NOT LISTED FOR SALE

Estimated Value: $399,000 - $468,693

4 Beds
2 Baths
1,589 Sq Ft
$279/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $422,000 $266 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,420/month

89 Days on Market

Highlights

  • Vaulted Ceiling
  • Property is near a bus stop
  • Forced Air Heating System
  • Wood Flooring
  • Water Softener is Owned
  • Laundry Facilities

About This Home

As of February 2024

Hard-to-find 2 flat located on the eastern isthmus between Madison's lakes. Great opportunity for an owner occupant or investor. Both units currently rented month to month. The home also has a beautiful garden and space for more creative landscaping. The large two car garage with tons of room for storage/workspace is very useful and there is even more space in the basement. The upstairs unit has been recently remodeled with beautiful tile work, flooring, and there is even a mural painted by a local artist. This home has a lot of unique charm and is conveniently located in the booming east Madison corridor with easy access to downtown.

Last Agent to Sell the Property

Stuart Meland

Madcityhomes.Com License #51242-90 Listed on: 10/18/2023

Last Buyer's Agent

Marine Yoo

Real Broker LLC

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,059

Year Built

  • Built in 1919

Lot Details

  • 4,792

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Schools

  • Emerson Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Forced Air Heating System
  • Water Softener is Owned
  • High Speed Internet

Additional Features

  • 4,792 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-064-2301-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,059

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Items Included: 2 refrigerators, 2 ranges, dishwasher, washer, dryer, water softener
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Internet - Cable
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, 1 space

Schools

  • Elementary School: Emerson
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.11
  • Zoning: RES
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6059
  • Tax Year: 2022
  • Assessor Parcel Number: 0710-064-2301-7

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Feb 8, 2024
Sold by
Collier Taylor Grace
Bought by
Davis Lex Wayne and Gill Molly Ann
Seller's Agent
Stuart Meland
Madcityhomes.Com
Buyer's Agent
Marine Yoo
Real Broker LLC
List Price
$420,000
Sold Price
$422,000
Premium/Discount to List
$2,000
0.48%
Views
194
Current Estimated Value
$443,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,673
Avg. Annual Appreciation
2.92%
Original Mortgage
$337,600
Outstanding Balance
$331,302
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$112,371

Purchase Details

Closed on
May 5, 2015
Sold by
Schwall James L
Bought by
Collier Taylor Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,400
Interest Rate
3.68%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Davis Lex Wayne $422,000 None Listed On Document
Collier Taylor Grace $201,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Lex Wayne $337,600
Previous Owner Collier Taylor Grace $171,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $422,000 +0.5% $266 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
10/18/2023 10/18/23 For Sale $420,000 -- $264 / 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 $13,047 $388,400 $83,900 $304,500
2023 $6,219 $363,000 $78,400 $284,600
2021 $5,780 $284,300 $63,100 $221,200
2020 $5,791 $263,200 $58,400 $204,800
2019 $5,684 $263,200 $58,400 $204,800
2018 $5,770 $239,300 $58,400 $180,900
2017 $4,857 $217,500 $53,100 $164,400
2016 $4,598 $201,400 $53,100 $148,300
2015 $4,950 $206,700 $47,700 $159,000
2014 $4,799 $206,700 $47,700 $159,000
2013 $4,641 $200,700 $46,300 $154,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1966001

South Central Wisconsin Multiple Listing Service

APN: 0710-064-2301-7