NOT LISTED FOR SALE

220 Commerce Ct Elkhorn, WI 53121

Estimated Value: $812,574

Studio
-- Bath
7,690 Sq Ft
$106/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $510,000 $66 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,035/month

31 Days on Market

Highlights

  • 1.07 Acre Lot
  • Central Air
  • Carpet

About This Home

As of March 2022

Location, location, location! This conveniently located all brick office building is available immediately! 7,600 SF of professionally finished office space can be the home of you business. Plenty of parking and excellent access to I-43 and Highway 67 is the key with this centrally located building in Walworth County. The building currently has 2 tenants and one open unit. Also listed as #1776256.

Last Agent to Sell the Property

Kilkenny Group*

Berkshire Hathaway Starck Real Estate License #53324-90 Listed on: 01/10/2022

Berkshire Hathaway Starck Real Estate

Last Buyer's Agent

Karl McKillip

Great Lakes Real Estate Svs License #58361-90

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,303

Lot Details

  • 1.07

Parking

  • 29 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7,690 Sq Ft Home
  • Carpet

Additional Features

  • 1.07 Acre Lot
  • Central Air

Community Details

  • Office

Listing and Financial Details

  • Assessor Parcel Number YA215400003

Property Details

Property Type

Other

Est. Annual Taxes

$12,303

Lot Details

1.07 Acres

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 1.07
  • Road Frontage Type: Town/City Road
  • Directions: WI-67 to Commerce Ct. Immediately south of I-43
  • Property Information:Est Total Sq Ft: 7690
  • Special Features: None

Interior Features

  • Has Basement: None

Exterior Features

  • Construction Type: Brick
  • Roof: Other

Garage/Parking

  • Total Parking Spaces: 29

Utilities

  • Green Building Features: Carpeting, Rest Rooms, Office(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 46609.2
  • Parcel #: YA215400003

Tax Info

  • Tax Annual Amount: 12303
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2023
Sold by
Empire Properties V Llc
Bought by
Mjb Rental Property Llc
Current Estimated Value
$812,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$501,170
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$311,404

Purchase Details

Listed on
Jan 10, 2022
Closed on
Mar 4, 2022
Sold by
Greendale Professional Properties
Bought by
Empire Properties V Llc
Seller's Agent
Kilkenny Group*
Berkshire Hathaway Starck Real Estate
Buyer's Agent
Karl McKillip
Great Lakes Real Estate Svs
List Price
$510,000
Sold Price
$510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mjb Rental Property Llc $650,000 None Listed On Document
Empire Properties V Llc $510,000 Rudolph William J
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mjb Rental Property Llc $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2022 03/08/22 Sold $510,000 0.0% $66 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $510,000 -- $66 / Sq Ft
Source: Metro MLS

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
2025 $10,185 $705,300 $94,200 $611,100
2024 $9,514 $650,000 $94,200 $555,800
2023 $8,080 $510,000 $94,200 $415,800
2022 $14,166 $829,700 $94,200 $735,500
2021 $12,303 $660,000 $94,200 $565,800
2020 $13,252 $660,000 $94,200 $565,800
2019 $11,769 $600,000 $94,200 $505,800
2018 $12,190 $600,000 $94,200 $505,800
2017 $12,257 $600,000 $94,200 $505,800
2016 $12,881 $600,000 $94,200 $505,800
2015 $13,366 $600,000 $94,200 $505,800
2014 $15,880 $600,000 $94,200 $505,800
2013 $15,880 $600,000 $94,200 $505,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1776235

Metro MLS

APN: YA215400003

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