NOT LISTED FOR SALE

N1788 County Road R Lebanon, WI 53047

Estimated Value: $267,000 - $370,000

7 Beds
-- Bath
-- Sq Ft
0.46 Acres

Last Sold September 19, 2022

Last sale price $242,700

Est. 45% increase in value since last sale

Current estimated payment $2,095/month

86 Days on Market

Highlights

  • Balcony
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of September 2022

Take advantage of this wonderful investment opportunity! This 3 unit building that sits on almost a half acre lot could be the Perfect Fit for your real estate portfolio? Currently Unit #1 is vacant and would make an excellent Owner-Occupant situation. There is an oversized 2+ car garage on the property. Both the garage and the walkout basement have tons of storage for you the owner or for your tenants. There are at least 10 off-street parking spots making this location an excellent option for tenants. Unit #1 is a two story 1 bedroom loft concept while Units #2 and #3 are both 3 bedroom apartments with 2 full baths. All units have in-unit laundry. Come try this one on for size today!

Last Agent to Sell the Property

Thomas Schultz

Shorewest, REALTORS License #53540-90 Listed on: 05/25/2022

Shorewest, REALTORS

Last Buyer's Agent

Megan Frank

@properties License #92423-94

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,464

Year Built

  • Built in 1900

Lot Details

  • 0.46

Home Design

  • Vinyl Siding

Basement

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

Parking

  • 10 Open Parking Spaces
  • Outside Parking

Schools

  • Call School District Elementary School
  • Riverside Middle School
  • Watertown High School

Utilities

  • Forced Air Heating System
  • Well

Additional Features

  • Oven or Range
  • Washer and Dryer
  • Balcony
  • 0.46 Acre Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 02609160843013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,464

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Municipality: Lebanon
  • Status Detail: Sold
  • Mailing City: Lebanon
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Unit #2 Portable dishwasher, washer, dryer, small refrigerator, microwave, all AC UnitsUnit #3 All AC units
  • Items Included: Unit 1 - washer, stove & refrigerator. Unit 2 - stove & refrigerator. Unit 3 - washer, dryer, stove & refrigerator.
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard, Block foundation

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 10

Utilities

  • Water Waste: Municipal sewer, Well
  • Park Unit: Outside

Schools

  • Elementary School: Call School District
  • High School: Watertown
  • Middle School: Riverside
  • School District: Watertown

Lot Info

  • Estimated Aces: 0.46
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3464
  • Tax Year: 2021
  • Assessor Parcel Number: 02609160843013

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Sep 19, 2022
Sold by
Klein Cassandra L
Bought by
Shovick Meribeth Lynn
Seller's Agent
Thomas Schultz
Shorewest, REALTORS
Buyer's Agent
Megan Frank
@properties
List Price
$289,900
Sold Price
$242,700
Premium/Discount to List
-$47,200
-16.28%
Views
48
Current Estimated Value
$351,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,761
Avg. Annual Appreciation
9.21%
Original Mortgage
$194,150
Outstanding Balance
$185,308
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$133,880

Purchase Details

Listed on
Jan 27, 2020
Closed on
Sep 9, 2020
Sold by
Schoenike Thomas E
Bought by
Klein Cassandra L
Seller's Agent
Amy Hopfinger Strauss
EXP Realty, LLC
Buyer's Agent
Amy Hopfinger Strauss
EXP Realty, LLC
List Price
$189,900
Sold Price
$200,000
Premium/Discount to List
$10,100
5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$190,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Shovick Meribeth Lynn $242,700 --
Klein Cassandra L $200,000 Attorneys Ttl Guaranty Fund
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shovick Meribeth Lynn $194,150
Previous Owner Klein Cassandra L $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2022 09/19/22 Sold $242,700 -2.9% --
07/07/2022 07/07/22 Price Changed $249,900 -3.9% --
06/25/2022 06/25/22 Price Changed $259,911 -10.3% --
05/26/2022 05/26/22 For Sale $289,900 +19.4% --
05/25/2022 05/25/22 Off Market $242,700 -- --
09/09/2020 09/09/20 Sold $200,000 +5.3% -- View Prior Sale
01/27/2020 01/27/20 For Sale $189,900 -- --
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 $2,947 $250,100 $36,200 $213,900
2023 $3,070 $203,400 $25,800 $177,600
2022 $3,302 $203,400 $25,800 $177,600
2021 $3,464 $203,400 $25,800 $177,600
2020 $3,356 $184,100 $24,000 $160,100
2019 $3,240 $184,100 $24,000 $160,100
2018 $3,711 $184,100 $24,000 $160,100
2017 $2,968 $159,400 $25,300 $134,100
2016 $3,559 $159,400 $25,300 $134,100
2015 $2,884 $159,400 $25,300 $134,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Thomas Schultz

    Shorewest, REALTORS

    (920) 988-4800

    74 Total Sales

    Thomas Schultz
    Section Image

  • M

    Buyer's Agent in 2022

    Megan Frank

    @properties

    Section Image
  • Amy Hopfinger Strauss

    Seller's Agent in 2020

    Amy Hopfinger Strauss

    EXP Realty, LLC

    (414) 519-9917

    105 Total Sales

    Amy Hopfinger Strauss
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: MM1794207

South Central Wisconsin Multiple Listing Service

APN: 026-0916-0843-013

Wisconsin Dodge County Lebanon

N1788 County Road R, Lebanon, WI

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