$470,000
SOLD SEP 24, 2013

N4300 Park Rd Cambridge, WI 53523

8 Beds
4 Baths
4,400 Sq Ft
1.25 Acres

Recently Sold

$107 Per Sq Ft

10% Below List Price

81 Days on Market

Highlights

  • 1.25 Acre Lot
  • Balcony
  • Forced Air Heating and Cooling System
  • Cambridge High School Rated 10
  • Eat-In Kitchen
  • Wood Siding

About This Home

As of July 2020

Bank Owned!! This 8 unit is tucked into the woods for privacy and borders popular Ripley Park which fronts the Lake Ripley. Eight 2 bedroom units, 7 currently tenant occupied 1 vacant, rents vary $750-$825, units include a 1 car detached garage. Second floor units have vaulted ceiling with sky light. Property has plenty of curb appeal and privacy which should make any turnover easy. Priced over $200,000 under the assessed value!! Make an offer!!

Last Agent to Sell the Property

Dan Bowden

Restaino & Associates License #47037-90 1172-4 Listed on: 05/20/2013

Restaino & Associates

Last Buyer's Agent

Sarah Tavarez

Keller Williams Realty License #57889-90

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Parking

  • Outside Parking

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Schools

  • Call School District Elementary And Middle School
  • Cambridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Well

Additional Features

  • Eat-In Kitchen
  • Balcony
  • 1.25 Acre Lot

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 022-0613-0731-005

Property Details

Home Type

Multi-Family

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
  • Year Built: 1995
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Number Furnaces: 8
  • Number Units W Ac: 8
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood, Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal sewer, Well
  • Park Unit: Detached, Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Estimated Aces: 1.249
  • Zoning: RES

Tax Info

  • Land Assessment: 75000
  • Improvements: 669200
  • Total Assessment: 744200
  • Assessment year: 2012
  • Net Taxes: 14496
  • Tax Year: 2012
  • 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
81

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 Type Sale Price Title Company
Warranty Deed $810,000 None Available
Warranty Deed $720,000 None Available
Special Warranty Deed $470,000 Dane County Title Co
Sheriffs Deed $4,667 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,105,950 New Conventional
Closed $870,000 New Conventional
Closed $220,323 New Conventional
Closed $220,895 New Conventional
Closed $110,000 New Conventional
Closed $832,000 New Conventional
Previous Owner $376,000 Future Advance Clause Open End Mortgage
Previous Owner $595,000 Unknown
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: 1685419

South Central Wisconsin Multiple Listing Service

APN: 022-0613-0731-005