NOT LISTED FOR SALE

Estimated Value: $447,014

6 Beds
3 Baths
2,400 Sq Ft
$186/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $615,000 $256 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $3,271/month

2 Days on Market

Highlights

  • Open Floorplan
  • Balcony
  • Accessible Bedroom
  • Wood Flooring
  • Eat-In Kitchen
  • Accessible Full Bathroom

About This Home

As of February 2023

All brick 6-Unit apartment building in excellent condition. Huge basement with coin op washers and dryers + 6 Huge storage units.. 2 newer boilers and 4 newer water heater. Updated windows. Longer term tenants with below market rents. Possible redevelopment with purchase of 3 neighboring buildings that are owned by the seller.

Last Agent to Sell the Property

Brandon Cook

John Fontain Realty License #53265-90 Listed on: 12/20/2022

Last Buyer's Agent

The Hub Team

The Hub Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,305

Year Built

  • Built in 1965

Lot Details

  • 0.38 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Walk-in Shower
  • Open Floorplan
  • Family Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 16 Open Parking Spaces
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Balcony

Schools

  • Westview Elementary School
  • Prairie View Middle School
  • Sun Prairie East High School

Utilities

  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned
  • High Speed Internet

Community Details

  • 6 Units
  • Net Operating Income $60,000

Listing and Financial Details

  • Assessor Parcel Number 0811-064-9920-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,305

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Municipality: Sun Prairie
  • Status Detail: Sold
  • Mailing City: Sun Prairie
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Stall shower, Level drive, Level lot
  • Items Included: All appliances, Coin op washer/dryer
  • Miscellaneous: Water Softener Owned, Internet - Cable, Internet - Fiber Avail
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 16

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Westview
  • High School: Sun Prairie East
  • Middle School: Prairie View
  • School District: Sun Prairie

Lot Info

  • Estimated Aces: 0.38
  • Zoning: UR12
  • Geo Subdivision: WI

Rental Info

  • Total Income: 60000

Tax Info

  • Net Taxes: 8305
  • Tax Year: 2022
  • Assessor Parcel Number: 0811-064-9920-4

Multi Family

  • Number Of2 Bedrooms: 6
  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2022
Closed on
Feb 10, 2023
Sold by
Rock Hotel Llc
Bought by
Rock Hotel 2 Llc
Seller's Agent
Brandon Cook
John Fontain Realty
Buyer's Agent
The Hub Team
The Hub Realty
List Price
$585,000
Sold Price
$615,000
Premium/Discount to List
$30,000
5.13%
Views
63
Current Estimated Value
$447,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$167,986
Original Mortgage
$449,798
Outstanding Balance
$436,063
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2018
Sold by
Deadman Mark W and Deadman Janet R
Bought by
Rock Hotel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.43%
Mortgage Type
Commercial
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
Rock Hotel 2 Llc $379,600 None Listed On Document
Rock Hotel Llc $382,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rock Hotel 2 Llc $449,798
Previous Owner Rock Hotel Llc $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2023 02/27/23 Sold $615,000 +5.1% $256 / Sq Ft
12/20/2022 12/20/22 For Sale $585,000 -- $244 / 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 $11,039 $573,500 $138,000 $435,500
2023 $10,103 $573,500 $138,000 $435,500
2021 $8,178 $379,600 $133,200 $246,400
2020 $8,263 $379,600 $133,200 $246,400
2019 $7,455 $302,800 $158,400 $144,400
2018 $6,854 $302,800 $158,400 $144,400
2017 $6,515 $302,800 $158,400 $144,400
2016 $7,575 $304,700 $125,800 $178,900
2015 $7,477 $304,700 $125,800 $178,900
2014 $7,080 $302,800 $125,800 $177,000
2013 $7,950 $302,800 $125,800 $177,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1948060

South Central Wisconsin Multiple Listing Service

APN: 0811-064-9920-4