$1,400,000
SOLD AUG 18, 2021

819 Lum Ave Waterloo, WI 53594

-- Bed
-- Bath
-- Sq Ft
1.57 Acres

Recently Sold

26 Days on Market

About This Home

As of January 2025

PRIME INVESTMENT OPPORTUNITY. Put your money to work and invest in real assets while interest rates are still EXTRAORDINARILY LOW. 100% occupied, (18) 2 bedroom, 1 bath units. Units include separate utilities, appliances, coin laundry and off street parking. Several units have been updated and with continued improvements there is significant upside on the rents. Strong rental market. Don't delay. Prequalified buyers only.

Last Agent to Sell the Property

Mike Hellekson

Johnson & Hellekson Real Estate, LLC License #48505-90 Listed on: 05/28/2021

Last Buyer's Agent

William Backes

Doering & Co Real Estate, LLC License #81585-94

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $16,290

Year Built

  • Built in 1990

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • Waterloo Elementary And Middle School
  • Waterloo High School

Additional Features

  • Multi-Level Property
  • 1.57 Acre Lot
  • Heating Available

Community Details

  • 18 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$16,290

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1990
  • Cleared Acreage: Over 1 acre to 2 acres
  • Full Street Address: 819 Lum Ave
  • Type 5 Heat Fuel: Electric
  • Lot Acreage: 1.57
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
  • Has Basement: None / Slab

Exterior Features

  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick, Vinyl

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Waterloo
  • Elementary School: Waterloo
  • Middle School: Waterloo
  • High School: Waterloo
  • Elementary School: Waterloo
  • High School: Waterloo
  • Junior High Dist: Waterloo

Lot Info

  • Zoning: multi
  • Acreage Range: 1 to 4.99

Tax Info

  • Tax Year: 2020
  • Total Taxes: 16290.0

MLS Schools

  • Middle School: Waterloo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Jan 30, 2025
Sold by
Ao Holdings Wisconsin Llc and Kf Holdings Llc
Bought by
Triple Lum Ave Llc
Seller's Agent
Brian Lawton
EXIT Realty HGM
Buyer's Agent
Jerilyn Endrizzi
Coldwell Banker Real Estate Group
List Price
$1,900,000
Sold Price
$1,715,000
Premium/Discount to List
-$185,000
-9.74%
Views
54
Current Estimated Value
$1,801,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,008
Avg. Annual Appreciation
4.73%
Original Mortgage
$954,100
Outstanding Balance
$952,443
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$800,189

Purchase Details

Listed on
May 28, 2021
Closed on
Aug 10, 2021
Sold by
Richwood Ranch Llc
Bought by
Ao Holdings Wisconsin Llc and Kf Holdings Llc
Seller's Agent
Mike Hellekson
Johnson & Hellekson Real Estate, LLC
Buyer's Agent
William Backes
Doering & Co Real Estate, LLC
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$1,120,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2018
Sold by
Parchem Robert
Bought by
Richwood Ranch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$691,135
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2009
Sold by
Parchem Robert C and Parchem Ruth Caryl
Bought by
Parchem Robert C
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Warranty Deed $1,715,000 None Listed On Document
Warranty Deed $1,400,000 None Available
Warranty Deed $1,020,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $954,100 New Conventional
Previous Owner $1,120,000 Commercial
Previous Owner $912,800 Commercial
Previous Owner $165,000 New Conventional
Previous Owner $691,135 New Conventional
Previous Owner $1,470,000 Purchase Money Mortgage
Previous Owner $1,810,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $1,715,000 -9.7% $1,143 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $1,900,000 +35.7% $1,267 / Sq Ft
08/18/2021 08/18/21 Sold $1,400,000 0.0% --
06/23/2021 06/23/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $1,400,000 -- --
Source: Metro MLS

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 $24,455 $1,501,500 $109,500 $1,392,000
2023 $25,309 $1,242,500 $94,500 $1,148,000
2022 $24,185 $1,260,000 $94,500 $1,165,500
2021 $24,657 $1,260,000 $94,500 $1,165,500
2020 $16,290 $643,600 $72,900 $570,700
2019 $16,410 $643,600 $72,900 $570,700
2018 $16,070 $643,600 $72,900 $570,700
2017 $15,456 $643,600 $72,900 $570,700
2016 $15,421 $643,600 $72,900 $570,700
2015 $15,773 $643,600 $72,900 $570,700
2014 $15,419 $643,600 $72,900 $570,700
2013 $15,296 $643,600 $72,900 $570,700
Source: Public Records

Agents Affiliated with this Home

  • Brian Lawton

    Seller's Agent in 2025

    Brian Lawton

    EXIT Realty HGM

    (262) 200-1252

    1 in this area

    125 Total Sales

    Section Image
  • Jerilyn Endrizzi

    Buyer's Agent in 2025

    Jerilyn Endrizzi

    Coldwell Banker Real Estate Group

    (608) 628-3751

    1 in this area

    84 Total Sales

    Section Image

  • M

    Seller's Agent in 2021

    Mike Hellekson

    Johnson & Hellekson Real Estate, LLC

    (920) 206-0977

    1 in this area

    5 Total Sales

    Section Image

  • W

    Buyer's Agent in 2021

    William Backes

    Doering & Co Real Estate, LLC

See All Agents

Map

Source: Metro MLS

MLS Number: 1744134

Metro MLS

APN: 290-0813-0523-047

Wisconsin Jefferson County Waterloo 53594

819 Lum Ave, Waterloo, WI

This home is located at 819 Lum Ave, Waterloo, WI 53594 and is currently priced at $1,400,000. This property was built in 1990. 819 Lum Ave is a home located in Jefferson County with nearby schools including Waterloo Elementary School, Waterloo Middle School, and Waterloo Intermediate School.

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