NOT LISTED FOR SALE

720 Main St Unit 1-8 Black River Falls, WI 54615

Estimated Value: $422,133

-- Bed
-- Bath
3,864 Sq Ft
1969 Built

Last Sold February 29, 2024

Last sale price $375,000 $97 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,687/month

13 Days on Market

About This Home

As of February 2024

Is it time to add to your rental portfolio and start a rental portfolio? Highly sought after income producing 8 plex, located on Main St in Blk Rvr Falls. Each unit has 1 bed, 1 bath, kitchen and living. Shared laundry area with coin operated washer & dryer. Shared storage with each unit having their own 4'x4' storage bin. Roof was redone approximately 6-7 years ago, all eight furnaces were replaced 8 years ago. Each unit has it's own a/c unit. Water & sewer is included in rent, each unit pays for their own electric & nat gas. Four units are currently in a one year lease, remaining four units are longer term and on month to month.

Last Agent to Sell the Property

Dale Ann Bohac

CB River Valley Realty/BRF Brokerage Phone: 715-284-9055 License #54596-90 Listed on: 01/15/2024

CB River Valley Realty/BRF

Last Buyer's Agent

Other Companies Non-MLS

Other Companies/Non-MLS License #0

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,610

Year Built

  • Built in 1969

Home Design

  • 3,864 Sq Ft Home
  • Poured Concrete
  • Wood Siding

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 206-1485.0000

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,610

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Directions: Main Street (Hwy 54). Located next to Falls Florist.
  • Lot Size: 25 x 155 x
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Year Built: 1969
  • Attribution Contact: 715-284-9055
  • Co List Office Phone: 715-284-9055
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3864.0
  • Living Area: 3864.0
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Has Basement: None
  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Basement YN: No

Exterior Features

  • Foundation Details: Poured
  • Waterfront: No
  • Construction Type: Wood Siding

Utilities

  • Cooling: Other, See Remarks
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Sewer: Public Sewer
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Black River Falls

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 206-1485.0000
  • Zoning Description: Commercial

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4609.63

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Feb 29, 2024
Sold by
Comstock Housing Llc
Bought by
Principal Apartments Llc
Seller's Agent
Dale Ann Bohac
CB River Valley Realty/BRF
Buyer's Agent
Other Companies Non-MLS
Other Companies/Non-MLS
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$422,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,133
Avg. Annual Appreciation
7.44%
Original Mortgage
$295,000
Outstanding Balance
$290,066
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$132,067

Purchase Details

Closed on
May 1, 2007
Sold by
Comstock Kevin R and Comstock Corinne I
Bought by
Comstock Housing Llc
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
Principal Apartments Llc $375,000 None Listed On Document
Comstock Housing Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Principal Apartments Llc $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $375,000 0.0% $97 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $375,000 -- $97 / 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 $5,677 $321,600 $28,700 $292,900
2023 $4,610 $170,500 $17,000 $153,500
2022 $5,030 $170,500 $17,000 $153,500
2021 $4,457 $170,500 $17,000 $153,500
2020 $6,339 $170,500 $17,000 $153,500
2019 $4,421 $170,500 $17,000 $153,500
2018 $4,275 $170,500 $17,000 $153,500
2017 $4,510 $170,500 $17,000 $153,500
2016 $4,151 $170,500 $17,000 $153,500
2015 $4,413 $170,500 $17,000 $153,500
2013 $4,157 $170,500 $17,000 $153,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1579098

Northwestern Wisconsin Multiple Listing Service

APN: 206-1485.0000