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8569 South River Terrace Drive

8569 South River Terrace Drive, Franklin, WI 53132
Property in Franklin
Sold Aug 26, 2021
$670,000
$528,000 by Finance Of America Mortgage Ll
Mortgage Due Sep 01, 2051
Sold Aug 14, 2012
$385,000
$250,250 by First Bank Financial Centre
Mortgage Due Sep 01, 2042
8569 South River Terrace Drive in Franklin, WI was first built in 2001 and is 23 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 8569 South River Terrace Drive has 2,742 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 29,621 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 572 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system 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. The property was last sold in Aug 20, 2021 for $670,000. That's $244.35 per sqft. Prior to that sales transaction, the property was also sold in Aug 13, 2012 for $385,000. 8569 South River Terrace Drive was last assessed in 2022. The total value of the property was assessed at $761,800. Specifically, the land the property is located on was valued at $89,700. While improvements on the property were assessed at a total of $672,100. 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 $11,808. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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

Stone Exterior
Wood Exterior

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 572
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 29,621
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,742
  • Gross Building Area: 2,742
  • Building Area: 2,742
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,742
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER TERRACE ESTATES
  • Land Acres: 0.68
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIVER TERRACE ESTATES ADDN NO 2 LOT 45

Ownership

  • Current Owner : HAMED HUSSAM
  • Previous Owner : FAYYAD REVOCABLE TRUST
  • Owner Before Previous Owner: STRAUB WILLIAM D
  • Owner Before Previous Owner 2: WILHELM ELAINE F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • Parcel: 836-0045-000
  • Lot: 45
  • Municipality: FRANKLIN
  • Latitude: 42.8889
  • Longitude: -87.9969

    Address

  • Full Address: 8569 S River Terrace Dr
  • Address - House Number: 8569
  • 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: $11,808
  • Tax Rate Code Area: 83

    Appraisal Valuation

  • Standard Deviation: 0.2521
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 64
  • Final Value: 747,613
  • High Value: 936,099
  • Low Value: 559,127

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $528,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Aug 26, 2021
  • First Open Lien Mortgage Loan Amount: $528,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $784,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $761,800
  • Assessed Land Value: $89,700
  • Assessed Improvements Value: $672,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Transaction ID: 11850865042
  • Current Sale Price: $670,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11155572
  • Previous Sale Recording Date: Aug 14, 2012
  • Previous Sale Contract Date: Aug 13, 2012
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Aug 26, 2021
  • First Mortgage Loan Amount: $528,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK FINANCIAL CENTRE
  • Previous Mortgage Transaction Date: Aug 14, 2012
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $250,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2042

About Franklin



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Frequently Asked Questions

What neighborhood is 8569 South River Terrace Drive located in?
The 8569 South River Terrace Drive is a located in the neighborhood of Franklin in Franklin, Franklin.
What is the average sales price for listings in 8569 South River Terrace Drive?
The average sales price for units in 8569 South River Terrace Drive is $0 currently.

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