NOT LISTED FOR SALE

1417 Loreen Dr Madison, WI 53711

Prairie Hills Neighborhood

Estimated Value: $361,000 - $445,000

5 Beds
2 Baths
1,856 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $214,500 $116 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,111/month

9 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Vel Phillips Memorial High School Rated A
  • Family Room
  • 3-minute walk to Hammersley Park

About This Home

As of May 2018

Affordable duplex with great cash flow on Madison's west side. New furnaces and electrical boxes in both units installed in 2017. Huge back yards backing to city green space, long term tenants, rental weatherization on file. 24 Hour notice for showings

Last Agent to Sell the Property

Brandon Mortenson

Preferred Realty Group License #61737-94 Listed on: 04/02/2018

Last Buyer's Agent

Matt Kornstedt

Stark Company, REALTORS License #54358-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,840

Year Built

  • Built in 1972

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0708-364-0550-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,840

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
  • Noi Year: 2017
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Water Heaters: 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

Schools

  • School District: Madison
  • Elementary School: Call School District
  • Middle School: Call School District
  • High School: Call School District
  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Madison

Lot Info

  • Estimated Aces: 0.21
  • Zoning: SR-C3

Rental Info

  • Total Income: 21720

Tax Info

  • Land Assessment: 67200
  • Improvements: 100800
  • Total Assessment: 168000
  • Assessment year: 2017
  • Net Taxes: 3840
  • Tax Year: 2017
  • Assessor Parcel Number: 0708-364-0550-0

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 29, 2018
Sold by
Bhek Properties Llc
Bought by
Utterback Landon and Utterback Rachel
Seller's Agent
Brandon Mortenson
Preferred Realty Group
Buyer's Agent
Matt Kornstedt
Stark Company, REALTORS
List Price
$209,900
Sold Price
$214,500
Premium/Discount to List
$4,600
2.19%
Total Days on Market
9
Current Estimated Value
$398,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,066
Avg. Annual Appreciation
7.45%
Original Mortgage
$210,614
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2017
Sold by
Mortenson Brandon and Mortenson Heather
Bought by
Bhek Properties Llc

Purchase Details

Closed on
May 18, 2017
Sold by
Frymark James M and Bina Frymark Mary J
Bought by
The James M Frymark And Mary J Bina Frym

Purchase Details

Closed on
Aug 17, 2005
Sold by
Frymark James M and Bina Frymark Mary J
Bought by
Frymark James M and Bina Frymark Mary J
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
Utterback Landon $214,500 None Available
Bhek Properties Llc -- None Available
The James M Frymark And Mary J Bina Frym $170,000 None Available
Frymark James M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Utterback Rachel J $212,800
Closed Utterback Landon $210,614
Previous Owner Grymark James M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Off Market $214,500 -- --
05/30/2018 05/30/18 Sold $214,500 +2.2% $116 / Sq Ft
05/21/2018 05/21/18 For Sale $209,900 -2.1% $113 / Sq Ft
05/12/2018 05/12/18 Off Market $214,500 -- --
04/02/2018 04/02/18 For Sale $209,900 -- $113 / 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 $11,482 $344,200 $110,600 $233,600
2023 $5,631 $312,900 $100,500 $212,400
2021 $5,139 $243,000 $78,000 $165,000
2020 $4,628 $209,500 $67,200 $142,300
2019 $4,647 $209,500 $67,200 $142,300
2018 $4,462 $201,600 $67,200 $134,400
2017 $3,840 $168,000 $67,200 $100,800
2016 $3,991 $157,000 $67,200 $89,800
2015 $3,442 $141,200 $67,200 $74,000
2014 $3,343 $141,200 $67,200 $74,000
2013 $4,350 $148,600 $65,200 $83,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brandon Mortenson

    Preferred Realty Group

    (608) 577-7621

    67 Total Sales

    Brandon Mortenson
    Section Image
  • Matt Kornstedt

    Buyer's Agent in 2018

    Matt Kornstedt

    Stark Company, REALTORS

    (608) 345-7943

    8 in this area

    1,834 Total Sales

    Matt Kornstedt
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1826435

South Central Wisconsin Multiple Listing Service

APN: 0708-364-0550-0

Wisconsin Dane County Madison 53711 Prairie Hills

1417 Loreen Dr, Madison, WI

This home is located at 1417 Loreen Dr, Madison, WI 53711 since 02 April 2018 and is currently estimated at $398,566, approximately $214 per square foot. This property was built in 1972. 1417 Loreen Dr is a home located in Dane County with nearby schools including Orchard Ridge Elementary School, Toki Middle School, and Vel Phillips Memorial High School.

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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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