NOT LISTED FOR SALE

714 E 2nd St Merrill, WI 54452

Estimated Value: $382,906

16 Beds
8 Baths
-- Sq Ft
0.47 Acres

Last Sold November 25, 2014

Last sale price $175,000

Est. 119% increase in value since last sale

Current estimated payment $2,527/month

355 Days on Market

Highlights

  • Brick or Stone Mason
  • Laundry Facilities
  • 3-minute walk to Streeter Square Park
  • Hot Water Heating System

About This Home

As of November 2014

Merrill, 8 Unit Apartment Building. Cash Flow! Some Units Recently Updated - Only $27,500 per Unit with Over $30,000 Net Income Yearly. Don't Miss This Chance to Make Some Serious Cash!

Last Agent to Sell the Property

Jay Schmidt

RE/MAX EXCEL License #56590-90 Listed on: 10/18/2013

RE/MAX EXCEL

Last Buyer's Agent

PATRICIA VANDERGEEST

YOUR CHOICE REALTY.net License #24504-94

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 60x170

Parking

  • 8 Car Garage

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Composition Shingle

Interior Spaces

  • 2-Story Property
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Hot Water Heating System
  • Public Septic

Community Details

  • 8 Units
  • Laundry Facilities
  • Net Operating Income $33,780

Listing and Financial Details

  • Assessor Parcel Number 34.0116.003.545.0101

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Additional Remarks: This information is compiled from miscellaneous sources and is believed accurate but not warranted. Neither the listing broker nor its agents, subagents or property owner are responsible for the accuracy of the information. Buyers are advised to verify all information.
  • Class: Multi-Family
  • Municipality: Merrill, City of
  • Style: 2 Story
  • Type: Eightplex
  • Construction: Brick, Composition
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Washer, Dryer

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Capacity: 8 or More

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Hot Water
  • Sewer Water: Pb Sewer/Pb Water
  • Septic Type: City
  • Laundry: Available On Site
  • Utilities Heat Included: Y
  • Separate Electricity: Y
  • Utilities Sewer: Y
  • Water: Y

Schools

  • Wausau Area School Dist: Merrill

Lot Info

  • Lot Size: 60x170
  • Geo Address Line: 714 E 2nd St
  • Geo Primary City: Merrill
  • Geo Quality: 0.95
  • Geo Secondary City: Lincoln Co.

Rental Info

  • Annual Rent: 48000

Tax Info

  • Tax Amount: 6447.3
  • Assessor Parcel Number: 34.0116.003.545.0101
  • Tax Year: 2013

Multi Family

  • Number Of Units: 8

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2014 11/25/14 Sold $175,000 -20.5% --
10/08/2014 10/08/14 Pending -- -- --
10/18/2013 10/18/13 For Sale $220,000 -- --
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 $6,319 $332,300 $25,600 $306,700
2023 $5,625 $175,000 $25,600 $149,400
2022 $5,098 $175,000 $25,600 $149,400
2021 $5,410 $175,000 $25,600 $149,400
2020 $5,404 $175,000 $25,600 $149,400
2019 $5,344 $175,000 $25,600 $149,400
2018 $5,278 $175,000 $25,600 $149,400
2017 $4,973 $175,000 $25,600 $149,400
2016 $4,781 $175,000 $25,600 $149,400
Source: Public Records

Agents Affiliated with this Home

  • Jay Schmidt

    Seller's Agent in 2014

    Jay Schmidt

    RE/MAX

    (715) 571-1248

    1 in this area

    90 Total Sales

    Jay Schmidt
    Section Image
  • PATRICIA VANDERGEEST

    Buyer's Agent in 2014

    PATRICIA VANDERGEEST

    YOUR CHOICE REALTY.net

    (715) 351-0066

    34 in this area

    55 Total Sales

    PATRICIA VANDERGEEST
    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 1307152

Central Wisconsin Multiple Listing Service

APN: 251-3106-123-0395

Wisconsin Lincoln County Merrill 54452

714 E 2nd St, Merrill, WI

Not Listed for Sale

MultiFamily

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.

Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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