NOT LISTED FOR SALE

N89 W15830 Main St Menomonee Falls, WI 53051

Estimated Value: $923,000

-- Bed
-- Bath
-- Sq Ft
9,583 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $975,000

Est. 5% decrease in value since last sale

Current estimated payment $5,550/month

6 Days on Market

Highlights

  • Enclosed Parking
  • Riverside Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of April 2022

Property consists of two fully-occupied 4-unit apartment buildings with a 10 spot surface lot that is shared between the two buildings. All units are 2 bed/1 bath with central air. Tenants pay for heat and electric. Can be sold individually or as part of a package with MLS: 1786564 (N89W15878 Main St)

Last Agent to Sell the Property

Ashley Haut

Coldwell Banker Realty License #78137-94 Listed on: 04/07/2022

Coldwell Banker Realty

Last Buyer's Agent

Sarah Koch

Shorewest Realtors, Inc. License #66934-94

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,564

Year Built

  • Built in 1960

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • North Middle School
  • Menomonee Falls High School

Utilities

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

Community Details

  • 8 Units

Listing and Financial Details

  • Exclusions: Seller/Tenant personal property

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,564

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 8 Refrigerators, 8 Stoves, and 2 Coin-op washers, 2 Coin-op dyers (1 set of washer/ dryer per building)
  • New Construction: No
  • Year Built: 1960
  • Cleared Acreage: Less than 1/2
  • Full Street Address: N89W15830 Main STREET
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.22
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
  • Has Basement: Full

Exterior Features

  • Exclusions: Seller/Tenant personal property
  • 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: Menomonee Falls
  • Middle School: North
  • High School: Menomonee Falls
  • High School: Menomonee Falls
  • Junior High Dist: Menomonee Falls

Lot Info

  • Zoning: RM2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 4564.0

MLS Schools

  • Middle School: North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Apr 29, 2022
Sold by
15830 Main Llc
Bought by
Njb Ventures Llc
Seller's Agent
Ashley Haut
Coldwell Banker Realty
Buyer's Agent
Sarah Koch
Shorewest Realtors, Inc.
List Price
$975,000
Sold Price
$975,000
Total Days on Market
6
Current Estimated Value
$923,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,000

Purchase Details

Listed on
Apr 7, 2022
Closed on
Apr 22, 2022
Sold by
David L Erlandson Living Trust
Bought by
15830 Main Llc
Seller's Agent
Ashley Haut
Coldwell Banker Realty
Buyer's Agent
Sarah Koch
Shorewest Realtors, Inc.
List Price
$975,000
Sold Price
$975,000

Purchase Details

Closed on
Sep 30, 2008
Sold by
Jbjresidential Lp
Bought by
Dak Properties Ix Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
6.41%
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
Njb Ventures Llc $975,000 None Listed On Document
15830 Main Llc -- None Listed On Document
David L Erlandson Living Trust -- None Listed On Document
Dak Properties Ix Llc $489,600 Compass Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dak Properties Ix Llc $560,000
Previous Owner Dak Properties Ix Llc $7,000,000
Previous Owner Dak Properties Ix Llc $406,000
Previous Owner Jbj Residential Lp $240,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $975,000 0.0% --
04/13/2022 04/13/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $975,000 -- --
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 $4,666 $350,100 $74,000 $276,100
2023 $4,522 $350,100 $74,000 $276,100
2022 $4,616 $243,700 $60,000 $183,700
2021 $4,436 $243,700 $60,000 $183,700
2020 $4,564 $243,700 $60,000 $183,700
2019 $4,413 $243,700 $60,000 $183,700
2018 $4,432 $243,700 $60,000 $183,700
2017 $4,675 $243,700 $60,000 $183,700
2016 $4,610 $243,700 $60,000 $183,700
2015 $4,595 $243,700 $60,000 $183,700
2014 $44,451 $243,700 $60,000 $183,700
2013 $44,451 $243,700 $60,000 $183,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1786563

Metro MLS

APN: MNFV-0012-218