NOT LISTED FOR SALE

501 Oak Ridge Dr Unit 1 Twin Lakes, WI 53181

Estimated Value: $214,000 - $326,659

3 Beds
2 Baths
1,312 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $125,000 $95 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,996/month

64 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • End Unit
  • Forced Air Heating System
  • Wooded Lot
  • 1-Story Property
  • High Speed Internet

About This Home

As of October 2018

Move in ready! Newer Kitchen, appliances, roof and siding with this 3 bedroom 2 bath duplex unit in a self managed condo association. Finished lower level for added living in the Rec Room and walk out to patio. Enjoy the boating season on Lake Mary. Use of beach, picnic area and pier available thru Oak Ridge Association. And boat or jet ski slip can be acquired for an additional $75 per year.

Last Agent to Sell the Property

Melissa Kampschroer

Berkshire Hathaway Starck Real Estate License #82114-94 Listed on: 07/09/2018

Last Buyer's Agent

Mickey Horgan

EXP Realty, LLC~MKE License #35313-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 1978

Lot Details

  • End Unit
  • Wooded Lot

HOA Fees

  • $79 Monthly HOA Fees

Home Design

  • Duplex
  • Aluminum Trim
  • Masonite

Interior Spaces

  • 1,312 Sq Ft Home
  • 1-Story Property

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Surface Parking
  • Assigned Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake

Schools

  • Lakewood Elementary School
  • Wilmot High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Rights
  • Shared Well
  • High Speed Internet

Listing and Financial Details

  • Seller Concessions Not Offered

Community Details

Overview

  • 2 Units
  • Elm Ridge Condominum Condos
  • Oak Ridge Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,414

Year Built

Built in 1978

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Prop. Type: Condo
  • Directions: Lance Drive N to Oak Ridge and home on right
  • New Construction: No
  • Year Built: 1978
  • Below Grade Sq Ft: 200
  • CondoFeeMonthly: 75.0
  • CondoUnitType: 1 Story, End Unit
  • Full Street Address: 501 Oak Ridge DRIVE #1
  • Type 5 Heat Fuel: Natural Gas
  • HOAFeeYearly: 50.0
  • Municipality Type: Village
  • Property Water Features: Lake, Deeded Water Access, Water Access/Rights
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Has Basement: 8'+ Ceiling, Finished, Full, Walk Out/Outer Door
  • Interior Amenities: Cable/Satellite Available, High Speed Internet
  • Master Bedroom Master Bedroom Width: 12
  • Second Floor Total Sq Ft: 1312.00

Exterior Features

  • Exterior Features: Patio/Porch
  • Exterior Building Type: 1 Story, Side X Side
  • Exterior: Aluminum Trim, Masonite/PressBoard

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: Assigned, Surface

Utilities

  • Water Waste: Municipal Sewer, Municipal Water, Shared Well

Association/Amenities

  • Condominium Name: Elm Ridge Condominum
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Number Units In Association: 2

Schools

  • School District: Twin Lakes #4
  • Elementary School: Lakewood
  • High School: Wilmot
  • Elementary School: Lakewood
  • High School: Wilmot
  • Junior High Dist: Twin Lakes #4

Lot Info

  • Zoning: Condo
  • Lot Description: Wooded

Tax Info

  • Tax Year: 2017
  • Total Taxes: 2414.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Oct 17, 2018
Sold by
Cavare Inese
Bought by
Wilkins William R and Wilkins Julie
Seller's Agent
Melissa Kampschroer
Berkshire Hathaway Starck Real Estate
Buyer's Agent
Mickey Horgan
EXP Realty, LLC~MKE
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$290,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,839
Avg. Annual Appreciation
13.40%
Original Mortgage
$112,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2016
Sold by
Schmitt John C and Schmitt Jennifer L
Bought by
Cavare Inese

Purchase Details

Closed on
Apr 11, 2005
Sold by
Stansfield Leilani M
Bought by
Kielbasa Jerry

Purchase Details

Closed on
Mar 7, 2005
Sold by
Stansfield Leilani M
Bought by
Schmitt John C and Schmitt Jennifer L
Source: Public Records

Range of Values:

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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
Wilkins William R $125,000 Advantage Title
Cavare Inese $128,750 --
Kielbasa Jerry $117,000 None Available
Schmitt John C $133,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins William R $114,000
Closed Wilkins William R $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $125,000 0.0% $95 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $125,000 -- $95 / Sq Ft
Source: Metro MLS

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 $3,737 $269,000 $50,000 $219,000
2023 $3,207 $153,800 $23,600 $130,200
2022 $3,486 $153,800 $23,600 $130,200
2021 $3,303 $153,800 $23,600 $130,200
2020 $3,160 $129,200 $23,600 $105,600
2019 $3,060 $129,200 $23,600 $105,600
2018 $2,976 $129,200 $23,600 $105,600
2017 $2,600 $99,900 $23,600 $76,300
2016 $2,604 $99,900 $23,600 $76,300
2015 $2,404 $99,900 $23,600 $76,300
2014 $2,488 $101,400 $25,700 $75,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Melissa Kampschroer

    Berkshire Hathaway Starck Real Estate

  • M

    Buyer's Agent in 2018

    Mickey Horgan

    EXP Realty, LLC~MKE

See All Agents

Map

Source: Metro MLS

MLS Number: 1594340

Metro MLS

APN: 85-4-119-213-2196

Wisconsin Kenosha County Twin Lakes 53181

501 Oak Ridge Dr Unit 1, Twin Lakes, WI

This home is located at 501 Oak Ridge Dr Unit 1, Twin Lakes, WI 53181 since 09 July 2018 and is currently estimated at $284,665, approximately $216 per square foot. This property was built in 1978. 501 Oak Ridge Dr Unit 1 is a home located in Kenosha County with nearby schools including Lakewood Elementary School and Wilmot High School.

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