Landlord's Agent in 2024
TJ Wilson
Applegate Inc
(651) 230-0762
53 Total Sales
550 Spring St Unit D5 Somerset, WI 54025
Estimated Value: $5,239,563
2
Beds
1
Bath
700
Sq Ft
$7,485/Sq Ft
Est. Value
Highlights
- No HOA
- Dining Room
- Baseboard Heating
- 1-Story Property
About This Home
As of March 2024This is a 7-building apartment complex located close to downtown Somerset near the Apple River. These are 2-bedroom, 1 bath apartments with electric baseboard heat, wall A/C, stove, fridge and dishwasher. All units in the 520, 530, 540 and 550 buildings have a stackable washer and dryer in the unit. All units in the 560, 570 and 580 buildings have a coin-operated laundry facility in each building. All upper units have a walkout deck and lower units have a walk out patio. River views from the yard & some 2nd level units have vaulted ceilings, close to local parks, on a quiet street with great nature views! Tenant pays for electric & heat. Rent includes water, sewer, trash off-street parking, lawn care and snow removal! This property will allow month-to-month leases for an additional $100/month.
Available Now
$975/month
6 month lease
**All information deemed accurate but not guaranteed**
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $471
Year Built
- Built in 1980
Lot Details
- Lot Dimensions are 225x575x225x575
Parking
- Paved Parking
Home Design
- Apartment
- Vinyl Siding
Interior Spaces
- 700 Sq Ft Home
- 1-Story Property
- Dining Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
Community Details
- No Home Owners Association
- Assessors/Somerset Subdivision
Listing and Financial Details
- Property Available on 1/19/24
- Tenant pays for cable TV, heat
- The owner pays for trash collection
- Assessor Parcel Number 181100760000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 1, 2008
Sold by
Riverwalk Apartments Inc
Bought by
Riverwalk Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,775,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Riverwalk Properties Llc | $2,440,000 | Commercial Partners Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Riverwalk Properties Llc | $1,775,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/01/2024 03/01/24 | Rented | $975 | 0.0% | -- |
| 01/19/2024 01/19/24 | For Rent | $975 | -- | -- |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $471 | $2,520,000 | $126,000 | $2,394,000 |
| 2023 | $45,938 | $2,520,000 | $126,000 | $2,394,000 |
| 2022 | $43,624 | $2,520,000 | $126,000 | $2,394,000 |
| 2021 | $43,298 | $2,520,000 | $126,000 | $2,394,000 |
| 2020 | $47,757 | $2,520,000 | $126,000 | $2,394,000 |
| 2019 | $50,047 | $1,887,500 | $112,000 | $1,775,500 |
| 2018 | $46,363 | $1,887,500 | $112,000 | $1,775,500 |
| 2017 | $45,585 | $1,887,500 | $112,000 | $1,775,500 |
| 2016 | $45,585 | $1,887,500 | $112,000 | $1,775,500 |
| 2015 | $45,059 | $1,887,500 | $112,000 | $1,775,500 |
| 2014 | $44,307 | $1,887,500 | $112,000 | $1,775,500 |
| 2013 | $44,580 | $1,887,500 | $112,000 | $1,775,500 |
Source: Public Records
Agents Affiliated with this Home
-
TJ Wilson
Map
Source: NorthstarMLS
MLS Number: 6479231
APN: 181-1007-60-000
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