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Wausau 32463
1856 3RD Avenue
Photo of 1856 3RD Avenue
Sold on Oct 29, 2018

1

Map

$7,000
● Land - Off Market

1856 3RD Avenue

Wausau, FL 32463
bedrooms
Studio
bathrooms
0 Bath
$12,875
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

BRING ALL WRITTEN OFFERS!!!  This property is located at the Northeast corner of Highway 77 and Third Avenue.  Property is zoned residential.
Unit Size
-
Days on Market
62 days
Land Size
0.36 acres
Price per sqft
-
Property Type
Land
Property Taxes
$66
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 26 days ago ( #675808)

Price History

Date / Event Date Event Price
Nov 5, 2018 Sold
Premium
Sold
Aug 28, 2018 Listed by Coastal Real Estate Group, Inc $8,500
Listed by Coastal Real Estate Group, Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 33
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,422
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 1,360
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAUSAU
  • Land Acres: 0000000377
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 0100
  • Mobile Home Indicator: T
  • Legal Description 1: 25 3 14 ORB 1130 P 354 LOTS 7 ,8, 9 & 10, BLK 41, A PORTION OF ALLEYS & RDS AS DESC IN ORB 586 P 576, ORB 83 P 67, LESS ORB 1113 P 597 FOR ST R/W. (ELE ORB 1174 P 491)

Neighborhood

  • School District Name: Washington County School District
  • Census Tract: 970303

Geography

  • Parcel: 00000000-00-3652-0000
  • Block: 41
  • Lot: 7-9
  • Meridian: SEC 25 TWN 03S RNG 14W
  • Municipality: WAUSAU
  • Latitude: 30.6297
  • Longitude: -85.5899

    Address

  • Full Address: 1856 Third Ave
  • Address - House Number: 1856
  • Address - Street Name: Third
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Wausau
  • Zip Code: 32463

Valuation

    Tax

  • Total Area: 1,356
  • Tax Year: 2022
  • Tax Amount: $39,981
  • Tax Rate Code Area: 0005

    Appraisal Valuation

  • Standard Deviation: 0.4381
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 12
  • Final Value: 42,853
  • High Value: 61,630
  • Low Value: 24,075

    Market Valuation

  • Market Total Value: $35,979
  • Market Land Value: $4,760
  • Market Improvement Value: $31,219

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,979
  • Assessed Land Value: $4,760
  • Assessed Improvements Value: $31,219

    Sales

  • Current Sale Contract Date: Oct 29, 2018
  • Current Sale Recording Date: Nov 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201867007370
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wausau

Stats & Trends

Median Asking:

$157,499

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

142

Average Home Size

0 ft²

Average Home Age

54.5 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Frequently Asked Questions

When was property at 1856 3rd Avenue built and last sold?
The property at 1856 3rd Avenue was built in 1988 and last sold on Oct 29, 2018 for $7,000.
How much is this home worth?
The estimated value of the home located at 1856 3rd Avenue is $8,585.
What are some comparable homes to 1856 3rd Avenue?
There are currently no comparable homes to 1856 3rd Avenue.
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