NOT LISTED FOR SALE

1222 Lincoln Ave Beloit, WI 53511

Beloit Area

Estimated Value: $114,000 - $179,307

4 Beds
2 Baths
1,470 Sq Ft
$106/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2016

Last sale price $39,000 $27 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $990 / mo

247 Days on Market

Highlights

  • Detached Garage
  • Property is near bus stop
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen

About This Home

As of February 2016

Here is your opportunity to live for almost nothing!!! The lower unit of this duplex will be available April, 1st. Live in the lower unit and let the upstairs tenant cover most of your mortgage! The lower unit is currently rented for $435. The upper unit is currently rented for $425. Wall A/C, stove and fridge for each unit included as well as a push mower. Photos are of the Upper unit, the lower unit is in similar condition and has the same floor plan.

Last Agent to Sell the Property

Otis Johnson

RE/MAX Ignite License #58176-90 Listed on: 05/29/2015

RE/MAX Ignite

Last Buyer's Agent

Scott Sklare

South Central Non-Member License #54459-90

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,142

Parking

  • Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

  • Converse Elementary School
  • Mcneel Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Additional Features

  • 6,142 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 2 Units
  • Net Operating Income $8,015

Listing and Financial Details

  • Assessor Parcel Number 20612741310

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

6,142 Sq Ft Lot

Listing Details

  • Municipality: Beloit
  • Status Detail: Sold
  • Mailing City: Beloit
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 2 story
  • Miscellaneous: Close to bus line
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Units W Ac: 2

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached, 2 spaces
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 2365

Schools

  • Elementary School: Converse
  • High School: Memorial
  • Middle School: Mcneel
  • School District: Beloit

Lot Info

  • Estimated Aces: 0.141
  • Zoning: R-1B
  • Geo Subdivision: WI

Rental Info

  • Total Income: 10380

Tax Info

  • Net Taxes: 1765
  • Tax Year: 2014
  • Assessor Parcel Number: 20612741310

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2015
Closed on
Feb 23, 2016
Sold by
Engen Wayne Gordon and Engen Christine T
Bought by
Seller's Agent
Otis Johnson
RE/MAX Ignite
Buyer's Agent
Scott Sklare
South Central Non-Member
List Price
$59,900
Sold Price
$39,000
Premium/Discount to List
-$20,900
-34.89%
Current Estimated Value
$156,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,327
Avg. Annual Appreciation
14.14%
Original Mortgage
$31,200
Interest Rate
3.79%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Beloit, WI

  • Jonathan Gaspero Real Estate Agent - Compass Real Estate Wisconsin

    Jonathan Gaspero

    Compass Real Estate Wisconsin

    (608) 640-3845

    148 Total Sales

    5 in Beloit

    $160K - $225K Price Range

    Jonathan Gaspero
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  • Jennifer Elliott Real Estate Agent - EXIT Professional Real Estate

    Jennifer Elliott

    EXIT Professional Real Estate

    (608) 292-4204

    103 Total Sales

    7 in Beloit

    $100K - $220K Price Range

    Jennifer Elliott
     Section Image
  • Steve Mode Real Estate Agent - Wayne Hayes Real Estate LLC

    Steve Mode

    Responds Quickly

    Wayne Hayes Real Estate LLC

    (414) 250-7724

    87 Total Sales

    2 in Beloit

    $313K - $400K Price Range

    Steve Mode
     Section Image
  • Caitlin Schmidt Real Estate Agent - Realty Executives Premier

    Caitlin Schmidt

    Realty Executives Premier

    (608) 292-4177

    56 Total Sales

    4 in Beloit

    $130K - $305K Price Range

    Caitlin Schmidt
     Section Image
  • Jed Burk Real Estate Agent - Coldwell Banker Real Estate Group

    Jed Burk

    Coldwell Banker Real Estate Group

    (612) 482-5484

    54 Total Sales

    1 in Beloit

    $180,000 Price

    Jed Burk
     Section Image
  • Daron Lenzendorf Real Estate Agent - Powerhouse Team Realty

    Daron Lenzendorf

    Responds Quickly

    Powerhouse Team Realty

    (608) 292-3495

    62 Total Sales

    3 in Beloit

    $160K - $243K Price Range

    Daron Lenzendorf
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$39,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $245,000
Closed -- --
Closed Wisconsin Inv Rentals Llc $31,200
Closed Wisconsin Inv Rentals Llc $31,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $39,000 -34.9% $27 / Sq Ft
01/31/2016 01/31/16 Pending -- -- --
05/29/2015 05/29/15 For Sale $59,900 -- $41 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,568 $96,600 $14,500 $82,100
2024 $1,167 $96,600 $14,500 $82,100
2023 $1,347 $86,100 $14,500 $71,600
2022 $1,398 $86,100 $14,500 $71,600
2021 $1,912 $53,800 $10,400 $43,400
2020 $1,534 $53,800 $10,400 $43,400
2019 $1,637 $53,800 $10,400 $43,400
2018 $1,480 $53,800 $10,400 $43,400
2017 $1,479 $53,800 $10,400 $43,400
2016 $1,722 $66,100 $10,400 $55,700
2015 $1,829 $66,100 $10,400 $55,700
2014 $1,725 $66,100 $10,400 $55,700
2013 $1,725 $66,100 $10,400 $55,700
Source: Public Records

Agents Affiliated with this Home

  • Otis Johnson Real Estate Agent - RE/MAX

    Seller's Agent in 2016

    Otis Johnson

    RE/MAX

    (608) 931-8647

    140 Total Sales

    Otis Johnson
    Section Image

  • SS

    Buyer's Agent in 2016

    Scott Sklare

    South Central Non-Member

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1748764

South Central Wisconsin Multiple Listing Service

APN: 127-41310

Wisconsin Rock County Beloit 53511

1222 Lincoln Ave, Beloit, WI

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.

South Central Wisconsin Multiple Listing Service 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. Information is deemed reliable but not guaranteed.

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