$293,000
SOLD SEP 20, 2024

1901 Reetz Rd Madison, WI 53711

Orchard Ridge Neighborhood
-- Bed
-- Bath
1,980 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$148 Per Sq Ft

8% Below List Price

76 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Property is near a bus stop
  • Vel Phillips Memorial High School Rated A
  • 1-Story Property
  • Outdoor Storage

About This Home

As of September 2024

Affordable duplex on Madison's west side. 2 bedrooms, 1 bath with hard wood floors. Great owner occupied in good location. Nice size lot with storage unit, shed, patio and deck on each side. Upgrades include new roof in 2018, new furnace in 2021 for 1905, and 2022 for 1901 side . Appliance upgrades include water heater (2019),washer and stove (2022) and washer (2023) for the 1901 side. The 1905 side has new washer (2021) dryer (2022). All this for the price of a single family house!! Will go fast!! Seller to maintain occupancy until Aug.6th,2024

Last Agent to Sell the Property

Vern Acker

RE/MAX Preferred Brokerage Email: vernackerrealtor@gmail.com License #42598-90 Listed on: 06/03/2024

RE/MAX Preferred

Last Buyer's Agent

Josh Brost

Compass Real Estate Wisconsin License #90698-94

Compass Real Estate Wisconsin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,320

Year Built

  • Built in 1965

Parking

  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Dining Room
  • Wood Flooring
  • Oven or Range

Laundry

  • Laundry in unit
  • Washer and Dryer

Finished Basement

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

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Orchard Ridge Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter

Additional Features

  • 7,841 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Summit Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0709-323-0513-3
  • $8,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,320

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story, Townhouse style units
  • Items Included: 2 refrigerators, 2 stoves,2 washers,2, dryers, 2 sheds
  • Miscellaneous: Close to bus line
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Walkout to yard, Finished, Poured concrete foundatn
  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Wood, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 4

Utilities

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

Schools

  • School District: Madison
  • Elementary School: Orchard Ridge
  • Middle School: Toki
  • High School: Memorial
  • Elementary School: Orchard Ridge
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Estimated Aces: 0.18
  • Zoning: SC-C3

Tax Info

  • Land Assessment: 85000
  • Improvements: 200000
  • Total Assessment: 285000
  • Assessment year: 2024
  • Net Taxes: 4320
  • Tax Year: 2023
  • Assessor Parcel Number: 0709-323-0513-3

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Sep 20, 2024
Sold by
Thornton Donald J and Thornton Carol Ann
Bought by
Boadu Joshua K
Seller's Agent
Vern Acker
RE/MAX Preferred
Buyer's Agent
Josh Brost
Compass Real Estate Wisconsin
List Price
$319,900
Sold Price
$293,000
Premium/Discount to List
-$26,900
-8.41%
Views
85
Current Estimated Value
$306,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,341
Avg. Annual Appreciation
5.44%
Original Mortgage
$278,350
Outstanding Balance
$276,811
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$29,530
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 Type Sale Price Title Company
Warranty Deed $293,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $278,350 New Conventional
Previous Owner $98,000 New Conventional
Previous Owner $42,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $293,000 -2.3% $148 / Sq Ft
08/19/2024 08/19/24 Price Changed $300,000 -6.2% $152 / Sq Ft
06/03/2024 06/03/24 For Sale $319,900 -- $162 / 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 $9,386 $285,000 $85,000 $200,000
2023 $4,320 $259,100 $77,300 $181,800
2021 $4,173 $212,200 $63,300 $148,900
2020 $3,873 $184,500 $55,000 $129,500
2019 $3,864 $184,500 $55,000 $129,500
2018 $3,889 $184,500 $55,000 $129,500
2017 $3,844 $174,100 $55,000 $119,100
2016 $3,943 $174,100 $55,000 $119,100
2015 $4,010 $167,400 $53,600 $113,800
2014 $3,846 $167,400 $53,600 $113,800
2013 $3,841 $167,400 $52,000 $115,400
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2024

    Vern Acker

    RE/MAX

  • J

    Buyer's Agent in 2024

    Josh Brost

    Compass Real Estate Wisconsin

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1978643

South Central Wisconsin Multiple Listing Service

APN: 0709-323-0513-3

Wisconsin Dane County Madison 53711 Orchard Ridge

1901 Reetz Rd, Madison, WI

This home is located at 1901 Reetz Rd, Madison, WI 53711 and is currently priced at $293,000, approximately $147 per square foot. This property was built in 1965. 1901 Reetz Rd is a home located in Dane County with nearby schools including Orchard Ridge Elementary School, Toki Middle School, and Vel Phillips Memorial 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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