NOT LISTED FOR SALE

Cambria, WI 53923

Estimated Value: $1,448,427

3 Beds
2 Baths
1,300 Sq Ft
$1,114/Sq Ft Est. Value

Sale Details

Date Sold: April 15, 2016

Last sale price $666,438 $513 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $9,482 / mo

108 Days on Market

Highlights

  • Main Floor Bedroom
  • Level Entry For Accessibility
  • Accessible Full Bathroom
  • Subterranean Parking
  • Accessible Bedroom
  • Bathroom on Main Level

About This Home

As of April 2016

Low-maintenance, turn-key 16-unit apartment building under one roof. Built in 1996. Underground heated garage parking. Newer double boiler efficient gas heating system. Has 16 individual tax keys because they are classified as condos, but no association is in place. This runs just like a 16-unit apartment complex. Professional management in place with a 5% vacancy rate. Just keep it rented and enjoy lucrative positive cash flow! Priced at a 7.30% cap rate, 6.95 GIM, and a 20% ROI!!

Last Agent to Sell the Property

Matthew Pantzlaff

Homestead Realty License #73316-94 2092-10 Listed on: 09/30/2015

Homestead Realty

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,838

Year Built

  • Built in 1996

Lot Details

  • 37,984 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Fire Sprinkler System
  • Oven or Range
  • Washer and Dryer

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Parking

  • Garage
  • Subterranean Parking
  • Garage Door Opener
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility

Schools

  • Cambria-Friesland Elementary And Middle School
  • Cambria-Friesland High School

Utilities

  • Central Air
  • Separate Meters
  • Water Softener is Owned

Community Details

  • 16 Units
  • Laundry Facilities
  • Net Operating Income $50,732

Listing and Financial Details

  • Assessor Parcel Number 336.01-336.16

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,838

Year Built

Built in 1996

Lot Details

0.87 Acres

Listing Details

  • Municipality: Cambria
  • Status Detail: Sold
  • Mailing City: Cambria
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: Ramped or level entrance, First floor bedroom, First floor full bath
  • Miscellaneous: Shared laundry, Water Softener Owned, Elevator, Building Sprinkler System
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 4
  • Number Units W Ac: 16
  • Number Washers: 4
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Underground, 1 space, Outside, Opener inc
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 49303

Schools

  • Elementary School: Cambria-Friesland
  • High School: Cambria-Friesland
  • Middle School: Cambria-Friesland
  • School District: Cambria-Friesland

Lot Info

  • Estimated Aces: 0.872
  • Zoning: Multi
  • Geo Subdivision: WI

Rental Info

  • Total Income: 100035

Tax Info

  • Net Taxes: 12838
  • Tax Year: 2014
  • Assessor Parcel Number: 336.01-336.16

Multi Family

  • Number Of1 Bedrooms: 6
  • Number Of2 Bedrooms: 10
  • Number Of Units: 16

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2016 04/15/16 Sold $666,438 -4.1% $513 / Sq Ft
01/16/2016 01/16/16 Pending -- -- --
09/30/2015 09/30/15 For Sale $695,000 -- $535 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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
2025 $20,905 $1,101,600 $27,000 $1,074,600
2024 $20,456 $1,101,600 $27,000 $1,074,600
2023 $18,875 $710,700 $27,000 $683,700
2022 $18,453 $710,700 $27,000 $683,700
2021 $16,985 $710,700 $27,000 $683,700
2020 $18,392 $710,700 $27,000 $683,700
2019 $18,859 $710,700 $27,000 $683,700
2018 $19,665 $710,700 $27,000 $683,700
2017 $19,027 $710,700 $27,000 $683,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Matthew Pantzlaff

    Homestead Realty

    (608) 239-0367

    14 Total Sales

    Matthew Pantzlaff
    Section Image

  • S

    Buyer's Agent in 2016

    SCWMLS Non-Member

    South Central Non-Member

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Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1759157

South Central Wisconsin Multiple Listing Service

APN: 11111-338

Wisconsin Columbia County Cambria

53923

Not Listed for Sale

MultiFamily

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