$140,000
SOLD JUN 4, 2025

432 W Cherry St Lancaster, WI 53813

-- Bed
-- Bath
1,880 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

7% Below List Price

56 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Winskill Elementary School Rated 9+
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

Long term tenant occupied Duplex Upper and Lower. This home has been well maintained for many years by the same owner. This is placed conveniently close to downtown. Updated Pictures to be added 3/15/2025.

Last Agent to Sell the Property

Brad Klaas

Platteville Realty LLC License #81128-94 Listed on: 03/14/2025

Last Buyer's Agent

Brad Klaas

Platteville Realty LLC License #81128-94 Listed on: 03/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,603

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • Dining Room
  • Wood Flooring
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Parking

  • 2 Open Parking Spaces
  • Outside Parking

Schools

  • Call School District Elementary School
  • Lancaster Middle School
  • Lancaster High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Separate Water Meter
  • Internet Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 246-00958-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,603

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Municipality: Lancaster
  • Status Detail: Sold
  • Mailing City: Lancaster
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Excluded: Tenants Personal Property
  • Items Included: Some Appliances
  • Miscellaneous: Shared laundry, Internet -Fiber Available
  • Year Built: 1900
  • Reso Accessibility Features: First floor bedroom, First floor full bath
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Number Dryers: 1
  • Number Units W Ac: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

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

Lot Info

  • Estimated Aces: 0.18
  • Zoning: RES
  • Geo Subdivision: WI

Rental Info

  • Total Income: 1275

Tax Info

  • Net Taxes: 1603
  • Tax Year: 2024
  • Assessor Parcel Number: 246-00958-0000

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Jun 4, 2025
Sold by
Sitts Properties Llc
Bought by
Ridge Properties Llc
Seller's Agent
Brad Klaas
Platteville Realty LLC
Buyer's Agent
Brad Klaas
Platteville Realty LLC
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Views
44
Current Estimated Value
$139,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$278
Avg. Annual Appreciation
-0.34%
Original Mortgage
$105,000
Outstanding Balance
$104,730
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$34,992

Purchase Details

Closed on
Dec 21, 2018
Sold by
Sitts Brian J and Sitts Becky J
Bought by
Sitts Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,547
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $105,000 Credit Line Revolving
Previous Owner $316,547 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2025 06/04/25 Sold $140,000 -6.6% $74 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $149,900 0.0% $80 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $149,900 -- $80 / 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 $1,604 $106,100 $22,400 $83,700
2023 $1,569 $106,100 $22,400 $83,700
2022 $1,485 $106,100 $22,400 $83,700
2021 $1,480 $75,400 $14,900 $60,500
2020 $1,450 $75,400 $14,900 $60,500
2019 $1,550 $75,400 $1,490 $6,050
2018 $1,551 $75,400 $14,900 $60,500
2017 $1,461 $75,400 $14,900 $60,500
2016 $1,452 $75,400 $14,900 $60,500
2015 $1,496 $75,400 $14,900 $60,500
2014 $1,516 $75,400 $14,900 $60,500
2013 $1,520 $75,400 $14,900 $60,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1995284

South Central Wisconsin Multiple Listing Service

APN: 246-00958-0000