NOT LISTED FOR SALE

2943 King James Way Fitchburg, WI 53719

Estimated Value: $484,000 - $552,220

6 Beds
4 Baths
4,200 Sq Ft
$123/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $219,900 $52 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,538/month

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • Family Room
  • Country View Elementary School Rated A
  • Dining Room
  • Washer and Dryer

About This Home

As of January 2014

Spacious 3-bdrm townhouse duplex. Decks, 2 car garage. Popular floor plan. Always rented. Low vacancies. Good residents. Quiet location. Nice condition. Lots of interesting sales in the area indicate this to be an attractively priced investment opportunity. Give up earning $0 on your funds in your local thrift and take a jump into something where your rate of return will be very attractive.

Last Agent to Sell the Property

Tom Ripple

Investment Realty Services LLC License #8630-90 Listed on: 07/25/2013

Last Buyer's Agent

Jeanne Whitley

Whitley-Group LLC License #40000-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,338

Lot Details

  • 10,411

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Partially Finished Basement

  • Walk-Out Basement
  • Basement Windows

Outdoor Features

  • Balcony

Schools

  • Country View Elementary School
  • Badger Ridge Middle School
  • Verona High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0609-063-0819-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,338

Lot Details

0

Listing Details

  • Municipality: Fitchburg
  • Status Detail: Sold
  • Mailing City: Fitchburg
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 2 story
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full size windows/Exposed, Walkout to yard, Partially finished
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl, Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

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

Schools

  • Elementary School: Country View
  • High School: Verona
  • Middle School: Badger Ridge
  • School District: Verona

Lot Info

  • Zoning: Res
  • Geo Subdivision: WI

Rental Info

  • Total Income: 27768

Tax Info

  • Net Taxes: 5338
  • Tax Year: 2012
  • Assessor Parcel Number: 0609-063-0819-6

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2013
Closed on
Jan 2, 2014
Sold by
Luihnk Ll
Bought by
Thiel Michael J and Vu Marcie M
Seller's Agent
Tom Ripple
Investment Realty Services LLC
Buyer's Agent
Jeanne Whitley
Whitley-Group LLC
List Price
$229,900
Sold Price
$219,900
Premium/Discount to List
-$10,000
-4.35%
Current Estimated Value
$515,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,655
Avg. Annual Appreciation
7.47%
Original Mortgage
$164,900
Outstanding Balance
$125,014
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$390,541
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
Thiel Michael J $219,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thiel Michael J $164,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2014 01/03/14 Sold $219,900 -4.3% $52 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $229,900 -- $55 / 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 $10,080 $511,500 $76,400 $435,100
2023 $8,955 $386,400 $76,400 $310,000
2021 $8,294 $342,100 $67,100 $275,000
2020 $8,023 $342,100 $67,100 $275,000
2019 $6,355 $259,800 $61,600 $198,200
2018 $5,692 $235,100 $60,000 $175,100
2017 $5,528 $224,700 $60,000 $164,700
2016 $5,351 $219,600 $60,000 $159,600
2015 $5,180 $215,200 $60,000 $155,200
2014 $5,105 $216,000 $60,000 $156,000
2013 $5,221 $216,000 $60,000 $156,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1692235

South Central Wisconsin Multiple Listing Service

APN: 0609-063-0819-6