NOT LISTED FOR SALE

N104W15808 Donges Bay Rd Germantown, WI 53022

Estimated Value: $407,000 - $465,000

4 Beds
4 Baths
3,781 Sq Ft
$118/Sq Ft Est. Value

Highlights

  • 0.99 Acre Lot
  • Enclosed Parking
  • Hot Water Heating System
  • County Line Elementary School Rated A-

About This Home

This is the investment opportunity you have been waiting for. Three huge rental units each with approximately 1200-1300 square feet. Both main floor units feature 2 bedrooms and 1 bath. Some features include vaulted ceilings and skylight. Upper unit is 2 bedrooms and 2 baths. Area rents for these units are $1200. Additional outbuilding used as an office with electric and heat has potential for many different uses. Aside from massive cash flow there is potential to subdivide this one acre lot upon municipality approval and have either 1/2 acre lot or potentially 2 1/4 acre lots which would have city water and sewer located close by. So many different opportunities to maximize the returns on this investment property.

Last Agent to Sell the Property

Nikolic Group*

Keller Williams-MNS Wauwatosa License #55888-90 Listed on: 08/17/2023

Last Buyer's Agent

Trish Collins

Firefly Real Estate, LLC License #54032-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,298

Year Built

  • Built in 1880

Lot Details

  • 0.99 Acre Lot

Interior Spaces

  • 3,781 Sq Ft Home
  • Multi-Level Property

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • Kennedy Middle School
  • Germantown High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Water softener-rented
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,298

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 1 range, 2 refrigerators
  • New Construction: No
  • Year Built: 1880
  • Cleared Acreage: 1/2 to 1
  • Architecture: Other
  • Full Street Address: N104W15808 Donges Bay ROAD
  • Type 5 Heat Fuel: Oil
  • Lot Acreage: 0.99
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer
  • Has Basement: Full, Walk Out/Outer Door
  • Second Floor Total Sq Ft: 3781.00

Exterior Features

  • Exclusions: Water softener-rented
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Garage/Parking: Extra Space Available, Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • High School: Germantown
  • Junior High Dist: Germantown

Lot Info

  • Zoning: RS-6
  • Acreage Range: 0.5 to .99

Tax Info

  • Tax Year: 2022
  • Total Taxes: 3298.0

MLS Schools

  • Middle School: Kennedy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2025
Sold by
J-Lee Properties Llp
Bought by
Gutche Travis L and Meidenbauer Claire A
Current Estimated Value
$445,018

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 21, 2023
Sold by
Keller Cheryl I
Bought by
J-Lee Properties Llp and Gutche
Seller's Agent
Nikolic Group*
Keller Williams-MNS Wauwatosa
Buyer's Agent
Trish Collins
Firefly Real Estate, LLC
List Price
$285,000
Sold Price
$330,000
Premium/Discount to List
$45,000
15.79%
Views
172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.77%

Purchase Details

Closed on
Jun 17, 2022
Sold by
Keller Irene and Keller Y
Bought by
Keller Cheryl I and Keller Y

Purchase Details

Closed on
Oct 26, 2017
Sold by
Weber Sandra
Bought by
Keller Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
3.83%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gutche Travis L $341,000 --
J-Lee Properties Llp $330,000 Focus Title Llc
Keller Cheryl I -- --
Keller Irene $87,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keller Irene $87,500
Closed J-Lee Properties Llp --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2023 10/08/23 Off Market $285,000 -- --
08/24/2023 08/24/23 For Sale $285,000 -- $75 / Sq Ft
Source: Metro MLS

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 $4,039 $341,000 $119,500 $221,500
2023 $3,253 $224,000 $79,700 $144,300
2022 $3,298 $224,000 $79,700 $144,300
2021 $3,137 $224,000 $79,700 $144,300
2020 $3,367 $224,000 $79,700 $144,300
2019 $3,196 $224,000 $79,700 $144,300
2018 $4,243 $265,800 $68,300 $197,500
2017 $4,081 $265,800 $68,300 $197,500
2016 $4,046 $265,800 $68,300 $197,500
2015 $3,962 $251,600 $68,300 $183,300
2014 $4,137 $248,100 $68,300 $179,800
2013 $4,713 $286,500 $92,500 $194,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1847120

Metro MLS

APN: GTNV-274998