NOT LISTED FOR SALE

1313 Loreen Dr Madison, WI 53711

Prairie Hills Neighborhood

Estimated Value: $384,000 - $460,000

5 Beds
2 Baths
1,856 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2019

Last sale price $222,500 $120 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,832 / mo

5 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Vel Phillips Memorial High School Rated A
  • Accessible Bedroom
  • 1-minute walk to Hammersley Park

About This Home

As of September 2019

Buy and start collecting money at less than 9x gross. Fantastic investment opportunity. Updated 2 unit with newer mechanicals, appliances, cabinets & flooring. Full separate basements with individual storage and private laundry. This building has been meticulously maintained and is move-in ready. Ideally located in a quiet neighborhood near public library, schools, shopping, golf & restaurants. Quick commute to down town & Epic with easy access to the Beltline. Great owner occupied opportunity. Tour is of similar unit.

Last Agent to Sell the Property

Gerardo Jimenez

Sprinkman Real Estate License #52378-90 Listed on: 08/06/2019

Last Buyer's Agent

Jack Cheng

Real Broker LLC License #58233-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,581

Year Built

  • Built in 1971

Lot Details

  • 9,357 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • Bathroom on Main Level
  • 1-Story Property
  • Family Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 4 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Anana Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

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

Additional Features

  • Outdoor Storage
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0708-364-0544-3

Community Details

Overview

  • 2 Units
  • Meadowood Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,581

Year Built

Built in 1971

Lot Details

9,357 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot
  • Items Excluded: Sellers and renters' personal property
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Softeners: 2

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: Outside
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Fee Information

  • Total Expenses: 8688

Schools

  • Elementary School: Anana
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Estimated Aces: 0.2148
  • Zoning: SR-C3

Rental Info

  • Total Income: 24900

Tax Info

  • Net Taxes: 4581
  • Tax Year: 2018
  • Assessor Parcel Number: 0708-364-0544-3

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Matterport 3D Tour

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
Aug 6, 2019
Closed on
Sep 27, 2019
Sold by
Bought by
Seller's Agent
Gerardo Jimenez
Sprinkman Real Estate
Buyer's Agent
Jack Cheng
Real Broker LLC
List Price
$224,500
Sold Price
$222,500
Premium/Discount to List
-$2,000
-0.89%
Current Estimated Value
$411,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,772
Avg. Annual Appreciation
9.56%
Original Mortgage
$166,875
Outstanding Balance
$144,239
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$267,033
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

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
$222,500 Wisconsin Title
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
Open $166,875
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
09/27/2019 09/27/19 Sold $222,500 -0.9% $120 / Sq Ft
08/11/2019 08/11/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $224,500 -- $121 / 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 $7,379 $400,400 $110,000 $290,400
2023 $5,960 $330,900 $100,000 $230,900
2022 $11,644 $298,100 $90,100 $208,000
2021 $5,440 $257,000 $77,700 $179,300
2020 $4,920 $222,500 $67,000 $155,500
2019 $4,604 $207,600 $67,000 $140,600
2018 $4,580 $201,600 $67,000 $134,600
2017 $3,961 $168,000 $67,000 $101,000
2016 $3,804 $157,000 $67,000 $90,000
2015 $3,442 $141,200 $67,000 $74,200
2014 $3,343 $141,200 $67,000 $74,200
2013 $4,118 $148,600 $65,000 $83,600
Source: Public Records

Agents Affiliated with this Home

  • Gerardo Jimenez

    Seller's Agent in 2019

    Gerardo Jimenez

    Sprinkman Real Estate

    (608) 469-6651

    1 in this area

    157 Total Sales

    Gerardo Jimenez
    Section Image
  • Jack Cheng

    Buyer's Agent in 2019

    Jack Cheng

    Real Broker LLC

    (608) 957-2683

    1 in this area

    112 Total Sales

    Jack Cheng
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1865318

South Central Wisconsin Multiple Listing Service

APN: 0708-364-0544-3

Wisconsin Dane County Madison 53711 Prairie Hills

1313 Loreen Dr, 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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