NOT LISTED FOR SALE

123 N Franklin St Port Washington, WI 53074

Estimated Value: $1,164,789

-- Bed
-- Bath
15,140 Sq Ft
$77/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $675,000 $45 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,335/month

132 Days on Market

Highlights

  • Display Windows
  • Central Air
  • 2-minute walk to Rotary Park
  • Lincoln Elementary School Rated A-

About This Home

As of August 2017

Never did you think an Opportunity would come along like this One! Great investor/developer opportunity.Heres your perfect chance to own an attractive well maintained building in the heart of a fast growing picturesque community on an extensive harbor area.Incredible visibility on Port Washingtons busiest downtown streets.100% occupancy & Great Cash Flow.Currently 8 tenants renting all 12 units.(One well established tenant for over 42 yrs).Leases & month to month.Extensive recent updates-all electric,windows,siding, exterior/interior painting to name a few

Last Agent to Sell the Property

Tom Didier

RE/MAX United - Port Washington License #48026-90 Listed on: 01/18/2017

RE/MAX United - Port Washington

Last Buyer's Agent

Tom Didier

RE/MAX United - Port Washington License #48026-90 Listed on: 01/18/2017

RE/MAX United - Port Washington

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,959

Lot Details

  • 7,841 Sq Ft Lot
  • Property fronts a state road

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 15,140 Sq Ft Home
  • Display Windows

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air

Listing and Financial Details

  • Exclusions: Seller's and Tenant's Personal Property.
  • Assessor Parcel Number 160982501001

Property Details

Property Type

Other

Est. Annual Taxes

$10,959

Lot Details

0

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 0.18
  • Road Frontage Type: Town/City Road, State Road, High Visibility, Paved Road, Near Public Transit
  • Directions: From south,take Hwy 32 Exit #93.Turn right & stay on Hwy 32 though downtown Port to property.From north,take I-43 exit #100.Turn left & stay on Wisconsin St. to downtown to property. Franklin & Main.
  • Special Features: None

Interior Features

  • Has Basement: Full, Walk Out/Outer Door

Exterior Features

  • Exclusions: Seller's and Tenant's Personal Property.
  • Construction Type: Brick, Partial-Stone, Part-Fiber Cement
  • Roof: Rubber

Utilities

  • Green Building Features: Display Window, Rest Rooms
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 160982501001

Tax Info

  • Tax Annual Amount: 10959.07
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2017
Closed on
Aug 4, 2017
Sold by
Franklin Street Building Llc
Bought by
Auric Properties Llc
Seller's Agent
Tom Didier
RE/MAX United - Port Washington
Buyer's Agent
Tom Didier
RE/MAX United - Port Washington
Sold Price
$675,000
Current Estimated Value
$1,164,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,789
Avg. Annual Appreciation
7.15%
Original Mortgage
$667,155
Outstanding Balance
$560,661
Interest Rate
3.96%
Mortgage Type
Commercial
Estimated Equity
$604,128

Purchase Details

Closed on
Dec 28, 2007
Sold by
Biever Frances Fam Trust
Bought by
Franklin Street Building Llc
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
Auric Properties Llc $675,000 Knight Barry Title
Franklin Street Building Llc $513,600 --
Biever Frances Fam Trust $513,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Auric Properties Llc $49,774
Open Auric Properties Llc $667,155
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $675,000 -- $45 / 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 $10,446 $634,900 $90,200 $544,700
2023 $10,629 $634,900 $90,200 $544,700
2022 $10,747 $634,900 $90,200 $544,700
2021 $10,608 $634,900 $90,200 $544,700
2020 $11,300 $537,800 $81,300 $456,500
2019 $11,596 $537,800 $81,300 $456,500
2018 $11,247 $537,800 $81,300 $456,500
2017 $10,914 $537,800 $81,300 $456,500
2016 $10,959 $537,800 $81,300 $456,500
2015 $9,780 $537,800 $81,300 $456,500
2014 $9,184 $537,800 $81,300 $456,500
2013 $9,778 $537,800 $81,300 $456,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1510273

Metro MLS

APN: 160982501001