NOT LISTED FOR SALE

601 Franklin St Stevens Point, WI 54481

Estimated Value: $186,148 - $216,000

5 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold October 16, 2020

Last sale price $134,900

Est. 47% increase in value since last sale

Current estimated payment $1,106/month

89 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 3-minute walk to Stevens Point Sculpture Park

About This Home

As of October 2020

Excellent Investment Opportunity! Student rental licensed for five with two baths that is currently leased through 08/31/2021 at $1400 monthly! This property has had a great rental history thanks to the Private yard, Large garage, ample parking, and proximity to UWSP and MSTC. UWSP is forecasted to have one of the largest incoming class to date for the 2020-2021 school year. With student population growing, the demand for quality student housing will as well. *Seller would like to sell this property and 401 West Street at the same time.

Last Listed By

Noah Eschenbauch

HOMEPOINT REAL ESTATE LLC License #61371-94 Listed on: 06/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,582

Year Built

  • Built in 1923

Lot Details

  • 6,534

Home Design

  • Shingle Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 2-Story Property
  • Range
  • Washer and Dryer Hookup
  • Basement

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Additional Features

  • 6,534 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 281-24-0829301405

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,582

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Lvt Date: 06/09/2020
  • Municipality: Stevens Point, City of
  • Style: 2 Story
  • Year Built: 1923
  • Construction: Metal
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Yes

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Capacity: 2
  • Parking: Off Street
  • Garage: Attached

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Laundry: Hook-up in All

Lot Info

  • Acreage: .15
  • Lot Size: .15
  • Zoning: Multi-Family
  • Geo Address Line: 601 Franklin St
  • Geo Primary City: Stevens Point
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Annual Rent: 16,200.

Tax Info

  • Tax Amount: 2582.4
  • Assessor Parcel Number: 281-24-0829301405
  • Tax Year: 2019

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Oct 8, 2020
Sold by
G2 Property Management Llc
Bought by
Morris Eric
Seller's Agent
Noah Eschenbauch
HOMEPOINT REAL ESTATE LLC
Buyer's Agent
Victoria Schultz
STEVENS POINT REALTY INC
List Price
$134,900
Sold Price
$134,900
Total Days on Market
89
Current Estimated Value
$198,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,137
Avg. Annual Appreciation
8.72%
Original Mortgage
$97,650
Outstanding Balance
$87,830
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$110,207

Range of Values:

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Average Value
Not Available
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
Morris Eric $131,400 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Eric $97,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $134,900 0.0% --
06/03/2020 06/03/20 For Sale $134,900 -- --
Source: Central 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 $33 $172,000 $16,500 $155,500
2023 $0 $172,000 $16,500 $155,500
2022 $2,959 $115,300 $13,200 $102,100
2021 $2,843 $115,300 $13,200 $102,100
2020 $2,827 $115,300 $13,200 $102,100
2019 $2,807 $115,300 $13,200 $102,100
2018 $2,616 $115,300 $13,200 $102,100
2017 $2,511 $115,300 $13,200 $102,100
2016 $2,257 $92,800 $13,100 $79,700
2015 $2,311 $92,800 $13,100 $79,700
2014 $2,212 $92,800 $13,100 $79,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22002857

Central Wisconsin Multiple Listing Service

APN: 281-24-0829301405