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8536 South River Terrace Drive

8536 South River Terrace Drive, Franklin, WI 53132
Property in Franklin
Sold Oct 13, 2017
$575,000
$460,000 by Us Bank Na
Mortgage Due Oct 01, 2047
Sold Mar 02, 1998
$47,000
8536 South River Terrace Drive has been categorized by the local assessors in Franklin, WI as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8536 South River Terrace Drive has 3,184 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 896 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 28,750 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 1,056 sqft. According to our sources, there are a total of 4 available parking spaces. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Sep 29, 2017 for $575,000. That's $180.59 per sqft. Prior to that sales transaction, the property was also sold in Feb 3, 1998 for $47,000. 8536 South River Terrace Drive was last assessed in 2022. The total value of the property was assessed at $700,000. Specifically, the land the property is located on was valued at $111,000. While improvements on the property were assessed at a total of $589,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $12,909. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 20
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 896
  • Garage Type: Attached
  • Garage Square Area: 1,056
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 28,750
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,184
  • Gross Building Area: 3,184
  • Building Area: 3,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,184
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER TERRACE ESTATES
  • Land Acres: 0.66
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIVER TERRACE ESTATES ADDN NO 2 LOT 33

Ownership

  • Current Owner : PORUBCAN MICHAEL
  • Current Owner 2: PORUBCAN MICHLE
  • Previous Owner : MALLEY JAMES B O
  • Owner Before Previous Owner: RIVER TERRACE ESTATES CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 836-0033-000
  • Lot: 33
  • Municipality: FRANKLIN
  • Latitude: 42.8899
  • Longitude: -87.9963

    Address

  • Full Address: 8536 S River Terrace Dr
  • Address - House Number: 8536
  • Street Direction: S
  • Address - Street Name: River Terrace
  • Address - Suffix Type: Dr
  • State: WI
  • City Name: Franklin
  • Carrier Code: R012
  • 4-Digit Zip Code: 8223
  • Zip Code: 53132

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,909
  • Tax Rate Code Area: 83

    Appraisal Valuation

  • Standard Deviation: 0.2521
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 64
  • Final Value: 847,598
  • High Value: 1,061,292
  • Low Value: 633,904

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $460,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Oct 13, 2017
  • First Open Lien Mortgage Loan Amount: $460,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2047

    Market Valuation

  • Market Total Value: $720,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $700,000
  • Assessed Land Value: $111,000
  • Assessed Improvements Value: $589,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2017
  • Current Sale Recording Date: Oct 13, 2017
  • Current Sale Transaction ID: 1397709180
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10719715
  • Previous Sale Recording Date: Mar 02, 1998
  • Previous Sale Contract Date: Feb 03, 1998
  • Previous Sale Amount: $47,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Oct 13, 2017
  • First Mortgage Loan Amount: $460,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2047

About Franklin



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Frequently Asked Questions

What neighborhood is 8536 South River Terrace Drive located in?
The 8536 South River Terrace Drive is a located in the neighborhood of Franklin in Franklin, Franklin.
What is the average sales price for listings in 8536 South River Terrace Drive?
The average sales price for units in 8536 South River Terrace Drive is $0 currently.

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