NOT LISTED FOR SALE

518 Isabella St Neenah, WI 54956

Estimated Value: $660,159

4 Beds
4 Baths
6,404 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 26, 2015

Last sale price $193,000 $30 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $4,275/month

53 Days on Market

About This Home

As of September 2015

This 9 unit investment opportunity consists of 1-8 unit Building & 1-3Bdrm, 1.5Bth single family. Note: The single family home has had water damage caused by a broken pipe & the price has been reduced to reflect anticipated cost of repairs. CAP rate if fully rented would be 17% after expenses but before Real Estate Taxes. Rental income if full 4 units at $500, 4 units at $515 & Sngl Fam at $575/Mo

Last Agent to Sell the Property

K.C. Maurer

RE/MAX 24/7 Real Estate, LLC Brokerage Phone: 920-734-0247 License #90-24170 Listed on: 08/02/2015

RE/MAX 24/7 Real Estate, LLC

Last Buyer's Agent

Tami Sankey

Coaction Real Estate, LLC License #94-48894

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 98x130

Home Design

  • Stone Foundation
  • Poured Concrete

Interior Spaces

  • 6,404 Sq Ft Home
  • 2-Story Property

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 9 Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Type: Multifamily (3+ Unit)
  • Stylebuilding Type: 2 Houses on 1 Lot, 2 Story, Apartment Building
  • Tax Municipality: Neenah, City of
  • Total Units: 9
  • Unit Identifier: City of Neenah
  • Remarks Public: This 9 unit investment opportunity consists of 1-8 unit Building & 1-3Bdrm, 1.5Bth single family. Note: The single family home has had water damage caused by a broken pipe & the price has been reduced to reflect anticipated cost of repairs. CAP rate if fully rented would be 17% after expenses but before Real Estate Taxes. Rental income if full 4 units at $500, 4 units at $515 & Sngl Fam at $575/Mo
  • Tax Municipal Sub Area: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Fin Above Grade Est: 6404
  • Sq Ft Total Fin Above And Below: 6404

Exterior Features

  • Foundation For Building: Poured Concrete, Stone

Utilities

  • Heating Cooling: Hot Water/Steam
  • Heating Fuel Type: Natural Gas
  • Number Of Furnaces: 2
  • Number Of Water Heaters: 2
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water

Lot Info

  • Estimated Lot Dimensions: 98x130
  • Zoning: Multi-Family(3Units)
  • Geo Address Line: 518 Isabella St
  • Geocode Date: 09/29/2016
  • Geocode Status2: G
  • Geo Primary City: Neenah
  • Geo Quality: 0.95
  • Geo Secondary City: Winnebago Co.
  • Geo Subdivision: WI

Tax Info

  • Assessor Parcel Number: 10-0621-00-00
  • Tax Net Amt: 5791

Multi Family

  • Number Of Refrigerators: 8
  • Bedrooms: 1

MLS Schools

  • School District: Neenah

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Potters Properties Llc
Bought by
Bash Investments Llc
Current Estimated Value
$660,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Outstanding Balance
$490,786
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$169,373

Purchase Details

Listed on
Aug 2, 2015
Closed on
Sep 21, 2015
Sold by
Peterson William A
Bought by
The Potters Properties Llc
Seller's Agent
K.C. Maurer
RE/MAX 24/7 Real Estate, LLC
Buyer's Agent
Tami Sankey
Coaction Real Estate, LLC
List Price
$193,000
Sold Price
$193,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
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
Bash Investments Llc $620,000 None Listed On Document
The Potters Properties Llc $193,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bash Investments Llc $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2015 09/26/15 Sold $193,000 0.0% $30 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
08/02/2015 08/02/15 For Sale $193,000 -- $30 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

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 $9,758 $360,000 $43,500 $316,500
2023 $9,758 $360,000 $43,500 $316,500
2022 $6,522 $265,000 $43,500 $221,500
2021 $6,501 $265,000 $43,500 $221,500
2020 $5,604 $265,000 $43,500 $221,500
2019 $5,255 $265,000 $43,500 $221,500
2018 $11,597 $250,300 $30,100 $220,200
2017 $5,719 $250,300 $30,100 $220,200
2015 $5,724 $250,300 $30,100 $220,200
2014 $5,792 $250,300 $30,100 $220,200
2013 $6,059 $250,300 $30,100 $220,200
Source: Public Records

Agents Affiliated with this Home

  • K.C. Maurer

    Seller's Agent in 2015

    K.C. Maurer

    RE/MAX

    (920) 470-2100

    30 in this area

    61 Total Sales

    K.C. Maurer
    Section Image
  • Tami Sankey

    Buyer's Agent in 2015

    Tami Sankey

    Coaction Real Estate, LLC

    (920) 850-8264

    17 in this area

    111 Total Sales

    Tami Sankey
    Section Image
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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50127049

REALTORS® Association of Northeast Wisconsin

APN: 10-0621-0000

Wisconsin Winnebago County Neenah 54956

518 Isabella St, Neenah, WI

This home is located at 518 Isabella St, Neenah, WI 54956 since 02 August 2015 and is currently estimated at $660,159, approximately $103 per square foot. 518 Isabella St is a home located in Winnebago County with nearby schools including Horace Mann Middle School, Horace Mann Elementary School, and Neenah Middle School.

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