NOT LISTED FOR SALE

425 E King St Coloma, WI 54930

Estimated Value: $587,683

1 Bed
1 Bath
576 Sq Ft
$1,020/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $340,000 $590 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,809/month

261 Days on Market

Highlights

  • Balcony
  • Level Entry For Accessibility
  • Ramped or Level from Garage
  • Eat-In Kitchen
  • Accessible Bedroom
  • Accessible Full Bathroom

About This Home

As of May 2019

PER USDA THIS PROPERTY IS AVAILABLE TO NON-PROFIT BUYERS ONLY UNTIL 12-25-18. Great location on the edge of town. Good investment property. 12 unit apartment in Coloma. 12 one bedroom units. Building in very good condition. 25x25 common area. USDA Rural Development may provide funding to make this purchase possible. Funding includes 100 percent Rental Assistance, a one percent loan for purchase and a $50,000 grant to purchase expenses. Funding is for non-profit only.

Last Agent to Sell the Property

Alex Pfister

Century 21 Affiliated Pfister License #8624-90 Listed on: 05/22/2018

Century 21 Affiliated Pfister

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,649

Year Built

  • Built in 1979

Lot Details

  • 1 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Bathroom on Main Level
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 12 Open Parking Spaces
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility
  • Ramped or Level from Garage

Outdoor Features

  • Balcony

Schools

  • Coloma Elementary School
  • Westfield Middle School
  • Westfield High School

Utilities

  • Radiant Heating System
  • Separate Meters

Community Details

  • 12 Units
  • Laundry Facilities
  • Net Operating Income $25,693

Listing and Financial Details

  • Assessor Parcel Number 111-01478-2500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,649

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Municipality: Coloma
  • Status Detail: Sold
  • Mailing City: Coloma
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 1 story
  • Barrier Free: Ramped or level entrance, Ramped or lvl from garage, First floor bedroom, First floor full bath, Level drive, Level lot, Width of hallways 36"+
  • Miscellaneous: Shared laundry
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Outside: 12

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 32614

Schools

  • Elementary School: Coloma
  • High School: Westfield
  • Middle School: Westfield
  • School District: Westfield

Lot Info

  • Estimated Aces: 1
  • Zoning: R-4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 58307

Tax Info

  • Net Taxes: 3649
  • Tax Year: 2018
  • Assessor Parcel Number: 111-01478-2500

Multi Family

  • Number Of1 Bedrooms: 12
  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2024
Sold by
Beaumont Michael P
Bought by
Beaumont Michael P
Current Estimated Value
$587,683

Purchase Details

Listed on
May 22, 2018
Closed on
May 15, 2019
Sold by
Affordable Housing Fund I
Bought by
Beaumont Michael P
Seller's Agent
Alex Pfister
Century 21 Affiliated Pfister
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Beaumont Michael P $380,000 Attorney Anthony J Staskunas
Beaumont Michael P $340,000 Nations Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2019 05/15/19 Sold $340,000 -2.9% $590 / Sq Ft
05/22/2018 05/22/18 For Sale $350,000 -- $608 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $9,086 $507,700 $17,300 $490,400
2023 $7,136 $262,500 $17,300 $245,200
2022 $6,549 $262,500 $17,300 $245,200
2021 $6,747 $262,500 $17,300 $245,200
2020 $6,866 $262,500 $17,300 $245,200
2019 $6,546 $262,500 $17,300 $245,200
2018 $3,649 $139,900 $17,300 $122,600
2017 $3,571 $139,900 $17,300 $122,600
2016 $3,651 $139,900 $17,300 $122,600
2015 $3,527 $139,900 $17,300 $122,600
2014 -- $139,900 $17,300 $122,600
2013 -- $175,700 $17,300 $158,400
Source: Public Records

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1831588

South Central Wisconsin Multiple Listing Service

APN: 111-01478-2500

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