NOT LISTED FOR SALE

961 Reed St Unit 963 Lake Mills, WI 53551

Estimated Value: $302,803 - $372,000

6 Beds
6 Baths
-- Sq Ft
0.3 Acres

Last Sold October 25, 2013

Last sale price $210,000

Est. 58% increase in value since last sale

Current estimated payment $2,131/month

243 Days on Market

Highlights

  • Open Floorplan
  • Fireplace
  • Accessible Full Bathroom
  • Balcony
  • Accessible Bedroom
  • 1-Story Property

About This Home

As of October 2013

Bank Owned!! Affordable Lake Mills ownership / investment opportunity. Good size Ranch both sides with 3 bedrooms, 2.5 baths, finished basement with family room, 2 car attached garage, open main level floor plan, complete master suite. Investors 7 total units available within a block of each other.

Last Agent to Sell the Property

Dan Bowden

Restaino & Associates License #47037-90 Listed on: 01/09/2013

Restaino & Associates

Last Buyer's Agent

Dan Bowden

Restaino & Associates License #47037-90 Listed on: 01/09/2013

Restaino & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 0.3

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Fireplace
  • Family Room

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Windows

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Call School District Elementary School
  • Lake Mills Middle School
  • Lake Mills High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Additional Features

  • Balcony
  • 0.3 Acre Lot

Community Details

  • 2 Units
  • Tyranena Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246-0713-1224-012

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Municipality: Lake Mills
  • Status Detail: Sold
  • Mailing City: Lake Mills
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath
  • Noi Year: 2012
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Partially finished, Sump pump
  • Number Furnaces: 2
  • Number Units W Ac: 2
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Vinyl, Brick, Stone

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • School District: Lake Mills
  • Elementary School: Call School District
  • Middle School: Lake Mills
  • High School: Lake Mills
  • Elementary School: Call School District
  • High School: Lake Mills
  • Middle School: Lake Mills
  • School District: Lake Mills

Lot Info

  • Estimated Lot Sq Ft: 13000
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 60000
  • Improvements: 184200
  • Total Assessment: 244200
  • Assessment year: 2012
  • Net Taxes: 5482
  • Tax Year: 2012
  • Assessor Parcel Number: 246-0713-1224-012

Multi Family

  • Number Of3 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2024
Sold by
Shade Neal A and Shade Colleen K
Bought by
Cummings Sarah
Current Estimated Value
$332,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Outstanding Balance
$253,731
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$55,824

Purchase Details

Listed on
Jan 9, 2013
Closed on
Oct 25, 2013
Sold by
Anchorbank Fsb
Bought by
Shade Neal A and Shade Colleen K
Seller's Agent
Dan Bowden
Restaino & Associates
Buyer's Agent
Dan Bowden
Restaino & Associates
List Price
$259,900
Sold Price
$210,000
Premium/Discount to List
-$49,900
-19.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$189,000
Interest Rate
4.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2012
Sold by
Tyranena Ridge Llc
Bought by
Anchorbank
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
Cummings Sarah $265,000 None Listed On Document
Shade Neal A $210,000 None Available
Anchorbank $149,851 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummings Sarah $257,000
Previous Owner Shade Neal A $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2013 10/25/13 Sold $210,000 -19.2% --
09/09/2013 09/09/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $259,900 -- --
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 $3,874 $179,300 $33,000 $146,300
2023 $3,961 $179,300 $33,000 $146,300
2022 $3,782 $179,300 $33,000 $146,300
2021 $5,871 $282,100 $61,500 $220,600
2020 $5,639 $282,100 $61,500 $220,600
2019 $5,740 $282,100 $61,500 $220,600
2018 $5,548 $244,200 $60,000 $184,200
2017 $5,481 $244,200 $60,000 $184,200
2016 $5,551 $244,200 $60,000 $184,200
2015 $5,383 $244,200 $60,000 $184,200
2014 $5,405 $244,200 $60,000 $184,200
2013 $5,536 $244,200 $60,000 $184,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1673235

South Central Wisconsin Multiple Listing Service

APN: 246-0713-1244-012