NOT LISTED FOR SALE

407 N Patricia St Elkhorn, WI 53121

Estimated Value: $431,000 - $472,642

-- Bed
-- Bath
2,512 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $440,000 $175 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,899/month

7 Days on Market

About This Home

As of March 2024

This duplex property presents an enticing investment opportunity, boasting sought-after features such as its proximity to schools and the desirable layout of each side with two bedrooms, two bathrooms, and attached garages. The inclusion of full basements adds versatility, whether for additional living space or storage. The semi-private wood decks and backyard enhance the appeal, providing outdoor living options. With tenants already in place and expressing interest in signing leases, there's potential for immediate rental income. Conducting a thorough assessment with a realtor will help determine if this property aligns with your investment objectives.

Last Agent to Sell the Property

Bill Leith

KW Lake + Luxury License #49439-90 Listed on: 02/24/2024

KW Lake + Luxury

Last Buyer's Agent

Suanne Riley

Riley Real Estate Group License #60069-90

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,059

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2,512 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Jackson Elementary School
  • Elkhorn Area Middle School
  • Elkhorn Area High School

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, sewer, water, gas
  • Assessor Parcel Number YRE00032

Property Details

Property Type

Other

Est. Annual Taxes

$6,059

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.23
  • Directions: Hwy 11 to First Street, to Patricia St, right to sign
  • Property Information:Est Total Sq Ft: 2512
  • Special Features: None

Interior Features

  • Owner Pays: None
  • Has Basement: Full, Poured Concrete

Exterior Features

  • Construction Type: Vinyl

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4
  • Parking Features: Parking Space, Paved Driveway, Driveway Entrance, Garage Door Opener
  • Garage Type: Attached

Utilities

  • Sewer: Municipal Sewer

Schools

  • Elementary School: Jackson
  • Junior High Dist: Elkhorn Area
  • High School: Elkhorn Area
  • Middle Or Junior School: Elkhorn Area

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: YRE00032

Rental Info

  • Tenant Pays: Electricity, Sewer, Water, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6059
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2025
Sold by
Pierce Dean S and Duckworth Kathryn Marie
Bought by
Culp Katherine L and Robinson Scott W
Current Estimated Value
$458,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Outstanding Balance
$355,944
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$117,212

Purchase Details

Listed on
Feb 24, 2024
Closed on
Mar 22, 2024
Sold by
Johnston Paul A and Johnston Kimbetli S
Bought by
Pierce Dean S and Duckworth Kathryn Marie
Seller's Agent
Bill Leith
KW Lake + Luxury
Buyer's Agent
Suanne Riley
Riley Real Estate Group
List Price
$449,900
Sold Price
$440,000
Premium/Discount to List
-$9,900
-2.2%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$290,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2013
Sold by
Johnston Paul A
Bought by
Johnston Paul A and Johnston Kimberli S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.5%
Mortgage Type
Undefined Multiple Amounts
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
Culp Katherine L $475,000 None Listed On Document
Pierce Dean S $440,000 None Listed On Document
Johnston Paul A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Culp Katherine L $356,250
Previous Owner Pierce Dean S $290,000
Previous Owner Johnston Paul A $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $440,000 -2.2% $175 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $449,900 -- $179 / 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 $5,705 $391,400 $27,800 $363,600
2023 $6,058 $386,700 $27,800 $358,900
2022 $6,116 $360,400 $27,800 $332,600
2021 $5,664 $305,600 $27,800 $277,800
2020 $5,549 $278,200 $27,800 $250,400
2019 $5,107 $262,300 $27,800 $234,500
2018 $4,822 $239,300 $27,800 $211,500
2017 $4,848 $239,300 $27,800 $211,500
2016 $4,733 $222,500 $27,800 $194,700
2015 $4,738 $214,700 $27,800 $186,900
2014 $4,866 $216,000 $27,800 $188,200
2013 $4,866 $203,000 $27,800 $175,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Bill Leith

    KW Lake + Luxury

    (262) 903-4833

    2 in this area

    5 Total Sales

    Bill Leith
    Section Image
  • Suanne Riley

    Buyer's Agent in 2024

    Suanne Riley

    Riley Real Estate Group

    (262) 909-2771

    2 in this area

    64 Total Sales

    Suanne Riley
    Section Image
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Map

Source: Metro MLS

MLS Number: 1865600

Metro MLS

APN: YRE00032

Wisconsin Walworth County Elkhorn 53121

407 N Patricia St, Elkhorn, WI

This home is located at 407 N Patricia St, Elkhorn, WI 53121 since 24 February 2024 and is currently estimated at $458,911, approximately $182 per square foot. 407 N Patricia St is a home located in Walworth County with nearby schools including Jackson Elementary School, Elkhorn Area Middle School, and Elkhorn Area High School.

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