NOT LISTED FOR SALE

113 S 5th St Delavan, WI 53115

Estimated Value: $202,890 - $278,000

-- Bed
-- Bath
2,483 Sq Ft
$98/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $165,000 $66 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,492/month

2 Days on Market

Highlights

  • Enclosed Parking
  • Forced Air Heating System
  • Wood Siding

About This Home

As of March 2022

CALLING ALL INVESTORS! If you are looking for a Triplex with solid tenants, you've found your next property. Current rents equal $1925 per month for a $23,100 yearly earnings. Current tenant in the upper unit takes care of snow removal & lawn care. Seller provides a $100 rent deduction for this. Electrical service upgraded 13 years ago along with a new roof that was a complete tear off. Lower (Unit #1) has radiator heat, Upper (Unit #2) has Gas/Forced Air heat & Studio (Unit #3) is Electric Heat. The driveway is shared with a neighboring property, but there is no Shared Driveway Agreement in place.

Last Agent to Sell the Property

Dawn Kronforst

Redefined Realty Advisors LLC License #82193-94 Listed on: 03/11/2022

Last Buyer's Agent

Juan Martinez

Compass Wisconsin-Lake Geneva License #78255-94

Compass Wisconsin-Lake Geneva

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,859

Year Built

  • Built in 1901

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,483 Sq Ft Home
  • Multi-Level Property

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • Phoenix Middle School
  • Delavan-Darien High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Seller and/or Tenant's Personal Property, Tenant Owned Washers & Dryers

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,859

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Unit #1 (Lower): Refrigerator, Oven/RangeUnit #2 (Upper): Refrigerator, Oven/RangeUnit #3 (Upper Studio): Refrigerator, Oven/Range
  • Directions: South from Intersection of 5th & Hwy 11 (Downtown Delavan). First house on the left.
  • New Construction: No
  • Year Built: 1901
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 113 S 5th St
  • Type 5 Heat Fuel: Electric, Natural Gas
  • Lot Acreage: 0.13
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Water Heater
  • Has Basement: Full, Laundry Facilities, Poured Concrete
  • Second Floor Total Sq Ft: 2483.00

Exterior Features

  • Exclusions: Seller and/or Tenant's Personal Property, Tenant Owned Washers & Dryers
  • Exterior Building Type: Duplex +
  • Exterior: (C) Stucco, Stucco/Slate, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2, 3 - 4

Schools

  • School District: Delavan-Darien
  • Middle School: Phoenix
  • High School: Delavan-Darien
  • High School: Delavan-Darien
  • Junior High Dist: Delavan-Darien

Lot Info

  • Zoning: Multi-Family
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 1859.35

MLS Schools

  • Middle School: Phoenix

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2009
Sold by
First Banking Center
Bought by
Fifth Street Rental Llc
Current Estimated Value
$242,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 21, 2008
Sold by
Titan Property Holdings Inc
Bought by
First Banking Center
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
Fifth Street Rental Llc $50,000 Chicago Title Insurance Co
First Banking Center -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fifth Street Rental Llc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $165,000 0.0% $66 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $165,000 -- $66 / 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 $2,416 $164,500 $18,000 $146,500
2023 $1,896 $87,000 $12,400 $74,600
2022 $1,872 $87,000 $12,400 $74,600
2021 $1,859 $87,000 $12,400 $74,600
2020 $1,925 $87,000 $12,400 $74,600
2019 $1,935 $87,000 $12,400 $74,600
2018 $1,741 $87,000 $12,400 $74,600
2017 $980 $44,300 $10,800 $33,500
2016 $984 $44,300 $10,800 $33,500
2015 $1,002 $44,300 $10,800 $33,500
2014 $999 $44,300 $10,800 $33,500
2013 $999 $44,300 $10,800 $33,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1782836

Metro MLS

APN: XP00092