NOT LISTED FOR SALE

Estimated Value: $599,000 - $703,000

5 Beds
2 Baths
2,392 Sq Ft
$271/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $370,000 $155 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,961/month

28 Days on Market

Highlights

  • Property is near a bus stop
  • Laundry Facilities
  • 4-minute walk to Giddings Park
  • Dining Room

About This Home

As of November 2017

Wonderful 2 flat on Madison’s east side includes a 2 car garage with the rents. Each unit has 1 stall. Many area rentals charge extra for a garage. 2nd floor is rented for the cost of a 2 bedroom, but has a front room with nook & closet currently used as a den that makes a perfect 3rd bedroom. There’s also a great walk up attic with potential! 1019 next door is also for sale and a great opportunity for the savvy investor to acquire both for consolidation & long term investment growth. See floor plan in the Docs section. Call for your showings today! UHP Warranty provided.

Last Agent to Sell the Property

Dan Golfinos

First Weber Inc License #40901-94 Listed on: 08/05/2017

First Weber Inc

Last Buyer's Agent

Donald Carter

Stark Company, REALTORS License #56520-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,871

Year Built

  • Built in 1914

Lot Details

  • 5,227

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Additional Features

  • 5,227 Sq Ft Lot
  • Property is near a bus stop
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 0709-131-1425-6

Community Details

Overview

  • 2 Units
  • Brown's Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,871

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 2 story, 2 flat-up and down
  • Miscellaneous: Shared laundry, Close to bus line
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.12
  • Zoning: TR-V1

Rental Info

  • Total Income: 33600

Tax Info

  • Net Taxes: 7871
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-131-1425-6

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2022
Sold by
Mohun Ramratnam
Bought by
Sima And Mohun Ramratnam Revocable Living Tru
Current Estimated Value
$648,651

Purchase Details

Listed on
Aug 5, 2017
Closed on
Oct 18, 2017
Sold by
Lavoncher Jeffrey L and Lavoncher Jessica B
Bought by
Ramratnam Mohun
Seller's Agent
Dan Golfinos
First Weber Inc
Buyer's Agent
Donald Carter
Stark Company, REALTORS
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$277,500
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2011
Sold by
J & J Properties Madison Llc
Bought by
Lavoncher Jeffrey L and Lavoncher Jessica B

Purchase Details

Closed on
Jan 16, 2006
Sold by
Lavoncher Jeffrey L and Lavoncher Jessica B
Bought by
J & J Properties Madison Llc
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
Sima And Mohun Ramratnam Revocable Living Tru -- None Listed On Document
Ramratnam Mohun $370,000 --
Lavoncher Jeffrey L -- None Available
J & J Properties Madison Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramratnam Mohun $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2017 11/15/17 Sold $370,000 -3.9% $155 / Sq Ft
08/05/2017 08/05/17 For Sale $385,000 -- $161 / 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 $18,761 $534,600 $106,300 $428,300
2023 $9,044 $499,600 $106,300 $393,300
2021 $9,657 $453,200 $98,400 $354,800
2020 $9,348 $419,600 $92,000 $327,600
2019 $8,684 $388,500 $83,600 $304,900
2018 $8,255 $370,000 $80,400 $289,600
2017 $8,028 $344,700 $80,400 $264,300
2016 $7,871 $313,400 $74,400 $239,000
2015 $7,082 $295,700 $63,800 $231,900
2014 $7,086 $295,700 $63,800 $231,900
2013 $6,473 $284,300 $61,300 $223,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1811417

South Central Wisconsin Multiple Listing Service

APN: 0709-131-1425-6