NOT LISTED FOR SALE

1401 Loreen Dr Madison, WI 53711

Prairie Hills Neighborhood

Estimated Value: $379,000 - $446,316

5 Beds
2 Baths
1,853 Sq Ft
$229/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2018

Last sale price $204,500 $110 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,899 / mo

1 Day on Market

Highlights

  • Eat-In Kitchen
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Vel Phillips Memorial High School Rated A
  • Property is near bus stop
  • 2-minute walk to Hammersley Park

About This Home

As of August 2018

Westside duplex located just off S. Whitney Way onto Hammersley Rd & Loreen Dr. 1401 Loreen is a 928 sq.ft. 3 bedroom unit with 1 full bath and full basement with laundry hookups. 1403 Loreen is a 928 sq.ft. 2 bedroom unit with 1 full bathroom and full basement with laundry hookups. Fully leased through 2019 with an annual rent income of $23,400. Interior photos were when the unit was vacant. (Seller also has 1421-1423, 1423-1425, 1439,1441 Loreen Dr. listed for sale)

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 06/18/2018

Last Buyer's Agent

Xianjing Shan

OnePlus Realty Team License #52775-90

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,747

Year Built

  • Built in 1971

Lot Details

  • 8,712

Parking

  • Outside Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

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 Leased

Additional Features

  • 8,712 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 070836405469

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,747

Year Built

Built in 1971

Lot Details

8,712 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
  • Miscellaneous: Close to bus line, Water Softener Rented
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Schools

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

Lot Info

  • Estimated Aces: 0.2
  • Zoning: SR-C3

Rental Info

  • Total Income: 23400

Tax Info

  • Net Taxes: 3747
  • Tax Year: 2017
  • Assessor Parcel Number: 070836405469

Multi Family

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

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
Jun 18, 2018
Closed on
Aug 8, 2018
Sold by
Bought by
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Xianjing Shan
OnePlus Realty Team
List Price
$209,900
Sold Price
$204,500
Premium/Discount to List
-$5,400
-2.57%
Current Estimated Value
$423,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,079
Avg. Annual Appreciation
9.54%
Original Mortgage
$613,500
Outstanding Balance
$521,505
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
-$97,926
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Prairie Hills, WI

  • Linda Laitinen Real Estate Agent - Dare To Dream Team Real Broker LLC

    Linda Laitinen

    Responds Quickly

    Dare To Dream Team Real Broker LLC

    (920) 520-2710

    97 Total Sales

    1 in Prairie Hills

    $350,000 Price

    Linda Laitinen
     Section Image
  • Keith McNeely Real Estate Agent - First Weber Inc

    Keith McNeely

    First Weber Inc

    (608) 544-8509

    99 Total Sales

    2 in Prairie Hills

    $525K - $745K Price Range

    Keith McNeely
     Section Image
  • Jerilyn Endrizzi Real Estate Agent - Coldwell Banker Real Estate Group

    Jerilyn Endrizzi

    Coldwell Banker Real Estate Group

    (608) 292-2891

    81 Total Sales

    1 in Prairie Hills

    $239,900 Price

    Jerilyn Endrizzi
     Section Image
  • Jason Iverson Real Estate Agent - T R McKenzie Inc.

    Jason Iverson

    T R McKenzie Inc.

    (608) 292-3946

    72 Total Sales

    1 in Prairie Hills

    $750,000 Price

    Jason Iverson
     Section Image
  • Kelley Muselman Real Estate Agent - Realty Executives Cooper Spransy

    Kelley Muselman

    Realty Executives Cooper Spransy

    (608) 292-6215

    115 Total Sales

    2 in Prairie Hills

    $289K - $427K Price Range

    Kelley Muselman
     Section Image
  • Frank Pohlkamp Real Estate Agent - Assist 2 Sell Homes 4 You Realty

    Frank Pohlkamp

    Assist 2 Sell Homes 4 You Realty

    (608) 292-4041

    72 Total Sales

    1 in Prairie Hills

    $369,000 Price

    Frank Pohlkamp
     Section Image
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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
$818,000 First American 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 $613,500
Previous Owner $130,000
Previous Owner $137,000
Previous Owner $135,000
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
08/08/2018 08/08/18 Sold $204,500 -2.6% $110 / Sq Ft
06/18/2018 06/18/18 For Sale $209,900 -- $113 / 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 $6,806 $369,700 $109,100 $260,600
2023 $5,496 $305,500 $99,200 $206,300
2022 $10,737 $275,200 $89,400 $185,800
2021 $5,014 $237,200 $77,100 $160,100
2020 $4,516 $204,500 $66,500 $138,000
2019 $4,534 $204,500 $66,500 $138,000
2018 $4,354 $196,800 $66,500 $130,300
2017 $3,747 $164,000 $66,500 $97,500
2016 $3,494 $149,100 $66,500 $82,600
2015 $3,205 $130,400 $66,500 $63,900
2014 $3,081 $130,400 $66,500 $63,900
2013 $3,218 $137,300 $64,600 $72,700
Source: Public Records

Agents Affiliated with this Home

  • James Stopple Real Estate Agent - Madison Property Management, Inc.

    Seller's Agent in 2018

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    80 Total Sales

    James Stopple
    Section Image

  • X

    Buyer's Agent in 2018

    Xianjing Shan

    OnePlus Realty Team

    (608) 219-4738

    57 Total Sales

    Xianjing Shan
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1833779

South Central Wisconsin Multiple Listing Service

APN: 0708-364-0546-9

Wisconsin Dane County Madison 53711 Prairie Hills

1401 Loreen Dr, 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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