NOT LISTED FOR SALE

326 N Main St Cottage Grove, WI 53527

Estimated Value: $403,248

7 Beds
4 Baths
-- Sq Ft
0.48 Acres

Last Sold December 30, 2016

Last sale price $235,000

Est. 72% increase in value since last sale

Current estimated payment $2,965/month

Highlights

  • Eat-In Kitchen
  • Monona Grove High School Rated A-
  • Forced Air Heating System

About This Home

As of December 2016

Fully rented and easy to rent 4 unit in Cottage Grove. This money making investment property may be under rented. Located in highly desirable Monona Grove School District within walking distance to Cottage Grove elementary school. Each unit gets a bonus garage stall. Wonderful opportunity for the first time investor or to expand existing portfolio. One 3 bedroom, one 2 bedroom and two 1 bedrooms. 10% return on investment & additional coin op laundry.

Last Agent to Sell the Property

Don Huibregtse

First Weber Inc License #50649-90 Listed on: 03/11/2014

First Weber Inc

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,811

Year Built

  • Built in 1889

Lot Details

  • 0.48

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Schools

  • Taylor Prairie Elementary School
  • Glacial Drumlin Middle School
  • Monona Grove High School

Utilities

  • Forced Air Heating System

Community Details

  • 4 Units
  • Net Operating Income $19,781

Listing and Financial Details

  • Assessor Parcel Number 0711-094-9150-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,811

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Municipality: Cottage Grove
  • Status Detail: Sold
  • Mailing City: Cottage Grove
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 3 story
  • Noi Year: 2011
  • Year Built: 1889
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Furnaces: 1
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Water Heaters: 3
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage

Fee Information

  • Total Expenses: 13099

Schools

  • School District: Monona Grove
  • Elementary School: Taylor Prairie
  • Middle School: Glacial Drumlin
  • High School: Monona Grove
  • Elementary School: Taylor Prairie
  • High School: Monona Grove
  • Middle School: Glacial Drumlin
  • School District: Monona Grove

Lot Info

  • Zoning: R-1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 32880

Tax Info

  • Land Assessment: 54400
  • Improvements: 205400
  • Total Assessment: 259800
  • Assessment year: 2014
  • Net Taxes: 5811
  • Tax Year: 2015
  • Assessor Parcel Number: 0711-094-9150-2

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2014
Closed on
Dec 28, 2016
Sold by
Neesvig Mark A and Neesvig Laurie J
Bought by
Wolff Brian W
Seller's Agent
Don Huibregtse
First Weber Inc
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Current Estimated Value
$403,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,248
Avg. Annual Appreciation
6.35%
Original Mortgage
$171,084
Outstanding Balance
$140,828
Interest Rate
4.08%
Mortgage Type
Commercial
Estimated Equity
$262,420
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
Wolff Brian W $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolff Brian W $171,084
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $235,000 -6.0% --
10/17/2016 10/17/16 Pending -- -- --
03/11/2014 03/11/14 For Sale $249,900 -- --
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 $9,830 $271,000 $64,500 $206,500
2023 $8,971 $271,000 $64,500 $206,500
2021 $8,230 $271,000 $64,500 $206,500
2020 $9,098 $271,000 $64,500 $206,500
2019 $11,245 $259,800 $54,400 $205,400
2018 $7,488 $259,800 $54,400 $205,400
2017 $6,744 $259,800 $54,400 $205,400
2016 $6,002 $259,800 $54,400 $205,400
2015 $5,550 $259,800 $54,400 $205,400
2014 $5,567 $259,800 $54,400 $205,400
2013 $6,009 $259,800 $54,400 $205,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Don Huibregtse

    First Weber Inc

    Section Image

  • S

    Buyer's Agent in 2016

    SCWMLS Non-Member

    South Central Non-Member

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1708522

South Central Wisconsin Multiple Listing Service

APN: 0711-094-9150-2

Wisconsin Dane County Cottage Grove 53527

326 N Main St, Cottage Grove, WI

This home is located at 326 N Main St, Cottage Grove, WI 53527 since 11 March 2014 and is currently estimated at $403,248. This property was built in 1889. 326 N Main St is a home located in Dane County with nearby schools including Taylor Prairie Elementary School, Cottage Grove Elementary School, and Glacial Drumlin School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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