NOT LISTED FOR SALE
6 Beds
5 Baths
4,424 Sq Ft
0.66 Acres

Last Sold September 27, 2017

Last sale price $1,425,000 $322 Per Sq Ft

Highlights

  • 0.66 Acre Lot
  • Balcony
  • Eat-In Kitchen
  • Open Floorplan
  • Subterranean Parking
  • Home Security System

About This Home

As of September 2017

This new deluxe 17 unit multi-family structure has middle tier to upper end appeal designed for rental use. Upgraded w/6 panel doors, higher ceilings/vaults, unique 3rd floor plan (some sun/sitting rooms) deck/balconies, storage are, 12 heated underground and 20 outside parking spots. Laundry, trash chute & elevator on each floor. Handicap accessible unit & secured entrance. call for additional information. Taxes and expenses estimated for 2010. Seller is licensed real estate broker.

Last Agent to Sell the Property

Herman Kraus

RE/MAX Preferred License #30382-90 Listed on: 09/23/2017

RE/MAX Preferred

Last Buyer's Agent

Herman Kraus

RE/MAX Preferred License #30382-90 Listed on: 09/23/2017

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008

Lot Details

  • 0.66 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • Walk-in Shower
  • 3-Story Property
  • Open Floorplan
  • Family Room
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Subterranean Parking
  • Garage Door Opener
  • Outside Parking

Accessible Home Design

  • Level Entry For Accessibility
  • Ramped or Level from Garage

Outdoor Features

  • Balcony

Schools

  • Bird Elementary School
  • Patrick Marsh Middle School
  • Sun Prairie East High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 0911-314-6035-2

Community Details

Overview

  • 17 Units
  • Liberty Square Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $82,116

Property Details

Home Type

Multi-Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Municipality: Sun Prairie
  • Status Detail: Sold
  • Mailing City: Sun Prairie
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 3 story
  • Barrier Free: Open floor plan, Ramped or level entrance, Ramped or lvl from garage, Stall shower, Level lot, Width of hallways 42"+
  • Miscellaneous: Security system, Shared laundry, Water Softener Rented
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 17
  • Number Units W Ac: 17
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel, Brick, Fiber Cement, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

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

Fee Information

  • Total Expenses: 69384

Schools

  • Elementary School: Bird
  • High School: Sun Prairie East
  • Middle School: Patrick Marsh
  • School District: Sun Prairie

Lot Info

  • Estimated Aces: 0.66
  • Zoning: PD
  • Geo Subdivision: WI

Rental Info

  • Total Income: 151500

Tax Info

  • Net Taxes: 38354
  • Tax Year: 2016
  • Assessor Parcel Number: 0911-314-6035-2

Multi Family

  • Number Of1 Bedrooms: 6
  • Number Of2 Bedrooms: 11
  • Number Of Units: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2021
Sold by
Sage Apartments Llc
Bought by
Real Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,625,000
Outstanding Balance
$2,381,780
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 23, 2017
Closed on
Sep 27, 2017
Sold by
Hickory Grove Iv Llc
Bought by
Liberty Bird Apartments Llc
Seller's Agent
Herman Kraus
RE/MAX Preferred
Buyer's Agent
Herman Kraus
RE/MAX Preferred
List Price
$1,425,000
Sold Price
$1,425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$872,456
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2007
Sold by
Birkinbine William H and Birkinbine Lillian F
Bought by
Hickory Grove Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.44%
Mortgage Type
Construction
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 Buyer Sale Price Title Company
Real Properties Llc $3,500,000 Knight Barry Title
Liberty Bird Apartments Llc $1,425,000 --
Hickory Grove Iv Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Real Properties Llc $2,625,000
Previous Owner Liberty Bird Apartments Llc $872,456
Previous Owner Hickory Grove Iv Llc $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2017 09/27/17 Sold $1,425,000 0.0% $322 / Sq Ft
09/23/2017 09/23/17 Pending -- -- --
09/23/2017 09/23/17 For Sale $1,425,000 -- $322 / 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 $40,617 $2,097,400 $255,000 $1,842,400
2023 $37,185 $2,097,400 $255,000 $1,842,400
2021 $36,973 $1,702,000 $244,800 $1,457,200
2020 $37,364 $1,702,000 $244,800 $1,457,200
2019 $38,926 $1,565,400 $250,500 $1,314,900
2018 $35,783 $1,565,400 $250,500 $1,314,900
2017 $34,026 $1,565,400 $250,500 $1,314,900
2016 $38,354 $1,594,700 $231,200 $1,363,500
2015 $37,182 $1,594,700 $231,200 $1,363,500
2014 $37,153 $1,580,500 $231,200 $1,349,300
2013 $40,861 $1,580,500 $231,200 $1,349,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1815317

South Central Wisconsin Multiple Listing Service

APN: 0911-314-6035-2