NOT LISTED FOR SALE

1810 Northwestern Ave Madison, WI 53704

Sherman Neighborhood

Estimated Value: $355,000 - $441,000

4 Beds
2 Baths
2,200 Sq Ft
$176/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $208,200 $95 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,048/month

4 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Laundry Facilities
  • Property is near a bus stop

About This Home

As of May 2018

Back on the market. Please see Seller disclosures in Associated Docs. Opportunity knocks! Fully rented, well performing brick 2 flat in residential neighborhood on Madison's energetic North Side. Both 2 bedroom units are spacious with wood floors, full kitchens, baths and private entrances. Very easy to rent, each unit has a parking space in back. Electric and gas separately metered, landlord pays tenant for lawn and snow. Only shown during times listed in Broker to Broker info. Seller willing to credit Buyer $5,000 at closing for repairs.

Last Agent to Sell the Property

Joshua Pelletter

Rockwood Realty Group License #55759-90 Listed on: 01/19/2018

Last Buyer's Agent

Mardi Stroud

First Weber Inc License #51339-90

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,115

Year Built

  • Built in 1960

Lot Details

  • 4,792

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Exterior Construction

Parking

  • 2 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating

Additional Features

  • Oven or Range
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • 4,792 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0810-312-1404-2

Community Details

Overview

  • 2 Units
  • Clyde Gallagher's Sherman Ave Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,115

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Included: all appliances on site
  • Miscellaneous: Shared laundry, Close to bus line
  • Noi Year: 2017
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside
  • Utilities: Separate elec meters, Separate gas 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: 0.11
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 21600

Tax Info

  • Land Assessment: 34500
  • Improvements: 156300
  • Total Assessment: 190800
  • Assessment year: 2017
  • Net Taxes: 4115
  • Tax Year: 2016
  • Assessor Parcel Number: 0810-312-1404-2

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2018
Closed on
May 9, 2018
Sold by
Remus Matthew
Bought by
Jaeger Justin G
Seller's Agent
Joshua Pelletter
Rockwood Realty Group
Buyer's Agent
Mardi Stroud
First Weber Inc
List Price
$229,900
Sold Price
$208,200
Premium/Discount to List
-$21,700
-9.44%
Current Estimated Value
$384,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,467
Avg. Annual Appreciation
8.52%
Original Mortgage
$197,790
Outstanding Balance
$172,619
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$203,977

Purchase Details

Closed on
Apr 27, 2012
Sold by
Remus Matthew and Remus Lisa
Bought by
Remus Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,782
Interest Rate
2.5%
Mortgage Type
VA

Purchase Details

Closed on
May 1, 2007
Sold by
Martin Dennis G
Bought by
Remus Matthew and Remus Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,493
Interest Rate
6.21%
Mortgage Type
VA
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
Jaeger Justin G $208,200 None Available
Remus Matthew -- National Title Network Inc
Remus Matthew $182,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaeger Justin G $197,790
Previous Owner Remus Mattew $146,250
Previous Owner Remus Matthew $171,782
Previous Owner Remus Matthew $175,493
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2018 05/09/18 Sold $208,200 -8.3% $95 / Sq Ft
03/17/2018 03/17/18 Price Changed $227,000 -1.3% $103 / Sq Ft
03/01/2018 03/01/18 For Sale $229,900 +10.4% $105 / Sq Ft
01/23/2018 01/23/18 Off Market $208,200 -- --
01/23/2018 01/23/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $229,900 -- $105 / 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 $11,081 $317,700 $58,900 $258,800
2023 $5,339 $296,900 $55,000 $241,900
2021 $4,913 $232,500 $43,100 $189,400
2020 $4,758 $215,300 $39,900 $175,400
2019 $4,545 $205,000 $38,000 $167,000
2018 $4,649 $209,900 $38,000 $171,900
2017 $4,372 $190,800 $34,500 $156,300
2016 $4,115 $175,000 $34,500 $140,500
2015 $4,442 $186,700 $34,500 $152,200
2014 $4,445 $186,700 $34,500 $152,200
2013 $4,245 $183,000 $33,800 $149,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1820830

South Central Wisconsin Multiple Listing Service

APN: 0810-312-1404-2