NOT LISTED FOR SALE

Estimated Value: $485,000 - $526,000

6 Beds
4 Baths
2,590 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $360,000 $139 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,161/month

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Balcony
  • Property is near a bus stop
  • Water Softener is Owned

About This Home

As of August 2021

This duplex has been well maintained for decades, it is located in quiet cul-de-sac, and units have long rental histories. Each unit features 3 bedrooms (2 upstairs, 1 downstairs), each has 1 1/2 baths, and 1 car garages. Units include additional parking pads added next to the driveways for off street parking. Tenants pay all utilities and snow removal, current owner mows the lawns but it's stated in the leases that tenants are responsible for lawn mowing. Unit 112 had new Furnace and Central Air units installed in 2020. 112 Also had a new water softener installed 2019. Below market rents, all measurements are approximate, buyer to verify if important.Tenant occupied please allow 24 hours for showings requests and 48-72 hours to for binding acceptance.

Last Agent to Sell the Property

Jason Brakmanis

Realty 2.0 License #80034-94 Listed on: 07/18/2021

Last Buyer's Agent

Alex Drucker

Drucker Realty License #53399-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,261

Year Built

  • Built in 1978

Lot Details

  • 0.39 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • Family Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Finished Basement

  • Partial Basement
  • Basement Windows

Parking

  • Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Driveway Level

Schools

  • Elvehjem Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Softener is Owned
  • High Speed Internet

Additional Features

  • Low Pile Carpeting
  • Balcony
  • Property is near a bus stop

Community Details

  • 2 Units
  • Voss Sunrise Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-113-0517-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,261

Year Built

Built in 1978

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
  • Barrier Free: Level drive, Level lot, Low pile or no carpeting
  • Items Excluded: Sellers/Tenants Personal Items
  • Items Included: 2 Refrigerators, 2 Stove/Ranges, 2 Dishwashers, 2 disposals, 2 Washers, 2 Dryers, 2 Water Softeners.
  • Miscellaneous: Close to bus line, Water Softener Owned, Internet - Cable
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Full size windows/Exposed, Finished, Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Wood, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 1
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

  • Elementary School: Elvehjem
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison

Lot Info

  • Estimated Aces: 0.39
  • Zoning: SR-C3

Rental Info

  • Total Income: 27300

Tax Info

  • Net Taxes: 5261
  • Tax Year: 2020
  • Assessor Parcel Number: 0710-113-0517-7

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2021
Closed on
Aug 31, 2021
Sold by
Jer-Dee Properties Iii Llc
Bought by
Drucker Alexander and Drucker Mary
Seller's Agent
Jason Brakmanis
Realty 2.0
Buyer's Agent
Alex Drucker
Drucker Realty
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Current Estimated Value
$504,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,856
Avg. Annual Appreciation
8.47%
Original Mortgage
$270,000
Outstanding Balance
$245,313
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$259,543

Purchase Details

Closed on
Nov 8, 2005
Sold by
Koepp Jerome L and Koepp Dorothy M
Bought by
Jer Dee Properties Iii Llc
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
Drucker Alexander $360,000 Nations Title
Jer Dee Properties Iii Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drucker Alexander $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $360,000 +2.9% $139 / Sq Ft
07/18/2021 07/18/21 For Sale $350,000 -- $135 / 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 $16,768 $425,500 $89,600 $335,900
2023 $7,157 $386,800 $84,400 $302,400
2021 $5,536 $261,500 $74,600 $186,900
2020 $5,262 $237,700 $67,800 $169,900
2019 $5,028 $226,400 $64,600 $161,800
2018 $4,688 $211,600 $64,600 $147,000
2017 $4,328 $188,900 $58,700 $130,200
2016 $4,036 $171,700 $58,700 $113,000
2015 $3,958 $163,200 $58,700 $104,500
2014 $3,876 $163,200 $58,700 $104,500
2013 $4,347 $163,200 $58,700 $104,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1914919

South Central Wisconsin Multiple Listing Service

APN: 0710-113-0517-7