NOT LISTED FOR SALE

1967 E Main St Unit 1 Madison, WI 53704

Atwood Neighborhood

Estimated Value: $374,000 - $435,000

4 Beds
2 Baths
1,565 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $187,000 $119 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,548/month

Highlights

  • Balcony
  • Accessible Bedroom
  • Forced Air Heating System
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Family Room

About This Home

As of September 2014

Exceptional location, easy to rent, income producer & development opportunity…what more could you ask from your investment property?! This unique, near-east 2-flat is close to downtown, UW, parks, dining, nightlife, schools, both lakes & East Towne. Both units feature 2 bed/1 bath & rents are $850/mo thru 7/31/15! Updts/ftrs incl; newer mechanicals, 50 yr metal roof, fresh paint, many new windows, (2) new rfrgrtrs, new blinds, hrdwd flrs, bsmt storage, huge yard & tons of parking. SRM $185,000-$195,000.

Last Agent to Sell the Property

Eric Hansen

Stark Company, REALTORS License #57489-90 Listed on: 08/01/2014

Stark Company, REALTORS

Last Buyer's Agent

Corie Sandy Shortino

Keller Williams Realty License #74318-94

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,976

Year Built

  • Built in 1909

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 0710-063-1301-0

Community Details

Overview

  • 2 Units
  • Nielson Willis Waynne Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $6,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,976

Year Built

Built in 1909

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
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot, Door openings 29" or more, Low pile or no carpeting
  • Miscellaneous: Shared laundry
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl, Wood

Garage/Parking

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

Utilities

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

Fee Information

  • Total Expenses: 14000

Schools

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

Lot Info

  • Estimated Aces: 0.13
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 20400

Tax Info

  • Net Taxes: 3976
  • Tax Year: 2013
  • Assessor Parcel Number: 0710-063-1301-0

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2014
Closed on
Sep 25, 2014
Sold by
Kolar Ryan J and Kolar Melyssa J
Bought by
Weber Schimming Michael and Weber Schimming Merritt Leigh
Seller's Agent
Eric Hansen
Stark Company, REALTORS
Buyer's Agent
Corie Sandy Shortino
Keller Williams Realty
List Price
$185,000
Sold Price
$187,000
Premium/Discount to List
$2,000
1.08%
Current Estimated Value
$408,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,045
Avg. Annual Appreciation
7.29%
Original Mortgage
$120,000
Outstanding Balance
$92,031
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$316,014

Purchase Details

Listed on
Aug 19, 2011
Closed on
May 18, 2012
Sold by
Sitts Bruce A
Bought by
Kolar Ryan J and Kolar Melyssa J
Seller's Agent
Jim White
Investment Brokers Realty
Buyer's Agent
Eric Hansen
Stark Company, REALTORS
List Price
$174,900
Sold Price
$162,500
Premium/Discount to List
-$12,400
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$159,544
Interest Rate
3.75%
Mortgage Type
FHA
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
Weber Schimming Michael $187,000 None Available
Kolar Ryan J $162,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weber Schimming Michael $120,000
Previous Owner Kolar Ryan J $159,544
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2014 09/29/14 Sold $187,000 +1.1% $119 / Sq Ft
08/10/2014 08/10/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $185,000 +13.8% $118 / Sq Ft
05/18/2012 05/18/12 Sold $162,500 -7.1% $104 / Sq Ft View Prior Sale
03/31/2012 03/31/12 Pending -- -- --
08/19/2011 08/19/11 For Sale $174,900 -- $112 / 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 $12,423 $355,600 $73,800 $281,800
2023 $5,986 $332,300 $73,800 $258,500
2021 $5,667 $267,600 $65,000 $202,600
2020 $5,488 $247,800 $60,200 $187,600
2019 $5,244 $236,000 $53,300 $182,700
2018 $4,890 $220,600 $53,300 $167,300
2017 $4,732 $206,200 $44,400 $161,800
2016 $4,628 $196,400 $44,400 $152,000
2015 $4,450 $169,100 $44,400 $124,700
2014 $4,019 $169,100 $44,400 $124,700
2013 $4,060 $162,600 $42,700 $119,900
Source: Public Records

Agents Affiliated with this Home

  • Eric Hansen

    Seller's Agent in 2014

    Eric Hansen

    Stark Company, REALTORS

    (608) 219-6506

    186 Total Sales

    Eric Hansen
    Section Image

  • C

    Buyer's Agent in 2014

    Corie Sandy Shortino

    Keller Williams Realty

    (608) 334-6787

    4 Total Sales

    Corie Sandy Shortino
    Section Image

  • J

    Seller's Agent in 2012

    Jim White

    Investment Brokers Realty

    (608) 692-8156

    6 Total Sales

    Jim White
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1723873

South Central Wisconsin Multiple Listing Service

APN: 0710-063-1301-0

Wisconsin Dane County Madison 53704 Atwood

1967 E Main St Unit 1, Madison, WI

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