NOT LISTED FOR SALE

Estimated Value: $762,611 - $836,000

4 Beds
4 Baths
2,072 Sq Ft
$386/Sq Ft Est. Value

Last Sold June 12, 2013

Last sale price $350,000 $169 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $5,921/month

30 Days on Market

Highlights

  • Balcony
  • Eat-In Kitchen
  • Forced Air Heating System
  • Marquette Elementary Rated A-
  • Property is near bus stop
  • 3-minute walk to Hawthorne Park

About This Home

As of June 2013

6 unit apartment building located just off Atwood Ave. Building consist of six 1 bedroom units with all tenants paying electric, gas and garbage removal. Great location and easy to rent. (Property is being sold as is)

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 03/15/2013

Last Buyer's Agent

Spencer Schumacher

Spencer Real Estate Group License #58017-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,256

Year Built

  • Built in 1940

Lot Details

  • 4,792

Parking

  • Outside Parking

Interior Spaces

  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Balcony
  • Property is near bus stop

Community Details

  • 6 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-064-0406-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,256

Year Built

Built in 1940

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Miscellaneous: Shared laundry, Close to bus line
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Washers: 1

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

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

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Zoning: TR-V2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 46500

Tax Info

  • Net Taxes: 7256
  • Tax Year: 2012
  • Assessor Parcel Number: 0710-064-0406-7

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of Efficiencies: 2
  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
Jun 10, 2013
Sold by
Forza Properties Llc
Bought by
Dci Property Management Llc
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Spencer Schumacher
Spencer Real Estate Group
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Current Estimated Value
$799,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,306
Avg. Annual Appreciation
6.70%
Original Mortgage
$280,000
Outstanding Balance
$197,839
Interest Rate
3.34%
Mortgage Type
Commercial
Estimated Equity
$601,467

Purchase Details

Closed on
Nov 30, 2007
Sold by
Martinson Danny R and Martinson Danny Ray
Bought by
Forza 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
$881,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2006
Sold by
Martinson Daniel Lynn
Bought by
Martinson Danny Ray
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
Dci Property Management Llc $350,000 First American Title
Forza Properties Llc $374,500 None Available
Martinson Danny Ray -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dci Property Management Llc $280,000
Previous Owner Forza Properties Llc $881,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2013 06/12/13 Sold $350,000 -4.1% $169 / Sq Ft
04/14/2013 04/14/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $365,000 -- $176 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $21,785 $620,000 $61,000 $559,000
2023 $10,239 $565,000 $55,000 $510,000
2022 $20,240 $515,000 $50,000 $465,000
2021 $10,986 $515,000 $45,000 $470,000
2020 $11,492 $515,000 $45,000 $470,000
2019 $10,974 $490,000 $45,000 $445,000
2018 $10,957 $490,000 $44,400 $445,600
2017 $10,303 $445,000 $44,400 $400,600
2016 $10,084 $424,000 $42,400 $381,600
2015 $9,244 $350,000 $42,400 $307,600
2014 $8,402 $350,000 $42,400 $307,600
2013 $6,904 $288,000 $42,400 $245,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1678384

South Central Wisconsin Multiple Listing Service

APN: 0710-064-0406-7

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