NOT LISTED FOR SALE

Estimated Value: $176,000 - $273,179

6 Beds
2 Baths
2,436 Sq Ft
$98/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $154,209 $63 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,653/month

34 Days on Market

About This Home

As of February 2024

Ideal for savvy investors, this property offers the flexibility of MTM leases, providing both stability and adaptability. The units are currently tenant-occupied, showcasing its desirability as a reliable income-generating asset. Nestled in a quiet neighborhood, each unit has 3beds 1bath, the interiors feature inviting living spaces and well-equipped kitchen. While this gem may need a little tender loving care (TLC), it presents a unique opportunity for you to infuse your personal style and preferences. Whether you're a seasoned investor or just starting in the real estate market, this property promises a sound investment opportunity with its attractive rental income potential. Be the first to see and own this fountain of $$$! Message me for a private walk thru!

Last Agent to Sell the Property

Crystal Hagedorn

EXP Realty, LLC License #80370-94 Listed on: 12/11/2023

EXP Realty, LLC

Last Buyer's Agent

Joseph Voell

RE/MAX Preferred Commercial License #75924-94

RE/MAX Preferred Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 8,712

Home Design

  • Duplex

Schools

  • Wilson Elementary School
  • Edison Middle School
  • Craig High School

Additional Features

  • Partial Basement
  • 8,712 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 241-0136400666

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Municipality: Janesville
  • Status Detail: Sold
  • Mailing City: Janesville
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Excluded: Tenants personal property
  • Items Included: (2) Refrigerators, (2) Oven/Range
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Number Furnaces: 2
  • Number Water Heaters: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage

Schools

  • School District: Janesville
  • Elementary School: Wilson
  • Middle School: Edison
  • High School: Craig
  • Elementary School: Wilson
  • High School: Craig
  • Middle School: Edison
  • School District: Janesville

Lot Info

  • Estimated Aces: 0.2
  • Zoning: R2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 1960

Tax Info

  • Land Assessment: 14800
  • Improvements: 149000
  • Total Assessment: 163800
  • Assessment year: 2022
  • Net Taxes: 3877
  • Tax Year: 2022
  • Assessor Parcel Number: 241-0136400666

Multi Family

  • Number Of3 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Feb 13, 2024
Sold by
Arthur And Nicole Johnson Living Trust
Bought by
Kismet Development Llc
Seller's Agent
Crystal Hagedorn
EXP Realty, LLC
Buyer's Agent
Joseph Voell
RE/MAX Preferred Commercial
List Price
$184,990
Sold Price
$154,209
Premium/Discount to List
-$30,781
-16.64%
Views
89
Current Estimated Value
$239,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,086
Avg. Annual Appreciation
33.02%
Original Mortgage
$220,000
Outstanding Balance
$216,573
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$22,722
Source: Public Records

Range of Values:

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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
Kismet Development Llc $275,000 Knight Barry Title Services Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kismet Development Llc $220,000
Previous Owner Edward & Renee Anderson Investments Llc $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $154,209 -16.6% $63 / Sq Ft
12/11/2023 12/11/23 For Sale $184,990 -- $76 / 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 $4,310 $253,400 $14,800 $238,600
2023 $4,327 $253,400 $14,800 $238,600
2022 $3,877 $163,800 $14,800 $149,000
2021 $3,908 $163,800 $14,800 $149,000
2020 $3,731 $163,800 $14,800 $149,000
2019 $3,646 $163,800 $14,800 $149,000
2018 $3,587 $122,400 $14,800 $107,600
2017 $4,144 $122,400 $14,800 $107,600
2016 $3,166 $122,400 $14,800 $107,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1968318

South Central Wisconsin Multiple Listing Service

APN: 013-6400666