NOT LISTED FOR SALE

724 Ridgeland Ave Unit 726 Schofield, WI 54476

Estimated Value: $181,000 - $440,000

24 Beds
8 Baths
-- Sq Ft
17,555 Sq Ft Lot

Last Sold May 01, 2014

Last sale price $287,500

Est. 17% increase in value since last sale

Current estimated payment $2,305/month

155 Days on Market

Highlights

  • Deck
  • D.C. Everest Junior High School Rated 9+
  • Forced Air Heating System

About This Home

As of May 2014

Rare find in this market. Nice, BANK OWNED, 8 unit. The property consists of 4, 2 unit buildings. Each unit has 3 large bedrooms and 1 bath and a 1 car ATTACHED garage. The buildings are located on a private cul-du-sac in a quiet Schofield neighborhood.

Last Agent to Sell the Property

James Jaworski

CENTRAL WI REAL ESTATE License #55709-90 Listed on: 10/28/2013

Last Buyer's Agent

James Jaworski

CENTRAL WI REAL ESTATE License #55709-90 Listed on: 10/28/2013

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.4

Home Design

  • Bi-Level Home
  • Shingle Roof
  • Vinyl Construction Material

Parking

  • 1 Car Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • Washer and Dryer Hookup
  • Deck
  • Basement

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 28128071241190

Property Details

Home Type

Multi-Family

Lot Details

0.4 Acres

Listing Details

  • Additional Remarks: Currently 3 of the 8 units are rented. This property is priced to sell. Call listing agent for showing details.
  • Class: Multi-Family
  • Municipality: Schofield, City of
  • Style: Bi-Level
  • Type: Eightplex
  • Construction: Vinyl
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Interior: Garage Door Opener

Exterior Features

  • Roof: Shingle
  • Patio Deck: Deck

Garage/Parking

  • Garage Capacity: 1

Utilities

  • Fuel Type: Electric, Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Septic Type: public
  • Water: Separate Meter
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Hook-up in All
  • Separate Electricity: Y
  • Separate Heat: Y

Schools

  • Wausau Area School Dist: D C Everest

Lot Info

  • Lot Size: .80
  • Zoning: Multi-Family
  • Present Use: Rental
  • Geo Address Line: 724 Ridgeland Ave
  • Geo Primary City: Schofield
  • Geo Quality: 0.95
  • Geo Secondary City: Marathon Co.

Rental Info

  • Annual Rent: 62400

Tax Info

  • Tax Amount: 9852
  • Assessor Parcel Number: 28128071241190
  • Tax Year: 2012

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2025
Sold by
Ridgeland Ave Llc
Bought by
Schofield Ridgeland Legacy Llc
Current Estimated Value
$335,960

Purchase Details

Closed on
Jun 12, 2025

Purchase Details

Closed on
Jun 25, 2020
Sold by
Jj Premier Llc
Bought by
Merchant Property Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 28, 2013
Closed on
May 1, 2014
Sold by
Integrity First Bank
Bought by
Jj Premier Llc
Seller's Agent
James Jaworski
CENTRAL WI REAL ESTATE
Buyer's Agent
James Jaworski
CENTRAL WI REAL ESTATE
List Price
$359,000
Sold Price
$287,500
Premium/Discount to List
-$71,500
-19.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%
Original Mortgage
$215,625
Interest Rate
4.33%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 24, 2013
Sold by
Sulzer Michael R
Bought by
Integrity First Bank

Purchase Details

Closed on
Jun 1, 2012
Sold by
Krenz Estates Llc
Bought by
Sulzer Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2008
Sold by
Krenz Estates Llc
Bought by
Sulzer Michael R and Sulzer Heather S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
5.87%
Mortgage Type
Unknown
Source: Public Records

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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Purchase History

Date Buyer Sale Price Title Company
Schofield Ridgeland Legacy Llc -- None Listed On Document
Schofield Ridgeland Legacy Llc -- None Listed On Document
-- $850,000 Gowey Abstract & Title
-- $850,000 Gowey Abstract & Title
Merchant Property Investment Llc $550,000 Knight Barry Title
Merchant Property Investment Llc $550,000 Knight Barry Title
Jj Premier Llc $287,500 Ratco
Jj Premier Llc $287,500 Ratco
Integrity First Bank -- None Available
Integrity First Bank -- None Available
Sulzer Michael R $185,000 None Available
Sulzer Michael R $185,000 None Available
Sulzer Michael R $229,000 Clt
Sulzer Michael R $229,000 Clt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merchant Property Investment Llc $440,000
Previous Owner Jj Premier Llc $215,625
Previous Owner Sulzer Michael R $190,000
Previous Owner Sulzer Michael R $229,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2014 05/01/14 Sold $287,500 -19.9% --
04/01/2014 04/01/14 Pending -- -- --
10/28/2013 10/28/13 For Sale $359,000 -- --
Source: Central Wisconsin Multiple Listing Service

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
2025 $6,679 $400,100 $45,300 $354,800
2024 $3,111 $400,100 $45,300 $354,800
2023 $5,218 $254,400 $31,400 $223,000
2022 $5,866 $254,400 $31,400 $223,000
2021 $5,576 $254,400 $31,400 $223,000
2020 $5,097 $201,800 $19,000 $182,800
2019 $5,004 $184,100 $13,900 $170,200
2018 $4,472 $184,100 $13,900 $170,200
2017 $4,134 $184,100 $13,900 $170,200
2016 $4,002 $184,100 $13,900 $170,200
2015 $3,880 $184,100 $13,900 $170,200
2014 $3,082 $130,000 $27,600 $102,400
Source: Public Records

Agents Affiliated with this Home

  • James Jaworski

    Seller's Agent in 2014

    James Jaworski

    CENTRAL WI REAL ESTATE

    (715) 842-3948

    63 Total Sales

    James Jaworski
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 1307205

Central Wisconsin Multiple Listing Service

APN: 281-2807-124-1190

Wisconsin Marathon County Schofield 54403

724 Ridgeland Ave Unit 726, Schofield, WI

Not Listed for Sale

MultiFamily

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