NOT LISTED FOR SALE

1722 Chapman Ave Beloit, WI 53511

Estimated Value: $97,000 - $150,000

2 Beds
1 Bath
672 Sq Ft
$175/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $2,732,613 $4,066 Per Sq Ft

Current estimated payment $734/month

15 Days on Market

About This Home

As of November 2022

There is to be "no showings or viewings" of properties until under contract. ATTENTION INVESTORS! TREMENDOUS INVESTMENT OPPORTUNITY IN BELOIT WI. READY TO ADD TO YOUR PORTFOLIO ... OR START A NEW ONE.! THERE ARE (32) FULLY RENTED PROPERTIES (and one vacant lot) ALL LOCATED IN BELOIT WI. ... WITH A GROSS MONTHLY INCOME OF $32,750. ALL MUST BE SOLD AS A PACKAGE. INCLUDED ARE (8) 2 UNITS, (1) 4 UNIT, (1) 7 UNIT & (22) SINGLE FAMILY HOMES. SERIOUS INQUIRIES ONLY. SEE ATTACHED DOCS FOR MORE INFO & FINANCIALS.

Last Agent to Sell the Property

Mike Rorabeck

Century 21 Affiliated License #31869-94 Listed on: 09/02/2022

Century 21 Affiliated

Last Buyer's Agent

Joseph Voell

RE/MAX Preferred Commercial License #75924-94

RE/MAX Preferred Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,676

Lot Details

  • 4.9 Acre Lot

Parking

  • 31 Covered Spaces

Home Design

Schools

  • Call School District Elementary School
  • Aldrich Middle School
  • Memorial High School

Community Details

  • 32 Units

Listing and Financial Details

  • Assessor Parcel Number 12511080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,676

Lot Details

0

Listing Details

  • Municipality: Beloit
  • Status Detail: Sold
  • Mailing City: Beloit
  • Class: Multi Family
  • Type: Multi Family
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Furnaces: 35
  • Number Refrigerators: 32
  • Number Stoves: 32
  • Number Water Heaters: 43

Garage/Parking

  • Parking Stalls Inside: 31

Schools

  • School District: Beloit
  • Elementary School: Call School District
  • Middle School: Aldrich
  • High School: Memorial
  • Elementary School: Call School District
  • High School: Memorial
  • Middle School: Aldrich
  • School District: Beloit

Lot Info

  • Estimated Aces: 4.9
  • Zoning: R-1b
  • Geo Subdivision: WI

Rental Info

  • Total Income: 393000

Tax Info

  • Land Assessment: 253600
  • Improvements: 1052700
  • Total Assessment: 1306500
  • Assessment year: 2021
  • Net Taxes: 35676
  • Tax Year: 2021
  • Assessor Parcel Number: 12511080

Multi Family

  • Number Of1 Bedrooms: 6
  • Number Of2 Bedrooms: 16
  • Number Of3 Bedrooms: 20
  • Number Of Units: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Dec 6, 2022
Sold by
Ss Property Rentals Llc
Bought by
Gruber Homes Llc
Seller's Agent
Mike Rorabeck
Century 21 Affiliated
Buyer's Agent
Joseph Voell
RE/MAX Preferred Commercial
List Price
$2,732,613
Sold Price
$2,732,613
Views
14
Current Estimated Value
$117,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,614,921
Avg. Annual Appreciation
-67.93%
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
Gruber Homes Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $2,732,613 0.0% $4,066 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $2,732,613 -- $4,066 / 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 $1,121 $92,900 $9,300 $83,600
2023 $1,023 $65,900 $10,300 $55,600
2022 $1,060 $65,900 $10,300 $55,600
2021 $1,223 $39,500 $7,400 $32,100
2020 $1,107 $39,500 $7,400 $32,100
2019 $1,059 $39,500 $7,400 $32,100
2018 $1,066 $39,500 $7,400 $32,100
2017 $1,708 $39,500 $7,400 $32,100
2016 $1,223 $39,500 $7,400 $32,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1942833

South Central Wisconsin Multiple Listing Service

APN: 125-11080