NOT LISTED FOR SALE

490 Prairie Ave Unit 492 Lake Mills, WI 53551

Estimated Value: $408,000 - $482,000

6 Beds
6 Baths
4,400 Sq Ft
$104/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $305,000 $69 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,060/month

103 Days on Market

Highlights

  • Open Floorplan
  • Fireplace
  • Accessible Bedroom
  • Balcony
  • Eat-In Kitchen
  • Accessible Full Bathroom

About This Home

As of April 2019

Newer building, close to I-94, fully occupied with long-term, on-time renters (3 & 5 years). Large units at 2,200 sq ft. each have full master suites with walk in closets and master baths with double sinks. Separate utilities for each unit. Extra large partially exposed rec room with third full bath in the basement. Huge unfinished space for storage as well in lower level. Laundry in unit and has the capacity to be in unfinished lower level or moved up to the main level closet. Each side has an attached two car garage and a raised deck off the back.

Last Agent to Sell the Property

Ginger Ramsey

Shine Realty License #57986-90 Listed on: 11/19/2018

Shine Realty

Last Buyer's Agent

Peter Newcomb

INACTIVE W/Local ASSOC License #79031-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,357

Year Built

  • Built in 2003

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Fireplace
  • Family Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Windows

Parking

  • Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Balcony

Schools

  • Lake Mills Elementary And Middle School
  • Lake Mills High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener Leased

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 246-0713-1241-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,357

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Municipality: Lake Mills
  • Status Detail: Sold
  • Mailing City: Lake Mills
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Level drive, Level lot, Width of hallways 36"+, Door openings 36" or more
  • Items Excluded: Tenant's personal property, water softeners rented
  • Items Included: 2 fridges, 2 stoves, 2 dishwashers, 2 washers, 2 dryers, 2 microwaves
  • Miscellaneous: Water Softener Rented
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Finished, Sump pump
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl, Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 4
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached, Opener inc

Schools

  • School District: Lake Mills
  • Elementary School: Lake Mills
  • Middle School: Lake Mills
  • High School: Lake Mills
  • Elementary School: Lake Mills
  • High School: Lake Mills
  • Middle School: Lake Mills
  • School District: Lake Mills

Lot Info

  • Estimated Aces: 0.333
  • Zoning: res
  • Geo Subdivision: WI

Rental Info

  • Total Income: 2700

Tax Info

  • Land Assessment: 60000
  • Improvements: 222800
  • Total Assessment: 282000
  • Assessment year: 2017
  • Net Taxes: 6357
  • Tax Year: 2017
  • Assessor Parcel Number: 246-0713-1241-022

Multi Family

  • Number Of3 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2018
Closed on
Apr 7, 2019
Sold by
Quandt Andrew
Bought by
K2j Investments
Seller's Agent
Ginger Ramsey
Shine Realty
Buyer's Agent
Peter Newcomb
INACTIVE W/Local ASSOC
List Price
$335,000
Sold Price
$305,000
Premium/Discount to List
-$30,000
-8.96%
Current Estimated Value
$456,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,763
Avg. Annual Appreciation
6.95%
Original Mortgage
$244,000
Outstanding Balance
$216,690
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$251,624

Purchase Details

Closed on
Feb 28, 2014
Sold by
Quandt Virginia
Bought by
Quandt Andrew

Purchase Details

Listed on
May 2, 2012
Closed on
Jun 1, 2012
Sold by
Milburn Richard W and Hyde Leon J
Bought by
Quandt Andrew and Quandt Virginia
Seller's Agent
. FSBO Comp
FSBO Comp
Buyer's Agent
Barry Luce
RE/MAX Community Realty
List Price
$315,000
Sold Price
$280,000
Premium/Discount to List
-$35,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$272,333
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2006
Sold by
Tyranenn Ridge Llc
Bought by
Milburn Richard W and Hyde Leon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,555
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
K2j Investments $305,000 None Available
Quandt Andrew -- None Available
Quandt Andrew $277,500 None Available
Milburn Richard W $318,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K2j Investments $244,000
Previous Owner Quandt Andrew S $0
Previous Owner Quantd Andrew $250,000
Previous Owner Quandt Andrew $272,333
Previous Owner Hyde Leon J $16,000
Previous Owner Milburn Richard W $18,600
Previous Owner Milburn Richard W $270,555
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $305,000 +1.7% $69 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
02/25/2019 02/25/19 Price Changed $299,900 -7.7% $68 / Sq Ft
12/11/2018 12/11/18 Price Changed $325,000 -3.0% $74 / Sq Ft
11/19/2018 11/19/18 For Sale $335,000 +19.6% $76 / Sq Ft
05/25/2012 05/25/12 Sold $280,000 -11.1% $62 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $315,000 -- $70 / 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 $6,854 $314,900 $61,500 $253,400
2023 $7,011 $314,900 $61,500 $253,400
2022 $6,691 $314,900 $61,500 $253,400
2021 $6,561 $314,900 $61,500 $253,400
2020 $6,302 $314,900 $61,500 $253,400
2019 $6,415 $314,900 $61,500 $253,400
2018 $6,435 $282,800 $60,000 $222,800
2017 $6,358 $282,800 $60,000 $222,800
2016 $6,439 $282,800 $60,000 $222,800
2015 $6,245 $282,800 $60,000 $222,800
2014 $6,270 $282,800 $60,000 $222,800
2013 $6,801 $282,800 $60,000 $222,800
Source: Public Records

Agents Affiliated with this Home

  • Ginger Ramsey

    Seller's Agent in 2019

    Ginger Ramsey

    Shine Realty

    (608) 217-0822

    85 in this area

    128 Total Sales

    Ginger Ramsey
    Section Image

  • P

    Buyer's Agent in 2019

    Peter Newcomb

    INACTIVE W/Local ASSOC

    Section Image

  • .

    Seller's Agent in 2012

    . FSBO Comp

    FSBO Comp

  • Barry Luce

    Buyer's Agent in 2012

    Barry Luce

    RE/MAX

    (920) 222-9307

    62 in this area

    95 Total Sales

    Barry Luce
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1845762

South Central Wisconsin Multiple Listing Service

APN: 246-0713-1241-022

Wisconsin Jefferson County Lake Mills 53551

490 Prairie Ave Unit 492, Lake Mills, WI

This home is located at 490 Prairie Ave Unit 492, Lake Mills, WI 53551 since 19 November 2018 and is currently estimated at $456,763, approximately $103 per square foot. This property was built in 2003. 490 Prairie Ave Unit 492 is a home located in Jefferson County with nearby schools including Lake Mills Elementary School, Lake Mills Middle School, and Lake Mills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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