1202 1st Ave Grafton, WI 53024
--
Bed
--
Bath
--
Sq Ft
0.32
Acres
About This Home
As of July 2025Great investment opportunity in Grafton. Brick 5 family near shopping and located on a highly visible corner. All units are occupied. Four - 1 bed/ 1 bath units and one 6 bed/ 3.5 bath unit. Large storage units for 1 bedroom units. Off street parking lot. New fire alarm system in 2020. New mansard roof in 2021. Coin operated laundry in basement.
Last Agent to Sell the Property
American Commercial Real Estate License #57017-90 Listed on: 06/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,365
Lot Details
- 0.32 Acre Lot
Home Design
- Brick Exterior Construction
- Clad Trim
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Laundry in Basement
Schools
- John Long Middle School
- Grafton High School
Community Details
- Operating Expense $25,400
- Net Operating Income $41,000
Listing and Financial Details
- Exclusions: Tenants/sellers personal property.
- Tenant pays for electricity
- The owner pays for sewer, water, electric/public, heat
- Assessor Parcel Number 101140081000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 2018
Sold by
Rehberg Sue A
Bought by
Mansard Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,982
Outstanding Balance
$262,139
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$326,910
Purchase Details
Closed on
Dec 30, 2008
Sold by
Rehberg Dennis J
Bought by
Rehberg Sue A
Similar Home in Grafton, WI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $374,200 | Knight Barry Title | |
| Warranty Deed | $357,800 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $299,982 | Commercial | |
| Previous Owner | $240,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $480,000 | -15.0% | -- |
| 06/12/2025 06/12/25 | For Sale | $565,000 | -- | -- |
Source: Metro MLS
Tax History Compared to Growth
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 | $6,365 | $375,000 | $82,000 | $293,000 |
| 2023 | $5,940 | $375,000 | $82,000 | $293,000 |
| 2022 | $5,897 | $375,000 | $82,000 | $293,000 |
| 2021 | $6,152 | $375,000 | $82,000 | $293,000 |
| 2020 | $6,201 | $375,000 | $82,000 | $293,000 |
| 2019 | $7,092 | $335,200 | $79,000 | $256,200 |
| 2018 | $6,981 | $335,200 | $79,000 | $256,200 |
| 2017 | $7,047 | $335,200 | $79,000 | $256,200 |
| 2016 | $6,598 | $335,200 | $79,000 | $256,200 |
| 2015 | $6,748 | $335,200 | $79,000 | $256,200 |
| 2014 | -- | $335,200 | $79,000 | $256,200 |
| 2013 | $6,630 | $336,800 | $79,000 | $257,800 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Adam Williquette
American Commercial Real Estate
(262) 424-3217
1 in this area
6 Total Sales
-
J
Buyer's Agent in 2025
Jacob Lishanski
Rubins Realty, LLC
(414) 324-7817
1 in this area
37 Total Sales
Map
Source: Metro MLS
MLS Number: 1922042
APN: 101140081000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.
Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.
Nearby Homes
- 921 2nd Ave
- 1411 6th Ave
- 329 W Bridge St
- 856 N Verona Cir Unit 19
- 221 W Lilac Ln
- 4906 State Road 60
- 4906 Wisconsin 60 Trunk
- 940 Mary Grace Ct Unit 46
- 913 Mary Grace Ct Unit 49
- 889 S Verona Cir Unit 86
- 889 S Verona Cir Unit 85
- 889 S Verona Cir Unit 88
- 889 S Verona Cir Unit 87
- 880 S Verona Cir Unit 30
- 880 S Verona Cir Unit 27
- 1157 9th Ave
- 868 S Verona Cir Unit 26
- 868 S Verona Cir Unit 23
- 877 N Verona Cir Unit 82
- 865 S Verona Cir Unit 80