NOT LISTED FOR SALE

604 Bartels St Monona, WI 53716

Estimated Value: $724,971

8 Beds
4 Baths
4,012 Sq Ft
$181/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $460,000 $115 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,456/month

8 Days on Market

Highlights

  • Property fronts a channel
  • Wood Flooring
  • Central Air
  • Winnequah School Rated A-
  • Balcony
  • 5-minute walk to Bridge Road Park

About This Home

As of December 2019

Fully leased 4 unit with 50 feet of frontage on Monona Interlake Channel! Residents of this building have direct water access with a private dock & two decks on the river connecting Lake Monona and Mud Lake! OTHER FEATURES: Four 2-story, 2 BR, 1 bath townhouse style apartments, 3 of the 4 apartments recently renovated w/ new flooring & updated kitchens. Each unit has it’s own electric laundry hookups, A/C, private entry & 2 parking stalls. New parking lot area 2019, dock/deck rebuilt 2008. Apt. #4 on Month-Month lease w/ 60 day Notice to terminate. Perfect for owner-occupant scenario.

Last Agent to Sell the Property

Luke Lestikow

First Weber, Inc License #60063-94 Listed on: 10/21/2019

First Weber, Inc

Last Buyer's Agent

Paul Richters

The Hub Realty License #87658-94 2170-4

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,356

Year Built

  • Built in 1976

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts a channel

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 8 Open Parking Spaces
  • On-Street Parking
  • Outside Parking

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Air
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0710-204-4346-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,356

Year Built

Built in 1976

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Municipality: Monona
  • Status Detail: Sold
  • Mailing City: Monona
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: 4 sets of washers/dryers, 4 microwaves
  • Items Included: 4 refrigerators, 4 stoves, 4 dishwashers, 8 wall air conditioning units, water softener, canoe/kayak wood racks in backyard, all window coverings
  • Miscellaneous: Water Softener Owned
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 4
  • Number Units W Ac: 4
  • Number Water Softeners: 1

Exterior Features

  • Waterfront: Has actual water frontage, Channel
  • Waterfront: Yes
  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Electric
  • Parking Stalls Outside: 8

Utilities

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

Schools

  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Monona Grove

Lot Info

  • Estimated Aces: 0.17
  • Zoning: TF-2family
  • Geo Subdivision: WI

Rental Info

  • Total Income: 44400

Tax Info

  • Net Taxes: 6356
  • Tax Year: 2018
  • Assessor Parcel Number: 0710-204-4346-4

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Dec 13, 2019
Sold by
River Birch Properties Llc
Bought by
Jlbl Llc
Seller's Agent
Luke Lestikow
First Weber, Inc
Buyer's Agent
Paul Richters
The Hub Realty
List Price
$419,900
Sold Price
$460,000
Premium/Discount to List
$40,100
9.55%
Current Estimated Value
$724,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,971
Avg. Annual Appreciation
7.56%
Original Mortgage
$368,000
Outstanding Balance
$325,079
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$399,892

Purchase Details

Closed on
Nov 5, 2012
Sold by
Lynch Thomas W and Lynch Melody A
Bought by
River Birch Properties Llc

Purchase Details

Closed on
Mar 21, 2011
Sold by
River Birch Properties Llc
Bought by
Lynch Thomas W and Lynch Melody A

Purchase Details

Closed on
Mar 16, 2007
Sold by
Lynch Thomas and Lynch Melody
Bought by
River Birch Properties Llc

Purchase Details

Closed on
Jan 12, 2007
Sold by
Steinhofer Robert Bruce
Bought by
Lynch Thomas and Lynch Melody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,875
Interest Rate
6.21%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Jlbl Llc $460,000 None Available
River Birch Properties Llc -- None Available
Lynch Thomas W -- None Available
River Birch Properties Llc -- None Available
Lynch Thomas $338,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jlbl Llc $368,000
Previous Owner Lynch Thomas $253,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2019 12/13/19 Sold $460,000 +9.5% $115 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $419,900 -8.7% $105 / Sq Ft
10/21/2019 10/21/19 Off Market $460,000 -- --
Source: South Central Wisconsin Multiple Listing Service

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
2023 $10,026 $541,800 $51,200 $490,600
2022 $8,597 $460,000 $51,200 $408,800
2021 $9,244 $460,000 $51,200 $408,800
2020 $9,508 $460,000 $51,200 $408,800
2019 $6,997 $326,300 $51,200 $275,100
2018 $6,266 $290,000 $51,200 $238,800
2017 $6,415 $290,000 $51,200 $238,800
2016 $6,470 $290,000 $51,200 $238,800
2015 $6,168 $290,000 $51,200 $238,800
2014 $6,261 $290,000 $51,200 $238,800
2013 $6,095 $290,000 $51,200 $238,800
Source: Public Records

Agents Affiliated with this Home

  • Luke Lestikow

    Seller's Agent in 2019

    Luke Lestikow

    First Weber, Inc

    (608) 215-0028

    3 in this area

    120 Total Sales

    Luke Lestikow
    Section Image
  • Paul Richters

    Buyer's Agent in 2019

    Paul Richters

    The Hub Realty

    (608) 438-8715

    1 in this area

    1 Total Sale

    Paul Richters
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1871053

South Central Wisconsin Multiple Listing Service

APN: 0710-204-4346-4

Wisconsin Dane County Monona 53716

604 Bartels St, Monona, WI

Not Listed for Sale

MultiFamily

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.