NOT LISTED FOR SALE

1221 Butts Ave Unit 8 Tomah, WI 54660

Estimated Value: $670,551

-- Bed
-- Bath
5,664 Sq Ft
0.41 Acres

Last Sold October 23, 2023

Last sale price $575,000 $102 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,288/month

2 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Baseboard Heating

About This Home

As of October 2023

Discover a prime investment opportunity! This property features 8 units, each comprising 2 bedrooms, 1 bathroom, and private balconies. Convenience is paramount with a coin-operated laundry facility tucked away in the basement, as well as dedicated storage units for tenants. Ample off-street parking ensures a hassle-free living experience for all occupants. Owner is currently responsible for water, sewer, garbage collection, snow removal, lawn maintenance, and common area electric costs, including those for the basement and laundry facilities. Tenants are responsible for their individual electric bills, thanks to the efficient electric heating and air conditioning systems. Seize the opportunity and make this income-generating property yours – schedule a viewing today to unlock its full potential!

Last Agent to Sell the Property

Barbara Simonis

CB River Valley Realty/BRF Brokerage Phone: 715-284-9055 License #39974-90 Listed on: 09/20/2023

CB River Valley Realty/BRF

Co-Listed By

Jordan Nortman

CB River Valley Realty/BRF Brokerage Phone: 715-284-9055 License #77101-94

Last Buyer's Agent

Other Companies Non-MLS

Other Companies/Non-MLS License #0

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,509

Year Built

  • Built in 1975

Lot Details

  • 0.41

Parking

  • Driveway

Home Design

  • Block Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 5,664 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 8 Units

Listing and Financial Details

  • Exclusions: Tenants Personal
  • Assessor Parcel Number 286-00949-0000

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,509

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Directions: Superior to west on Council, to Butts.
  • Lot Size: 150 x 120 x
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Year Built: 1975
  • Lot Size Acres: 0.41
  • Co List Office Mls Id: 578
  • Co List Office Phone: CB River Valley
  • Attribution Contact: 715-284-9055
  • Co List Office Phone: 715-284-9055
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 5664.0
  • Living Area: 5664.0
  • Property Sub Type Additional: Apartment
  • General Property Information Below Grade Unfinished Area: 2832.0
  • Special Features: None

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Basement YN: Yes

Exterior Features

  • Foundation Details: Block
  • Waterfront: No
  • Exclusions: Tenants Personal
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tomah

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 286-00949-0000
  • Zoning Description: Residential-Multifamily
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7509.04

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 23, 2023
Sold by
4M Investments Llc
Bought by
Albers Wisconsin Holdings Llc
Seller's Agent
Barbara Simonis
CB River Valley Realty/BRF
Buyer's Agent
Other Companies Non-MLS
Other Companies/Non-MLS
List Price
$500,000
Sold Price
$575,000
Premium/Discount to List
$75,000
15%
Current Estimated Value
$670,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,551
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
Oct 30, 2017
Sold by
Tralmer Tim H and Tralmer Tim H
Bought by
4 M Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
3.83%
Mortgage Type
Commercial
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
Albers Wisconsin Holdings Llc $575,000 Attorney Stephanie L Nortman
4 M Investments Llc $172,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 4 M Investments Llc $294,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $575,000 +15.0% $102 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $500,000 -- $88 / Sq Ft
Source: Northwestern 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 $9,130 $525,000 $71,500 $453,500
2023 $8,119 $371,800 $64,200 $307,600
2022 $7,509 $371,800 $64,200 $307,600
2021 $7,079 $371,800 $64,200 $307,600
2020 $8,521 $371,000 $63,400 $307,600
2019 $8,590 $371,000 $63,400 $307,600
2018 $8,176 $371,000 $63,400 $307,600
2017 $8,160 $371,000 $63,400 $307,600
2016 $8,146 $348,400 $58,800 $289,600
2015 $8,887 $348,400 $58,800 $289,600
2014 $8,257 $348,400 $58,800 $289,600
2011 $7,957 $348,400 $58,800 $289,600
Source: Public Records

Agents Affiliated with this Home

  • Barbara Simonis

    Seller's Agent in 2023

    Barbara Simonis

    CB River Valley Realty/BRF

    (715) 299-5449

    417 Total Sales

    Barbara Simonis
    Section Image
  • Jordan Nortman

    Seller Co-Listing Agent in 2023

    Jordan Nortman

    CB River Valley Realty/BRF

    (715) 284-9055

    304 Total Sales

    Jordan Nortman
    Section Image

  • O

    Buyer's Agent in 2023

    Other Companies Non-MLS

    Other Companies/Non-MLS

See All Agents

Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1577018

Northwestern Wisconsin Multiple Listing Service

APN: 286-00949-0000

Wisconsin Monroe County Tomah 54660

1221 Butts Ave Unit 8, Tomah, WI

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