NOT LISTED FOR SALE

1007 12th St Monroe, WI 53566

Estimated Value: $210,000 - $329,000

8 Beds
5 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold July 31, 2019

Last sale price $160,000

Est. 72% increase in value since last sale

Current estimated payment $1,827/month

21 Days on Market

Highlights

  • Attached Garage
  • Forced Air Heating System
  • Wood Siding

About This Home

As of July 2019

Attention Investors! Great cash flow. 5 unit complex fully occupied. Property has 3 units in front house and 2 units in back house. Long term tenants in some units. Close to downtown and schools. Garage & basement space available for two units. 5th unit not shown in details is a 2 bedroom unit and currently rent is $475. This is a must see property!

Last Agent to Sell the Property

Harvey Miller

INACTIVE W/Local ASSOC License #14298-90 Listed on: 05/29/2019

Last Buyer's Agent

Melissa Thompson

First Weber Hedeman Group License #77558-94

First Weber Hedeman Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 10,019

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Parking

  • Attached Garage
  • 4 Open Parking Spaces

Schools

  • Monroe Elementary And Middle School
  • Monroe High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating

Additional Features

  • Oven or Range
  • Partial Basement
  • 10,019 Sq Ft Lot

Community Details

  • 5 Units
  • Net Operating Income $31,200

Listing and Financial Details

  • Assessor Parcel Number 251-1684.0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Municipality: Monroe
  • Status Detail: Sold
  • Mailing City: Monroe
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 houses on 1 lot
  • Items Excluded: Tenants personal belongings
  • Items Included: Stoves and refrigerators
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial

Exterior Features

  • Exterior: Vinyl, Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 1
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Monroe
  • High School: Monroe
  • Middle School: Monroe
  • School District: Monroe

Lot Info

  • Estimated Aces: 0.23
  • Zoning: R2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 31200

Tax Info

  • Net Taxes: 4471
  • Tax Year: 2018
  • Assessor Parcel Number: 251-1684.0000

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 2
  • Number Of3 Bedrooms: 1
  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Jul 31, 2019
Sold by
Sass Frank W
Bought by
Meyer Craig J and Meyer Mandy J
Seller's Agent
Harvey Miller
INACTIVE W/Local ASSOC
Buyer's Agent
Melissa Thompson
First Weber Hedeman Group
List Price
$179,900
Sold Price
$160,000
Premium/Discount to List
-$19,900
-11.06%
Current Estimated Value
$275,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,974
Avg. Annual Appreciation
8.83%
Original Mortgage
$170,000
Outstanding Balance
$149,193
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$126,781

Purchase Details

Closed on
Apr 25, 2005
Sold by
Niederberger William A and Niederberger Judith
Bought by
Sass Frank W and Sass Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.06%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meyer Craig J $160,000 None Available
Sass Frank W $157,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Craig J $170,000
Previous Owner Sass Frank W $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $160,000 -11.1% --
05/29/2019 05/29/19 For Sale $179,900 -- --
Source: South Central Wisconsin Multiple Listing Service

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 $4,620 $266,200 $25,200 $241,000
2023 $5,007 $266,200 $25,200 $241,000
2022 $3,003 $182,400 $13,800 $168,600
2021 $2,706 $182,400 $13,800 $168,600
2020 $1,999 $155,300 $13,800 $141,500
2019 $2,026 $180,200 $13,800 $166,400
2018 $4,471 $180,200 $13,800 $166,400
2017 $2,552 $159,300 $13,800 $145,500
2016 $2,558 $159,300 $13,800 $145,500
2014 $4,248 $159,300 $13,800 $145,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1859142

South Central Wisconsin Multiple Listing Service

APN: 23-251-1684.0000