Seller's Agent in 2021
Marc Frisco
RE/MAX
(262) 925-3090
2 in this area
72 Total Sales
630 W State St Burlington, WI 53105
Estimated Value: $1,412,848
24
Beds
12
Baths
--
Sq Ft
0.61
Acres
About This Home
As of February 2021Super clean 12 Unit on the South West Side of Burlington. Excellent tenant history with very little turnover and almost never a vacancy. Solid all Brick Building with many maintenance free aspects. Large parking lot behind building and ample on street parking. Seven of twelve units refreshed within last twelve months which allowed for increased rent. Remaining units are long term tenants. Offered at 7.8% Cap! Newer roof and windows. Sit back and build equity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,584
Year Built
- Built in 1990
Lot Details
- 0.61 Acre Lot
- Lot Dimensions are 160 x 165
- Corner Lot
Home Design
- Brick Exterior Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 24 Bedrooms
- 12 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for air conditioning, electricity
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $1,224
- Fuel Expense $1,776
- Insurance Expense $2,437
- Maintenance Expense $2,087
- Trash Expense $968
- Water Sewer Expense $3,314
- Operating Expense $26,555
- Gross Income $104,460
- Net Operating Income $78,005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2021
Closed on
Feb 11, 2021
Sold by
406 Ventures Llc
Bought by
William And Janita Smith Foundation
Seller's Agent
Marc Frisco
REMAX Elite
Buyer's Agent
Marc Frisco
REMAX Elite
List Price
$990,000
Sold Price
$1,021,000
Premium/Discount to List
$31,000
3.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,848
Avg. Annual Appreciation
7.14%
Purchase Details
Closed on
Jan 25, 2019
Sold by
Hanson Kenneth
Bought by
406 Ventures Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| William And Janita Smith Foundation | $1,021,000 | Fidelity Title Inc | |
| 406 Ventures Llc | $851,000 | Fidelity Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 406 Ventures Llc | $595,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/12/2021 02/12/21 | Sold | $1,021,000 | +3.1% | -- |
| 01/25/2021 01/25/21 | Pending | -- | -- | -- |
| 01/20/2021 01/20/21 | For Sale | $990,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $16,643 | $1,152,000 | $73,500 | $1,078,500 |
| 2023 | $15,880 | $1,068,400 | $73,500 | $994,900 |
| 2022 | $17,713 | $1,021,000 | $73,500 | $947,500 |
| 2021 | $12,582 | $689,000 | $73,500 | $615,500 |
| 2020 | $12,583 | $652,600 | $73,500 | $579,100 |
| 2019 | $13,044 | $652,600 | $73,500 | $579,100 |
| 2018 | $13,350 | $652,600 | $73,500 | $579,100 |
| 2017 | $13,184 | $567,500 | $73,500 | $494,000 |
| 2016 | $12,838 | $567,500 | $73,500 | $494,000 |
| 2015 | $13,198 | $567,500 | $73,500 | $494,000 |
| 2014 | $12,961 | $567,500 | $73,500 | $494,000 |
| 2013 | $13,599 | $567,500 | $73,500 | $494,000 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Frisco
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10975350
APN: 206-031931029000
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 308 Donald Dr
- 472 Orchard St
- 291 Robins Run
- 35511 Voree Ct
- 512 Tower St
- 225 Conkey St
- 465 Hawthorne St
- 449 Emerson St
- 1009 Spring Valley Rd
- 1095 Spring Valley Rd
- 200 N Kane St
- 125 E State St
- 148 Edward St
- 525 N Pine St
- 248 N Pine St
- 224 Madison St
- 116 N Dodge St
- 400 S Pine St
- Lt18 River Dr
- Lt25 River Dr