NOT LISTED FOR SALE

701 S Timmers Ln Appleton, WI 54914

Estimated Value: $893,686 - $1,110,000

12 Beds
8 Baths
9,632 Sq Ft
$104/Sq Ft Est. Value

Last Sold December 06, 2018

Last sale price $520,000 $54 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $6,380/month

105 Days on Market

About This Home

As of December 2018

Investor opportunity to rent 8 unit complex … Incredible cash flow and rental history. Newer roof. How INCREDIBLE is it to have 3 BR's in each unit? Those 3 BR's in each unit make this a real gem for rentals and landlords alike.

Last Agent to Sell the Property

Mike Karisny

Acre Realty, Ltd. License #90-44616 Listed on: 08/20/2018

Last Buyer's Agent

Steve Meidam

Century 21 Affiliated License #94-56254

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,246

Year Built

  • 1980

Lot Details

  • 1.23 Acre Lot

Parking

  • 8 Parking Spaces

Home Design

  • Poured Concrete

Interior Spaces

  • 9,632 Sq Ft Home
  • 2-Story Property

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,246

Year Built

1980

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Type: Multifamily (3+ Unit)
  • Stylebuilding Type: 2 Story, Townhouse Units
  • Tax Municipality: Grand Chute, Town of
  • Total Units: 8
  • Unit Identifier: Town of Grand Chute
  • Remarks Public: Investor opportunity to rent 8 unit complex … Incredible cash flow and rental history. Newer roof. How INCREDIBLE is it to have 3 BR's in each unit? Those 3 BR's in each unit make this a real gem for rentals and landlords alike.
  • Tax Municipal Sub Area: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Source Total Fin Sq Ft: Appraisal
  • Sq Ft Fin Above Grade Est: 9632
  • Sq Ft Total Fin Above And Below: 9632
  • Price Per Sq Ft: 53.99

Exterior Features

  • Exterior Finish Of Building: Pressboard
  • Foundation For Building: Poured Concrete

Garage/Parking

  • Number of Car Spaces: 17x13
  • Number Of Total Parking Outside: 8
  • Building Parking: Outside

Utilities

  • Heating Fuel Type: Electric
  • Number of Ranges: 8
  • Number Of Water Heaters: 8
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water
  • Monthly Water Expense: 1980

Schools

  • School District: Appleton Area

Lot Info

  • Estimated Acres: 1.23
  • Zoning: Commercial
  • Geo Address Line: 701 S Timmers Ln
  • Geo Primary City: Appleton
  • Geo Quality: 0.95
  • Geo Subdivision: WI
  • Geo Zoom Level: 16

Tax Info

  • Assessor Parcel Number: 101132701
  • Tax Net Amt: 11246
  • Tax Year: 2017

Multi Family

  • Number Of Dishwashers: 8
  • Number Of Refrigerators: 8
  • Total Numberof Buildings: 1
  • Bedrooms: 3

MLS Schools

  • School District: Appleton Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Holm Laura B
Bought by
Tumwater Llc
Current Estimated Value
$1,001,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,679
Outstanding Balance
$396,952
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$604,891

Purchase Details

Listed on
Aug 20, 2018
Closed on
Dec 6, 2018
Sold by
Rsdd Llc
Bought by
Holm Laura B
Seller's Agent
Mike Karisny
Acre Realty, Ltd.
Buyer's Agent
Steve Meidam
Century 21 Affiliated
List Price
$549,900
Sold Price
$520,000
Premium/Discount to List
-$29,900
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%

Purchase Details

Closed on
Jan 29, 2016
Sold by
Blue Jay Property Management Llc
Bought by
Rsdd Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Tumwater Llc -- First American Mortgage Soluti
Tumwater Llc -- First American Mortgage Soluti
Holm Laura B $520,000 --
Rsdd Llc $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tumwater Llc $426,679
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $520,000 -5.4% $54 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $549,900 +15.8% $57 / Sq Ft
06/19/2012 06/19/12 Sold $475,000 0.0% $49 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $475,000 -- $49 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

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 $9,585 $550,800 $43,500 $507,300
2023 $9,537 $550,800 $43,500 $507,300
2022 $9,377 $550,800 $43,500 $507,300
2021 $9,355 $550,800 $43,500 $507,300
2020 $9,563 $550,800 $43,500 $507,300
2019 $10,516 $542,600 $36,900 $505,700
2018 $11,436 $542,600 $36,900 $505,700
2017 $11,246 $542,600 $36,900 $505,700
2016 $10,022 $542,600 $36,900 $505,700
2015 $11,227 $542,600 $36,900 $505,700
2014 $11,439 $539,500 $35,800 $503,700
2013 $13,259 $539,500 $35,800 $503,700
Source: Public Records

Agents Affiliated with this Home

  • Mike Karisny

    Seller's Agent in 2018

    Mike Karisny

    Acre Realty, Ltd.

    (920) 740-5556

    13 in this area

    442 Total Sales

    Mike Karisny
    Section Image
  • Steve Meidam

    Buyer's Agent in 2018

    Steve Meidam

    Century 21 Affiliated

    (920) 205-1358

    8 in this area

    112 Total Sales

    Steve Meidam
    Section Image

  • L

    Seller's Agent in 2012

    Listing Maintenance

    Coldwell Banker The Real Estate Group

  • John Riesterer

    Buyer's Agent in 2012

    John Riesterer

    Expert Real Estate Partners, LLC

    (920) 585-2044

    1 in this area

    34 Total Sales

    John Riesterer
    Section Image
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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50190308

REALTORS® Association of Northeast Wisconsin

APN: 10-1-1327-01

Wisconsin Outagamie County Appleton 54914

701 S Timmers Ln, Appleton, WI

This home is located at 701 S Timmers Ln, Appleton, WI 54914 since 20 August 2018 and is currently estimated at $1,001,843, approximately $104 per square foot. This property was built in 1980. 701 S Timmers Ln is a home located in Outagamie County with nearby schools including Badger Elementary School, Wilson Middle School, and Appleton West High School.

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