Seller's Agent in 2025
Jo Ferraro
EXP Realty, LLC
(608) 445-2287
10 in this area
1,042 Total Sales
1431 E Main St Watertown, WI 53094
--
Bed
--
Bath
2,016
Sq Ft
6,098
Sq Ft Lot
About This Home
As of March 2025This turnkey two-flat duplex offers an unbeatable opportunity for investors or owner-occupants. Each unit features 2 bedrooms and 1 bathroom with a spacious layout tenants will appreciate. Conveniently located near downtown Watertown, tenants enjoy easy access to shopping, dining, and everyday essentials. Recent updates include a new roof, updated windows, and a sump pump, ensuring long-term durability and low-maintenance ownership. Plus, there’s room for value-add improvements to enhance the property’s appeal and increase rental income to match market rates. Both Leases are MTM.
Last Agent to Sell the Property
EXP Realty, LLC Brokerage Phone: 608-838-1377 Listed on: 11/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,604
Year Built
- Built in 1966
Lot Details
- 6,098 Sq Ft Lot
Home Design
- Duplex
- Brick Exterior Construction
- Wood Siding
Kitchen
- Oven or Range
- Dishwasher
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Block Basement Construction
Parking
- 4 Open Parking Spaces
- Outside Parking
Schools
- Call School District Elementary School
- Riverside Middle School
- Watertown High School
Utilities
- Central Air
- Separate Meters
- Individual Controls for Heating
- Separate Water Meter
Community Details
- 2 Units
- Net Operating Income $18,000
Listing and Financial Details
- Assessor Parcel Number 291-0815-0324-043
- $7,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2024
Closed on
Feb 28, 2025
Sold by
Bajwa Gurpreet S
Bought by
Kelnhofer Brian
Seller's Agent
Jo Ferraro
EXP Realty, LLC
Buyer's Agent
Jonathan Gaspero
Compass Real Estate Wisconsin
List Price
$200,000
Sold Price
$220,000
Premium/Discount to List
$20,000
10%
Views
81
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,811
Avg. Annual Appreciation
13.23%
Original Mortgage
$220,000
Outstanding Balance
$219,095
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$14,716
Purchase Details
Listed on
Apr 17, 2023
Closed on
Jun 1, 2023
Sold by
Curia Joseph Dj and Curia Tiffany D.
Bought by
Bajwa Gurpreet S
Seller's Agent
Patti Jo Craig
Homes By Patti Jo
Buyer's Agent
Patti Jo Craig
Homes By Patti Jo
List Price
$195,000
Views
169
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $220,000 | Wisconsin Title | |
| Warranty Deed | $184,250 | Fidelity Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $220,000 | New Conventional | |
| Previous Owner | $108,900 | New Conventional | |
| Previous Owner | $118,500 | New Conventional | |
| Previous Owner | $15,800 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Sold | $220,000 | +10.0% | $109 / Sq Ft |
| 12/04/2024 12/04/24 | For Sale | $200,000 | -9.1% | $99 / Sq Ft |
| 11/25/2024 11/25/24 | Off Market | $220,000 | -- | -- |
| 11/22/2024 11/22/24 | For Sale | $200,000 | +2.3% | $99 / Sq Ft |
| 06/04/2023 06/04/23 | Off Market | $195,500 | -- | -- |
| 05/20/2023 05/20/23 | Pending | -- | -- | -- |
| 04/17/2023 04/17/23 | Price Changed | $195,500 | +0.3% | $97 / Sq Ft |
| 04/17/2023 04/17/23 | For Sale | $195,000 | -- | $97 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $2,728 | $184,300 | $43,200 | $141,100 |
| 2023 | $3,604 | $203,700 | $33,000 | $170,700 |
| 2022 | $3,817 | $203,700 | $33,000 | $170,700 |
| 2021 | $3,751 | $144,500 | $26,500 | $118,000 |
| 2020 | $3,767 | $144,500 | $26,500 | $118,000 |
| 2019 | $3,563 | $144,500 | $26,500 | $118,000 |
| 2018 | $3,465 | $144,500 | $26,500 | $118,000 |
| 2017 | $3,293 | $144,500 | $26,500 | $118,000 |
| 2016 | $3,252 | $144,500 | $26,500 | $118,000 |
| 2015 | $3,211 | $144,500 | $26,500 | $118,000 |
| 2014 | $3,256 | $144,500 | $26,500 | $118,000 |
| 2013 | $3,317 | $144,500 | $26,500 | $118,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jo Ferraro
-
Jonathan Gaspero
Buyer's Agent in 2025
Jonathan Gaspero
Compass Real Estate Wisconsin
(608) 852-5656
2 in this area
112 Total Sales
-
P
Seller's Agent in 2023
Patti Jo Craig
Homes By Patti Jo
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1989965
APN: 291-0815-0324-043
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