NOT LISTED FOR SALE

516 S Main St Fall River, WI 53932

Estimated Value: $272,000 - $321,000

6 Beds
3 Baths
2,224 Sq Ft
$137/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $230,000 $103 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,944/month

Highlights

  • Wood Flooring
  • Laundry Room
  • Accessible Full Bathroom
  • Eat-In Kitchen
  • Accessible Bedroom
  • En-Suite Primary Bedroom

About This Home

As of June 2022

What are you waiting for...this is a great investment opportunity. Very well cared for, this two unit has had many updates in recent years to include mechanicals, some windows, roof, plumbing, front porch with composite decking and more! The lower unit consists of 3 bedrooms, one being a walk-through, and 2 large full baths, one of which has access from bedroom and hallway. Spacious laundry/mud room, kitchen and dinette area, and nice-sized living room. Upper unit consists of 3 bedrooms and one full bath with laundry. Eat-in kitchen will have new cabinets installed week of May 16th. Spacious living room with lots of light. Long-term upper unit tenant will be vacating June or July.

Last Agent to Sell the Property

Jon Meister

Starritt-Meister Realty, LLC License #51044-90 Listed on: 05/05/2022

Last Buyer's Agent

John Frederickson

NextHome Priority Real Estate License #61200-94

NextHome Priority Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,255

Lot Details

  • 0.34 Acre Lot

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2-Story Property
  • Family Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry Room
  • Washer and Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Fall River Elementary And Middle School
  • Fall River High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Separate Water Meter
  • Water Softener is Owned
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 11126 55.01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,255

Lot Details

0

Listing Details

  • Municipality: Fall River
  • Status Detail: Sold
  • Mailing City: Fall River
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Excluded: Personal Property of Seller and/or Tenants
  • Items Included: 2 Refrigerators, 2 Stoves, 2 Dishwashers, 2 Water Softeners, 2 Washers, 2 Dryers, Storage Shed
  • Miscellaneous: Water Softener Owned, Internet - Cable
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl, Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

  • School District: Fall River
  • Elementary School: Fall River
  • Middle School: Fall River
  • High School: Fall River
  • Elementary School: Fall River
  • High School: Fall River
  • Middle School: Fall River
  • School District: Fall River

Lot Info

  • Estimated Aces: 0.34
  • Zoning: RES
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 30000
  • Improvements: 177800
  • Total Assessment: 207800
  • Assessment year: 2021
  • Net Taxes: 3255
  • Tax Year: 2021
  • Assessor Parcel Number: 11126 55.01

Multi Family

  • Number Of3 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 30, 2022
Sold by
Burbach Irrevocable Trust Dated May 29
Bought by
Kasen Fager
Seller's Agent
Jon Meister
Starritt-Meister Realty, LLC
Buyer's Agent
John Frederickson
NextHome Priority Real Estate
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Current Estimated Value
$303,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,982
Avg. Annual Appreciation
9.00%
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
Kasen Fager $230,000 Miller & Miller, Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $230,000 -2.1% $103 / Sq Ft
05/12/2022 05/12/22 For Sale $235,000 +2.2% $106 / Sq Ft
05/06/2022 05/06/22 Off Market $230,000 -- --
05/05/2022 05/05/22 For Sale $225,000 +373.7% $101 / Sq Ft
04/22/2015 04/22/15 Sold $47,500 -56.8% $21 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
03/08/2013 03/08/13 For Sale $109,900 -- $49 / 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 $4,071 $207,800 $30,000 $177,800
2023 $3,424 $207,800 $30,000 $177,800
2022 $3,295 $207,800 $30,000 $177,800
2021 $3,255 $207,800 $30,000 $177,800
2020 $1,677 $85,600 $21,700 $63,900
2019 $1,690 $85,600 $21,700 $63,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1933655

South Central Wisconsin Multiple Listing Service

APN: 11126-55.01