NOT LISTED FOR SALE

608 5th St Algoma, WI 54201

Algoma Area

Estimated Value: $348,675

10 Beds
8 Baths
4,900 Sq Ft
$71/Sq Ft Est. Value

Sale Details

Date Sold: December 4, 2020

Last sale price $229,000 $47 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,386 / mo

300 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • Satellite Dish
  • Walk-In Closet
  • Hot Water Heating System
  • 4-minute walk to Algoma Parks & Recreation Department

About This Home

As of December 2020

Searching for a solid investment? This four unit apartment building comes with a great rental history. Check out these stats...two units with three bedrooms, two units with two bedrooms, all four units with 1 1/2 bathrooms each, and a concrete parking lot in back. The units are in very good condition with lots of recent remodeling and the tenants pay all of their own utilities. Plus...it's a block from Algoma schools, city hall, shopping, and a grocery store. Live in one unit and rent out three others or rent out the whole place. Also listed under Commercial MLS #134751.

Last Agent to Sell the Property

Bob Gray

ERA Starr Realty Brokerage Phone: 9207434321 License #94-40914 Listed on: 01/06/2020

Last Buyer's Agent

Paul Dreutzer

ERA Starr Realty License #90-47589

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,550

Year Built

  • Built in 1947

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 124
  • Open Lot
  • Grass Covered Lot

Home Design

  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,900 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet

Parking

  • No Garage
  • Alley Access

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Total Actual Rent $2,600
  • Tenant pays for electricity, water, trash collection, gas, sewer
  • The owner pays for exterior maintenance, insurance, taxes
  • Assessor Parcel Number 201001102460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,550

Year Built

Built in 1947

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 124
  • Directions: Take Highway 42 (4th Street) to Fremont Street. Turn west toward Library and City Hall. Turn right on 5th Street. Subject property will be on your right.
  • Above Grade Finished Sq Ft: 4900
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Other Equipment: Satellite Dish
  • Owner Pays: Exterior Maintenance, Insurance, Taxes
  • Has Basement: Full, Inside
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 10
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Carpet, Laminate
  • Interior Amenities: Walk-In Closet(s), Ceiling Fan(s)
  • Living Area: 4900

Exterior Features

  • Lot Features: Standard, Open Lot
  • View: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Alley Access

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer, Septic(Sewer), Septic Info(Public)
  • Utilities: Cable
  • Water Source: Public

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: Algoma

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 201001102460
  • Zoning: R-4

Rental Info

  • Lease Term: Unit 1(Month/Month),Unit 2(Month/Month),Unit 3(Month/Month),Unit 4(Month/Month)
  • Tenant Pays: Electricity, Water, Trash Collection, Gas, Sewer

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 2600
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2549.5
  • Tax Year: 2019

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 6, 2020
Closed on
Nov 30, 2020
Sold by
Sweet Dreams L L C
Bought by
Seller's Agent
Bob Gray
ERA Starr Realty
Buyer's Agent
Paul Dreutzer
ERA Starr Realty
List Price
$240,000
Sold Price
$229,000
Premium/Discount to List
-$11,000
-4.58%
Current Estimated Value
$348,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,675
Avg. Annual Appreciation
7.61%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Algoma, WI

  • Joe Cardenas Real Estate Agent - JC Realtors

    Joe Cardenas

    JC Realtors

    (414) 939-7912

    80 Total Sales

    5 in Algoma

    $145K - $595K Price Range

    Joe Cardenas
     Section Image
  • Jody Behringer Real Estate Agent - Weichert, Realtors CornerStone

    Jody Behringer

    Weichert, Realtors CornerStone

    (920) 663-4389

    11 Total Sales

    1 in Algoma

    $345,000 Price

    Jody Behringer
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  • Alison Smith Real Estate Agent - Coldwell Banker Real Estate Group

    Alison Smith

    Coldwell Banker Real Estate Group

    (920) 310-3084

    19 Total Sales

    2 in Algoma

    $125K - $440K Price Range

    Alison Smith
     Section Image
  • Jennifer Schleis Real Estate Agent - Weichert, Realtors CornerStone

    Jennifer Schleis

    Weichert, Realtors CornerStone

    (920) 717-4590

    59 Total Sales

    1 in Algoma

    $215,000 Price

    Jennifer Schleis
     Section Image
  • Markus Tassoul Real Estate Agent - Action Realty

    Markus Tassoul

    Action Realty

    (920) 695-6966

    128 Total Sales

    9 in Algoma

    $15K - $303K Price Range

    Markus Tassoul
     Section Image
  • Angela Neave Real Estate Agent - ERA Starr Realty

    Angela Neave

    ERA Starr Realty

    (920) 695-6387

    7 Total Sales

    1 in Algoma

    $210,000 Price

    Angela Neave
     Section Image
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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
$229,000 --
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
12/04/2020 12/04/20 Sold $229,000 -4.6% $47 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $240,000 -- $49 / Sq Ft
Source: Door County Board of REALTORS®

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 $5,651 $516,006 $184,707 $331,299
2024 $5,555 $505,889 $181,086 $324,803
2023 $5,555 $495,971 $177,536 $318,435
2022 $5,210 $486,247 $174,055 $312,192
2021 $5,049 $476,714 $170,643 $306,071
2020 $4,993 $471,827 $168,894 $302,933
2019 $4,792 $449,577 $165,583 $283,994
2018 $4,533 $422,072 $162,337 $259,735
2017 $4,441 $413,797 $159,154 $254,643
2016 $4,325 $405,684 $156,034 $249,650
2015 $4,275 $399,592 $153,691 $245,901
2014 $4,204 $391,766 $150,681 $241,085
Source: Public Records

Agents Affiliated with this Home

  • Bob Gray Real Estate Agent - ERA Starr Realty

    Seller's Agent in 2020

    Bob Gray

    ERA Starr Realty

    (920) 743-7283

    40 Total Sales

    Bob Gray
    Section Image
  • Paul Dreutzer Real Estate Agent - ERA Starr Realty

    Buyer's Agent in 2020

    Paul Dreutzer

    ERA Starr Realty

    (920) 743-7283

    74 Total Sales

    Paul Dreutzer
    Section Image
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Map

Source: Door County Board of REALTORS®

MLS Number: 134750

APN: 201-00110-2460

Wisconsin Kewaunee County Algoma 54201

608 5th St, Algoma, WI

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