NOT LISTED FOR SALE

1123 Bindl Dr Reedsburg, WI 53959

Estimated Value: $331,000 - $456,000

6 Beds
4 Baths
2,900 Sq Ft
$136/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $300,000 $103 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,301/month

86 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • 1-Story Property
  • Balcony
  • En-Suite Primary Bedroom
  • Forced Air Heating and Cooling System

About This Home

As of January 2023

INVESTMENT INCOME PROPERTY!! Don't lose out on an opportunity to have a wonderful income property located near the schools in the city of Reedsburg. This property offers a shared wall duplex bringing in 2 incomes in a great neighborhood. Both units offer 3 bedrooms, 1.5 bathrooms, laundry room, open kitchen and spacious living room. 2 car attached garage with opener, patio and a nice big backyard. Schedule your walk thru soon.

Last Agent to Sell the Property

Peggy Ring

Century 21 Affiliated License #39774-94 Listed on: 09/20/2022

Century 21 Affiliated

Last Buyer's Agent

Becky Cassity

Bunbury & Assoc, REALTORS License #89829-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,310

Year Built

  • Built in 2005

Lot Details

  • 0.36

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1-Story Property
  • Family Room
  • Wood Flooring
  • Crawl Space
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter

Additional Features

  • Balcony
  • 0.36 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 276-2561-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,310

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Municipality: Reedsburg
  • Status Detail: Sold
  • Mailing City: Reedsburg
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story
  • Items Excluded: sellers personal property
  • Items Included: refrigerator, range/oven, microwave, dishwasher, disposal
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl space
  • Number Dish Washers: 2
  • Number Units W Ac: 2

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: 2 stall garage, Attached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

  • Elementary School: Call School District
  • High School: Reedsburg Area
  • Middle School: Call School District
  • School District: Reedsburg

Lot Info

  • Estimated Aces: 0.36
  • Zoning: R2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 2100

Tax Info

  • Net Taxes: 5310
  • Tax Year: 2021
  • Assessor Parcel Number: 276-2561-00000

Multi Family

  • Number Of3 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Jan 10, 2023
Sold by
Valley Homes Of Spring Green Llc
Bought by
Cassity Investments Llc
Seller's Agent
Peggy Ring
Century 21 Affiliated
Buyer's Agent
Becky Cassity
Bunbury & Assoc, REALTORS
List Price
$355,000
Sold Price
$300,000
Premium/Discount to List
-$55,000
-15.49%
Views
76
Current Estimated Value
$395,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,288
Avg. Annual Appreciation
10.39%
Original Mortgage
$240,000
Outstanding Balance
$232,428
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$162,860

Purchase Details

Closed on
Feb 11, 2005
Sold by
R & E Development Corp
Bought by
Homes Valley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Cassity Investments Llc $300,000 Southwest Title
Homes Valley $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassity Investments Llc $240,000
Previous Owner Homes Valley $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $300,000 -15.5% $103 / Sq Ft
09/20/2022 09/20/22 For Sale $355,000 -- $122 / 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 $2,786 $345,300 $30,300 $315,000
2023 $6,025 $263,400 $24,400 $239,000
2022 $6,019 $263,400 $24,400 $239,000
2021 $5,615 $263,400 $24,400 $239,000
2020 $5,782 $263,400 $24,400 $239,000
2019 $5,505 $214,500 $24,900 $189,600
2018 $5,417 $214,500 $24,900 $189,600
2017 $5,257 $214,500 $24,900 $189,600
2016 $5,249 $214,500 $24,900 $189,600
2015 $4,977 $214,500 $24,900 $189,600
2014 $5,019 $214,500 $24,900 $189,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1943734

South Central Wisconsin Multiple Listing Service

APN: 276-2561-00000