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The value of all properties in Wisconsin Rapids went from over $900 million in 2018 to over $1.4 billion in the new assessment, the city assessor said.
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The first homeowner occupancy occurred in November 2008. [2] Nearly 140 of the initial 207 units (condos/penthouses) were under contract pre-construction, but 56 would-be condo buyers backed out of their contract following personal financial hardship and were sued by the developer. [3]
Some condominium complexes consist of single-family dwellings. There are also "detached condominiums" where homeowners do not maintain the exteriors of the dwellings or yards, and "site condominiums", where the owner has more control and possibly ownership (as in a "whole lot" or "lot line" condominium) over the exterior appearance.
Wisconsin Rapids is a city in and the county seat of Wood County, Wisconsin, United States, along the Wisconsin River. [6] The population was 18,877 at the 2020 census. [4] It is a principal city of the Marshfield–Wisconsin Rapids micropolitan statistical area, which includes all of Wood County and had a population of 74,207 in 2020.
Grand Rapids takes its name from a series of rapids on the Wisconsin River. [3] The west and north part of what is now Grand Rapids, within three miles of the Wisconsin River, was in the "Indian strip," sold by the Menominee to the United States government in the 1836 Treaty of the Cedars. As such, it was logged and surveyed early. [4]
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