NOT LISTED FOR SALE

1133 Vilas Ave Madison, WI 53715

Greenbush Neighborhood

Estimated Value: $644,000 - $762,000

5 Beds
3 Baths
2,235 Sq Ft
$316/Sq Ft Est. Value

Last Sold July 05, 2024

Last sale price $725,000 $324 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,265/month

8 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Property is near a bus stop
  • Hamilton Middle School Rated A
  • Balcony
  • 5-minute walk to Bear Mound Park

About This Home

As of July 2024

LOCATION, Location, location!!! Greenbush/Vilas neighborhood is only blocks from SSM Health St. Mary's Hospital on Park Street and UW-Madison college campus. 3-unit apartment building with a 100% occupancy in the last 15 years. The owner has done all the hard work for you! Renovated all 3 apartments in 2023 and leased thru 2025! Refinished hardwood floors in all 3 units have been beautified and ready to last another decade. Total gross annual income is over $60,000 and priced just over a 12 GIM. Located within walking distance to Camp Randall which means you can park cars on your lot for Badger Football home games! Tenants pay gas and electric. Central air added. Coin-op laundry in basement. All 3 units have a private patio/balcony. Never a vacancy due to the great location.

Last Agent to Sell the Property

Matthew Pantzlaff

Homestead Realty License #73316-94 2092-10 Listed on: 05/24/2024

Homestead Realty

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,369

Year Built

  • Built in 1894

Lot Details

  • 5,881

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Den
  • Wood Flooring
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating

Additional Features

  • Balcony
  • 5,881 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-224-3311-8

Community Details

Overview

  • 3 Units
  • Greenbush Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $34,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,369

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Personal Property of Seller and Personal Property of Tenants
  • Items Included: 3 Refrigerators, 3 Stoves, 1 Coin-op Washer, 1 Coin-op Dryer, 3 Water Heaters, 3 Gas Furnaces, 3 Central Air Conditioners, 0 Water Softeners, 0 Garbage Disposals
  • Miscellaneous: Shared laundry, Close to bus line
  • Noi Year: 2024
  • Year Built: 1894
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Furnaces: 3
  • Number Refrigerators: 3
  • Number Stoves: 3
  • Number Units W Ac: 3
  • Number Washers: 1
  • Number Water Heaters: 3

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, Outside
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 26450

Schools

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

Lot Info

  • Estimated Aces: 0.135
  • Zoning: TR-C3

Rental Info

  • Total Income: 60960

Tax Info

  • Land Assessment: 135600
  • Improvements: 359500
  • Total Assessment: 495100
  • Assessment year: 2024
  • Net Taxes: 8369
  • Tax Year: 2023
  • Assessor Parcel Number: 0709-224-3311-8

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of3 Bedrooms: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jul 5, 2024
Sold by
Badger Alumni Properties Llc
Bought by
Hunt Peter A
Seller's Agent
Matthew Pantzlaff
Homestead Realty
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%
Views
46
Current Estimated Value
$706,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,730
Avg. Annual Appreciation
-3.31%
Original Mortgage
$580,000
Outstanding Balance
$575,620
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$121,143

Purchase Details

Closed on
Apr 30, 2009
Sold by
Olson Kysa M
Bought by
Badger Alumni Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.88%
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
Hunt Peter A $725,000 None Listed On Document
Badger Alumni Properties Llc $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Peter A $580,000
Previous Owner Badger Alumni Properties Llc $220,000
Previous Owner Badger Alumni Properties Llc $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $725,000 -3.2% $324 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $749,000 -- $335 / 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 $17,362 $495,100 $135,600 $359,500
2023 $8,369 $462,700 $104,300 $358,400
2021 $7,923 $372,500 $89,500 $283,000
2020 $8,290 $372,500 $89,500 $283,000
2019 $8,001 $358,200 $86,100 $272,100
2018 $7,604 $341,100 $79,700 $261,400
2017 $7,155 $310,100 $79,700 $230,400
2016 $6,999 $295,300 $73,800 $221,500
2015 $6,731 $267,800 $67,600 $200,200
2014 $6,410 $267,800 $67,600 $200,200
2013 $5,913 $260,000 $63,200 $196,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Matthew Pantzlaff

    Homestead Realty

    (608) 239-0367

    1 in this area

    16 Total Sales

    Matthew Pantzlaff
    Section Image

  • S

    Buyer's Agent in 2024

    SCWMLS Non-Member

    South Central Non-Member

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1978035

South Central Wisconsin Multiple Listing Service

APN: 0709-224-3311-8

Wisconsin Dane County Madison 53715 Greenbush

1133 Vilas Ave, Madison, WI

This home is located at 1133 Vilas Ave, Madison, WI 53715 since 24 May 2024 and is currently estimated at $706,270, approximately $316 per square foot. This property was built in 1894. 1133 Vilas Ave is a home located in Dane County with nearby schools including Franklin Elementary School, Hamilton Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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