NOT LISTED FOR SALE

715 Johnson Olson St Unit 8 Colfax, WI 54730

Estimated Value: $433,581

-- Bed
-- Bath
6,144 Sq Ft
$71/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $262,000 $43 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,899/month

68 Days on Market

About This Home

As of May 2018

Nice 8-plex in Colfax is well cared for-4 units up and 4 units down. Good rental history. All the apartments are 2 BRs, 1 BA-about 750 sf each unit and include off street parking. Included in the sale is the stove and refrigerator in each unit, plus the 2 coined washers and 1 coined dryer downstairs. The gross rents = $3,175.00/month. Tenants pay heat and electric. All units are rented. Currently there is a caretaker on site who takes care of renting apts, mowing & shoveling.

Last Listed By

Gayle Krecklow

Reliable Real Estate LLC License #48938-90 Listed on: 01/28/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,222

Year Built

  • Built in 1975

Lot Details

  • 0.37

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Hardboard

Interior Spaces

  • 6,144 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 8 Units

Listing and Financial Details

  • Exclusions: Sellers Personal,Tenants Personal
  • Assessor Parcel Number 111103310000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,222

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Directions: Main St, Colfax to East on University to North on Johnson Olson. Building is at the end of the street on the left side.
  • Lot Size: 140 x 120 x
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Year Built: 1975
  • Co List Office Phone: 715-797-0211
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 6144.0
  • Architectural Style: Multiplex
  • Reso Fireplace Features: None
  • Living Area: 6144.0
  • General Property Information Below Grade Unfinished Area: 3072.0
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Appliances: Dryer, Gas Water Heater, Other, Oven, Range, Refrigerator, See Remarks, Washer
  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Foundation Details: Poured
  • Waterfront: No
  • Exclusions: Sellers Personal,Tenants Personal
  • Construction Type: Brick, Hardboard

Garage/Parking

  • Parking Features: Asphalt, Driveway

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Colfax

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 111103310000
  • Zoning Description: Residential-Multifamily
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6221.55

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2018
Closed on
May 4, 2018
Sold by
Chippewa Valley Apartments Llc
Bought by
Fairhaven Properties Llc
Seller's Agent
Gayle Krecklow
Reliable Real Estate LLC
Buyer's Agent
Candice Cossio
Riverbend Realty Group, LLC
List Price
$325,000
Sold Price
$262,000
Premium/Discount to List
-$63,000
-19.38%
Total Days on Market
68
Current Estimated Value
$433,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,581

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
Fairhaven Properties Llc $262,000 Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2018 05/07/18 Sold $262,000 -19.4% $43 / Sq Ft
04/07/2018 04/07/18 Pending -- -- --
01/28/2018 01/28/18 For Sale $325,000 -- $53 / Sq Ft
Source: Northwestern 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 $5,945 $266,200 $20,000 $246,200
2023 $5,474 $266,200 $20,000 $246,200
2022 $5,286 $266,200 $20,000 $246,200
2021 $5,683 $266,200 $20,000 $246,200
2020 $6,403 $240,000 $20,000 $220,000
2019 $6,313 $240,000 $20,000 $220,000
2018 $6,206 $240,000 $20,000 $220,000
2017 $6,222 $240,000 $20,000 $220,000
2016 $5,864 $240,000 $20,000 $220,000
2015 $5,951 $240,000 $20,000 $220,000
2014 $5,885 $240,000 $20,000 $220,000
2013 $6,136 $240,000 $20,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1515284

Northwestern Wisconsin Multiple Listing Service

APN: 1711122911094300019