NOT LISTED FOR SALE

616 S Cherry Ave Marshfield, WI 54449

Estimated Value: $175,046 - $269,000

5 Beds
3 Baths
2,193 Sq Ft
$95/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $201,300 $92 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,337/month

114 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Marshfield High School Rated A
  • Porch
  • Utility Room

About This Home

As of April 2024

Calling All Investors..the perfect property to add to your portfolio!! This triplex has been updated throughout!! Recent improvements include chinking and sealing of the basement, gutters, and new landscaping. Unit 1 is (2 bdrm 1 bath) rent $650, Unit 2 (2 bdrm 1 bath) rent $650, Unit 3 (1 bdrm 1 bath) $550, Tenants are all on month to month (would like long term lease), are responsible for snow removal and lawn care (snowblower and mower is provided) and all utilities There is laundry on site in basement with common area for additional storage along with 2 car detached garage. A wonderful opportunity to invest in your future

Last Agent to Sell the Property

JULIE JOHNSRUD

SUCCESS REALTY INC License #71868-94 Listed on: 11/06/2023

Last Buyer's Agent

The Legacy Group

THE LEGACY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,125

Year Built

  • Built in 1903

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 84x157

Home Design

  • Triplex
  • Tri-Level Property
  • Shingle Roof
  • Metal Construction or Metal Frame
  • Vinyl Construction Material

Interior Spaces

  • 2,193 Sq Ft Home
  • Utility Room
  • Fire and Smoke Detector
  • Range

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Parking Lot

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 3301695

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,125

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Additional Remarks: 24 hour notice is required.
  • Class: Multi-Family
  • Municipality: Marshfield, City of
  • Style: Tri-Level
  • Type: Triplex
  • Year Built: 1903
  • Construction: Vinyl, Wood, Metal
  • Geo Subdivision: WI
  • Below Grade Sq Ft: 1032
  • Finished Above Grade Sq Ft: 2193
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Yes
  • Interior: Smoke Detector
  • Basement Type: Full, Outside Entry Only

Exterior Features

  • Roof: Shingle
  • Patio Deck: Deck, Porch

Garage/Parking

  • Garage Capacity: 2
  • Parking: 1 Space, Extra Space Available, Gravel, Parking Lot
  • Garage: Detached

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Septic Type: Public
  • Water: Separate Meter
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Available On Site
  • Separate Electricity: Y
  • Separate Heat: Y
  • Utilities Sewer: y
  • Water: y

Schools

  • Marshfield Area Sch Dist: Marshfield

Lot Info

  • Acreage: .30
  • Lot Size: 84x157
  • Geo Address Line: 616 S Cherry Ave
  • Geo Primary City: Marshfield
  • Geo Quality: 0.95

Rental Info

  • Annual Rent: 22,200

Tax Info

  • Tax Amount: 2125
  • Assessor Parcel Number: 3301695
  • Tax Year: 2022

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Apr 1, 2024
Sold by
Regele Nicholas
Bought by
Polacek Jeremiah P
Seller's Agent
JULIE JOHNSRUD
SUCCESS REALTY INC
Buyer's Agent
The Legacy Group
THE LEGACY GROUP
List Price
$194,900
Sold Price
$201,300
Premium/Discount to List
$6,400
3.28%
Views
136
Current Estimated Value
$207,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,462
Avg. Annual Appreciation
1.83%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Butler James F
Bought by
Regele Nicholas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,150
Interest Rate
5.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2009
Sold by
Butler James F
Bought by
Regele Nicholas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,150
Interest Rate
5.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Polacek Jeremiah P $201,300 Mackenzie Frueh
Regele Nicholas J $66,700 --
Regele Nicholas J $66,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Regele Nicholas J $53,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Sold $201,300 +3.3% $92 / Sq Ft
11/06/2023 11/06/23 For Sale $194,900 -- $89 / Sq Ft
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 $2,978 $160,400 $34,000 $126,400
2023 $2,628 $160,400 $34,000 $126,400
2022 $2,148 $81,200 $23,100 $58,100
2021 $2,125 $81,200 $23,100 $58,100
2020 $2,090 $81,200 $23,100 $58,100
2019 $2,021 $81,200 $23,100 $58,100
2018 $2,070 $81,200 $23,100 $58,100
2017 $2,310 $81,200 $23,100 $58,100
2016 $2,447 $83,500 $23,100 $60,400
2015 $2,243 $83,500 $23,100 $60,400
Source: Public Records

Agents Affiliated with this Home

  • JULIE JOHNSRUD

    Seller's Agent in 2024

    JULIE JOHNSRUD

    SUCCESS REALTY INC

    (715) 897-4321

    296 Total Sales

    JULIE JOHNSRUD
    Section Image

  • T

    Buyer's Agent in 2024

    The Legacy Group

    THE LEGACY GROUP

    332 Total Sales

    The Legacy Group
    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22235137

Central Wisconsin Multiple Listing Service

APN: 33-01695

Wisconsin Wood County Marshfield 54449

616 S Cherry Ave, Marshfield, WI

Not Listed for Sale

MultiFamily

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