NOT LISTED FOR SALE

1321 Carpenter St Madison, WI 53704

Carpenter-Ridgeway Neighborhood

Estimated Value: $569,000 - $691,000

6 Beds
4 Baths
4,028 Sq Ft
$154/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $370,000 $92 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,699/month

Highlights

  • Fireplace
  • Property is near a bus stop
  • Water Softener is Owned
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 2-minute walk to Carpenter-Ridgeway Park

About This Home

As of September 2016

Attention investors! Great TR-V1 Property! Conveniently located and very well maintained. Currently leased through 5/31/2018. Rent increases to $1655 per unit from 6/1/17-5/31/18. Min 24 hour notice is required for all showings. First showings will have limited access to the interior (one side only) due to this property currently being a home health care facility, and tenants have special needs that have to be considered. Landlord pays for water bill, which is approx $15/mos.

Last Agent to Sell the Property

Lori Oakeson

EXP Realty, LLC License #51415-90 Listed on: 08/12/2016

EXP Realty, LLC

Last Buyer's Agent

Lori Jensen

First Weber Inc License #43065-90

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,696

Year Built

  • Built in 1998

Lot Details

  • 9,583

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Family Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Partially Finished Basement

  • Sump Pump
  • Basement Windows

Schools

  • Hawthorne Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • 9,583 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Brigham Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0810-324-0819-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,696

Year Built

Built in 1998

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
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full size windows/Exposed, Partially finished, Sump pump
  • Number Dish Washers: 2
  • Number Units W Ac: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Hawthorne
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.22
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 39360

Tax Info

  • Net Taxes: 6696
  • Tax Year: 2015
  • Assessor Parcel Number: 0810-324-0819-9

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2016
Closed on
Sep 22, 2016
Sold by
Mlctewou Marc K
Bought by
Peterson Joshua G and Peterson Christen M
Seller's Agent
Lori Oakeson
EXP Realty, LLC
Buyer's Agent
Lori Jensen
First Weber Inc
List Price
$369,900
Sold Price
$370,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$619,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,630
Avg. Annual Appreciation
5.84%
Original Mortgage
$330,000
Outstanding Balance
$263,845
Interest Rate
3.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$355,785

Purchase Details

Closed on
Feb 20, 2006
Sold by
Mlatawou Laurie B
Bought by
Mlatawou Marc K
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
Peterson Joshua G $310,000 Attorney
Mlatawou Marc K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Joshua G $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $370,000 0.0% $92 / Sq Ft
08/14/2016 08/14/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $369,900 -- $92 / 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 $17,476 $498,300 $62,000 $436,300
2023 $8,505 $470,100 $58,500 $411,600
2021 $8,735 $407,000 $64,900 $342,100
2020 $8,234 $370,000 $59,500 $310,500
2019 $8,267 $370,000 $56,700 $313,300
2018 $8,255 $370,000 $56,700 $313,300
2017 $8,553 $370,000 $51,500 $318,500
2016 $6,896 $291,000 $51,500 $239,500
2015 $6,697 $307,500 $51,500 $256,000
2014 $7,372 $307,500 $51,500 $256,000
2013 $6,736 $295,700 $49,500 $246,200
Source: Public Records

Agents Affiliated with this Home

  • Lori Oakeson

    Seller's Agent in 2016

    Lori Oakeson

    EXP Realty, LLC

    (608) 220-2195

    41 Total Sales

    Lori Oakeson
    Section Image
  • Lori Jensen

    Buyer's Agent in 2016

    Lori Jensen

    First Weber Inc

    (608) 698-3838

    179 Total Sales

    Lori Jensen
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1783988

South Central Wisconsin Multiple Listing Service

APN: 0810-324-0819-9

Wisconsin Dane County Madison 53704 Carpenter-Ridgeway

1321 Carpenter St, Madison, WI

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