NOT LISTED FOR SALE

701 Del Rea Ct Medford, WI 54451

Estimated Value: $218,718 - $229,000

-- Bed
-- Bath
-- Sq Ft
0.36 Acres

Last Sold October 02, 2020

Last sale price $745,000

Current estimated payment $1,508/month

48 Days on Market

Highlights

  • Deck
  • Baseboard Heating
  • Laundry Facilities
  • 8 Car Garage

About This Home

As of October 2020

Medford rental property investment opportunity. Portfolio listing includes: 701-703 Del Rea Court (Duplex), 720-726 & 750-756 Del Rea Court (Two 4-Plexes), W5254 A & B E. Perkins Street (Duplex), W5256 A, B, C, D E. Perkings Street (4-Plex), Nine storage garages. Quality built and well maintained. Each 4-Plex has an onsite coin operated laundry. Each duplex has a full basement. All units include a garage. Properties can be purchased together or by separate location.

Last Agent to Sell the Property

Team Dixon Grenier Realty

DIXON GREINER REALTY, LLC License #52181-90 Listed on: 06/11/2020

Last Buyer's Agent

AGENT NON-MLS

NON-MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,047

Year Built

  • Built in 1986

Lot Details

  • 0.36

Parking

  • 8 Car Garage

Home Design

  • Wood Foundation
  • Shingle Roof
  • Composition Shingle
  • Vinyl Construction Material

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck

Community Details

  • 25 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 251-01187-0001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,047

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Lvt Date: 06/18/2020
  • Municipality: Medford, City of
  • Type: Complex
  • Year Built: 1986
  • Construction: Vinyl, Wood, Composition
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher, Washer, Dryer
  • Basement: Yes
  • Basement Type: Full, Wood

Exterior Features

  • Roof: Shingle
  • Patio Deck: Deck

Garage/Parking

  • Garage Capacity: 8 or More
  • Garage: Attached, Detached

Utilities

  • Cooling: Wall A/C
  • Fuel Type: Electric
  • Heat Type: Baseboard
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Electric
  • Water: Separate Meter
  • Electricity: Separate Meter
  • Gas: No Meter
  • Laundry: Available On Site, Hook-up in Some
  • Separate Electricity: Y
  • Separate Heat: Y
  • Utilities Sewer: y
  • Water: y

Schools

  • School District: Medford
  • Marshfield Area Sch Dist: Medford
  • Wausau Area School Dist: Medford

Lot Info

  • Lot Size: 2.49 Acres
  • Zoning: Multi-Family
  • Geo Address Line: 701 Del Rea Ct
  • Geo Primary City: Medford
  • Geo Quality: 1
  • Geo Zoom Level: 18

Tax Info

  • Tax Amount: 18047
  • Assessor Parcel Number: 251-01187-0001
  • Tax Year: 2019

Multi Family

  • Number Of Units: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Oct 1, 2020
Sold by
Spencer Marcia R and Spencer Marcia
Bought by
River City Investment Group Llc
Seller's Agent
Team Dixon Grenier Realty
DIXON GREINER REALTY, LLC
Buyer's Agent
AGENT NON-MLS
NON-MLS OFFICE
List Price
$750,000
Sold Price
$745,000
Premium/Discount to List
-$5,000
-0.67%
Current Estimated Value
$224,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$520,427
Avg. Annual Appreciation
-21.83%
Original Mortgage
$1,124,750
Outstanding Balance
$1,011,643
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$787,070
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
River City Investment Group Llc $223,500 Midwest Title
River City Investment Group Llc $521,500 Midwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open River City Investment Group Llc $1,124,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $745,000 -0.7% --
06/11/2020 06/11/20 For Sale $750,000 -- --
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 $3,405 $165,000 $23,000 $142,000
2023 $3,234 $165,000 $23,000 $142,000
2022 $3,077 $165,000 $23,000 $142,000
2021 $3,096 $165,000 $23,000 $142,000
2020 $3,566 $135,900 $15,300 $120,600
2019 $3,411 $135,900 $15,300 $120,600
2018 $3,241 $135,900 $15,300 $120,600
2017 $3,285 $135,900 $15,300 $120,600
2016 $3,385 $135,900 $15,300 $120,600
2015 $2,909 $113,500 $20,300 $93,200
2014 $2,804 $113,600 $20,400 $93,200
2013 $2,866 $113,600 $20,400 $93,200
Source: Public Records

Agents Affiliated with this Home

  • Team Dixon Grenier Realty

    Seller's Agent in 2020

    Team Dixon Grenier Realty

    DIXON GREINER REALTY, LLC

    (715) 748-2258

    205 in this area

    634 Total Sales

    Section Image

  • A

    Buyer's Agent in 2020

    AGENT NON-MLS

    NON-MLS OFFICE

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22003071

Central Wisconsin Multiple Listing Service

APN: 251-01187-0001

Wisconsin Taylor County Medford 54451

701 Del Rea Ct, Medford, WI

This home is located at 701 Del Rea Ct, Medford, WI 54451 since 11 June 2020 and is currently estimated at $224,573. This property was built in 1986. 701 Del Rea Ct is a home located in Taylor County with nearby schools including Medford High School, Rural Virtual Academy, and Immanuel Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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