NOT LISTED FOR SALE

1049 High St Lake Mills, WI 53551

Estimated Value: $426,000 - $459,000

0.28 Acre
$1,581,993 Price per Acre
12,197 Sq Ft Lot

Last Sold June 30, 2015

Last sale price $43,000

Est. 930% increase in value since last sale

Current estimated payment $2,919/month

147 Days on Market

About This Lot

As of June 2015

RARE FIND! Nice lot in a great subdivision priced under $50,000. Priced well below assessed value. Bring your own builder and your plans to build your future in this desirable area of newer homes. No neighbor in backyard, only Faville Park. Convenient location and easy access to I94 for the commuters.

Last Agent to Sell the Property

Kathy Zimmermann

RE/MAX Community Realty License #43973-90 Listed on: 01/23/2015

RE/MAX Community Realty

Last Buyer's Agent

Greg Loos

Loos Custom Homes License #52027-90

Property Details

Property Type

  • Land

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Schools

  • Lake Mills Elementary And Middle School
  • Lake Mills High School

Utilities

  • Underground Utilities
  • Lateral or Tap On-Site
  • Cable TV Available

Community Details

  • Arbor Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246-0714-1821-044

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Municipality: Lake Mills
  • Status Detail: Sold
  • Mailing City: Lake Mills
  • Class: Lots & Acreage
  • Type: Lots & Acreage
  • Type Of Property: City
  • Legal Description: LOT 73, ARBOR CREEK ADD TO EAST MILLS ES
  • Price/SqFeet: 3.53
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road: Paved

Utilities

  • Utilities Avail To Lot: Natural gas, Electricity, Cable, Some underground
  • Waste Disposal: Municipal sewer available, Laterals to Lot Line
  • Water System: Municipal water available, Laterals to lot line

Schools

  • School District: Lake Mills
  • Elementary School: Lake Mills
  • Middle School: Lake Mills
  • High School: Lake Mills
  • Elementary School: Lake Mills
  • High School: Lake Mills
  • Middle School: Lake Mills
  • School District: Lake Mills

Lot Info

  • Lot Dimensions: .276 acre
  • Zoning: Res
  • Lot Number S: 73
  • Number Of Lots: 1
  • Present Zoning: Single family
  • Topography: Level
  • Total Acres: 0.28
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 63800
  • Improvements Type: Curb/gutter, Sidewalk
  • Total Assessment: 63800
  • Assessment year: 2013
  • Net Taxes: 1464
  • Tax Year: 2013
  • Assessor Parcel Number: 246-0714-1821-044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2017
Sold by
Jc Seven Investemnts Llc
Bought by
Legel Craig M and Legel Kari A
Current Estimated Value
$442,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$201,849
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$244,608

Purchase Details

Listed on
Jan 23, 2015
Closed on
Jun 30, 2015
Sold by
Heckmann Gerald and Heckmann Marie
Bought by
Jc Seven Investments Llc
Seller's Agent
Kathy Zimmermann
RE/MAX Community Realty
Buyer's Agent
Greg Loos
Loos Custom Homes
List Price
$49,900
Sold Price
$43,000
Premium/Discount to List
-$6,900
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.90%
Original Mortgage
$34,400
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 22, 2012
Sold by
Iverson Jeffrey L and Iverson Jennifer L
Bought by
Heckmann Gerald and Heckmann Marie

Purchase Details

Closed on
Apr 30, 2007
Sold by
Ac Development Llc
Bought by
Neumann Developments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,936,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Legel Craig M $262,300 None Available
Jc Seven Investments Llc $43,000 None Available
Heckmann Gerald $54,000 None Available
Neumann Developments Inc $1,680,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legel Craig M $240,000
Previous Owner Jc Seven Investments Llc $34,400
Previous Owner Iverson Jeffrey L $0
Previous Owner Iverson Jeffrey L $42,000
Previous Owner Neumann Developments Inc $1,936,000
Previous Owner Ac Development Llc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $43,000 -13.8% --
06/19/2015 06/19/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $49,900 -- --
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 $6,054 $278,500 $64,900 $213,600
2023 $5,928 $278,500 $64,900 $213,600
2022 $5,910 $278,500 $64,900 $213,600
2021 $5,795 $278,500 $64,900 $213,600
2020 $5,566 $278,500 $64,900 $213,600
2019 $5,666 $278,500 $64,900 $213,600
2018 $5,003 $220,500 $63,800 $156,700
2017 $1,859 $84,700 $63,800 $20,900
2016 $1,468 $63,800 $63,800 $0
2015 $1,424 $63,800 $63,800 $0
2014 $1,430 $63,800 $63,800 $0
2013 $1,464 $63,800 $63,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1735459

South Central Wisconsin Multiple Listing Service

APN: 246-0714-1821-044