NOT LISTED FOR SALE

702 S Cherry Ave Marshfield, WI 54449

Estimated Value: $194,000 - $512,881

4 Beds
3 Baths
-- Sq Ft
0.3 Acres

Last Sold July 14, 2017

Last sale price $135,250

Est. 115% increase in value since last sale

Current estimated payment $1,846/month

29 Days on Market

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
Total Days on Market
29
Current Estimated Value
$290,220

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
9.64%
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

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Range of Values:

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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
Closed Lake Country Living Llc $100,000
Previous Owner Hub City Properties Llc $108,800
Previous Owner Pue Robert E $92,282
Previous Owner Pue Robert E $88,000
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

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 1702082

Central Wisconsin Multiple Listing Service

APN: 3301696