NOT LISTED FOR SALE

505 & 507 3rd St Friendship, WI 53934

Estimated Value: $130,000 - $520,413

8 Beds
8 Baths
4,368 Sq Ft
$84/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $375,000 $86 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,395/month

112 Days on Market

Highlights

  • Open Floorplan
  • Balcony
  • Forced Air Heating and Cooling System
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Dining Room

About This Home

As of November 2021

Looking for a great investment property, well here it is! Two beautiful townhouses in the village of Friendship located on a quiet dead end street. Each townhouse features two rental units with each unit consisting of 2 bedrooms, 1 full bath, 1 1/2 bath, 1 car garage with paved driveway, basement with washer and dryer, kitchen, dining room, living room, large windows, and a back deck or patio. Within walking distance to shopping, hospital, parks, schools and so much more. Little to no vacancy.

Last Agent to Sell the Property

Stephanie Sundene

Realty One Group Haven License #93938-94 Listed on: 05/11/2021

Realty One Group Haven

Last Buyer's Agent

Kirkland Kettleson

Century 21 Affiliated License #56177-90

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,881

Year Built

  • Built in 1997

Lot Details

  • 0.65

Parking

  • 4 Covered Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Schools

  • Adams-Friendship Elementary And Middle School
  • Adams-Friendship High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • High Speed Internet

Additional Features

  • Balcony
  • 0.65 Acre Lot

Community Details

  • 4 Units
  • Net Operating Income $23,919

Listing and Financial Details

  • Assessor Parcel Number 126-00145-0065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,881

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Municipality: Friendship
  • Status Detail: Sold
  • Mailing City: Friendship
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Townhouse style units
  • Barrier Free: Open floor plan
  • Items Excluded: Tenants personal property
  • Items Included: Washer, dryer, fridge, refrigerator, stove, microwave
  • Miscellaneous: Internet - Cable
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 4
  • Number Dryers: 4
  • Number Furnaces: 4
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Units W Ac: 4
  • Number Washers: 4
  • Number Water Heaters: 4

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 4
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Fee Information

  • Total Expenses: 6081

Schools

  • School District: Adams-Friendship
  • Elementary School: Adams-Friendship
  • Middle School: Adams-Friendship
  • High School: Adams-Friendship
  • Elementary School: Adams-Friendship
  • High School: Adams-Friendship
  • Middle School: Adams-Friendship
  • School District: Adams-Friendship

Lot Info

  • Estimated Aces: 0.65
  • Zoning: MF
  • Geo Subdivision: WI

Rental Info

  • Total Income: 30000

Tax Info

  • Land Assessment: 13000
  • Improvements: 255500
  • Total Assessment: 268500
  • Assessment year: 2020
  • Net Taxes: 4881
  • Tax Year: 2020
  • Assessor Parcel Number: 126-00145-0065

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Nov 4, 2021
Sold by
First Base Rentals Llc A Wisconsin Limit
Bought by
Stormoen Nicholas J
Seller's Agent
Stephanie Sundene
Realty One Group Haven
Buyer's Agent
Kirkland Kettleson
Century 21 Affiliated
List Price
$385,900
Sold Price
$375,000
Premium/Discount to List
-$10,900
-2.82%
Current Estimated Value
$365,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,196
Avg. Annual Appreciation
-2.11%

Purchase Details

Closed on
Jan 1, 2006
Sold by
Bula Mark
Bought by
First Base Rentals Llc
Source: Public Records

Range of Values:

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Average Value
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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
Stormoen Nicholas J $375,000 --
First Base Rentals Llc $243,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed First Base Rentals Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $375,000 -2.8% $86 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $385,900 -- $88 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $4,819 $268,500 $13,000 $255,500
2023 $4,771 $268,500 $13,000 $255,500
2022 $4,813 $268,500 $13,000 $255,500
2021 $5,050 $268,500 $13,000 $255,500
2020 $4,881 $268,500 $13,000 $255,500
2019 $4,335 $224,200 $18,900 $205,300
2018 $4,184 $224,200 $18,900 $205,300
2017 $4,228 $224,200 $18,900 $205,300
2016 $4,288 $224,200 $18,900 $205,300
2015 $5,426 $224,200 $18,900 $205,300
2014 $5,426 $224,200 $18,900 $205,300
2013 $5,426 $224,200 $18,900 $205,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1908765

South Central Wisconsin Multiple Listing Service

APN: 126-00145-0065