NOT LISTED FOR SALE

521 Bruce St New London, WI 54961

Estimated Value: $206,000 - $232,000

4 Beds
3 Baths
2,034 Sq Ft
$108/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $199,999 $98 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,360/month

31 Days on Market

About This Home

As of September 2024

OPPORTUNITY!!Every smart investor can see rents have not been raised in a while & current rent doesn't reflect current market value.BONUS!Instant equity-take advantage of all tthe living space in the lower level&put in an egress window in each unit & turn them from 2bdrm units to 3bdrm units!.Both units offer 2 bdrms & full basements with family rooms that have a painted block wall&laundry/storage area.Unit 521 owner occupied includes a detached 2 car garage w/attached screen porch.Unit 523 is tenant occupied&also has half bath in lower level.Great rental history&tenant pay all utilities.523's rent is currently $750.521's rent would be considerably higher w/ access to 2.5 car garage.Previous owner replaced the roof, facia,gutters&downspouts prior to current seller taking possesion in 2022.

Last Agent to Sell the Property

Amy Sunke

Empower Real Estate, Inc. License #94-90513 Listed on: 08/13/2024

Last Buyer's Agent

Aaron Sensenig

Smart Real Estate Group License #94-90958

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,156

Year Built

  • 1964

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,156

Year Built

1964

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Type: Duplex (2 Unit)
  • Stylebuilding Type: 1 Story, 2 side by side
  • Tax Municipality: New London, City of
  • Named Exceptions: Yes
  • Remarks Exclusions Public: Seller & Tenants Personal Items.
  • Remarks Inclusions Public: 2 refrigerators,2 stoves, 1 washer, 1 dryer (washer and dryer are included on vacant side)
  • Total Units: 2
  • Unit Identifier: City of New London
  • Remarks Public: OPPORTUNITY!!Every smart investor can see rents have not been raised in a while & current rent doesn't reflect current market value.BONUS!Instant equity-take advantage of all tthe living space in the lower level&put in an egress window in each unit & turn them from 2bdrm units to 3bdrm units!.Both units offer 2 bdrms & full basements with family rooms that have a painted block wall&laundry/storage area.Unit 521 owner occupied includes a detached 2 car garage w/attached screen porch.Unit 523 is tenant occupied&also has half bath in lower level.Great rental history&tenant pay all utilities.523's rent is currently $750.521's rent would be considerably higher w/ access to 2.5 car garage.Previous owner replaced the roof, facia,gutters&downspouts prior to current seller taking possesion in 2022.
  • Tax Municipal Sub Area: None
  • Water Features Other: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Source Total Fin Sq Ft: Total Only: Combination
  • Sq Ft Fin Above Grade Est: 1564
  • Sq Ft Fin Below Grade Est: 470
  • Sq Ft Total Fin Above And Below: 2034
  • Price Per Sq Ft: 98.33

Exterior Features

  • Exterior Finish Of Building: Brick, Pressboard
  • Foundation For Building: Block

Garage/Parking

  • Number Of Total Parking Inside: 2
  • Number Of Total Parking Outside: 2
  • Building Parking: Detached, Outside

Utilities

  • Utilities: Sep Elec Meters/Unit, Sep Gas Meter/Unit, Sep Water Meter/Unit
  • Heating Cooling: Central A/C, Forced Air
  • Heating Fuel Type: Natural Gas
  • Number Of Ac Units: 2
  • Number Of Furnaces: 2
  • Number of Ranges: 2
  • Number Of Water Heaters: 2
  • Number Of Water Softeners: 2
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water
  • Monthly Water Expense: 1964

Schools

  • School District: New London

Lot Info

  • Estimated Acres: 0.17
  • Flood Plain: Unknown
  • Zoning: 2 Family/Duplex
  • Geo Address Line: 521 Bruce St
  • Geo Primary City: New London
  • Geo Quality: 0.95
  • Geo Subdivision: WI
  • Geo Zoom Level: 16

Tax Info

  • Assessor Parcel Number: 333011300
  • Tax Net Amt: 2156.17
  • Tax Year: 2023

Multi Family

  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Washers: 2
  • Total Numberof Buildings: 1
  • Bedrooms: 2

MLS Schools

  • School District: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Sep 9, 2024
Sold by
Lemke Robert
Bought by
Pingel Ryan Steven
Seller's Agent
Amy Sunke
Empower Real Estate, Inc.
Buyer's Agent
Aaron Sensenig
Smart Real Estate Group
List Price
$199,999
Sold Price
$199,999
Views
6
Current Estimated Value
$219,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,190
Avg. Annual Appreciation
9.50%
Original Mortgage
$179,999
Outstanding Balance
$178,403
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$40,786

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 1, 2022
Sold by
Martin Linda J
Bought by
Lemke Robert
Seller's Agent
Dmitri Martin
Rustic Waters Realty LLC
Buyer's Agent
Amy Sunke
Empower Real Estate, Inc.
List Price
$156,800
Sold Price
$156,800
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%
Original Mortgage
$133,280
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2017
Closed on
Jun 30, 2017
Sold by
Sanderfoot Thomas A
Bought by
Martin Linda J
Seller's Agent
Jean Werth
RE/MAX 24/7 Real Estate, LLC
Buyer's Agent
Lisa Maes
First Weber, Inc.
List Price
$96,000
Sold Price
$92,500
Premium/Discount to List
-$3,500
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%

Purchase Details

Closed on
Nov 15, 2010
Sold by
Sanderfoot Aloysius J and Sanderfoot Alice J
Bought by
Sanderfoot Thomas A
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
Pingel Ryan Steven $200,000 Stewart Title Company
Lemke Robert $156,800 --
Martin Linda J $92,500 --
Sanderfoot Thomas A $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pingel Ryan Steven $179,999
Previous Owner Lemke Robert $133,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $199,999 0.0% $98 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $199,999 +27.6% $98 / Sq Ft
12/09/2022 12/09/22 Sold $156,800 0.0% $77 / Sq Ft
11/26/2022 11/26/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $156,800 +69.5% $77 / Sq Ft
06/30/2017 06/30/17 Sold $92,500 -3.6% $59 / Sq Ft
05/17/2017 05/17/17 For Sale $96,000 +3.8% $61 / Sq Ft
05/02/2017 05/02/17 Off Market $92,500 -- --
04/13/2017 04/13/17 Price Changed $96,000 -3.9% $61 / Sq Ft
02/02/2017 02/02/17 For Sale $99,900 -- $64 / 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 $2,308 $114,100 $16,000 $98,100
2023 $2,156 $114,100 $16,000 $98,100
2022 $2,111 $114,100 $16,000 $98,100
2021 $2,186 $114,100 $16,000 $98,100
2020 $2,218 $114,100 $16,000 $98,100
2019 $2,181 $114,100 $16,000 $98,100
2018 $2,175 $114,100 $16,000 $98,100
2017 $2,444 $114,100 $16,000 $98,100
2016 $2,333 $104,900 $15,900 $89,000
2015 $2,302 $104,900 $15,900 $89,000
2014 $2,221 $104,900 $15,900 $89,000
2013 $2,394 $104,900 $15,900 $89,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50296198

REALTORS® Association of Northeast Wisconsin

APN: 33-3-0113-00