$349,900

507 Water St Lake Mills, WI 53551

Estimated payment $2,191/month

Total Views 4,900
4 Beds
1.5 Baths
1,750 Sq Ft
$200 Price per Sq Ft

Highlights

  • Hot Property
  • Cape Cod Architecture
  • Forced Air Heating and Cooling System

About This Home

Picture Perfect Cape Cod Style home in Picturesque Lake Mills! 4 BR well-loved home with hardwood floors, beautiful built-ins, pocket doors and a ton of character. Updates to the home include a newer furnace, replaced windows, updated lighting and electrical, and new fireplace insert with custom mantle. Enjoy a spacious deck that opens up to a private, fenced-in backyard. This lovely neighborhood is perfect for walking and just a short distance from downtown. Located conveniently between Madison and Milwaukee for an effortless commute. Don't miss the chance to see this beautiful home! Call for more information.

Listing Agent

Jammie Trapp

RE/MAX Preferred~Johnson Creek License #72034-94 Listed on: 07/03/2025

RE/MAX Preferred~Johnson Creek

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,037

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Cape Cod Architecture
  • Stucco Exterior

Interior Spaces

  • 1,750 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Lake Mills Elementary And Middle School
  • Lake Mills High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: seller's personal property
  • Assessor Parcel Number 246-0713-1321-052

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,037

Lot Details

0

Listing Details

  • Prop. Type: Single-Family
  • Lot Size Acres: 0.18
  • Inclusions: Kitchen Refrigerator, Dishwasher, microwave, washer, dryer.
  • Directions: From I-94/Hwy 89 in Lake Mills: South on Hwy 89 (Main St.) to West on Water St.
  • Above Grade Finished Sq Ft: 1750
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: 15 Story
  • Property Information:Est Total Sq Ft: 1750
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer
  • Has Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Fireplace
  • Fireplace: Yes
  • Flooring: Wood Floors

Exterior Features

  • Lot Features: Sidewalk
  • Exclusions: seller's personal property
  • Construction Type: Stucco
  • Other Structures: Storage Shed

Garage/Parking

  • Garage Type: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Municipal Sewer

Schools

  • Elementary School: Lake Mills
  • Junior High Dist: Lake Mills Area
  • High School: Lake Mills
  • Middle Or Junior School: Lake Mills

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 246-0713-1321-052

Tax Info

  • Tax Annual Amount: 3037
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $3,248 $150,800 $30,700 $120,100
2023 $3,056 $150,800 $30,700 $120,100
2022 $2,959 $150,800 $30,700 $120,100
2021 $2,885 $150,800 $30,700 $120,100
2020 $2,840 $150,800 $30,700 $120,100
2019 $2,811 $148,700 $30,700 $118,000
2018 $2,756 $129,500 $30,300 $99,200
2017 $2,763 $129,500 $30,300 $99,200
2016 $2,786 $129,500 $30,300 $99,200
2015 $2,823 $129,500 $30,300 $99,200
2014 $2,834 $129,500 $30,300 $99,200
2013 $2,903 $129,500 $30,300 $99,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 For Sale $349,900 0.0% $200 / Sq Ft
07/07/2025 07/07/25 Off Market $349,900 -- --
07/03/2025 07/03/25 For Sale $349,900 +94.4% $200 / Sq Ft
12/23/2019 12/23/19 Sold $180,000 -7.7% $103 / Sq Ft
10/07/2019 10/07/19 Price Changed $195,000 -4.9% $111 / Sq Ft
09/12/2019 09/12/19 For Sale $205,000 -- $117 / Sq Ft
Source: Metro MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $28,066 Credit Line Revolving
Open $155,000 New Conventional
Previous Owner $24,350 New Conventional
Previous Owner $133,000 Credit Line Revolving
Previous Owner $16,000 Credit Line Revolving
Previous Owner $40,000 Credit Line Revolving
Previous Owner $20,000 Credit Line Revolving
Source: Public Records

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See All Homes in Lake Mills

Source: Metro MLS

MLS Number: 1925117

Metro MLS

APN: 246-0713-1321-052

Wisconsin Jefferson County Lake Mills 53551

507 Water St, Lake Mills, WI

This home is located at 507 Water St, Lake Mills, WI 53551 and is currently priced at $349,900, approximately $199 per square foot. 507 Water St is a home located in Jefferson County with nearby schools including Lake Mills Elementary School, Lake Mills Middle School, and Lake Mills High School.

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Jammie Trapp
Listing Agent
Jammie Trapp
Section Image
RE/MAX Preferred~Johnson Creek
(920) 781-8864