NOT LISTED FOR SALE

706 Faryl Ave Delavan, WI 53115

Estimated Value: $827,406

3 Beds
2 Baths
1,508 Sq Ft
$549/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $675,000 $448 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,417/month

32 Days on Market

Highlights

  • 2.84 Acre Lot
  • Eat-In Kitchen
  • Accessible Bedroom
  • Balcony
  • Level Entry For Accessibility
  • Accessible Full Bathroom

About This Home

As of July 2022

2 16 unit apartment buildings in the city of Delavan. Tenants pay electric heat. Large 2.8 acred lot. Good investment property. Sixteen 1 bedroom units & sixteen 2 bedroom units. Room for garages. The 4 washers & 4 dryers are leased. Property is in USDA Rural Development Low Income Housing Program. Property is required to stay in this program until 5/7/2036. This program allows renting only to low income tenants. Rents are controlled, Profit is limited to $3,925/yr, must be professionally managed. Purchase: NO NEW LOAN can be taken upon this property. Buyer assumes the present mortgage (approx $100k bal.) and brings CASH to Closing equal to difference between PURCHASE PRICE and MTG BALANCE; eg, $575k. See Documents for details.

Last Agent to Sell the Property

Alex Pfister

Century 21 Affiliated Pfister License #8624-90 Listed on: 11/08/2021

Century 21 Affiliated Pfister

Co-Listed By

John Carter

Century 21 Affiliated Pfister License #90932-94

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,598

Year Built

  • Built in 1986

Lot Details

  • 2.84 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 32 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility

Outdoor Features

  • Balcony

Schools

  • Call School District Elementary And Middle School
  • Delavan-Darien High School

Utilities

  • Radiant Heating System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number XA143900001

Community Details

Overview

  • 32 Units
  • Lot 1 Csm 1439 Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $37,125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,598

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Municipality: Delavan
  • Status Detail: Sold
  • Mailing City: Delavan
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Barrier Free: Ramped or level entrance, First floor bedroom, First floor full bath, Level drive, Level lot, Width of hallways 42"+
  • Items Excluded: Tenant's personal property
  • Miscellaneous: Shared laundry
  • Noi Year: 2020
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Poured concrete foundatn
  • Number Refrigerators: 32
  • Number Stoves: 32
  • Number Water Heaters: 4

Exterior Features

  • Exterior: Wood, Brick

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Outside: 32

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 192458

Schools

  • School District: Delavan-Darien
  • Elementary School: Call School District
  • Middle School: Call School District
  • High School: Delavan-Darien
  • Elementary School: Call School District
  • High School: Delavan-Darien
  • Middle School: Call School District
  • School District: Delavan-Darien

Lot Info

  • Estimated Aces: 2.842
  • Zoning: RM-12
  • Geo Subdivision: WI

Rental Info

  • Total Income: 229583

Tax Info

  • Land Assessment: 97800
  • Improvements: 368900
  • Total Assessment: 466700
  • Assessment year: 2020
  • Net Taxes: 10598
  • Tax Year: 2020
  • Assessor Parcel Number: XA143900001

Multi Family

  • Number Of1 Bedrooms: 16
  • Number Of2 Bedrooms: 16
  • Number Of Units: 32

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $675,000 0.0% $448 / Sq Ft
11/08/2021 11/08/21 For Sale $675,000 -- $448 / 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 $9,688 $648,600 $116,000 $532,600
2023 $10,421 $466,700 $97,800 $368,900
2022 $10,292 $466,700 $97,800 $368,900
2021 $10,224 $466,700 $97,800 $368,900
2020 $10,598 $466,700 $97,800 $368,900
2019 $10,666 $466,700 $97,800 $368,900
2018 $9,600 $466,700 $97,800 $368,900
2017 $10,889 $466,700 $137,300 $329,400
2016 $10,975 $466,700 $137,300 $329,400
2015 $11,151 $466,700 $137,300 $329,400
2014 $11,041 $466,700 $137,300 $329,400
2013 $11,041 $466,700 $137,300 $329,400
Source: Public Records

Agents Affiliated with this Home

  • Alex Pfister

    Seller's Agent in 2022

    Alex Pfister

    Century 21 Affiliated Pfister

    (608) 437-3044

    1 in this area

    53 Total Sales

    Alex Pfister
    Section Image
  • John Carter

    Seller Co-Listing Agent in 2022

    John Carter

    Century 21 Affiliated Pfister

    (608) 335-3818

    1 in this area

    40 Total Sales

    John Carter
    Section Image

  • S

    Buyer's Agent in 2022

    SCWMLS Non-Member

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1923443

South Central Wisconsin Multiple Listing Service

APN: XA143900001

Wisconsin Walworth County Delavan 53115

706 Faryl Ave, Delavan, WI

This home is located at 706 Faryl Ave, Delavan, WI 53115 since 08 November 2021 and is currently estimated at $827,406, approximately $548 per square foot. This property was built in 1986. 706 Faryl Ave is a home located in Walworth County with nearby schools including Delavan-Darien High School, Delavan Christian School, and Our Redeemer Lutheran School.

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.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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