NOT LISTED FOR SALE

702 S Cherry Ave Marshfield, WI 54449

Estimated Value: $214,000 - $445,680

4 Beds
3 Baths
-- Sq Ft
0.3 Acres

Last Sold July 14, 2017

Last sale price $135,250

Est. 102% increase in value since last sale

Current estimated payment $1,749/month

About This Home

As of July 2017

An investor’s dream property! This Tri-plex home is fully occupied, with a two-bedroom apartment downstairs, and two one-bedroom apartments upstairs. Full basement currently goes along with downstairs apartment, but could easily be converted for storage space and laundry facilities for all tenants to use. Rents total $1525 monthly, and the home has always been fully occupied. All separate electric meters. Landlord pays for heat and water. Excellent cash-flowing income property! Many recent updates.

Last Agent to Sell the Property

RICHARD CHRONQUIST

FIRST WEBER License #45473-90 Listed on: 04/12/2017

Last Buyer's Agent

HELEN PIGUET

COLDWELL BANKER BRENIZER License #34758-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1895

Lot Details

  • Lot Dimensions are 84x157

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Range
  • Basement

Utilities

  • Forced Air Heating System
  • Master Meter
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3301696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,290

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Additional Comments: Properties LLC
  • Age: 51+
  • Class: Multi-Family
  • Lvt Date: 04/14/2017
  • Municipality: Marshfield, City of
  • Style: 2 Story
  • Type: Triplex
  • Year Built: 1895
  • Construction: Vinyl
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Yes
  • Interior: Smoke Detector

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Capacity: 3

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Electric
  • Water: Meter (s)
  • Electricity: Master Meter
  • Gas: Master Meter
  • Sewer Included: Y
  • Electricity Included: Y
  • Utilities Heat Included: Y
  • Water Included: Y

Schools

  • Marshfield Area Sch Dist: Marshfield

Lot Info

  • Lot Size: 84x157
  • Zoning: Multi-Family
  • Present Use: Rental
  • Geo Address Line: 702 S Cherry Ave
  • Geo Primary City: Marshfield
  • Geo Quality: 0.95
  • Geo Secondary City: Wood Co.
  • Geo Zoom Level: 16

Rental Info

  • Annual Rent: 18300

Tax Info

  • Tax Amount: 1290
  • Assessor Parcel Number: 3301696
  • Tax Year: 2016

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Hub City Properties Llc
Bought by
Lake Country Living Llc
Current Estimated Value
$273,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$367,920
Interest Rate
2.96%
Mortgage Type
Commercial
Estimated Equity
-$87,525

Purchase Details

Listed on
Apr 12, 2017
Closed on
Jul 14, 2017
Sold by
Pue Robert E and Pue Lisa M
Bought by
Hub City Properties Llc
Seller's Agent
RICHARD CHRONQUIST
FIRST WEBER
Buyer's Agent
HELEN PIGUET
COLDWELL BANKER BRENIZER
List Price
$139,000
Sold Price
$135,250
Premium/Discount to List
-$3,750
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$108,800
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2008
Sold by
Butler James F
Bought by
Pue Robert E and Pue Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.96%
Mortgage Type
Unknown
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
Lake Country Living Llc $500,000 Misc Company
Hub City Properties Llc $135,300 Badger Title
Pue Robert E $96,900 None Available
Pue Robert E $96,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Country Living Llc $400,000
Previous Owner Hub City Properties Llc $108,800
Previous Owner Pue Robert E $72,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $135,250 -2.7% --
05/11/2017 05/11/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $139,000 -- --
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 $3,664 $196,600 $34,000 $162,600
2023 $3,232 $196,600 $34,000 $162,600
2022 $2,630 $98,900 $23,100 $75,800
2021 $2,458 $98,900 $23,100 $75,800
2020 $2,410 $98,900 $23,100 $75,800
2019 $2,322 $98,900 $23,100 $75,800
2018 $2,240 $98,900 $23,100 $75,800
2017 $2,224 $98,900 $23,100 $75,800
2016 $2,698 $115,000 $23,100 $91,900
2015 $2,688 $115,000 $23,100 $91,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    RICHARD CHRONQUIST

    FIRST WEBER

  • H

    Buyer's Agent in 2017

    HELEN PIGUET

    COLDWELL BANKER BRENIZER

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 1702082

Central Wisconsin Multiple Listing Service

APN: 3301696

Wisconsin Wood County Marshfield 54449

702 S Cherry Ave, Marshfield, WI

This home is located at 702 S Cherry Ave, Marshfield, WI 54449 since 12 April 2017 and is currently estimated at $273,420. This property was built in 1895. 702 S Cherry Ave is a home located in Wood County with nearby schools including Marshfield High School, Immanuel Lutheran School, and Marshfield Childrens House.

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