NOT LISTED FOR SALE

957 Velp Ave Green Bay, WI 54303

Estimated Value: $370,000 - $394,435

6 Beds
4 Baths
2,640 Sq Ft
$144/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $235,000 $89 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,382/month

About This Home

As of June 2020

Income opportunity! Great 2-story, 4-unit building with two 1-bedroom units & two 2-bedroom units. Upper units w/ balcony, lower units w/ patio. Low-maintenance exterior. Full basement with separate storage lockers for each unit. 2 outdoor parking spaces for each unit. Unit #2 also boasts a beautifully tiled bathroom.

Last Agent to Sell the Property

Mike Wasilkoff

Dallaire Realty License #94-75654 Listed on: 05/12/2020

Last Buyer's Agent

Debra Blohowiak

Resource One Realty, LLC License #94-25756

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,475

Year Built

  • 1996

Lot Details

  • 8,792 Sq Ft Lot
  • Lot Dimensions are 66x133

Parking

  • 9 Parking Spaces

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,475

Year Built

1996

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Type: Multifamily (3+ Unit)
  • Stylebuilding Type: 2 Story, Apartment Building
  • Tax Municipality: Green Bay, City of
  • Remarks Inclusions Public: Stove/Oven (x4), Refrigerator (x4), Washer (x1), Dryer (x1)
  • Total Units: 4
  • Unit Identifier: City of Green Bay
  • Remarks Public: Income opportunity! Great 2-story, 4-unit building with two 1-bedroom units & two 2-bedroom units. Upper units w/ balcony, lower units w/ patio. Low-maintenance exterior. Full basement with separate storage lockers for each unit. 2 outdoor parking spaces for each unit. Unit #2 also boasts a beautifully tiled bathroom.
  • Tax Municipal Sub Area: Northwest Green Bay
  • Water Features Other: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1996

Interior Features

  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Fin Above Grade Est: 2640
  • Sq Ft Total Fin Above And Below: 2640
  • Price Per Sq Ft: 89.02

Exterior Features

  • Exterior Finish Of Building: Vinyl
  • Foundation For Building: Poured Concrete

Garage/Parking

  • Number of Car Spaces: 12x17
  • Number Of Total Parking Outside: 9
  • Building Parking: Outside

Utilities

  • Utilities: Indv Control/Unit, Sep Elec Meters/Unit, Sep Gas Meter/Unit
  • Heating Cooling: Central A/C, Forced Air
  • Heating Fuel Type: Natural Gas
  • Number Of Ac Units: 4
  • Number Of Furnaces: 4
  • Number of Ranges: 4
  • Number Of Water Heaters: 4
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water
  • Monthly Water Expense: 1996

Schools

  • School District: Green Bay Area

Lot Info

  • Estimated Acres: 0.2
  • Lot Description: Near Bus Line, Sidewalk
  • Estimated Lot Dimensions: 66x133
  • Estimated Lot Sq Ft: 8792
  • Source Lot Sq Ft: Assessor/Public Record
  • Zoning: Multi-Family(4Units), Residential
  • Geo Address Line: 957 Velp Ave
  • Geo Primary City: Green Bay
  • Geo Quality: 0.95
  • Geo Subdivision: WI
  • Geo Zoom Level: 16

Tax Info

  • Assessor Parcel Number: 18-825
  • Tax Net Amt: 3474.9
  • Tax Year: 2019

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Washers: 1
  • Total Numberof Buildings: 1
  • Bedrooms: 2

MLS Schools

  • School District: Green Bay Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 23, 2020
Sold by
Bull Falls Re Llc
Bought by
Rentals Unlimited Llc
Seller's Agent
Mike Wasilkoff
Dallaire Realty
Buyer's Agent
Debra Blohowiak
Resource One Realty, LLC
List Price
$219,900
Sold Price
$235,000
Premium/Discount to List
$15,100
6.87%
Current Estimated Value
$381,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,478
Avg. Annual Appreciation
9.55%
Original Mortgage
$188,000
Outstanding Balance
$166,334
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$215,144

Purchase Details

Closed on
Mar 14, 2019
Sold by
Ivaska Anne M
Bought by
Bull Falls Re Llc

Purchase Details

Closed on
Dec 31, 2018
Sold by
Bc Real Estate Investments Llc
Bought by
Ivaska Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2017
Sold by
Carpenter Brad and Carpenter Brad F
Bought by
Bc Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 16, 2012
Closed on
May 29, 2012
Sold by
Voelz Zachary R and Lindgren-Voelz Kristen A
Bought by
Carpenter Brad
Seller's Agent
Listing Maintenance
NextHome New Properties
Buyer's Agent
Bobbie Hendricks-Pelnar
Resource One Realty, LLC
List Price
$133,000
Sold Price
$133,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$99,750
Interest Rate
2.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2004
Sold by
Lipsky Patrick J and Lipsky Linda M
Bought by
Voelz Zachary R and Lindgren Kristen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2001
Sold by
Lipsky Patrick J and Lipsky Linda M
Bought by
Lipsky Patrick J and Lipsky Linda M

Purchase Details

Closed on
May 31, 2001
Sold by
Lloyd Todd R and Lloyd Andrea R
Bought by
Lipsky Patrick J and Lipsky Linda M
Source: Public Records

Range of Values:

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Average Value
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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
Rentals Unlimited Llc $235,000 First American Title
Bull Falls Re Llc -- None Available
Ivaska Anne M $163,000 Liberty Title
Bc Real Estate Investments Llc -- Bay Title
Carpenter Brad $133,000 Knight-Barry Title
Voelz Zachary R $180,000 Land Office Title Corp
Lipsky Patrick J -- --
Lipsky Patrick J $175,000 Land Office Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rentals Unlimited Llc $188,000
Previous Owner Ivaska Anne M $122,250
Previous Owner Bc Real Estate Investments Llc $123,750
Previous Owner Carpenter Brad $99,750
Previous Owner Voelz Zachary R $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2020 06/24/20 Sold $235,000 0.0% $89 / Sq Ft
06/02/2020 06/02/20 Price Changed $235,000 +6.9% $89 / Sq Ft
05/12/2020 05/12/20 For Sale $219,900 +65.3% $83 / Sq Ft
05/30/2012 05/30/12 Sold $133,000 0.0% $50 / Sq Ft View Prior Sale
05/29/2012 05/29/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $133,000 -- $50 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

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 $4,303 $219,500 $24,200 $195,300
2023 $4,170 $219,500 $24,200 $195,300
2022 $4,033 $219,500 $24,200 $195,300
2021 $3,144 $129,500 $24,800 $104,700
2020 $3,119 $129,500 $24,800 $104,700
2019 $3,475 $129,500 $24,800 $104,700
2018 $2,958 $129,500 $24,800 $104,700
2017 $2,932 $129,500 $24,800 $104,700
2016 $2,845 $129,500 $24,800 $104,700
2015 $2,820 $129,500 $24,800 $104,700
2014 $4,484 $129,500 $24,800 $104,700
2013 $4,484 $129,500 $24,800 $104,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50221761

REALTORS® Association of Northeast Wisconsin

APN: 18-825