NOT LISTED FOR SALE

110-116 N Main St Potosi, WI 53820

Estimated Value: $105,000 - $231,000

8 Beds
4 Baths
5,600 Sq Ft
$25/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $60,000 $11 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $796/month

197 Days on Market

Highlights

  • Forced Air Heating System
  • Potosi High School Rated 9+
  • Washer and Dryer

About This Home

As of March 2020

4 apts. and 2 retail units in 4 connected buildings in the heart of downtown Potosi. Gross rents of $ 1985/month. Also includes some off street and garage parking. 110 Main has a first floor apt. that rents for 400/month. 112 Main has a first floor apt. that rents for 325/month. 114 Main has a first floor retail space used as a beauty salon that rents for 285/month and an upstairs apt. that rents for 450/month. 116 Main has a first floor retail space currently used for storage and an upstairs apt. that rents for 525/month including water. Conditional use permits for first floor apts need to be renewed on a yearly basis with the village.

Last Agent to Sell the Property

Don Clayton

Potterton Rule Real Estate LLC License #28145-90 Listed on: 07/24/2019

Co-Listed By

Brenda Post

Potterton Rule Real Estate LLC License #70746-94

Last Buyer's Agent

Jonathan Miles

Jon Miles Real Estate License #52646-90

Jon Miles Real Estate

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.48 Acre Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 10 Open Parking Spaces
  • 3 Covered Spaces
  • On-Street Parking
  • Outside Parking

Schools

  • Potosi Elementary And Middle School
  • Potosi High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Separate Water Meter

Community Details

  • 6 Units
  • Potosi Village Inlots Subdivision

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Municipality: Potosi
  • Status Detail: Sold
  • Mailing City: Potosi
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 1 story, 2 story
  • Items Excluded: remainder of sellers and tenants personal property
  • Items Included: stove refrigerator washer and dryer in each apartment
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 4
  • Number Washers: 4

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 3
  • Parking Stalls Outside: 10

Utilities

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

Schools

  • Elementary School: Potosi
  • High School: Potosi
  • Middle School: Potosi
  • School District: Potosi

Lot Info

  • Estimated Aces: 0.48
  • Zoning: B1

Tax Info

  • Net Taxes: 3654
  • Tax Year: 2018
  • Assessor Parcel Number: multiple

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2021
Sold by
Jones Rodney T and Jerrett Tina M
Bought by
Clancy Scott
Current Estimated Value
$138,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,919
Outstanding Balance
$18,676
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$120,185

Purchase Details

Listed on
Jul 24, 2019
Closed on
Mar 13, 2020
Sold by
Blindert Harold J and Blindert Harold J
Bought by
Jones Rodney T and Jerrett Tina M
Seller's Agent
Don Clayton
Potterton Rule Real Estate LLC
Buyer's Agent
Jonathan Miles
Jon Miles Real Estate
List Price
$145,000
Sold Price
$60,000
Premium/Discount to List
-$85,000
-58.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%
Original Mortgage
$71,725
Interest Rate
3.5%
Mortgage Type
Commercial
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
Clancy Scott $77,500 None Available
Jones Rodney T $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clancy Scott $75,919
Previous Owner Jones Rodney T $71,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold $60,000 -14.2% $11 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
01/16/2020 01/16/20 Price Changed $69,900 -41.7% $12 / Sq Ft
09/23/2019 09/23/19 Price Changed $119,900 -17.3% $21 / Sq Ft
07/24/2019 07/24/19 For Sale $145,000 -- $26 / Sq Ft
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 $738 $56,400 $7,000 $49,400
2023 $626 $56,400 $7,000 $49,400
2022 $879 $38,700 $5,200 $33,500
2021 $749 $38,700 $5,200 $33,500
2020 $683 $38,700 $5,200 $33,500
2019 $659 $38,700 $520 $3,350
2018 $616 $38,700 $5,200 $33,500
2017 $593 $38,700 $5,200 $33,500
2016 $611 $41,200 $5,200 $36,000
2015 $620 $41,200 $5,200 $36,000
2014 $626 $41,200 $5,200 $36,000
2013 $646 $41,200 $5,200 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1864124

South Central Wisconsin Multiple Listing Service

APN: 172-00042-0000