NOT LISTED FOR SALE

509 E Milwaukee St Janesville, WI 53545

Courthouse Hill Neighborhood

Estimated Value: $362,000 - $847,238

-- Bed
4 Baths
4,440 Sq Ft
$150/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $850,000 $191 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $4,287/month

4 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Laundry Facilities
  • Outdoor Storage
  • Dining Room
  • 3-minute walk to Lee Park

About This Home

As of May 2024

Solid income producing property conveniently located near downtown Janesville. Each unit features 1100 sq ft 3 bedrooms and 1 bath. Basement offers each unit a 12x12 locked storage unit+ 1 storage unit for manager. Coin operated Laundry brings in between $250-$300 monthly. Driveway provides 3 Parking stalls that are currently rented out at $50 each per month. Updates 2016 include 6 furnaces, 6 water heaters, windows, roof, insulation. Updates from 2018- 2024 flooring, paint, lighting. Several long-term tenants, very easily rented. Building just had Fiber Optic installed in 2024. Owner pays common way gas/energy, water and trash services. Tenants cover in unit gas/electric. Seller is licensed Realtor- Related to listing agent

Last Agent to Sell the Property

Lindsey Chrostowski

Rock Realty License #60161-90 Listed on: 04/03/2024

Last Buyer's Agent

Roxy Blaser

RA Homes Realty LLC License #94502-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,294

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Low Emissivity Windows
  • Dining Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 Open Parking Spaces
  • Driveway Level
  • On-Street Parking
  • Outside Parking

Outdoor Features

  • Outdoor Storage

Schools

  • Adams Elementary School
  • Franklin Middle School
  • Craig High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 241 0136200480

Community Details

Overview

  • 6 Units
  • Central S. Garfield Subdivision
  • The community has rules related to parking rules

Additional Features

  • Laundry Facilities
  • Net Operating Income $104,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,294

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Municipality: Janesville
  • Status Detail: Sold
  • Mailing City: Janesville
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Barrier Free: Level drive, Level lot
  • Items Excluded: Tenant's personal property
  • Items Included: 6 stoves, 6 refrigerators, 6 dishwashers, 5 microwaves, 3 coin operated washers, 3 coin operated dryers.
  • Miscellaneous: Shared laundry, Internet - DSL
  • Noi Year: 2023
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn, Block foundation
  • Number Dish Washers: 6
  • Number Dryers: 3
  • Number Furnaces: 7
  • Number Refrigerators: 6
  • Number Stoves: 6
  • Number Washers: 3
  • Number Water Heaters: 7
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 3

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside, Parking fee
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 16427

Schools

  • School District: Janesville
  • Elementary School: Adams
  • Middle School: Franklin
  • High School: Craig
  • Elementary School: Adams
  • High School: Craig
  • Middle School: Franklin
  • School District: Janesville

Lot Info

  • Estimated Aces: 0.13
  • Zoning: R-4
  • Geo Subdivision: WI

Green Features

  • Energy Efficient Green: Low E Windows

Rental Info

  • Total Income: 87613

Tax Info

  • Land Assessment: 33000
  • Improvements: 445700
  • Total Assessment: 475700
  • Assessment year: 2023
  • Net Taxes: 8294
  • Tax Year: 2023
  • Assessor Parcel Number: 241 0136200480

Multi Family

  • Number Of3 Bedrooms: 6
  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 22, 2024
Sold by
Chrostowski Kyle J
Bought by
Appa Apartments Llc
Seller's Agent
Lindsey Chrostowski
Rock Realty
Buyer's Agent
Roxy Blaser
RA Homes Realty LLC
List Price
$799,000
Sold Price
$850,000
Premium/Discount to List
$51,000
6.38%
Views
55
Current Estimated Value
$666,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$183,254
Avg. Annual Appreciation
-20.62%
Original Mortgage
$680,000
Outstanding Balance
$671,705
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$40,694
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
Appa Apartments Llc $850,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Appa Apartments Llc $680,000
Previous Owner Chrostowski Kyle J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $850,000 +6.4% $191 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $799,000 -6.0% $180 / Sq Ft
04/03/2024 04/03/24 Off Market $850,000 -- --
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 $8,201 $478,700 $33,000 $445,700
2023 $8,231 $478,700 $33,000 $445,700
2022 $8,377 $350,900 $33,000 $317,900
2021 $8,448 $350,900 $33,000 $317,900
2020 $8,062 $350,900 $33,000 $317,900
2019 $7,879 $350,900 $33,000 $317,900
2018 $4,065 $154,200 $33,000 $121,200
2017 $3,937 $154,200 $33,000 $121,200
2016 $3,880 $154,200 $33,000 $121,200
Source: Public Records

Agents Affiliated with this Home

  • Lindsey Chrostowski

    Seller's Agent in 2024

    Lindsey Chrostowski

    Rock Realty

    (608) 931-7863

    2 in this area

    105 Total Sales

    Lindsey Chrostowski
    Section Image

  • R

    Buyer's Agent in 2024

    Roxy Blaser

    RA Homes Realty LLC

    (608) 931-7668

    1 in this area

    52 Total Sales

    Roxy Blaser
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1974099

South Central Wisconsin Multiple Listing Service

APN: 013-6200480

Wisconsin Rock County Janesville 53545 Courthouse Hill

509 E Milwaukee St, Janesville, WI

This home is located at 509 E Milwaukee St, Janesville, WI 53545 since 03 April 2024 and is currently estimated at $666,746, approximately $150 per square foot. This property was built in 1910. 509 E Milwaukee St is a home located in Rock County with nearby schools including Adams Elementary School, Franklin Middle School, and Parker High 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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