NOT LISTED FOR SALE

509 Alan Dr Mount Horeb, WI 53572

Estimated Value: $480,401

7 Beds
4 Baths
2,815 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $250,000 $89 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,119/month

Highlights

  • Balcony
  • Eat-In Kitchen
  • Laundry Facilities
  • Mount Horeb Intermediate School Rated A-
  • Water Softener is Owned

About This Home

As of March 2013

Excellent income property in a quiet neighborhood in Mount Horeb. Many updates that include apts 2, 3, 4. All repainted icluding common area, new carpet in units 2 & 4 as well as commons. New roof in 2007, new refrigerators in Units 1&3, new ranges in 2&3. Serious inquiries only.

Last Agent to Sell the Property

Mark Nortman

First Weber Inc License #57452-90 Listed on: 06/09/2011

First Weber Inc

Last Buyer's Agent

Mark Nortman

First Weber Inc License #57452-90 Listed on: 06/09/2011

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,295

Year Built

  • Built in 1985

Lot Details

  • 0.31

Home Design

  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Schools

  • Mount Horeb Elementary And Middle School
  • Mount Horeb High School

Utilities

  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Balcony
  • 0.31 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 0606-121-0277-7

Community Details

Overview

  • 4 Units
  • Kara View Heights Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $20,465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,295

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Municipality: Mount Horeb
  • Status Detail: Sold
  • Mailing City: Mount Horeb
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Miscellaneous: Shared laundry, Water Softener Owned
  • Noi Year: 2010
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Washers: 1
  • Number Water Heaters: 4
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant

Utilities

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

Fee Information

  • Total Expenses: 6895

Schools

  • School District: Mount Horeb
  • Elementary School: Mount Horeb
  • Middle School: Mount Horeb
  • High School: Mount Horeb
  • Elementary School: Mount Horeb
  • High School: Mount Horeb
  • Middle School: Mount Horeb
  • School District: Mount Horeb

Lot Info

  • Estimated Aces: 0.31
  • Zoning: Comm
  • Geo Subdivision: WI

Rental Info

  • Total Income: 27360

Tax Info

  • Land Assessment: 102600
  • Improvements: 172200
  • Total Assessment: 274800
  • Assessment year: 2012
  • Net Taxes: 5295
  • Tax Year: 2012
  • Assessor Parcel Number: 0606-121-0277-7

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 3
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2019
Sold by
Z & L Properties Llc
Bought by
Mgl Properties Llc
Current Estimated Value
$480,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,632
Outstanding Balance
$234,355
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$246,046

Purchase Details

Listed on
Jun 9, 2011
Closed on
Mar 15, 2013
Sold by
Hagen Randall R and Hagen Diane M
Bought by
Z & L Properties Llc
Seller's Agent
Mark Nortman
First Weber Inc
Buyer's Agent
Mark Nortman
First Weber Inc
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$192,800
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2008
Sold by
Thompson Robert L and Thompson Tanya R
Bought by
Hagen Randall R and Hagen Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
5.88%
Mortgage Type
Commercial
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
Mgl Properties Llc $300,000 None Available
Z & L Properties Llc $250,000 None Available
Hagen Randall R $284,000 Dane County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mgl Properties Llc $267,632
Previous Owner Z & L Properties Llc $192,800
Previous Owner Hagen Randall R $213,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2013 03/15/13 Sold $250,000 -16.4% $89 / Sq Ft
02/02/2013 02/02/13 Pending -- -- --
06/09/2011 06/09/11 For Sale $299,000 -- $106 / 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 $6,962 $439,700 $129,700 $310,000
2023 $6,704 $439,700 $129,700 $310,000
2021 $6,185 $301,900 $129,700 $172,200
2020 $6,028 $301,900 $129,700 $172,200
2019 $6,090 $301,900 $129,700 $172,200
2018 $5,956 $301,900 $129,700 $172,200
2017 $5,827 $274,800 $102,600 $172,200
2016 $5,357 $274,800 $102,600 $172,200
2015 $5,062 $274,800 $102,600 $172,200
2014 -- $274,800 $102,600 $172,200
2013 $5,277 $274,800 $102,600 $172,200
Source: Public Records

Agents Affiliated with this Home

  • Mark Nortman

    Seller's Agent in 2013

    Mark Nortman

    First Weber Inc

    (608) 575-3393

    114 in this area

    188 Total Sales

    Mark Nortman
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1628072

South Central Wisconsin Multiple Listing Service

APN: 0606-121-0277-7

Wisconsin Dane County Mount Horeb 53572

509 Alan Dr, Mount Horeb, WI

This home is located at 509 Alan Dr, Mount Horeb, WI 53572 since 09 June 2011 and is currently estimated at $480,401, approximately $170 per square foot. This property was built in 1985. 509 Alan Dr is a home located in Dane County with nearby schools including Mount Horeb Intermediate School, Mount Horeb Primary Center, and Mount Horeb Middle School.

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.

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