NOT LISTED FOR SALE

224 3rd Ave Monroe, WI 53566

Estimated Value: $313,600

6 Beds
4 Baths
3,172 Sq Ft
$99/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $190,000 $60 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,023/month

2 Days on Market

Highlights

  • Open Floorplan
  • Eat-In Kitchen
  • Accessible Bedroom
  • Balcony
  • Level Entry For Accessibility
  • Accessible Full Bathroom

About This Home

As of November 2016

Great investment property! This four unit is a money maker with little to worry about. The building has both one and two bedroom units, it is maintenance free siding, has laundry in all units, and all utilities are separately metered.

Last Agent to Sell the Property

Jeff Maliszewski

EXIT Professional Real Estate License #56545-90 Listed on: 09/22/2016

Last Buyer's Agent

Jeff Maliszewski

EXIT Professional Real Estate License #56545-90 Listed on: 09/22/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 10,585

Parking

  • Outside Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • Bathroom on Main Level
  • 1-Story Property
  • Open Floorplan
  • Family Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility

Schools

  • Monroe Elementary And Middle School
  • Monroe High School

Utilities

  • Central Air
  • Separate Meters

Additional Features

  • Balcony
  • 10,585 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 251-3633.0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Municipality: Monroe
  • Status Detail: Sold
  • Mailing City: Monroe
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 1 story
  • Barrier Free: Open floor plan, Ramped or level entrance, First floor bedroom, First floor full bath
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 4
  • Number Dryers: 4
  • Number Units W Ac: 4
  • Number Washers: 4

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Electric

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.243
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 4933
  • Tax Year: 2015
  • Assessor Parcel Number: 251-3633.0000

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Skyline Drive Holdings Llc
Bought by
Maliszewski Jeffrey J
Current Estimated Value
$313,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$441,356
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
-$127,756

Purchase Details

Listed on
Sep 22, 2016
Closed on
Nov 18, 2016
Sold by
Bear Tracy A
Bought by
Skyline Drive Holdings Llc
Seller's Agent
Jeff Maliszewski
EXIT Professional Real Estate
Buyer's Agent
Jeff Maliszewski
EXIT Professional Real Estate
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Sep 3, 2013
Sold by
Schmidt Christina A
Bought by
Bear Tracy A

Purchase Details

Listed on
Feb 5, 2012
Closed on
Aug 31, 2012
Sold by
Denure Daryl K and Denure Lois E
Bought by
Bear Tracy A and Schmidt Christina A
Seller's Agent
Nannette Hilliard
EXIT Professional Real Estate
Buyer's Agent
Nate Lancaster
EXP Realty, LLC
List Price
$185,000
Sold Price
$160,000
Premium/Discount to List
-$25,000
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$120,000
Interest Rate
3.52%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Maliszewski Jeffrey J $240,000 None Available
Skyline Drive Holdings Llc $190,000 None Available
Bear Tracy A $93,300 None Available
Bear Tracy A $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maliszewski Jeffrey J $480,000
Previous Owner Bear Tracy A $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2016 11/18/16 Sold $190,000 -2.6% $60 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $195,000 +21.9% $61 / Sq Ft
08/31/2012 08/31/12 Sold $160,000 -13.5% $50 / Sq Ft View Prior Sale
07/24/2012 07/24/12 Pending -- -- --
02/05/2012 02/05/12 For Sale $185,000 -- $58 / 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 $4,793 $276,000 $15,900 $260,100
2023 $4,507 $240,000 $15,900 $224,100
2022 $5,040 $190,000 $15,900 $174,100
2021 $4,540 $190,000 $15,900 $174,100
2020 $4,765 $190,000 $15,900 $174,100
2019 $4,830 $190,000 $15,900 $174,100
2018 $4,718 $190,000 $15,900 $174,100
2017 $5,289 $186,900 $15,900 $171,000
2016 $5,153 $186,900 $15,900 $171,000
2014 $4,997 $186,900 $15,900 $171,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1787552

South Central Wisconsin Multiple Listing Service

APN: 23-251-3633.0000