NOT LISTED FOR SALE

205 Baldwin St Sharon, WI 53585

Estimated Value: $547,269

1 Bed
1 Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold October 31, 2019

Last sale price $315,000

Est. 74% increase in value since last sale

Current estimated payment $3,630/month

261 Days on Market

About This Home

As of October 2019

INVESTORS!! Here is your chance to own an apartment building that offers good cash flow. There are 11 apartments that are currently rented with a 12th unit as a storefront that has potential for additional rental income. This large brick building in downtown Sharon has been updated by the current seller with all electrical base heaters in addition to other cosmetic updates within some of the apartments. Don't miss this opportunity for a great investment! INVESTORS!! Here is your chance to own an apartment building that offers good cash flow.

Last Agent to Sell the Property

Tressy Brown

Century 21 Affiliated License #86430-94 Listed on: 12/31/2018

Century 21 Affiliated

Last Buyer's Agent

Marianne Walker

Walker Realty Group, LLC License #55667-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,917

Year Built

  • Built in 1874

Lot Details

  • 4,792

Home Design

  • Brick Exterior Construction

Basement

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

Parking

  • 1 Open Parking Space
  • On-Street Parking
  • Outside Parking

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Additional Features

  • 4,792 Sq Ft Lot
  • Separate Meters

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number UOP 00051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,917

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Municipality: Sharon
  • Status Detail: Sold
  • Mailing City: Sharon
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment Building
  • Items Excluded: Seller and tenant's personal property.
  • Items Included: 11 refrigerators and 11 stoves.
  • Noi Year: 2018
  • Year Built: 1874
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout To Yard
  • Number Furnaces: 1
  • Number Refrigerators: 11
  • Number Stoves: 11

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Electric
  • Parking Stalls Outside: 1

Utilities

  • Water Waste: Municipal Water, Municipal Sewer
  • Park Unit: 1 Space, Outside
  • Utilities: Separate Elec Meters

Schools

  • School District: Sharon J11
  • Elementary School: Call School District
  • Middle School: Call School District
  • High School: Call School District
  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Sharon J11

Lot Info

  • Estimated Aces: 0.11
  • Zoning: Commercial

Rental Info

  • Total Income: 55500

Tax Info

  • Land Assessment: 19700
  • Improvements: 92700
  • Total Assessment: 112400
  • Assessment year: 2018
  • Net Taxes: 2917
  • Tax Year: 2018
  • Assessor Parcel Number: UOP 00051

Multi Family

  • Number Of1 Bedrooms: 7
  • Number Of2 Bedrooms: 2
  • Number Of Efficiencies: 2
  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2018
Closed on
Oct 31, 2019
Sold by
Nass Phillip A
Bought by
Walker Properties Llc
Seller's Agent
Tressy Brown
Century 21 Affiliated
Buyer's Agent
Marianne Walker
Walker Realty Group, LLC
List Price
$450,000
Sold Price
$315,000
Premium/Discount to List
-$135,000
-30%
Current Estimated Value
$547,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,269
Avg. Annual Appreciation
7.11%
Original Mortgage
$252,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 13, 2014
Sold by
Johnson Bank
Bought by
Nass Phillip A
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
Walker Properties Llc $315,000 None Available
Nass Phillip A $50,000 Southeastern Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Walker Properties Llc $3,713,344
Closed Walker Properties Llc $252,000
Previous Owner Yates House Management Inc $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $315,000 -3.0% --
09/18/2019 09/18/19 Pending -- -- --
05/21/2019 05/21/19 Price Changed $324,900 -7.1% --
05/10/2019 05/10/19 Price Changed $349,900 -7.9% --
04/22/2019 04/22/19 Price Changed $379,900 -5.0% --
02/19/2019 02/19/19 Price Changed $399,900 -11.1% --
12/31/2018 12/31/18 For Sale $450,000 -- --
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 $8,572 $315,000 $20,500 $294,500
2023 $8,067 $315,000 $20,500 $294,500
2022 $8,402 $315,000 $20,500 $294,500
2021 $8,058 $315,000 $20,500 $294,500
2020 $8,203 $315,000 $20,500 $294,500
2019 $2,934 $112,400 $19,700 $92,700
2018 $2,917 $112,400 $19,700 $92,700
2017 $2,837 $112,400 $19,700 $92,700
2016 $4,062 $161,200 $19,700 $141,500
2015 $4,024 $161,200 $19,700 $141,500
2014 $8,267 $161,200 $19,700 $141,500
2013 $8,267 $305,700 $19,700 $286,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1847398

South Central Wisconsin Multiple Listing Service

APN: UOP00051