NOT LISTED FOR SALE

Estimated Value: $455,719 - $597,000

8 Beds
4 Baths
3,600 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $248,000 $69 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,297/month

54 Days on Market

Highlights

  • Main Floor Bedroom
  • Balcony
  • Accessible Bedroom
  • West High School Rated A
  • Eat-In Kitchen
  • Accessible Full Bathroom

About This Home

As of April 2016

Solid west side Brick 4 Unit Cash Flows. Owner of over 30 years wants to divest. Newer roof, furnaces, AC and water heaters. Recently remodeled bathrooms. Separate gas and electric meters. Hardwood floors. Long Term Tenants who want to stay. Owner knows it is under rented. One Tenant has been there 30 years and receives discount for acting as on site manager. On bus line. Start or add to your Real Estate Portfolio.

Last Agent to Sell the Property

Don Huibregtse

First Weber Inc License #50649-90 Listed on: 12/21/2015

First Weber Inc

Co-Listed By

Steven Annen

First Weber Inc License #61031-94

Last Buyer's Agent

Xianjing Shan

OnePlus Realty Team License #52775-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,892

Year Built

  • Built in 1959

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Basement

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

Parking

  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

  • Thoreau Elementary School
  • Cherokee Heights Middle School
  • West High School

Utilities

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

Additional Features

  • 2-Story Property
  • Balcony
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-324-1533-8

Community Details

Overview

  • 4 Units
  • Crawford Heights 2Nd Addition Subdivision

Building Details

  • Net Operating Income $15,823

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,892

Year Built

Built in 1959

Lot Details

9,148 Sq Ft Lot

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: First floor bedroom, First floor full bath, Level drive, Level lot, Low pile or no carpeting
  • Miscellaneous: Close to bus line, Water Softener Rented
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard, Poured concrete foundatn
  • Number Units W Ac: 4
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

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

Utilities

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

Fee Information

  • Total Expenses: 12257

Schools

  • Elementary School: Thoreau
  • High School: West
  • Middle School: Cherokee Heights
  • School District: Madison

Lot Info

  • Estimated Aces: 0.21
  • Zoning: SR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 28080

Tax Info

  • Net Taxes: 5892
  • Tax Year: 2014
  • Assessor Parcel Number: 0709-324-1533-8

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2015
Closed on
May 16, 2016
Sold by
Rubin Tiemei and Rubin Tiemei Z
Bought by
Rubin Tiemei Z and Zhou Zhisheng
Seller's Agent
Don Huibregtse
First Weber Inc
Buyer's Agent
Xianjing Shan
OnePlus Realty Team
List Price
$249,900
Sold Price
$248,000
Premium/Discount to List
-$1,900
-0.76%
Current Estimated Value
$537,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,430
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Aug 19, 2003
Sold by
Campbell Conrad D and Campbell Margaret A
Bought by
Ruben Tiemei and Rubin Tiemei Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
3.71%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rubin Tiemei Z -- Attorney
Ruben Tiemei $248,000 Knight Barry Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruben Tiemei $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2016 04/28/16 Sold $248,000 -0.8% $69 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
12/21/2015 12/21/15 For Sale $249,900 -- $69 / 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
2023 $7,772 $430,000 $112,000 $318,000
2022 $14,454 $369,000 $102,000 $267,000
2021 $7,460 $351,000 $93,000 $258,000
2020 $6,774 $305,000 $93,000 $212,000
2019 $6,462 $290,000 $93,000 $197,000
2018 $5,778 $260,000 $92,800 $167,200
2017 $5,707 $248,000 $92,800 $155,200
2016 $6,114 $258,400 $88,800 $169,600
2015 $5,888 $246,400 $88,800 $157,600
2014 $5,892 $246,400 $88,800 $157,600
2013 $5,600 $246,400 $88,800 $157,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1763568

South Central Wisconsin Multiple Listing Service

APN: 0709-324-1533-8

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