NOT LISTED FOR SALE

228 W Lane St Ripon, WI 54971

Estimated Value: $120,000 - $197,000

2 Beds
2 Baths
1,272 Sq Ft
$130/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $57,500 $45 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $971/month

3 Days on Market

Highlights

  • Main Floor Bedroom
  • Detached Garage
  • Accessible Bedroom
  • Murray Park Elementary School Rated A-
  • Eat-In Kitchen
  • Accessible Full Bathroom

About This Home

As of July 2020

Perfect for owner occupied or investment property. Currently owner occupied, each unit has 1 bedroom, 1 garage,plenty of parking on each side, nice backyard on quiet street.

Last Agent to Sell the Property

Joan Karsten

Better Homes and Gardens Real Estate Special Properties License #47252-90 Listed on: 06/09/2020

Better Homes and Gardens Real Estate Special Properties

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,311

Year Built

  • Built in 1948

Lot Details

  • 8,712

Home Design

  • Duplex

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Parking

  • Detached Garage
  • 4 Open Parking Spaces

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Barlowpark/Murraypark Elementary School
  • Ripon Middle School
  • Ripon High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Separate Water Meter

Additional Features

  • Washer and Dryer
  • Basement Fills Entire Space Under The House
  • 8,712 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number RIP1614210536

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,311

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Municipality: Ripon
  • Status Detail: Sold
  • Mailing City: Ripon
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side
  • Barrier Free: First floor bedroom, First floor full bath
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Washers: 1

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached
  • Utilities: Separate elec meters, Separate water meters

Schools

  • Elementary School: BarlowPark/MurrayPark
  • High School: Ripon
  • Middle School: Ripon
  • School District: Ripon

Lot Info

  • Estimated Aces: 0.2
  • Zoning: R1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 5400

Tax Info

  • Net Taxes: 1311
  • Tax Year: 2019
  • Assessor Parcel Number: RIP1614210536

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jul 2, 2020
Sold by
Marquart Jeffry L and Marquart Cindy L
Bought by
Cja Homes Llc
Seller's Agent
Joan Karsten
Better Homes and Gardens Real Estate Special Properties
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$57,900
Sold Price
$57,500
Premium/Discount to List
-$400
-0.69%
Current Estimated Value
$165,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,278
Avg. Annual Appreciation
21.32%
Original Mortgage
$58,995
Outstanding Balance
$52,313
Interest Rate
3.1%
Mortgage Type
Seller Take Back
Estimated Equity
$113,465

Purchase Details

Listed on
Mar 12, 2018
Closed on
Apr 6, 2018
Sold by
Burton Jessica J
Bought by
Marquart Jeffry L and Marquart Cindy L
Seller's Agent
Listing Maintenance
Adashun Jones, Inc.
Buyer's Agent
Tony Dolgner
Century 21 Properties Unlimited
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.84%

Purchase Details

Closed on
Jan 27, 2006
Sold by
Burton Mark A and Burton Robyn M
Bought by
Burton Jessica J
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
Cja Homes Llc $57,900 Guaranty Title Services Inc
Marquart Jeffry L $42,000 None Available
Burton Jessica J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cja Homes Llc $58,995
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2020 07/13/20 Sold $57,500 -0.7% $45 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $57,900 +37.9% $46 / Sq Ft
04/06/2018 04/06/18 Sold $42,000 -15.8% $34 / Sq Ft View Prior Sale
04/06/2018 04/06/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $49,900 -- $41 / 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 $1,263 $57,800 $19,000 $38,800
2023 $1,246 $57,800 $19,000 $38,800
2022 $1,198 $57,800 $19,000 $38,800
2021 $1,187 $57,800 $19,000 $38,800
2020 $1,273 $57,200 $19,000 $38,200
2019 $1,310 $57,200 $19,000 $38,200
2018 $1,210 $57,200 $19,000 $38,200
2017 $1,708 $79,300 $19,800 $59,500
2016 $1,784 $79,300 $19,800 $59,500
2015 $1,894 $79,300 $19,800 $59,500
2014 $1,871 $79,300 $19,800 $59,500
2013 $1,842 $79,300 $19,800 $59,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1885442

South Central Wisconsin Multiple Listing Service

APN: RIP-16-14-21-05-360-28