NOT LISTED FOR SALE

1034 High St Unit 2 Madison, WI 53715

Bay Creek Neighborhood

Estimated Value: $599,000 - $833,386

4 Beds
4 Baths
2,162 Sq Ft
$334/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $362,500 $168 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,321/month

Highlights

  • Eat-In Kitchen
  • Accessible Bedroom
  • ENERGY STAR Qualified Appliances
  • Hamilton Middle School Rated A
  • Accessible Full Bathroom
  • Forced Air Heating and Cooling System

About This Home

As of February 2017

Meticulously maintained 4 unit located at the corner of Fish Hatchery & High St! Whether you're looking for cash flow, investment or development opportunity, this property has it all. All units are 1 bed/1 bath & fully leased. Increased cash flow potential with common laundry, huge detached 2-car garage & additional off street parking! All mechanicals are updated & main level units have AC plus tenant storage in lower level. Perfect for buy & hold or long-term development potential!

Last Agent to Sell the Property

Eric Hansen

Stark Company, REALTORS License #57489-90 Listed on: 08/04/2016

Stark Company, REALTORS

Co-Listed By

Brett Hansen

Stark Company, REALTORS License #78014-94

Last Buyer's Agent

Eric Hansen

Stark Company, REALTORS License #57489-90 Listed on: 08/04/2016

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,803

Year Built

  • Built in 1958

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Parking

  • Garage
  • Garage Door Opener
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 0709-262-1401-9

Community Details

Overview

  • 4 Units
  • The community has rules related to parking rules

Building Details

  • Net Operating Income $19,531

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,803

Year Built

Built in 1958

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: First floor bedroom, First floor full bath
  • Miscellaneous: Water Softener Owned
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 3
  • Number Dryers: 1
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Detached, 1 space, 2 spaces, Outside, Parking fee, Opener inc
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 14849

Schools

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

Lot Info

  • Estimated Aces: 0.18
  • Zoning: R4
  • Geo Subdivision: WI

Green Features

  • Energy Efficient Green: Energy Star Appliance(s)

Rental Info

  • Total Income: 34380

Tax Info

  • Net Taxes: 6803
  • Tax Year: 2015
  • Assessor Parcel Number: 0709-262-1401-9

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2018
Sold by
High End Properties Llc
Bought by
Wire Investments Ii Llc
Current Estimated Value
$721,847

Purchase Details

Listed on
Aug 4, 2016
Closed on
Feb 28, 2017
Sold by
Faust Joanne K and Faust Joseph E
Bought by
High End Properties Llc
Seller's Agent
Eric Hansen
Stark Company, REALTORS
Buyer's Agent
Eric Hansen
Stark Company, REALTORS
List Price
$399,900
Sold Price
$362,500
Premium/Discount to List
-$37,400
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$271,875
Interest Rate
4.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2005
Sold by
Beer Delberta L
Bought by
Faust Joanne K and Faust Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
5.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Wire Investments Ii Llc $487,000 --
High End Properties Llc $362,500 None Available
Faust Joanne K $292,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner High End Properties Llc $271,875
Previous Owner Faust Joanne K $146,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $362,500 -9.4% $168 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $399,900 -- $185 / 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 $18,421 $525,000 $142,000 $383,000
2023 $9,508 $525,000 $129,000 $396,000
2021 $10,879 $510,000 $106,000 $404,000
2020 $11,379 $510,000 $106,000 $404,000
2019 $10,906 $487,000 $106,100 $380,900
2018 $8,086 $362,500 $106,100 $256,400
2017 $7,582 $328,400 $106,100 $222,300
2016 $7,073 $298,400 $96,100 $202,300
2015 $6,803 $270,700 $88,000 $182,700
2014 $6,480 $270,700 $88,000 $182,700
2013 $5,978 $262,800 $82,200 $180,600
Source: Public Records

Agents Affiliated with this Home

  • Eric Hansen

    Seller's Agent in 2017

    Eric Hansen

    Stark Company, REALTORS

    (608) 219-6506

    186 Total Sales

    Eric Hansen
    Section Image
  • Brett Hansen

    Seller Co-Listing Agent in 2017

    Brett Hansen

    Stark Company, REALTORS

    (608) 438-3833

    187 Total Sales

    Brett Hansen
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1783359

South Central Wisconsin Multiple Listing Service

APN: 0709-262-1401-9

Wisconsin Dane County Madison 53715 Bay Creek

1034 High St Unit 2, Madison, WI

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