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567 Somerset Lane

567 Somerset Lane, Somerset, WI 54025
Multifamily in Somerset
Sold Sep 25, 2019
$172,000
Local assessors in Somerset, WI have categorized 567 Somerset 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 12,565 square feet. 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 are 2 full bathrooms. There are also 2 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.

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. The property was last sold in Sep 24, 2019 for $172,000. 567 Somerset Lane was last assessed in 2023. The total value of the property was assessed at $189,000. Specifically, the land the property is located on was valued at $20,000. While improvements on the property were assessed at a total of $169,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,144. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stone Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • 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: 12,565
  • 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: SOMERSET MEADOWS FIRST ADDITION
  • Land Acres: 0.288
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 4 T30N R19W PT NW NE & PT OF LOT 1 CSM 5/1244 LOT 136 SOMERSET MEADOWS FIRST ADDITION

Ownership

  • Current Owner : MELHORN TERRY
  • Current Owner 2: MELHORN KIM
  • Previous Owner : MCBROOM CHERYL
  • Previous Owner 2: MCBROOM CHERYL 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: 181-4095-00-136
  • Lot: 1,136
  • Meridian: SEC 04 TWN 30N RNG 19W
  • Municipality: VILLAGE OF SOMERSET
  • Latitude: 45.1197
  • Longitude: -92.6887

    Address

  • Full Address: 567 Somerset Ln
  • Address - House Number: 567
  • Address - Street Name: Somerset
  • Address - Suffix Type: Ln
  • State: WI
  • City Name: Somerset
  • Carrier Code: R004
  • 4-Digit Zip Code: 7573
  • Zip Code: 54025

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,144

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 260,135
  • High Value: 308,125
  • Low Value: 212,144

    Market Valuation

  • Market Total Value: $189,000
  • Market Land Value: $20,000
  • Market Improvement Value: $169,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,000
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $169,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 24, 2019
  • Current Sale Recording Date: Sep 25, 2019
  • Current Sale Transaction ID: 11657651085
  • Current Sale Price: $172,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1089179

About Somerset



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Frequently Asked Questions

What neighborhood is 567 Somerset Lane located in?
The 567 Somerset Lane is a multifamily located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 567 Somerset Lane?
The average sales price for units in 567 Somerset Lane is $0 currently.

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