NOT LISTED FOR SALE

140 Athens St Rio, WI 53960

Estimated Value: $301,852

3 Beds
2 Baths
1,340 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $225,000 $168 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,954/month

737 Days on Market

Highlights

  • Accessible Bedroom
  • Outdoor Storage
  • Laundry Facilities
  • Accessible Full Bathroom
  • Central Air

About This Home

As of May 2021

10 Unit Apartment in Rio. 2 - 1 bedroom apartments and 8 - 2 bedroom apartments. Wooded setting. Brick building. New parking lot in 2017. Great opportunity for affordable apartments. 4x8 storage unit with each apartment. Property is in the USDA Rural Development Low Income Housing Program and must remain until 2033. Please look at attached documents for more details on USDA Rural Development.

Last Agent to Sell the Property

Alex Pfister

Century 21 Affiliated Pfister License #8624-90 Listed on: 01/28/2019

Century 21 Affiliated Pfister

Co-Listed By

John Carter

Century 21 Affiliated Pfister License #90932-94

Last Buyer's Agent

JR Reynolds

Century 21 Affiliated Pfister License #57139-90 759-4

Century 21 Affiliated Pfister

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,655

Year Built

  • Built in 1983

Lot Details

  • 0.58

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Oven or Range

Partially Finished Basement

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

Parking

  • 13 Open Parking Spaces
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Rio Elementary And Middle School
  • Rio High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Water Softener Leased

Additional Features

  • Outdoor Storage
  • 0.58 Acre Lot

Community Details

  • 10 Units
  • Laundry Facilities
  • Net Operating Income $16,159

Listing and Financial Details

  • Assessor Parcel Number 11177-328.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,655

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Municipality: Rio
  • Status Detail: Sold
  • Mailing City: Rio
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: First floor bedroom, First floor full bath, Width of hallways 36"+, Door openings 29" or more
  • Miscellaneous: Shared laundry, Water Softener Rented
  • Noi Year: 2017
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard, Partially finished, Block foundation
  • Number Dryers: 2
  • Number Refrigerators: 10
  • Number Stoves: 10
  • Number Units W Ac: 10
  • Number Washers: 2
  • Number Water Heaters: 10

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Outside: 13

Utilities

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

Fee Information

  • Total Expenses: 35934

Schools

  • School District: Rio
  • Elementary School: Rio
  • Middle School: Rio
  • High School: Rio
  • Elementary School: Rio
  • High School: Rio
  • Middle School: Rio
  • School District: Rio

Lot Info

  • Estimated Aces: 0.58
  • Zoning: R-2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 52093

Tax Info

  • Land Assessment: 17400
  • Improvements: 139900
  • Total Assessment: 157300
  • Assessment year: 2019
  • Net Taxes: 3655
  • Tax Year: 2019
  • Assessor Parcel Number: 11177-328.01

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 8
  • Number Of Units: 10

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

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $225,000 -21.1% $168 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/28/2019 01/28/19 For Sale $285,000 -- $213 / 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 $3,749 $187,400 $27,900 $159,500
2023 $3,911 $187,400 $27,900 $159,500
2022 $3,504 $187,400 $27,900 $159,500
2021 $3,874 $157,300 $17,400 $139,900
2020 $3,743 $157,300 $17,400 $139,900
2019 $3,655 $157,300 $17,400 $139,900
2018 $3,596 $157,300 $17,400 $139,900
2017 $3,660 $157,300 $17,400 $139,900
2016 $3,555 $157,300 $17,400 $139,900
2015 $3,682 $157,300 $17,400 $139,900
2014 $3,439 $157,300 $17,400 $139,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1849180

South Central Wisconsin Multiple Listing Service

APN: 11177-328.01