NOT LISTED FOR SALE

613 Topeka Dr Lake Mills, WI 53551

Estimated Value: $370,000 - $579,000

6 Beds
4 Baths
2,688 Sq Ft
$167/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $258,500 $96 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,796/month

Highlights

  • Wood Flooring
  • Fireplace
  • Forced Air Heating and Cooling System
  • Balcony
  • Eat-In Kitchen
  • 3-minute walk to East Lakeland Hights Play Lot

About This Home

As of July 2020

Showings have been suspended. Great Investor or private duplex sale opportunity in a nice neighborhood in Beautiful Lake Mills. Each unit has 3 bedrooms, 2 baths, w/ approx. 1300+ sq. ft of living space. LL has a full bath, 3rd , & lg family room w/ walkout door to the spacious back yard. Unit 615 has been updated w/ newer flooring, new water heater just installed in unit 613. Duplex needs some new updates, but plenty of room for investment opportunity & potential for a good steady rental income. Unit 613 is on month to month rental, with $1000/mo rent. Unit 615 has a rental agreement until 8-31-2020. Rent for 615 is $950/mo, renter mows the lawn & shovels in the winter. Come & take a look, that's a lot of sq ftg for the price in Lake Mills!

Last Agent to Sell the Property

Heidi Kabat

RE/MAX Community Realty License #57182-90 Listed on: 03/05/2020

RE/MAX Community Realty

Last Buyer's Agent

Heidi Kabat

RE/MAX Community Realty License #57182-90 Listed on: 03/05/2020

RE/MAX Community Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,964

Year Built

  • Built in 1985

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Finished Basement

  • Walk-Out Basement
  • Basement Windows

Parking

  • Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway Level
  • Outside Parking

Outdoor Features

  • Balcony

Schools

  • Lake Mills Elementary And Middle School
  • Lake Mills High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 246-0714-0733-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,964

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Municipality: Lake Mills
  • Status Detail: Sold
  • Mailing City: Lake Mills
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 2 story
  • Barrier Free: Level drive, Level lot
  • Items Excluded: Seller's & tenant's personal property.
  • Items Included: 1 Range, 1 refrigerators, 1 dryer, 2 water softeners (owned)
  • Miscellaneous: Water Softener Owned
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full size windows/Exposed, Walkout to yard, Finished, Poured concrete foundatn
  • Number Dryers: 1
  • Number Units W Ac: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 1
  • Parking Stalls Outside: 3

Utilities

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

Schools

  • Elementary School: Lake Mills
  • High School: Lake Mills
  • Middle School: Lake Mills
  • School District: Lake Mills

Lot Info

  • Estimated Aces: 0.29
  • Zoning: RES
  • Geo Subdivision: WI

Rental Info

  • Total Income: 1950

Tax Info

  • Net Taxes: 4964
  • Tax Year: 2019
  • Assessor Parcel Number: 246-0714-0733-004

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jul 2, 2020
Sold by
Werner Andrew
Bought by
Imperial Llc
Seller's Agent
Heidi Kabat
RE/MAX Community Realty
Buyer's Agent
Heidi Kabat
RE/MAX Community Realty
List Price
$259,900
Sold Price
$258,500
Premium/Discount to List
-$1,400
-0.54%
Current Estimated Value
$448,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,891
Avg. Annual Appreciation
10.91%
Original Mortgage
$206,800
Outstanding Balance
$183,717
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$264,674

Purchase Details

Closed on
Jun 22, 2007
Sold by
Larkin Patrick E and Conner Devon C
Bought by
Werner Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Imperial Llc $258,500 None Available
Werner Andrew $233,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Imperial Llc $206,800
Previous Owner Werner Andrew $233,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $258,500 -0.5% $96 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $259,900 -- $97 / 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 $5,384 $248,000 $49,200 $198,800
2023 $5,506 $248,000 $49,200 $198,800
2022 $5,256 $248,000 $49,200 $198,800
2021 $5,153 $248,000 $49,200 $198,800
2020 $4,878 $244,400 $49,200 $195,200
2019 $4,964 $244,400 $49,200 $195,200
2018 $5,029 $211,200 $48,000 $163,200
2017 $4,979 $211,200 $48,000 $163,200
2016 $5,045 $211,200 $48,000 $163,200
2015 $4,907 $211,200 $48,000 $163,200
2014 $4,933 $211,200 $48,000 $163,200
2013 $5,619 $211,200 $48,000 $163,200
Source: Public Records

Agents Affiliated with this Home

  • Heidi Kabat

    Seller's Agent in 2020

    Heidi Kabat

    RE/MAX

    (920) 650-0065

    63 in this area

    165 Total Sales

    Heidi Kabat
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1878411

South Central Wisconsin Multiple Listing Service

APN: 246-0714-0733-004

Wisconsin Jefferson County Lake Mills 53551

613 Topeka Dr, Lake Mills, WI

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