127 Pleasant St · Sharon, WI 53585

$205,000

4 bd · 1.5 ba · 2,000 sqft · SingleFamily · 206 Days on market

Built 1850 0.47 ac lot Est $274k · 25% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.9/30.0
• ARV discount +15.0/15.0
• DSCR +4.9/10.0
• 1% rule +4.7/10.0
• Livability +3.2/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Are you ready to get away from the hustle & bustle to enjoy small town living at its finest? This historic home looks like a new build from the exterior w/ newer siding, roof & gutters (2018)! Gorgeous wrap around porch invites you to enjoy your morning coffee. Large kitchen w/ tons of counter space & breakfast bar peninsula, opens into dining room w/ HWD floors & original built-in china cabinet. Living room has faux FP & plenty of room to entertain. 2 generous bedrooms on the main level for 1st floor master or in-law arrangement. 2nd level has 4th bedroom & Master w/ 2 WIC's. Enjoy summer nights on the back deck with a glass of wine, enjoying the serene setting of the fully fenced yard, XT large shed (2018) and pool (2019)! Walking distance to downtown Sharon!

Key facts

• 0.47 acre lot
• 2 garage spots
• Built 1850

Property features AI

Finance

• Other: Includes stove, refrigerator(s), garbage disposal, dishwasher, washer, dryer, water softener, EDO remotes (2), and any personal property left by seller at seller's discretion (no monetary value); Excludes microwave and freezer

Exterior

• Parking: 1 off-street parking space; Detached 2-car garage with opener
• Utilities: Municipal water; Municipal sewer; Natural gas
• Home design: Single-family home; 2-story; Vinyl exterior; Zoned RS2
• Construction: Vinyl construction; Stone foundation; Year built per assessor/public record
• Exterior features: Patio; Fenced yard; Garden shed (outbuilding); Sidewalks

Interior

• Kitchen: Dishwasher; Garbage disposal; Oven/Range; Refrigerator; Pantry
• Bedrooms: Master bedroom (upper) approximately 14 x 15; Second bedroom (upper) approximately 15 x 12; Third bedroom (main) approximately 15 x 12; Fourth bedroom (main) approximately 10 x 12
• Flooring: Wood floors
• Bathrooms: One full bath with shower over tub; One half bath; Tub-only option noted
• Heating & cooling: Forced air heating (natural gas); Central air; Approximately six window air units noted in inclusions
• Interior features: Water softener; Pantry; Wood floors; Crawl space, full, stone basement
• Laundry & utility: Washer; Dryer; Water softener

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $97 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $200k (2.7% below list).
• Recommended offer: $180k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#498 in WI) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Big Foot Uhs School District (town): math 30% / reading 35% proficiency, ranked #351 of 426 in WI (top 82%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Sharon Community (math 22% / reading 37%, grade F, #705 of 1,041 statewide, top 71%, 196 students, 2% FRL); Virtual Academy of Agriculture Science And Technology (12 students, 25% FRL, charter); Big Foot High (math 17% / reading 32%, grade F, #287 of 483 statewide, top 71%, 456 students, 34% FRL).
• Market conditions: 9 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 474 units permitted in Walworth County in 2024 (77 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 206 days — a 12% lower offer ($180k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1850 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $180,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 206 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1850 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.97% ✗
• Cap rate: 6.86%
• Cash-on-cash: 2.03%
• DSCR: 1.09
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $274,000
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
127 Pleasant St	0.00mi	4/1.5	2,000 (0%)	1mo	$205,000	$103	99
213 Station St	0.26mi	3/2.0 (-1)	2,019 (+1%)	8mo	$225,000	$111	73
231 Center St	0.46mi	3/1.5 (-1)	2,018 (+1%)	3mo	$315,000	$156	69
219 Nelson St	0.32mi	4/2.5	2,080 (+4%)	7mo	$196,000	$94	68
144 Seymour St	0.30mi	3/2.5 (-1)	2,133 (+7%)	2mo	$321,500	$151	64
173 Dougall St	0.35mi	5/2.0 (+1)	1,979 (-1%)	13mo	$296,000	$150	64
223 Martin St	0.37mi	3/1.5 (-1)	1,936 (-3%)	14mo	$265,000	$137	61
118 E School St	0.62mi	3/1.0 (-1)	2,094 (+5%)	10mo	$185,000	$88	48
217 Center St	0.43mi	4/2.5	1,700 (-15%)	12mo	$340,000	$200	40
103 Martin St	0.49mi	3/2.0 (-1)	1,823 (-9%)	19mo	$198,000	$109	39
10951 Stateline Rd	0.57mi	3/2.0 (-1)	1,844 (-8%)	20mo	$459,900	$249	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -13.0%
• Equity multiple: 0.53×
• Total profit: $-26,953
• Equity at exit: $30,566

10-year hold

• IRR: -4.0%
• Equity multiple: 0.73×
• Total profit: $-15,212
• Equity at exit: $17,725

Cash invested: $57,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Wisconsin: 73 Landlord-Friendly · R+2
• County: — inherits STATE
• City: — inherits STATE

5-day notice; preempted; Madison / Milwaukee have some local enforcement.

Methodology + full state rankings →

ZIP-level market 53585

• Home prices YoY: -11.3%
• Active inventory: 9
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,995 medium
• Mortgage (P&I): −$1,075
• Tax from tax record: −$318 /mo · $3,819/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$419
• Net cashflow: $97

Break-even live

Break-even rent $1,872

Max offer price $205,000

Occupancy floor 90%

Sensitivity live

Price	-10% $213	-5% $155	+0% $97	+5% $39	+10% $-19
Rent	-10% $-60	-5% $19	+0% $97	+5% $176	+10% $255
Rate	-1.0pp $201	-0.5pp $149	base $97	+0.5pp $44	+1.0pp $-10

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
125 Pleasant St Sharon, WI	3.0	2.0	1490	$1,995	$1.34	14d	1	0.01mi

Listing history 12 events

1. 2026-02-01
   historical Contingent
2. 2026-01-17
   status Active
3. 2025-11-23
   historical Contingent
4. 2025-11-01
   listed $205,000 Active
5. 2020-08-11
   soldstatus $205,000
6. 2020-08-07
   soldstatus $205,000 Closed Sale 807-char remark

   Show marketing remark (807 chars)

   Are you ready to get away from the hustle & bustle to enjoy small town living at its finest? This historic home looks like a new build from the exterior w/ newer siding, roof & gutters (2018)! Gorgeous wrap around porch invites you to enjoy your morning coffee. Large kitchen w/ tons of counter space & breakfast bar peninsula, opens into dining room w/ HWD floors & original built-in china cabinet. Living room has faux FP & plenty of room to entertain. 2 generous bedrooms on the main level for 1st floor master or in-law arrangement. 2nd level has 4th bedroom & Master w/ 2 WIC's. Enjoy summer nights on the back deck with a glass of wine, enjoying the serene setting of the fully fenced yard, XT large shed (2018) and pool (2019)! Walking distance to downtown Sharon!

7. 2020-08-07
   soldstatus $205,000 Sold 807-char remark

   Show marketing remark (807 chars)

   Are you ready to get away from the hustle & bustle to enjoy small town living at its finest? This historic home looks like a new build from the exterior w/ newer siding, roof & gutters (2018)! Gorgeous wrap around porch invites you to enjoy your morning coffee. Large kitchen w/ tons of counter space & breakfast bar peninsula, opens into dining room w/ HWD floors & original built-in china cabinet. Living room has faux FP & plenty of room to entertain. 2 generous bedrooms on the main level for 1st floor master or in-law arrangement. 2nd level has 4th bedroom & Master w/ 2 WIC's. Enjoy summer nights on the back deck with a glass of wine, enjoying the serene setting of the fully fenced yard, XT large shed (2018) and pool (2019)! Walking distance to downtown Sharon!

8. 2020-07-04
   historical Contingent 807-char remark

   Show marketing remark (807 chars)

   Are you ready to get away from the hustle & bustle to enjoy small town living at its finest? This historic home looks like a new build from the exterior w/ newer siding, roof & gutters (2018)! Gorgeous wrap around porch invites you to enjoy your morning coffee. Large kitchen w/ tons of counter space & breakfast bar peninsula, opens into dining room w/ HWD floors & original built-in china cabinet. Living room has faux FP & plenty of room to entertain. 2 generous bedrooms on the main level for 1st floor master or in-law arrangement. 2nd level has 4th bedroom & Master w/ 2 WIC's. Enjoy summer nights on the back deck with a glass of wine, enjoying the serene setting of the fully fenced yard, XT large shed (2018) and pool (2019)! Walking distance to downtown Sharon!

9. 2020-07-01
   status Contingent 807-char remark

   Show marketing remark (807 chars)

   Are you ready to get away from the hustle & bustle to enjoy small town living at its finest? This historic home looks like a new build from the exterior w/ newer siding, roof & gutters (2018)! Gorgeous wrap around porch invites you to enjoy your morning coffee. Large kitchen w/ tons of counter space & breakfast bar peninsula, opens into dining room w/ HWD floors & original built-in china cabinet. Living room has faux FP & plenty of room to entertain. 2 generous bedrooms on the main level for 1st floor master or in-law arrangement. 2nd level has 4th bedroom & Master w/ 2 WIC's. Enjoy summer nights on the back deck with a glass of wine, enjoying the serene setting of the fully fenced yard, XT large shed (2018) and pool (2019)! Walking distance to downtown Sharon!

10. 2020-06-26
    listed $199,900 New 807-char remark

    Show marketing remark (807 chars)

    Are you ready to get away from the hustle & bustle to enjoy small town living at its finest? This historic home looks like a new build from the exterior w/ newer siding, roof & gutters (2018)! Gorgeous wrap around porch invites you to enjoy your morning coffee. Large kitchen w/ tons of counter space & breakfast bar peninsula, opens into dining room w/ HWD floors & original built-in china cabinet. Living room has faux FP & plenty of room to entertain. 2 generous bedrooms on the main level for 1st floor master or in-law arrangement. 2nd level has 4th bedroom & Master w/ 2 WIC's. Enjoy summer nights on the back deck with a glass of wine, enjoying the serene setting of the fully fenced yard, XT large shed (2018) and pool (2019)! Walking distance to downtown Sharon!

11. 2020-06-26
    listed $199,900 Active 807-char remark

    Show marketing remark (807 chars)

    Are you ready to get away from the hustle & bustle to enjoy small town living at its finest? This historic home looks like a new build from the exterior w/ newer siding, roof & gutters (2018)! Gorgeous wrap around porch invites you to enjoy your morning coffee. Large kitchen w/ tons of counter space & breakfast bar peninsula, opens into dining room w/ HWD floors & original built-in china cabinet. Living room has faux FP & plenty of room to entertain. 2 generous bedrooms on the main level for 1st floor master or in-law arrangement. 2nd level has 4th bedroom & Master w/ 2 WIC's. Enjoy summer nights on the back deck with a glass of wine, enjoying the serene setting of the fully fenced yard, XT large shed (2018) and pool (2019)! Walking distance to downtown Sharon!

12. 2000-10-27
    soldstatus $112,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast WI · Partial reset (capped growth)

• Current annual tax: $3,819 · $318/mo
• Projected year-2 tax: $3,819 · $318/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥102°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,940
• − Mortgage interest: −$11,483
• − Property taxes: −$3,819
• − Insurance: −$1,025
• − Repairs & maintenance: −$1,915
• − Management: −$1,915
• − Depreciation: −$5,964
• Taxable loss: −$2,182
• Est. tax savings @ 24.0%: +$524
• After-tax cash flow: $1,691/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Big Foot Uhs School District
• NCES district ID: 5515480
• Math proficiency: 30% ▬ 0.00%
• Reading proficiency: 35% ▬ 0.00%
• Median HH income: $53,009
• Composite: 31.28/100
• National rank: #11239
• State rank: #351 of 426 in WI

Livability — Sharon

• Score: 65/100
• State rank: #498
• US rank: #12588

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment C Housing A+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sharon, WI
• Population (ZIP): 2,238

Population outlook (Walworth County) Hauer SSP2

• Today (2025): 104,803 people
• By 2030: 105,459 · +0.6%
• By 2040: 104,991 · +0.2%
• By 2050: 102,207 · -2.5%
• By 2075: 97,177 · -7.3%
• By 2100: 89,043 · -15.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 21% Two or more races 13% Native American 1%
• Hispanic origin (detail): Mexican 19%
• Common ancestry: Portuguese 7% Romanian 5% Iranian 1%
• Foreign-born: 9% · Canada
• Languages at home: 87% English-only · Spanish 12%

Political lean MEDSL · Walworth

• 2024 margin: Strong R (+22.2) · D 38.3% · R 60.5% · Other 1.2%
• 2008→2024 swing: -19.6pp toward R · 2008: -2.6pp · 2024: -22.2pp
• All cycles: 2024: R+22.2 2020: R+19.2 2016: R+20.1 2012: R+12.4 2008: R+2.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -32.79%
• Current HPI: 256.7069
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.10%
• F500 in state: 20

Industry mix (Fortune 500 HQ in WI)

Industry	F500 HQs	Revenue
▸Industrial Machinery	4	$23B
▸Industrial Technology	2	$36B
▸Insurance	1	$36B
▸Professional Services	1	$19B
▸Utilities	1	$9B
▸Consumer Goods	1	$3B

Price history

+82.2% since first listed

12 events — show timeline

• 2026-02-01 Contingent — METROMLS
• 2026-01-17 Relisted — METROMLS
• 2025-11-23 Contingent — METROMLS
• 2025-11-01 Listed $205,000 METROMLS
• 2020-08-11 Sold (Public Records) $205,000 Public Records
• 2020-08-07 Sold (MLS) $205,000 MRED as Distributed by MLS Grid
• 2020-08-07 Sold (MLS) $205,000 METROMLS
• 2020-07-04 Contingent — METROMLS
• 2020-07-01 Pending — MRED as Distributed by MLS Grid
• 2020-06-26 Listed $199,900 MRED as Distributed by MLS Grid
• 2020-06-26 Listed $199,900 METROMLS
• 2000-10-27 Sold (Public Records) $112,500 Public Records

Property tax history

+0.8%/yr

Latest (2025): $3,819 · -19.2% YoY. Source: county tax records.