NOT LISTED FOR SALE

503 N Broadway de Pere, WI 54115

Estimated Value: $452,000 - $455,868

7 Beds
4 Baths
4,762 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $430,000 $90 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,100/month

16 Days on Market

About This Home

As of September 2023

Centrally located 5 Unit multi-family in historic downtown East De Pere! This turn-of-the-century building has been remodeled within the last 5 years to including new drywall, updated electrical, plumbing, and fire alarm system w/ control panel. This convenient location makes it easy for residents to walk down to Voyageur Park, Mulva Cultural Center, Fox River Trail, restaurants, and public transportation. The potential monthly cash flow is $4325 with the current five units. * Unit 5 is an upper 4 bed 1 Bath unit currently rented for $1195 until 04/30/2024. * 3rd Floor could be a 6th unit.

Last Listed By

Jared Tetzner

Bay Area Realty & Appraisal License #90-55975 Listed on: 07/20/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,126

Year Built

  • 1900

Lot Details

  • 0.62

Parking

  • 1 Parking Space

Home Design

  • Stone Foundation
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 4,762 Sq Ft Home
  • 3-Story Property

Schools

  • Depere East High School

Additional Features

  • 0.62 Acre Lot
  • Radiant Heating System

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,126

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Type: Multifamily (3+ Unit)
  • Stylebuilding Type: Apartment Building, 3 Story
  • Tax Municipality: De Pere, City of
  • Total Units: 5
  • Unit Identifier: City of De Pere
  • Remarks Public: Centrally located 5 Unit multi-family in historic downtown East De Pere! This turn-of-the-century building has been remodeled within the last 5 years to including new drywall, updated electrical, plumbing, and fire alarm system w/ control panel. This convenient location makes it easy for residents to walk down to Voyageur Park, Mulva Cultural Center, Fox River Trail, restaurants, and public transportation. The potential monthly cash flow is $4325 with the current five units. * Unit 5 is an upper 4 bed 1 Bath unit currently rented for $1195 until 04/30/2024. * 3rd Floor could be a 6th unit.
  • Tax Municipal Sub Area: East De Pere
  • Water Features Other: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Fin Above Grade Est: 4762
  • Sq Ft Total Fin Above And Below: 4762
  • Price Per Sq Ft: 90.3

Exterior Features

  • Exterior Finish Of Building: Vinyl
  • Foundation For Building: Poured Concrete, Stone

Garage/Parking

  • Number Of Total Parking Inside: 1
  • Number Of Total Parking Outside: 6
  • Building Parking: Attached

Utilities

  • Utilities: Sep Elec Meters/Unit
  • Heating Cooling: Radiant
  • Heating Fuel Type: Electric
  • Number of Ranges: 5
  • Number Of Water Heaters: 2
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water
  • Monthly Water Expense: 1900

Schools

  • School District: De Pere
  • High School: DePere East

Lot Info

  • Estimated Acres: 0.62
  • Geo Address Line: 503 N Broadway
  • Geo Primary City: De Pere
  • Geo Quality: 0.95
  • Geo Subdivision: WI
  • Geo Zoom Level: 16

Tax Info

  • Assessor Parcel Number: ED-1455-1
  • Tax Net Amt: 4126
  • Tax Year: 22

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 5
  • Number Of Washers: 1
  • Total Numberof Buildings: 1
  • Bedrooms: 1

MLS Schools

  • School District: De Pere
  • High School: DePere East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Sep 1, 2023
Sold by
Brooke Ash Investments Llc
Bought by
Five Star Property Management Llc
Seller's Agent
Jared Tetzner
Bay Area Realty & Appraisal
Buyer's Agent
Brad Thomas
Coaction Real Estate, LLC
List Price
$419,900
Sold Price
$430,000
Premium/Discount to List
$10,100
2.41%
Total Days on Market
16
Views
37
Current Estimated Value
$453,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,934
Avg. Annual Appreciation
3.20%
Original Mortgage
$376,000
Outstanding Balance
$370,124
Interest Rate
6.96%
Estimated Equity
$83,824

Purchase Details

Closed on
Mar 21, 2019
Sold by
Private Portfolio Llc
Bought by
Chance Properties Llc

Purchase Details

Closed on
Jun 24, 2018
Sold by
Chance Properties Llc
Bought by
Brooke Ash Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2009
Sold by
Lebreck Theresa
Bought by
Private Portfolio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2005
Sold by
Overeem Terence R
Bought by
Thyes Jason J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.8%
Mortgage Type
Unknown

Range of Values:

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Average Value
Not Available
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
Five Star Property Management Llc $430,000 Liberty Title & Abstract Inc
Chance Properties Llc $112,936 None Available
Brooke Ash Investments Llc $268,900 Liberty Title
Private Portfolio Llc $152,100 Area Title Llc
Thyes Jason J $185,000 Land Office Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Five Star Property Management Llc $40,000
Open Five Star Property Management Llc $376,000
Previous Owner Brooke Ash Investments Llc $325,000
Previous Owner Brooke Ash Investments Llc $60,000
Previous Owner Brooke Ash Investments Llc $228,000
Previous Owner Private Portfolio Llc $532,000
Previous Owner Thyes Jason J $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $430,000 +2.4% $90 / Sq Ft
07/20/2023 07/20/23 For Sale $419,900 +56.2% $88 / Sq Ft
06/24/2019 06/24/19 Sold $268,849 -3.9% $56 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $279,900 -- $59 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

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 $6,711 $430,000 $50,900 $379,100
2023 $5,260 $345,900 $50,900 $295,000
2022 $4,644 $290,700 $50,900 $239,800
2021 $4,537 $268,900 $50,900 $218,000
2020 $4,870 $268,900 $50,900 $218,000
2019 $3,926 $193,700 $50,900 $142,800
2018 $18,264 $193,700 $50,900 $142,800
2017 $14,572 $193,700 $50,900 $142,800
2016 $10,578 $193,700 $50,900 $142,800
2015 $8,276 $193,700 $50,900 $142,800
2014 $6,518 $193,700 $50,900 $142,800
2013 $6,518 $193,700 $50,900 $142,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50278313

REALTORS® Association of Northeast Wisconsin

APN: ED-385