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107 Spring Street

107 Spring Street, Somerset, WI 54025
Property in Somerset
Sold Dec 21, 2018
$174,900
$139,920 by Waterstone Mortgage
Mortgage Due Dec 21, 2048
Local assessors in Somerset, WI have categorized 107 Spring Street as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 6,540 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 2 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 107 Spring Street has a total of 780 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 780 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 728 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 107 Spring Street sold most recently in Dec 13, 2018 for a total of $174,900. If you work out the math, that's approximately a cost of $224.23 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,148 in taxes each year. 107 Spring Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $176,000. If we break it down further, the land itself was valued at $16,000. Improvements to the property, however, were assessed at a total of $160,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C-
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 780
  • Garage Type: Detached
  • Garage Square Area: 728
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,540
  • Total Building Area: 780
  • Gross Building Area: 780
  • Building Area: 780
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 780
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KARL KOEHLERS ADD
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KARL KOEHLERS ADD PART LOT 3 BLK 1 NWLY 42' VIL SOMERSET

Ownership

  • Current Owner : KRAMER SARA J
  • Current Owner 2: KRAMER KEATON
  • Previous Owner : RICHTER JULIE J
  • Previous Owner 2: RICHTER JASON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Somerset School District
  • School Tax School District: 5432
  • School Tax District Code 2: 1700
  • Census Tract: 120401

Geography

  • Parcel: 181-1039-50-000
  • Block: 1
  • Lot: 3
  • Meridian: SEC 35 TWN 31N RNG 19W
  • Municipality: VILLAGE OF SOMERSET
  • Latitude: 45.1232
  • Longitude: -92.6736

    Address

  • Full Address: 107 Spring St
  • Address - House Number: 107
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: WI
  • City Name: Somerset
  • Carrier Code: R003
  • 4-Digit Zip Code: 9002
  • Zip Code: 54025

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,148

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 260,517
  • High Value: 308,577
  • Low Value: 212,456

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $139,920
  • First Open Lien Mortgage Lender: WATERSTONE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 21, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $139,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 21, 2048

    Market Valuation

  • Market Total Value: $176,000
  • Market Land Value: $16,000
  • Market Improvement Value: $160,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,000
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $160,000

    Sales

  • Current Sale Contract Date: Dec 13, 2018
  • Current Sale Recording Date: Dec 21, 2018
  • Current Sale Transaction ID: 11548767723
  • Current Sale Price: $174,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1075848

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE MORTGAGE
  • First Mortgage Transaction Date: Dec 21, 2018
  • First Mortgage Loan Amount: $139,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Somerset



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Frequently Asked Questions

What neighborhood is 107 Spring Street located in?
The 107 Spring Street is a located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 107 Spring Street?
The average sales price for units in 107 Spring Street is $0 currently.

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