NOT LISTED FOR SALE

507 Summit Ave Oconomowoc, WI 53066

Estimated Value: $296,000 - $329,000

3 Beds
2 Baths
1,503 Sq Ft
$212/Sq Ft Est. Value

Highlights

  • Main Floor Primary Bedroom
  • Fenced Yard
  • Walk-In Closet
  • Park Lawn Elementary School Rated A
  • 2 Car Detached Garage
  • Bathtub with Shower

About This Home

Available due to prior buyer financing. You'll be smitten with this home at first glance! You'll first note its charming curb appeal: old-world architectural details and elegant landscaping compliment the cream city brick exterior. Ideal location- near beaches, restaurants, and entertainment in downtown Oconomowoc. Inside, welcoming sunny kitchen has hardwood floors and vaulted ceiling- a unique treat in a farmhouse of this era! From kitchen, view fenced back yard and picturesque patio & pergola. Sensible floor-plan has bedroom, bath, AND laundry on the main. Upstairs has two bedrooms/second full bath. This home has extraordinary potential! In the back is a 2 car garage & adjoining large shed for additional storage. New roof installed 9/2022 and many newer Andersen Windows (per Seller).

Last Agent to Sell the Property

Heidi Swan

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #85755-94 Listed on: 09/05/2022

Last Buyer's Agent

Marine Yoo

Big Block Midwest License #58777-90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,792

Year Built

  • Built in 1901

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,503 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Outdoor Features

  • Patio
  • Shed

Schools

  • Oconomowoc High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,792

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: 4 new Andersen windows in garage included- probably for smallest bedroom & den.
  • Directions: From I-94: Exit at Hwy 67. Head north on Hwy 67 2.3 miles. Keep left onto Summit Ave and follow Summit Ave for 1.3 miles to 507 Summit Avenue, Oconomowoc, WI 53066. Property will be on the left.
  • New Construction: No
  • Year Built: 1901
  • Cleared Acreage: Less than 1/2
  • Architecture: Farmhouse/National Folk
  • Full Street Address: 507 Summit AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.26
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Has Basement: Full, Stone
  • Interior Amenities: Water Softener, Cable/Satellite Available, Cathedral/vaulted ceiling, Walk-in closet(s)
  • Bathroom Description: Tub Only, Shower Over Tub
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Den Office Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 12
  • Second Floor Total Sq Ft: 1503.00

Exterior Features

  • Exterior Features: Patio, Fenced Yard
  • Exterior Building Type: 1.5 Story
  • Exterior: Brick, Brick/Stone
  • Out Buildings: Garden Shed

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Detached, 2 Car
  • Garage Spaces: 2.0

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • High School: Oconomowoc
  • Junior High Dist: Oconomowoc Area

Lot Info

  • Zoning: RES
  • Acreage Range: 0.0 to .499
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2021
  • Total Taxes: 2792.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2022
Closed on
Dec 29, 2022
Sold by
Bush Virginia
Bought by
Rink Mackenzie and Rink Jenna
Seller's Agent
Heidi Swan
Shorewest Realtors, Inc.
Buyer's Agent
Marine Yoo
Big Block Midwest
List Price
$265,000
Sold Price
$259,000
Premium/Discount to List
-$6,000
-2.26%
Views
308
Current Estimated Value
$318,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,013
Avg. Annual Appreciation
6.87%
Original Mortgage
$251,230
Outstanding Balance
$242,675
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$75,338

Purchase Details

Closed on
Aug 1, 2022
Sold by
Rische Leanne K
Bought by
Worden Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rink Mackenzie $259,000 None Listed On Document
Worden Mary $210,100 Prism Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rink Mackenzie $251,230
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2023 03/07/23 Off Market $249,900 -- --
09/23/2022 09/23/22 Price Changed $249,900 -5.7% $166 / Sq Ft
09/09/2022 09/09/22 For Sale $265,000 -- $176 / Sq Ft
Source: Metro MLS

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 $3,113 $292,000 $76,600 $215,400
2023 $2,879 $259,000 $76,600 $182,400
2022 $3,261 $240,800 $75,000 $165,800
2021 $2,792 $210,100 $75,000 $135,100
2020 $2,667 $155,400 $38,800 $116,600
2019 $2,563 $155,400 $38,800 $116,600
2018 $2,490 $155,400 $38,800 $116,600
2017 $2,813 $155,400 $38,800 $116,600
2016 $2,517 $155,400 $38,800 $116,600
2015 $2,512 $155,400 $38,800 $116,600
2014 $2,627 $155,400 $38,800 $116,600
2013 $2,627 $169,300 $42,500 $126,800
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Heidi Swan

    Shorewest Realtors, Inc.

    (414) 324-9810

    5 in this area

    38 Total Sales

    Heidi Swan
    Section Image

  • M

    Buyer's Agent in 2022

    Marine Yoo

    Big Block Midwest

See All Agents

Map

Source: Metro MLS

MLS Number: 1809944

Metro MLS

APN: OCOC-0590-087

Wisconsin Waukesha County Oconomowoc 53066

507 Summit Ave, Oconomowoc, WI

Not Listed for Sale

Detached

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