497 S Lake St Montello, WI 53949
Estimated payment $2,480/month
Highlights
- Den
- 1-Story Property
- Family Room
- Eat-In Kitchen
- Dining Room
- Washer and Dryer
About This Home
Investors, Rental property, corporate headquarters, VRBO, CBRF, Air B&B Community based Residential facility, 8 one-bedroom apartments with a central living/dining room, Kitchen and dining room, window air, 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. 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
United Country Midwest Lifestyle Properties License #39606-94 Listed on: 07/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,540
Year Built
- Built in 1997
Lot Details
- 0.92 Acre Lot
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Family Room
- Dining Room
- Den
Kitchen
- Eat-In Kitchen
- Oven or Range
Laundry
- Laundry in unit
- Washer and Dryer
Parking
- 8 Open Parking Spaces
- On-Street Parking
- Outside Parking
Schools
- Call School District Elementary School
- Montello Middle School
- Montello High School
Utilities
- Radiant Heating System
- Separate Meters
- Individual Controls for Heating
- Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number 251-00067-0000
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Price Changed | $319,000 | -13.6% | $23 / Sq Ft |
| 09/10/2025 09/10/25 | Price Changed | $369,000 | -38.0% | $53 / Sq Ft |
| 09/10/2025 09/10/25 | Price Changed | $595,000 | +83.1% | $43 / Sq Ft |
| 09/02/2025 09/02/25 | For Sale | $325,000 | -13.3% | $23 / Sq Ft |
| 09/02/2025 09/02/25 | For Sale | $375,000 | -46.4% | $54 / Sq Ft |
| 09/02/2025 09/02/25 | For Sale | $699,000 | +115.1% | $50 / Sq Ft |
| 08/31/2025 08/31/25 | Off Market | $325,000 | -- | -- |
| 08/31/2025 08/31/25 | Off Market | $375,000 | -- | -- |
| 08/31/2025 08/31/25 | Off Market | $699,000 | -- | -- |
| 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
MLS Number: 2004572
APN: 251-00067-0005
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