$185,000
SOLD JUL 22, 2024

603 S Academy St Janesville, WI 53548

Old Fourth Ward Neighborhood
-- Bed
-- Bath
1,400 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$132 Per Sq Ft

6% Above List Price

2 Days on Market

About This Home

As of July 2024

This charming townhouse style duplex is ready to go! With new windows throughout and a vacant unit that is rent-ready the next owner can step in and start or add to their investment portfolio. Or maybe you are looking to owner occupy the vacant side and use the rent from the other to help pay your mortgage! The studio is currently leased at $800 a month through 1/31/25, and the two bedroom could pull $1300/month for combined gross rents of $2100/month. Do not miss out on the opportunity here!

Last Agent to Sell the Property

Colin Schindler

RE/MAX Ignite License #89609-94 Listed on: 06/18/2024

RE/MAX Ignite

Last Buyer's Agent

Patrick Reese

EXIT Professional Real Estate License #79296-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 1890

Parking

  • 1 Covered Space

Home Design

  • Duplex

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Additional Features

  • Oven or Range
  • Laundry in unit
  • Partial Basement
  • 5,227 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units
  • Net Operating Income $21,649

Listing and Financial Details

  • Assessor Parcel Number 241 0136400398

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,031

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Municipality: Janesville
  • Status Detail: Sold
  • Mailing City: Janesville
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side
  • Items Included: 2 Refrigeratos, 2 oven/ranges, 1 washer, and 1 dryer.
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 1
  • Number Water Heaters: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 1
  • Parking Stalls Outside: 1

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Detached, 1 space

Fee Information

  • Total Expenses: 3551

Schools

  • School District: Janesville
  • Elementary School: Call School District
  • Middle School: Call School District
  • High School: Call School District
  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Janesville

Lot Info

  • Estimated Aces: 0.12
  • Zoning: RES
  • Geo Subdivision: WI

Rental Info

  • Total Income: 25200

Tax Info

  • Land Assessment: 10400
  • Improvements: 106800
  • Total Assessment: 117200
  • Assessment year: 2023
  • Net Taxes: 2031
  • Tax Year: 2023
  • Assessor Parcel Number: 241 0136400398

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Jul 22, 2024
Sold by
Childs Cory M and Neal Emily A
Bought by
Schroeder Kimberly
Seller's Agent
Colin Schindler
RE/MAX Ignite
Buyer's Agent
Patrick Reese
EXIT Professional Real Estate
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.81%
Original Mortgage
$180,708
Outstanding Balance
$179,027
Interest Rate
6.99%
Mortgage Type
FHA
Estimated Equity
$9,320

Purchase Details

Closed on
Sep 11, 2023
Sold by
Childs Cory M and Neal Emily A
Bought by
Childs Cory M and Neal Emily A

Purchase Details

Listed on
Nov 16, 2022
Closed on
Nov 28, 2022
Sold by
Tuescher-Croft Crystal M
Bought by
Childs Cory M and Neal Emily A
Seller's Agent
Chris Tuescher
Covenant Realty
Buyer's Agent
Colin Schindler
RE/MAX Ignite
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.73%
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 Type Sale Price Title Company
Warranty Deed $185,000 Town N Country Title Llc
Quit Claim Deed -- --
Warranty Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,708 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Rent $1,450 0.0% --
07/22/2024 07/22/24 Sold $185,000 +5.7% $132 / Sq Ft
06/18/2024 06/18/24 For Sale $175,000 +40.0% $125 / Sq Ft
11/28/2022 11/28/22 Sold $125,000 -10.7% $89 / Sq Ft
11/20/2022 11/20/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $139,900 -- $100 / 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 $1,957 $117,200 $10,400 $106,800
2023 $1,967 $117,200 $10,400 $106,800
2022 $2,710 $98,200 $10,400 $87,800
2021 $2,188 $92,900 $10,400 $82,500
2020 $2,090 $92,900 $10,400 $82,500
2019 $2,243 $92,900 $10,400 $82,500
2018 $2,981 $69,600 $10,400 $59,200
2017 $1,845 $69,600 $10,400 $59,200
2016 $1,716 $69,600 $10,400 $59,200
Source: Public Records

Agents Affiliated with this Home

  • Colin Schindler

    Seller's Agent in 2024

    Colin Schindler

    RE/MAX

    (608) 295-7814

    2 in this area

    298 Total Sales

    Colin Schindler
    Section Image
  • Patrick Reese

    Buyer's Agent in 2024

    Patrick Reese

    EXIT Professional Real Estate

    (608) 516-4209

    1 in this area

    205 Total Sales

    Patrick Reese
    Section Image
  • Chris Tuescher

    Seller's Agent in 2022

    Chris Tuescher

    Covenant Realty

    (608) 754-2121

    5 in this area

    15 Total Sales

    Chris Tuescher
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1979655

South Central Wisconsin Multiple Listing Service

APN: 013-6400398

Wisconsin Rock County Janesville 53548 Old Fourth Ward

603 S Academy St, Janesville, WI

This home is located at 603 S Academy St, Janesville, WI 53548 and is currently priced at $185,000, approximately $132 per square foot. This property was built in 1890. 603 S Academy St is a home located in Rock County with nearby schools including Wilson Elementary School, Franklin Middle School, and Parker High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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