NOT LISTED FOR SALE

1425 Cody Pkwy Platteville, WI 53818

8 Beds
8 Baths
5,120 Sq Ft
0.76 Acres

Last Sold January 31, 2023

Last sale price $1,200,000 $234 Per Sq Ft

7 Days on Market

Highlights

  • 0.76 Acre Lot
  • Wilkins Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of January 2023

Rare investor opportunity! 8 plex with four, 3 bed units, four, 2 bed units with open floor plans, all include laundry and 2 car garage. Buy and hold as income property or may be good candidate for condo conversion. Great rental history.

Last Agent to Sell the Property

Holly Lovell

Real Broker LLC License #87558-94 Listed on: 12/07/2022

Last Buyer's Agent

Karla Downing

First Weber Inc License #49502-94

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,976

Year Built

  • Built in 2010

Lot Details

  • 0.76

Parking

  • 8 Covered Spaces

Home Design

  • Vinyl Siding

Schools

  • Westview Elementary School
  • Platteville Middle School
  • Platteville High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Separate Water Meter

Additional Features

  • 2-Story Property
  • 0.76 Acre Lot

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 271-03050-0110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,976

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Municipality: Platteville
  • Status Detail: Sold
  • Mailing City: Platteville
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 8
  • Number Dryers: 8
  • Number Furnaces: 8
  • Number Refrigerators: 8
  • Number Stoves: 8
  • Number Units W Ac: 8
  • Number Washers: 8
  • Number Water Heaters: 8

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 8
  • Parking Stalls Outside: 8

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Attached
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Fee Information

  • Total Expenses: 45660

Schools

  • School District: Platteville
  • Elementary School: Westview
  • Middle School: Platteville
  • High School: Platteville
  • Elementary School: Westview
  • High School: Platteville
  • Middle School: Platteville
  • School District: Platteville

Lot Info

  • Estimated Aces: 0.76
  • Zoning: R3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 101556

Tax Info

  • Land Assessment: 48900
  • Improvements: 672400
  • Total Assessment: 721300
  • Assessment year: 2021
  • Net Taxes: 14976
  • Tax Year: 2021
  • Assessor Parcel Number: 271-03050-0110

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of3 Bedrooms: 4
  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Jan 31, 2023
Sold by
Platteville Prairie View Group Llc
Bought by
Hank Town Apartments Llc
Seller's Agent
Holly Lovell
Real Broker LLC
Buyer's Agent
Karla Downing
First Weber Inc
List Price
$1,150,000
Sold Price
$1,200,000
Premium/Discount to List
$50,000
4.35%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2010
Sold by
Cks Development Llc
Bought by
Platteville Prairie View Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,500
Interest Rate
5.11%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Hank Town Apartments Llc $1,200,000 --
Platteville Prairie View Group Llc $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hank Town Apartments Llc $2,200,000
Closed Hank Town Apartments Llc $1,080,000
Previous Owner Platteville Prairie View Group Llc $432,262
Previous Owner Platteville Prairie View Group Llc $643,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $1,200,000 +4.3% $234 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
12/07/2022 12/07/22 For Sale $1,150,000 -- $225 / 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 $18,213 $1,100,000 $48,900 $1,051,100
2023 $18,949 $949,900 $48,900 $901,000
2022 $18,237 $949,900 $48,900 $901,000
2021 $14,976 $721,300 $48,900 $672,400
2020 $15,186 $721,300 $48,900 $672,400
2019 $15,451 $721,300 $4,890 $67,240
2018 $15,348 $721,300 $48,900 $672,400
2017 $15,474 $679,500 $69,100 $610,400
2016 $15,528 $679,500 $69,100 $610,400
2015 $15,655 $679,500 $69,100 $610,400
2014 $15,558 $679,500 $69,100 $610,400
2013 $15,591 $679,500 $69,100 $610,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1947721

South Central Wisconsin Multiple Listing Service

APN: 271-03050-0110