NOT LISTED FOR SALE

1011 Emerald St Madison, WI 53715

Greenbush Neighborhood

Estimated Value: $715,838 - $807,000

6 Beds
3 Baths
2,750 Sq Ft
$273/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $595,000 $216 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,792/month

59 Days on Market

Highlights

  • Den
  • Balcony
  • Dining Room
  • Hamilton Middle School Rated A
  • Forced Air Heating System
  • Family Room

About This Home

As of October 2022

Attractive all-brick 3-unit building in Greenbush, one of Madison’s most sought-after Neighborhoods. Current owners have invested significantly into the property in recent years with updates including a new concrete driveway, 2 remodeled kitchens, bathroom updates including tub surrounds, CAT6 data in some units, and more. Other benefits include 3 off-street parking spaces, individual storage units for each unit, and available coin-operated laundry facilities. Within walking distance to Lakes, Downtown, the Arboretum, and more, this property is perfect for a first-time investor or sophisticated property owner looking to add to their portfolio. Don’t wait for this one!

Last Agent to Sell the Property

Tony Tucci

Realty Executives Cooper Spransy License #68663-94 Listed on: 06/29/2022

Realty Executives Cooper Spransy

Last Buyer's Agent

The Hub Team

The Hub Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,124

Year Built

  • Built in 1960

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • Family Room
  • Dining Room
  • Den
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 3 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Low Pile Carpeting
  • Balcony

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-233-1701-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,124

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Barrier Free: Level drive, Level lot, Low pile or no carpeting
  • Items Excluded: Sellers and Tenants personal property including tenants in Apt 1 have a mounted tv, it will not be staying with the property
  • Items Included: Refrigerator, Oven/Range, Microwave, Dishwasher, Disposal, Washer, Dryer, Water Softener, Outdoor Storage Unit, Snow blower, Picnic table in back, Window AC units, Misc. materials from current remodels
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 3

Utilities

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

Schools

  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.1
  • Zoning: R3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 42060

Tax Info

  • Net Taxes: 10124
  • Tax Year: 2021
  • Assessor Parcel Number: 0709-233-1701-4

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 3

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Oct 13, 2022
Sold by
Happy Badger Properties Llc
Bought by
Paradox Group Llc
Seller's Agent
Tony Tucci
Realty Executives Cooper Spransy
Buyer's Agent
The Hub Team
The Hub Realty
List Price
$625,000
Sold Price
$595,000
Premium/Discount to List
-$30,000
-4.8%
Current Estimated Value
$751,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,710
Avg. Annual Appreciation
7.51%
Original Mortgage
$446,250
Outstanding Balance
$428,972
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$322,738

Purchase Details

Listed on
Mar 23, 2016
Closed on
May 26, 2016
Sold by
Smale Jeff and Smale Renee
Bought by
Happy Badger Properties Llc
Seller's Agent
Doug Noot
EXP Realty, LLC
Buyer's Agent
Joe Copeland
Realty Executives Cooper Spransy
List Price
$450,000
Sold Price
$438,000
Premium/Discount to List
-$12,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$397,819
Interest Rate
3.56%
Mortgage Type
Commercial
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Paradox Group Llc $595,000 --
Happy Badger Properties Llc -- Attorney
Smale Jeff $438,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradox Group Llc $446,250
Previous Owner Happy Badger Properties Llc $397,819
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2022 10/13/22 Sold $595,000 -4.8% $216 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $625,000 +5.0% $227 / Sq Ft
07/01/2022 07/01/22 Off Market $595,000 -- --
06/29/2022 06/29/22 For Sale $625,000 +42.7% $227 / Sq Ft
05/26/2016 05/26/16 Sold $438,000 -2.7% $159 / Sq Ft View Prior Sale
04/14/2016 04/14/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $450,000 -- $164 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $22,376 $636,700 $168,100 $468,600
2023 $10,788 $595,000 $129,300 $465,700
2022 $21,473 $546,100 $123,100 $423,000
2021 $10,124 $474,900 $110,900 $364,000
2020 $10,422 $467,400 $110,900 $356,500
2019 $10,058 $449,400 $106,600 $342,800
2018 $9,561 $428,000 $98,700 $329,300
2017 $10,139 $438,000 $98,700 $339,300
2016 $8,169 $344,100 $91,400 $252,700
2015 $7,857 $312,100 $83,700 $228,400
2014 $7,483 $312,100 $83,700 $228,400
2013 $6,904 $303,000 $78,200 $224,800
Source: Public Records

Agents Affiliated with this Home

  • Tony Tucci

    Seller's Agent in 2022

    Tony Tucci

    Realty Executives

    (608) 219-9302

    1 in this area

    275 Total Sales

    Tony Tucci
    Section Image

  • T

    Buyer's Agent in 2022

    The Hub Team

    The Hub Realty

    (608) 556-4400

    7 in this area

    266 Total Sales

    The Hub Team
    Section Image
  • Doug Noot

    Seller's Agent in 2016

    Doug Noot

    EXP Realty, LLC

    (608) 663-8323

    2 in this area

    135 Total Sales

    Doug Noot
    Section Image
  • Joe Copeland

    Buyer's Agent in 2016

    Joe Copeland

    Realty Executives

    (608) 658-4946

    1 in this area

    122 Total Sales

    Joe Copeland
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1938378

South Central Wisconsin Multiple Listing Service

APN: 0709-233-1701-4

Wisconsin Dane County Madison 53715 Greenbush

1011 Emerald St, Madison, WI

Not Listed for Sale

MultiFamily

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