NOT LISTED FOR SALE

611 Crawford Dr Cottage Grove, WI 53527

Estimated Value: $693,302

8 Beds
4 Baths
3,765 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $320,000 $85 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,383/month

Highlights

  • Balcony
  • Subterranean Parking
  • Central Air
  • Monona Grove High School Rated A-
  • Eat-In Kitchen
  • Water Softener is Owned

About This Home

As of March 2014

Excellent investment opportunity! Fully rented with rents that can go higher. Great location backing up to open space. Tenants pay heat and electric in their units, each unit has private attached garage and storage. Coin-op washers & dryers included, which income isn't included in total income. Kitchen appliances included. Good rental history. Intercom system. Shingled roof in 2007. Landlord pays only for heat in hallways & entry area.

Last Agent to Sell the Property

Joe Weber

First Weber Inc License #12208-90 Listed on: 02/07/2014

First Weber Inc

Last Buyer's Agent

Spencer Schumacher

Spencer Real Estate Group License #58017-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,853

Year Built

  • Built in 1990

Lot Details

  • 0.31

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Subterranean Parking
  • Garage Door Opener

Schools

  • Cottage Grove Elementary School
  • Glacial Drumlin Middle School
  • Monona Grove High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Partial Basement
  • Low Pile Carpeting
  • Balcony
  • 0.31 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 0711-092-6621-0

Community Details

Overview

  • 4 Units
  • Crawford Plat Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $28,570

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,853

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Municipality: Cottage Grove
  • Status Detail: Sold
  • Mailing City: Cottage Grove
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Barrier Free: Low pile or no carpeting
  • Miscellaneous: Shared laundry, Water Softener Owned
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Number Dish Washers: 4
  • Number Dryers: 2
  • Number Units W Ac: 4
  • Number Washers: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Brick, Stone

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant

Utilities

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

Fee Information

  • Total Expenses: 6710

Schools

  • Elementary School: Cottage Grove
  • High School: Monona Grove
  • Middle School: Glacial Drumlin
  • School District: Monona Grove

Lot Info

  • Estimated Aces: 0.31
  • Zoning: Comm
  • Geo Subdivision: WI

Rental Info

  • Total Income: 35280

Tax Info

  • Net Taxes: 6853
  • Tax Year: 2013
  • Assessor Parcel Number: 0711-092-6621-0

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2014
Closed on
Mar 31, 2014
Sold by
Frey Korey and Frey Kelly
Bought by
Dci Property Management Llc
Seller's Agent
Joe Weber
First Weber Inc
Buyer's Agent
Spencer Schumacher
Spencer Real Estate Group
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Current Estimated Value
$693,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,302
Avg. Annual Appreciation
6.90%
Original Mortgage
$250,000
Outstanding Balance
$189,688
Interest Rate
4.29%
Mortgage Type
Commercial
Estimated Equity
$503,614

Purchase Details

Closed on
Jun 4, 2013
Sold by
Frey Korey and Frey Kelly
Bought by
Frey Korey and Frey Kelly

Purchase Details

Closed on
Feb 13, 2008
Sold by
Lenz Endeavors Llc
Bought by
Frey Korey and Frey Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2005
Sold by
Ripp James G and Ripp Dana P
Bought by
Lenz Endeavors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.83%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Dci Property Management Llc $320,000 Knight Barry Title Svcs Llc
Frey Korey -- None Available
Frey Korey $340,000 None Available
Lenz Endeavors Llc $355,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dci Property Management Llc $250,000
Previous Owner Frey Korey $255,000
Previous Owner Lenz Endeavors Llc $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2014 03/31/14 Sold $320,000 -3.0% $85 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $329,900 -- $88 / 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 $8,832 $362,500 $89,500 $273,000
2023 $9,073 $362,500 $89,500 $273,000
2021 $7,607 $362,500 $89,500 $273,000
2020 $7,628 $362,500 $89,500 $273,000
2019 $8,659 $343,600 $77,100 $266,500
2018 $8,178 $343,600 $77,100 $266,500
2017 $8,143 $343,600 $77,100 $266,500
2016 $8,038 $343,600 $77,100 $266,500
2015 $7,436 $343,600 $77,100 $266,500
2014 $7,459 $343,600 $77,100 $266,500
2013 $6,930 $343,600 $77,100 $266,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Joe Weber

    First Weber Inc

    (608) 834-1722

    2 in this area

    20 Total Sales

    Joe Weber
    Section Image
  • Spencer Schumacher

    Buyer's Agent in 2014

    Spencer Schumacher

    Spencer Real Estate Group

    (608) 841-2221

    1 in this area

    372 Total Sales

    Spencer Schumacher
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1706199

South Central Wisconsin Multiple Listing Service

APN: 0711-092-6621-0

Wisconsin Dane County Cottage Grove 53527

611 Crawford Dr, Cottage Grove, WI

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