$317,000
SOLD AUG 22, 2025

124 S 5th St Delavan, WI 53115

-- Bed
-- Bath
1,656 Sq Ft
0.31 Acres

Recently Sold

$191 Per Sq Ft

2% Below List Price

12 Days on Market

About This Home

As of August 2025

Located in the heart of Delavan, this Triplex is an excellent Investment Opportunity! Rent out all three units or owner-occupy! Private entrances for all three units. The 3rd unit is an efficient apartment and collects $500 a month. The three units are currently rented out on a month-to-month basis, and tenants would love to stay. The lower unit features a first-floor laundry, newer flooring, and some newer windows and mechanical systems throughout. Tenant maintains grass and snow removal. Sold in ''AS IS'' condition.

Last Agent to Sell the Property

Suanne Riley

Riley Real Estate Group License #60069-90 Listed on: 07/09/2025

Last Buyer's Agent

MetroMLS NON

NON MLS

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,061

Lot Details

  • 0.31 Acre Lot

Home Design

  • Stucco Exterior

Interior Spaces

  • 1,656 Sq Ft Home
  • Partial Basement

Schools

  • Phoenix Middle School
  • Delavan-Darien High School

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, heat, gas
  • The owner pays for water
  • Assessor Parcel Number XP00010

Property Details

Property Type

Other

Est. Annual Taxes

$3,061

Lot Details

0

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.31
  • Directions: Follow GPS
  • Property Information:Est Total Sq Ft: 1656
  • Special Features: None

Interior Features

  • Owner Pays: Water
  • Has Basement: Partial

Exterior Features

  • Construction Type: Stucco, Wood

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Space, Paved Driveway, Driveway Entrance
  • Garage Type: None

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Delavan-Darien
  • High School: Delavan-Darien
  • Middle Or Junior School: Phoenix

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Parcel #: XP00010

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3061
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Aug 11, 2025
Sold by
Bushy 124 Llc
Bought by
Jdkj Llc
Seller's Agent
Suanne Riley
Riley Real Estate Group
Buyer's Agent
MetroMLS NON
NON MLS
List Price
$324,900
Sold Price
$317,000
Premium/Discount to List
-$7,900
-2.43%
Views
15
Current Estimated Value
$309,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,576
Avg. Annual Appreciation
-6.33%
Original Mortgage
$237,750
Outstanding Balance
$237,545
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$71,879

Purchase Details

Closed on
Feb 11, 2014
Sold by
Busch David P and Busch Jacquelyn S
Bought by
Bushy 124 Llc

Purchase Details

Closed on
Sep 11, 2013
Sold by
Bushy 124 Llc
Bought by
Busch David P and Busch Jacquelyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2009
Sold by
First Banking Center
Bought by
Bushy 124 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.85%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 21, 2008
Sold by
Titan Property Holdings Inc
Bought by
First Banking Center
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $317,000 Fidelity Title
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $80,000 None Available
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,750 New Conventional
Previous Owner $101,000 New Conventional
Previous Owner $110,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2025 08/22/25 Sold $317,000 -2.4% $191 / Sq Ft
07/09/2025 07/09/25 For Sale $324,900 -- $196 / 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 $3,062 $207,500 $33,500 $174,000
2023 $2,350 $107,200 $20,400 $86,800
2022 $2,320 $107,200 $20,400 $86,800
2021 $2,304 $107,200 $20,400 $86,800
2020 $2,386 $107,200 $20,400 $86,800
2019 $2,399 $107,200 $20,400 $86,800
2018 $2,159 $107,200 $20,400 $86,800
2017 $2,690 $117,200 $22,900 $94,300
2016 $2,709 $117,200 $22,900 $94,300
2015 $2,872 $117,200 $22,900 $94,300
2014 $3,240 $117,200 $22,900 $94,300
2013 $3,240 $117,200 $22,900 $94,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1925666

Metro MLS

APN: XP00010