$770,000
SOLD DEC 23, 2024
-- Bed
-- Bath
4,400 Sq Ft
0.35 Acres

Recently Sold

$175 Per Sq Ft

4% Below List Price

35 Days on Market

Highlights

  • Den
  • Outdoor Storage
  • Family Room
  • Balcony
  • Central Air
  • Washer and Dryer

About This Home

As of December 2024

Showings to begin on Monday 11/11/2024. Want to invest in multifamily real estate in one of the strongest markets in the country? Sun Prairie is an ideal place to start! This 4-unit building is great for new and experienced investors alike. Its newer construction, pitched roofs, separately metered utilities, and low-maintenance exterior are ideal for minimizing expenses, while the large yard, neighborhood setting, and garage parking are perfect for boosting income. If you've been waiting for an opportunity that could prove to be relatively "passive," then look no further. Schedule a showing for both 1111 & 1121 Stonewood Crossing today!

Last Agent to Sell the Property

Gordon Stebbings

Wisco Real Estate Sales License #59693-90 Listed on: 11/06/2024

Co-Listed By

Darin Beske

Wisco Real Estate Sales License #81023-94

Last Buyer's Agent

Zouhair Zahid

Lannon Stone Realty LLC License #57046-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,322

Year Built

  • Built in 2000

Lot Details

  • 0.35 Acre Lot

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Den

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 6 Covered Spaces
  • Outside Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Utilities

  • Central Air
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0911-323-4022-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,322

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Municipality: Sun Prairie
  • Status Detail: Sold
  • Mailing City: Sun Prairie
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Tenants' personal property, including tenant-owned window coverings. Seller's personal property.
  • Items Included: All window blinds, 4x Washer. 4x Dryer, 4x Water Softener, 4x Dishwasher, 4x Microwave, 4x Refrigerator
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Poured concrete foundatn
  • Number Dish Washers: 4
  • Number Dryers: 4
  • Number Furnaces: 4
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Units W Ac: 4
  • Number Washers: 4
  • Number Water Heaters: 4
  • Number Water Softeners: 4

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Parking Stalls Inside: 6
  • Parking Stalls Outside: 6

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, 2 stall garage, Attached, 1 space, 2 spaces, Outside
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

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

Lot Info

  • Estimated Aces: 0.35
  • Zoning: Multi
  • Geo Subdivision: WI

Rental Info

  • Total Income: 52980

Tax Info

  • Land Assessment: 92000
  • Improvements: 456900
  • Total Assessment: 548900
  • Assessment year: 2023
  • Net Taxes: 10322
  • Tax Year: 2023
  • Assessor Parcel Number: 0911-323-4022-5

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Dec 23, 2024
Sold by
35 N Mills St Llc
Bought by
Baraka Properties Llc
Seller's Agent
Gordon Stebbings
Wisco Real Estate Sales
Buyer's Agent
Zouhair Zahid
Lannon Stone Realty LLC
List Price
$799,000
Sold Price
$770,000
Premium/Discount to List
-$29,000
-3.63%
Views
45
Current Estimated Value
$818,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,643
Avg. Annual Appreciation
7.65%

Purchase Details

Listed on
Aug 29, 2018
Closed on
Oct 8, 2018
Sold by
Miller Daniel R and Miller James D
Bought by
35 N Mills St Llc
Seller's Agent
Justin Harder
Restaino & Associates
Buyer's Agent
Justin Harder
Restaino & Associates
List Price
$489,900
Sold Price
$463,000
Premium/Discount to List
-$26,900
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$371,200
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 1999
Sold by
Statz Vincent A and Statz Arlene L
Bought by
Stonewood Centre Development Co Llc
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $463,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $420,000 Commercial
Previous Owner $371,200 Commercial
Previous Owner $350,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $770,000 -1.2% $175 / Sq Ft
12/11/2024 12/11/24 Price Changed $779,000 -2.5% $177 / Sq Ft
11/07/2024 11/07/24 For Sale $799,000 +3.8% $182 / Sq Ft
11/07/2024 11/07/24 Off Market $770,000 -- --
11/06/2024 11/06/24 For Sale $799,000 +72.6% $182 / Sq Ft
10/10/2018 10/10/18 Sold $463,000 -5.5% $105 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $489,900 -- $111 / 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 $11,273 $548,900 $92,000 $456,900
2023 $10,322 $548,900 $92,000 $456,900
2021 $10,770 $476,000 $85,700 $390,300
2020 $10,876 $476,000 $85,700 $390,300
2019 $11,608 $449,700 $80,900 $368,800
2018 $10,711 $449,700 $80,900 $368,800
2017 $10,208 $449,700 $80,900 $368,800
2016 $9,705 $385,700 $72,000 $313,700
2015 $9,390 $385,700 $72,000 $313,700
2014 $9,388 $382,500 $72,000 $310,500
2013 $9,793 $382,500 $72,000 $310,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1989193

South Central Wisconsin Multiple Listing Service

APN: 0911-323-4022-5