NOT LISTED FOR SALE

1116 Summit Ave Beloit, WI 53511

Beloit Area

Estimated Value: $73,000 - $98,530

1 Bed
2 Baths
572 Sq Ft
$148/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2025

Last sale price $62,000 $108 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $559 / mo

14 Days on Market

Highlights

  • Ranch Style House
  • Property is near bus stop
  • 3-minute walk to Regina Dunkin Park
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of January 2025

INVESTORS!! This is your opportunity to purchase a property that has potential to increase the equity with cosmetic updates as you continue to collect a rent check. This cute 1 bedroom home has tons of character, but needs some TLC to bring it back to it's glory. Location is in the middle of the City near schools, parks, shopping, etc. Tenant has lived in this cozy home for several years, but is on a month-to-month lease leaving flexibility for possibilities. So much to offer, so much potential!

Last Agent to Sell the Property

Tressy Brown

Century 21 Affiliated Brokerage Phone: 608-295-0841 License #86430-94 Listed on: 11/20/2024

Century 21 Affiliated

Last Buyer's Agent

Sady Aguiar

Rock Realty License #90149-94

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $947

Year Built

  • Built in 1930

Lot Details

  • 4,356

Parking

  • Paved Parking

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 572 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Bedroom

Schools

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

Additional Features

  • 4,356 Sq Ft Lot
  • Property is near bus stop
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$947

Year Built

Built in 1930

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Municipality: Beloit
  • Status Detail: Sold
  • Mailing City: Beloit
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Items Excluded: Tenant's personal property.
  • Items Included: Seller owned appliances. Confirm with agent.
  • Year Built: 1930
  • Above Grade Sold Price Per Sq Ft: 108.39
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 572
  • Finished Sq Ft: 572
  • Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: On Level: M
  • Kitchen: On Level: M
  • Living Room: On Level: M
  • Basement: Full
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Driveway: Paved

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air
  • Water Waste: Municipal water, Municipal sewer

Schools

  • Elementary School: Call School District
  • High School: Memorial
  • Middle School: Call School District
  • School District: Beloit

Lot Info

  • Estimated Aces: 0.1
  • Lot Description: Close to busline, Sidewalk
  • Zoning: R-1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 947
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Jan 13, 2025
Sold by
Obsidian Onyx Management Llc
Bought by
Seller's Agent
Tressy Brown
Century 21 Affiliated
Buyer's Agent
Sady Aguiar
Rock Realty
List Price
$65,000
Sold Price
$62,000
Premium/Discount to List
-$3,000
-4.62%
Views
17
Current Estimated Value
$84,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,383
Avg. Annual Appreciation
21.10%
Original Mortgage
$49,600
Outstanding Balance
$48,909
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$35,474

Purchase Details

Closed on
Sep 7, 2022
Sold by
Fps Rental Inc
Bought by
Obsidian Onyx Management Llc

Purchase Details

Closed on
Nov 30, 2016
Sold by
Voss Hovland Natalie A
Bought by
Fps Rental Inc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Beloit, WI

  • Jennifer Elliott Real Estate Agent - EXIT Professional Real Estate

    Jennifer Elliott

    EXIT Professional Real Estate

    (608) 292-4204

    103 Total Sales

    7 in Beloit

    $100K - $220K Price Range

    Jennifer Elliott
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  • Steve Mode Real Estate Agent - Wayne Hayes Real Estate LLC

    Steve Mode

    Responds Quickly

    Wayne Hayes Real Estate LLC

    (414) 250-7724

    88 Total Sales

    2 in Beloit

    $313K - $400K Price Range

    Steve Mode
     Section Image
  • Caitlin Schmidt Real Estate Agent - Realty Executives Premier

    Caitlin Schmidt

    Realty Executives Premier

    (608) 292-4177

    56 Total Sales

    4 in Beloit

    $130K - $305K Price Range

    Caitlin Schmidt
     Section Image
  • Jed Burk Real Estate Agent - Coldwell Banker Real Estate Group

    Jed Burk

    Coldwell Banker Real Estate Group

    (612) 482-5484

    53 Total Sales

    1 in Beloit

    $180,000 Price

    Jed Burk
     Section Image
  • Daron Lenzendorf Real Estate Agent - Powerhouse Team Realty

    Daron Lenzendorf

    Responds Quickly

    Powerhouse Team Realty

    (608) 292-3495

    62 Total Sales

    3 in Beloit

    $160K - $243K Price Range

    Daron Lenzendorf
     Section Image
  • Desiree Sowell Real Estate Agent - Keller Williams Realty Signature

    Desiree Sowell

    Keller Williams Realty Signature

    (608) 466-2303

    91 Total Sales

    51 in Beloit

    $30K - $535K Price Range

    Desiree Sowell
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$62,000 None Listed On Document
Obsidian Onyx Management Llc -- --
Fps Rental Inc $105,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $49,600
Previous Owner Fps Rental Inc $63,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/15/2025 01/15/25 Sold $62,000 -4.6% $108 / Sq Ft
11/20/2024 11/20/24 For Sale $65,000 -- $114 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,145 $71,300 $7,300 $64,000
2024 $856 $71,300 $7,300 $64,000
2023 $912 $59,000 $7,300 $51,700
2022 $945 $59,000 $7,300 $51,700
2021 $643 $21,900 $4,500 $17,400
2020 $582 $21,900 $4,500 $17,400
2019 $555 $21,900 $4,500 $17,400
2018 $554 $21,900 $4,500 $17,400
2017 $556 $21,900 $4,500 $17,400
2016 $592 $21,900 $4,500 $17,400
2015 $556 $21,900 $4,500 $17,400
2014 $534 $21,900 $4,500 $17,400
2013 $618 $21,900 $4,500 $17,400
Source: Public Records

Agents Affiliated with this Home

  • Tressy Brown Real Estate Agent - Century 21 Affiliated

    Seller's Agent in 2025

    Tressy Brown

    Century 21 Affiliated

    (608) 295-0841

    63 Total Sales

    Tressy Brown
    Section Image
  • Sady Aguiar Real Estate Agent - Rock Realty

    Buyer's Agent in 2025

    Sady Aguiar

    Rock Realty

    (920) 988-6702

    96 Total Sales

    Sady Aguiar
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1989820

South Central Wisconsin Multiple Listing Service

APN: 125-71280

Wisconsin Rock County Beloit 53511

1116 Summit Ave, Beloit, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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