NOT LISTED FOR SALE

1425 Loreen Dr Madison, WI 53711

Prairie Hills Neighborhood

Estimated Value: $361,000 - $452,000

5 Beds
2 Baths
1,856 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 08, 2018

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

Est. 102% increase in value since last sale

Current estimated payment $3,213/month

4 Days 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 a bus stop
  • 4-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. 1425 Loreen is a 928 sq.ft. 3 bedroom unit with 1 full bath and full basement with laundry hookups. 1427 Loreen is a 928 sq.ft. 2 bedroom unit with 1 full bathroom and full basement with laundry hookups. Fully leased with an annual rent income of $23,280. Interior photos were when unit was vacant. (Seller also selling 1401-1403, 1421-1421 & 1439-1441 Loreen Dr.)

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,768

Year Built

  • Built in 1972

Lot Details

  • 0.28

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

Additional Features

  • 0.28 Acre Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 070836405526

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,768

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
  • Miscellaneous: Close to bus line
  • Noi Year: 2018
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • 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: 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

  • 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 Aces: 0.28
  • Zoning: SR-C3

Rental Info

  • Total Income: 23280

Tax Info

  • Land Assessment: 74400
  • Improvements: 123500
  • Total Assessment: 197900
  • Assessment year: 2018
  • Net Taxes: 3768
  • Tax Year: 2017
  • Assessor Parcel Number: 070836405526

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
Jun 18, 2018
Closed on
Aug 8, 2018
Sold by
Bjelde Mark G and Bjelde Margaret M
Bought by
Syj Investment Llc
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
$413,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,820
Avg. Annual Appreciation
9.57%
Original Mortgage
$613,500
Outstanding Balance
$538,291
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
-$147,438
Source: Public Records

Range of Values:

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Average Value
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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
Syj Investment Llc $818,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Syj Investment Llc $613,500
Previous Owner Bjelde Mark G $130,000
Previous Owner Bjelde Mark G $137,000
Previous Owner Bjelde Mark G $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $11,733 $336,100 $117,600 $218,500
2023 $5,496 $305,500 $106,900 $198,600
2021 $5,014 $237,200 $86,300 $150,900
2020 $4,516 $204,500 $74,400 $130,100
2019 $4,534 $204,500 $74,400 $130,100
2018 $4,379 $197,900 $74,400 $123,500
2017 $3,768 $164,900 $74,400 $90,500
2016 $3,514 $149,900 $74,400 $75,500
2015 $3,222 $131,100 $74,400 $56,700
2014 $3,098 $131,100 $74,400 $56,700
2013 $3,310 $138,000 $72,200 $65,800
Source: Public Records

Agents Affiliated with this Home

  • James Stopple

    Seller's Agent in 2018

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    92 Total Sales

    James Stopple
    Section Image

  • X

    Buyer's Agent in 2018

    Xianjing Shan

    OnePlus Realty Team

    (608) 219-4738

    54 Total Sales

    Xianjing Shan
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1833783

South Central Wisconsin Multiple Listing Service

APN: 0708-364-0552-6

Wisconsin Dane County Madison 53711 Prairie Hills

1425 Loreen Dr, Madison, WI

This home is located at 1425 Loreen Dr, Madison, WI 53711 since 18 June 2018 and is currently estimated at $413,320, approximately $222 per square foot. This property was built in 1972. 1425 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.

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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