NOT LISTED FOR SALE

400 Garfield St Stoughton, WI 53589

Estimated Value: $1,138,831

8 Beds
4 Baths
4,125 Sq Ft
$276/Sq Ft Est. Value

Last Sold February 12, 2014

Last sale price $521,000 $126 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $6,875/month

Highlights

  • Dining Room
  • Family Room
  • 2-minute walk to Veteran's Memorial Park
  • Fox Prairie Elementary School Rated 9+
  • Washer and Dryer

About This Home

As of February 2014

Gorgeous 6 unit brick apartment with 2 bedrooms and 1 bath in each unit. Located just off W. Main St. in Stoughton on a nice 26,136 sq. ft. corner lot. Each unit has a very nice spacious layout as well as laundry and dish washers in each unit. Ample parking and currently fully leased with an annual gross income of $56,280. Tenants pay heat, electric and hot water.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 09/11/2013

Last Buyer's Agent

Kathy DePrey

Stark Company, REALTORS License #39600-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,500

Lot Details

  • 0.6

Parking

  • Outside Parking

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Schools

  • Call School District Elementary And Middle School
  • Stoughton High School

Utilities

  • Radiant Heating System
  • Separate Meters

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 0511-082-6644-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,500

Lot Details

0

Listing Details

  • Municipality: Stoughton
  • Status Detail: Sold
  • Mailing City: Stoughton
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Noi Year: 2013
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 6
  • Number Dryers: 6
  • Number Refrigerators: 6
  • Number Stoves: 6
  • Number Washers: 6
  • Number Water Heaters: 6
  • Number Water Softeners: 6

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Zoning: 1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 56280

Tax Info

  • Land Assessment: 117400
  • Improvements: 426800
  • Total Assessment: 544200
  • Assessment year: 2013
  • Net Taxes: 12500
  • Tax Year: 2012
  • Assessor Parcel Number: 0511-082-6644-9

Multi Family

  • Number Of2 Bedrooms: 6
  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2013
Closed on
Feb 12, 2014
Sold by
400 Garfield Street Llc
Bought by
Mensink Elisabeth A H
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Kathy DePrey
Stark Company, REALTORS
List Price
$550,000
Sold Price
$521,000
Premium/Discount to List
-$29,000
-5.27%
Current Estimated Value
$1,138,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,831
Avg. Annual Appreciation
6.91%
Original Mortgage
$362,100
Interest Rate
4.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2009
Sold by
Nickel Robin M
Bought by
400 Garfield Street Llc
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
Mensink Elisabeth A H $521,500 First American Title
400 Garfield Street Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mensink Elisabeth A H $362,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2014 02/12/14 Sold $521,000 -5.3% $126 / Sq Ft
01/06/2014 01/06/14 Pending -- -- --
09/11/2013 09/11/13 For Sale $550,000 -- $133 / 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 $10,825 $655,400 $117,400 $538,000
2023 $9,417 $595,800 $117,400 $478,400
2021 $8,389 $439,600 $117,400 $322,200
2020 $8,964 $439,600 $117,400 $322,200
2019 $9,312 $439,600 $117,400 $322,200
2018 $11,263 $521,500 $117,400 $404,100
2017 $11,781 $521,500 $117,400 $404,100
2016 $11,508 $521,500 $117,400 $404,100
2015 $11,690 $521,500 $117,400 $404,100
2014 $11,767 $521,500 $117,400 $404,100
2013 $11,729 $544,200 $117,400 $426,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1696753

South Central Wisconsin Multiple Listing Service

APN: 0511-082-6644-9