NOT LISTED FOR SALE

612 Summit Ave Sun Prairie, WI 53590

Estimated Value: $364,999 - $397,000

4 Beds
2 Baths
1,576 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 23, 2016

Last sale price $175,000 $111 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,486/month

Highlights

  • Balcony
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Sun Prairie East High School Rated A
  • 1-Story Property
  • Water Softener is Owned

About This Home

As of June 2016

Great investment opportunity in the side by side ranch duplex-long term renters yet month to month if you want to owner occupy. Large back yard and great location, attached 1 car garage and full basement. Great investment opportunity in the ranch duplex-long term renters yet month to month.

Last Agent to Sell the Property

Rose Freidel

First Weber Inc License #55155-94 Listed on: 04/15/2016

First Weber Inc

Last Buyer's Agent

Christina Schmidt

Real Broker LLC License #78028-94

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1965

Lot Details

  • 0.46

Home Design

  • Duplex
  • Poured Concrete

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • Garage
  • Garage Door Opener

Schools

  • Northside Elementary School
  • Patrick Marsh Middle School
  • Sun Prairie East High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Balcony
  • 0.46 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 0811-052-3070-9

Community Details

Overview

  • 2 Units
  • Village View Height Subdivision

Building Details

  • Net Operating Income $18,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,220

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Municipality: Sun Prairie
  • Status Detail: Sold
  • Mailing City: Sun Prairie
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story
  • Miscellaneous: Water Softener Owned
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

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

Schools

  • Elementary School: Northside
  • High School: Sun Prairie East
  • Middle School: Patrick Marsh
  • School District: Sun Prairie

Lot Info

  • Estimated Aces: 0.46
  • Zoning: MR8
  • Geo Subdivision: WI

Rental Info

  • Total Income: 18180

Tax Info

  • Net Taxes: 4220
  • Tax Year: 2015
  • Assessor Parcel Number: 0811-052-3070-9

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jun 23, 2016
Sold by
Voelker Ann H and Voelker Ann M
Bought by
Annen Lance M and Annen Jennifer
Seller's Agent
Rose Freidel
First Weber Inc
Buyer's Agent
Christina Schmidt
Real Broker LLC
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%
Current Estimated Value
$377,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,500
Avg. Annual Appreciation
8.57%
Original Mortgage
$131,250
Outstanding Balance
$104,460
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$273,040
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
Annen Lance M $175,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Annen Lance M $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2016 06/23/16 Sold $175,000 -12.5% $111 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $199,900 -- $127 / 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 $6,001 $295,600 $75,900 $219,700
2023 $5,493 $295,600 $75,900 $219,700
2021 $5,326 $237,300 $60,500 $176,800
2020 $5,532 $237,300 $60,500 $176,800
2019 $5,369 $175,400 $52,400 $123,000
2018 $4,180 $175,400 $52,400 $123,000
2017 $3,985 $175,400 $52,400 $123,000
2016 $4,364 $174,300 $44,300 $130,000
2015 $4,220 $174,300 $44,300 $130,000
2014 $4,272 $175,100 $44,300 $130,800
2013 $4,763 $175,100 $44,300 $130,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1772717

South Central Wisconsin Multiple Listing Service

APN: 0811-052-3070-9