NOT LISTED FOR SALE

2255 5th Ave Monroe, WI 53566

Estimated Value: $337,715

8 Beds
4 Baths
3,168 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $169,900 $54 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,223/month

102 Days on Market

Highlights

  • Open Floorplan
  • Detached Garage
  • Accessible Bedroom
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Accessible Full Bathroom

About This Home

As of May 2018

4 Unit Investment Property in Monroe! If you are ready to start your investment portfolio or looking to add to it, come check this one out. 4 Units with similar layouts up and down. 2Bdrm, 1 full bath with living area and kitchen with eat-in area. Washer and dryer in basement. Detached 4 car garage.

Last Agent to Sell the Property

Lexie D. Harris

EXIT Professional Real Estate License #60948-94 Listed on: 02/05/2018

Last Buyer's Agent

Jennifer Huber

First Weber Inc License #57250-90

First Weber Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Basement

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

Parking

  • Detached Garage
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

  • Monroe Elementary And Middle School
  • Monroe High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 251-3070.0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Municipality: Monroe
  • Status Detail: Sold
  • Mailing City: Monroe
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Level drive, Level lot, Low pile or no carpeting
  • Miscellaneous: Shared laundry, Water Softener Owned
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard
  • Number Dryers: 1
  • Number Units W Ac: 4
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.253
  • Zoning: R3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 25500

Tax Info

  • Net Taxes: 5091
  • Tax Year: 2017
  • Assessor Parcel Number: 251-3070.0000

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2020
Sold by
Upmann James A and Upmann Joanne E
Bought by
Briggs Jerry E and Briggs Tonya K
Current Estimated Value
$337,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Outstanding Balance
$147,716
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$198,238

Purchase Details

Listed on
Feb 5, 2018
Closed on
May 21, 2018
Sold by
Venden Paul A and Venden Cherilyn K
Bought by
Upmann Family Trust
Seller's Agent
Lexie D. Harris
EXIT Professional Real Estate
Buyer's Agent
Jennifer Huber
First Weber Inc
List Price
$199,900
Sold Price
$169,900
Premium/Discount to List
-$30,000
-15.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$100,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 21, 2015
Closed on
Nov 12, 2015
Sold by
Heinzen Donald F and Heinzen Sharon R
Bought by
Venden Paul A and Venden Cherilyn K
Seller's Agent
Ashley Heinzen
Realty Executives Cooper Spransy
Buyer's Agent
Lexie D. Harris
EXIT Professional Real Estate
List Price
$190,000
Sold Price
$171,000
Premium/Discount to List
-$19,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.26%
Original Mortgage
$128,250
Interest Rate
3.82%
Mortgage Type
Commercial
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
Briggs Jerry E $225,000 None Available
Upmann Family Trust $169,900 None Available
Venden Paul A $171,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Briggs Jerry E $166,000
Previous Owner Upmann Family Trust $100,000
Previous Owner Venden Paul A $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2018 05/21/18 Sold $169,900 -15.0% $54 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $199,900 +16.9% $63 / Sq Ft
11/12/2015 11/12/15 Sold $171,000 -10.0% $54 / Sq Ft View Prior Sale
09/28/2015 09/28/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $190,000 -- $60 / 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 $5,511 $316,800 $14,800 $302,000
2023 $5,185 $275,500 $14,800 $260,700
2022 $4,501 $170,000 $14,800 $155,200
2021 $4,054 $170,000 $14,800 $155,200
2020 $4,256 $170,000 $14,800 $155,200
2019 $4,314 $170,000 $14,800 $155,200
2018 $4,213 $170,000 $14,800 $155,200
2017 $5,091 $180,000 $14,800 $165,200
2016 $5,102 $180,000 $14,800 $165,200
2014 $4,810 $180,000 $14,800 $165,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1822098

South Central Wisconsin Multiple Listing Service

APN: 23-251-3070.0000