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701 South Monroe Street

701 South Monroe Street, Stoughton, WI 53589
Property in Stoughton
Sold Aug 16, 2022
$260,000
$208,000 by Bank Of Sun Prairie
Mortgage Due Sep 01, 2052
Sold Jun 07, 2018
$115,000
$145,000
Mortgage
Local assessors in Stoughton, WI have categorized 701 South Monroe Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 8,712 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 701 South Monroe Street has a total of 2,158 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Lots of wood were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 701 South Monroe Street sold most recently in Aug 4, 2022 for a total of $260,000. If you work out the math, that's approximately a cost of $120.48 per sqft. Before that, the property was also sold for $115,000 in May 31, 2018. 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 $2,896 in taxes each year. 701 South Monroe Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $149,100. If we break it down further, the land itself was valued at $34,800. Improvements to the property, however, were assessed at a total of $114,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,158
  • Building Area: 2,158
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,158
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHN FISH ADDN
  • Land Acres: 0.2
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: SEC 8-5-11 PRT SW1/4NW1/4 PRT JOHN FISH ADDN COM AT PT E LN MONROE ST S00DEG20E 62.04 FT FR SW COR BLK 4 J FISH ADDN TH S00DEG20E 64.36 FT TH N89DEG27E 133.4 4 FT TH N00DEG20W 63.7 FT TO S LN OAK ST TH W 134.44 FT TO POB

Ownership

  • Current Owner : GERBER SEAN
  • Current Owner 2: GERBER SEAN J
  • Previous Owner : ABE FROHMAN PROPERTIES LLC
  • Owner Before Previous Owner: WERSLAND PETER R

Neighborhood

  • School District Name: Stoughton Area School District
  • School Tax School District: STOUGHTON SD
  • Census Tract: 012300

Geography

  • Parcel: 0511-082-9425-8
  • Block: 94
  • Lot: 25
  • Meridian: SEC 08 TWN 05N RNG 11E
  • Municipality: CITY OF STOUGHTON
  • Latitude: 42.913
  • Longitude: -89.227

    Address

  • Full Address: 701 S Monroe St
  • Address - House Number: 701
  • Street Direction: S
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: WI
  • City Name: Stoughton
  • Carrier Code: C004
  • 4-Digit Zip Code: 2467
  • Zip Code: 53589

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,896
  • Tax Rate Code Area: 281

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 284,432
  • High Value: 336,540
  • Low Value: 232,324

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,000
  • First Open Lien Mortgage Lender: BANK OF SUN PRAIRIE
  • First Open Lien Mortgage Recording Date: Aug 16, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $208,000
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $130,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $149,100
  • Assessed Land Value: $34,800
  • Assessed Improvements Value: $114,300

    Sales

  • Current Sale Contract Date: Aug 04, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Transaction ID: 11894568797
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5855524
  • Previous Sale Recording Date: Jun 07, 2018
  • Previous Sale Contract Date: May 31, 2018
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF SUN PRAIRIE
  • First Mortgage Transaction Date: Aug 16, 2022
  • First Mortgage Loan Amount: $208,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Transaction Date: Jun 07, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $145,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Stoughton



Similar Buildings

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Nearby Rentals

Unit for rent at 402 Main Page Court, Stoughton, WI, 53589

$2,195 /mo

  • 3 Beds
  • 1 Bath
  • 988 ft²
402 Main Page Court, Stoughton, WI, 53589 Listing by Josh Harms

Frequently Asked Questions

What neighborhood is 701 South Monroe Street located in?
The 701 South Monroe Street is a located in the neighborhood of Stoughton in Stoughton, Stoughton.
What is the average sales price for listings in 701 South Monroe Street?
The average sales price for units in 701 South Monroe Street is $0 currently.

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