NOT LISTED FOR SALE

617 W Central St Unit 3 Chippewa Falls, WI 54729

Estimated Value: $214,000 - $268,000

-- Bed
-- Bath
2,868 Sq Ft
$83/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $124,000 $43 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,483/month

173 Days on Market

About This Home

As of April 2020

Create instant equity and cash flow - desirable location! Triplex tucked on private wooded lot in a very nice residential neighborhood. Two units have good tenants on month to month leases. Third unit is vacant and needs significant repair. Vacant apt was rented for $495 per month. Seller also offering property MLS#1536249. Pick up both properties for a steal of a price and great cash flow!

Last Agent to Sell the Property

Patrick Rebman

Chippewa Valley Real Estate, LLC License #58078-90 Listed on: 09/26/2019

Last Buyer's Agent

Patrick Rebman

Chippewa Valley Real Estate, LLC License #58078-90 Listed on: 09/26/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1901

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 217 x 154 x 177 x 125

Home Design

  • Triplex
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 2,868 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Radiant Heating System
  • Hot Water Heating System

Listing and Financial Details

  • Exclusions: Tenants Personal
  • Assessor Parcel Number 22808-0634-50020925

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1,949
  • Fuel Expense $1,949
  • Water Sewer Expense $1,302

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,946

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Directions: (from 53), left onto W. River St (bus. 29) into Chippewa Falls, left on Wagner St, continue on W Columbia St, right on to Governor St, Governor St turns left and becomes W Central St. Sign at property. Property tucked behind single family homes.
  • Lot Size: 217 x 154 x 177 x 125
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Year Built: 1901
  • Lot Size Acres: 0.62
  • Co List Office Phone: 715-514-5440
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2868.0
  • Living Area: 2868.0
  • Property Sub Type Additional: Triplex
  • General Property Information Below Grade Unfinished Area: 1400.0
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Basement YN: Yes

Exterior Features

  • Foundation Details: Block
  • Waterfront: No
  • Exclusions: Tenants Personal
  • Construction Type: Wood Siding

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Hot Water, Radiant
  • Sewer: Public Sewer
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1949.0
  • Annual Water Sewer Expense: 1302.0

Schools

  • Junior High Dist: Chippewa Falls

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 22808-0634-50020925
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2946.0

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 1949.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Feb 26, 2020
Sold by
Bauer John P and Bauer Knox
Bought by
Vinmans John J and Brown Marissa L
Seller's Agent
Patrick Rebman
Chippewa Valley Real Estate, LLC
Buyer's Agent
Patrick Rebman
Chippewa Valley Real Estate, LLC
List Price
$139,900
Sold Price
$124,000
Premium/Discount to List
-$15,900
-11.37%
Current Estimated Value
$236,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,730
Avg. Annual Appreciation
12.60%
Original Mortgage
$93,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Vinmans John J $124,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vinmans John J $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $124,000 -11.4% $43 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
09/26/2019 09/26/19 For Sale $139,900 -- $49 / Sq Ft
Source: Northwestern 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 $2,738 $133,700 $35,400 $98,300
2023 $2,529 $133,700 $35,400 $98,300
2022 $2,466 $133,700 $35,400 $98,300
2021 $2,324 $133,700 $35,400 $98,300
2020 $2,486 $133,700 $35,400 $98,300
2019 $3,007 $110,400 $17,000 $93,400
2018 $2,946 $110,400 $17,000 $93,400
2017 $2,712 $110,400 $17,000 $93,400
2016 $2,742 $110,400 $17,000 $93,400
2015 $2,325 $110,400 $17,000 $93,400
2014 $2,284 $110,400 $17,000 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1535879

Northwestern Wisconsin Multiple Listing Service

APN: 22808-0634-50020925