NOT LISTED FOR SALE

n 8981 Swift Lake Dr East Troy, WI 53120

Estimated Value: $171,000 - $579,216

4 Beds
1 Bath
1,327 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $125,000 $94 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $2,847/month

7 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Deck
  • Forced Air Cooling System
  • Prairie View Elementary School Rated A-
  • Bathtub
  • Bungalow

About This Home

As of May 2022

The lakefront cottage of your dreams awaits! This 3-4 bedroom bungalow has been gutted down to the studs & is ready for your rehab and design touches. Swift Lake is a quiet very private 20 acre fishing lake that has a maximum depth of 8'. The majority of the fish are Panfish and Largemouth Bass. Property is being sold as-is and will not qualify for residential conventional or government loans. Seller has never lived in the property. New roof recently installed. Call Matt Heitmann for a personal showing at 608-347-4196

Last Agent to Sell the Property

Matthew Heitmann

Rock Realty License #59278-90 Listed on: 05/06/2022

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,924

Year Built

  • Built in 1920

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 50x306
  • 50 Feet of Waterfront
  • Lake Front
  • Rural Setting

Parking

  • Unpaved Parking

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 1,327 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom
  • Bathtub

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Outdoor Storage

Schools

  • Prairie View Elementary School
  • East Troy Middle School
  • East Troy High School

Utilities

  • Forced Air Cooling System
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,924

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Municipality: Troy
  • Status Detail: Sold
  • Mailing City: East Troy
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 1/2 story
  • Architecture: Bungalow
  • Items Excluded: Building materials on site.
  • Year Built: 1920
  • Above Grade Price Per Sq Ft: 112.96
  • Above Grade Sold Price Per Sq Ft: 94.2
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1327
  • Finished Sq Ft: 1327
  • Bedrooms: 4
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 16x12, On Level: M
  • Bedroom 2: Dimensions: 14x12, On Level: U
  • Bedroom 3: Dimensions: 14x12, On Level: U
  • Bedroom 4: Dimensions: 13x8, On Level: M
  • Kitchen: Dimensions: 14x10, On Level: M
  • Living Room: Dimensions: 16x14, On Level: M
  • Laundry: Dimensions: 5x4, On Level: M
  • Basement: Crawl space, Outside entry only
  • Interior Amenities: At Least 1 tub, Split bedrooms
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Waterfront: Has actual water frontage, Lake
  • Waterfront: Yes
  • Lake/River: Swift
  • Waterfrontage: 50
  • Exterior: Wood
  • Exterior Features: Deck, Storage building

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Well, Non-Municipal/Prvt dispos

Schools

  • School District: East Troy
  • Elementary School: Prairie View
  • Middle School: East Troy
  • High School: East Troy
  • Elementary School: Prairie View
  • High School: East Troy
  • Middle School: East Troy
  • School District: East Troy

Lot Info

  • Assessor Parcel Number: LSL 00021
  • Estimated Aces: 0.35
  • Lot Description: Rural-in subdivision
  • Lot Dimensions: 50x306
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 95000
  • Improvements: 77300
  • Total Assessment: 172300
  • Assessment year: 2021
  • Net Taxes: 2924
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2023
Sold by
Gillies Ann C
Bought by
Lyman John R and Oxford-Lyman Mona
Current Estimated Value
$414,804

Purchase Details

Listed on
May 6, 2022
Closed on
May 31, 2022
Sold by
Veasna Samreth
Bought by
Hansen Holly R
Seller's Agent
Matthew Heitmann
Rock Realty
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$149,900
Sold Price
$125,000
Premium/Discount to List
-$24,900
-16.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.60%

Purchase Details

Closed on
Dec 29, 2020
Sold by
Rock Rei Llc
Bought by
Samreth Veasna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2020
Sold by
Edwards Charlene A
Bought by
Rock Rei Llc
Source: Public Records

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Range of Values:

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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
Lyman John R $540,000 Alliance Title
Hansen Holly R $125,000 Pavlic Robert
Samreth Veasna $60,000 None Available
Rock Rei Llc $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Samreth Veasna $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $125,000 -16.6% $94 / Sq Ft
05/06/2022 05/06/22 For Sale $149,900 -- $113 / 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 $6,429 $356,600 $95,000 $261,600
2023 $1,817 $101,300 $95,000 $6,300
2022 $1,788 $101,300 $95,000 $6,300
2021 $2,924 $172,300 $95,000 $77,300
2020 $2,869 $172,300 $95,000 $77,300
2019 $2,767 $172,300 $95,000 $77,300
2018 $2,634 $172,300 $95,000 $77,300
2017 $2,800 $166,800 $90,000 $76,800
2016 $2,797 $166,800 $90,000 $76,800
2015 $2,829 $166,800 $90,000 $76,800
2014 $2,833 $166,800 $90,000 $76,800
2013 $2,833 $166,800 $90,000 $76,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1933702

South Central Wisconsin Multiple Listing Service

APN: LSL00021