NOT LISTED FOR SALE

5516 Osborn Dr Mc Farland, WI 53558

Estimated Value: $489,000 - $585,000

4 Beds
2 Baths
2,772 Sq Ft
$188/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $468,000 $169 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,366/month

6 Days on Market

Highlights

  • Open Floorplan
  • Den
  • Eat-In Kitchen
  • McFarland High School Rated A-
  • Balcony
  • Laundry Room

About This Home

As of August 2024

Showings begin 6/22. Rare opportunity to own a 2-family duplex home in the heart of McFarland, close to the McFarland House Cafe, McFarland Community Garden, Spartan Pizza, and ED Locke Public Library. Excellent income opportunity granting you the ability to rent out both sides or live in one and rent the other. The lease for unit 5516 expires 7/31/24, and unit 5518 expires 8/31/24. Each unit features a fantastic open layout, 1,386 sqft, a spacious backyard with a patio, and a 1-car, attached garage. Unparalleled location and opportunity! Call (608) 620-4177 for showings.

Last Agent to Sell the Property

Dan Chin Homes Team

Real Broker LLC Listed on: 05/24/2024

Real Broker LLC

Last Buyer's Agent

Penny Jaskulske

EXP Realty, LLC License #48014-90

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,085

Year Built

  • Built in 1991

Lot Details

  • 0.32 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Family Room
  • Den
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Level Entry For Accessibility
  • Low Pile Carpeting
  • Ramped or Level from Garage

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Waubesa Elementary School
  • Indian Mound Middle School
  • Mcfarland High School

Utilities

  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned
  • High Speed Internet

Community Details

  • 2 Units
  • Osborn Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0610-022-4562-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,085

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Municipality: McFarland
  • Status Detail: Sold
  • Mailing City: McFarland
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story
  • Barrier Free: Open floor plan, Ramped or level entrance, Ramped or lvl from garage, Level drive, Level lot, Low pile or no carpeting
  • Items Excluded: Seller's and Tenant's Personal Property, Washer, Dryer, Microwave
  • Items Included: Wall AC Unit (2)
  • Miscellaneous: Water Softener Owned, Internet - Cable
  • Noi Year: 2023
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, 2 spaces, Outside, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • School District: McFarland
  • Elementary School: Waubesa
  • Middle School: Indian Mound
  • High School: Mcfarland
  • Elementary School: Waubesa
  • High School: Mcfarland
  • Middle School: Indian Mound
  • School District: McFarland

Lot Info

  • Estimated Aces: 0.323
  • Zoning: R2

Rental Info

  • Total Income: 35700

Tax Info

  • Land Assessment: 86600
  • Improvements: 295600
  • Total Assessment: 382200
  • Assessment year: 2024
  • Net Taxes: 6085
  • Tax Year: 2023
  • Assessor Parcel Number: 0610-022-4562-4

Multi Family

  • Number Of3 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Aug 2, 2024
Sold by
Joan N N and Joan Fred J
Bought by
Afland Invest Llc
Seller's Agent
Dan Chin Homes Team
Real Broker LLC
Buyer's Agent
Penny Jaskulske
EXP Realty, LLC
List Price
$469,000
Sold Price
$468,000
Premium/Discount to List
-$1,000
-0.21%
Views
29
Current Estimated Value
$521,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,511
Avg. Annual Appreciation
10.65%
Original Mortgage
$374,400
Outstanding Balance
$370,849
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$150,662

Purchase Details

Closed on
Apr 1, 2007
Sold by
Schoepp Fred J and Schoepp Joan N
Bought by
Schoepp Joan N and Schoepp Fred J
Source: Public Records

Range of Values:

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Average Value
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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
Afland Invest Llc $468,000 None Listed On Document
Schoepp Joan N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Afland Invest Llc $374,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $468,000 -0.2% $169 / Sq Ft
06/18/2024 06/18/24 For Sale $469,000 0.0% $169 / Sq Ft
06/18/2024 06/18/24 Price Changed $469,000 +0.2% $169 / Sq Ft
05/24/2024 05/24/24 Off Market $468,000 -- --
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 $6,351 $382,200 $86,600 $295,600
2023 $6,085 $360,300 $66,600 $293,700
2021 $5,754 $285,800 $66,600 $219,200
2020 $5,500 $271,900 $66,600 $205,300
2019 $5,316 $254,900 $66,600 $188,300
2018 $5,216 $243,700 $66,600 $177,100
2017 $5,315 $243,700 $66,600 $177,100
2016 $5,048 $228,000 $66,600 $161,400
2015 $4,803 $221,700 $66,600 $155,100
2014 $4,948 $209,300 $66,600 $142,700
2013 $4,828 $218,900 $77,800 $141,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1978012

South Central Wisconsin Multiple Listing Service

APN: 0610-022-4562-4