NOT LISTED FOR SALE

85 W Main St Platteville, WI 53818

Estimated Value: $463,727

4 Beds
2 Baths
1,152 Sq Ft
$403/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $377,000 $327 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,114/month

14 Days on Market

Highlights

  • Eat-In Kitchen
  • Level Entry For Accessibility
  • Family Room
  • Wilkins Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 1-minute walk to City Park

About This Home

As of April 2022

Downtown Platteville mixed use building with 8 total units. Main level consists of 3 commercial spaces; 2884 square feet, 456 SF and 300 SF. Second level has 5 apartments; one 1 bedroom, three 2 bedrooms, one 3 bedroom plus a coin-op laundry room. Monthly gross $4,200 and annual $50,400 at full occupancy. South end of building (2 apartments and 2 smaller commercial spaces) heated by modern boiler. All other units have forced air natual gas furnaces, a couple with central air. Third level had been a lodge meeting room and would need significant work to put back into use. Full basement for endless storage. Great location walking distance to UW Platteville and all downtown amenities. Call or text Jonathan Miles 608.988.7400 for additional information and to schedule your showing.

Last Agent to Sell the Property

Jonathan Miles

Jon Miles Real Estate License #52646-90 Listed on: 02/01/2022

Jon Miles Real Estate

Last Buyer's Agent

Becky Schwendinger

Jon Miles Real Estate License #82278-94

Jon Miles Real Estate

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,617 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • On-Street Parking
  • Outside Parking

Accessible Home Design

  • Level Entry For Accessibility
  • Low Pile Carpeting

Schools

  • Call School District Elementary School
  • Platteville Middle School
  • Platteville High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • High Speed Internet

Community Details

  • 8 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 271-00203-0000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Municipality: Platteville
  • Status Detail: Sold
  • Mailing City: Platteville
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 3 story
  • Barrier Free: Ramped or level entrance, Level lot, Low pile or no carpeting
  • Miscellaneous: Shared laundry, Internet - DSL
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Furnaces: 4
  • Number Refrigerators: 5
  • Number Stoves: 5
  • Number Units W Ac: 5
  • Number Washers: 1
  • Number Water Heaters: 6

Exterior Features

  • Exterior: Aluminum/Steel, Brick, Stone

Garage/Parking

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

Utilities

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

Schools

  • School District: Platteville
  • Elementary School: Call School District
  • Middle School: Platteville
  • High School: Platteville
  • Elementary School: Call School District
  • High School: Platteville
  • Middle School: Platteville
  • School District: Platteville

Lot Info

  • Estimated Aces: 0.106
  • Zoning: Commercial
  • Geo Subdivision: WI

Rental Info

  • Total Income: 50400

Tax Info

  • Land Assessment: 46600
  • Improvements: 500400
  • Total Assessment: 547000
  • Assessment year: 2021
  • Net Taxes: 11342
  • Tax Year: 2021
  • Assessor Parcel Number: 271-00203-0000

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 3
  • Number Of3 Bedrooms: 1
  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2018
Sold by
Cauffman Betty Lou
Bought by
Cauffman Betty Lou and Cauffman Living Trust Dated Ja
Current Estimated Value
$463,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$315,012
Interest Rate
4.22%
Mortgage Type
Commercial
Estimated Equity
$163,999

Purchase Details

Closed on
Oct 8, 2013
Sold by
Lily Of The Mound Lodge No 6 Of The Ind
Bought by
Cauffman Betty Lou
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
Cauffman Betty Lou -- None Available
Cauffman Betty Lou $80,000 --
Cauffman Betty Lou $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cauffman Todd T $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $377,000 -5.6% $327 / Sq Ft
02/01/2022 02/01/22 For Sale $399,500 -- $347 / 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 $6,630 $402,900 $46,600 $356,300
2023 $12,084 $607,000 $46,600 $560,400
2022 $11,324 $607,000 $46,600 $560,400
2021 $11,343 $547,000 $46,600 $500,400
2020 $11,501 $547,000 $46,600 $500,400
2019 $11,701 $547,000 $4,660 $50,040
2018 $11,623 $547,000 $46,600 $500,400
2017 $7,272 $320,900 $42,900 $278,000
2016 $7,298 $320,900 $42,900 $278,000
2015 $7,356 $320,900 $42,900 $278,000
2014 $7,311 $320,900 $42,900 $278,000
2013 $7,325 $320,900 $42,900 $278,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1927065

South Central Wisconsin Multiple Listing Service

APN: 271-00203-0000