NOT LISTED FOR SALE

227 Spring St Unit 229 Waukesha, WI 53188

Estimated Value: $285,861 - $424,000

4 Beds
2 Baths
2,058 Sq Ft
$187/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $339,900 $165 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,270/month

4 Days on Market

About This Home

As of April 2022

Great investment opportunity or owner occupied. Located in a quiet residential neighborhood. 2 bedroom, 1 bath side by side townhouse style 2 family. One side currently leased thru June 1, 2022. Property has fresh paint, excellent condition natural hardwood floors, new boilers in both units (2019 and 2021), new roof on the split 2.5 car garage, in unit washer and dryer, patio and balcony in back of each unit. Nice size yard and located one block from Horeb Spring Park and 2 blocks from Waukesha Memorial Hospital. Walking distance to downtown.

Last Agent to Sell the Property

William Schmidt

Redefined Realty Advisors LLC License #74044-94 Listed on: 03/10/2022

Last Buyer's Agent

Karen Patrick

First Weber Inc - Delafield License #59366-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,976

Year Built

  • Built in 1965

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • 2,058 Sq Ft Home
  • Brick Exterior Construction
  • Wood Siding
  • Aluminum Trim

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: tenants washer and dryer are excluded

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,976

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 3 stoves, 2 refrigerators, 2 window air conditioning units, 1 washer, 1 dryer
  • Directions: Madison St, North on Spring St to Property or Summit Ave to Horeb Park to Spring St, South to property.
  • New Construction: No
  • Year Built: 1965
  • Cleared Acreage: Less than 1/2
  • Architecture: Townhouse
  • Full Street Address: 227 Spring St #229
  • Lot Acreage: 0.22
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: None / Slab
  • Second Floor Total Sq Ft: 2058.00

Exterior Features

  • Exclusions: tenants washer and dryer are excluded
  • Exterior: Aluminum Trim, Brick/Stone, Brick, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.5
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Waukesha
  • Junior High Dist: Waukesha

Lot Info

  • Zoning: res
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3976.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 1, 2022
Sold by
Burns Revocable Living Trust
Bought by
Lien Andrew J and Callen Brady T
Seller's Agent
William Schmidt
Redefined Realty Advisors LLC
Buyer's Agent
Karen Patrick
First Weber Inc - Delafield
List Price
$339,900
Sold Price
$339,900
Current Estimated Value
$384,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,565
Avg. Annual Appreciation
3.51%
Original Mortgage
$205,000
Outstanding Balance
$193,390
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$191,075

Purchase Details

Closed on
Oct 12, 2015
Sold by
Burns James D and Burns Catherine M
Bought by
Burns Revocable Living Trust

Purchase Details

Closed on
Nov 29, 2012
Sold by
Herbst John G and Wall Lynn M
Bought by
Burns James D and Burns Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
3.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lien Andrew J $339,900 None Listed On Document
Burns Revocable Living Trust -- None Available
Burns James D $147,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lien Andrew J $205,000
Previous Owner Burns James D $110,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $339,900 0.0% $165 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $339,900 -- $165 / Sq Ft
Source: Metro MLS

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 $3,037 $199,700 $56,700 $143,000
2023 $2,974 $199,700 $56,700 $143,000
2022 $4,043 $204,000 $60,700 $143,300
2021 $4,162 $204,000 $60,700 $143,300
2020 $3,976 $204,000 $60,700 $143,300
2019 $3,874 $204,000 $60,700 $143,300
2018 $3,643 $188,900 $53,100 $135,800
2017 $3,951 $188,900 $53,100 $135,800
2016 $3,597 $176,500 $51,600 $124,900
2015 $3,564 $176,500 $51,600 $124,900
2014 $3,597 $174,800 $51,600 $123,200
2013 $3,682 $174,800 $51,600 $123,200
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    William Schmidt

    Redefined Realty Advisors LLC

    (262) 212-3375

    9 in this area

    166 Total Sales

    William Schmidt
    Section Image

  • K

    Buyer's Agent in 2022

    Karen Patrick

    First Weber Inc - Delafield

    (262) 395-0229

    8 in this area

    58 Total Sales

    Karen Patrick
    Section Image
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Map

Source: Metro MLS

MLS Number: 1782797

Metro MLS

APN: WAKC-1306-434

Wisconsin Waukesha County Waukesha 53188

227 Spring St Unit 229, Waukesha, WI

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