NOT LISTED FOR SALE

543 S Main St Fall River, WI 53932

6 Beds
3 Baths
3,776 Sq Ft
0.26 Acres

Last Sold March 12, 2020

Last sale price $127,000 $34 Per Sq Ft

24 Days on Market

Highlights

  • Main Floor Bedroom
  • Laundry Room
  • Accessible Bedroom
  • Eat-In Kitchen
  • Level Entry For Accessibility
  • Accessible Full Bathroom

About This Home

As of March 2020

Prime commercial building located on Main Street in Fall River. Building consists of 2 bedroom apartment and vacant retail space (or possible 4th apartment) on the first floor. There are two 2 bedroom apartments on the upper floor. The second story was totally renovated in 2011 with a new roof and windows. The uppers were also redone from the studs out. Separate utilities for each unit. Great rental history and priced to sell.

Last Agent to Sell the Property

Tim Nehls

Nehls Realty LLC License #40834-90 Listed on: 12/16/2019

Last Buyer's Agent

Deena Cortright

Restaino & Associates License #54117-90

Restaino & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,898

Year Built

  • Built in 1850

Lot Details

  • 0.26 Acre Lot

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 5 Open Parking Spaces
  • Outside Parking

Accessible Home Design

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

Schools

  • Fall River Elementary And Middle School
  • Fall River High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating

Community Details

  • 4 Units
  • Net Operating Income $16,900

Listing and Financial Details

  • Assessor Parcel Number 8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,898

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Municipality: Fall River
  • Status Detail: Sold
  • Mailing City: Fall River
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: Ramped or level entrance, First floor bedroom, First floor full bath
  • Items Excluded: Items not mentioned and personal
  • Items Included: 3 Refrigerators, 3 Stoves, 3 Dryers, 3 Washers, All Blinds
  • Year Built: 1850
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dish Washers: 3
  • Number Dryers: 3
  • Number Units W Ac: 1
  • Number Washers: 3

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 5

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 3500

Schools

  • Elementary School: Fall River
  • High School: Fall River
  • Middle School: Fall River
  • School District: Fall River

Lot Info

  • Estimated Aces: 0.26
  • Zoning: R1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 20400

Tax Info

  • Net Taxes: 1898
  • Tax Year: 2018
  • Assessor Parcel Number: 8

Multi Family

  • Number Of2 Bedrooms: 3
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2014
Sold by
Dearborn Street Holdings Llc Series 16 M
Bought by
Schneiter Richard A

Purchase Details

Closed on
Sep 4, 2013
Sold by
Bmo Harris Bank N A
Bought by
Dearborn Street Holdings Llc Series 16 M

Purchase Details

Closed on
Jul 17, 2013
Sold by
T T Masonry Inc A Wisconsin Corporation
Bought by
Bmo Harris Bank N A

Purchase Details

Closed on
May 23, 2006
Sold by
Slinger William John
Bought by
Pena Norma
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Schneiter Richard A $36,700 --
Dearborn Street Holdings Llc Series 16 M -- --
Bmo Harris Bank N A $33,400 --
Pena Norma $51,600 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2020 03/12/20 Sold $127,000 -1.6% $34 / Sq Ft
01/09/2020 01/09/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $129,000 0.0% $34 / Sq Ft
12/16/2019 12/16/19 For Sale $129,000 -- $34 / 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 $4,001 $204,300 $20,000 $184,300
2023 $3,365 $204,300 $20,000 $184,300
2022 $3,239 $204,300 $20,000 $184,300
2021 $2,043 $131,700 $20,000 $111,700
2020 $1,952 $99,200 $18,100 $81,100
2019 $1,969 $99,200 $18,100 $81,100
2018 $1,898 $99,200 $18,100 $81,100
2017 $1,976 $99,200 $18,100 $81,100
2016 $1,799 $99,200 $18,100 $81,100
2015 $1,735 $99,200 $18,100 $81,100
2014 $1,765 $93,800 $18,100 $75,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1873864

South Central Wisconsin Multiple Listing Service

APN: 11126-8