NOT LISTED FOR SALE

1108 Clement St Watertown, WI 53094

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold October 21, 2021

Last sale price $459,000

21 Days on Market

Highlights

  • Enclosed Parking
  • Central Air
  • Heating System Uses Natural Gas

About This Home

As of October 2021

Very similar 4 unit just down the street (1029 Clement St) available. Buy one for $459,000 or both for $918,000. Excellent investment opportunity to add 8 units to your portfolio. Rents have plenty of upside potential and units are in great shape. Spacious 2 bedroom, 1 bath units with all appliances including in-unit washer/dryer. Low maintenance all brick building includes garages for each unit. Tenants pay all utilities including water/sewer. Never vacant and easy to manage. There are very few opportunities to get in on good rental properties. This is one of them. Listing agent has ownership interest.

Last Agent to Sell the Property

Scott Johnson

Johnson & Hellekson Real Estate, LLC License #47300-90 Listed on: 09/08/2021

Last Buyer's Agent

Daniel Grunwaldt

Homestead Realty, Inc License #31519-90

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,100

Year Built

  • Built in 1993

Lot Details

  • 4,356

Home Design

  • Brick Exterior Construction
  • Composition Roof

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • Riverside Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Multi-Level Property
  • 4,356 Sq Ft Lot

Community Details

  • 4 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,100

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1993
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1108 Clement St
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.1
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
  • Has Basement: None / Slab

Exterior Features

  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick

Garage/Parking

  • Parking Features:Workshop in Garage: Indoor Space
  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • Junior High Dist: Watertown

Lot Info

  • Zoning: Multi
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 6100.0

MLS Schools

  • Middle School: Riverside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 21, 2021
Sold by
Midwest Investment Group Llc
Bought by
Leased Homes Llc and Investment Leasing Llc
Seller's Agent
Scott Johnson
Johnson & Hellekson Real Estate, LLC
Buyer's Agent
Daniel Grunwaldt
Homestead Realty, Inc
List Price
$459,000
Sold Price
$459,000

Purchase Details

Closed on
May 17, 2007
Sold by
Tri Man Investments Llc
Bought by
Midwest Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
6.2%
Mortgage Type
Future Advance Clause Open End 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
Leased Homes Llc $918,000 None Available
Midwest Investment Group Llc $310,000 None Available
Midwest Investment Group Llc $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Midwest Investment Group Llc $576,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $459,000 0.0% --
09/29/2021 09/29/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $459,000 -- --
Source: Metro MLS

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 $8,245 $549,600 $48,000 $501,600
2023 $7,847 $439,700 $48,000 $391,700
2022 $7,886 $439,700 $48,000 $391,700
2021 $6,172 $240,000 $48,000 $192,000
2020 $6,100 $240,000 $48,000 $192,000
2019 $5,960 $240,000 $48,000 $192,000
2018 $5,797 $240,000 $48,000 $192,000
2017 $5,509 $240,000 $48,000 $192,000
2016 $5,442 $240,000 $48,000 $192,000
2015 $5,372 $240,000 $48,000 $192,000
2014 $5,448 $240,000 $48,000 $192,000
2013 $5,550 $240,000 $48,000 $192,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Scott Johnson

    Johnson & Hellekson Real Estate, LLC

    (920) 988-0148

    11 in this area

    19 Total Sales

    Scott Johnson
    Section Image

  • D

    Buyer's Agent in 2021

    Daniel Grunwaldt

    Homestead Realty, Inc

See All Agents

Map

Source: Metro MLS

MLS Number: 1762629

Metro MLS

APN: 291-0815-0522-006

Wisconsin Jefferson County Watertown 53094

1108 Clement St, Watertown, WI

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