NOT LISTED FOR SALE

1801 Boyd Ave Madison, WI 53704

Sherman Neighborhood

Estimated Value: $402,000 - $430,000

5 Beds
3 Baths
2,550 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $355,000 $139 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,208/month

16 Days on Market

Highlights

  • Vaulted Ceiling
  • Family Room
  • Wood Siding
  • Outdoor Storage

About This Home

As of February 2023

Unique 3-Unit investment property for sale near Northside Madison. This home has been with the owner(s) since it was built. A custom well-built home, the exterior walls are constructed of 8" thick cedar timbers. The owner just moved out of the lower unit, so bring your ideas for a refresh or remodel. Rents are very low for the neighborhood. With a bit of work, the property has a lot of potential to cashflow very well.

Last Agent to Sell the Property

Kyle Humphrey

First Weber, Inc License #58621-90 Listed on: 12/30/2022

First Weber, Inc

Last Buyer's Agent

Victoria LaBrosse

The Frugal Broker LLC License #60215-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,345

Year Built

  • Built in 1962

Lot Details

  • 9,583

Home Design

  • Duplex
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • Vaulted Ceiling
  • Family Room
  • Oven or Range

Partially Finished Basement

  • Shared Basement
  • Basement Windows

Parking

  • 3 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters

Additional Features

  • Outdoor Storage
  • 9,583 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 0810-312-2712-8

Community Details

Overview

  • 3 Units
  • 1St Addtn Clyde A. Gallagher's Sherman Subdivision

Building Details

  • Net Operating Income $2,022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,345

Year Built

Built in 1962

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
  • Items Excluded: Seller's & Tenant's personal property.
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full size windows/Exposed, Partially finished, Poured concrete foundatn
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 3

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.22
  • Zoning: TR-V1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6345
  • Tax Year: 2021
  • Assessor Parcel Number: 0810-312-2712-8

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 2
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Holdener James
Bought by
Holdener Properties Llc
Current Estimated Value
$420,000

Purchase Details

Listed on
Dec 30, 2022
Closed on
Feb 8, 2023
Sold by
Kosobud Rosemary L
Bought by
Holdener James P
Seller's Agent
Kyle Humphrey
First Weber, Inc
Buyer's Agent
Victoria LaBrosse
The Frugal Broker LLC
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%
Views
135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$367,500
Interest Rate
6.09%
Mortgage Type
New Conventional
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
Holdener Properties Llc -- None Listed On Document
Holdener James P $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holdener James P $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $355,000 +1.5% $139 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
12/30/2022 12/30/22 For Sale $349,900 -- $137 / 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 $12,402 $355,000 $88,500 $266,500
2023 $6,647 $368,500 $82,700 $285,800
2022 $12,869 $329,000 $73,800 $255,200
2021 $6,345 $299,100 $67,100 $232,000
2020 $6,142 $276,900 $62,100 $214,800
2019 $5,869 $263,700 $59,100 $204,600
2018 $5,577 $251,100 $59,100 $192,000
2017 $5,526 $232,500 $59,100 $173,400
2016 $5,494 $232,500 $55,800 $176,700
2015 $5,283 $208,900 $55,800 $153,100
2014 $4,983 $208,900 $55,800 $153,100
2013 $4,596 $202,800 $54,700 $148,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kyle Humphrey

    First Weber, Inc

    (608) 843-4017

    1 in this area

    10 Total Sales

    Kyle Humphrey
    Section Image
  • Victoria LaBrosse

    Buyer's Agent in 2023

    Victoria LaBrosse

    The Frugal Broker LLC

    (608) 501-7518

    1 in this area

    13 Total Sales

    Victoria LaBrosse
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1948317

South Central Wisconsin Multiple Listing Service

APN: 0810-312-2712-8

Wisconsin Dane County Madison 53704 Sherman

1801 Boyd Ave, Madison, WI

Not Listed for Sale

MultiFamily

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