NOT LISTED FOR SALE

535 Ridge St Mineral Point, WI 53565

Estimated Value: $430,777

8 Beds
4 Baths
3,660 Sq Ft
$118/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $335,000 $92 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,122/month

195 Days on Market

Highlights

  • 1.08 Acre Lot
  • Accessible Bedroom
  • Forced Air Heating System
  • Level Entry For Accessibility
  • Accessible Full Bathroom
  • Laundry Facilities

About This Home

As of February 2022

Looking for a great investment opportunity, this may be it!!! This business has been loved by the same seller for years now and it is time to turn it over to the next entrepreneur. It cash flows great and has been well taken care of over the years. It is home to guests that visit for the night, stay the week or want to continue for the month. The seller has done extremely well with upkeep and upgrades when needed and this truly is a turn key operation. Ask for more details and schedule your showing!

Last Agent to Sell the Property

Christina Weitzel

RE/MAX Preferred License #85554-94 Listed on: 06/30/2021

RE/MAX Preferred

Last Buyer's Agent

Christina Weitzel

RE/MAX Preferred License #85554-94 Listed on: 06/30/2021

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 1.08 Acre Lot
  • Level Lot

Home Design

  • Vinyl Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Block Basement Construction

Parking

  • 21 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility

Schools

  • Mineral Point Elementary And Middle School
  • Mineral Point High School

Utilities

  • Forced Air Heating System
  • High Speed Internet

Community Details

  • 18 Units
  • Laundry Facilities
  • Net Operating Income $15,260

Listing and Financial Details

  • Assessor Parcel Number 2351-0771

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Municipality: Mineral Point
  • Status Detail: Sold
  • Mailing City: Mineral Point
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Townhouse style units
  • Barrier Free: Ramped or level entrance, First floor bedroom, First floor full bath, Level drive, Level lot
  • Items Excluded: Tenants personal property
  • Items Included: All business supplies including but not limited to: 11 stoves, 19 refrigerators, 8 microwaves,9 televisions,10 beds, 3 coin operated washing machines and 2 dryers.
  • Miscellaneous: Shared laundry, Internet - Cable, Internet - DSL
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partial, Walkout to yard, Block foundation
  • Number Dryers: 2
  • Number Furnaces: 10
  • Number Refrigerators: 11
  • Number Stoves: 19
  • Number Units W Ac: 18
  • Number Washers: 3
  • Number Water Heaters: 8

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 21

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, 2 spaces, Outside

Fee Information

  • Total Expenses: 59626

Schools

  • School District: Mineral Point
  • Elementary School: Mineral Point
  • Middle School: Mineral Point
  • High School: Mineral Point
  • Elementary School: Mineral Point
  • High School: Mineral Point
  • Middle School: Mineral Point
  • School District: Mineral Point

Lot Info

  • Estimated Aces: 1.08
  • Zoning: Com
  • Geo Subdivision: WI

Rental Info

  • Total Income: 79780

Tax Info

  • Land Assessment: 43200
  • Improvements: 291100
  • Total Assessment: 334300
  • Assessment year: 2021
  • Net Taxes: 8614
  • Tax Year: 2020
  • Assessor Parcel Number: 2351-0771

Multi Family

  • Number Of1 Bedrooms: 6
  • Number Of2 Bedrooms: 4
  • Number Of Efficiencies: 8
  • Number Of Units: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2010
Sold by
Rre Properties Llc
Bought by
Lease V Edward
Current Estimated Value
$430,777

Purchase Details

Closed on
Jun 2, 2005
Sold by
Wagner Gioria S
Bought by
Kieffer Nicholas J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lease V Edward $49,700 --
Kieffer Nicholas J $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lease V Edward $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2022 02/23/22 Sold $335,000 -14.1% $92 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
06/30/2021 06/30/21 For Sale $389,900 -- $107 / 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 $9,150 $334,300 $43,200 $291,100
2023 $9,085 $334,300 $43,200 $291,100
2022 $8,599 $334,300 $43,200 $291,100
2021 $8,320 $334,300 $43,200 $291,100
2020 $8,616 $334,300 $43,200 $291,100
2019 $8,295 $334,300 $43,200 $291,100
2018 $7,615 $334,300 $43,200 $291,100
2017 $7,369 $293,100 $43,200 $249,900
2016 $7,111 $293,100 $43,200 $249,900
2015 $6,984 $293,100 $43,200 $249,900
2014 -- $293,100 $43,200 $249,900
2013 -- $293,100 $43,200 $249,900
2012 -- $293,100 $43,200 $249,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1913389

South Central Wisconsin Multiple Listing Service

APN: 251-0771