NOT LISTED FOR SALE

115 Sherman Ave E Fort Atkinson, WI 53538

Estimated Value: $237,571

3 Beds
-- Bath
-- Sq Ft
9,148 Sq Ft Lot

Last Sold August 15, 2022

Last sale price $215,000

Est. 10% increase in value since last sale

Current estimated payment $1,682/month

4 Days on Market

About This Home

As of August 2022

Great investor opportunity ready for you! This newly remodeled tri-plex is a money maker! This building includes three units, (1) one bedroom, one bath unit, (2) two bedroom, one bath units. Separate electric. Landlord pays water and gas. Detached large 2 car garage and off-street parking spots. Great location that is in close proximity to downtown Fort Atkinson and many stores/restaurants. Don't miss out on this opportunity, schedule a showing today!

Last Agent to Sell the Property

Grace Foelker

Fort Real Estate Company LLC License #58883-90 Listed on: 06/27/2022

Last Buyer's Agent

Andrew Heine

NextHome Success-Ft Atkinson License #80640-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,971

Year Built

  • Built in 1903

Lot Details

  • 9,148

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 3 Open Parking Spaces
  • 2 Covered Spaces
  • Outside Parking

Schools

  • Call School District Elementary School
  • Fort Atkinson Middle School
  • Fort Atkinson High School

Additional Features

  • Oven or Range
  • Balcony
  • 9,148 Sq Ft Lot

Community Details

  • 3 Units
  • Net Operating Income $22,230

Listing and Financial Details

  • Assessor Parcel Number 22605140322097

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,971

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Municipality: Fort Atkinson
  • Status Detail: Sold
  • Mailing City: Fort Atkinson
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Tenants personal property
  • Items Included: 3 refrigerators, 3 stoves
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Walkout to yard

Garage/Parking

  • Heating Fuel: Natural Gas
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 3

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside

Fee Information

  • Total Expenses: 7170

Schools

  • School District: Fort Atkinson
  • Elementary School: Call School District
  • Middle School: Fort Atkinson
  • High School: Fort Atkinson
  • Elementary School: Call School District
  • High School: Fort Atkinson
  • Middle School: Fort Atkinson
  • School District: Fort Atkinson

Lot Info

  • Estimated Aces: 0.21
  • Zoning: SR7
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3971
  • Tax Year: 2021
  • Assessor Parcel Number: 22605140322097

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Jul 28, 2022
Sold by
Dean Ferguson
Bought by
Sigmund Draven A
Seller's Agent
Grace Foelker
Fort Real Estate Company LLC
Buyer's Agent
Andrew Heine
NextHome Success-Ft Atkinson
List Price
$215,000
Sold Price
$215,000
Total Days on Market
4
Views
73
Current Estimated Value
$237,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,571
Avg. Annual Appreciation
3.60%

Purchase Details

Closed on
Aug 19, 2020
Sold by
Rathbun Zane
Bought by
Ferguson Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,848
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 8, 2019
Sold by
Ideas! Rmr Llc
Bought by
Rathbun Zane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2017
Sold by
Diece Kevin J and Diece Gina M
Bought by
Ideas Rmr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 4, 2012
Sold by
Bank Of Lake Mills
Bought by
Diece Kevin J and Diece Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
3.32%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 24, 2012
Sold by
Pope Cecilia G and Doe John
Bought by
Bank Of Lake Mills
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
Sigmund Draven A $215,000 Toby Tully
Ferguson Dean $174,000 None Available
Rathbun Zane $148,500 None Available
Ideas Rmr Llc -- None Available
Diece Kevin J $95,000 None Available
Bank Of Lake Mills $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferguson Dean $170,848
Previous Owner Rathbun Zane $44,500
Previous Owner Rathbun Zane $103,950
Previous Owner Ideas Rmr Llc $103,500
Previous Owner Diece Kevin J $104,100
Previous Owner Diece Kevin J $92,250
Previous Owner Diece Kevin J $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $215,000 0.0% --
06/27/2022 06/27/22 For Sale $215,000 -- --
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 $4,250 $227,600 $59,500 $168,100
2023 $4,213 $227,600 $59,500 $168,100
2022 $4,385 $157,000 $55,000 $102,000
2021 $3,889 $157,000 $55,000 $102,000
2020 $3,716 $157,000 $55,000 $102,000
2019 $3,585 $157,000 $55,000 $102,000
2018 $3,432 $157,000 $55,000 $102,000
2017 $3,322 $157,000 $55,000 $102,000
2016 $2,957 $134,500 $30,100 $104,400
2015 $2,940 $134,500 $30,100 $104,400
2014 $2,839 $134,500 $30,100 $104,400
2013 $2,914 $134,500 $30,100 $104,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: MM1799928

South Central Wisconsin Multiple Listing Service

APN: 226-0514-0322-097