NOT LISTED FOR SALE

5201 Wallace Ave Monona, WI 53716

Estimated Value: $423,000 - $473,000

4 Beds
2 Baths
1,692 Sq Ft
$260/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $321,500 $190 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,973/month

6 Days on Market

Highlights

  • Fenced Yard
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Winnequah School Rated A-
  • Accessible Bedroom
  • 1-Story Property

About This Home

As of July 2021

Showings to start April 2, 2021. Each unit has 2 bedroom and 1 bath. Both tenants are long term. 5201 has off street parking for 2-4 vehicles. 5203 has an oversized attached garage and a screen porch. Both sides have full unfinished basement. Small fenced backyard and each side has their own storage shed. Updates in the last 5 years for 5201 include new bath including the tub, water heater (2020) and carpet (2016). The flooring in 5203 was updated (2018)

Last Agent to Sell the Property

Kellie Unke

Stark Company, REALTORS License #45269-94 Listed on: 03/18/2021

Stark Company, REALTORS

Last Buyer's Agent

Joseph Pechauer

CMI Brokers, LLC License #60137-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,433

Year Built

  • Built in 1968

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • 2 Covered Spaces
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Winnequah Elementary School
  • Glacial Drumlin Middle School
  • Monona Grove High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0710-174-6867-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,433

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Municipality: Monona
  • Status Detail: Sold
  • Mailing City: Monona
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Included: UNIT 1 (5201) - Refrigerator, Stove/Oven, Dishwasher, Water Softener, Blinds. UNIT 2 (5203) - Refrigerator, Stove/Oven, Dishwasher, Water Softener, Washer/Dryer, Blinds, Microwave
  • Miscellaneous: Water Softener Owned, Fenced yard, Internet - Cable
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached, 2 spaces, Outside
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

  • School District: Monona Grove
  • Elementary School: Winnequah
  • Middle School: Glacial Drumlin
  • High School: Monona Grove
  • Elementary School: Winnequah
  • High School: Monona Grove
  • Middle School: Glacial Drumlin
  • School District: Monona Grove

Lot Info

  • Estimated Aces: 0.26
  • Zoning: Res
  • Geo Subdivision: WI

Rental Info

  • Total Income: 18000

Tax Info

  • Land Assessment: 71600
  • Improvements: 226600
  • Total Assessment: 298200
  • Assessment year: 2020
  • Net Taxes: 6433
  • Tax Year: 2020
  • Assessor Parcel Number: 0710-174-6867-7

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Jul 2, 2021
Sold by
Kratochvil Richard J and Crosby-Kratochvil Ruth E
Bought by
Gill Christopher
Seller's Agent
Kellie Unke
Stark Company, REALTORS
Buyer's Agent
Joseph Pechauer
CMI Brokers, LLC
List Price
$290,000
Sold Price
$321,500
Premium/Discount to List
$31,500
10.86%
Current Estimated Value
$439,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,246
Avg. Annual Appreciation
7.38%
Original Mortgage
$294,413
Outstanding Balance
$270,013
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$162,248
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
Gill Christopher $321,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Christopher $294,413
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $321,500 +10.9% $190 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $290,000 -9.8% $171 / Sq Ft
03/18/2021 03/18/21 Off Market $321,500 -- --
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 $6,921 $398,300 $78,800 $319,500
2023 $6,825 $370,500 $71,600 $298,900
2021 $5,962 $298,200 $71,600 $226,600
2020 $6,433 $298,200 $71,600 $226,600
2019 $5,893 $275,500 $71,600 $203,900
2018 $5,505 $255,300 $71,600 $183,700
2017 $5,273 $239,100 $71,600 $167,500
2016 $5,099 $229,400 $71,600 $157,800
2015 $4,422 $209,000 $51,200 $157,800
2014 -- $203,600 $51,200 $152,400
2013 $4,108 $188,500 $51,200 $137,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1904345

South Central Wisconsin Multiple Listing Service

APN: 0710-174-6867-7