NOT LISTED FOR SALE

2709 Westview Ct Cross Plains, WI 53528

Estimated Value: $881,246

8 Beds
4 Baths
2,964 Sq Ft
$297/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $575,000 $194 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,795/month

7 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Central Air
  • Park Elementary School Rated A-
  • Outdoor Storage
  • Water Softener is Owned

About This Home

As of April 2019

ACCEPTED OFFER. Great investment property in a location with the lowest vacancy rate in Greater Madison! This FULLY RENTED 8-unit apartment building is zoned to the Middleton/Cross Plains School District. Easy to rent w/ loyal tenants & potential to increase rents further. Each unit comes w/ additional storage in the basement & one parking stall. Many recent improvements! Ask for a detailed list. See docs for income/expenses, lease dates & more info. All financial information is provided by the owners. Buyer to verify square footage and dimensions if important.

Last Listed By

Dan Miller

Realty Executives Cooper Spransy License #69122-94 Listed on: 02/11/2019

Realty Executives Cooper Spransy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,284

Year Built

  • Built in 1975

Lot Details

  • 0.56 Acre Lot

Parking

  • 12 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Park Elementary School
  • Glacier Creek Middle School
  • Middleton High School

Utilities

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

Community Details

  • 8 Units
  • Westview Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0707-023-2523-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,284

Year Built

Built in 1975

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, 2 story
  • Items Excluded: Personal Property of Tenants and Seller.
  • Items Included: 8 ranges, 8 refrigerators, 8 dishwashers, 8 A/C units, 2 washers, 2 dryers, 1 water softener, 1 boiler, 2 water heaters
  • Miscellaneous: Water Softener Owned
  • Noi Year: 2018
  • Year Built: 1975
  • 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, Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Parking Stalls Outside: 12

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space
  • Utilities: Separate elec meters

Schools

  • School District: Middleton-Cross Plains
  • Elementary School: Park
  • Middle School: Glacier Creek
  • High School: Middleton
  • Elementary School: Park
  • High School: Middleton
  • Middle School: Glacier Creek
  • School District: Middleton-Cross Plains

Lot Info

  • Estimated Aces: 0.56
  • Zoning: Multi
  • Geo Subdivision: WI

Rental Info

  • Total Income: 73450

Tax Info

  • Land Assessment: 145000
  • Improvements: 335000
  • Total Assessment: 480000
  • Assessment year: 2018
  • Net Taxes: 9284
  • Tax Year: 2018
  • Assessor Parcel Number: 0707-023-2523-9

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2019
Closed on
Apr 29, 2019
Sold by
Westview Family Apartment Llc
Bought by
Ld World Wide V Llc
Seller's Agent
Dan Miller
Realty Executives Cooper Spransy
Buyer's Agent
Paul Haviland
Stark Company, REALTORS
List Price
$575,000
Sold Price
$575,000
Total Days on Market
7
Current Estimated Value
$881,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,246
Avg. Annual Appreciation
7.76%
Original Mortgage
$460,000
Outstanding Balance
$409,323
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$492,248

Purchase Details

Listed on
May 7, 2013
Closed on
Apr 3, 2015
Sold by
Sandlewood Properties Llc
Bought by
Westview Family Apartments Llc
Seller's Agent
Michael Roessler
Century 21 Affiliated Roessler
Buyer's Agent
Tamara McDougal
Lauer Realty Group, Inc.
List Price
$490,000
Sold Price
$410,000
Premium/Discount to List
-$80,000
-16.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$328,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2005
Sold by
Bender William L and Knoepfer Katherine
Bought by
Sandlewood Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.8%
Mortgage Type
Commercial

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
Ld World Wide V Llc $575,000 None Available
Westview Family Apartments Llc $410,000 None Available
Sandlewood Properties Llc $480,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ld World Wide V Llc $460,000
Previous Owner Westview Family Apartments Llc $328,000
Previous Owner Sandlewood Properties Llc $17,066
Previous Owner Sandlewood Properties Llc $459,000
Previous Owner Sandlewood Properties Llc $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Off Market $1,105 -- --
10/18/2024 10/18/24 For Rent $1,105 0.0% --
04/30/2019 04/30/19 Sold $575,000 0.0% $194 / Sq Ft
02/14/2019 02/14/19 For Sale $575,000 0.0% $194 / Sq Ft
02/11/2019 02/11/19 Off Market $575,000 -- --
04/03/2015 04/03/15 Sold $410,000 -16.3% $138 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
05/07/2013 05/07/13 For Sale $490,000 -- $165 / 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 $10,915 $480,000 $145,000 $335,000
2023 $10,092 $480,000 $145,000 $335,000
2021 $10,098 $480,000 $145,000 $335,000
2020 $10,321 $480,000 $145,000 $335,000
2019 $10,129 $480,000 $145,000 $335,000
2018 $9,284 $480,000 $145,000 $335,000
2017 $8,925 $410,000 $144,000 $266,000
2016 $8,570 $410,000 $144,000 $266,000
2015 $9,003 $410,000 $144,000 $266,000
2014 $10,440 $488,400 $144,000 $344,400
2013 $9,974 $488,400 $144,000 $344,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1849744

South Central Wisconsin Multiple Listing Service

APN: 0707-023-2523-9