NOT LISTED FOR SALE

Estimated Value: $542,812 - $787,000

8 Beds
4 Baths
3,800 Sq Ft
$175/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2016

Last sale price $280,000 $74 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $4,582 / mo

98 Days on Market

Highlights

  • Balcony
  • Property is near bus stop
  • Family Room
  • West High School Rated A
  • Dining Room
  • 4-minute walk to Aldo Leopold Park

About This Home

As of March 2016

Well maintained 4 unit with great cash flow and solid rental history. Income/Expense report available to show this is a great investment. Take advantage of the low interest rates and the high rental occupancy rates today with this solid investment. Very low maintenance as each unit has electric heat and separate meters (paid by the tenants) plus private laundry. $10k spent on recent updates for landscaping and unit remodeling. Call today for more info or to set up a showing. (24 hr. notice required)

Last Agent to Sell the Property

Steven Schuster

RE/MAX Preferred License #52672-94 Listed on: 10/24/2015

RE/MAX Preferred

Last Buyer's Agent

Justin Pusateri

EXP Realty, LLC License #78923-94

EXP Realty, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,785

Year Built

  • Built in 1980

Lot Details

  • 0.31

Parking

  • Outside Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • Family Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Schools

  • Leopold Elementary School
  • Cherokee Heights Middle School
  • West High School

Utilities

  • Radiant Heating System
  • Separate Meters

Additional Features

  • Balcony
  • 13,504 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 4 Units
  • Net Operating Income $21,180

Listing and Financial Details

  • Assessor Parcel Number 0609-032-0712-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,785

Year Built

Built in 1980

Lot Details

0.31 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Miscellaneous: Close to bus line
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 4
  • Number Dryers: 4
  • Number Washers: 4

Exterior Features

  • Exterior: Vinyl, Brick, Stone

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 15780

Schools

  • Elementary School: Leopold
  • High School: West
  • Middle School: Cherokee Heights
  • School District: Madison

Lot Info

  • Estimated Aces: 0.31
  • Zoning: R4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 36960

Tax Info

  • Net Taxes: 5785
  • Tax Year: 2015
  • Assessor Parcel Number: 0609-032-0712-9

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of Units: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2015
Closed on
Mar 31, 2016
Sold by
Bought by
Seller's Agent
Steven Schuster
RE/MAX Preferred
Buyer's Agent
Justin Pusateri
EXP Realty, LLC
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Current Estimated Value
$664,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,953
Avg. Annual Appreciation
8.69%
Original Mortgage
$256,410
Outstanding Balance
$198,596
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$466,357

Purchase Details

Closed on
May 31, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Arbor Hills, WI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$280,000 Knight Barry Title Svcs Llc
$330,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $256,410
Previous Owner $125,428
Previous Owner $236,250
Previous Owner $66,000
Previous Owner $264,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $280,000 -6.6% $74 / Sq Ft
01/30/2016 01/30/16 Pending -- -- --
10/24/2015 10/24/15 For Sale $299,900 -- $79 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,126 $582,400 $106,000 $476,400
2023 $8,502 $450,000 $96,000 $354,000
2022 $16,694 $408,000 $87,000 $321,000
2021 $7,546 $355,000 $79,000 $276,000
2020 $6,863 $309,000 $78,400 $230,600
2019 $6,653 $294,000 $78,400 $215,600
2018 $6,228 $280,000 $78,400 $201,600
2017 $6,453 $280,000 $78,400 $201,600
2016 $5,721 $242,000 $71,400 $170,600
2015 $5,781 $242,000 $71,400 $170,600
2014 $5,785 $242,000 $71,400 $170,600
2013 $6,651 $242,000 $71,400 $170,600
Source: Public Records

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1760871

South Central Wisconsin Multiple Listing Service

APN: 0609-032-0712-9

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