$240,000
SOLD OCT 21, 2024

112 School St Unit 114 Sheboygan Falls, WI 53085

-- Bed
-- Bath
1,832 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$131 Per Sq Ft

6% Below List Price

61 Days on Market

About This Home

As of October 2024

Explore a unique investment opportunity in Sheboygan Falls with this meticulously maintained 2-family home. Each unit offers 2 beds and 1 bath, ensuring comfort and privacy for tenants. Nestled in a tranquil neighborhood, it boasts a serene atmosphere perfect for long-term rental income. The outdoor entertainment space enhances tenant satisfaction and investment returns. With local amenities, parks, and schools just around the corner, tenants will appreciate the ease of everyday living. Whether you're expanding your investment portfolio or looking for a home with rental income potential, this 2-family residence offers both stability and growth in the thriving Sheboygan Falls market. Don't miss out on this lucrative venture in a sought-after location!

Last Agent to Sell the Property

Matt Kapellen

Pleasant View Realty, LLC License #54707-90 Listed on: 07/21/2024

Last Buyer's Agent

Somer Holler

The Kramer Group LLC License #97954-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,147

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,832 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Sheboygan Falls Elementary And Middle School
  • Sheboygan Falls High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: <font color=green>Sellers Personal Property, Tenants Personal Property</font>

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,147

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: <font color=green>2 Refrigerators, 2 Stoves, 2 Dishwashers, 2 Washers, 2 Dryers, Microwave in Main Unit, Shed</font>
  • Directions: Hwy 28 to Hwy 32 Roundabout, North out of Roundabout on Hwy 32 to School Street, East to Property
  • New Construction: No
  • Year Built: 1910
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 112 School STREET #114
  • Lot Acreage: 0.14
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 1832.00

Exterior Features

  • Exclusions: <font color=green>Sellers Personal Property, Tenants Personal Property</font>
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Sheboygan Falls
  • Elementary School: Sheboygan Falls
  • Middle School: Sheboygan Falls
  • High School: Sheboygan Falls
  • Elementary School: Sheboygan Falls
  • High School: Sheboygan Falls
  • Junior High Dist: Sheboygan Falls

Lot Info

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

Tax Info

  • Tax Year: 2023
  • Total Taxes: 2146.98

MLS Schools

  • Middle School: Sheboygan Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2024
Closed on
Oct 17, 2024
Sold by
Abrahamson Eric J and Abrahamson Erica L
Bought by
Holler Justin
Seller's Agent
Matt Kapellen
Pleasant View Realty, LLC
Buyer's Agent
Somer Holler
The Kramer Group LLC
List Price
$255,100
Sold Price
$240,000
Premium/Discount to List
-$15,100
-5.92%
Total Days on Market
61
Views
86
Current Estimated Value
$210,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,726
Avg. Annual Appreciation
-18.67%
Original Mortgage
$228,000
Outstanding Balance
$226,928
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$16,654

Purchase Details

Closed on
Mar 23, 2015
Sold by
Loda Derek J. Derek J. and Loda Derek J
Bought by
U.S. Bank National Association, As Trust

Purchase Details

Closed on
Apr 25, 2014
Sold by
Us Bank National Association As Trust
Bought by
Jasinski Jasinski A and Jasinski K
Source: Public Records

Range of Values:

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Average Value
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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 $240,000 New Title Services Inc
Warranty Deed $45,000 --
Sheriffs Deed $26,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 New Conventional
Previous Owner $146,200 New Conventional
Previous Owner $71,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Sold $240,000 -4.7% $131 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/16/2024 09/16/24 Price Changed $251,900 -1.3% $138 / Sq Ft
07/21/2024 07/21/24 For Sale $255,100 -- $139 / Sq Ft
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 $2,489 $149,000 $26,000 $123,000
2023 $2,349 $100,500 $20,000 $80,500
2022 $2,040 $100,500 $20,000 $80,500
2021 $2,080 $100,500 $20,000 $80,500
2020 $2,031 $100,500 $20,000 $80,500
2019 $2,028 $100,500 $20,000 $80,500
2018 $1,988 $100,500 $20,000 $80,500
2017 $1,954 $100,500 $20,000 $80,500
2016 $2,003 $100,500 $20,000 $80,500
2015 $2,018 $100,500 $20,000 $80,500
2014 $2,448 $100,500 $20,000 $80,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1884490

Metro MLS

APN: 59282907800