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8321 South River Terrace Drive

8321 South River Terrace Drive, Franklin, WI 53132
Property in Franklin
Sold May 06, 2013
$385,000
$308,000 by Bank Mutual
Mortgage Due May 01, 2028
Sold Jan 31, 2008
$350,000
$175,000 by Amerihome Mortgage Company Llc
Mortgage Due Feb 01, 2038
Local assessors in Franklin, WI have categorized 8321 South River Terrace Drive as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 31,363 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 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 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 8321 South River Terrace Drive has a total of 2,107 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 finished improved basement that is 1,184 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system 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. 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, 8321 South River Terrace Drive was last sold in Apr 26, 2013 for $385,000. According to our calculations, that's $182.72 per sqft. Prior to that sales transaction, the property was sold for $350,000 in Jan 18, 2008. Current property owners are expected to pay $8,725 in taxes per year. The property on 8321 South River Terrace Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $535,700. To break that down further, the land itself was valued at $91,100. While improvements to the property were assessed at a total of $444,600. 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. 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. 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: 1998
  • Effective Year Built: 1998
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,184
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 31,363
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,107
  • Gross Building Area: 2,107
  • Building Area: 2,107
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,107
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER TERRACE ESTATES
  • Land Acres: 0.72
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIVER TERRACE ESTATES ADDN NO 1 LOT 18

Ownership

  • Current Owner : ELLIS RICHARD C
  • Current Owner 2: ELLIS ANNE D
  • Previous Owner : TRACEY WALTER KEVIN B
  • Previous Owner 2: TRACEY WALTER
  • Owner Before Previous Owner: MILLER KEVIN T
  • Owner Before Previous Owner 2: MILLER LORI L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Franklin Public School District
  • School Tax School District: 1900
  • School Tax District Code 2: 5020
  • Census Tract: 187200

Geography

  • Parcel: 836-0018-000
  • Lot: 18
  • Municipality: FRANKLIN
  • Latitude: 42.8937
  • Longitude: -87.9982

    Address

  • Full Address: 8321 S River Terrace Dr
  • Address - House Number: 8321
  • Street Direction: S
  • Address - Street Name: River Terrace
  • Address - Suffix Type: Dr
  • State: WI
  • City Name: Franklin
  • Carrier Code: R012
  • 4-Digit Zip Code: 8221
  • Zip Code: 53132

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,725
  • Tax Rate Code Area: 83

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 77
  • Final Value: 720,611
  • High Value: 845,434
  • Low Value: 595,787

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,000
  • First Open Lien Mortgage Lender: BANK MUTUAL
  • First Open Lien Mortgage Recording Date: May 06, 2013
  • First Open Lien Mortgage Loan Amount: $308,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2028

    Market Valuation

  • Market Total Value: $551,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $535,700
  • Assessed Land Value: $91,100
  • Assessed Improvements Value: $444,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 26, 2013
  • Current Sale Recording Date: May 06, 2013
  • Current Sale Transaction ID: 1159852478
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10244897
  • Previous Sale Recording Date: Jan 31, 2008
  • Previous Sale Contract Date: Jan 18, 2008
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK MUTUAL
  • First Mortgage Transaction Date: May 06, 2013
  • First Mortgage Loan Amount: $308,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: AMERIHOME MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Jan 31, 2008
  • Previous Mortgage Loan Amount: $175,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2038

About Franklin



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Frequently Asked Questions

What neighborhood is 8321 South River Terrace Drive located in?
The 8321 South River Terrace Drive is a located in the neighborhood of Franklin in Franklin, Franklin.
What is the average sales price for listings in 8321 South River Terrace Drive?
The average sales price for units in 8321 South River Terrace Drive is $0 currently.

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