NOT LISTED FOR SALE

S8170 Kassner Rd Unit 25 Merrimac, WI 53561

Estimated Value: $256,000 - $278,000

2 Beds
2 Baths
1,428 Sq Ft
$184/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $80,000 $56 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $1,796/month

Highlights

  • Lake Front
  • Water Access
  • Recreation Room
  • Community Boat Slip
  • Deck
  • Wood Flooring

About This Home

As of December 2013

NO REASONABLE OFFER REFUSED! Great Opportunity to have a vacation property on Lake Wisconsin at an Affordable Price. This Main floor 2 BR, 1 3/4 BA unit Features Open Floor Plan, Fireplace, Bedrms and Bathr-ms Split for Privacy! NEW siding and NEW roof. 3 Seasons of Outside Enjoyment! Pier Slip included. This unit comes completely furnished! Bring your Towels, Bedding and Personal Effects - Good to Go! Enjoy the Swimming Pool and Tennis Courts. Great Restaurant located within walking distance.

Last Agent to Sell the Property

Daleen Heffron

Bunbury & Assoc, REALTORS License #37087-90 Listed on: 09/06/2013

Last Buyer's Agent

Daleen Heffron

Bunbury & Assoc, REALTORS License #37087-90 Listed on: 09/06/2013

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,919

Year Built

  • Built in 1996

Lot Details

  • Lake Front

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Wood Siding

Interior Spaces

  • Wood Burning Fireplace
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Basement Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Outdoor Features

  • Water Access
  • Deck

Schools

  • Grand Avenue Elementary School
  • Sauk Prairie Middle School
  • Sauk Prairie High School

Utilities

  • Shared Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 026-1103-25000

Community Details

Overview

  • Association fees include water/sewer, snow removal, common area maintenance
  • 12 Units
  • Located in the Summer Oaks Condo master-planned community
  • Property Manager

Recreation

  • Community Boat Slip
  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,919

Year Built

Built in 1996

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Municipality: Merrimac
  • Status Detail: Sold
  • Mailing City: Merrimac
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Townhouse-2 Story
  • Items Included: Window/Wall AC,All window coverings
  • Fee Includes: Water/Sewer, Snow removal, Common area maintenance
  • Project Name: Summer Oaks Condo
  • Year Built: 1996
  • Above Grade Price Per Sq Ft: 149.86
  • Above Grade Sold Price Per Sq Ft: 112.04
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Finished Non Exp Sq Ft: 714
  • Finished Sq Ft: 1428
  • Finished Above Grade Sq Ft: 714
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 15x11, On Level: M
  • Bedroom 2: Dimensions: 11x11, On Level: L
  • Kitchen: Dimensions: 8x17, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 12x17, On Level: M
  • Other Rooms: Rec Room
  • Other Room 3: Rec Room, Dimensions: 12x18, On Level: L
  • Basement: Full Size Windows/Exposed, Finished
  • Fireplace: Wood
  • Interior Amenities: Wood or sim. wood floors, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Waterfront: Deeded access-No frontage, Lake
  • Lake/River: Wisconsin
  • Exterior: Wood
  • Exterior Features: Deck/Balcony

Utilities

  • Fuel: Electric
  • Water Waste: Joint well, Non-Municipal/Prvt dispos
  • Parking Unit: 2+ spaces assigned

Condo/Co-op/Association

  • Common Amenities: Tennis court, Boatslip/Pier
  • Condo Fee Month: 235
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 77
  • Units in Association: 65
  • Units In Building: 12

Schools

  • School District: Sauk Prairie
  • Elementary School: Grand Avenue
  • Middle School: Sauk Prairie
  • High School: Sauk Prairie
  • Elementary School: Grand Avenue
  • High School: Sauk Prairie
  • Middle School: Sauk Prairie
  • School District: Sauk Prairie

Lot Info

  • Zoning: Condo
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 30000
  • Improvements: 107700
  • Total Assessment: 137700
  • Assessment year: 2012
  • Net Taxes: 1919
  • Tax Year: 2012
  • Assessor Parcel Number: 026-1103-25000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2013
Closed on
Dec 31, 2013
Sold by
Trachtenberg Ronald M and Summer Oaks Unit 325 Timeshare
Bought by
Schaible Brian
Seller's Agent
Daleen Heffron
Bunbury & Assoc, REALTORS
Buyer's Agent
Daleen Heffron
Bunbury & Assoc, REALTORS
List Price
$107,000
Sold Price
$80,000
Premium/Discount to List
-$27,000
-25.23%
Current Estimated Value
$263,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,198
Avg. Annual Appreciation
10.60%
Original Mortgage
$50,000
Outstanding Balance
$37,543
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$225,655

Purchase Details

Closed on
Dec 13, 2007
Sold by
Theder Theder Lynn M Lynn M and Theder Smith Tina
Bought by
Schober Lorelei and Jones Michelle
Source: Public Records

Range of Values:

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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
Schaible Brian $80,000 None Available
Schober Lorelei $1,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaible Brian $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2013 12/31/13 Sold $80,000 -25.2% $56 / Sq Ft
12/12/2013 12/12/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $107,000 -- $75 / 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 $2,166 $206,800 $45,000 $161,800
2023 $2,231 $206,800 $45,000 $161,800
2022 $2,026 $131,800 $33,000 $98,800
2021 $1,919 $131,800 $33,000 $98,800
2020 $1,744 $131,800 $33,000 $98,800
2019 $1,825 $119,000 $30,000 $89,000
2018 $1,777 $119,000 $30,000 $89,000
2017 $1,703 $119,000 $30,000 $89,000
2016 $1,687 $119,000 $30,000 $89,000
2015 $1,679 $119,000 $30,000 $89,000
2014 $1,810 $119,000 $30,000 $89,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1696636

South Central Wisconsin Multiple Listing Service

APN: 026-1103-25000