NOT LISTED FOR SALE

203 Broadway Berlin, WI 54923

Estimated Value: $118,985

2 Beds
3 Baths
2,200 Sq Ft
$54/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $90,000 $41 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $828/month

319 Days on Market

Highlights

  • River Front
  • Forced Air Heating System
  • 4-minute walk to Berlin Park & Recreation
  • Eat-In Kitchen

About This Home

As of April 2021

203 Broadway, Berlin, WI 54923 - Great location downtown berlin with 12,000+ daily traffic count. Well maintained, historic brick building with 1200 sq ft of retail space. Wired for 3-phase and commercial natural gas for restaurant. Immediate positive cash flow with 2 fully rented apartments with great rental history. Great investment property with cash flow, and rent the retail space for even more cash flow, or place your own business/offices and let the tenants pay your bills. Full, large basement with outside access.

Last Agent to Sell the Property

Derek Kavanaugh

Wisconsin Special Properties License #58958-90 Listed on: 04/14/2020

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $912

Year Built

  • Built in 1887

Lot Details

  • River Front

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Call School District Elementary School
  • Berlin Middle School
  • Berlin High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating

Listing and Financial Details

  • Assessor Parcel Number 206-01346-0000

Community Details

Overview

  • 3 Units
  • The community has rules related to parking rules

Building Details

  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$912

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Municipality: Berlin
  • Status Detail: Sold
  • Mailing City: Berlin
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Noi Year: 17500
  • Year Built: 1887
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard, Poured concrete foundatn, Block foundation
  • Number Furnaces: 3
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 1
  • Number Water Heaters: 1

Exterior Features

  • Waterfront: Waterview-No frontage, River
  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Parking fee
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 500

Schools

  • School District: Berlin
  • Elementary School: Call School District
  • Middle School: Berlin
  • High School: Berlin
  • Elementary School: Call School District
  • High School: Berlin
  • Middle School: Berlin
  • School District: Berlin

Lot Info

  • Zoning: Commercial
  • Geo Subdivision: WI

Rental Info

  • Total Income: 18000

Tax Info

  • Land Assessment: 9200
  • Improvements: 29300
  • Total Assessment: 38500
  • Assessment year: 2019
  • Net Taxes: 912
  • Tax Year: 2019
  • Assessor Parcel Number: 206-01346-0000

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
Apr 5, 2021
Sold by
Verch Daniel R and Verch Felicia I
Bought by
Fox River Property Management Llc
Seller's Agent
Derek Kavanaugh
Wisconsin Special Properties
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$92,500
Sold Price
$90,000
Premium/Discount to List
-$2,500
-2.7%
Total Days on Market
319
Current Estimated Value
$118,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,985
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Dec 1, 2015
Sold by
Peterson Gary L
Bought by
Verch Felicia I
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
Fox River Property Management Llc $90,000 Gowey Abstract & Title
Verch Felicia I $65,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $90,000 -2.7% $41 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $92,500 +2.8% $42 / Sq Ft
12/11/2020 12/11/20 Off Market $90,000 -- --
08/28/2020 08/28/20 For Sale $92,500 +2.8% $42 / Sq Ft
08/11/2020 08/11/20 Off Market $90,000 -- --
07/22/2020 07/22/20 Price Changed $92,500 -2.6% $42 / Sq Ft
04/14/2020 04/14/20 For Sale $95,000 -- $43 / 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 $1,920 $133,300 $9,500 $123,800
2023 $972 $38,500 $9,200 $29,300
2022 $1,091 $38,500 $9,200 $29,300
2021 $1,005 $38,500 $9,200 $29,300
2020 $946 $38,500 $9,200 $29,300
2019 $911 $38,500 $9,200 $29,300
2018 $890 $38,500 $9,200 $29,300
2017 $1,024 $38,500 $9,200 $29,300
2016 $883 $38,500 $9,200 $29,300
2015 $1,024 $38,500 $9,200 $29,300
2014 $887 $38,500 $9,200 $29,300
2013 $906 $38,500 $9,200 $29,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Derek Kavanaugh

    Wisconsin Special Properties

    (920) 299-1091

    85 Total Sales

    Derek Kavanaugh
    Section Image

  • S

    Buyer's Agent in 2021

    SCWMLS Non-Member

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1881247

South Central Wisconsin Multiple Listing Service

APN: 206-01346-0000

Wisconsin Green Lake County Berlin 54923

203 Broadway, Berlin, WI

This home is located at 203 Broadway, Berlin, WI 54923 since 14 April 2020 and is currently estimated at $118,985, approximately $54 per square foot. This property was built in 1887. 203 Broadway is a home located in Green Lake County with nearby schools including Clay Lamberton Elementary School, Berlin Middle School, and Berlin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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