NOT LISTED FOR SALE

1225 12th Ave Unit 1227 Grafton, WI 53024

Estimated Value: $342,000 - $492,000

4 Beds
2 Baths
1,980 Sq Ft
$203/Sq Ft Est. Value

About This Home

Located in the heart of downtown Grafton, this fully updated mixed use duplex is a great investment for your real estate portfolio and/or living needs. The Stillery and Paramount Plaza are steps away along with all of what downtown Grafton has to offer. The Seller Improvement list and documents show that this property needs nothing, as it has been completely updated in the summer/fall of 2022. These improvements will allow the new owner to move in and live and/or rent the property immediately. If used as a commercial space, the layout in the first floor unit would allow for easy division of space that can be sectioned off for an office/small business. Garage spot for each of the units and a large backyard. Driveway is NOT shared with the neighboring property. This is a great opportunity!

Last Listed By

Sophia Barry

Compass RE WI-Northshore License #59608-90 Listed on: 12/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 1860

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • John Long Middle School
  • Grafton High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller's Personal Property, Staging Items.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,661

Year Built

Built in 1860

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 Ranges/Ovens, 2 Refrigerators, 2 Microwaves, Washer, Dryer, Water Softener (owned), Wrought Iron Antique Pump in yard.
  • Directions: Washington St (Hwy 60) to 12th Ave, south on 12th Ave to subject
  • New Construction: No
  • Year Built: 1860
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1225 12th AVE #1227
  • Lot Acreage: 0.14
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 1980.00

Exterior Features

  • Exclusions: Seller's Personal Property, Staging Items.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Grafton
  • Middle School: John Long
  • High School: Grafton
  • High School: Grafton
  • Junior High Dist: Grafton

Lot Info

  • Zoning: CBD
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 2661.38

MLS Schools

  • Middle School: John Long

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2022
Closed on
Feb 28, 2023
Sold by
K & G Real Properties Llc
Bought by
Reuel Kagamba Muiruri
Seller's Agent
Sophia Barry
Compass RE WI-Northshore
Buyer's Agent
Sophia Barry
Compass RE WI-Northshore
List Price
$399,900
Sold Price
$374,500
Premium/Discount to List
-$25,400
-6.35%
Total Days on Market
50
Views
53
Current Estimated Value
$402,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,820
Avg. Annual Appreciation
-0.48%

Purchase Details

Closed on
Nov 1, 2007
Sold by
Ajkf Grafton Llc
Bought by
K & G Real Properties Llc

Purchase Details

Closed on
May 9, 2007
Sold by
Kleman Arthur A
Bought by
Ajkf Grafton Llc

Purchase Details

Closed on
Feb 7, 2006
Sold by
Kleman Arthur A
Bought by
Kleman Arthur Kleman and Kleman Arthur A

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
Reuel Kagamba Muiruri $374,500 Attorneys Title Amy
K & G Real Properties Llc $183,000 Land Title Services Inc
Ajkf Grafton Llc $165,500 None Available
Kleman Arthur A $165,500 None Available
Kleman Arthur Kleman $158,700 None Available
Kleman Arthur A -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2023 04/02/23 Off Market $374,500 -- --
02/20/2023 02/20/23 Pending -- -- --
01/29/2023 01/29/23 Price Changed $374,500 -6.4% $189 / Sq Ft
01/01/2023 01/01/23 For Sale $399,900 -- $202 / Sq Ft
Source: Metro MLS

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 $3,951 $230,100 $81,000 $149,100
2023 $3,360 $209,600 $81,000 $128,600
2022 $2,554 $160,400 $81,000 $79,400
2021 $2,661 $160,400 $81,000 $79,400
2020 $2,683 $160,400 $81,000 $79,400
2019 $2,910 $136,300 $58,500 $77,800
2018 $2,865 $136,300 $58,500 $77,800
2017 $2,890 $136,300 $58,500 $77,800
2016 $2,710 $136,300 $58,500 $77,800
2015 $2,701 $136,300 $58,500 $77,800
2014 $2,695 $136,300 $58,500 $77,800
2013 $3,207 $164,900 $65,000 $99,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1820855

Metro MLS

APN: 100601003000