NOT LISTED FOR SALE

N4300 Park Rd Cambridge, WI 53523

2 Beds
1 Bath
1,000 Sq Ft
1.25 Acres

Last Sold July 31, 2020

Last sale price $810,000 $810 Per Sq Ft

98 Days on Market

Highlights

  • 1.25 Acre Lot
  • Balcony
  • Accessible Bedroom
  • Cambridge High School Rated 10
  • Eat-In Kitchen
  • Accessible Full Bathroom

About This Home

As of July 2020

Showings begin 3/26/2020. Locally owned and managed 8-unit building all 2 bedroom, one bath units. Upper units boast vaulted ceilings and larger sq footage. Newer roof, and water pressure tank replaced in 2015. Unit one fully updated at last vacancy. Well water, municipal sewer. Long term renters in half the units. Extra garage space for maintenance. Lot size allows for the potential of 4 extra units according to current zoning rules. (Verify with county for specific rules and requirements) Steps away from basketball courts, tennis courts, and Lake Ripley!

Last Agent to Sell the Property

Adriane Stuebs

Shine Realty License #58705-90 Listed on: 03/25/2020

Shine Realty

Last Buyer's Agent

Jo Ferraro

EXP Realty, LLC License #52802-90

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,101

Year Built

  • Built in 1995

Lot Details

  • 1.25 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Garage
  • 24 Open Parking Spaces
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Cambridge Elementary School
  • Nikolay Middle School
  • Cambridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Well
  • Water Softener is Owned

Additional Features

  • 2-Story Property
  • Balcony

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 022-0613-0731-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,101

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Municipality: Oakland
  • Status Detail: Sold
  • Mailing City: Cambridge
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot
  • Items Excluded: Tenants personal property
  • Miscellaneous: Water Softener Owned
  • Noi Year: 2019
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 8
  • Number Dryers: 8
  • Number Furnaces: 8
  • Number Refrigerators: 8
  • Number Stoves: 8
  • Number Units W Ac: 8
  • Number Washers: 8
  • Number Water Heaters: 8
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Wood, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 9
  • Parking Stalls Outside: 24

Utilities

  • Water Waste: Municipal sewer, Well
  • Park Unit: Detached, 2 spaces, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • School District: Cambridge
  • Elementary School: Cambridge
  • Middle School: Nikolay
  • High School: Cambridge
  • Elementary School: Cambridge
  • High School: Cambridge
  • Middle School: Nikolay
  • School District: Cambridge

Lot Info

  • Estimated Aces: 1.249
  • Zoning: res
  • Geo Subdivision: WI

Rental Info

  • Total Income: 80000

Tax Info

  • Land Assessment: 75000
  • Improvements: 397200
  • Total Assessment: 472200
  • Assessment year: 2019
  • Net Taxes: 10101
  • Tax Year: 2019
  • Assessor Parcel Number: 022-0613-0731-005

Multi Family

  • Number Of2 Bedrooms: 8
  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2020
Closed on
Jul 24, 2020
Sold by
Silverstone Apartments Llc
Bought by
Patten Real Estate Llc
Seller's Agent
Adriane Stuebs
Shine Realty
Buyer's Agent
Jo Ferraro
EXP Realty, LLC
List Price
$799,000
Sold Price
$810,000
Premium/Discount to List
$11,000
1.38%
Total Days on Market
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2019
Closed on
Jun 19, 2019
Sold by
N4300 Llc
Bought by
Silverstone Apartments Llc
Seller's Agent
Dan Roseliep
ALTUS Commercial Real Estate, Inc.
Buyer's Agent
Adriane Stuebs
Shine Realty
List Price
$739,000
Sold Price
$720,000
Premium/Discount to List
-$19,000
-2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%

Purchase Details

Listed on
May 20, 2013
Closed on
Sep 20, 2013
Sold by
Anchorbank Fsb
Bought by
N4300 Llc
Seller's Agent
Dan Bowden
Restaino & Associates
Buyer's Agent
Sarah Tavarez
Keller Williams Realty
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$376,000
Interest Rate
4.39%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 28, 2013
Sold by
Collins Bradley M
Bought by
Anchorbank Fsb
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
Patten Real Estate Llc $810,000 None Available
Silverstone Apartments Llc $720,000 None Available
N4300 Llc $470,000 Dane County Title Co
Anchorbank Fsb $4,667 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patten Real Estate Llc $1,105,950
Closed Patten Real Estate Llc $870,000
Closed Patten Real Estate Llc $220,323
Closed Patten Real Estate Llc $220,895
Closed Pattern Real Estate Llc $110,000
Closed Patten Real Estate Llc $832,000
Previous Owner N4300 Llc $376,000
Previous Owner Collins Bradley M $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $810,000 +1.3% $810 / Sq Ft
03/25/2020 03/25/20 Price Changed $799,900 +0.1% $800 / Sq Ft
03/25/2020 03/25/20 For Sale $799,000 +11.0% $799 / Sq Ft
06/25/2019 06/25/19 Sold $720,000 -2.6% $164 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $739,000 +57.2% $168 / Sq Ft
09/24/2013 09/24/13 Sold $470,000 -10.5% $107 / Sq Ft
08/09/2013 08/09/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $525,000 -- $119 / 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 $13,941 $945,600 $140,000 $805,600
2023 $13,970 $945,600 $140,000 $805,600
2022 $11,730 $472,200 $75,000 $397,200
2021 $10,337 $472,200 $75,000 $397,200
2020 $10,359 $472,200 $75,000 $397,200
2019 $10,183 $472,200 $75,000 $397,200
2018 $10,101 $472,200 $75,000 $397,200
2017 $8,795 $472,200 $75,000 $397,200
2016 $9,568 $472,200 $75,000 $397,200
2015 $10,518 $472,200 $75,000 $397,200
2014 $10,212 $472,200 $75,000 $397,200
2013 $15,841 $744,200 $75,000 $669,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1880075

South Central Wisconsin Multiple Listing Service

APN: 022-0613-0731-005