NOT LISTED FOR SALE

Estimated Value: $542,000 - $702,000

6 Beds
3 Baths
2,724 Sq Ft
$230/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $417,000 $153 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,130/month

9 Days on Market

Highlights

  • Property is near a bus stop
  • Dining Room
  • Laundry Facilities
  • Central Air
  • Family Room
  • 3-minute walk to Brentwood Park

About This Home

As of September 2019

You won't believe the great 3 unit that has been well maintained by current owner - All brick building, 5 parking spaces, screened porch, orig hardwood floors & bathroom tile & many updates in the units. The building has been owner occupied for most of the known history w/a large, 3 bdrm main floor unit w/large living & dining rooms. Windows 2000 or newer. Currently the building is very pet friendly and walking distance to park, dining and even grocery. The owner successfully operated some of the building as AirBnB at one time as well. Combined Rents are higher than many 4 unit properties & makes this property a must see.

Last Agent to Sell the Property

Devery Cash

Keller Williams Realty License #53924-94 Listed on: 07/22/2019

Keller Williams Realty

Last Buyer's Agent

Mike Adler

Restaino & Associates License #28892-94

Restaino & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,279

Year Built

  • Built in 1957

Lot Details

  • 6,273

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Parking

  • 5 Open Parking Spaces
  • Outside Parking

Schools

  • Emerson Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Water Softener Leased

Additional Features

  • Low Pile Carpeting
  • 6,273 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-011-0113-2

Community Details

Overview

  • 3 Units
  • Sherman Park Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,279

Year Built

Built in 1957

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
  • Barrier Free: Low pile or no carpeting
  • Items Excluded: Lawn Mower, Vacuum, owners washer/dryer, water softener rented
  • Items Included: 1 range, 2 ovens, 2 stove tops, 9 window a/c, patio furniture, basement shelving, 1 coin op: 1 Washer, 2 dryers, dehumidifier, microwave, blinds,
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Rented
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 2
  • Number Furnaces: 1
  • Number Refrigerators: 3
  • Number Stoves: 3
  • Number Units W Ac: 9
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 5

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, 2 spaces, Outside
  • Utilities: Separate elec meters

Schools

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

Lot Info

  • Estimated Aces: 0.144
  • Zoning: R3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 28159

Tax Info

  • Land Assessment: 41700
  • Improvements: 254700
  • Total Assessment: 296400
  • Assessment year: 2018
  • Net Taxes: 6279
  • Tax Year: 2018
  • Assessor Parcel Number: 0709-011-0113-2

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Sep 18, 2019
Sold by
Hardie Anthony D
Bought by
Meyer Andrew W
Seller's Agent
Devery Cash
Keller Williams Realty
Buyer's Agent
Mike Adler
Restaino & Associates
List Price
$424,900
Sold Price
$417,000
Premium/Discount to List
-$7,900
-1.86%
Total Days on Market
9
Current Estimated Value
$625,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,969
Avg. Annual Appreciation
7.41%
Original Mortgage
$221,010
Outstanding Balance
$196,105
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$430,490

Purchase Details

Closed on
Apr 15, 2005
Sold by
Rieser Gudrun B
Bought by
Hardie Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.88%
Mortgage Type
Commercial
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
Meyer Andrew W $417,000 None Available
Hardie Anthony $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Andrew W $221,010
Previous Owner Hardie Anthony D $212,915
Previous Owner Hardie Anthony D $52,498
Previous Owner Hardie Anthony $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $417,000 -1.9% $153 / Sq Ft
07/22/2019 07/22/19 For Sale $424,900 -- $156 / 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 $19,441 $553,800 $62,300 $491,500
2023 $9,373 $517,600 $58,200 $459,400
2021 $9,457 $443,900 $47,300 $396,600
2020 $9,155 $411,000 $43,800 $367,200
2019 $6,941 $311,200 $41,700 $269,500
2018 $6,597 $296,400 $41,700 $254,700
2017 $6,323 $274,400 $41,700 $232,700
2016 $6,526 $274,400 $39,300 $235,100
2015 $6,249 $246,500 $39,300 $207,200
2014 $5,894 $246,500 $39,300 $207,200
2013 $6,622 $239,300 $38,500 $200,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1863887

South Central Wisconsin Multiple Listing Service

APN: 0709-011-0113-2