NOT LISTED FOR SALE

Estimated Value: $3,661,323

0.88 Acre
$4,160,594 Price per Acre
38,333 Sq Ft Lot

Last Sold November 14, 2019

Last sale price $299,500

Est. 1,122% increase in value since last sale

Current estimated payment $23,013/month

177 Days on Market

About This Lot

As of November 2019

17 unit multifamily lot complete with engineering and state approved building plans in place and ready to build on. Architectural plans include 12 one-bedroom units and 5 two-bedroom units with 16 garages. The MLS notes contain floor plans, elevations, renderings and other information related to the project. Soil borings are also available.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 04/22/2019

Co-Listed By

Tony Xiong

Madison Property Management, Inc. License #69875-94

Last Buyer's Agent

Cory Frank

RE/MAX Preferred License #83824-94

RE/MAX Preferred

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,005

Lot Details

  • 0.88 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned Multifam

Schools

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

Utilities

  • Underground Utilities
  • Lateral or Tap On-Site
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0911-323-2006-9

Property Details

Property Type

Land

Est. Annual Taxes

$4,005

Lot Details

0

Listing Details

  • Municipality: Sun Prairie
  • Status Detail: Sold
  • Mailing City: Sun Prairie
  • Class: Lots & Acreage
  • Type: Lots & Acreage
  • Type Of Property: City, 5+ Unit Lot
  • Legal Description: Stoneridge Estates-1st Addition Lot 46
  • Price/SqFeet: 7.81
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road: Paved

Utilities

  • Utilities Avail To Lot: Natural gas, Electricity, Telephone, Cable, All underground
  • Waste Disposal: Municipal sewer available, Laterals to Lot Line
  • Water System: Municipal water available, Laterals to lot line

Schools

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

Lot Info

  • Lot Description: Corner
  • Zoning: Multifam
  • Lot Number S: 1
  • Number Of Lots: 1
  • Present Zoning: Multi-family
  • Topography: Level
  • Total Acres: 0.88
  • Geo Subdivision: WI

Tax Info

  • Improvements Type: Curb/gutter
  • Net Taxes: 4005
  • Tax Year: 2018
  • Assessor Parcel Number: 0911-323-2006-9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2020
Sold by
Cf401k Trust
Bought by
Helfrich Enterprises Llp
Current Estimated Value
$3,661,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,018,835
Outstanding Balance
$1,793,491
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$1,867,832

Purchase Details

Listed on
Apr 22, 2019
Closed on
Nov 14, 2019
Sold by
Stonewood Crossing 2 Llc
Bought by
Cf 401K Trust
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Cory Frank
RE/MAX Preferred
List Price
$385,000
Sold Price
$299,500
Premium/Discount to List
-$85,500
-22.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.20%

Purchase Details

Closed on
Feb 8, 2019
Sold by
Stonewood Crossing Llc
Bought by
Stionewood Crossing 2 Llc

Purchase Details

Closed on
Sep 28, 2017
Sold by
Hake 5 Inc
Bought by
Stonewood Crossing Llc

Purchase Details

Closed on
Jul 23, 2015
Sold by
Stonewood Centre Development Company Llc
Bought by
Hake 5 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.05%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Helfrich Enterprises Llp $2,465,000 Knight Barry Title
Cf 401K Trust $300,000 Knight Barry Title
Stionewood Crossing 2 Llc $175,000 None Available
Stonewood Crossing Llc $166,700 --
Hake 5 Inc $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helfrich Enterprises Llp $2,018,835
Previous Owner Hake 5 Inc $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2019 11/14/19 Sold $299,500 -9.0% --
08/08/2019 08/08/19 Price Changed $329,000 -4.6% --
06/03/2019 06/03/19 Price Changed $345,000 -8.0% --
05/13/2019 05/13/19 Price Changed $375,000 -2.6% --
04/22/2019 04/22/19 For Sale $385,000 -- --
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 $45,052 $2,325,900 $255,000 $2,070,900
2023 $41,246 $2,325,900 $255,000 $2,070,900
2021 $35,680 $1,642,600 $194,200 $1,448,400
2020 $3,847 $174,800 $174,800 $0
2019 $4,357 $174,800 $174,800 $0
2018 $4,005 $174,800 $174,800 $0
2017 $3,809 $174,800 $174,800 $0
2016 $3,905 $162,000 $162,000 $0
2015 $3,786 $162,000 $162,000 $0
2014 $3,817 $162,000 $162,000 $0
2013 $4,005 $162,000 $162,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1855070

South Central Wisconsin Multiple Listing Service

APN: 0911-323-2006-9