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521 Reed Street

521 Reed Street, Somerset, WI 54025
Property in Somerset
Sold Dec 27, 2019
$199,900
$109,900 by Guaranteed Rate Affinity Llc
Mortgage Due Dec 27, 2049
Sold Aug 16, 2018
$175,000
$166,250 by First Bank Financial Centre
Mortgage
521 Reed Street in Somerset, WI was first built in 2004 and is 20 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 2 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. In total, the area measurement of the land is 5,055 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 521 Reed Street was last sold in Dec 20, 2019 for $199,900. Prior to that sales transaction, the property was sold for $175,000 in Aug 16, 2018. Current property owners are expected to pay $3,272 in taxes per year. The property on 521 Reed Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $196,000. To break that down further, the land itself was valued at $30,000. While improvements to the property were assessed at a total of $166,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,055
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHADY LANE
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 25 T29N R19W PT SW SW SHADY LANE P U D UNIT 4B NKA SHADY LANE LOT 8

Ownership

  • Current Owner : AXDAHL RONALD L
  • Current Owner 2: AXDAHL DIANA M
  • Previous Owner : LAWRENCE CARLES A
  • Previous Owner 2: LAWRENCE JILL E
  • Owner Before Previous Owner: BARGER KAREN L
  • 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: 181-4086-08-000
  • Lot: 8
  • Meridian: SEC 25 TWN 31N RNG 19W
  • Municipality: VILLAGE OF SOMERSET
  • Latitude: 45.1383
  • Longitude: -92.6708

    Address

  • Full Address: 521 Reed St
  • Legal Unit: 4
  • Address - House Number: 521
  • Address - Street Name: Reed
  • Address - Suffix Type: St
  • State: WI
  • City Name: Somerset
  • Carrier Code: R003
  • 4-Digit Zip Code: 9720
  • Zip Code: 54025

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,272

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 303,775
  • High Value: 359,816
  • Low Value: 247,734

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $109,900
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Dec 27, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $109,900
  • 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 27, 2049

    Market Valuation

  • Market Total Value: $196,000
  • Market Land Value: $30,000
  • Market Improvement Value: $166,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,000
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $166,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 20, 2019
  • Current Sale Recording Date: Dec 27, 2019
  • Current Sale Transaction ID: 11713973390
  • Current Sale Price: $199,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1094683
  • Previous Sale Recording Date: Aug 16, 2018
  • Previous Sale Contract Date: Aug 16, 2018
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Dec 27, 2019
  • First Mortgage Loan Amount: $109,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK FINANCIAL CENTRE
  • Previous Mortgage Transaction Date: Aug 16, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $166,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Somerset



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Frequently Asked Questions

What neighborhood is 521 Reed Street located in?
The 521 Reed Street is a located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 521 Reed Street?
The average sales price for units in 521 Reed Street is $0 currently.

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