NOT LISTED FOR SALE

Estimated Value: $394,507

16 Beds
8 Baths
-- Sq Ft
0.47 Acre Lot

Sale Details

Date Sold: November 25, 2014

Last sale price $175,000

Est. 125% increase in value since last sale

Current estimated payment $2,741 / mo

355 Days on Market

Highlights

  • Brick or Stone Mason
  • Hot Water Heating System
  • Laundry Facilities

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

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

REMAX EXCEL

Last Buyer's Agent

PATRICIA VANDERGEEST

YOUR CHOICE REALTY.net License #24504-94

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

0.47 Acres

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2013
Closed on
Nov 26, 2014
Sold by
Bought by
Seller's Agent
Jay Schmidt
REMAX EXCEL
Buyer's Agent
PATRICIA VANDERGEEST
YOUR CHOICE REALTY.net
List Price
$220,000
Sold Price
$175,000
Premium/Discount to List
-$45,000
-20.45%
Current Estimated Value
$394,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,507
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
May 19, 2014
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Merrill, WI

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$175,000 --
$220,500 --
$250,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,929 $332,300 $25,600 $306,700
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
2015 $6,552 $218,300 $40,000 $178,300
2014 $6,552 $218,300 $40,000 $178,300
2013 $6,552 $232,100 $40,000 $192,100
2011 $6,552 $232,100 $40,000 $192,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 1307152

Central Wisconsin Multiple Listing Service

APN: 251-3106-123-0395

Your Personal Tour Guide

Ask me questions while you tour the home.