$475,000
SOLD MAY 14, 2025

209 S Main St Cottage Grove, WI 53527

-- Bed
-- Bath
2,900 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$164 Per Sq Ft

6 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Family Room
  • Monona Grove High School Rated A-
  • Central Air

About This Home

As of May 2025

Fantastic opportunity for investors! This 4-unit building is in a great location directly across the street from a coffee shop and 1855 Saloon & Gill. The building features two beautifully remodeled units (213 & 215). Two bedroom units (209 and 211) have long term tenants and provide the new owner the opportunity to rehab and dramatically increase income if desired. Income with future singed leases and renewals is $50,100. See rent breakdown in associated docs. Parking in back is accessible from Clark St. Tenants in unit 213 are flexible and the apartment could accommodate an owner occupant.

Last Agent to Sell the Property

The Hub Team

The Hub Realty Listed on: 03/25/2025

Last Buyer's Agent

Justin Dobson

Dobson Property Management LLC License #59357-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,789

Year Built

  • Built in 1900

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Wood Flooring
  • Partial Basement
  • Laundry in unit

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 3 Open Parking Spaces
  • Outside Parking

Schools

  • Cottage Grove Elementary School
  • Glacial Drumlin Middle School
  • Monona Grove High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating

Additional Features

  • Balcony
  • 5,663 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0711-162-1532-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,789

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Municipality: Cottage Grove
  • Status Detail: Sold
  • Mailing City: Cottage Grove
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Tenant and sellers personal property
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Number Dish Washers: 2
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Units W Ac: 3
  • Number Water Heaters: 3
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Outside: 3

Utilities

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

Schools

  • School District: Monona Grove
  • Elementary School: Cottage Grove
  • Middle School: Glacial Drumlin
  • High School: Monona Grove
  • Elementary School: Cottage Grove
  • High School: Monona Grove
  • Middle School: Glacial Drumlin
  • School District: Monona Grove

Lot Info

  • Estimated Aces: 0.13
  • Zoning: TR-8
  • Geo Subdivision: WI

Rental Info

  • Total Income: 48120

Tax Info

  • Land Assessment: 53500
  • Improvements: 166500
  • Total Assessment: 220000
  • Assessment year: 2024
  • Net Taxes: 5789
  • Tax Year: 2023
  • Assessor Parcel Number: 0711-162-1532-3

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 2
  • Number Of Efficiencies: 1
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2025
Closed on
May 14, 2025
Sold by
209 S Main St Pjr
Bought by
Voxman James Joseph
Seller's Agent
The Hub Team
The Hub Realty
Buyer's Agent
Justin Dobson
Dobson Property Management LLC
List Price
$475,000
Sold Price
$475,000
Views
39
Current Estimated Value
$476,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,616
Avg. Annual Appreciation
1.37%
Original Mortgage
$356,250
Outstanding Balance
$355,621
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$120,995

Purchase Details

Listed on
Oct 15, 2021
Closed on
Nov 10, 2021
Sold by
Gt Rentals Llc
Bought by
209 S Main St Pjr Llc
Seller's Agent
. FSBO Comp
FSBO Comp
Buyer's Agent
Katie Schmitz
The Hub Realty
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.34%
Original Mortgage
$168,000
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2009
Sold by
Gausmann Steven R and Gausmann Patricia R
Bought by
Gt Rentals Llc

Purchase Details

Closed on
May 29, 2009
Sold by
Gt Rentals Llc
Bought by
Gausmann Steven R and Gausmann Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,800
Interest Rate
5.43%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $475,000 None Listed On Document
Warranty Deed $215,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,250 New Conventional
Previous Owner $168,000 Commercial
Previous Owner $85,800 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $475,000 0.0% $164 / Sq Ft
03/25/2025 03/25/25 For Sale $475,000 +26.7% $164 / Sq Ft
03/03/2022 03/03/22 Sold $375,000 0.0% $268 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $375,000 +74.4% $268 / Sq Ft
11/10/2021 11/10/21 Sold $215,000 0.0% $154 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $215,000 -- $154 / 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 $5,609 $220,000 $53,500 $166,500
2023 $5,789 $220,000 $53,500 $166,500
2021 $4,676 $220,000 $53,500 $166,500
2020 $4,681 $220,000 $53,500 $166,500
2019 $4,963 $194,900 $43,600 $151,300
2018 $4,689 $194,900 $43,600 $151,300
2017 $4,669 $194,900 $43,600 $151,300
2016 $4,607 $194,900 $43,600 $151,300
2015 $4,269 $194,900 $43,600 $151,300
2014 $4,280 $194,900 $43,600 $151,300
2013 $3,892 $194,900 $43,600 $151,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1995914

South Central Wisconsin Multiple Listing Service

APN: 0711-162-1532-3