NOT LISTED FOR SALE

204 S Forrest St Stoughton, WI 53589

Estimated Value: $317,000 - $357,000

3 Beds
3 Baths
2,125 Sq Ft
$156/Sq Ft Est. Value

Last Sold September 03, 2015

Last sale price $127,350 $60 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,073/month

Highlights

  • Eat-In Kitchen
  • Washer and Dryer
  • 3-minute walk to Riverside Drive Park
  • Family Room

About This Home

As of September 2015

With rates set to rise & rents as well, now is THE time to buy rental property! Great overall condition & a history of positive cash flow, this 3 unit is ready to go & priced almost $20K UNDER assessment. Or be an owner occupied & live in the lower unit & let the uppers pay the mortgage! Could also be an easy conversion back to single family. Whatever you decide, this property is located within walking distance of schools, downtown & sits in the heart of Stoughton. You need to see this one!

Last Agent to Sell the Property

Jason Koehler

Stark Company, REALTORS License #56728-90 Listed on: 03/06/2015

Co-Listed By

Carla Collins

Stark Company, REALTORS License #55341-90

Last Buyer's Agent

Brandon Grosse

Accord Realty License #54913-90

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1860

Lot Details

  • 6,970

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Family Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener
  • Outside Parking

Schools

  • Call School District Elementary School
  • River Bluff Middle School
  • Stoughton High School

Additional Features

  • 6,970 Sq Ft Lot
  • Radiant Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0511-081-2244-2

Property Details

Home Type

Multi-Family

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Municipality: Stoughton
  • Status Detail: Sold
  • Mailing City: Stoughton
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Year Built: 1860
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 3
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, 1 space, 2 spaces, Outside, Opener inc

Schools

  • School District: Stoughton
  • Elementary School: Call School District
  • Middle School: River Bluff
  • High School: Stoughton
  • Elementary School: Call School District
  • High School: Stoughton
  • Middle School: River Bluff
  • School District: Stoughton

Lot Info

  • Estimated Aces: 0.16
  • Zoning: MR10
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 27500
  • Improvements: 151000
  • Total Assessment: 178500
  • Assessment year: 2014
  • Net Taxes: 4182
  • Tax Year: 2013
  • Assessor Parcel Number: 0511-081-2244-2

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of Efficiencies: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2015
Closed on
Sep 3, 2015
Sold by
Wackett Jerry A and Wackett Lea Ann
Bought by
Jerman Properties Llc
Seller's Agent
Jason Koehler
Stark Company, REALTORS
Buyer's Agent
Brandon Grosse
Accord Realty
List Price
$159,900
Sold Price
$127,350
Premium/Discount to List
-$32,550
-20.36%
Current Estimated Value
$331,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,056
Avg. Annual Appreciation
9.87%
Original Mortgage
$101,850
Outstanding Balance
$80,350
Interest Rate
4.04%
Mortgage Type
Commercial
Estimated Equity
$251,056
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
Jerman Properties Llc $127,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jerman Properties Llc $101,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2015 09/03/15 Sold $127,350 -20.4% $60 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $159,900 -- $75 / 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 $4,015 $220,500 $27,500 $193,000
2023 $3,473 $196,100 $27,500 $168,600
2021 $3,053 $142,500 $27,500 $115,000
2020 $3,119 $137,800 $27,500 $110,300
2019 $3,115 $133,100 $27,500 $105,600
2018 $3,024 $127,400 $27,500 $99,900
2017 $3,078 $127,400 $27,500 $99,900
2016 $3,084 $127,400 $27,500 $99,900
2015 $4,548 $190,300 $27,500 $162,800
2014 $4,270 $178,500 $27,500 $151,000
2013 $3,894 $170,500 $27,500 $143,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jason Koehler

    Stark Company, REALTORS

    (608) 445-5397

    17 in this area

    47 Total Sales

    Jason Koehler
    Section Image

  • C

    Seller Co-Listing Agent in 2015

    Carla Collins

    Stark Company, REALTORS

    (608) 345-0743

    18 in this area

    36 Total Sales

    Carla Collins
    Section Image
  • Brandon Grosse

    Buyer's Agent in 2015

    Brandon Grosse

    Accord Realty

    (608) 577-9860

    1 in this area

    157 Total Sales

    Brandon Grosse
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1738846

South Central Wisconsin Multiple Listing Service

APN: 0511-081-2244-2

Wisconsin Dane County Stoughton 53589

204 S Forrest St, Stoughton, WI

This home is located at 204 S Forrest St, Stoughton, WI 53589 since 06 March 2015 and is currently estimated at $331,406, approximately $155 per square foot. This property was built in 1860. 204 S Forrest St is a home located in Dane County with nearby schools including Kegonsa Elementary School, River Bluff Middle School, and Stoughton 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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