NOT LISTED FOR SALE

1818 Packers Ave Unit 1 Madison, WI 53704

Estimated Value: $279,000

4 Beds
2 Baths
1,768 Sq Ft
$158/Sq Ft Est. Value

Last Sold April 16, 2020

Last sale price $213,000 $120 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,788/month

148 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Laundry Facilities
  • Property is near a bus stop
  • Family Room
  • Level Lot

About This Home

As of April 2020

Solid investment opportunity on Madison's North Side! Two car garage, large back yard, hardwood floors, & screened in porch (for downstairs unit). Owner updates include: Roof, Windows, Electrical, Bathroom/Kitchen Remodels, Garage, & Concrete Work. In terrific proximity to local parks, shopping, & restaurants, this 2-flat rental is also in walking distance to hotspots like the Ale Asylum, Smoky Jon's BBQ, and the North Side Willy Street Co-Op. Fully rented: Downstairs unit rents for $900/mo (exp. 1/2020) & Upstairs rents for $850 (exp. 3/2020) Tenants pay utilities except water/sewer. Sq. footage approximate, buyer to verify if important.

Last Agent to Sell the Property

Mark Hewitt

Realty Executives Cooper Spransy License #85967-94 Listed on: 07/05/2019

Realty Executives Cooper Spransy

Last Buyer's Agent

Mark Hewitt

Realty Executives Cooper Spransy License #85967-94 Listed on: 07/05/2019

Realty Executives Cooper Spransy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,291

Year Built

  • Built in 1930

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Wood Flooring
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Covered Spaces
  • Driveway Level

Schools

  • Mendota Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Heating System Uses Steam
  • Separate Meters
  • Individual Controls for Heating

Additional Features

  • Low Pile Carpeting
  • Property is near a bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0810-312-1117-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,291

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Barrier Free: Level drive, Level lot, Low pile or no carpeting
  • Items Excluded: Seller's & Tenants Personal Property. Window AC units.
  • Items Included: 2 Refrigerators, 2 Range/Ovens
  • Miscellaneous: Shared laundry, Close to bus line
  • Noi Year: 2018
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Block foundation
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 1
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Steam
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.22
  • Zoning: R4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 21000

Tax Info

  • Land Assessment: 50200
  • Improvements: 143800
  • Total Assessment: 194000
  • Assessment year: 2019
  • Net Taxes: 4291
  • Tax Year: 2018
  • Assessor Parcel Number: 0810-312-1117-1

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2022
Sold by
Odessa Senior Housing Llc
Bought by
Odessa Affordable Housing Llc
Total Days on Market
148
Current Estimated Value
$279,000

Purchase Details

Listed on
Jul 5, 2019
Closed on
Apr 14, 2020
Sold by
Mitchell Mahlon M and Smith Adrian T
Bought by
Odessa Senior Housing Llc
Seller's Agent
Mark Hewitt
Realty Executives Cooper Spransy
Buyer's Agent
Mark Hewitt
Realty Executives Cooper Spransy
List Price
$224,900
Sold Price
$213,000
Premium/Discount to List
-$11,900
-5.29%

Purchase Details

Closed on
Aug 31, 2005
Sold by
Repenshek Robert T and Repenshek Christopher M
Bought by
Mitchell Mahlon M and Smith Adrian T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,525
Interest Rate
5.93%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Odessa Affordable Housing Llc -- --
Odessa Senior Housing Llc $213,000 None Available
Mitchell Mahlon M $163,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Mahlon M $159,400
Previous Owner Mitchell Mahlon M $40,000
Previous Owner Mitchell Mahlon M $24,525
Previous Owner Mitchell Mahlon M $130,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2020 04/16/20 Sold $213,000 0.0% $120 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
08/28/2019 08/28/19 Off Market $213,000 -- --
07/31/2019 07/31/19 Price Changed $214,900 -4.4% $122 / Sq Ft
07/05/2019 07/05/19 For Sale $224,900 -- $127 / 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
2021 $4,494 $213,000 $56,900 $156,100
2020 $4,498 $203,700 $52,700 $151,000
2019 $4,297 $194,000 $50,200 $143,800
2018 $4,291 $194,000 $50,200 $143,800
2017 $4,036 $176,400 $45,600 $130,800
2016 $3,799 $161,800 $45,600 $116,200
2015 $4,002 $168,500 $45,600 $122,900
2014 $4,004 $168,500 $45,600 $122,900
2013 $3,730 $165,200 $44,700 $120,500
Source: Public Records

Agents Affiliated with this Home

  • Mark Hewitt

    Seller's Agent in 2020

    Mark Hewitt

    Realty Executives

    (608) 960-8283

    78 Total Sales

    Mark Hewitt
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1862496

South Central Wisconsin Multiple Listing Service

APN: 0810-312-1117-1

Wisconsin Dane County Madison 53704

1818 Packers Ave Unit 1, Madison, WI

This home is located at 1818 Packers Ave Unit 1, Madison, WI 53704 since 05 July 2019 and is currently priced at $279,000, approximately $157 per square foot. This property was built in 1930. 1818 Packers Ave Unit 1 is a home located in Dane County with nearby schools including Mendota Elementary School, Sherman Middle School, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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