 31, 2022
Sold by
Bought by
Seller's Agent
Lisa Bergmann
REMAX EXCEL
Buyer's Agent
AGENT NON-MLS
NON-MLS OFFICE
List Price
$2,380,000
Sold Price
$1,900,000
Premium/Discount to List
-$480,000
-20.17%
Current Estimated Value
$2,402,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,891
Avg. Annual Appreciation
5.71%
Original Mortgage
$1,190,000
Outstanding Balance
$1,113,843
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$1,289,048

Purchase Details

Closed on
Mar 17, 2017
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Stevens Point, WI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,900,000 None Listed On Document
$915,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,190,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $1,900,000 -3.1% --
02/22/2022 02/22/22 Price Changed $1,960,000 -17.6% --
01/26/2022 01/26/22 For Sale $2,380,000 -- --
Source: Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $31,897 $1,489,000 $154,500 $1,334,500
2024 -- $1,489,000 $154,500 $1,334,500
2023 $0 $1,489,000 $154,500 $1,334,500
2022 $23,288 $901,700 $93,300 $808,400
2021 $22,614 $901,700 $93,300 $808,400
2020 $22,503 $901,700 $93,300 $808,400
2019 $22,374 $901,700 $93,300 $808,400
2018 $20,846 $901,700 $93,300 $808,400
2017 $19,983 $901,700 $93,300 $808,400
2016 $20,345 $819,000 $60,000 $759,000
2015 $20,461 $819,000 $60,000 $759,000
2014 $19,931 $819,000 $60,000 $759,000
Source: Public Records

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22200278

Central Wisconsin Multiple Listing Service

APN: 281-24-0825330006

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