NOT LISTED FOR SALE

302 E 9th St Westfield, WI 53964

Estimated Value: $854,805

6 Beds
5 Baths
3,600 Sq Ft
$237/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $525,000 $146 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,461/month

29 Days on Market

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • Washer and Dryer
  • Eat-In Kitchen

About This Home

As of May 2019

HEADS UP INVESTORS, YOU DON'T WANT TO MISS OUT! Here's a rare opportunity to own a well-maintained income property with a great location on quiet dead-end street with a nice wooded setting. There are two buildings, 8 units total each building has two units 2 bed, 2 baths and two units 1 bed 1 bath. Private entrances, private laundry, dishwashers, A/C, garages. Tenants pay heat and electric and all unit are currently fully rented. Seller is offering a discounted price if buyer were to purchase 305/308 E 8th St too. Great small town and a short distance to Madison.

Last Agent to Sell the Property

Bart Baker

RE/MAX Preferred License #69959-94 Listed on: 03/13/2019

RE/MAX Preferred

Co-Listed By

Wayne Sadek

South Central Non-Member License #68138-94

Last Buyer's Agent

Tim Freudenthal

Wisconsin Real Estate Sales LLC License #31750-90 405-10

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,834

Year Built

  • Built in 2001

Lot Details

  • 1.2

Parking

  • Outside Parking

Home Design

  • Duplex
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Schools

  • Westfield Elementary And Middle School
  • Westfield High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Well

Additional Features

  • 2-Story Property
  • Balcony
  • 1.2 Acre Lot

Community Details

  • 8 Units
  • Net Operating Income $46,476

Listing and Financial Details

  • Assessor Parcel Number 191-00495-0015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,834

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Municipality: Westfield
  • Status Detail: Sold
  • Mailing City: Westfield
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 houses on 1 lot, Townhouse style units
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 8
  • Number Dryers: 8
  • Number Units W Ac: 8
  • Number Washers: 8

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

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

Utilities

  • Water Waste: Municipal sewer, Well
  • Park Unit: 1 stall garage, Outside
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 20964

Schools

  • Elementary School: Westfield
  • High School: Westfield
  • Middle School: Westfield
  • School District: Westfield

Lot Info

  • Estimated Aces: 1.2
  • Zoning: Multi
  • Geo Subdivision: WI

Rental Info

  • Total Income: 67440

Tax Info

  • Net Taxes: 12834
  • Tax Year: 2017
  • Assessor Parcel Number: 191-00495-0015

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of2 Bedrooms: 4
  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2009
Sold by
Kraus J Herman Christine
Bought by
Spahn Brothers Investments Llc
Current Estimated Value
$854,805
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Spahn Brothers Investments Llc $626,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $525,000 -6.2% $146 / Sq Ft
03/13/2019 03/13/19 For Sale $559,900 -- $156 / 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 $11,897 $653,700 $16,200 $637,500
2023 $12,364 $526,200 $16,200 $510,000
2022 $11,834 $526,200 $16,200 $510,000
2021 $12,834 $526,200 $16,200 $510,000
2020 $13,250 $526,200 $16,200 $510,000
2019 $12,945 $526,200 $16,200 $510,000
2018 $12,644 $526,200 $16,200 $510,000
2017 $12,834 $526,200 $16,200 $510,000
2016 $12,546 $526,200 $16,200 $510,000
2015 $1,366,939 $526,200 $16,200 $510,000
2014 -- $526,200 $16,200 $510,000
2013 -- $526,200 $16,200 $510,000
2012 -- $526,200 $16,200 $510,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1851691

South Central Wisconsin Multiple Listing Service

APN: 191-00495-0015