NOT LISTED FOR SALE

400 Mill Ave Union Grove, WI 53182

Estimated Value: $867,427

-- Bed
-- Bath
7,488 Sq Ft
$116/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $707,500 $94 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,553/month

174 Days on Market

About This Home

As of April 2022

Rare chance to own this fantastic 8 family in Union Grove. All units are 2 bedroom and 1 bath. Many units have been updated. Full basement includes 2 pay washer and dryers. Storage units for rental units. Each unit pays its own electric. Electric heat and water heaters. See documents for current income and expenses.

Last Agent to Sell the Property

Karen Sorenson

RE/MAX Newport Brokerage Email: office@newportelite.com License #56787-90 Listed on: 01/24/2022

RE/MAX Newport

Last Buyer's Agent

Sara Papp

Keller Williams Realty-Milwaukee Southwest License #53261-90

Keller Williams Realty-Milwaukee Southwest

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.54 Acre Lot

Home Design

  • 7,488 Sq Ft Home
  • Composition Roof

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Union Grove Elementary School
  • Union Grove High School

Listing and Financial Details

  • Tenant pays for electricity, heat
  • The owner pays for sewer, water
  • Assessor Parcel Number 186032129328000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.54
  • Directions: Hwy 11 west to 67th north to Mill Rd follow road to property on right side.
  • Attribution Contact: office@newportelite.com
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Laundry Facilities, Full
  • Basement YN: Yes

Exterior Features

  • Construction Type: Partial-Vinyl, Partial-Brick
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Elementary School: Union Grove
  • Junior High Dist: Union Grove J1
  • High School: Union Grove

Lot Info

  • Lot Size Sq Ft: 23522.4
  • Parcel #: 186032129328000

Rental Info

  • Tenant Pays: Electricity, Heat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Apr 28, 2022
Sold by
Wellcraft Properties Llc
Bought by
Kolundzija Enterprises Llc
Seller's Agent
Karen Sorenson
RE/MAX Newport
Buyer's Agent
Sara Papp
Keller Williams Realty-Milwaukee Southwest
List Price
$707,500
Sold Price
$707,500
Current Estimated Value
$867,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,927
Avg. Annual Appreciation
5.68%
Original Mortgage
$555,000
Outstanding Balance
$526,524
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$340,903
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 Buyer Sale Price Title Company
Kolundzija Enterprises Llc $707,500 Schneider John U
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolundzija Enterprises Llc $555,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $707,500 0.0% $94 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
07/30/2021 07/30/21 For Sale $707,500 -- $94 / 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 $12,256 $719,000 $120,000 $599,000
2023 $12,319 $719,000 $120,000 $599,000
2022 $12,839 $719,000 $120,000 $599,000
2021 $12,090 $719,000 $120,000 $599,000
2020 $11,043 $530,000 $88,000 $442,000
2019 $11,447 $530,000 $88,000 $442,000
2018 $10,932 $530,000 $88,000 $442,000
2017 $10,389 $482,100 $88,000 $394,100
2016 $10,417 $482,100 $88,000 $394,100
2015 $11,035 $482,100 $88,000 $394,100
2014 $10,870 $482,100 $88,000 $394,100
2013 $11,326 $482,100 $88,000 $394,100
Source: Public Records

Agents Affiliated with this Home

  • Karen Sorenson

    Seller's Agent in 2022

    Karen Sorenson

    RE/MAX

    (262) 497-5021

    8 in this area

    302 Total Sales

    Karen Sorenson
    Section Image

  • S

    Buyer's Agent in 2022

    Sara Papp

    Keller Williams Realty-Milwaukee Southwest

    (262) 470-3086

    4 in this area

    162 Total Sales

    Sara Papp
    Section Image
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Map

Source: Metro MLS

MLS Number: 1755552

Metro MLS

APN: 186-032129328000

Wisconsin Racine County Union Grove 53182

400 Mill Ave, Union Grove, WI

Not Listed for Sale

MultiFamily

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