$440,000
SOLD NOV 4, 2024

W166N9074 Grand Ave Menomonee Falls, WI 53051

-- Bed
-- Bath
-- Sq Ft
9,148 Sq Ft Lot

Recently Sold

15 Days on Market

About This Home

As of November 2024

Great Investment Opportunity! All brick 4 family in the heart of Downtown Menomonee Falls. This multi family home has all newer vinyl windows, newer roof and some newer exterior doors. The sidewalks and decks have been recently replaced. Storage in basement. Ample parking behind building. Long term owner. Parking in back of unit for up to 7 cars. Market rents should be $800+ per month. Invest now before someone else does!

Last Agent to Sell the Property

Mike Roth

Shorewest Realtors, Inc. Brokerage Email: PropertyInfo@shorewest.com License #23405-90 Listed on: 09/17/2024

Shorewest Realtors, Inc.

Last Buyer's Agent

Beth Clark

First Weber Inc - Menomonee Falls License #56607-90

First Weber Inc - Menomonee Falls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,161

Year Built

  • 1957

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • North Middle School
  • Menomonee Falls High School

Community Details

  • Operating Expense $10,138
  • Net Operating Income $22,627

Listing and Financial Details

  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water, electric/public
  • Assessor Parcel Number MNFV0011154

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,161

Year Built

1957

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.21
  • Inclusions: 4-Refrigerators, 4-Oven/Ranges
  • Directions: Main Street to Grand Ave to W166N9074 Grand Avenue, Menomonee Falls, WI 53051
  • Attribution Contact: PropertyInfo@shorewest.com
  • Special Features: None
  • Year Built: 1957

Interior Features

  • Owner Pays: Sewer, Water, Electric/Public
  • Has Basement: Block, Full
  • Basement YN: Yes

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

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

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: MNFV0011154

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 22627
  • Annual Operating Expense: 10138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Oct 30, 2024
Sold by
Don Properties Llc
Bought by
Meinecke David J
Seller's Agent
Mike Roth
Shorewest Realtors, Inc.
Buyer's Agent
Beth Clark
First Weber Inc - Menomonee Falls
List Price
$439,900
Sold Price
$440,000
Premium/Discount to List
$100
0.02%
Total Days on Market
15
Views
16
Current Estimated Value
$433,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,013
Avg. Annual Appreciation
-2.23%
Original Mortgage
$330,000
Outstanding Balance
$328,034
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$105,953

Purchase Details

Closed on
Oct 10, 2003
Sold by
Czech Donald J and Czech Diane M
Bought by
Don Properties Llc

Purchase Details

Closed on
Dec 27, 2001
Sold by
Callahan William Neil
Bought by
Czech Donald J and Czech Diane M
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 $440,000 None Listed On Document
Warranty Deed $440,000 None Listed On Document
Quit Claim Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,000 New Conventional
Closed $330,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $440,000 0.0% --
10/02/2024 10/02/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $439,900 -- --
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 $4,161 $306,300 $74,000 $232,300
2023 $4,033 $306,300 $74,000 $232,300
2022 $3,951 $203,400 $60,000 $143,400
2021 $3,797 $203,400 $60,000 $143,400
2020 $3,900 $203,400 $60,000 $143,400
2019 $3,775 $203,400 $60,000 $143,400
2018 $3,753 $203,400 $60,000 $143,400
2017 $3,831 $203,400 $60,000 $143,400
2016 $3,901 $203,400 $60,000 $143,400
2015 $3,889 $203,400 $60,000 $143,400
2014 $36,971 $203,400 $60,000 $143,400
2013 $36,971 $203,400 $60,000 $143,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1892195

Metro MLS

APN: MNFV-0011-154