NOT LISTED FOR SALE

W4099 Linton Rd Lake Geneva, WI 53147

-- Bed
8 Baths
6,428 Sq Ft
2.93 Acres

Last Sold April 07, 2021

Last sale price $425,000 $66 Per Sq Ft

112 Days on Market

Highlights

  • 2.93 Acre Lot
  • Subterranean Parking
  • Forced Air Heating and Cooling System
  • Reek Elementary School Rated A
  • Enclosed Parking

About This Home

As of April 2021

7-Unit Multi-Family Property With Commercial Zoning On 2.9 Acres, Located Close To The Lake. Apartments Range In Size From 3 Bedroom to 1 Bedroom. Common Coin Operated Laundry + Some Units Offer In-Unit Hook Ups For Tenant Provided Washers & Dryers. Rents Are Under Market & Most Units Are Month To Month, Allowing For Adjustments At Buyer's Discretion. On-site Billboard Provides Additional Income. While There Have Been Some Recent Improvements This Property Is Being Sold As-Is.

Last Agent to Sell the Property

Sal Dimiceli Sr.

Lake Geneva Area Realty, Inc. License #65208-94 Listed on: 10/19/2020

Last Buyer's Agent

Tammy Haase

Keefe Real Estate, Inc. License #55386-90

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,856

Year Built

  • Built in 1956

Lot Details

  • 2.93 Acre Lot

Home Design

  • Tar and Gravel Roof
  • Composition Roof
  • Rubber Roof

Interior Spaces

  • 6,428 Sq Ft Home
  • Multi-Level Property

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Enclosed Parking
  • Subterranean Parking
  • Outside Parking

Schools

  • Reek Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well Required
  • Septic System

Community Details

  • 7 Units

Listing and Financial Details

  • Exclusions: Personal property of seller & tenants which includes any washers & dryers located within the units as they are tenant owned.

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,856

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 7 refrigerators & 7 stoves. Window air conditioners: Units 1 & 3 - 2 A.C., Units 2, 4, and 5 - 1 A.C. (total of 7 window air conditioners). Dishwashers: Units 3,4,5,6,7 (total of 5 dishwashers). Commercial coin operated washer & dryer in common area. Water Softener, Shed.
  • Directions: Located on the corner of Linton Rd (County Rd BB) & Maple Ridge Rd.
  • New Construction: No
  • Year Built: 1956
  • Cleared Acreage: Over 2 acres to 5 acres
  • Full Street Address: W4099 Linton Rd
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 2.93
  • Municipality Type: Town
  • 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: Partial, Walk Out/Outer Door
  • Interior Amenities: Water Softener
  • Second Floor Total Sq Ft: 6428.00

Exterior Features

  • Exclusions: Personal property of seller & tenants which includes any washers & dryers located within the units as they are tenant owned.
  • Exterior Building Type: Apartment Building
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: Underground Garage
  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Well, Private Septic System

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Linn J6
  • Elementary School: Reek
  • Elementary School: Reek
  • Junior High Dist: Linn J6

Lot Info

  • Zoning: B-2
  • Acreage Range: 1 to 4.99

Tax Info

  • Tax Year: 2020
  • Assessor Parcel Number 2: IL2100012
  • Total Taxes: 3856.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Apr 7, 2021
Sold by
Grosso Patricia C
Bought by
Gain 1031 Exchange Company Llc
Seller's Agent
Sal Dimiceli Sr.
Lake Geneva Area Realty, Inc.
Buyer's Agent
Tammy Haase
Keefe Real Estate, Inc.
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2006
Sold by
Peklo Robert C and Peklo Adeline F
Bought by
Grosso Samuel T and Grosso Patricia C
Source: Public Records

Range of Values:

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Average Value
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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
Gain 1031 Exchange Company Llc $425,000 Rudolph William J
Grosso Samuel T $410,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gain 1031 Exchange Company Llc $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2021 04/07/21 Sold $425,000 0.0% $66 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
10/19/2020 10/19/20 For Sale $425,000 -- $66 / 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 $3,197 $442,900 $121,100 $321,800
2023 $3,263 $289,300 $83,800 $205,500
2022 $3,211 $289,300 $83,800 $205,500
2021 $3,081 $289,300 $83,800 $205,500
2020 $3,004 $289,300 $83,800 $205,500
2019 $2,862 $289,300 $83,800 $205,500
2018 $2,597 $231,600 $72,000 $159,600
2017 $2,691 $231,600 $72,000 $159,600
2016 $2,664 $231,600 $72,000 $159,600
2015 $2,595 $231,600 $72,000 $159,600
2014 $3,856 $231,600 $72,000 $159,600
2013 $3,856 $231,600 $72,000 $159,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1715504

Metro MLS

APN: IL2100013