NOT LISTED FOR SALE

712 Spellman St Mount Horeb, WI 53572

3 Beds
4 Baths
2,498 Sq Ft
1.37 Acres

Last Sold January 18, 2018

Last sale price $1,800,000 $721 Per Sq Ft

33 Days on Market

Highlights

  • 1.37 Acre Lot
  • Open Floorplan
  • Subterranean Parking
  • Mount Horeb Intermediate School Rated A-
  • Balcony
  • Eat-In Kitchen

About This Home

As of January 2018

Quiet neighborhood. Mature Landscaping. 100% occupancy the last 4 years. Possible to raise rents. 26 underground parking spaces and 14 outside spaces.

Last Agent to Sell the Property

Gib Docken

South Central Non-Member License #8607-90 Listed on: 08/31/2017

Last Buyer's Agent

Gib Docken

South Central Non-Member License #8607-90 Listed on: 08/31/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,000

Year Built

  • Built in 1996

Lot Details

  • 1.37

Home Design

  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Dining Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Home Security System
  • Fire Sprinkler System

Parking

  • Garage
  • 14 Open Parking Spaces
  • Subterranean Parking
  • Garage Door Opener
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Balcony
  • 1.37 Acre Lot

Community Details

  • 23 Units
  • Laundry Facilities
  • Net Operating Income $123,393

Listing and Financial Details

  • Assessor Parcel Number 0606-132-1663-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,000

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Municipality: Mount Horeb
  • Status Detail: Sold
  • Mailing City: Mount Horeb
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Width of hallways 42"+, Door openings 29" or more, Low pile or no carpeting
  • Items Excluded: All renters personal property.
  • Items Included: Stove, Refrigerator, dishwasher, mini blinds.2 bedrm units have washers and dryers
  • Miscellaneous: Security system, Shared laundry, Water Softener Owned, Building Sprinkler System
  • Noi Year: 2017
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn, Sump pump
  • Number Dish Washers: 23
  • Number Dryers: 10
  • Number Furnaces: 23
  • Number Refrigerators: 23
  • Number Stoves: 23
  • Number Units W Ac: 23
  • Number Washers: 10
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Forced air
  • Parking Stalls Inside: 27
  • Parking Stalls Outside: 14

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Attached, Underground, Outside, Opener inc
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 85647

Schools

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

Lot Info

  • Estimated Aces: 1.37
  • Zoning: R-5
  • Geo Subdivision: WI

Rental Info

  • Total Income: 17420

Tax Info

  • Land Assessment: 213000
  • Improvements: 1289400
  • Total Assessment: 1502400
  • Assessment year: 2017
  • Net Taxes: 29000
  • Tax Year: 2016
  • Assessor Parcel Number: 0606-132-1663-4

Multi Family

  • Number Of1 Bedrooms: 12
  • Number Of2 Bedrooms: 10
  • Number Of Efficiencies: 1
  • Number Of Units: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2017
Closed on
Jan 18, 2018
Sold by
Prairie Ridge Llc
Bought by
Welch S Prairie Ridge Llc
Seller's Agent
Gib Docken
South Central Non-Member
Buyer's Agent
Gib Docken
South Central Non-Member
List Price
$2,200,000
Sold Price
$1,800,000
Premium/Discount to List
-$400,000
-18.18%

Purchase Details

Closed on
Dec 15, 2006
Sold by
Pellett Jackson B and Pellett Shirley M
Bought by
Prairie Ridge Llc
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Welch S Prairie Ridge Llc $1,800,000 --
Prairie Ridge Llc $1,600,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2018 01/18/18 Sold $1,800,000 -18.2% $721 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $2,200,000 -- $881 / 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 -- -- -- --
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1813336

South Central Wisconsin Multiple Listing Service

APN: 0606-132-1663-4