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245 E Summit Ave, Wales, WI 53183
$1,350,000 Contingent
245 E Summit Ave, Wales, WI 53183View this property at 245 E Summit Ave, Wales, WI 53183
245 E Summit AveWalesWI53183
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Property Description
Stately 8-unit fully occupied apartment building offered to add to your investment portfolio or to start something new you have only dreamed of! All units offer 2 bds/1 bath, storage lockers and ample parking. 7 of 8 units fully renovated with LVP floors, SS appliances, granite countertops and in-unit laundry. Common areas updated and units are separately metered for heat. Upper units have balconies. Surface parking for 18 vehicles. Take Seller's draft plans to construct 14 townhomes on the property (then, totaling 22 units), create your own development project or enjoy an existing cash flowing property! So many options! Contact Village for further details on the development & approval process for Seller's draft plans or your own. Broker has not verified building/property dimensions.
Full Property Details
Full Property Details for 245 E Summit Ave
General
- Price: $1,350,000
- Taxes: $12,664 (2023)
- Status: Contingent
- Type: Apartment
- MLS ID: 1874982
- Updated: 5/18/2024
- Added to Site: 10 day(s) ago
Parking
- Uncovered Spaces: 18
- Parking Features: Outdoor Space
Location
- County: Waukesha
- Driving Directions: On Hwy 18 (Summit Avenue) approximately 2 blocks east of Hwy 83 on the south side of the street.
School Information
- School District: Kettle Moraine
- Middle School: Kettle Moraine
Heating & Cooling
- Heating/Cooling: Electric, Wall Air Conditioning
Utilities
- Water/Sewer: Municipal Sewer, Private Well
Structural Information
- Architectural Style: Apartment Building
- Exterior Const.: Brick
- Basement Desc.: Block, Full, Laundry Facilities
- Stories Description: 1 to 2 Stories
- Year Built: 1970
Unit Information
Unit 1
- Number of Units: 3
- Unit Description: 2 Bedrooms, Air Conditioning, Dishwasher, Eat-In Kitchen, Range/Oven, Refrigerator, Storage Lockers, Washer/Dryer
- Square Feet: 751 to 100
Unit 2
- Number of Units: 3
- Unit Description: 2 Bedrooms, Air Conditioning, Dishwasher, Eat-In Kitchen, Range/Oven, Refrigerator, Storage Lockers, Washer/Dryer
- Square Feet: 751 to 100
Unit 3
- Number of Units: 1
- Unit Description: 2 Bedrooms, Air Conditioning, Dishwasher, Eat-In Kitchen, Range/Oven, Refrigerator, Storage Lockers, Washer/Dryer
- Square Feet: 751 to 100
Unit 4
- Number of Units: 1
- Unit Description: 2 Bedrooms, Air Conditioning, Dishwasher, Disposal, Eat-In Kitchen, Range/Oven, Refrigerator, Storage Lockers, Washer/Dryer
- Square Feet: 751 to 100
Lot Features
- Lot Size (Acres): 2.6
- Zoning: R4
Financial Considerations
- Tax Amount: $12,664
- Tax Year: 2023
Listed by Port & Bay Real Estate Co. LLC
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Schools
Schools serving 245 E Summit Ave
School District:Kettle Moraine School District
Rating | Name | Grades | Distance |
---|---|---|---|
219 N Oak Crest Dr, Wales, WI 53183 | PK-5 | 0.5 mi | |
301 E Ottawa Ave, Dousman, WI 53118 | 6-8 | 4.6 mi | |
349 N Oak Crest Dr, Wales, WI 53183 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 245 E Summit Ave
Date
Details
Price
Change
Source
5/12/2024
Listed
$1,350,000
37.76%
MLS
8/16/2021
Sold
$980,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 245 E Summit Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,427
-13%
$1,069,100
—
2022
$14,207
-7%
$1,069,100
—
2021
$15,321
31%
$1,069,100
61%
2020
$11,740
15%
$664,100
—
2019
$10,203
-3%
$664,100
—
2018
$10,503
-19%
$664,100
—
2017
$12,907
-9%
$664,100
—
2016
$14,199
42%
$664,100
—
2015
$9,970
-2%
$664,100
—
2014
$10,189
-7%
$664,100
—
2013
$10,909
—
$664,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 245 E Summit Ave
245 E Summit Ave, Wales, WI 53183 (MLS# 1874982) is a Apartment property with 0 bedrooms and 0 full bathrooms. 245 E Summit Ave is currently listed for $1,350,000 and was received on May 12, 2024. Want to learn more about 245 E Summit Ave? Do you have questions about finding other Apartment real estate for sale in Wales? You can browse all Wales real estate or contact a Coldwell Banker agent to request more information.