NOT LISTED FOR SALE

1418 Theresa Terrace Madison, WI 53711

Prairie Hills Neighborhood

Estimated Value: $416,000 - $562,000

8 Beds
4 Baths
2,688 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $130,000 $48 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $3,692/month

125 Days on Market

Highlights

  • Eat-In Kitchen
  • Property is near a bus stop
  • Family Room
  • Spring Harbor Middle School Rated A-
  • Forced Air Heating System

About This Home

As of May 2013

Investment property located on Madison's southwest side priced below assessment. Each side of this duplex has 1344 sq ft of living space with 4 bedrooms and 1.5 baths. New flooring, paint, kitchen and baths on 1420 side. 1418 occupied on M-to-M lease at $1,115/mo. Property being sold AS-IS. Call today!

Last Agent to Sell the Property

Brandon Grosse

Accord Realty License #54913-90 Listed on: 11/15/2012

Last Buyer's Agent

Nate Lancaster

EXP Realty, LLC License #53756-90

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.25

Parking

  • Outside Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 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 System
  • Separate Meters

Additional Features

  • 0.25 Acre Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Meadowood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0708-364-1701-8

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

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
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Water Heaters: 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

Schools

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

Lot Info

  • Estimated Lot Sq Ft: 11096
  • Zoning: R3
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 69200
  • Improvements: 101900
  • Total Assessment: 171100
  • Assessment year: 2011
  • Net Taxes: 4029
  • Tax Year: 2011
  • Assessor Parcel Number: 0708-364-1701-8

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2017
Sold by
Wright Andrew J
Bought by
Wright Investments Llc
Current Estimated Value
$476,396

Purchase Details

Closed on
Oct 19, 2009
Sold by
Haines Nathan and Haines Kellie N
Bought by
Whpc Madison Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,800
Outstanding Balance
$250,917
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$215,549

Purchase Details

Closed on
Apr 30, 2007
Sold by
Walter Street Llc
Bought by
Haines Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Wright Investments Llc -- None Available
Whpc Madison Properties Llc $407,000 None Available
Haines Nathan $212,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Andrew J $102,750
Open Whpc Madison Properties Llc $380,800
Previous Owner Haines Nathan $169,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2013 05/01/13 Sold $130,000 -18.2% $48 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
11/15/2012 11/15/12 For Sale $159,000 -- $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
2024 $13,395 $367,600 $117,000 $250,600
2023 $6,354 $334,200 $106,400 $227,800
2021 $5,761 $259,600 $82,700 $176,900
2020 $5,129 $223,800 $71,300 $152,500
2019 $5,108 $223,800 $71,300 $152,500
2018 $4,734 $205,300 $71,300 $134,000
2017 $4,059 $171,100 $71,300 $99,800
2016 $3,793 $155,500 $71,300 $84,200
2015 $3,195 $130,000 $71,300 $58,700
2014 $3,072 $130,000 $71,300 $58,700
2013 $4,029 $162,500 $69,200 $93,300
Source: Public Records

Agents Affiliated with this Home

  • Brandon Grosse

    Seller's Agent in 2013

    Brandon Grosse

    Accord Realty

    (608) 577-9860

    1 in this area

    160 Total Sales

    Brandon Grosse
    Section Image
  • Nate Lancaster

    Buyer's Agent in 2013

    Nate Lancaster

    EXP Realty, LLC

    (608) 214-4435

    523 Total Sales

    Nate Lancaster
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1670452

South Central Wisconsin Multiple Listing Service

APN: 0708-364-1701-8

Wisconsin Dane County Madison 53711 Prairie Hills

1418 Theresa Terrace, Madison, WI

This home is located at 1418 Theresa Terrace, Madison, WI 53711 since 15 November 2012 and is currently estimated at $476,396, approximately $177 per square foot. This property was built in 1971. 1418 Theresa Terrace is a home located in Dane County with nearby schools including Milele Chikasa Anana, Spring Harbor Middle School, and Vel Phillips Memorial High School.

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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