NOT LISTED FOR SALE

1202 Chandler St Madison, WI 53715

Greenbush Neighborhood

Estimated Value: $954,000 - $1,163,667

4 Beds
4 Baths
285 Sq Ft
$3,715/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2018

Last sale price $660,000 $2,316 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,142 / mo

7 Days on Market

Highlights

  • Property is near bus stop
  • Water Softener is Owned
  • 4-minute walk to Edward Klief Park
  • Randall Elementary School Rated A
  • Forced Air Heating System

About This Home

As of March 2018

Rare investment opportunity to own a 5-unit in the Vilas area, close to Edgewood, UW, St. Mary’s and restaurants. All units rented until 8/2019 (landlord pays utilities) and plenty of room for rent increases. Garage, tandem parking stalls, coin-op laundry, and very friendly/responsible tenants. Seller utilizing a 1031 Tax Exchange ***5th Unit, 2 bed, 1 bath, lease ending 8/15/19, rent=$2000, 1 parking space. Seller is a Wisconsin Licensee.

Last Agent to Sell the Property

Seth Pfaehler

The McGrady Group, LLC License #58575-90 Listed on: 02/14/2018

Co-Listed By

Matt McGrady

The McGrady Group, LLC License #53795-90

Last Buyer's Agent

Art Luetke

Luetke Investment Real Estate License #25925-90

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,916

Year Built

  • Built in 1909

Lot Details

  • 3,920

Home Design

  • Vinyl Siding

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 2 Open Parking Spaces
  • 1 Covered Space
  • On-Street Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Individual Controls for Heating
  • Water Softener is Owned

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,920 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-224-2220-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,916

Year Built

Built in 1909

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Sellers and Tenants personal Items
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

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, 2 spaces

Schools

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

Lot Info

  • Estimated Aces: 0.09
  • Zoning: TR-C3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 70060

Tax Info

  • Net Taxes: 12916
  • Tax Year: 2017
  • Assessor Parcel Number: 0709-224-2220-2

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of2 Bedrooms: 1
  • Number Of Units: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
Mar 27, 2018
Sold by
Bought by
Seller's Agent
Seth Pfaehler
The McGrady Group, LLC
Buyer's Agent
Art Luetke
Luetke Investment Real Estate
List Price
$660,000
Sold Price
$660,000
Current Estimated Value
$1,058,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,834
Avg. Annual Appreciation
5.82%

Purchase Details

Closed on
Dec 4, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,982
Interest Rate
3.96%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Greenbush, WI

  • Ellen Werdan Real Estate Agent - Restaino & Associates

    Ellen Werdan

    Restaino & Associates

    (608) 292-3813

    50 Total Sales

    1 in Greenbush

    $450,932 Price

    Ellen Werdan
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  • Bart Baker Real Estate Agent - First Weber, Inc

    Bart Baker

    First Weber, Inc

    (608) 292-3953

    138 Total Sales

    1 in Greenbush

    $413,000 Price

    Bart Baker
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  • Peiling Fan Real Estate Agent - Starlight Realty

    Peiling Fan

    Responds Quickly

    Starlight Realty

    (608) 422-4762

    43 Total Sales

    1 in Greenbush

    $532,500 Price

    Peiling Fan
     Section Image
  • Jennifer Geils Real Estate Agent - Stark Company, REALTORS

    Jennifer Geils

    Stark Company, REALTORS

    (845) 643-1031

    48 Total Sales

    2 in Greenbush

    $302K - $408K Price Range

    Jennifer Geils
     Section Image
  • Areal Guenther Real Estate Agent - Realty Executives Cooper Spransy

    Areal Guenther

    Realty Executives Cooper Spransy

    (608) 292-6261

    97 Total Sales

    1 in Greenbush

    $413,000 Price

    Areal Guenther
     Section Image
  • Keith McNeely Real Estate Agent - First Weber Inc

    Keith McNeely

    First Weber Inc

    (608) 544-8509

    100 Total Sales

    2 in Greenbush

    $400K - $613K Price Range

    Keith McNeely
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$660,000 --
$530,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $108,750
Previous Owner $293,982
Previous Owner $231,672
Previous Owner $168,535
Previous Owner $232,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $660,000 0.0% $2,316 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $660,000 -- $2,316 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,729 $848,000 $98,000 $750,000
2023 $13,255 $730,000 $89,000 $641,000
2022 $27,295 $693,000 $81,000 $612,000
2021 $14,103 $660,000 $74,000 $586,000
2020 $14,750 $660,000 $74,000 $586,000
2019 $14,808 $660,000 $74,000 $586,000
2018 $12,466 $557,000 $73,300 $483,700
2017 $12,916 $557,000 $73,300 $483,700
2016 $12,625 $530,000 $66,300 $463,700
2015 $11,673 $462,300 $66,300 $396,000
2014 $11,122 $462,300 $66,300 $396,000
2013 $10,686 $449,300 $66,300 $383,000
Source: Public Records

Agents Affiliated with this Home

  • Seth Pfaehler Real Estate Agent - The McGrady Group, LLC

    Seller's Agent in 2018

    Seth Pfaehler

    The McGrady Group, LLC

    (608) 338-4812

    3 in this area

    435 Total Sales

    Seth Pfaehler
    Section Image
  • Matt McGrady Real Estate Agent - The McGrady Group, LLC

    Seller Co-Listing Agent in 2018

    Matt McGrady

    The McGrady Group, LLC

    (608) 772-3640

    4 in this area

    350 Total Sales

    Matt McGrady
    Section Image

  • A

    Buyer's Agent in 2018

    Art Luetke

    Luetke Investment Real Estate

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1822519

South Central Wisconsin Multiple Listing Service

APN: 0709-224-2220-2

Wisconsin Dane County Madison 53715 Greenbush

1202 Chandler St, Madison, WI

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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