NOT LISTED FOR SALE

Estimated Value: $180,000 - $227,000

5 Beds
3 Baths
2,930 Sq Ft
$71/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $190,000 $65 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,461/month

23 Days on Market

About This Home

As of October 2023

Amazing investment opportunity close to downtown that includes three units: one 3 bedroom, 1 bath and two 1 bedroom, 1 bath units. The interior of the two smaller units of this triplex are newly renovated; the larger unit has some modern updates, but maintains the beauty and character of the original home. The spaces feature a mixture of hardwood floors, new laminate, and tiled bathrooms and all have new, elongated lavatories. A custom made staircase in the upper unit leads to a beautifully redone 400 sq ft loft on the third story of the building. Two units have been freshly painted and have all new LED lighting and faux wood blinds. The brand new, energy efficient infrared electric wall heating systems will be a huge plus for tenants of the two smaller units. The larger unit has a brand new water heater. Both newly redone decks overlook the Wisconsin River and are accessible to all units. The property sits on approximately .5 acres and boasts two separate one stall garages and three parking areas. Rent roll sits at $2,355/month, currently; Per seller the largest unit is rented at

Last Agent to Sell the Property

SCOTT STANKOWSKI

EXIT REALTY CW License #93838-94 Listed on: 08/01/2023

EXIT REALTY CW

Co-Listed By

Brandon Taylor

EXIT REALTY CW License #58398-90

Last Buyer's Agent

ZACHARY BROCKEN

HOMEPOINT REAL ESTATE LLC License #90179-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,592

Year Built

  • Built in 1884

Lot Details

  • Lot Dimensions are 107x149

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,930 Sq Ft Home
  • 2-Story Property
  • Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 34-05673

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,592

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Additional Remarks: well below market value. Most units are on short term leases. Tenants pay all utilities and lawn care and snow removal is the responsibility of the tenant in 940. Laundry hook ups are available in the basement. This is one of multiple units in a portfolio.
  • Class: Multi-Family
  • Lvt Date: 08/03/2023
  • Municipality: Wisconsin Rapids, City of
  • Style: 2 Story
  • Type: Triplex
  • Year Built: 1884
  • Geo Subdivision: WI
  • Below Grade Sq Ft: 1690
  • Finished Above Grade Sq Ft: 2930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Sewer Water: Pb Sewer/Pb Water
  • Separate Electricity: Y
  • Separate Heat: Y

Lot Info

  • Lot Size: 107x149
  • Geo Address Line: 940 1st St N
  • Geo Primary City: Wisconsin Rapids
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Assessor Parcel Number: 34-05673

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2022
Sold by
Peterson Christopher S and Peterson Krisann N
Bought by
Red Dahlias Llc A Limited Liability Com
Total Days on Market
23
Current Estimated Value
$207,000

Purchase Details

Closed on
Feb 1, 2005
Sold by
Rybicki Joseph R and Rybicki Barbara A
Bought by
Peterson Christopher S and Peterson Krisann N
Source: Public Records

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    GINGER KOSMOSKI COLDWELL BANKER- SIEWERT REALTORS

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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
Red Dahlias Llc A Limited Liability Com $83,000 Attorney Richard E Bender
Peterson Christopher S $46,200 None Available
Peterson Christopher S $46,200 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $190,000 -5.0% $65 / Sq Ft
08/01/2023 08/01/23 For Sale $199,900 -- $68 / Sq Ft
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 $3,592 $180,500 $14,900 $165,600
2023 $2,618 $93,300 $14,900 $78,400
2022 $1,920 $69,200 $14,900 $54,300
2021 $1,872 $69,200 $14,900 $54,300
2020 $1,797 $69,200 $14,900 $54,300
2019 $1,785 $69,200 $14,900 $54,300
2018 $1,756 $69,200 $14,900 $54,300
2017 $1,506 $58,500 $12,900 $45,600
2016 $1,493 $58,500 $12,900 $45,600
2015 $1,499 $58,500 $12,900 $45,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22233347

Central Wisconsin Multiple Listing Service

APN: 3405673