NOT LISTED FOR SALE

110 E Main St Merrimac, WI 53561

6 Beds
5 Baths
4,850 Sq Ft
3,485 Sq Ft Lot

Last Sold July 14, 2017

Last sale price $220,000 $45 Per Sq Ft

Highlights

  • Eat-In Kitchen
  • Central Air
  • Family Room

About This Home

As of July 2017

Great Location & easy to rent! Located in downtown Merimac Wisconsin. This building is a great opportunity for you to have a quality commercial building at a reasonable cost. There's also a retail space & laundry mat included. Call for details today. Call Chris at 608-576-7409 or chris@rotre.net for a FREE list of properties under $250k.

Last Agent to Sell the Property

Chris Thomas

Badgerland Real Estate & Associates, LLC License #53073-90 Listed on: 03/17/2017

Co-Listed By

Sean Smith

Commercial Property Group LLC License #81346-94

Last Buyer's Agent

Brent Huebner

Huebner Properties LLC License #55468-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,068

Lot Details

  • 3,485

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

  • Call School District Elementary School
  • Sauk Prairie Middle School
  • Sauk Prairie High School

Utilities

  • Central Air
  • Separate Meters

Community Details

  • 7 Units
  • Net Operating Income $3,070

Listing and Financial Details

  • Assessor Parcel Number 151-0014-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,068

Lot Details

0

Listing Details

  • Municipality: Merrimac
  • Status Detail: Sold
  • Mailing City: Merrimac
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Included: All Washers & Dryers in laundry mat area. 7 Stoves, 7 refrigerators
  • Noi Year: 2016
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Furnaces: 1
  • Number Refrigerators: 7
  • Number Stoves: 7
  • Number Units W Ac: 3
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 1105

Schools

  • School District: Sauk Prairie
  • Elementary School: Call School District
  • Middle School: Sauk Prairie
  • High School: Sauk Prairie
  • Elementary School: Call School District
  • High School: Sauk Prairie
  • Middle School: Sauk Prairie
  • School District: Sauk Prairie

Lot Info

  • Zoning: Com
  • Geo Subdivision: WI

Rental Info

  • Total Income: 4175

Tax Info

  • Land Assessment: 11200
  • Improvements: 103800
  • Total Assessment: 119400
  • Assessment year: 2016
  • Net Taxes: 2068
  • Tax Year: 2017
  • Assessor Parcel Number: 151-0014-00000

Multi Family

  • Number Of1 Bedrooms: 3
  • Number Of2 Bedrooms: 3
  • Number Of Efficiencies: 1
  • Number Of Units: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
Jul 14, 2017
Sold by
Nsr Properties Llc
Bought by
Lakeside Park Properties Llc
Seller's Agent
Chris Thomas
Badgerland Real Estate & Associates, LLC
Buyer's Agent
Brent Huebner
Huebner Properties LLC
List Price
$259,900
Sold Price
$220,000
Premium/Discount to List
-$39,900
-15.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Outstanding Balance
$136,158
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2008
Sold by
Merrimac Properies Llc
Bought by
Nsr Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2008
Sold by
Joostan Mark
Bought by
Marrimac Properties Llc

Purchase Details

Closed on
Jan 6, 2006
Sold by
Merrinmac Llc
Bought by
Joestea Mark
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
Lakeside Park Properties Llc $220,000 Nations Title Agency
Nsr Properties Llc $215,000 None Available
Marrimac Properties Llc $150,000 None Available
Joestea Mark -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakeside Park Properties Llc $176,000
Previous Owner Nsr Properties Llc $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2017 07/14/17 Sold $220,000 -15.4% $45 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $259,900 -- $54 / 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 $2,540 $134,400 $11,300 $123,100
2023 $2,559 $134,400 $11,300 $123,100
2022 $2,746 $134,400 $11,300 $123,100
2021 $2,598 $134,400 $11,300 $123,100
2020 $2,449 $134,400 $11,300 $123,100
2019 $2,211 $134,400 $11,300 $123,100
2018 $2,201 $134,400 $11,300 $123,100
2017 $2,163 $134,400 $11,300 $123,100
2016 $2,033 $115,000 $11,200 $103,800
2015 $2,068 $115,000 $11,200 $103,800
2014 $1,957 $115,000 $11,200 $103,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1797619

South Central Wisconsin Multiple Listing Service

APN: 151-0014-00000