NOT LISTED FOR SALE

1623 East St Black Earth, WI 53515

Estimated Value: $747,695

8 Beds
4 Baths
2,545 Sq Ft
$294/Sq Ft Est. Value

Last Sold March 02, 2012

Last sale price $320,000 $126 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $4,938/month

Highlights

  • Eat-In Kitchen
  • Central Air
  • Laundry Facilities
  • Wisconsin Heights Elementary School Rated 9+
  • Family Room

About This Home

As of March 2012

Well taken care of 8-unit! Each unit with 2 bdrms, one full bath, lots of windows and light. Many units have been remodeled in the last few years! New roof in 2008! Located on a quiet side street in the cozy village of Black Earth. Big yard & mature trees on the lot makes this a desireable place for tenants to call home.. Long term renters! Gross scheduled rents are $60,780

Last Agent to Sell the Property

Heidi Kopras

Restaino & Associates License #71284-94 Listed on: 08/26/2010

Restaino & Associates

Last Buyer's Agent

Heidi Kopras

Restaino & Associates License #71284-94 Listed on: 08/26/2010

Restaino & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.36

Parking

  • Outside Parking

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Schools

  • Call School District Elementary And Middle School
  • Wisconsin Heights High School

Utilities

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

Community Details

  • 8 Units
  • Laundry Facilities
  • Net Operating Income $33,354

Listing and Financial Details

  • Assessor Parcel Number 0806-264-5315-4

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

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
  • Miscellaneous: Shared laundry, Water Softener Rented
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Units W Ac: 8
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

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

Fee Information

  • Total Expenses: 19340

Schools

  • Elementary School: Call School District
  • High School: Wisconsin Heights
  • Middle School: Call School District
  • School District: Wisconsin Heights

Lot Info

  • Zoning: Lister
  • Geo Subdivision: WI

Rental Info

  • Total Income: 60780

Tax Info

  • Net Taxes: 8085
  • Tax Year: 2010
  • Assessor Parcel Number: 0806-264-5315-4

Multi Family

  • Number Of2 Bedrooms: 8
  • Number Of Efficiencies: 8
  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2010
Closed on
Mar 2, 2012
Sold by
Cowbel Enterprises Llc
Bought by
Drager Brian
Seller's Agent
Heidi Kopras
Restaino & Associates
Buyer's Agent
Heidi Kopras
Restaino & Associates
List Price
$395,000
Sold Price
$320,000
Premium/Discount to List
-$75,000
-18.99%
Current Estimated Value
$747,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,695
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Jul 31, 2008
Sold by
Cowan Steven N
Bought by
Cowbel Enterprises Llc
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
Drager Brian $320,000 Dane County Title Company
Cowbel Enterprises Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2012 03/02/12 Sold $320,000 -19.0% $126 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
08/26/2010 08/26/10 For Sale $395,000 -- $155 / 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 $12,054 $769,000 $140,000 $629,000
2023 $12,143 $481,000 $120,000 $361,000
2021 $11,863 $481,000 $120,000 $361,000
2020 $11,077 $481,000 $120,000 $361,000
2019 $10,333 $481,000 $120,000 $361,000
2018 $9,591 $481,000 $120,000 $361,000
2017 $9,885 $481,000 $120,000 $361,000
2016 $10,737 $481,000 $120,000 $361,000
2015 $9,915 $469,000 $112,000 $357,000
2014 $10,200 $469,000 $112,000 $357,000
2013 $7,760 $469,000 $112,000 $357,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1604174

South Central Wisconsin Multiple Listing Service

APN: 0806-264-5315-4