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 $1,728/month

148 Days on Market

Highlights

  • Wood Flooring
  • Property is near bus stop
  • Family Room
  • Detached Garage
  • Heating System Uses Steam
  • Laundry Facilities

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
  • Block Foundation
  • 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

  • Detached Garage
  • 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 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
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Block foundation
  • Number Dryers: 1
  • Number Washers: 1

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

  • 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

  • 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
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
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Property History

Date Event Price List to Sale Price per Sq Ft
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

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
2022 $9,453 $242,800 $64,900 $177,900
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

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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