NOT LISTED FOR SALE

765 Nelson Ln Watertown, WI 53098

Estimated Value: $397,850 - $438,000

Studio
-- Bath
2,456 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: May 13, 2025

Last sale price $410,000 $167 Per Sq Ft

Current estimated payment $2,558 / mo

2 Days on Market

About This Home

As of May 2025

No 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

Mike Hellekson

Johnson & Hellekson Real Estate, LLC License #48505-90 Listed on: 04/15/2025

Last Buyer's Agent

Daniel Bain

Keller Williams Realty-Milwaukee Southwest License #86263-94

Keller Williams Realty-Milwaukee Southwest

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

Property Details

Property Type

Other

Est. Annual Taxes

$4,039

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Two Family
  • Prop. Type: Two-Family
  • Lot Size Acres: 0.22
  • Directions: From downtown, 4th Street, north to Spaulding Street. West to Nelson Lane and then south to property.
  • Property Information:Est Total Sq Ft: 2456
  • Special Features: None

Interior Features

  • Owner Pays: None
  • Has Basement: Full, Poured Concrete
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exclusions: Appliances are tenant property and not included. Personal property of the seller and tenants is not included.
  • Construction Type: Partial-Brick, Partial-Aluminum, Partial-Vinyl

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Parking Features: Paved Driveway, Driveway Entrance
  • Garage Type: Detached

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Watertown Unified
  • High School: Watertown
  • Middle Or Junior School: Riverside

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 29109153324017

Rental Info

  • Tenant Pays: Electricity, Heat, Sewer, Water, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4039
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2025
Closed on
May 8, 2025
Sold by
Bought by
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
$411,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,213
Avg. Annual Appreciation
0.25%
Original Mortgage
$281,250
Interest Rate
0.0664%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 25, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2007
Sold by
Bought by

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
0.0679%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 10, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$410,000 None Listed On Document
-- None Available
-- None Available
$145,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $281,250
Closed $202,500
Closed $108,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 -- $265,600 $51,900 $213,700
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

  • M

    Seller's Agent in 2025

    Mike Hellekson

    Johnson & Hellekson Real Estate, LLC

    (920) 206-0977

    5 Total Sales

    Mike Hellekson
    Section Image

  • D

    Buyer's Agent in 2025

    Daniel Bain

    Keller Williams Realty-Milwaukee Southwest

    (262) 705-3639

    57 Total Sales

    Daniel Bain
    Section Image
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Map

Source: Metro MLS

MLS Number: 1913815

Metro MLS

APN: 291-0915-3324-017

Wisconsin Dodge County Watertown 53098

765 Nelson Ln, Watertown, WI

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