NOT LISTED FOR SALE

609 Randall Ave Rhinelander, WI 54501

Estimated Value: $137,000 - $165,000

3 Beds
2 Baths
1,270 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $85,000 $67 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $950/month

12 Days on Market

About This Home

As of August 2022

Calling all Investors! With housing market in high demand, rental/investment properties are selling quickly. This 1.5 story duplex brings in $1,100 a month but utilities are not split. Upper unit pays their electric, landlord pays lower unit electric/gas as that gas meter heats the whole building including the water heater. Landlord pays water utility. Main floor has access to the full basement. There is 2 car detached garage with each unit using one side, accessible by a shared driveway with the neighboring property. Tenants Rights.

Last Agent to Sell the Property

Lisa Alsteen

REDMAN REALTY GROUP, LLC License #52808 - 90 Listed on: 07/07/2022

Last Buyer's Agent

LUKE DURKEE

PEOPLE FIRST REALTY GROUP LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,635

Lot Details

  • 7,275 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,270 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • B L Horr Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number RH-1082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,635

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size: 50x
  • Road Frontage Type: City Street
  • Ownership: Fee Simple
  • Subdivision Name: B L Horr Add
  • Directions: West on Lincoln Street to Left on Oneida to Right on Kemp Street to Right on Randall Avenue.
  • Above Grade Finished Sq Ft: 1270.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed

Exterior Features

  • Waterfront: No
  • Construction Type: Brick, Frame, Vinyl Siding
  • Foundation Details: Stone
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • High School: ON Rhinelander
  • Middle Or Junior School: ON J. Williams

Lot Info

  • Lot Size Sq Ft: 7275.0
  • Parcel #: RH-1082

Tax Info

  • Tax Annual Amount: 1635.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 22, 2022
Sold by
Twelve River Rentals Llc
Bought by
Highland Lakes Real Estate Holdings Llc
Seller's Agent
Lisa Alsteen
REDMAN REALTY GROUP, LLC
Buyer's Agent
LUKE DURKEE
PEOPLE FIRST REALTY GROUP LLC
List Price
$69,500
Sold Price
$85,000
Premium/Discount to List
$15,500
22.3%
Views
11
Current Estimated Value
$152,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,124
Avg. Annual Appreciation
20.09%
Original Mortgage
$68,000
Outstanding Balance
$64,901
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$87,223

Purchase Details

Closed on
Jun 1, 2018
Sold by
Hoff Jason
Bought by
Twelve River Rentals Llc

Purchase Details

Listed on
Aug 28, 2015
Closed on
May 26, 2016
Sold by
Papineau Bryan F
Bought by
Hoff Jason
Seller's Agent
NEIL DOMINY
PINE POINT REALTY
Buyer's Agent
Lisa Alsteen
REDMAN REALTY GROUP, LLC
List Price
$69,900
Sold Price
$48,025
Premium/Discount to List
-$21,875
-31.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%

Purchase Details

Closed on
Sep 24, 2015
Sold by
Papineau Cathleen M
Bought by
Papineau Bryan F
Source: Public Records

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
Highland Lakes Real Estate Holdings Llc $85,000 Oneida Title
Twelve River Rentals Llc -- None Available
Hoff Jason $48,025 --
Papineau Bryan F $35,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highland Lakes Real Estate Holdings Llc $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2022 08/22/22 Sold $85,000 +22.3% $67 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $69,500 +44.7% $55 / Sq Ft
05/26/2016 05/26/16 Sold $48,025 -31.3% $35 / Sq Ft View Prior Sale
05/25/2016 05/25/16 Pending -- -- --
09/02/2015 09/02/15 For Sale $69,900 -- $51 / Sq Ft
Source: Greater Northwoods MLS

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 $1,850 $75,600 $9,000 $66,600
2023 $1,783 $75,600 $9,000 $66,600
2022 $1,463 $75,600 $9,000 $66,600
2021 $1,766 $75,600 $9,000 $66,600
2020 $1,516 $75,600 $9,000 $66,600
2019 $1,575 $75,600 $9,000 $66,600
2018 $1,559 $75,600 $9,000 $66,600
2017 $1,569 $75,600 $9,000 $66,600
2016 $1,649 $75,600 $9,000 $66,600
2015 $1,595 $75,600 $9,000 $66,600
2014 $1,595 $75,600 $9,000 $66,600
2011 $1,486 $75,600 $9,000 $66,600
Source: Public Records

Agents Affiliated with this Home

  • Lisa Alsteen

    Seller's Agent in 2022

    Lisa Alsteen

    REDMAN REALTY GROUP, LLC

    (715) 892-2524

    233 Total Sales

    Lisa Alsteen
    Section Image

  • L

    Buyer's Agent in 2022

    LUKE DURKEE

    PEOPLE FIRST REALTY GROUP LLC

    Section Image

  • N

    Seller's Agent in 2016

    NEIL DOMINY

    PINE POINT REALTY

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Map

Source: Greater Northwoods MLS

MLS Number: 197757

Greater Northwoods MLS

APN: RH 1082

Wisconsin Oneida County Rhinelander 54501

609 Randall Ave, Rhinelander, WI

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