NOT LISTED FOR SALE

1420 Riverview Dr Black Earth, WI 53515

Estimated Value: $1,481,360

4 Beds
4 Baths
1,900 Sq Ft
$780/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $888,000 $467 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,842/month

61 Days on Market

Highlights

  • 1.14 Acre Lot
  • Open Floorplan
  • Level Entry For Accessibility
  • Wisconsin Heights Elementary School Rated 9+
  • Eat-In Kitchen
  • Accessible Bedroom

About This Home

As of March 2019

INVESTMENT OPPORTUNITY...16 Unit Ranch-style Apartment Complex! Each Unit Features 1 Bedroom, 1 Bath + Kitchen & Living Room Area! Laundry on-site! Gathering Area & Huge Common Room with Kitchenette that walks out to Patio Area! New Roof in 2008, 2 New Boilers in 2016, New Hot Water Heater in 2015! 16 Stoves, 16 Refrigerators, 16 Wall Air Conditioner Units! Tenant pays electricity. Owner pays heat, water & sewer. YOU CAN'T BUILD THIS FOR WHAT IT'S LISTED AT! Rent is approximately $625/month per unit.

Last Agent to Sell the Property

Judy Acker Maly

RE/MAX Preferred License #50866-90 Listed on: 09/21/2018

RE/MAX Preferred

Last Buyer's Agent

Robert Lange

Our House Realty Inc. License #52866-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,316

Year Built

  • Built in 1982

Lot Details

  • 1.14 Acre Lot
  • Level Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 16 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility
  • Low Pile Carpeting

Schools

  • Wis Height Elementary School
  • Wisconsin Heights Middle School
  • Wisconsin Heights High School

Utilities

  • Central Air
  • Separate Meters
  • Individual Controls for Heating

Community Details

  • 16 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 080626299250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,316

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Municipality: Black Earth
  • Status Detail: Sold
  • Mailing City: Black Earth
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 1 story
  • Barrier Free: Open floor plan, Ramped or level entrance, First floor bedroom, First floor full bath, Level drive, Level lot, Low pile or no carpeting
  • Items Excluded: Tenant's & seller's personal property (no water softener)
  • Items Included: 16 refrigerators, 16 stoves, 2 washers + 1 dryer (coin-operated), 16 wall air conditioners
  • Miscellaneous: Shared laundry
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 1
  • Number Units W Ac: 16
  • Number Washers: 2

Exterior Features

  • Exterior: Aluminum/Steel, Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Parking Stalls Outside: 16

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, 2 spaces, Outside
  • Utilities: Separate elec meters

Schools

  • Elementary School: Wis Height
  • High School: Wisconsin Heights
  • Middle School: Wisconsin Heights
  • School District: Wisconsin Heights

Lot Info

  • Estimated Aces: 1.14
  • Zoning: Commercial
  • Geo Subdivision: WI

Rental Info

  • Total Income: 10000

Tax Info

  • Net Taxes: 19316
  • Tax Year: 2017
  • Assessor Parcel Number: 080626299250

Multi Family

  • Number Of1 Bedrooms: 16
  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Mar 8, 2019
Sold by
Willow Parkside Partnership
Bought by
Dane County Housing Authority
Seller's Agent
Judy Acker Maly
RE/MAX Preferred
Buyer's Agent
Robert Lange
Our House Realty Inc.
List Price
$944,900
Sold Price
$888,000
Premium/Discount to List
-$56,900
-6.02%
Current Estimated Value
$1,481,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,360
Avg. Annual Appreciation
8.00%
Original Mortgage
$843,600
Outstanding Balance
$741,668
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$739,692
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dane County Housing Authority $888,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dane County Housing Authority $843,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2019 03/08/19 Sold $888,000 -6.0% $467 / Sq Ft
09/21/2018 09/21/18 For Sale $944,900 -- $497 / 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 $601 -- -- --
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $19,022 $882,500 $120,000 $762,500
2018 $18,217 $882,500 $120,000 $762,500
2017 $19,317 $882,500 $120,000 $762,500
2016 $21,441 $882,500 $120,000 $762,500
2015 $19,169 $894,000 $61,300 $832,700
2014 $21,295 $894,000 $61,300 $832,700
2013 $17,305 $894,000 $61,300 $832,700
Source: Public Records

Agents Affiliated with this Home

  • Judy Acker Maly

    Seller's Agent in 2019

    Judy Acker Maly

    RE/MAX

    (608) 212-2000

    1 in this area

    330 Total Sales

    Judy Acker Maly
    Section Image

  • R

    Buyer's Agent in 2019

    Robert Lange

    Our House Realty Inc.

    (608) 290-1000

    21 Total Sales

    Robert Lange
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1842192

South Central Wisconsin Multiple Listing Service

APN: 0806-262-9925-0

Wisconsin Dane County Black Earth 53515

1420 Riverview Dr, Black Earth, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes