NOT LISTED FOR SALE

125 Berkley Rd Verona, WI 53593

Estimated Value: $1,259,088

8 Beds
3 Baths
3,200 Sq Ft
$393/Sq Ft Est. Value

Last Sold January 15, 2013

Last sale price $615,000 $192 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $7,877/month

Highlights

  • 0.89 Acre Lot
  • Property is near a bus stop
  • Water Softener is Owned
  • Sugar Creek Elementary School Rated A-
  • Central Air
  • Laundry Facilities

About This Home

As of January 2013

1 owner 10 unit with a convienant, central location in Verona. Backs up to The Military Ridge Trail. Sits on .89 acres. Long term tenants. Many recent updates including 6 completely refurbished units that includes quality Westside Cabinets. Smoke free, pet free building. Strong Verona rental market. All units 2 bedrooms and approximately 800 square feet. Seller would prefer 1031 exchange but will entertain all possibilities.

Last Agent to Sell the Property

David Nelson

South Central Non-Member License #8446-90 Listed on: 09/28/2012

Last Buyer's Agent

David Nelson

South Central Non-Member License #8446-90 Listed on: 09/28/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,545

Year Built

  • Built in 1975

Lot Details

  • 0.89

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement Windows

Kitchen

  • Oven or Range
  • Dishwasher

Schools

  • Sugar Creek Elementary School
  • Badger Ridge Middle School
  • Verona High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • 0.89 Acre Lot
  • Property is near a bus stop

Community Details

  • 10 Units
  • Laundry Facilities
  • Net Operating Income $51,853

Listing and Financial Details

  • Assessor Parcel Number 0608-222-0889-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,545

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Municipality: Verona
  • Status Detail: Sold
  • Mailing City: Verona
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full size windows/Exposed
  • Number Dish Washers: 10
  • Number Dryers: 2
  • Number Units W Ac: 10
  • Number Washers: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel, Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 25247

Schools

  • Elementary School: Sugar Creek
  • High School: Verona
  • Middle School: Badger Ridge
  • School District: Verona

Lot Info

  • Estimated Aces: 0.89
  • Zoning: R
  • Lot Size: .89
  • Geo Subdivision: WI

Rental Info

  • Total Income: 77100

Tax Info

  • Net Taxes: 10545
  • Tax Year: 2012
  • Assessor Parcel Number: 0608-222-0889-1

Multi Family

  • Number Of2 Bedrooms: 10
  • Number Of Units: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2023
Sold by
East Avenue Properties Llc
Bought by
Mountainside Llc
Current Estimated Value
$1,259,088

Purchase Details

Listed on
Sep 28, 2012
Closed on
Jan 15, 2013
Sold by
Judd Jerry A and Judd Barbara A
Bought by
East Avenue Properties Llc
Seller's Agent
David Nelson
South Central Non-Member
Buyer's Agent
David Nelson
South Central Non-Member
List Price
$659,000
Sold Price
$615,000
Premium/Discount to List
-$44,000
-6.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.31%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Mountainside Llc $2,100,000 None Listed On Document
East Avenue Properties Llc $615,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner East Avenue Properties Llc $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2013 01/15/13 Sold $615,000 -6.7% $192 / Sq Ft
11/23/2012 11/23/12 Pending -- -- --
09/28/2012 09/28/12 For Sale $659,000 -- $206 / Sq Ft
Source: South Central 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 $15,048 $939,300 $297,300 $642,000
2023 $14,537 $801,700 $274,300 $527,400
2021 $14,904 $765,600 $254,700 $510,900
2020 $15,665 $765,600 $254,700 $510,900
2019 $12,245 $518,500 $252,000 $266,500
2018 $12,096 $518,500 $252,000 $266,500
2017 $11,697 $518,500 $252,000 $266,500
2016 $11,227 $518,500 $252,000 $266,500
2015 $11,231 $518,500 $252,000 $266,500
2014 $11,231 $518,500 $252,000 $266,500
2013 $10,689 $518,500 $252,000 $266,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    David Nelson

    South Central Non-Member

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1667614

South Central Wisconsin Multiple Listing Service

APN: 0608-222-0889-1

Wisconsin Dane County Verona 53593

125 Berkley Rd, Verona, WI

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