NOT LISTED FOR SALE

1406 Loreen Dr Madison, WI 53711

Prairie Hills Neighborhood

Estimated Value: $362,000 - $505,000

5 Beds
2 Baths
900 Sq Ft
$460/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $220,000 $244 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,579/month

1 Day on Market

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Family Room
  • Spring Harbor Middle School Rated A-
  • Dining Room
  • 3-minute walk to Hammersley Park

About This Home

As of May 2019

Well Maintained duplex New wood and painted exterior new paint and carpet throughout the unit good for 1st time home buyer or investment.

Last Agent to Sell the Property

Josh Stearns

South Central Non-Member License #53640-90 Listed on: 04/01/2019

Last Buyer's Agent

Andrew Cronin

Stark Company, REALTORS License #79192-94

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,965

Year Built

  • Built in 1972

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 2 Open Parking Spaces
  • Outside Parking

Schools

  • Elvehjem Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Separate Water Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0708-364-1916-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,965

Year Built

Built in 1972

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, 1 story
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • 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: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, Outside
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

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

Lot Info

  • Estimated Aces: 0.2
  • Zoning: R3

Rental Info

  • Total Income: 900

Tax Info

  • Net Taxes: 4965
  • Tax Year: 2018
  • Assessor Parcel Number: 0708-364-1916-3

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Apr 30, 2019
Sold by
Cozi Properties Llc
Bought by
Vaassen Casey T
Seller's Agent
Josh Stearns
South Central Non-Member
Buyer's Agent
Andrew Cronin
Stark Company, REALTORS
List Price
$210,000
Sold Price
$220,000
Premium/Discount to List
$10,000
4.76%
Current Estimated Value
$414,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,010
Avg. Annual Appreciation
10.01%
Original Mortgage
$187,000
Outstanding Balance
$164,411
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$249,599

Purchase Details

Listed on
Jan 9, 2012
Closed on
Aug 29, 2012
Sold by
The Park Bank
Bought by
Cozi Properties Llc
Seller's Agent
Mary Parish
First Weber, Inc
Buyer's Agent
Josh Stearns
South Central Non-Member
List Price
$110,000
Sold Price
$80,000
Premium/Discount to List
-$30,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.12%

Purchase Details

Closed on
Oct 7, 2011
Sold by
Garcia Julie A and Case #10-Cv-2417
Bought by
The Park Bank

Purchase Details

Closed on
Dec 2, 2005
Sold by
Loy Dennis D and Loy Elizabeth A
Bought by
Arreola Jose Garcia and Garcia Rosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,725
Interest Rate
6.36%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Vaassen Casey T $220,000 None Available
Cozi Properties Llc $80,000 None Available
The Park Bank $105,000 None Available
Arreola Jose Garcia $192,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaassen Casey T $187,000
Previous Owner Arreola Jose Garcia $188,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2019 05/31/19 Sold $220,000 +4.8% $244 / Sq Ft
04/01/2019 04/01/19 For Sale $210,000 +162.5% $233 / Sq Ft
08/24/2012 08/24/12 Sold $80,000 -27.3% $43 / Sq Ft View Prior Sale
08/09/2012 08/09/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $110,000 -- $59 / 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
2023 $5,585 $310,400 $98,000 $212,400
2022 $10,911 $279,600 $88,300 $191,300
2021 $5,096 $241,000 $76,100 $164,900
2020 $4,864 $220,000 $65,600 $154,400
2019 $4,581 $206,600 $65,600 $141,000
2018 $4,966 $204,600 $65,600 $139,000
2017 $5,446 $170,500 $65,600 $104,900
2016 $5,372 $159,300 $65,600 $93,700
2015 $3,406 $138,400 $65,600 $72,800
2014 $3,275 $138,400 $65,600 $72,800
2013 $4,870 $145,700 $63,700 $82,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Josh Stearns

    South Central Non-Member

  • Andrew Cronin

    Buyer's Agent in 2019

    Andrew Cronin

    Stark Company, REALTORS

    (608) 772-7293

    26 Total Sales

    Andrew Cronin
    Section Image

  • M

    Seller's Agent in 2012

    Mary Parish

    First Weber, Inc

    (608) 516-1743

    5 Total Sales

    Mary Parish
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1853163

South Central Wisconsin Multiple Listing Service

APN: 0708-364-1916-3

Wisconsin Dane County Madison 53711 Prairie Hills

1406 Loreen Dr, Madison, WI

Not Listed for Sale

MultiFamily

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