NOT LISTED FOR SALE

2005 Cliff Alex Ct S Waukesha, WI 53189

Estimated Value: $930,013

8 Beds
8 Baths
-- Sq Ft
0.38 Acres

Last Sold July 06, 2018

Last sale price $405,000

Est. 130% increase in value since last sale

Current estimated payment $5,659/month

About This Home

As of July 2018

Turn key 4-family in fantastic neighborhood setting near 164 bypass in Waukesha. Fully rented with spacious units, each has 2 beds, 2 full baths, private laundry rooms, 1 indoor and 1 outdoor parking spot. New roof in 2016.

Last Agent to Sell the Property

Dale Schaechterle

Realty Executives - Integrity Brokerage Email: hartlandfrontdesk@realtyexecutives.com License #33905-90 Listed on: 05/10/2018

Realty Executives - Integrity

Last Buyer's Agent

Dale Schaechterle

Realty Executives - Integrity Brokerage Email: hartlandfrontdesk@realtyexecutives.com License #33905-90 Listed on: 05/10/2018

Realty Executives - Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,095

Lot Details

  • 0.38 Acre Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Community Details

  • Operating Expense $15,951
  • Net Operating Income $23,229

Listing and Financial Details

  • Exclusions: Water Softener in Unit 1 is rented. Washers and dryers are tenant owned.
  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 2911351007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,095

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.38
  • Inclusions: 4 Stoves, 4 Refrigerators, 4 Dishwashers, 1 Push Mower, Shed
  • Directions: East Ave South of Sunset to Rivera East to Cliff Alex Court South
  • Attribution Contact: hartlandfrontdesk@realtyexecutives.com
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: None

Exterior Features

  • Exclusions: Water Softener in Unit 1 is rented. Washers and dryers are tenant owned.
  • Construction Type: Vinyl
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Indoor Space, Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Waukesha

Lot Info

  • Lot Size Sq Ft: 16552.8
  • Parcel #: 2911351007

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 23229
  • Annual Operating Expense: 15951

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jul 6, 2018
Sold by
Graner Christine L
Bought by
2005 Cliff Alex Court S Llc
Seller's Agent
Dale Schaechterle
Realty Executives - Integrity
Buyer's Agent
Dale Schaechterle
Realty Executives - Integrity
List Price
$450,000
Sold Price
$405,000
Premium/Discount to List
-$45,000
-10%
Current Estimated Value
$930,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,013
Avg. Annual Appreciation
11.05%
Original Mortgage
$322,400
Outstanding Balance
$281,729
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$574,454

Purchase Details

Closed on
Sep 24, 2003
Sold by
Grauer Barbara A
Bought by
Grauer Barbara and Barbara Grauer Revocable Trust

Purchase Details

Closed on
Oct 15, 1999
Sold by
Steffen Investment Properties Llc
Bought by
Grauer Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 1997
Sold by
Steffen Timothy W
Bought by
Steffen Investment Properties Llc

Purchase Details

Closed on
Oct 28, 1996
Sold by
Hansen Thorvald W and Hansen Rhonda S
Bought by
Steffen Timothy W
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
2005 Cliff Alex Court S Llc $405,000 Knight Barry Title Inc
Grauer Barbara -- --
Grauer Barbara A $356,300 --
Steffen Investment Properties Llc -- --
Steffen Timothy W $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2005 Cliff Alex Court S Llc $322,400
Previous Owner Grauer Barbara A $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 For Sale $450,000 +11.1% --
07/06/2018 07/06/18 Sold $405,000 -- --
Source: Metro MLS

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 $7,095 $460,600 $142,800 $317,800
2023 $6,953 $460,600 $142,800 $317,800
2022 $8,055 $402,500 $90,000 $312,500
2021 $8,295 $402,500 $90,000 $312,500
2020 $7,929 $402,500 $90,000 $312,500
2019 $7,728 $402,500 $90,000 $312,500
2018 $6,824 $350,000 $80,000 $270,000
2017 $7,320 $350,000 $80,000 $270,000
2016 $6,620 $321,100 $80,000 $241,100
2015 $6,561 $321,100 $80,000 $241,100
2014 $6,684 $321,100 $80,000 $241,100
2013 $6,812 $321,100 $80,000 $241,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1580589

Metro MLS

APN: WAKC-1351-007