NOT LISTED FOR SALE

N8190 975th St River Falls, WI 54022

Estimated Value: $499,785 - $544,000

6 Beds
2 Baths
2,652 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $485,000 $183 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,250/month

137 Days on Market

Highlights

  • 1 Car Attached Garage
  • 1-Story Property
  • Baseboard Heating
  • Rocky Branch Elementary School Rated A-

About This Home

As of March 2024

Don't miss out on this great opportunity for owner occupancy with this great property! This side by side duplex features 3 beds, 1 bath, den, 1 car garage, additional parking on driveway, 2 living spaces, nearly 1400 sqft per side, steel siding, new roof in Spring of 2022 - all this sitting on 1 acre, and within close proximity to UWRF, schools, parks, and quick access to hwy 35! Set up your showing today!

Last Agent to Sell the Property

Sarah Jenkins

Property Executives Realty Brokerage Phone: 612-703-3944 Listed on: 10/20/2023

Property Executives Realty

Last Buyer's Agent

Susan Lindstrom

Edina Realty, Inc.

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,112

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 148 x 296

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Finished Basement

  • Sump Pump
  • Basement Window Egress

Utilities

  • Baseboard Heating
  • Well

Community Details

  • 2 Units
  • South Rdg Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for grounds care, snow removal
  • Assessor Parcel Number 022011770700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,112

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 1484
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Attribution Contact: 612-703-3944
  • Attribution Contact: 612-703-3944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Egress Window(s), Finished, Sump Pump
  • Living Area: 2652
  • Below Grade Finished Sq Ft: 1168
  • Owner Pays: Grounds Care, Snow Removal
  • Basement YN: Yes
  • Appliances: Dishwasher,Dryer,Microwave,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 8
  • Total Rooms: 8
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age 8 Years or Less

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 460

Utilities

  • Heating: Baseboard
  • Sewer: Private Sewer
  • Fuel: Electric
  • Number of Ranges: Two

Schools

  • Junior High Dist: River Falls
  • SchoolDistrictNumber: 4893
  • SchoolDistrictPhone: 715-425-1800

Lot Info

  • Lot Size: 148 x 296
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding
  • Units Total: 2

Rental Info

  • Expenses: 3600.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 022011770700
  • Tax Annual Amount: 4112
  • TaxWithAssessments: 4112.0000

Multi Family

  • TenantPays: All Utilities
  • Resident Manager Expense: 3600
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Mar 7, 2024
Sold by
Wilson Properties Group Llc A Wisconsi
Bought by
Arbol Holdings Llc A Minnesota Limited
Seller's Agent
Sarah Jenkins
Property Executives Realty
Buyer's Agent
Susan Lindstrom
Edina Realty, Inc.
List Price
$519,900
Sold Price
$485,000
Premium/Discount to List
-$34,900
-6.71%
Views
130
Current Estimated Value
$520,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,262
Avg. Annual Appreciation
4.82%

Purchase Details

Closed on
Oct 31, 2019
Sold by
Borchardt Neal A
Bought by
Wilson Properties Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2007
Sold by
Larson Rick L and Larson Jean M
Bought by
Borchardt Neal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.22%
Mortgage Type
New Conventional
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
Arbol Holdings Llc A Minnesota Limited $485,000 Jill Buck
Wilson Properties Group Llc $294,000 Burnet Title
Borchardt Neal A $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Properties Group Llc $1,527,000
Previous Owner Wilson Properties Group Llc $495,500
Previous Owner Borchardt Neal A $183,800
Previous Owner Borchardt Neal A $191,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $485,000 -6.7% $183 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
10/20/2023 10/20/23 For Sale $519,900 -- $196 / Sq Ft
Source: NorthstarMLS

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 $5,048 $305,100 $60,000 $245,100
2023 $4,588 $305,100 $60,000 $245,100
2022 $4,112 $305,100 $60,000 $245,100
2021 $3,857 $196,500 $40,000 $156,500
2020 $3,871 $196,500 $40,000 $156,500
2019 $3,851 $196,500 $40,000 $156,500
2018 $3,736 $196,500 $40,000 $156,500
2017 $3,537 $196,500 $40,000 $156,500
2016 $3,540 $196,500 $40,000 $156,500
2015 $3,544 $196,500 $40,000 $156,500
2014 $2,738 $175,000 $45,000 $130,000
2013 $2,861 $175,000 $45,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6450340

NorthstarMLS

APN: 022-01177-0700