$500,000
SOLD OCT 1, 2025

318 Frederick Ct Oconomowoc, WI 53066

-- Bed
-- Bath
2,304 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$217 Per Sq Ft

17% Below List Price

59 Days on Market

About This Home

As of October 2025

This side by side two-family in the city of Oconomowoc offers 3 BR/1.5 BA spacious units, each with an attached garage. It is located a short drive from downtown and nearby local parks. For any investor looking to add to their portfolio or an owner-occupant looking to move to the area, this home presents a great opportunity! Numerous updates: newer roof, gutter, air conditioning, and furnaces

Last Agent to Sell the Property

Mike Herro

Oconomowoc Realty LLC License #29089-90 Listed on: 07/07/2025

Last Buyer's Agent

MetroMLS NON

NON MLS

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,272

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • 2,304 Sq Ft Home
  • Brick Exterior Construction
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Oconomowoc High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant's personal property, Washer, Dryer, Microwave
  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number OCOC0590951003

Property Details

Property Type

Other

Est. Annual Taxes

$6,272

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.22
  • Inclusions: 2 Ovens/Ranges, 2 Fridges, 2 Dishwashers
  • Directions: From Hwy 16 heading towards Oconomowoc, at roundabout take 3rd exit, turn south onto Westover St, two family is on west side of street
  • Property Information:Est Total Sq Ft: 2304
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Full, Block

Exterior Features

  • Exclusions: Tenant's personal property, Washer, Dryer, Microwave
  • Construction Type: Brick, Wood, Vinyl

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Parking Features: Paved Driveway
  • Garage Type: Attached

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Oconomowoc Area
  • High School: Oconomowoc

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: OCOC0590951003

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6271.85
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2025
Closed on
Oct 1, 2025
Sold by
Gephart Timothy J and Gephart Gail S
Bought by
Fleischmann Eric and Fleischmann Diane
Seller's Agent
Mike Herro
Oconomowoc Realty LLC
Buyer's Agent
MetroMLS NON
NON MLS
List Price
$599,900
Sold Price
$500,000
Premium/Discount to List
-$99,900
-16.65%
Views
30
Current Estimated Value
$507,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,853
Avg. Annual Appreciation
1.90%
Original Mortgage
$375,000
Outstanding Balance
$375,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$129,059

Purchase Details

Closed on
Oct 9, 2020
Sold by
Ajlw Properties Llc
Bought by
Gephart Timothy J and Gephart Gail S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
Mundschau George A
Bought by
Ajlw 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
$188,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $500,000 Knight Barry Title
Warranty Deed $389,900 None Available
Warranty Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $188,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 Sold $500,000 -3.8% $217 / Sq Ft
08/30/2025 08/30/25 Price Changed $519,900 -3.7% $226 / Sq Ft
08/18/2025 08/18/25 Price Changed $539,900 -1.8% $234 / Sq Ft
07/23/2025 07/23/25 Price Changed $549,900 -8.3% $239 / Sq Ft
07/07/2025 07/07/25 For Sale $599,900 -- $260 / Sq Ft
Source: Metro MLS

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 $6,272 $549,700 $72,900 $476,800
2023 $5,663 $468,700 $72,900 $395,800
2022 $6,489 $441,300 $72,900 $368,400
2021 $5,681 $389,900 $72,900 $317,000
2020 $4,311 $230,900 $49,600 $181,300
2019 $4,189 $230,900 $49,600 $181,300
2018 $4,044 $230,900 $49,600 $181,300
2017 $4,179 $230,900 $49,600 $181,300
2016 $4,031 $230,900 $49,600 $181,300
2015 $3,998 $230,900 $49,600 $181,300
2014 $4,328 $230,900 $49,600 $181,300
2013 $4,328 $264,900 $54,100 $210,800
Source: Public Records

Agents Affiliated with this Home

  • Mike Herro

    Seller's Agent in 2025

    Mike Herro

    Oconomowoc Realty LLC

    (262) 490-4272

    24 in this area

    53 Total Sales

    Mike Herro
    Section Image

  • M

    Buyer's Agent in 2025

    MetroMLS NON

    NON MLS

See All Agents

Map

Source: Metro MLS

MLS Number: 1925000

Metro MLS

APN: OCOC-0590-951-003

Wisconsin Waukesha County Oconomowoc 53066

318 Frederick Ct, Oconomowoc, WI

Sold

Other

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