NOT LISTED FOR SALE

1509 S Thompson Dr Madison, WI 53716

Elvehjem Neighborhood

Estimated Value: $450,000 - $576,544

4 Beds
5 Baths
3,123 Sq Ft
$164/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $242,000 $77 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,185/month

Highlights

  • Open Floorplan
  • Balcony
  • Accessible Full Bathroom
  • Den
  • Accessible Bedroom
  • Property is near a bus stop

About This Home

As of November 2015

This wonderfully maintained duplex is any investors dream! A nice, open floor plan and high vaulted ceilings greet you upon entering and continue on to feature 2 bedroom and 2 full bathrooms on the main level. Unit 1511 includes a finished off basement with an additional bathroom, family room, and a den! Check it out before it's gone!

Last Agent to Sell the Property

Alison Stark

Stark Company, REALTORS License #79734-94 Listed on: 10/13/2015

Stark Company, REALTORS

Last Buyer's Agent

Daniela Tallard

Real Broker LLC License #76801-94

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 0.44

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Family Room
  • Den
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Elvehjem Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Balcony
  • 0.44 Acre Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-142-1003-4

Community Details

Overview

  • 2 Units
  • Eastridge Trail Subdivision

Building Details

  • Net Operating Income $17,320

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

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
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Partially finished
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 7880

Schools

  • Elementary School: Elvehjem
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison

Lot Info

  • Estimated Aces: 0.44
  • Zoning: R3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 25200

Tax Info

  • Net Taxes: 6211
  • Tax Year: 2014
  • Assessor Parcel Number: 0710-142-1003-4

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2015
Closed on
Nov 16, 2015
Sold by
Fustok Khaled and Fustok Julie
Bought by
Villota Carlos and Schmidt Holly
Seller's Agent
Alison Stark
Stark Company, REALTORS
Buyer's Agent
Daniela Tallard
Real Broker LLC
List Price
$239,900
Sold Price
$242,000
Premium/Discount to List
$2,100
0.88%
Current Estimated Value
$510,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,886
Avg. Annual Appreciation
7.82%
Original Mortgage
$117,800
Outstanding Balance
$70,756
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$440,130
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
Villota Carlos $242,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villota Carlos $117,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2015 11/30/15 Sold $242,000 +0.9% $77 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $239,900 -- $77 / 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 $20,339 $486,400 $96,300 $390,100
2023 $9,117 $442,200 $90,700 $351,500
2021 $7,949 $368,500 $80,100 $288,400
2020 $7,448 $335,000 $72,800 $262,200
2019 $7,918 $319,000 $69,300 $249,700
2018 $7,140 $298,100 $69,300 $228,800
2017 $6,131 $266,200 $63,000 $203,200
2016 $5,733 $242,000 $63,000 $179,000
2015 $5,459 $228,700 $63,000 $165,700
2014 $5,463 $228,700 $63,000 $165,700
2013 $6,448 $228,700 $63,000 $165,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Alison Stark

    Stark Company, REALTORS

    (608) 469-7531

    1 Total Sale

    Alison Stark
    Section Image

  • D

    Buyer's Agent in 2015

    Daniela Tallard

    Real Broker LLC

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1760232

South Central Wisconsin Multiple Listing Service

APN: 0710-142-1003-4

Wisconsin Dane County Madison 53716 Elvehjem

1509 S Thompson Dr, Madison, WI

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