NOT LISTED FOR SALE

448 Spring St Ripon, WI 54971

Estimated Value: $157,000 - $227,000

4 Beds
2 Baths
1,440 Sq Ft
$127/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $62,500 $43 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $1,089/month

About This Home

As of January 2019

Investment or owner occupied opportunity! This 2 story duplex has a main floor apartment and upper apartment with good rental history with a location close to the Mill pond, downtown and Ripon College. Upper unit has a gas space heater, bedrooms electric heat Main level unit has Gas forced air

Last Agent to Sell the Property

Joan Karsten

Better Homes and Gardens Real Estate Special Properties License #47252-90 Listed on: 03/13/2018

Better Homes and Gardens Real Estate Special Properties

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,311

Year Built

  • Built in 1900

Lot Details

  • 7,841

Parking

  • 1 Covered Space

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Barlowpark/Murraypark Elementary School
  • Ripon Middle School
  • Ripon High School

Additional Features

  • 7,841 Sq Ft Lot
  • Radiant Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number RIP1614211429008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,311

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Municipality: Ripon
  • Status Detail: Sold
  • Mailing City: Ripon
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Inside: 1

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached

Schools

  • School District: Ripon
  • Elementary School: BarlowPark/MurrayPark
  • Middle School: Ripon
  • High School: Ripon
  • Elementary School: BarlowPark/MurrayPark
  • High School: Ripon
  • Middle School: Ripon
  • School District: Ripon

Lot Info

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

Tax Info

  • Land Assessment: 21100
  • Improvements: 40500
  • Total Assessment: 61600
  • Assessment year: 2017
  • Net Taxes: 1311
  • Tax Year: 2017
  • Assessor Parcel Number: RIP1614211429008

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
Jan 23, 2019
Sold by
Quadstar Investments Llc
Bought by
Lokken Matthew J
Seller's Agent
Joan Karsten
Better Homes and Gardens Real Estate Special Properties
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$69,900
Sold Price
$62,500
Premium/Discount to List
-$7,400
-10.59%
Current Estimated Value
$182,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,777
Avg. Annual Appreciation
17.27%
Original Mortgage
$53,125
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 27, 2010
Sold by
A & J Rentals Llc
Bought by
Quadstar Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
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
Lokken Matthew J $62,500 Guaranty Title Services Inc
Quadstar Investments Llc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lokken Matthew J $53,125
Previous Owner Quadstar Investments Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2019 01/25/19 Sold $62,500 -10.6% $43 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $69,900 -- $49 / 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 $1,465 $75,500 $17,000 $58,500
2023 $1,383 $75,500 $17,000 $58,500
2022 $1,359 $75,500 $17,000 $58,500
2021 $1,569 $75,500 $17,000 $58,500
2020 $1,956 $74,700 $17,000 $57,700
2019 $1,733 $74,700 $17,000 $57,700
2018 $1,601 $74,700 $17,000 $57,700
2017 $1,311 $61,600 $21,100 $40,500
2016 $1,369 $61,600 $21,100 $40,500
2015 $1,453 $61,600 $21,100 $40,500
2014 $1,435 $61,600 $21,100 $40,500
2013 $1,414 $61,600 $21,100 $40,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1824847

South Central Wisconsin Multiple Listing Service

APN: RIP-16-14-21-14-290-08