NOT LISTED FOR SALE

345 Rae Ln Mayville, WI 53050

Estimated Value: $173,599 - $220,000

-- Bed
-- Bath
1,976 Sq Ft
$102/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $118,100 $60 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,230/month

28 Days on Market

About This Home

As of October 2020

Investment opportunities awaits! This 2 family home sits at the end of the cul-de-sac. Both units feature eat in kitchens, large family rooms, 2 bedrooms and full bath. Separate Laundry rooms. Each unit gets 1 car attached garage. Electric baseboard heat, tenant pays electric. Landlord pays water/sewer. Both units have wonderful established tenants. Seller is in the process of putting on a new roof. Walking distance to schools, parks, TAG Center and beautiful downtown Mayville.

Last Agent to Sell the Property

Brenda Bruyette

Coldwell Banker Realty License #54954-90 Listed on: 08/19/2020

Coldwell Banker Realty

Last Buyer's Agent

Corey Paszkiewicz

EXP Realty LLC-West Allis License #82961-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,669

Year Built

  • Built in 1976

Lot Details

  • 0.35 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property

Schools

  • Parkview Elementary School
  • Mayville Middle School
  • Mayville High School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller and Tenants personal Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,669

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 Stoves, 2 Refrigerators
  • Directions: HWY 33, North on HWY 67, West on Henninger St., South on Rae Lane to Property.
  • New Construction: No
  • Year Built: 1976
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 345 Rae LANE
  • Lot Acreage: 0.35
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: None / Slab
  • Second Floor Total Sq Ft: 1976.00

Exterior Features

  • Exclusions: Seller and Tenants personal Property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, 2 Car
  • Garage Spaces: 2.0

Utilities

  • Utilities: 2 Electric Meters, No Gas Meter
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Elementary School: Parkview
  • High School: Mayville
  • Junior High Dist: Mayville

Lot Info

  • Zoning: Res
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2019
  • Total Taxes: 2669.07

MLS Schools

  • Middle School: Mayville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Oct 21, 2020
Sold by
Leal Daniel and Leal Joanne
Bought by
Beringer Ted
Seller's Agent
Brenda Bruyette
Coldwell Banker Realty
Buyer's Agent
Corey Paszkiewicz
EXP Realty LLC-West Allis
List Price
$118,100
Sold Price
$118,100
Current Estimated Value
$201,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,050
Avg. Annual Appreciation
11.12%
Original Mortgage
$88,575
Outstanding Balance
$78,783
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$122,367
Source: Public Records

Range of Values:

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Average Value
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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
Beringer Ted $118,100 Prism Title Midwest Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beringer Ted $88,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2020 10/26/20 Sold $118,100 0.0% $60 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $118,100 -- $60 / Sq Ft
Source: Metro MLS

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 $2,058 $125,000 $30,000 $95,000
2023 $2,021 $125,000 $30,000 $95,000
2022 $1,958 $125,000 $30,000 $95,000
2021 $2,641 $112,500 $28,000 $84,500
2020 $2,685 $112,500 $28,000 $84,500
2019 $2,669 $112,500 $28,000 $84,500
2018 $2,664 $112,500 $28,000 $84,500
2017 $2,680 $112,500 $28,000 $84,500
2016 $2,469 $112,500 $28,000 $84,500
2015 $2,699 $112,500 $28,000 $84,500
2014 $2,747 $112,500 $28,000 $84,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1705195

Metro MLS

APN: 251-1216-2312-087