NOT LISTED FOR SALE

2615 Westview Ct Cross Plains, WI 53528

8 Beds
4 Baths
3,100 Sq Ft
0.72 Acres

Last Sold December 07, 2012

Last sale price $500,000 $161 Per Sq Ft

204 Days on Market

Highlights

  • Den
  • Balcony
  • Central Air
  • Park Elementary School Rated A-
  • Eat-In Kitchen
  • Water Softener is Owned

About This Home

As of December 2012

Fully Rented 8 Unit Apartment Building in Cross Plains. Seller pays heat & has just had a new high efficiency Boiler installed. Roof is only 5 years old. The building has many long term tenants. Seller has never raised those rents, so those tenants are paying under market value. Most are month to month. On site manager gets a break in rent. All units are 2 bedrooms w/outside parking. 2 units feature a den. The property is an easy commute to Madison's West Side. Positive Cash Flow! Includes 2710 Westview.

Last Listed By

Don Huibregtse

First Weber Inc License #50649-90 Listed on: 01/05/2012

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,139

Year Built

  • Built in 1966

Lot Details

  • 0.72

Parking

  • Outside Parking

Home Design

  • Wood Siding

Interior Spaces

  • Den
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Outdoor Features

  • Balcony

Schools

  • Call School District Elementary And Middle School
  • Middleton High School

Utilities

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

Community Details

  • 8 Units
  • Laundry Facilities
  • Net Operating Income $36,318

Listing and Financial Details

  • Assessor Parcel Number 0707-023-2501-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,139

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Municipality: Cross Plains
  • Status Detail: Sold
  • Mailing City: Cross Plains
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Miscellaneous: Shared laundry, Water Softener Owned
  • Noi Year: 2011
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 8
  • Number Dryers: 2
  • Number Furnaces: 1
  • Number Refrigerators: 8
  • Number Stoves: 8
  • Number Units W Ac: 8
  • Number Washers: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 27158

Schools

  • School District: Middleton-Cross Plains
  • Elementary School: Call School District
  • Middle School: Call School District
  • High School: Middleton
  • Elementary School: Call School District
  • High School: Middleton
  • Middle School: Call School District
  • School District: Middleton-Cross Plains

Lot Info

  • Zoning: MltFam
  • Geo Subdivision: WI

Rental Info

  • Total Income: 63384

Tax Info

  • Land Assessment: 144000
  • Improvements: 352400
  • Total Assessment: 496400
  • Assessment year: 2011
  • Net Taxes: 10139
  • Tax Year: 2011
  • Assessor Parcel Number: 0707-023-2501-5

Multi Family

  • Number Of2 Bedrooms: 8
  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2016
Sold by
Westview Estates Llc
Bought by
Middleton Community Bank
Total Days on Market
204

Purchase Details

Listed on
Jan 5, 2012
Closed on
Dec 7, 2012
Sold by
261 Westview Limited Partnership
Bought by
Westview Estates Llc
Seller's Agent
Don Huibregtse
First Weber Inc
Buyer's Agent
Tammy Wells
Bid4Dirt, LLC
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%

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
Middleton Community Bank -- Attorney
Westview Estates Llc $500,000 None Available
261 Westview Limited Partnership -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2012 12/07/12 Sold $500,000 -4.8% $161 / Sq Ft
07/27/2012 07/27/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $525,000 -- $169 / 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 $46,670 $2,041,500 $222,500 $1,819,000
2023 $43,171 $2,041,500 $222,500 $1,819,000
2021 $43,192 $2,041,500 $222,500 $1,819,000
2020 $44,140 $2,041,500 $222,500 $1,819,000
2019 $43,313 $2,041,500 $222,500 $1,819,000
2018 $39,702 $2,041,500 $222,500 $1,819,000
2017 $25,023 $1,143,800 $156,400 $987,400
2016 $24,034 $1,143,800 $156,400 $987,400
2015 $24,956 $1,143,800 $156,400 $987,400
2014 $24,549 $1,143,800 $156,400 $987,400
2013 $10,138 $156,400 $156,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1643194

South Central Wisconsin Multiple Listing Service

APN: 0707-023-2501-5