NOT LISTED FOR SALE

Estimated Value: $276,000 - $396,000

4 Beds
2 Baths
1,624 Sq Ft
$207/Sq Ft Est. Value

Last Sold February 26, 2014

Last sale price $87,694 $54 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $2,612/month

Highlights

  • Eat-In Kitchen
  • Property is near a bus stop
  • 4-minute walk to Newville (Kenneth) Park
  • Hamilton Middle School Rated A
  • Forced Air Heating System

About This Home

As of February 2014

Ranch Duplex offers opportunity for investment or owner occupant but does need work. Two bedroom units with full basement for extra storage. All utilities are separate. Close to bus route and parks. Only a few minutes from downtown Madison/Hospitals and West Beltline Hwy. Priced well below assessment.

Last Agent to Sell the Property

Kelly Sweeney

Stark Company, REALTORS License #36986-90 Listed on: 02/01/2013

Stark Company, REALTORS

Last Buyer's Agent

Kelly Sweeney

Stark Company, REALTORS License #36986-90 Listed on: 02/01/2013

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,405

Home Design

  • Duplex

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Basement Fills Entire Space Under The House
  • 7,405 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-351-0317-0

Community Details

Overview

  • 2 Units
  • Brams Addition Subdivision

Building Details

  • Net Operating Income $5,451

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

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
  • Miscellaneous: Close to bus line
  • Noi Year: 2012
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 5709

Schools

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.17
  • Zoning: R3

Rental Info

  • Total Income: 11160

Tax Info

  • Land Assessment: 47700
  • Improvements: 125200
  • Total Assessment: 172900
  • Assessment year: 2012
  • Net Taxes: 4184
  • Tax Year: 2012
  • Assessor Parcel Number: 0709-351-0317-0

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Feb 26, 2014
Sold by
Harris Richard H and Harris Gloria M
Bought by
Harris Michael C and Harris Chelsea I
Seller's Agent
Kelly Sweeney
Stark Company, REALTORS
Buyer's Agent
Kelly Sweeney
Stark Company, REALTORS
List Price
$139,900
Sold Price
$87,694
Premium/Discount to List
-$52,206
-37.32%
Current Estimated Value
$335,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,760
Avg. Annual Appreciation
11.88%
Original Mortgage
$78,800
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Harris Michael C $87,694 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Michael C $78,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2014 02/26/14 Sold $87,694 -37.3% $54 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $139,900 -- $86 / 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 $10,012 $287,500 $64,300 $223,200
2023 $4,823 $268,700 $60,100 $208,600
2021 $4,511 $213,800 $47,900 $165,900
2020 $4,370 $198,000 $47,900 $150,100
2019 $4,387 $198,000 $47,900 $150,100
2018 $4,206 $190,200 $47,700 $142,500
2017 $3,955 $172,900 $47,700 $125,200
2016 $4,065 $172,900 $47,700 $125,200
2015 $4,108 $172,900 $47,700 $125,200
2014 $4,111 $172,900 $47,700 $125,200
2013 $5,922 $172,900 $47,700 $125,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1675174

South Central Wisconsin Multiple Listing Service

APN: 0709-351-0317-0