NOT LISTED FOR SALE

N30W6318 Lincoln Blvd Cedarburg, WI 53012

Estimated Value: $727,973

-- Bed
-- Bath
3,360 Sq Ft
$217/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $585,000 $174 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,257/month

1 Day on Market

Highlights

  • Enclosed Parking
  • Cedarburg High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of January 2022

Rarely do one of these All-Brick, 4-Plex Investment properties hit the market in Cedarburg. Located right up the street from the heart of Cedarburg & 1 block from the Interurban Trail, this property is super close to restaurants, shopping & schools. Walking distance to quaint & charming downtown Cedarburg. This is your grand opportunity to take ownership of an impeccably maintained, upgraded & code-compliant Rental Property. Current owners added a ton of upgrades, both cosmetic & mechanical. All new windows, code-compliant electrical (no more fuses), added individual AC units for all tenants (no window AC's), new furnaces, just to name a few. See Seller Updates in the Documents tab for a complete list of upgrade details. Good/Solid tenants w/ a new tenant occupying unit #1 on 1/1/22

Last Agent to Sell the Property

Dawn Kronforst

Redefined Realty Advisors LLC License #82193-94 Listed on: 12/17/2021

Last Buyer's Agent

Gundrum Group*

Realty Executives Integrity~Cedarburg License #49224-94

Realty Executives Integrity~Cedarburg

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,515

Year Built

  • Built in 1959

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,360 Sq Ft Home
  • Multi-Level Property

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • Westlawn Elementary School
  • Webster Middle School
  • Cedarburg High School

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Seller & Tenant's Personal Property, Washers (4), Dryers (4)

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,515

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Refrigerators (4), Oven/Ranges (4), Blinds in all units, outside shed
  • Directions: Washington Ave to Lincoln BLVD. West on Lincoln BLVD. Property located at the corner of Lincoln BLVD and Hanover Ave
  • New Construction: No
  • Year Built: 1959
  • Cleared Acreage: Less than 1/2
  • Full Street Address: N30W6318 Lincoln Blvd
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.15
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Water Heater
  • Has Basement: Block, Full, Laundry Facilities
  • Second Floor Total Sq Ft: 3360.00

Exterior Features

  • Exclusions: Seller & Tenant's Personal Property, Washers (4), Dryers (4)
  • Exterior Building Type: Apartment Building
  • Exterior: Brick/Stone, Brick

Garage/Parking

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

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Cedarburg
  • Elementary School: Westlawn
  • Middle School: Webster
  • High School: Cedarburg
  • Elementary School: Westlawn
  • High School: Cedarburg
  • Junior High Dist: Cedarburg

Lot Info

  • Zoning: RES
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 5514.94

MLS Schools

  • Middle School: Webster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Jan 27, 2022
Sold by
L. Surguy Dewayne
Bought by
Bublitz and Kelly
Seller's Agent
Dawn Kronforst
Redefined Realty Advisors LLC
Buyer's Agent
Gundrum Group*
Realty Executives Integrity~Cedarburg
List Price
$585,000
Sold Price
$585,000
Current Estimated Value
$727,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,973
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Aug 17, 2018
Sold by
Surguy Dewayne L and Surguy Susan J
Bought by
Surguy Trust

Purchase Details

Closed on
Jul 9, 2013
Sold by
Collins Investment Llc
Bought by
Surguy Dewayne L and Surguy Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2005
Sold by
Cookle Judy A and Cookle Judith Ann
Bought by
Collins 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
$255,000
Interest Rate
5.66%
Mortgage Type
Commercial
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
Bublitz $585,000 Wisconsin Abstract & Title Co.
Surguy Trust -- None Available
Surguy Dewayne L $320,000 None Available
Collins Investments Llc $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Surguy Dewayne L $200,000
Previous Owner Collins Investments Llc $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2022 01/27/22 Sold $585,000 0.0% $174 / Sq Ft
12/18/2021 12/18/21 Pending -- -- --
12/17/2021 12/17/21 For Sale $585,000 -- $174 / 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 $5,348 $352,000 $80,000 $272,000
2023 $4,978 $352,000 $80,000 $272,000
2022 $4,843 $352,000 $80,000 $272,000
2021 $5,250 $288,000 $80,000 $208,000
2020 $5,515 $288,000 $80,000 $208,000
2019 $5,445 $288,000 $80,000 $208,000
2018 $5,342 $288,000 $80,000 $208,000
2017 $5,230 $288,000 $80,000 $208,000
2016 $5,401 $288,000 $80,000 $208,000
2015 $5,207 $288,000 $80,000 $208,000
2014 -- $288,000 $80,000 $208,000
2013 $5,544 $288,000 $80,000 $208,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1774721

Metro MLS

APN: 130580209000