NOT LISTED FOR SALE

Estimated Value: $667,914 - $768,000

8 Beds
5 Baths
4,691 Sq Ft
$156/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $525,000 $112 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,937/month

22 Days on Market

Highlights

  • Bonus Room
  • Attached Garage
  • Property is near bus stop
  • Fireplace
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

Executive duplex on Madison’s Eastside. Original owners have enjoyed steady rental income over the past 24 years. Currently only one side is fully leased to allow for an owner occupant to begin their real estate investment career but could be easily rented out for the sophisticated investor to add to their portfolio. 114 Emma Ct has recently been completely remodeled throughout including all new flooring, paint, bathrooms, lighting and more. 116 Emma ct has been updated in the last few years. Additionally, property includes 2 fireplaces and a robust sprinkler system, rarely found in rental properties. With easy access to parks, shopping and all the eastside has to offer, this property has it all! Don’t wait!

Last Agent to Sell the Property

Tony Tucci

Realty Executives Cooper Spransy License #68663-94 Listed on: 07/28/2021

Realty Executives Cooper Spransy

Last Buyer's Agent

Joseph Pechauer

CMI Brokers, LLC License #60137-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,215

Year Built

  • Built in 1997

Lot Details

  • 12,632 Sq Ft Lot
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Fireplace
  • Family Room
  • Bonus Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Location

  • Property is near bus stop

Schools

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

Utilities

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

Community Details

  • 2 Units
  • Lange Sunrise Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-113-0705-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,215

Year Built

Built in 1997

Lot Details

0.29 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 1/2 story
  • Barrier Free: Level lot
  • Items Included: 2 refrigerators, 2 stoves, 2 washing machines, 2 dryers, 2 water softeners
  • Miscellaneous: Close to bus line, Water Softener Owned, Building Sprinkler System, Internet - DSL
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached
  • 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: 0.29
  • Zoning: SR-C3

Rental Info

  • Total Income: 24000

Tax Info

  • Net Taxes: 8215
  • Tax Year: 2020
  • Assessor Parcel Number: 0710-113-0705-8

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Sep 24, 2021
Sold by
Schroeckenthaler Thomas R and Schroeckenthaler Jill A
Bought by
Pechauer Joseph
Seller's Agent
Tony Tucci
Realty Executives Cooper Spransy
Buyer's Agent
Joseph Pechauer
CMI Brokers, LLC
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Current Estimated Value
$731,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,729
Avg. Annual Appreciation
7.69%
Original Mortgage
$464,259
Outstanding Balance
$417,810
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$313,919
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pechauer Joseph $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pechauer Joseph $464,259
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $525,000 0.0% $112 / Sq Ft
08/17/2021 08/17/21 Price Changed $525,000 -8.7% $112 / Sq Ft
07/28/2021 07/28/21 For Sale $575,000 -- $123 / 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 $12,644 $682,600 $89,100 $593,500
2024 $21,802 $620,500 $89,100 $531,400
2023 $10,223 $564,100 $83,900 $480,200
2022 $20,900 $525,000 $74,100 $450,900
2021 $8,393 $394,400 $74,100 $320,300
2020 $8,215 $358,500 $67,400 $291,100
2019 $7,862 $341,400 $64,200 $277,200
2018 $7,109 $319,100 $64,200 $254,900
2017 $6,568 $284,900 $58,400 $226,500
2016 $6,129 $259,000 $58,400 $200,600
2015 $6,011 $251,500 $58,400 $193,100
2014 $6,015 $251,500 $58,400 $193,100
2013 $6,819 $251,500 $58,400 $193,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1915838

South Central Wisconsin Multiple Listing Service

APN: 0710-113-0705-8

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