NOT LISTED FOR SALE

2223 8th Ave Monroe, WI 53566

Estimated Value: $281,000 - $325,000

4 Beds
4 Baths
2,020 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $200,000 $99 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,919/month

148 Days on Market

Highlights

  • Vaulted Ceiling
  • Forced Air Heating and Cooling System
  • Washer and Dryer
  • Loft
  • Family Room
  • Wood Siding

About This Home

As of August 2020

First time on market! This side-by-side two unit has been well cared for and is an excellent investment opportunity - live in one side - rent out the other and subsidize your mortgage and taxes. Each side features two bedrooms with two full bathrooms, a loft area that could be utilized as an additional bedroom area, vaulted ceilings in the living room and an additional breezeway area off the main entrance. Start your real estate investment future now!

Last Agent to Sell the Property

Joel Hedeman

First Weber Hedeman Group License #56493-90 1583-10 Listed on: 01/06/2020

First Weber Hedeman Group

Last Buyer's Agent

Jeff Maliszewski

EXIT Professional Real Estate License #56545-90

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Family Room
  • Loft
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Schools

  • Monroe Elementary And Middle School
  • Monroe High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 251-1421.1000

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Municipality: Monroe
  • Status Detail: Sold
  • Mailing City: Monroe
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 2 story
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Partially finished
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

  • Elementary School: Monroe
  • High School: Monroe
  • Middle School: Monroe
  • School District: Monroe

Lot Info

  • Estimated Aces: 0.12
  • Zoning: Res

Rental Info

  • Total Income: 18600

Tax Info

  • Net Taxes: 5464
  • Tax Year: 2018
  • Assessor Parcel Number: 251-1421.1000

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Aug 27, 2020
Sold by
Henke Danny M and Henke Judith E
Bought by
Strothman Adrian C
Seller's Agent
Joel Hedeman
First Weber Hedeman Group
Buyer's Agent
Jeff Maliszewski
EXIT Professional Real Estate
List Price
$260,000
Sold Price
$200,000
Premium/Discount to List
-$60,000
-23.08%
Current Estimated Value
$308,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,472
Avg. Annual Appreciation
8.44%
Original Mortgage
$190,000
Outstanding Balance
$168,612
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$139,860
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
Strothman Adrian C $200,000 Cardinal Financial Co Lp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strothman Adrian C $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2020 08/27/20 Sold $200,000 0.0% $99 / Sq Ft
07/07/2020 07/07/20 Off Market $200,000 -- --
01/06/2020 01/06/20 For Sale $260,000 -- $129 / 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
2023 $6,037 $320,100 $13,400 $306,700
2022 $5,838 $219,600 $11,000 $208,600
2021 $5,258 $219,600 $11,000 $208,600
2020 $5,518 $219,600 $11,000 $208,600
2019 $5,593 $219,600 $11,000 $208,600
2018 $5,464 $219,600 $11,000 $208,600
2017 $5,941 $209,600 $11,000 $198,600
2016 $5,954 $209,600 $11,000 $198,600
2014 $5,612 $209,600 $11,000 $198,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1874623

South Central Wisconsin Multiple Listing Service

APN: 23-251-1421.1000