NOT LISTED FOR SALE

1041 Mckenna Blvd Madison, WI 53719

Westside Neighborhood

Estimated Value: $784,506 - $818,000

4 Beds
6 Baths
2,510 Sq Ft
$319/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2024

Last sale price $726,450 $289 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,318 / mo

8 Days on Market

About This Home

As of May 2024

Don't miss this exceptional investment opportunity in West Madison! This multifamily property comprises a total of 6 units, featuring 4 1-bedroom units each with a full bath, along with 2 studios. Additionally, every unit includes a convenient storage room and a patio/deck. The property offers the convenience of coin-operated washer and dryer facilities in the basement. Ideally situated near a shopping center, bus line, schools, and restaurants, this multifamily residence boasts 8 parking spaces and spacious yards for added comfort and convenience.

Last Agent to Sell the Property

Xinli Chen

Restaino & Associates License #59747-90 Listed on: 04/28/2024

Restaino & Associates

Last Buyer's Agent

Derek Morrison

First Weber Hedeman Group License #111333-94|

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,236

Year Built

  • Built in 1986

Lot Details

  • 0.36

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 8 Open Parking Spaces
  • Outside Parking

Schools

  • West Middleton Elementary School
  • Glacier Creek Middle School
  • Middleton High School

Utilities

  • Separate Meters
  • Separate Water Meter

Additional Features

  • Basement Fills Entire Space Under The House
  • 15,682 Sq Ft Lot

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 0708-351-0110-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,236

Year Built

Built in 1986

Lot Details

0.36 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Included: ranger/oven: 6, dishwasher: 6, refrigerator: 6, water heater 2, water softener: 1,
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 6
  • Number Units W Ac: 6
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Electric
  • Parking Stalls Outside: 8

Utilities

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

Schools

  • Elementary School: West Middleton
  • High School: Middleton
  • Middle School: Glacier Creek
  • School District: Middleton-Cross Plains

Lot Info

  • Estimated Aces: 0.36
  • Zoning: SR-V1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 12236
  • Tax Year: 2023
  • Assessor Parcel Number: 0708-351-0110-9

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of Efficiencies: 2
  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2025
Sold by
Capitol One Real Estate Llc
Bought by
Grewal Llc
Current Estimated Value
$801,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$543,595
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$257,658

Purchase Details

Listed on
Apr 28, 2024
Closed on
May 20, 2024
Sold by
Central Harbor Housing Llc
Bought by
Capitol One Real Estate Llc
Seller's Agent
Xinli Chen
Restaino & Associates
Buyer's Agent
Derek Morrison
First Weber Hedeman Group
List Price
$766,400
Sold Price
$726,450
Premium/Discount to List
-$39,950
-5.21%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$499,000
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 15, 2022
Sold by
Hamilton Family Trust
Bought by
Central Harbor Housing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,200
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2018
Sold by
Hamilton William J
Bought by
Hamilton William James and Hamilton Sarah Braden

Purchase Details

Closed on
Dec 3, 2014
Sold by
Ripple Thomas D
Bought by
Ripple Thomas D and Ripple Susan J

Purchase Details

Closed on
Mar 9, 2009
Sold by
Hamilton William J
Bought by
Ripple Thomas D
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
Grewal Llc $775,000 None Listed On Document
Capitol One Real Estate Llc $726,500 None Listed On Document
Central Harbor Housing Llc $729,000 None Listed On Document
Hamilton William James -- None Available
Ripple Thomas D -- None Available
Ripple Thomas D $37,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grewal Llc $550,000
Previous Owner Capitol One Real Estate Llc $499,000
Previous Owner Central Harbor Housing Llc $583,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $726,450 -5.2% $289 / Sq Ft
05/07/2024 05/07/24 For Sale $766,400 +5.5% $305 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
05/02/2024 05/02/24 Off Market $726,450 -- --
04/28/2024 04/28/24 For Sale $766,400 -- $305 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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
2025 $13,196 $775,000 $109,900 $665,100
2024 $24,477 $729,000 $110,000 $619,000
2023 $12,236 $729,000 $100,000 $629,000
2022 $16,769 $450,000 $91,000 $359,000
2021 $7,655 $389,000 $83,000 $306,000
2020 $7,880 $370,000 $83,000 $287,000
2019 $7,878 $370,000 $83,000 $287,000
2018 $7,258 $350,000 $82,300 $267,700
2017 $6,941 $320,000 $82,300 $237,700
2016 $6,897 $308,000 $79,300 $228,700
2015 $7,225 $308,000 $79,300 $228,700
2014 $7,257 $308,000 $79,300 $228,700
2013 $6,951 $299,000 $79,300 $219,700
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2024

    Xinli Chen

    Restaino & Associates

    (608) 287-8969

    11 in this area

    90 Total Sales

    Xinli Chen
    Section Image

  • D

    Buyer's Agent in 2024

    Derek Morrison

    First Weber Hedeman Group

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1976262

South Central Wisconsin Multiple Listing Service

APN: 0708-351-0110-9

Wisconsin Dane County Madison 53719 Westside

1041 Mckenna Blvd, Madison, WI

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South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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