NOT LISTED FOR SALE

Estimated Value: $227,926

14 Beds
7 Baths
3,800 Sq Ft
$60/Sq Ft Est. Value

Sale Details

Date Sold: April 12, 2022

Last sale price $2,925,000 $770 Per Sq Ft

Current estimated payment $1,460 / mo

21 Days on Market

Highlights

  • 2.02 Acre Lot
  • Family Room
  • Washer and Dryer
  • Central Air

About This Home

As of April 2022

Great opportunity for property investment in great locations! All 3 properties are being sold together for a total of 29 units - 830 Union St. (9 units), 880 Union St. (10 units) and 90 E. Gridley Ave. (10 units). All buildings are mostly identical: there are 27 units that have 4 bedrooms/2 baths and 2 units with 2 bedrooms/1 bath. Tenants pay all utilities; landlord is only responsible for Wi-Fi and common area utilities. Current owner has owned the properties for over 20 years and done numerous updates in all buildings over the years.

Last Agent to Sell the Property

Wills Manning

The Hub Realty License #90146-94 Listed on: 01/06/2022

Co-Listed By

Alan Mikkelson

EXP Realty, LLC License #55642-90

Last Buyer's Agent

The Hub Team

The Hub Realty

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $61,783

Year Built

  • Built in 1997

Lot Details

  • 2.02

Home Design

  • Vinyl Siding

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 60 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Central Air
  • Radiant Heating System

Additional Features

  • Family Room
  • 2.02 Acre Lot

Community Details

  • 29 Units
  • Net Operating Income $191,812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$61,783

Year Built

Built in 1997

Lot Details

2.02 Acres

Listing Details

  • Municipality: Platteville
  • Status Detail: Sold
  • Mailing City: Platteville
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: 830 Union St: UNIT#1 - ALL furniture/accessories; BUILDING - ALL owner provided flat screen TV's. 90 E. Gridley: UNIT#3 - ALL furniture/accessories
  • Items Included: BUILDING #830 Union: 9 each - Range, Refrigerator, Dishwasher; 3 Building Washer/Dryer Sets. BUILDING #880 Union: 10 each - Range, Refrigerator, Dishwasher, In-Unit Washers/Dryers. BUILDING #90 E. Gridley: 10 each - Range, Refrigerator, Dishwasher, In-Unit Washers/Dryers.
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 29
  • Number Dryers: 23
  • Number Units W Ac: 29
  • Number Washers: 26
  • Number Water Softeners: 3

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Outside: 60

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, Outside

Fee Information

  • Total Expenses: 144600

Schools

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

Lot Info

  • Estimated Aces: 2.02
  • Zoning: commercial
  • Geo Subdivision: WI

Rental Info

  • Total Income: 336413

Tax Info

  • Net Taxes: 61783
  • Tax Year: 2020
  • Assessor Parcel Number: Multiple

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of3 Bedrooms: 27
  • Number Of Efficiencies: 29
  • Number Of Units: 29

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

Closed on
Nov 15, 2017
Sold by
Bought by
Current Estimated Value
$227,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,472
Outstanding Balance
$96,294
Interest Rate
3.85%
Mortgage Type
VA
Estimated Equity
$131,632

Purchase Details

Closed on
Apr 13, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- 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
Open $11,329
Open $117,472
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
04/12/2022 04/12/22 Sold $2,925,000 0.0% $770 / Sq Ft
03/01/2022 03/01/22 Off Market $2,925,000 -- --
01/21/2022 01/21/22 For Sale $2,925,000 -- $770 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $2,513 $212,982 $51,632 $161,350
2024 $2,513 $208,807 $50,620 $158,187
2023 $2,449 $204,714 $49,628 $155,086
2022 $2,378 $200,701 $48,655 $152,046
2021 $2,345 $196,766 $47,701 $149,065
2020 $2,381 $194,749 $47,212 $147,537
2019 $2,437 $190,930 $46,286 $144,644
2018 $2,213 $172,000 $43,000 $129,000
2017 $2,206 $169,000 $42,000 $127,000
2016 $1,992 $155,000 $39,000 $116,000
2015 $1,725 $139,000 $35,000 $104,000
2014 $1,725 $132,000 $33,000 $99,000
Source: Public Records

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1926465

South Central Wisconsin Multiple Listing Service

APN: 271-01717-0000

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