M
Seller's Agent in 2025
Mike Hellekson
Johnson & Hellekson Real Estate, LLC
(920) 206-0977
3 in this area
5 Total Sales
765 Nelson Ln Watertown, WI 53098
--
Bed
--
Bath
2,456
Sq Ft
9,583
Sq Ft Lot
About This Home
As of May 2025No brainer! Desirable 3BR, 1.5BA side x side townhouse includes full private basements and a detached two car garage. Tenants pay all utilities and take care of lawn/snow. Ideal for owner occupant or to lease both units. Want both rented? No problem. The unit kept open for showings is ready to lease and will likely command a high rent( $1600+?) The occupied unit is rented by a stable long term tenant at a below market rent with upside income potential. Excellent alternative to the stock market and a hedge against inflation. Rentals continue to demand and obtain all time high rents while interest rates remain competitive. Located on a quiet cul-de-sac street with views of the river. Convenient to schools, shopping, parks and historic downtown Watertown.
Last Agent to Sell the Property
Johnson & Hellekson Real Estate, LLC License #48505-90 Listed on: 04/15/2025
Property Details
Property Type
- Other
Est. Annual Taxes
- $4,039
Lot Details
- 9,583 Sq Ft Lot
Parking
- 2 Car Detached Garage
Home Design
- Poured Concrete
Interior Spaces
- 2,456 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Riverside Middle School
- Watertown High School
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: Appliances are tenant property and not included. Personal property of the seller and tenants is not included.
- Tenant pays for electricity, heat, sewer, water, gas
- Assessor Parcel Number 29109153324017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2025
Closed on
May 8, 2025
Sold by
Investment Property Consultants Llc
Bought by
Nguyen Giang T
Seller's Agent
Mike Hellekson
Johnson & Hellekson Real Estate, LLC
Buyer's Agent
Daniel Bain
Keller Williams Realty-Milwaukee Southwest
List Price
$389,000
Sold Price
$410,000
Premium/Discount to List
$21,000
5.4%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,881
Avg. Annual Appreciation
-1.79%
Original Mortgage
$281,250
Outstanding Balance
$280,252
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$126,867
Purchase Details
Closed on
May 18, 2015
Sold by
Dodge County
Bought by
Investment Property Consultants Llc
Purchase Details
Closed on
Jan 25, 2012
Sold by
Sharwani Zarak
Bought by
Investment Property Constultants Llc
Purchase Details
Closed on
Jul 26, 2007
Sold by
Densche Bank National Trust Company
Bought by
Investment Property Consultants Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
6.79%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 10, 2007
Sold by
Miller Danel H
Bought by
Deutsche Bank National Trust Co
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $410,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $145,000 | None Available | |
| Sheriffs Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $281,250 | New Conventional | |
| Previous Owner | $108,750 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/13/2025 05/13/25 | Sold | $410,000 | +5.4% | $167 / Sq Ft |
| 04/15/2025 04/15/25 | For Sale | $389,000 | -- | $158 / Sq Ft |
Source: Metro MLS
Tax History Compared to Growth
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 | $4,038 | $265,600 | $51,900 | $213,700 |
| 2023 | $0 | $243,000 | $43,800 | $199,200 |
| 2022 | $5,727 | $243,000 | $43,800 | $199,200 |
| 2021 | $4,057 | $140,000 | $30,000 | $110,000 |
| 2020 | $3,758 | $140,000 | $30,000 | $110,000 |
| 2019 | $4,262 | $140,000 | $30,000 | $110,000 |
| 2018 | $3,723 | $140,000 | $30,000 | $110,000 |
| 2017 | $5,137 | $140,000 | $30,000 | $110,000 |
| 2016 | $4,248 | $140,000 | $30,000 | $110,000 |
| 2015 | $6,010 | $140,000 | $30,000 | $110,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Hellekson
-
Daniel Bain
D
Buyer's Agent in 2025
Daniel Bain
Keller Williams Realty-Milwaukee Southwest
(262) 705-3639
1 in this area
61 Total Sales
Map
Source: Metro MLS
MLS Number: 1913815
APN: 291-0915-3324-017
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