NOT LISTED FOR SALE

1905 Winnebago St Unit 1 Madison, WI 53704

Atwood Neighborhood

Estimated Value: $513,000 - $625,000

6 Beds
2 Baths
2,127 Sq Ft
$273/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $368,000 $173 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,627/month

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • Forced Air Heating System
  • Marquette Elementary Rated A-
  • Water Softener is Owned
  • Family Room

About This Home

As of March 2018

Two flat in very desirable near east side Madison neighborhood ! New roof in 2008 ! NEW gutters in 2016 ! NEW furnace for lower unit ( #1 ) in 2016 ! Separately metered gas and electric so tenants pay those bills ! Lower unit has one parking space and upper unit has two parking spaces behind the building ! Some storage in the basement for tenants . Current tenants have their own laundry machines in the basement . Both units rented thru 7/31/2018 . BUS STOP on the same block as the building ! PLEASE NOTE 48 hours notice is required for all showings .

Last Agent to Sell the Property

Philip Krause

Incredible Real Estate License #60857-94 Listed on: 02/09/2018

Last Buyer's Agent

Anthony Schey

Lakeplace.com/Dane Arthur Real Estate Agency License #53728-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,465

Year Built

  • Built in 1908

Lot Details

  • 3,049

Home Design

  • Duplex

Interior Spaces

  • Family Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven or Range

Parking

  • 3 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Additional Features

  • 3,049 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Net Operating Income $16,757

Listing and Financial Details

  • Assessor Parcel Number 0710-072-0519-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,465

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Excluded: Personal property of tenants and seller .
  • Items Included: Two stoves , two refrigerators , two water heaters and one water softener .
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Water Softeners: 1

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 3

Utilities

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

Fee Information

  • Total Expenses: 12243

Schools

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

Lot Info

  • Estimated Aces: 0.07
  • Zoning: TSS
  • Geo Subdivision: WI

Rental Info

  • Total Income: 29000

Tax Info

  • Net Taxes: 5465
  • Tax Year: 2016
  • Assessor Parcel Number: 0710-072-0519-1

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2021
Sold by
Sundby Sina
Bought by
Snowman Properties Llc
Current Estimated Value
$581,667

Purchase Details

Listed on
Feb 9, 2018
Closed on
Mar 30, 2018
Sold by
Scherer Alison J and Scherer John M
Bought by
Sundby Sina L
Seller's Agent
Philip Krause
Incredible Real Estate
Buyer's Agent
Anthony Schey
Lakeplace.com/Dane Arthur Real Estate Agency
List Price
$375,000
Sold Price
$368,000
Premium/Discount to List
-$7,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Feb 11, 2005
Sold by
Stirr Richard L and Stirr Gail M
Bought by
Scherer John M and Scherer Alison J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,150
Interest Rate
5.78%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Snowman Properties Llc -- None Available
Sundby Sina L $368,000 --
Scherer John M $221,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scherer John M $22,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $368,000 -1.9% $173 / Sq Ft
02/09/2018 02/09/18 For Sale $375,000 -- $176 / 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 $17,738 $505,700 $59,900 $445,800
2023 $8,550 $472,600 $59,900 $412,700
2021 $8,095 $380,500 $52,900 $327,600
2020 $8,189 $368,000 $49,000 $319,000
2019 $8,222 $368,000 $43,400 $324,600
2018 $5,775 $259,900 $43,400 $216,500
2017 $5,774 $242,900 $36,200 $206,700
2016 $5,465 $231,300 $36,200 $195,100
2015 $5,256 $213,900 $36,200 $177,700
2014 $5,104 $213,900 $36,200 $177,700
2013 $4,663 $205,700 $34,800 $170,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1822169

South Central Wisconsin Multiple Listing Service

APN: 0710-072-0519-1