NOT LISTED FOR SALE

Estimated Value: $2,003,349

12 Beds
12 Baths
8,400 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $1,235,000 $147 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $14,948/month

567 Days on Market

Highlights

  • 0.49 Acre Lot
  • Open Floorplan
  • Balcony
  • Spring Harbor Middle School Rated A-
  • Den
  • Fireplace

About This Home

As of December 2016

Newer upscale townhouse style units in Midtown Commons on Madison's West Side with close proximity to Epic. All units have three bedrooms plus a den and two and a half baths with two car attached garages. Units could possibly be converted to condominiums. These units are professionally managed and have excellent rental history. See listing agent for more details. Andy Stebnitz at 608-692-8866 or astebnitz@outlook.com.

Last Agent to Sell the Property

Andrew Stebnitz

Restaino & Associates License #56513-90 Listed on: 04/07/2015

Restaino & Associates

Last Buyer's Agent

Jack Cheng

Real Broker LLC License #58233-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,119

Year Built

  • Built in 2003

Lot Details

  • 0.49

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

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

Kitchen

  • Oven or Range
  • Dishwasher

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Stephens Elementary School
  • Jefferson Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener Leased

Additional Features

  • Balcony
  • 0.49 Acre Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0708-344-0702-9

Community Details

Overview

  • 6 Units
  • Midtown Commons Subdivision

Building Details

  • Net Operating Income $61,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,119

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Barrier Free: Open floor plan
  • Miscellaneous: Close to bus line, Water Softener Rented
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard, Partially finished
  • Number Dish Washers: 6
  • Number Dryers: 6
  • Number Units W Ac: 6
  • Number Washers: 6
  • Number Water Softeners: 6

Exterior Features

  • Exterior: Vinyl, Brick, Stucco, Stone

Garage/Parking

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

Utilities

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

Fee Information

  • Total Expenses: 59018

Schools

  • Elementary School: Stephens
  • High School: Memorial
  • Middle School: Jefferson
  • School District: Madison

Lot Info

  • Estimated Aces: 0.49
  • Zoning: PD
  • Geo Subdivision: WI

Rental Info

  • Total Income: 120060

Tax Info

  • Net Taxes: 26119
  • Tax Year: 2015
  • Assessor Parcel Number: 0708-344-0702-9

Multi Family

  • Number Of3 Bedrooms: 6
  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2015
Closed on
Dec 30, 2016
Sold by
White Arch Properties Llc
Bought by
Carns Townhouses Llc
Seller's Agent
Andrew Stebnitz
Restaino & Associates
Buyer's Agent
Jack Cheng
Real Broker LLC
List Price
$1,295,000
Sold Price
$1,235,000
Premium/Discount to List
-$60,000
-4.63%
Current Estimated Value
$2,003,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$768,349
Source: Public Records
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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
Carns Townhouses Llc $1,235 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $1,235,000 -4.6% $147 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
04/07/2015 04/07/15 For Sale $1,295,000 -- $154 / 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 $54,535 $1,545,000 $238,000 $1,307,000
2023 $25,593 $1,405,000 $216,000 $1,189,000
2022 $53,728 $1,360,000 $196,000 $1,164,000
2021 $29,152 $1,360,000 $178,000 $1,182,000
2020 $30,477 $1,360,000 $178,000 $1,182,000
2019 $29,131 $1,295,000 $178,000 $1,117,000
2018 $27,734 $1,235,000 $178,000 $1,057,000
2017 $28,733 $1,235,000 $178,000 $1,057,000
2016 $27,150 $1,135,900 $170,900 $965,000
2015 $26,119 $1,081,900 $170,900 $911,000
2014 $26,133 $1,081,900 $170,900 $911,000
2013 $24,846 $1,081,900 $170,900 $911,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1742042

South Central Wisconsin Multiple Listing Service

APN: 0708-344-0702-9

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