NOT LISTED FOR SALE

335 Rae Ln Mayville, WI 53050

-- Bed
-- Bath
-- Sq Ft
0.43 Acres

Last Sold September 02, 2021

Last sale price $250,000

53 Days on Market

Highlights

  • Balcony
  • Dining Room
  • Washer and Dryer
  • Central Air

About This Home

As of September 2021

Brick four-family on quiet cul-de-sac with strong rental history. Each unit is 2 bed / 1 bath with in unit laundry and private yard. 1/4 mile from middle school and 3/4 mile from high school.

Last Agent to Sell the Property

Kory Krieser

Krieser Real Estate License #54567-90 Listed on: 06/07/2021

Last Buyer's Agent

Judy Huebner House to Home Team

Keller Williams Realty-Milwaukee North Shore License #73716-94

Keller Williams Realty-Milwaukee North Shore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,860

Year Built

  • Built in 1965

Lot Details

  • 0.43

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Dining Room
  • Oven or Range
  • Washer and Dryer

Parking

  • 8 Open Parking Spaces
  • Outside Parking

Schools

  • Call School District Elementary School
  • Mayville Middle School
  • Mayville High School

Additional Features

  • Balcony
  • 0.43 Acre Lot
  • Central Air

Community Details

  • 4 Units
  • Net Operating Income $16,174

Listing and Financial Details

  • Assessor Parcel Number 251-1216-2312-045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,860

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Municipality: Mayville
  • Status Detail: Sold
  • Mailing City: Mayville
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: One of the two sheds is owned by a tenant and will be marked as such.
  • Items Included: All appliances, one shed and riding lawn tractor.
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Electric
  • Parking Stalls Outside: 8

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside

Fee Information

  • Total Expenses: 6626

Schools

  • Elementary School: Call School District
  • High School: Mayville
  • Middle School: Mayville
  • School District: Mayville

Lot Info

  • Estimated Aces: 0.43
  • Zoning: R-B-1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 22800

Tax Info

  • Net Taxes: 4860
  • Tax Year: 2020
  • Assessor Parcel Number: 251-1216-2312-045

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Gewiss Andrew M and Gewiss Cassandra N
Bought by
On Point Properties & Plats Llc

Purchase Details

Listed on
Jun 7, 2021
Closed on
Sep 2, 2021
Sold by
Wendorff Gene
Bought by
Gewiss Andrew M and Gewiss Cassandra N
Seller's Agent
Kory Krieser
Krieser Real Estate
Buyer's Agent
Judy Huebner House to Home Team
Keller Williams Realty-Milwaukee North Shore
List Price
$350,000
Sold Price
$250,000
Premium/Discount to List
-$100,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2021
Closed on
Sep 1, 2021
Sold by
Kurt C And Marcia K Krieser Revocable Tr
Bought by
Gewiss Andrew M and Gewiss Cassandra N
Seller's Agent
Kory Krieser
Krieser Real Estate
Buyer's Agent
Judy Huebner House to Home Team
Keller Williams Realty-Milwaukee North Shore
List Price
$350,000
Sold Price
$250,000
Premium/Discount to List
-$100,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2017
Sold by
Krieser Kurtc
Bought by
Kurt C And Marcia K Krieser Revocable Tr
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
On Point Properties & Plats Llc -- None Listed On Document
Gewiss Andrew M $125,000 None Available
Gewiss Andrew M $125,000 None Available
Kurt C And Marcia K Krieser Revocable Tr -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gewiss Andrew M $187,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2021 09/02/21 Sold $250,000 -13.8% --
06/30/2021 06/30/21 Price Changed $290,000 -10.8% --
06/22/2021 06/22/21 Price Changed $325,000 -7.1% --
06/07/2021 06/07/21 For Sale $350,000 -- --
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 $4,329 $258,800 $33,500 $225,300
2023 $4,255 $258,800 $33,500 $225,300
2022 $4,199 $258,800 $33,500 $225,300
2021 $4,554 $191,900 $26,500 $165,400
2020 $4,861 $191,900 $26,500 $165,400
2019 $4,602 $191,900 $26,500 $165,400
2018 $4,958 $191,900 $26,500 $165,400
2017 $4,624 $191,900 $26,500 $165,400
2016 $4,254 $191,900 $26,500 $165,400
2015 $4,652 $191,900 $26,500 $165,400
2014 $4,685 $191,900 $26,500 $165,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: MM1744786

South Central Wisconsin Multiple Listing Service

APN: 251-1216-2312-045