NOT LISTED FOR SALE

1905 State Road 35 Somerset, WI 54025

Estimated Value: $413,000 - $466,651

1.35 Acres
$323,269 Price per Acre
58,806 Sq Ft Lot

Last Sold September 10, 2013

Last sale price $43,000

Est. 915% increase in value since last sale

Current estimated payment $2,301/month

157 Days on Market

Highlights

  • 1.35 Acre Lot
  • Corner Lot
  • Agricultural

About This Lot

As of September 2013

Very visable corner commercial lot on US Hwy 35. Zoning is highway commercial and regulations are attached by a supplement. Lot has been surveyed and consisted of 4 seperate lots.

Last Agent to Sell the Property

Patrice Wernlund

Edina Realty, Inc. Listed on: 12/07/2012

Co-Listed By

Mark Johnson

Edina Realty, Inc.

Last Buyer's Agent

James Moe

WESTconsin Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $60

Lot Details

  • 1.35 Acre Lot
  • Corner Lot
  • Finished Lot(s)

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 181410902000

Property Details

Property Type

Land

Est. Annual Taxes

$60

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Parcel Number: 181410902000
  • Projected Closed Date: 09/10/2013
  • Estimated Number of Acres: 1.35
  • Additional Information: Survey
  • Development: Yes
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: City Water, Electric, Natural Gas

Lot Info

  • Lot/Land Description: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Arbor Hills Investments Llc
Bought by
Gilkerson Richard and Gilkerson Mary
Current Estimated Value
$436,413

Purchase Details

Closed on
Jul 5, 2017
Sold by
Brs Real Estate Llc
Bought by
Arbor Hills Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,901
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 7, 2012
Closed on
Sep 10, 2013
Sold by
Central Bank
Bought by
Brs Real Estate Llc
Seller's Agent
Patrice Wernlund
Edina Realty, Inc.
Buyer's Agent
James Moe
WESTconsin Realty LLC
List Price
$75,000
Sold Price
$43,000
Premium/Discount to List
-$32,000
-42.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.05%
Original Mortgage
$220,000
Interest Rate
4.38%
Mortgage Type
Purchase Money 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
Gilkerson Richard $13,000 St Croix County Abstract & Tit
Arbor Hills Investments Llc $350,000 Westconsin Title
Brs Real Estate Llc $43,000 St Croix County Abstract & T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arbor Hills Investments Llc $136,901
Previous Owner Brs Real Estate Llc $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2013 09/10/13 Sold $43,000 -42.7% --
05/13/2013 05/13/13 Pending -- -- --
12/07/2012 12/07/12 For Sale $75,000 -- --
Source: REALTOR® Association of Southern Minnesota

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 $60 $323,500 $70,500 $253,000
2023 $5,841 $323,500 $70,500 $253,000
2022 $5,546 $323,500 $70,500 $253,000
2021 $5,504 $323,500 $70,500 $253,000
2020 $6,406 $323,500 $70,500 $253,000
2019 $6,715 $255,500 $70,500 $185,000
2018 $6,219 $255,500 $70,500 $185,000
2017 $6,113 $255,500 $70,500 $185,000
2016 $6,113 $255,500 $70,500 $185,000
2015 $6,195 $255,500 $70,500 $185,000
2014 $2,526 $110,500 $70,500 $40,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Patrice Wernlund

    Edina Realty, Inc.

  • M

    Seller Co-Listing Agent in 2013

    Mark Johnson

    Edina Realty, Inc.

  • J

    Buyer's Agent in 2013

    James Moe

    WESTconsin Realty LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4423655

REALTOR® Association of Southern Minnesota

APN: 181-4109-06-000

Wisconsin St Croix County Somerset 54025

1905 State Road 35, Somerset, WI

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