NOT LISTED FOR SALE

525 N Main St Lake Mills, WI 53551

Estimated Value: $282,446 - $298,000

3 Beds
2 Baths
1,344 Sq Ft
$217/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $265,000 $197 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,773/month

2 Days on Market

Highlights

  • Accessible Bedroom
  • Accessible Full Bathroom
  • Forced Air Heating System

About This Home

As of September 2023

Showings begin with Open House on 8/5/2023 from 11:00-1:00. Excellent owner occupied or investment duplex. Great location on Main St within walking distance to all that downtown Lake Mills offers with easy access to Rock Lake and Glacial Drumlin Trail. Currently owner occupied 2 bedroom lower unit with recently vacated furnished upper 1 bedroom unit. Great potential for Airbnb, short term or long term tenants. Easy access to 1-94 for Madison or Milwaukee commuters.

Last Agent to Sell the Property

John McCoy

RE/MAX Community Realty License #90581-94 Listed on: 08/04/2023

RE/MAX Community Realty

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,611

Year Built

  • Built in 1880

Lot Details

  • 0.27

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Dishwasher

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Lake Mills Elementary And Middle School
  • Lake Mills High School

Additional Features

  • Basement Fills Entire Space Under The House
  • 0.27 Acre Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 246-0713-1232-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,611

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Municipality: Lake Mills
  • Status Detail: Sold
  • Mailing City: Lake Mills
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Excluded: Tenants/Sellers personal property
  • Items Included: 2 refrigerators, 2 electric ranges, 1 dishwasher lower unit, 1 washer in basement, 1 dryer in basement, window treatments.
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Detached

Schools

  • School District: Lake Mills
  • Elementary School: Lake Mills
  • Middle School: Lake Mills
  • High School: Lake Mills
  • Elementary School: Lake Mills
  • High School: Lake Mills
  • Middle School: Lake Mills
  • School District: Lake Mills

Lot Info

  • Estimated Aces: 0.27
  • Zoning: R2-8
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 32700
  • Improvements: 101900
  • Total Assessment: 134600
  • Assessment year: 2022
  • Net Taxes: 2611
  • Tax Year: 2022
  • Assessor Parcel Number: 246-0713-1232-023

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Sep 8, 2023
Sold by
Mccarter Carolyn
Bought by
Schienebeck Amanda and Schienebeck Gerald Lee
Seller's Agent
John McCoy
RE/MAX Community Realty
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$239,900
Sold Price
$265,000
Premium/Discount to List
$25,100
10.46%
Views
41
Current Estimated Value
$292,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,149
Avg. Annual Appreciation
4.69%
Original Mortgage
$212,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2019
Sold by
Rock River Reno Llc
Bought by
Mccarter Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,382
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2019
Sold by
Jefferson County Sheriff
Bought by
Rock River Reno Llc

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 31, 2017
Sold by
Stende Cecile S and Stende David A
Bought by
Hartwig William
Seller's Agent
Lynn Staude
RE/MAX Preferred
Buyer's Agent
Lynn Staude
RE/MAX Preferred
List Price
$125,000
Sold Price
$133,900
Premium/Discount to List
$8,900
7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$131,474
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 16, 2012
Closed on
May 31, 2013
Sold by
Summit Credit Union
Bought by
Stende Cecile S and Stende David A
Seller's Agent
Janis Elmer
Skyway Properties, LLC
Buyer's Agent
Ciel Stende
South Central Non-Member
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%

Purchase Details

Closed on
Oct 4, 2012
Sold by
Wisconsin Investments Llc
Bought by
Summit Credit Union

Purchase Details

Closed on
Sep 13, 2005
Sold by
Punzel Jason
Bought by
Capital Enterprises Llc
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
Schienebeck Amanda $265,000 None Listed On Document
Mccarter Carolyn $139,900 None Available
Rock River Reno Llc $66,000 None Available
Hartwig William $133,900 None Available
Stende Cecile S $72,600 None Available
Summit Credit Union $95,000 None Available
Capital Enterprises Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schienebeck Amanda $212,000
Previous Owner Mccarter Carolyn $3,382
Previous Owner Mccarter Carolyn $137,260
Previous Owner Hartwig William $131,474
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2023 09/08/23 Sold $265,000 +10.5% $197 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $239,900 +79.2% $178 / Sq Ft
05/31/2017 05/31/17 Sold $133,900 +7.1% $96 / Sq Ft View Prior Sale
04/12/2017 04/12/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $125,000 +56.3% $89 / Sq Ft
05/31/2013 05/31/13 Sold $80,000 -11.1% $44 / Sq Ft View Prior Sale
05/06/2013 05/06/13 Pending -- -- --
11/16/2012 11/16/12 For Sale $90,000 -- $50 / 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 $2,892 $134,600 $32,700 $101,900
2023 $2,692 $134,600 $32,700 $101,900
2022 $2,611 $134,600 $32,700 $101,900
2021 $2,544 $134,600 $32,700 $101,900
2020 $2,513 $134,600 $32,700 $101,900
2019 $2,704 $134,600 $32,700 $101,900
2018 $2,468 $110,200 $32,400 $77,800
2017 $2,438 $110,200 $32,400 $77,800
2016 $2,564 $110,200 $32,400 $77,800
2015 $3,757 $110,200 $32,400 $77,800
2014 $2,402 $110,200 $32,400 $77,800
2013 $2,460 $110,200 $32,400 $77,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1961328

South Central Wisconsin Multiple Listing Service

APN: 246-0713-1232-023