NOT LISTED FOR SALE

701 N 2nd St Watertown, WI 53098

Estimated Value: $349,025

-- Bed
-- Bath
1,200 Sq Ft
$291/Sq Ft Est. Value

Last Sold October 04, 2024

Last sale price $320,000 $267 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,090/month

8 Days on Market

About This Home

As of October 2024

Great investment opportunity at 701 N 2nd St, Watertown, WI! This well-maintained 4-unit property offers 1 bed 1 bathroom apartments. Each unit features spacious layouts, kitchens, and bathrooms. Located in the heart of Watertown, tenants will appreciate the close proximity to downtown shops, restaurants, parks, and schools. With a strong rental history, off-street parking, and solid income potential, this property is a must-see for investors! 4-unit property in Watertown, WI. Updated interiors, strong rental history.

Last Agent to Sell the Property

The Hub Team

The Hub Realty Listed on: 08/23/2024

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,943

Year Built

  • Built in 1920

Lot Details

  • 3,659

Home Design

  • Brick Exterior Construction

Parking

  • 3 Open Parking Spaces
  • On-Street Parking
  • Outside Parking

Schools

  • Call School District Elementary And Middle School
  • Watertown High School

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,659 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 291-0915-3343-107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,943

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Municipality: Watertown
  • Status Detail: Sold
  • Mailing City: Watertown
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Tenant's Personal Property
  • Items Included: Refrigerators x 4, Stoves x 4
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Units W Ac: 4

Exterior Features

  • Exterior: Brick

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Detached, 2 spaces, Outside

Schools

  • Elementary School: Call School District
  • High School: Watertown
  • Middle School: Call School District
  • School District: Watertown

Lot Info

  • Estimated Aces: 0.084
  • Zoning: Commercial
  • Geo Subdivision: WI

Rental Info

  • Total Income: 36000

Tax Info

  • Net Taxes: 2943
  • Tax Year: 2023
  • Assessor Parcel Number: 291-0915-3343-107

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 1, 2024
Sold by
Lw Capital Investments Llc
Bought by
1969 Lincoln Llc
Seller's Agent
The Hub Team
The Hub Realty
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Views
12
Current Estimated Value
$349,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,025
Avg. Annual Appreciation
8.54%
Original Mortgage
$240,000
Outstanding Balance
$237,477
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$111,548

Purchase Details

Closed on
Mar 1, 2024
Sold by
Tpgs Properties 9 Llc
Bought by
Lw Capital Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,137
Interest Rate
6.6%
Mortgage Type
New Conventional
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
1969 Lincoln Llc $320,000 Knight Barry Title
Lw Capital Investments Llc $250,000 Knight Barry Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1969 Lincoln Llc $240,000
Previous Owner Lw Capital Investments Llc $327,137
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold $320,000 -1.5% $267 / Sq Ft
08/31/2024 08/31/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $325,000 -- $271 / 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 $3,048 $201,300 $17,500 $183,800
2023 $0 $161,000 $17,500 $143,500
2022 $2,916 $161,000 $17,500 $143,500
2021 $3,203 $120,000 $17,500 $102,500
2020 $3,212 $120,000 $17,500 $102,500
2019 $3,088 $120,000 $17,500 $102,500
2018 $3,008 $120,000 $17,500 $102,500
2017 $3,351 $120,000 $17,500 $102,500
2016 $3,740 $120,000 $17,500 $102,500
2015 $5,178 $120,000 $17,500 $102,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    The Hub Team

    The Hub Realty

    (608) 556-4400

    1 in this area

    253 Total Sales

    The Hub Team
    Section Image

  • S

    Buyer's Agent in 2024

    SCWMLS Non-Member

    South Central Non-Member

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1984418

South Central Wisconsin Multiple Listing Service

APN: 291-0915-3343-107

Wisconsin Dodge County Watertown 53098

701 N 2nd St, Watertown, WI

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