🏡 Big Rehab = Big Reward | 300k+ Spread to work with | Half an Acre in a Beautiful neighborhood ✨🌄💰

Dane County, Sun Prairie, WI, 53590
Sold
Listed at: June 20th, 2024
Price
$222,000
ARV
$475,000
Gross Margin
$253,000
Sq. Footage
2100
Type
Single-Family
Parking
Garage
Year build
1972
Lot size
0.48 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Address: 3486 Whytecliff Way, Sun Prairie, WI 53590

3-bedroom / 2 bath Single Family Home 

Property is Vacant! Contact the Dispo Manager for access. 

Deal Takeaways:

  • As you can see from photos, property needs a ton of work
  • The spread is there, comps trending high in the neighborhood 
  • Half an acre lot size!
  • Fast closing 

Comps

  • 6209 Berkshire Lane, Sun Prairie, WI 53590 - sold for $475k (+1 bedroom, same sqft)
  • 3448 Swansee Ridge, Sun Prairie, WI 53590 - sold for $420k (smaller sqft)
  • 6233 Templeton Terrace, Sun Prairie, WI 53590 - sold for $639k (+1 bedroom, slightly bigger)
  • 6372 Gehrke Circle, Sun Prairie, WI 53590 - sold for $590k (same beds, slightly bigger sqft)

Financials:

ARV: $475,000

Purchase Price: $222,000

Estimated Profit Details (Flipper/MLS Sale):

ARV: $475,000

(*) 94% for sale commissions

(-) $222,000 purchase price

(-) $90,000 estimated make ready costs

(-) $5,000 esti. closing / holding cost

(=) $129,500 profit

Property Details:

2,100 Home Square Feet 

20,865 SQFT Lot Size

Closing on June 27th, 2024

Padua Partners Acquisitions assumes no liability for the accuracy of any estimates or information provided. End buyers must conduct own due diligence. The property is to be sold as-is. Proof of funds is required. Cash or hard money only. End buyer pays all closing costs and fees associated with this transaction. $5,000 Non-Refundable EMD needed to secure the contract.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Samuel Wooten

No reviews

Disposition manager