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2472 Wallace Lake Road

2472 Wallace Lake Road, West Bend, WI 53090
Commercial in Trenton
1 Units For Sale
Unit for sale at 2472 Wallace Lake Rd, West Bend, WI 53090

$1,500,000

  • Commercial
  • 6,360 ft²
2472 Wallace Lake Rd, West Bend, WI 53090 Listing by Thomas J Zernia

Local assessors in West Bend, WI have categorized 2472 Wallace Lake Road as a commercial type of property. The property's lot size has been calculated to be 52,315 square feet.

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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2472 Wallace Lake Road was last sold in Mar 3, 2020 for $400,000. Current property owners are expected to pay $8,907 in taxes per year. The property on 2472 Wallace Lake Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $784,600. To break that down further, the land itself was valued at $308,400. While improvements to the property were assessed at a total of $476,200. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220628
06/28/2022
Loft
-
6360 ft²
$2,125,000
bedrooms
Loft
bathrooms
-
square feet
6360 ft²
-
-
-
Thomas J Zernia
Boss Realty LLC

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 52,315
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 1.2
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: PT OF SW NW DOC 1491720 EXC PT SOLD 164' LF

Ownership

  • Current Owner : PRINCIPLE INVESTMENTS LLC
  • Previous Owner : WALDEN KAREN L
  • Previous Owner 2: WALDEN KARNE L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: West Bend School District
  • School Tax School District: WALLACE LKE SAN
  • School Tax District Code 2: ALLENTON FIRE
  • School Tax District Code 3: TIF DISTRICT 11
  • Census Tract: 400102

Geography

  • District: T11
  • Parcel: T11 -012000G
  • Meridian: SEC 06 TWN 11N RNG 20E
  • Municipality: TOWN OF TRENTON
  • Latitude: 43.4491
  • Longitude: -88.1602

    Address

  • Full Address: 2472 Wallace Lake Rd
  • Address - House Number: 2472
  • Address - Street Name: Wallace Lake
  • Address - Suffix Type: Rd
  • State: WI
  • City Name: West Bend
  • Carrier Code: R020
  • 4-Digit Zip Code: 1151
  • Zip Code: 53090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,907

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,044,000
  • First Open Lien Mortgage Lender: WBD INC
  • First Open Lien Mortgage Recording Date: Jan 12, 2022
  • First Open Lien Mortgage Loan Amount: $544,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: SBA Participation Trust Deed
  • First Open Lien Mortgage Loan Due Date: Jan 12, 2052
  • Second Open Lien Mortgage Lender: COMMERCE STATE BANK
  • Second Open Lien Mortgage Recording Date: Oct 08, 2020
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Oct 08, 2050

    Market Valuation

  • Market Total Value: $987,487
  • Market Land Value: $388,148
  • Market Improvement Value: $599,339

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $784,600
  • Assessed Land Value: $308,400
  • Assessed Improvements Value: $476,200

    Sales

  • Current Sale Contract Date: Mar 03, 2020
  • Current Sale Recording Date: Mar 05, 2020
  • Current Sale Transaction ID: 11745259252
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1491720

About Washington



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$960 /mo

  • 2 Beds
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209-215 Roosevelt Drive #213 Roosevelt Drive #8, West Bend, WI, 53090 Listing by Manager

Frequently Asked Questions

What neighborhood is 2472 Wallace Lake Road located in?
The 2472 Wallace Lake Road is a commercial located in the neighborhood of Trenton in Washington, West Bend.
How many listings are currently for sale in 2472 Wallace Lake Road?
There is a listing currently on the market for sale.
What is the average sales price for listings in 2472 Wallace Lake Road?
The average sales price for units in 2472 Wallace Lake Road is $1,500,000 , or $236/sqft. currently.

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