NOT LISTED FOR SALE

1114 Wisconsin Dr Jefferson, WI 53549

Estimated Value: $568,377

2 Beds
1 Bath
875 Sq Ft
$650/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $318,000 $363 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,792/month

3 Days on Market

Highlights

  • Balcony
  • Accessible Bedroom
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen
  • Accessible Full Bathroom

About This Home

As of April 2019

This is a solid rental with excellent history. Easy to rent and updated with newer flooring, appliances, roof and garage spaces. The seller is retiring and has no other motive to sell, thus it is your opportunity to own an excellent investment property.

Last Agent to Sell the Property

Terry Ault

RE/MAX Equity License #58734-90 Listed on: 03/12/2019

RE/MAX Equity

Last Buyer's Agent

Heidi Kabat

RE/MAX Community Realty License #57182-90

RE/MAX Community Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,011

Year Built

  • Built in 1993

Lot Details

  • 0.27

Parking

  • 4 Covered Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Additional Features

  • Balcony
  • 0.27 Acre Lot

Community Details

  • 4 Units
  • Net Operating Income $18,000

Listing and Financial Details

  • Assessor Parcel Number 241-0614-1043-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,011

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Municipality: Jefferson
  • Status Detail: Sold
  • Mailing City: Jefferson
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Excluded: Tenants Property
  • Noi Year: 2017
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walkout to yard, Finished
  • Number Dish Washers: 4
  • Number Dryers: 1
  • Number Furnaces: 4
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Units W Ac: 4
  • Number Washers: 1
  • Number Water Heaters: 5

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 4
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • School District: Jefferson
  • Elementary School: Call School District
  • Middle School: Call School District
  • High School: Jefferson
  • Elementary School: Call School District
  • High School: Jefferson
  • Middle School: Call School District
  • School District: Jefferson

Lot Info

  • Estimated Aces: 0.269
  • Zoning: Res Mult
  • Geo Subdivision: WI

Rental Info

  • Total Income: 34140

Tax Info

  • Land Assessment: 25000
  • Improvements: 234800
  • Total Assessment: 259800
  • Assessment year: 2017
  • Net Taxes: 6011
  • Tax Year: 2017
  • Assessor Parcel Number: 241-0614-1043-005

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
Apr 12, 2019
Sold by
Hoefs Trust
Bought by
Hotter Rentals Llc
Seller's Agent
Terry Ault
RE/MAX Equity
Buyer's Agent
Heidi Kabat
RE/MAX Community Realty
List Price
$309,000
Sold Price
$318,000
Premium/Discount to List
$9,000
2.91%
Current Estimated Value
$568,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,377
Avg. Annual Appreciation
8.44%
Original Mortgage
$318,000
Outstanding Balance
$282,937
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$249,422

Purchase Details

Listed on
Mar 2, 2015
Closed on
Feb 29, 2016
Sold by
Neumann Thomas J and Neumann Julie A
Bought by
Hoefs Gerald J and Revocab Susan C Hoefs
Seller's Agent
Dean Ramsden
RE/MAX CONNECT
Buyer's Agent
AGENT NON-MLS
NON-MLS OFFICE
List Price
$284,500
Sold Price
$260,000
Premium/Discount to List
-$24,500
-8.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
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
Hotter Rentals Llc $318,000 None Available
Hoefs Gerald J $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hotter Rentals Llc $318,000
Previous Owner Neumann Thomas J $219,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $318,000 +2.9% $363 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $309,000 +18.8% $353 / Sq Ft
02/29/2016 02/29/16 Sold $260,000 -8.6% $76 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
03/02/2015 03/02/15 For Sale $284,500 -- $84 / 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 $8,335 $444,000 $25,000 $419,000
2023 $7,881 $444,000 $25,000 $419,000
2022 $7,183 $347,300 $25,000 $322,300
2021 $7,032 $318,000 $25,000 $293,000
2020 $6,903 $318,000 $25,000 $293,000
2019 $5,809 $259,800 $25,000 $234,800
2018 $6,084 $259,800 $25,000 $234,800
2017 $6,011 $259,800 $25,000 $234,800
2016 $5,548 $239,600 $25,000 $214,600
2015 $5,862 $239,600 $25,000 $214,600
2014 $5,556 $239,600 $25,000 $214,600
2013 $5,916 $239,600 $25,000 $214,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1851494

South Central Wisconsin Multiple Listing Service

APN: 241-0614-1043-005