$325,000

497 S Lake St Montello, WI 53949

Estimated payment $2,256/month

Total Views 3,800
-- Bed
-- Bath
14,000 Sq Ft
$23 Price per Sq Ft

Highlights

  • Open Floorplan
  • Eat-In Kitchen
  • Roll-in Shower
  • Den
  • Accessible Approach with Ramp
  • Bathroom on Main Level

About This Home

Investors, Rental property, corporate headquarters, VRBO, CBRF, Air B&B Community based Residential facility, 8 one-bedroom apartments with a large living room, Kitchen and dining room, 2 full baths plus Apt. 1 and 6 each have a half bath, private office. All electric heat, sprinkler system in place, no basements, everything on 1 floor, laundry, pantry's and walk out patios. Black top parking out-front on a large lot. Currently no income. Set your own rents. Great extra income property. many different uses, nursing home, apt. building, efficiency rental. Located in a great historical city of Montello Wi. located near the fox river system. Quiet neighborhood. great investment! Built in 1997. Brick and vinyl exterior. Easy to maintain. Additional building available See MLS #1999848 Buy one or 2 units, 8 or 16 units, 2 buildings can be purchased, Conference center, corp. Extra cash

Listing Agent

Terry Dixon

United Country Midwest Lifestyle Properties License #39606-94 Listed on: 07/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,825

Year Built

  • Built in 1997

Lot Details

  • 0.46 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Bathroom on Main Level
  • 1-Story Property
  • Open Floorplan
  • Low Emissivity Windows
  • Family Room
  • Dining Room
  • Den
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 8 Open Parking Spaces
  • Driveway Level
  • On-Street Parking
  • Outside Parking

Accessible Home Design

  • Roll-in Shower
  • Grab Bar In Bathroom
  • Accessible Approach with Ramp
  • Low Pile Carpeting

Schools

  • Call School District Elementary School
  • Montello Middle School
  • Montello High School

Utilities

  • Radiant Heating System
  • Separate Meters
  • Separate Water Meter
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 251-00067-0005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,825

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Municipality: Montello
  • Status Detail: Active
  • Mailing City: Montello
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 1 story, SingleFam zoned MultiFam, 2 houses on 1 lot
  • Items Excluded: Personal Property
  • Miscellaneous: Building Sprinkler System, Internet - Cable
  • Year Built: 1997
  • Reso Accessibility Features: Open floor plan, Ramped or level entrance, First floor bedroom, First floor full bath, Roll-In Shower, Grab bars in bath, Level drive, Level lot, Minimum hallway 36", Low pile or no carpeting
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 1
  • Number Refrigerators: 1
  • Number Stoves: 1
  • Number Washers: 1
  • Number Water Heaters: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Outside: 8

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached, Outside
  • Utilities: Separate elec meters, Separate water meters

Schools

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

Lot Info

  • Estimated Aces: 0.46
  • Zoning: Commerical
  • Geo Subdivision: WI

Green Features

  • Energy Efficient Green: Low E Windows

Tax Info

  • Land Assessment: 24200
  • Improvements: 209000
  • Total Assessment: 233200
  • Assessment year: 2024
  • Net Taxes: 5825
  • Tax Year: 2024
  • Assessor Parcel Number: 251-00067-0005

Multi Family

  • Number Of1 Bedrooms: 8
  • Number Of Efficiencies: 8
  • Number Of Units: 1

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,824 $233,200 $24,200 $209,000
2023 $5,776 $233,200 $24,200 $209,000
2022 $5,616 $233,200 $24,200 $209,000
2021 $5,543 $233,200 $24,200 $209,000
2020 $5,861 $233,200 $24,200 $209,000
2019 $5,943 $233,200 $24,200 $209,000
2018 $5,990 $233,200 $24,200 $209,000
2017 $6,072 $233,200 $24,200 $209,000
2016 $6,494 $233,200 $24,200 $209,000
2015 $641,071 $233,200 $24,200 $209,000
2014 -- $233,200 $24,200 $209,000
2013 -- $233,200 $24,200 $209,000
2012 -- $233,200 $24,200 $209,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $325,000 -13.3% $23 / Sq Ft
07/17/2025 07/17/25 For Sale $375,000 -46.4% $54 / Sq Ft
05/14/2025 05/14/25 For Sale $699,000 -- $50 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2004573

South Central Wisconsin Multiple Listing Service

APN: 251-00067-0005