NOT LISTED FOR SALE

744 N Webb Ave Reedsburg, WI 53959

Estimated Value: $747,946

8 Beds
4 Baths
3,600 Sq Ft
$208/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $500,000 $139 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,241/month

Highlights

  • Eat-In Kitchen
  • Laundry Facilities
  • 5-minute walk to Webb Park
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of March 2021

Attention Investors! Well located brick 8 unit apartment complex across the street from Webb school and close to downtown & parks. All 8 units are currently rented with great rental income. Each of the units have range/oven, refrigerator, air conditioner and are separate electric meters & individually controlled. Off street parking and storage area in the basement. Landlord owns coin operated washer & dryer. Don't let this opportunity pass you by.

Last Agent to Sell the Property

Tom Gavin

First Weber Inc License #48760-90 Listed on: 02/28/2021

First Weber Inc

Last Buyer's Agent

Tom Gavin

First Weber Inc License #48760-90 Listed on: 02/28/2021

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,651

Year Built

  • Built in 1965

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 8 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Schools

  • Call School District Elementary School
  • Webb Middle School
  • Reedsburg Area High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

  • 8 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 276-1526-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,651

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Municipality: Reedsburg
  • Status Detail: Sold
  • Mailing City: Reedsburg
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: Level drive, Level lot
  • Miscellaneous: Shared laundry
  • Noi Year: 2020
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Furnaces: 8
  • Number Refrigerators: 8
  • Number Stoves: 8
  • Number Units W Ac: 8
  • Number Washers: 1
  • Number Water Heaters: 8

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 8

Utilities

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

Schools

  • School District: Reedsburg
  • Elementary School: Call School District
  • Middle School: Webb
  • High School: Reedsburg Area
  • Elementary School: Call School District
  • High School: Reedsburg Area
  • Middle School: Webb
  • School District: Reedsburg

Lot Info

  • Estimated Aces: 0.5
  • Zoning: Comm
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 47000
  • Improvements: 307600
  • Total Assessment: 354600
  • Assessment year: 2019
  • Net Taxes: 8651
  • Tax Year: 2019
  • Assessor Parcel Number: 276-1526-00000

Multi Family

  • Number Of2 Bedrooms: 8
  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
Mar 13, 2021
Sold by
Kinast Gloria and Kinast Arthur J
Bought by
Z Quartet Llc
Seller's Agent
Tom Gavin
First Weber Inc
Buyer's Agent
Tom Gavin
First Weber Inc
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$747,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,946
Avg. Annual Appreciation
9.13%

Purchase Details

Closed on
Oct 20, 2005
Sold by
Kinast Arthur J and Kinast Lorraine Gloria
Bought by
Arthur J and Kinast Gloria Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.82%
Mortgage Type
Commercial
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
Z Quartet Llc $500,000 Knight Barry Title Svc Llc
Arthur J $405,000 --
Kinast Arthur J -- None Available
Kinast Arthur J $405,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kinast Arthur J $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $500,000 -4.8% $139 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $525,000 -- $146 / 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 $3,810 $470,700 $57,400 $413,300
2023 $4,564 $420,000 $44,100 $375,900
2022 $9,135 $420,000 $44,100 $375,900
2021 $8,501 $420,000 $44,100 $375,900
2020 $8,780 $420,000 $44,100 $375,900
2019 $8,650 $354,600 $47,000 $307,600
2018 $8,506 $354,600 $47,000 $307,600
2017 $8,252 $354,600 $47,000 $307,600
2016 $8,248 $354,600 $47,000 $307,600
2015 $8,269 $354,600 $47,000 $307,600
2014 $8,341 $354,600 $47,000 $307,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1903227

South Central Wisconsin Multiple Listing Service

APN: 276-1526-00000