NOT LISTED FOR SALE

701 E Main St Mount Horeb, WI 53572

Estimated Value: $418,000 - $484,000

5 Beds
3 Baths
2,120 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $340,000 $160 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,820/month

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Eat-In Kitchen
  • Mount Horeb Intermediate School Rated A-
  • Attached Garage
  • Laundry Room

About This Home

As of July 2021

Showings start Sunday July 11th from 11am-4pm. If you're looking for a solid investment opportunity in Mt Horeb, take a look at this unique duplex. 701 E Main, built originally as a single family home, is a well maintained 2 bedroom, 2-story with wood floors and original interior trim. 101 S 7th St, built in 1999, is 3 bedroom ranch-style home with 2 bathrooms and a deck. They connect with deep, individual 1-car garages. Both have long-term leases in place.

Last Agent to Sell the Property

Paul Richert

Stark Company, REALTORS License #52996-90 Listed on: 07/09/2021

Stark Company, REALTORS

Last Buyer's Agent

Tobi Silgman

Lauer Realty Group, Inc. License #61610-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,033

Year Built

  • Built in 1999

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Family Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Attached Garage
  • Garage Door Opener

Schools

  • Mount Horeb Elementary And Middle School
  • Mount Horeb High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Softener is Owned
  • High Speed Internet
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 0606-123-1564-5

Community Details

Overview

  • 2 Units
  • Witte's Addition Subdivision

Building Details

  • Net Operating Income $7,073

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,033

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Municipality: Mount Horeb
  • Status Detail: Sold
  • Mailing City: Mount Horeb
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story, 2 story, 2 houses on 1 lot
  • Items Excluded: Seller and tenant personal property.
  • Items Included: 2 stoves, 2 refrigerators, 1 dishwasher, 1 water softener, 2 washers, 2 dryers.
  • Miscellaneous: Water Softener Owned, Internet - Cable, Internet - DSL, Internet - Fixed wireless, Internet - Satellite/Dish
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

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

Fee Information

  • Total Expenses: 16688

Schools

  • Elementary School: Mount Horeb
  • High School: Mount Horeb
  • Middle School: Mount Horeb
  • School District: Mount Horeb

Lot Info

  • Estimated Aces: 0.19
  • Zoning: R-2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 23761

Tax Info

  • Net Taxes: 4033
  • Tax Year: 2020
  • Assessor Parcel Number: 0606-123-1564-5

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 19, 2021
Sold by
Morey Nancy J
Bought by
Morey Nancy J and Gary P Morey Famly Trust
Seller's Agent
Paul Richert
Stark Company, REALTORS
Buyer's Agent
Tobi Silgman
Lauer Realty Group, Inc.
List Price
$299,900
Sold Price
$340,000
Premium/Discount to List
$40,100
13.37%
Current Estimated Value
$449,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,764
Avg. Annual Appreciation
6.46%

Purchase Details

Listed on
Jul 9, 2021
Closed on
Jul 28, 2021
Sold by
Center Groun Properties Llc
Bought by
Morey Nancy J
Seller's Agent
Paul Richert
Stark Company, REALTORS
Buyer's Agent
Tobi Silgman
Lauer Realty Group, Inc.
List Price
$299,900
Sold Price
$340,000
Premium/Discount to List
$40,100
13.37%

Purchase Details

Listed on
Jul 9, 2021
Closed on
Jul 21, 2021
Sold by
Clayton Heidi A and Clayton Kevin R
Bought by
Center Ground Properties Llc
Seller's Agent
Paul Richert
Stark Company, REALTORS
Buyer's Agent
Tobi Silgman
Lauer Realty Group, Inc.
List Price
$299,900
Sold Price
$340,000
Premium/Discount to List
$40,100
13.37%

Purchase Details

Closed on
Mar 22, 2020
Sold by
Center Ground Properties Llc
Bought by
Clayton Heidi A and Clayton Kevin R

Purchase Details

Closed on
Aug 15, 2018
Sold by
Clayton Heidi A and Clayton Kevin R
Bought by
Center Ground Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Morey Nancy J -- None Available
Morey Nancy J $340,000 None Available
Center Ground Properties Llc -- None Available
Clayton Heidi A -- None Available
Center Ground Properties Llc -- None Available
Clayton Heidi A $250,000 Nations Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clayton Heidi A $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2021 07/28/21 Sold $340,000 +13.4% $160 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $299,900 -- $141 / 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 $5,628 $356,300 $73,300 $283,000
2023 $5,418 $356,300 $73,300 $283,000
2022 $5,247 $255,000 $52,400 $202,600
2021 $4,138 $203,000 $52,400 $150,600
2020 $4,033 $203,000 $52,400 $150,600
2019 $4,074 $203,000 $52,400 $150,600
2018 $3,983 $203,000 $52,400 $150,600
2017 $4,383 $207,500 $57,500 $150,000
2016 $4,030 $207,500 $57,500 $150,000
2015 $3,807 $207,500 $57,500 $150,000
2014 -- $207,500 $57,500 $150,000
2013 $3,968 $207,500 $57,500 $150,000
Source: Public Records

Agents Affiliated with this Home

  • Paul Richert

    Seller's Agent in 2021

    Paul Richert

    Stark Company, REALTORS

    (608) 235-9899

    3 in this area

    34 Total Sales

    Paul Richert
    Section Image
  • Tobi Silgman

    Buyer's Agent in 2021

    Tobi Silgman

    Lauer Realty Group, Inc.

    (608) 279-3591

    5 in this area

    246 Total Sales

    Tobi Silgman
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1914164

South Central Wisconsin Multiple Listing Service

APN: 0606-123-1564-5

Wisconsin Dane County Mount Horeb 53572

701 E Main St, Mount Horeb, WI

Not Listed for Sale

MultiFamily

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