NOT LISTED FOR SALE

W164N8996 Water St Menomonee Falls, WI 53051

Estimated Value: $380,000 - $412,000

6 Beds
2 Baths
1,764 Sq Ft
$225/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $269,000 $152 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,428/month

79 Days on Market

Highlights

  • 3 Car Detached Garage
  • Riverside Elementary School Rated A-
  • 2-minute walk to Mill Pond Park

About This Home

As of January 2021

Excellent opportunity to own well-maintained Menomonee Falls duplex! Great investment & Fantastic location! Owner occupants - have your tenants help pay the mortgage! Lower unit currently rented. Upper unit boasts 2 floors and 3 BR & many updates, move in ready! Within walking distance to Mill Pond, Parks, Shopping, and Beautiful downtown falls! Schedule your private showing today!

Last Agent to Sell the Property

Michael Whitcomb

Steel Horse Realtor LLC License #58127-90 Listed on: 10/06/2020

Last Buyer's Agent

Ann Lebiecki

Shorewest Realtors, Inc. License #53596-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,019

Year Built

  • Built in 1896

Lot Details

  • 8,712

Parking

  • 3 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • North Middle School
  • Menomonee Falls High School

Additional Features

  • 8,712 Sq Ft Lot
  • Individual Gas Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Sellers' and tenants personal property.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,019

Year Built

Built in 1896

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 refrigerators, 2 stoves, 1 washer, 1 dryer
  • Directions: See Google Maps.
  • New Construction: No
  • Year Built: 1896
  • Cleared Acreage: Less than 1/2
  • Full Street Address: W164N8996 Water St
  • Lot Acreage: 0.2
  • Municipality Type: Village
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 1764.00

Exterior Features

  • Exclusions: Sellers' and tenants personal property.
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Partial-Aluminum, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 3 Car
  • Garage Spaces: 3.0

Utilities

  • Utilities: 1 Gas Meter, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Menomonee Falls
  • Middle School: North
  • High School: Menomonee Falls
  • High School: Menomonee Falls
  • Junior High Dist: Menomonee Falls

Lot Info

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

Tax Info

  • Tax Year: 3612
  • Total Taxes: 2019.0

MLS Schools

  • Middle School: North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Jan 28, 2021
Sold by
Drewek Robert J
Bought by
Merkel Jacob C and Merkel Hannah G
Seller's Agent
Michael Whitcomb
Steel Horse Realtor LLC
Buyer's Agent
Ann Lebiecki
Shorewest Realtors, Inc.
List Price
$269,000
Sold Price
$269,000
Current Estimated Value
$396,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,699
Avg. Annual Appreciation
8.67%
Original Mortgage
$228,650
Outstanding Balance
$204,147
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$192,552

Purchase Details

Closed on
Jun 14, 2012
Sold by
Chios Anthony and Chios Adele
Bought by
Drewek Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2002
Sold by
Kohn Steven S and Kohn Amy L
Bought by
Chios Anthony and Chios Adele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
6.54%
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
Merkel Jacob C $269,000 Prism Title
Drewek Robert J $204,000 None Available
Chios Anthony $193,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkel Jacob C $228,650
Previous Owner Drewek Robert J $158,000
Previous Owner Chios Anthony $154,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $269,000 0.0% $152 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $269,000 -- $152 / Sq Ft
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 $3,894 $313,300 $95,300 $218,000
2023 $3,773 $313,300 $95,300 $218,000
2022 $3,776 $212,700 $65,800 $146,900
2021 $3,626 $212,700 $65,800 $146,900
2020 $3,744 $212,700 $65,800 $146,900
2019 $3,613 $212,700 $65,800 $146,900
2018 $3,710 $212,700 $65,800 $146,900
2017 $4,081 $212,700 $65,800 $146,900
2016 $3,865 $212,700 $65,800 $146,900
2015 $3,851 $212,700 $65,800 $146,900
2014 $3,870 $212,700 $65,800 $146,900
2013 $3,870 $212,700 $65,800 $146,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1713301

Metro MLS

APN: MNFV-0012-127