NOT LISTED FOR SALE

Estimated Value: $713,738

9 Beds
3 Baths
3,566 Sq Ft
$200/Sq Ft Est. Value

Last Sold August 08, 2018

Last sale price $479,900 $135 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,702/month

75 Days on Market

Highlights

  • Balcony
  • Accessible Bedroom
  • Property is near a bus stop
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Water Softener is Owned

About This Home

As of August 2018

Three flat all with all units having three bedrooms and one bathroom. Located just three blocks East of the capital Square and one block North of East Washington Ave. with three off street parking stalls. the electrical system has been upgraded with circuit breakers and the property has two newer boilers and an energy saving Ultra Ruud on-demand hot water heating system installed in February of 2016. Currently units two and three are rented together and that lease goes through August 14, 2019. Unit one is currently occupied with that lease maturing on August 14, 2018.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 04/15/2018

Co-Listed By

Tony Xiong

Madison Property Management, Inc. License #69875-94

Last Buyer's Agent

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 04/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,327

Year Built

  • Built in 1904

Lot Details

  • 3,267

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Basement

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

Parking

  • 3 Open Parking Spaces
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Heating System Uses Steam
  • Water Softener is Owned

Additional Features

  • 3-Story Property
  • Balcony
  • 3,267 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 070913320035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,327

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 3 story
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Excluded: Personal property belonging to tenants and occupancy.
  • Items Included: 3 stoves, 3refrigerators, 3 dishwashers, garbage disposals, 2 newer boilers, 1 newer on-demand water heater, 1 washer and 1 dryer.
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Noi Year: 2017
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Block foundation
  • Number Dish Washers: 3
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 3
  • Number Stoves: 3
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside

Schools

  • School District: Madison
  • Elementary School: Lapham/Marquette
  • Middle School: OKeeffe
  • High School: East
  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.075
  • Zoning: DR1

Rental Info

  • Total Income: 53340

Tax Info

  • Land Assessment: 89000
  • Improvements: 399900
  • Total Assessment: 488900
  • Assessment year: 2018
  • Net Taxes: 11327
  • Tax Year: 2017
  • Assessor Parcel Number: 070913320035

Multi Family

  • Number Of3 Bedrooms: 3
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2018
Closed on
Aug 8, 2018
Sold by
Davis Brett H and Davis Amy L
Bought by
Madison Community Cooperative
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
James Stopple
Madison Property Management, Inc.
List Price
$539,900
Sold Price
$479,900
Premium/Discount to List
-$60,000
-11.11%
Total Days on Market
75
Current Estimated Value
$713,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,838
Avg. Annual Appreciation
6.13%
Original Mortgage
$275,000
Outstanding Balance
$241,288
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$480,138

Purchase Details

Closed on
Aug 15, 2005
Sold by
Gregg Richard O
Bought by
Davis Brett H and Davis Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
5.8%
Mortgage Type
New Conventional
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
Madison Community Cooperative $479,900 None Available
Davis Brett H $410,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Community Cooperative $150,000
Closed Madison Community Cooperative $165,000
Open Madison Community Cooperative $275,000
Closed Madison Community Cooperative $75,000
Previous Owner Davis Amy L $278,608
Previous Owner Davis Brett H $93,904
Previous Owner Davis Brett H $307,500
Previous Owner Davis Brett H $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2018 08/08/18 Sold $479,900 -4.0% $135 / Sq Ft
05/14/2018 05/14/18 Price Changed $499,900 -5.7% $140 / Sq Ft
05/04/2018 05/04/18 Price Changed $529,900 -1.9% $149 / Sq Ft
04/15/2018 04/15/18 For Sale $539,900 -- $151 / 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 -- -- -- --
2021 $180 $0 $0 $0
2020 $0 $0 $0 $0
2019 $10,932 $479,900 $89,000 $390,900
2018 $10,932 $488,900 $89,000 $399,900
2017 $11,327 $488,900 $89,000 $399,900
2016 $11,081 $465,600 $80,900 $384,700
2015 $10,658 $422,300 $80,900 $341,400
2014 $10,153 $422,300 $80,900 $341,400
2013 $9,369 $410,000 $76,300 $333,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1827632

South Central Wisconsin Multiple Listing Service

APN: 0709-133-2003-5