NOT LISTED FOR SALE

200 S Silver Lake St Oconomowoc, WI 53066

Estimated Value: $430,219

Studio
-- Bath
4,172 Sq Ft
$103/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $365,000 $87 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,517/month

87 Days on Market

Highlights

  • Display Windows
  • Central Air
  • 2-minute walk to City Beach Park
  • Park Lawn Elementary School Rated A
  • Carpet

About This Home

As of January 2024

Opportunity knocks at this multi-use, fully occupied commercial building in downtown Oconomowoc with both commercial/retail and residential space. With a convenient, central location nearby local amenities and on a highly visible roadway - this site is a fantastic spot in a thriving city. New roof in 2023.

Last Agent to Sell the Property

Mike Herro

Oconomowoc Realty LLC License #29089-90 Listed on: 08/22/2023

Last Buyer's Agent

Blackstone Realty Services Team

Keller Williams Milwaukee South Shore License #82592-94

Keller Williams Milwaukee South Shore

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,849

Lot Details

  • 9,148

Parking

  • 16 Parking Spaces

Home Design

  • Composition Roof
  • Rubber Roof

Interior Spaces

  • 4,172 Sq Ft Home
  • Display Windows
  • Carpet

Basement

  • Partial Basement
  • Crawl Space

Additional Features

  • 9,148 Sq Ft Lot
  • Central Air

Community Details

  • Operating Expense $12,540
  • Gross Income $36,300
  • Net Operating Income $23,760

Listing and Financial Details

  • Exclusions: tenant's personal property
  • Assessor Parcel Number OCOC0563274

Property Details

Property Type

Other

Est. Annual Taxes

$2,849

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 0.21
  • Road Frontage Type: Town/City Road, High Visibility
  • Inclusions: stove and fridge in residential units (Apt 1 & 2)
  • Directions: From I 94 (exit 282) take Hwy 67 north to Summt Ave proceed to Silver Lake Street north to site
  • Property Information:Est Total Sq Ft: 4172
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space, Partial
  • ResoLivingAreaSource: Other

Exterior Features

  • Exclusions: tenant's personal property
  • Construction Type: Wood, Part-Fiber Cement, Other
  • Roof: Rubber, Composition

Garage/Parking

  • Total Parking Spaces: 16

Utilities

  • Green Building Features: Carpeting, Display Window, Rest Rooms, Living Space Avail
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: OCOC0563274

Multi Family

  • Annual Gross Income: 36300
  • Property Net Operating Income: 23759.97
  • Annual Operating Expense: 12540.03

Tax Info

  • Tax Annual Amount: 2848.81
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Jan 11, 2024
Sold by
Irene Boschuetz Trust
Bought by
Jemma Llc
Seller's Agent
Mike Herro
Oconomowoc Realty LLC
Buyer's Agent
Blackstone Realty Services Team
Keller Williams Milwaukee South Shore
List Price
$455,900
Sold Price
$365,000
Premium/Discount to List
-$90,900
-19.94%
Current Estimated Value
$430,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,219
Avg. Annual Appreciation
8.02%
Original Mortgage
$273,750
Outstanding Balance
$268,101
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$162,118

Purchase Details

Closed on
Oct 2, 2014
Sold by
Rupnow Irene A and Boschuetz Irene A
Bought by
Boschuetz Irene A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jemma Llc $365,000 Knight Barry Title
Boschuetz Irene A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jemma Llc $273,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2024 01/17/24 Sold $365,000 -7.6% $87 / Sq Ft
11/09/2023 11/09/23 Price Changed $395,000 -9.2% $95 / Sq Ft
09/28/2023 09/28/23 Price Changed $435,000 -4.6% $104 / Sq Ft
08/22/2023 08/22/23 For Sale $455,900 -- $109 / Sq Ft
Source: Metro MLS

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 $3,678 $346,800 $51,800 $295,000
2023 $2,665 $240,200 $51,800 $188,400
2022 $2,849 $208,800 $51,800 $157,000
2021 $2,329 $172,600 $51,800 $120,800
2020 $2,684 $156,900 $51,800 $105,100
2019 $2,622 $156,900 $51,800 $105,100
Source: Public Records

Agents Affiliated with this Home

  • Mike Herro

    Seller's Agent in 2024

    Mike Herro

    Oconomowoc Realty LLC

    (262) 490-4272

    24 in this area

    53 Total Sales

    Mike Herro
    Section Image
  • Blackstone Realty Services Team

    Buyer's Agent in 2024

    Blackstone Realty Services Team

    Keller Williams Milwaukee South Shore

    (262) 989-2111

    1 in this area

    298 Total Sales

    Blackstone Realty Services Team
    Section Image
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Map

Source: Metro MLS

MLS Number: 1847503

Metro MLS

APN: OCOC-0563-274

Wisconsin Waukesha County Oconomowoc 53066

200 S Silver Lake St, Oconomowoc, WI

Not Listed for Sale

Other

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