NOT LISTED FOR SALE

Estimated Value: $1,222,450

10 Beds
4 Baths
3,800 Sq Ft
$322/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $1,200,000 $316 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,084/month

6 Days on Market

Highlights

  • Property is near a bus stop
  • Water Softener is Owned
  • Laundry Facilities

About This Home

As of July 2023

All apartments in this 8-unit building have been beautifully remodeled! 4 two beds and 4 three beds with brand new kitchens, bathrooms, flooring, doors, trim, etc. New roof in 2022. Gross income at current rents is $130,680. 2023-2024 renewals are being offered at a $100+/month over current rents. Pro forma gross rent is >$140K. Only one of the 2 bedroom units (1710 #2) and one of the 3 bedroom units (1712 #1) will be available for viewing during initial showings. The front of the building has 2 bedroom units w/ address 1710 Onsgard Rd. The back of the building has 3 bedroom units w/ address 1712 Onsgard Rd. Rent Roll in additional docs.

Last Agent to Sell the Property

The Hub Team

The Hub Realty Listed on: 05/31/2023

Last Buyer's Agent

Hansen Home Team

Stark Company, REALTORS

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,956

Year Built

  • Built in 1969

Lot Details

  • 0.37

Parking

  • 8 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Sandburg Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • 0.37 Acre Lot
  • Property is near a bus stop

Community Details

  • 8 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0810-283-0203-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,956

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Tenant's and Seller's personal property
  • Items Included: 8 ranges/ovens, 8 refrigerators, 8 microwaves, 7 dishwashers, water softener
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dish Washers: 8
  • Number Dryers: 2
  • Number Furnaces: 1
  • Number Refrigerators: 8
  • Number Stoves: 8
  • Number Units W Ac: 8
  • Number Washers: 2
  • Number Water Heaters: 4
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 8

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • School District: Madison
  • Elementary School: Sandburg
  • Middle School: Sherman
  • High School: East
  • Elementary School: Sandburg
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.37
  • Zoning: SR-V2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 130680

Tax Info

  • Land Assessment: 54000
  • Improvements: 806000
  • Total Assessment: 860000
  • Assessment year: 2022
  • Net Taxes: 16956
  • Tax Year: 2022
  • Assessor Parcel Number: 0810-283-0203-2

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of3 Bedrooms: 4
  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 21, 2023
Sold by
Blpr Llc
Bought by
Ugalde Properties Llc
Seller's Agent
The Hub Team
The Hub Realty
Buyer's Agent
Hansen Home Team
Stark Company, REALTORS
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Total Days on Market
6
Views
49
Current Estimated Value
$1,222,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,450
Original Mortgage
$900,000
Outstanding Balance
$883,522
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2022
Closed on
May 13, 2022
Sold by
Ryan Schmitz
Bought by
Blpr Llc
Seller's Agent
Wills Manning
The Hub Realty
Buyer's Agent
Wills Manning
The Hub Realty
List Price
$605,000
Sold Price
$605,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.80%
Original Mortgage
$565,550
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2012
Sold by
Artus John L
Bought by
Silvan Realty Llc

Purchase Details

Closed on
Nov 11, 2005
Sold by
Ng Henry T S and Ng Camille K O
Bought by
Artus John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,600
Interest Rate
6.13%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Ugalde Properties Llc $1,200,000 None Listed On Document
Blpr Llc $725,000 None Listed On Document
Schmitz Ryan $605,000 None Listed On Document
Silvan Realty Llc -- None Available
Artus John L $572,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ugalde Properties Llc $900,000
Previous Owner Blpr Llc $565,550
Previous Owner Artus John L $457,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $1,200,000 -4.0% $316 / Sq Ft
05/31/2023 05/31/23 For Sale $1,250,000 +106.6% $329 / Sq Ft
05/13/2022 05/13/22 Sold $605,000 0.0% $215 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $605,000 -- $215 / 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 $42,320 $1,200,000 $60,000 $1,140,000
2023 $13,164 $725,000 $60,000 $665,000
2021 $15,489 $717,000 $54,000 $663,000
2020 $18,572 $683,000 $54,000 $629,000
2019 $14,583 $650,000 $54,000 $596,000
2018 $14,290 $638,000 $53,500 $584,500
2017 $14,880 $638,000 $53,500 $584,500
2016 $13,979 $580,000 $48,500 $531,500
2015 $13,288 $526,000 $48,500 $477,500
2014 $12,665 $526,000 $48,500 $477,500
2013 $12,717 $511,000 $48,500 $462,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1956824

South Central Wisconsin Multiple Listing Service

APN: 0810-283-0203-2