NOT LISTED FOR SALE

509 Tamarack Dr W Unit 511 West Bend, WI 53095

Estimated Value: $333,000 - $464,000

4 Beds
2 Baths
2,346 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $265,000 $113 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,438/month

8 Days on Market

About This Home

As of December 2020

This is the perfect investment property. Live in one side and rent the other side. Or, for great income potential, rent out both sides. Each of the units have lots of living space. Both have three large bedrooms, and one and a half baths. Spacious dinettes off the kitchens. Garage and driveway parking. Situated on a large lot across from a beautifully wooded park.

Last Agent to Sell the Property

Jason Bonesteel

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #59093-90 Listed on: 10/19/2020

Last Buyer's Agent

Kevin Nash

Shorewest Realtors, Inc. License #48120-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,032

Year Built

  • Built in 1977

Lot Details

  • 0.31 Acre Lot

Parking

  • 1.5 Car Attached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,346 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Badger Middle School

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Unit 509: Washer, dryer.Unit 511: Washer, dryer, water softener rented.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,032

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Multi-Family
  • Directions: 18th Ave to Tamarack, West to 509 Tamarack Drive West.
  • New Construction: No
  • Year Built: 1977
  • Cleared Acreage: Less than 1/2
  • Architecture: Bungalow
  • Full Street Address: 509 Tamarack DRIVE W #511
  • Lot Acreage: 0.31
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2346.00

Exterior Features

  • Exclusions: Unit 509: Washer, dryer.Unit 511: Washer, dryer, water softener rented.
  • Exterior Building Type: 1.5 Story
  • Exterior: Brick/Stone, Brick, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Opener Included, 1 Car
  • Garage Spaces: 1.5
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: West Bend
  • Middle School: Badger
  • Junior High Dist: West Bend

Lot Info

  • Zoning: RES
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2019
  • Total Taxes: 4032.0

MLS Schools

  • Middle School: Badger

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Dec 1, 2020
Sold by
Gerritson Russell G and Gerritson Jennifer
Bought by
Morris Angela and Wiza Beverly
Seller's Agent
Jason Bonesteel
Shorewest Realtors, Inc.
Buyer's Agent
Kevin Nash
Shorewest Realtors, Inc.
List Price
$265,000
Sold Price
$265,000
Total Days on Market
8
Current Estimated Value
$383,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,328
Avg. Annual Appreciation
7.24%
Original Mortgage
$251,750
Outstanding Balance
$226,699
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$136,737
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Morris Angela $265,000 Heritage Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Morris Angela --
Open Morris Angela $251,750
Previous Owner Gerritson Russell G $200,000
Previous Owner Gerritson Russell G $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $265,000 0.0% $113 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $265,000 -- $113 / Sq Ft
Source: Metro MLS

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 $4,845 $359,500 $53,600 $305,900
2023 $4,328 $227,300 $40,100 $187,200
2022 $4,145 $227,300 $40,100 $187,200
2021 $4,281 $227,300 $40,100 $187,200
2020 $4,403 $227,300 $40,100 $187,200
2019 $4,031 $227,300 $40,100 $187,200
2018 $3,897 $227,300 $40,100 $187,200
2017 $4,048 $213,400 $40,100 $173,300
2016 $4,564 $213,400 $40,100 $173,300
2015 $4,056 $213,400 $40,100 $173,300
2014 $4,056 $213,400 $40,100 $173,300
2013 $4,384 $213,400 $40,100 $173,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1715534

Metro MLS

APN: 1119-154-0121