497 S Lake St Montello, WI 53949
Estimated payment $2,511/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 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
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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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