Check Availability

116 North 3rd Street

116 North 3rd Street, Cornell, WI 54732
Multifamily in Cornell
Sold Jun 29, 2020
$68,000
$68,000 by Northwestern Bank
Mortgage Due Jun 29, 2050
116 North 3rd Street has been categorized by the local assessors in Cornell, WI as a residential type of property. The building on the property was first built in 1900 and is 124 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,040 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 6,998 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 336 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D+ by the local assessor. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of asbestos shingle. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 116 North 3rd Street sold most recently in Jun 26, 2020 for a total of $68,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,452 in taxes each year. 116 North 3rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $107,600. If we break it down further, the land itself was valued at $8,000. Improvements to the property, however, were assessed at a total of $99,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D+
  • Exterior Walls Type: Asbestos shingle
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,040
  • Garage Type: Detached
  • Garage Square Area: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,998
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORIGINAL PLAT OF CORNELL LOT 17 BLK 8 ALSO A PERPETUAL EASEMENT AS IN V580 P676 OVER THE S 1.5' OF THE E 1/2 OF LOT 16

Ownership

  • Current Owner : OUR HOME TOWN PROP LLC
  • Previous Owner : MEYER WAYNE H
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cornell School District
  • School Tax School District: 0100
  • Census Tract: 011001

Zoning

  • Zoning: RESIDENTIA

Geography

  • Assessors Map Reference: MB 6170
  • Account Number: 213 0219
  • District: 213
  • Parcel: 23106-1732-6149-0817
  • Block: 8
  • Lot: 17
  • Meridian: SEC 17 TWN 31N RNG 06W
  • Municipality: CITY OF CORNELL
  • Latitude: 45.1681
  • Longitude: -91.1495

    Address

  • Full Address: 116 N 3rd St
  • Address - House Number: 116
  • Street Direction: N
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: WI
  • City Name: Cornell
  • Carrier Code: R777
  • 4-Digit Zip Code: 8056
  • Zip Code: 54732

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,452
  • Tax Rate Code Area: 1204

    Appraisal Valuation

  • Standard Deviation: 0.2286
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 68
  • Final Value: 133,728
  • High Value: 164,386
  • Low Value: 103,069

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $68,000
  • First Open Lien Mortgage Lender: NORTHWESTERN BANK
  • First Open Lien Mortgage Recording Date: Jun 29, 2020
  • First Open Lien Mortgage Loan Amount: $68,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 29, 2050

    Market Valuation

  • Market Total Value: $116,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,600
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $99,600

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Transaction ID: 11773763172
  • Current Sale Price: $68,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 903031

    Last Sale Mortgage

  • First Mortgage Lender: NORTHWESTERN BANK
  • First Mortgage Transaction Date: Jun 29, 2020
  • First Mortgage Loan Amount: $68,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Cornell



Similar Buildings

Multifamily at 116 North 3rd Street,

106 Main Street

  • 1 Unit for Sale
106 Main Street, Cornell, WI 54732
Multifamily at 116 North 3rd Street,

116 South 2nd Street

  • 1 Unit for Sale
116 South 2nd Street, Cornell, WI 54732
Multifamily at 116 North 3rd Street,

308 South 3rd Street

  • 1 Unit for Sale
308 South 3rd Street, Cornell, WI 54732
Multifamily at 116 North 3rd Street,

501 Bridge Street

  • 1 Unit for Sale
501 Bridge Street, Cornell, WI 54732
Multifamily at 116 North 3rd Street,

112 North 8th Street

  • 1 Unit for Sale
112 North 8th Street, Cornell, WI 54732
Multifamily at 116 North 3rd Street,

334 North 7th Street

  • 1 Unit for Sale
334 North 7th Street, Cornell, WI 54732

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 116 North 3rd Street located in?
The 116 North 3rd Street is a multifamily located in the neighborhood of Cornell in Cornell, Cornell.
What is the average sales price for listings in 116 North 3rd Street?
The average sales price for units in 116 North 3rd Street is $0 currently.

Nearby Counties
Quantcast