NOT LISTED FOR SALE

501 W Grand Ave Beloit, WI 53511

Beloit Area

Estimated Value: $2,113,805

3 Beds
2 Baths
1,270 Sq Ft
$1,664/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2018

Last sale price $970,000 $764 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $13,073 / mo

8 Days on Market

Highlights

  • 0.83 Acre Lot
  • Wood Flooring
  • Detached Garage
  • Open Floorplan
  • Main Floor Bedroom
  • 4-minute walk to Field Park

About This Home

As of July 2018

This is a well kept 16 unit located amongst schools and industry. This unit has mostly all updated units and a good core group of long term tenants. unit comes with a detached garage for each unit and a double for the owners use. Beloit Auction house rents it occasionally for 100 a month. 16 storage units are located in the basement and has a maintenance room and extra non occupied apartment in the basement. Washer and dryers are coin operated and are owned not leased. Water sooner for entire building is owned not leased. This unit is professionally managed.

Last Agent to Sell the Property

russell zueger

Investor's Choice Property Management LLC License #57151-90 Listed on: 06/18/2018

Last Buyer's Agent

Marianne Walker

Walker Realty Group, LLC License #55667-90

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,561

Year Built

  • Built in 1983

Lot Details

  • 36,111 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Main Floor Bedroom
  • 2-Story Property
  • Open Floorplan
  • Family Room
  • Dining Room
  • Wood Flooring
  • Finished Basement
  • Partial Basement
  • Oven or Range

Home Security

  • Home Security System
  • Fire Sprinkler System

Parking

  • Detached Garage
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Bedroom
  • Level Entry For Accessibility

Schools

  • Hackett Elementary School
  • Call School District Middle School
  • Memorial High School

Utilities

  • Central Air
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Additional Features

  • Outdoor Storage
  • Property is near bus stop

Community Details

  • 16 Units
  • Laundry Facilities
  • Net Operating Income $86,019

Listing and Financial Details

  • Assessor Parcel Number 20613560985

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,561

Year Built

Built in 1983

Lot Details

0.83 Acres

Listing Details

  • Municipality: Beloit
  • Status Detail: Sold
  • Mailing City: Beloit
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: Open floor plan, Ramped or level entrance, First floor bedroom, Level drive, Level lot
  • Miscellaneous: Security system, Shared laundry, Close to bus line, Water Softener Owned, Building Sprinkler System
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Finished
  • Number Dryers: 3
  • Number Units W Ac: 16
  • Number Washers: 3
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Electric
  • Parking Stalls Inside: 16
  • Parking Stalls Outside: 16

Utilities

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

Fee Information

  • Total Expenses: 27561

Schools

  • Elementary School: Hackett
  • High School: Memorial
  • Middle School: Call School District
  • School District: Beloit

Lot Info

  • Estimated Aces: 0.829
  • Zoning: res
  • Geo Subdivision: WI

Rental Info

  • Total Income: 113580

Tax Info

  • Net Taxes: 18561
  • Tax Year: 2017
  • Assessor Parcel Number: 20613560985

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of2 Bedrooms: 12
  • Number Of Units: 16

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
Walker Marianne and Walker Richard
Bought by
Current Estimated Value
$2,113,805

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jul 31, 2018
Sold by
C & E Builders Inc
Bought by
Walker Property Management Llc
Seller's Agent
russell zueger
Investor's Choice Property Management LLC
Buyer's Agent
Marianne Walker
Walker Realty Group, LLC
List Price
$995,000
Sold Price
$970,000
Premium/Discount to List
-$25,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$776,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Beloit, WI

  • Allen Morris Real Estate Agent - Berkshire Hathaway HomeServices True Realty

    Allen Morris

    Berkshire Hathaway HomeServices True Realty

    (608) 208-9971

    131 Total Sales

    8 in Beloit

    $120K - $300K Price Range

    Allen Morris
     Section Image
  • Dave Larson Real Estate Agent - Keller Williams Realty Signature

    Dave Larson

    Responds Quickly

    Keller Williams Realty Signature

    (779) 368-2150

    136 Total Sales

    3 in Beloit

    $95K - $387K Price Range

    Dave Larson
     Section Image
  • Lindsey Chrostowski Real Estate Agent - Rock Realty

    Lindsey Chrostowski

    Rock Realty

    (608) 530-6309

    107 Total Sales

    15 in Beloit

    $155K - $458K Price Range

    Lindsey Chrostowski
     Section Image
  • Holly Nehls Real Estate Agent - Century 21 Affiliated

    Holly Nehls

    Century 21 Affiliated

    (608) 530-6379

    50 Total Sales

    27 in Beloit

    $65K - $450K Price Range

    Holly Nehls
     Section Image
  • Teresa Skridla Real Estate Agent - Century 21 Affiliated

    Teresa Skridla

    Century 21 Affiliated

    (815) 420-4842

    225 Total Sales

    34 in Beloit

    $42K - $550K Price Range

    Teresa Skridla
     Section Image
  • Michelle Fitzgerald Real Estate Agent - Century 21 Signature Real Estate

    Michelle Fitzgerald

    Century 21 Signature Real Estate

    (319) 409-6715

    174 Total Sales

    16 in Beloit

    $95K - $388K Price Range

    Michelle Fitzgerald
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Walker Property Management Llc $970,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $776,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $970,000 -2.5% $764 / Sq Ft
06/18/2018 06/18/18 For Sale $995,000 -- $783 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $16,919 $1,014,700 $145,300 $869,400
2024 $12,420 $1,014,700 $145,300 $869,400
2023 $15,362 $958,900 $145,300 $813,600
2022 $15,977 $958,900 $145,300 $813,600
2021 $21,039 $643,700 $63,200 $580,500
2020 $19,143 $643,700 $63,200 $580,500
2019 $18,385 $643,700 $63,200 $580,500
2018 $18,613 $643,700 $63,200 $580,500
2017 $18,561 $643,700 $63,200 $580,500
2016 $17,338 $643,700 $63,200 $580,500
2015 $18,463 $643,700 $63,200 $580,500
2014 $17,447 $643,700 $63,200 $580,500
2013 $17,447 $643,700 $63,200 $580,500
Source: Public Records

Agents Affiliated with this Home

  • RZ

    Seller's Agent in 2018

    russell zueger

    Investor's Choice Property Management LLC

    (608) 921-8586

    11 Total Sales

    russell zueger
    Section Image

  • MW

    Buyer's Agent in 2018

    Marianne Walker

    Walker Realty Group, LLC

    (608) 754-2121

    41 Total Sales

    Marianne Walker
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1833829

South Central Wisconsin Multiple Listing Service

APN: 135-60985

Wisconsin Rock County Beloit 53511

501 W Grand Ave, Beloit, WI

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.