NOT LISTED FOR SALE

E6270 866th Ave Unit 1-12 Colfax, WI 54730

Tainter Lake Area

Estimated Value: $853,336

Studio
-- Baths
8,400 Sq Ft
1.06 Acre Lot

Sale Details

Date Sold: October 13, 2023

Last sale price $785,000 $93 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,438 / mo

90 Days on Market

Highlights

  • Lake Front
  • 1 Fireplace
  • Open Patio
  • Deck
  • Porch
  • Shed

About This Home

As of October 2023

12-unit apartment complex on Tainter Lake! Gorgeous lake views and cool character with large porch/patio lakeside, large parking lot and coin laundry onsite. Two efficiency units, nine one-bedroom units and one two-bedroom unit. Nice investment property at above market cap rate of 8.03%, with further upside available in rents.

Last Agent to Sell the Property

Bryan Raven

Chippewa Valley Real Estate, LLC Brokerage Phone: 715-832-2222 License #50853-90 Listed on: 06/15/2023

Last Buyer's Agent

Bryan Raven

Chippewa Valley Real Estate, LLC Brokerage Phone: 715-832-2222 License #50853-90 Listed on: 06/15/2023

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,954

Year Built

  • Built in 1940

Lot Details

  • Lake Front

Parking

  • Driveway

Home Design

  • Block Foundation
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Outdoor Features

  • Deck
  • Open Patio
  • Shed
  • Porch

Utilities

  • Cooling Available
  • Baseboard Heating
  • Drilled Well
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Tenants Personal
  • Assessor Parcel Number 1703822912160070069

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,954

Year Built

Built in 1940

Lot Details

1.06 Acres

Listing Details

  • Directions: I-94 West, North on Hwy 25 to East on Hwy D past Jake
  • Lot Size: 1 x 1 x
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Year Built: 1940
  • Lot Size Acres: 1.06
  • Water Body Name: Tainter
  • Attribution Contact: 715-832-2222
  • Co List Office Phone: 715-832-2222
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 5300.0
  • Reso Fireplace Features: One
  • Living Area: 8400.0
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Basement YN: Yes
  • Below Grade Sq Ft: 3100.0
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Foundation Details: Block
  • Waterfront: Yes
  • Waterfront Features: Lake
  • Exclusions: Tenants Personal
  • Construction Type: Log, Wood Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Open, Porch

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Drilled Well

Schools

  • Junior High Dist: Colfax

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 1703822912160070069
  • Zoning Description: Shoreline
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7954.0

Multi Family

  • Number Of Units Total: 3

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
Jun 15, 2023
Closed on
Oct 13, 2023
Sold by
Arete Investments Llc
Bought by
Seller's Agent
Bryan Raven
Chippewa Valley Real Estate, LLC
Buyer's Agent
Bryan Raven
Chippewa Valley Real Estate, LLC
List Price
$815,000
Sold Price
$785,000
Premium/Discount to List
-$30,000
-3.68%
Current Estimated Value
$853,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,336
Avg. Annual Appreciation
2.94%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Colfax, WI

  • Jennifer Kuehl Real Estate Agent - Biltmore Realty, LLC

    Jennifer Kuehl

    Biltmore Realty, LLC

    (534) 544-4868

    114 Total Sales

    1 in Tainter Lake

    $298,000 Price

    Jennifer Kuehl
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  • Alena Behr Real Estate Agent - Keller Williams Rlty Integrity*

    Alena Behr

    Keller Williams Rlty Integrity*

    (651) 877-6246

    86 Total Sales

    1 in Tainter Lake

    $311,000 Price

    Alena Behr
     Section Image
  • Grant Makela Real Estate Agent - Chippewa Valley Real Estate, LLC

    Grant Makela

    Chippewa Valley Real Estate, LLC

    (715) 598-2227

    73 Total Sales

    1 in Tainter Lake

    $328,000 Price

    Grant Makela
     Section Image
  • Renee Gresenz Real Estate Agent - Epique Realty

    Renee Gresenz

    Epique Realty

    (262) 300-8177

    31 Total Sales

    2 in Tainter Lake

    $305,000 Price Range

    Renee Gresenz
     Section Image
  • Dana Yoder Real Estate Agent - Edina Realty, Inc.

    Dana Yoder

    Edina Realty, Inc.

    (534) 444-8554

    235 Total Sales

    2 in Tainter Lake

    $15K - $290K Price Range

    Dana Yoder
     Section Image
  • Chris Powell Real Estate Agent - Edina Realty, Inc. - Chippewa Valley

    Chris Powell

    Edina Realty, Inc. - Chippewa Valley

    (534) 444-8945

    69 Total Sales

    2 in Tainter Lake

    $295,000 Price Range

    Chris Powell
     Section Image
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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
$785,000 Attorney Adam B. Rasmussen
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 Prior Sale
10/13/2023 10/13/23 Sold $785,000 -3.7% $93 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $815,000 +33.4% $97 / Sq Ft
01/15/2021 01/15/21 Sold $611,000 -3.0% $73 / Sq Ft View Prior Sale
12/16/2020 12/16/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $629,900 -- $75 / Sq Ft
Source: Northwestern 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 $9,019 $749,100 $220,000 $529,100
2024 $9,189 $516,000 $160,000 $356,000
2023 $8,567 $516,000 $160,000 $356,000
2022 $7,955 $516,000 $160,000 $356,000
2021 $8,612 $516,000 $160,000 $356,000
Source: Public Records

Agents Affiliated with this Home

  • Bryan Raven Real Estate Agent - Chippewa Valley Real Estate, LLC

    Seller's Agent in 2023

    Bryan Raven

    Chippewa Valley Real Estate, LLC

    (715) 620-1600

    423 Total Sales

    Bryan Raven
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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1577812

Northwestern Wisconsin Multiple Listing Service

APN: 1703822912160070069

Wisconsin Dunn County Colfax 54730

E6270 866th Ave Unit 1-12, Colfax, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwestern Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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