Wonderful opportunity to own a corner lot in downtown New Richmond. Great visibility to traffic on main road. Home is currently being used as a commercial space on main floor and upper level is a 1 bedroom, 1 bathroom apartment. Huge gravel parking lot in back. Does need TLC but there is a ton of opportunity to own an income property in great location.
Closed
$170,000
505 S Knowles Ave, New Richmond, WI 54017
1beds
1,597sqft
Single Family Residence
Built in 1901
10,193 Square Feet Lot
$215,400 Zestimate®
$106/sqft
$1,462 Estimated rent
Home value
$215,400
$185,000 - $241,000
$1,462/mo
Zestimate® history
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$1,159/mo
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List your homeWhat's special
Huge gravel parking lot
Zillow last checked:
Listing updated:
Listed by:
Rachel Edson 608-516-2299,
eXp Realty
Bought with:
WESTconsin Realty LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6381196
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Foyer
- Level: Lower
- Area: 42 Square Feet
- Dimensions: 7x6
Kitchen
- Level: Upper
- Area: 84 Square Feet
- Dimensions: 7x12
Living room
- Level: Upper
- Area: 98 Square Feet
- Dimensions: 7x14
Office
- Level: Main
- Area: 555 Square Feet
- Dimensions: 37x15
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Range, Refrigerator
Features
- Basement: Crawl Space,Partial,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,597
- Total interior livable area: 1,597 sqft
- Finished area above ground: 1,597
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 10,193 Square Feet
- Dimensions: 159 x 65 x 159 x 65
- Features: Corner Lot
Details
- Foundation area: 650
- Parcel number: 261110010000
- Zoning description: Business/Commercial
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Russell Add
HOA
- Has HOA: No
Location
- Region: New Richmond
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $180,000
- Annual tax amount: $3,080
- Date on market: 6/5/2023
- Cumulative days on market: 21 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2023 | Sold | $170,000-8.1%$106/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6381196 Report a problem | ||
| 6/26/2023 | Pending sale | $184,900$116/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6381196 Report a problem | ||
| 6/5/2023 | Listed for sale | $184,900$116/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6381196 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,886 +1.9% | $176,000 +3.5% |
| 2024 | $2,830 -15.7% | $170,000 -17.4% |
| 2023 | $3,358 +9% | $205,900 +8.4% |
| 2022 | $3,080 +3.2% | $189,900 |
| 2021 | $2,984 +1.4% | $189,900 +53.6% |
| 2020 | $2,943 -11.5% | $123,600 |
| 2019 | $3,327 +4.6% | $123,600 |
| 2018 | $3,182 +11.5% | $123,600 |
| 2017 | $2,853 +3.7% | $123,600 |
| 2016 | $2,751 -1.3% | $123,600 |
| 2015 | $2,786 +2.3% | $123,600 |
| 2014 | $2,724 +2.1% | $123,600 |
| 2013 | $2,669 -3.8% | $123,600 |
| 2012 | $2,774 -3.7% | $123,600 -2.8% |
| 2011 | $2,880 -12.6% | $127,200 -11.9% |
| 2010 | $3,297 +28.8% | $144,400 +16.5% |
| 2009 | $2,560 +10.3% | $123,900 +14.9% |
| 2008 | $2,321 -1.5% | $107,800 |
| 2007 | $2,356 +8.5% | $107,800 |
| 2006 | $2,171 +0.8% | $107,800 |
| 2005 | $2,153 | $107,800 |
| 2004 | -- | $107,800 |
| 2002 | -- | $107,800 +47.5% |
| 2001 | -- | $73,100 |
| 2000 | -- | $73,100 |
Find assessor info on the county website
Neighborhood: 54017
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Nearby schools
GreatSchools rating
- 4/10New Richmond Hillside Elementary SchoolGrades: K-5Distance: 1.3 mi
- 9/10New Richmond Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10New Richmond High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$215,400
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Estimated market value
$215,400
- Wisconsin
- Saint Croix County
- New Richmond
- 54017
- 505 S Knowles Ave
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