NOT LISTED FOR SALE

150 E Main St Merrimac, WI 53561

Estimated Value: $180,000 - $262,000

5 Beds
2 Baths
2,003 Sq Ft
$109/Sq Ft Est. Value

Last Sold December 04, 2017

Last sale price $95,000 $47 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,301/month

Highlights

  • Accessible Bedroom
  • Central Air
  • Level Lot
  • Accessible Full Bathroom
  • Laundry Facilities

About This Home

As of December 2017

Investment opportunity located in Merrimac. 2 flat home with large storage building. Each unit has its own entry and shared laundry. Rent out both units or owner occupy. Great rental history! Property being sold as-is. WWW.LAKEWISCONSIN.COM

Last Agent to Sell the Property

Scott Elert

RE/MAX Preferred License #43011-94 Listed on: 09/12/2017

RE/MAX Preferred

Co-Listed By

Craig Michel

RE/MAX Preferred License #75509-94

Last Buyer's Agent

Jay Boyd

RE/MAX Preferred License #77595-94

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,623

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Press Board Siding

Parking

  • 2 Open Parking Spaces
  • 3 Covered Spaces
  • Driveway Level
  • On-Street Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Call School District Elementary School
  • Sauk Prairie Middle School
  • Sauk Prairie High School

Utilities

  • Central Air
  • Separate Meters

Additional Features

  • Oven or Range
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 151-0011-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,623

Lot Details

0

Listing Details

  • Municipality: Merrimac
  • Status Detail: Sold
  • Mailing City: Merrimac
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot
  • Items Included: 2 stoves, 2 refrigerators, 1 microwave, All window blinds and drapes, 2 washers, 1 dryer
  • Miscellaneous: Shared laundry
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Heaters: 1

Exterior Features

  • Exterior: Pressed board

Garage/Parking

  • Heating Fuel: Electric
  • Parking Stalls Inside: 3
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached
  • Utilities: Separate elec meters

Schools

  • School District: Sauk Prairie
  • Elementary School: Call School District
  • Middle School: Sauk Prairie
  • High School: Sauk Prairie
  • Elementary School: Call School District
  • High School: Sauk Prairie
  • Middle School: Sauk Prairie
  • School District: Sauk Prairie

Lot Info

  • Estimated Aces: 0.29
  • Zoning: RES
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 28200
  • Improvements: 64300
  • Total Assessment: 92500
  • Assessment year: 2016
  • Net Taxes: 1623
  • Tax Year: 2016
  • Assessor Parcel Number: 151-0011-00000

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Dec 4, 2017
Sold by
Fandrich Michelle L
Bought by
Best Dawn M
Seller's Agent
Scott Elert
RE/MAX Preferred
Buyer's Agent
Jay Boyd
RE/MAX Preferred
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Current Estimated Value
$218,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,787
Avg. Annual Appreciation
11.21%
Original Mortgage
$73,000
Outstanding Balance
$61,364
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$157,423

Purchase Details

Closed on
Jul 5, 2016
Sold by
Fandrich Wmichelle L and Joseph A Raschka Living Trust
Bought by
Irrevocabl Frandrich Michelle L and Irrevocabl Michelle L Fandrich

Purchase Details

Closed on
Apr 20, 2016
Sold by
Raschka Joseph A
Bought by
Raschka Josep A and The Joseph A Raschka Living Tr

Purchase Details

Closed on
Jan 14, 2009
Sold by
Jiran Frank J
Bought by
Rashka Joseph A
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
Best Dawn M $235,000 None Available
Irrevocabl Frandrich Michelle L -- None Available
Raschka Josep A -- None Available
Rashka Joseph A $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Best Dawn M $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2017 12/04/17 Sold $95,000 -4.9% $47 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $99,900 -- $50 / 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 $1,695 $102,000 $31,300 $70,700
2023 $1,668 $102,000 $31,300 $70,700
2022 $1,829 $102,000 $31,300 $70,700
2021 $1,702 $102,000 $31,300 $70,700
2020 $1,671 $102,000 $31,300 $70,700
2019 $1,474 $102,000 $31,300 $70,700
2018 $1,493 $102,000 $31,300 $70,700
2017 $1,626 $102,000 $31,300 $70,700
2016 $1,623 $92,500 $28,200 $64,300
2015 $1,651 $92,500 $28,200 $64,300
2014 $1,560 $92,500 $28,200 $64,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1814300

South Central Wisconsin Multiple Listing Service

APN: 151-0011-00000