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466 Meadow Lane

466 Meadow Lane, Somerset, WI 54025
Multifamily in Somerset
Local assessors in Somerset, WI have categorized 466 Meadow Lane as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 7,296 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 3 rooms in the home. Of these, 3 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 are 3 full bathrooms. There are also 3 partial bathrooms. 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 466 Meadow Lane has a total of 1,955 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 1,093 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 attached garage for those who need a place to park their vehicle. There are 2 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 good. 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 alum/vinyl siding 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, 466 Meadow Lane sold most recently in Aug 30, 2021 for a total of $226,000. If you work out the math, that's approximately a cost of $206.77 per sqft. Before that, the property was also sold for $216,000 in Nov 10, 2020. 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 $5,251 in taxes each year. 466 Meadow Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $223,000. If we break it down further, the land itself was valued at $20,000. Improvements to the property, however, were assessed at a total of $203,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Brick Exterior
Metal Exterior
Stone Exterior
Vinyl Siding

Driveway

Driveway

Parking

Attached Garage
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200806
08/06/2020
3 Bed
3 Bath
2120 ft²
$216,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2120 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,093
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,296
  • Total Building Area: 1,093
  • Gross Building Area: 1,093
  • Building Area: 1,093
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,955
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOMERSET MEADOWS
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 4 T30N R19W SOMERSET MEADOWS LOT 48

Ownership

  • Current Owner : HIGGINS SEAN
  • Current Owner 2: HIGGINS ELIZABETH
  • Previous Owner : OLSON STEVEN
  • Previous Owner 2: OLSON RONDA
  • Owner Before Previous Owner: PREFERRED PROPERTIES & MANAGEMENT LLC

Neighborhood

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

Geography

  • Parcel: 181-4093-00-048
  • Lot: 48
  • Meridian: SEC 04 TWN 30N RNG 19W
  • Municipality: VILLAGE OF SOMERSET
  • Latitude: 45.1208
  • Longitude: -92.6833

    Address

  • Full Address: 466 Meadow Ln
  • Address - House Number: 466
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: WI
  • City Name: Somerset
  • Carrier Code: R004
  • 4-Digit Zip Code: 7577
  • Zip Code: 54025

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,251

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 292,665
  • High Value: 346,657
  • Low Value: 238,673

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $169,500
  • First Open Lien Mortgage Lender: MIDWESTON BANK
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Loan Amount: $169,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Sep 21, 2051

    Market Valuation

  • Market Total Value: $223,000
  • Market Land Value: $20,000
  • Market Improvement Value: $203,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,000
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $203,000

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11858697690
  • Current Sale Price: $226,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1139528
  • Previous Sale Recording Date: Jan 19, 2021
  • Previous Sale Contract Date: Nov 10, 2020
  • Previous Sale Amount: $216,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDWESTON BANK
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $169,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 19, 2021
  • Previous Mortgage Loan Amount: $144,485
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Somerset



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 466 Meadow Lane located in?
The 466 Meadow Lane is a multifamily located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 466 Meadow Lane?
The average sales price for units in 466 Meadow Lane is $0 currently.

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