NOT LISTED FOR SALE

2-4 Nantucket Ct Madison, WI 53719

Westside Neighborhood

Estimated Value: $428,000 - $525,000

6 Beds
2 Baths
2,690 Sq Ft
$177/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $335,000 $125 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,106/month

64 Days on Market

Highlights

  • Balcony
  • Property is near bus stop
  • Forced Air Heating System
  • Vel Phillips Memorial High School Rated A

About This Home

As of January 2021

Investment opportunity on Madison's west side! Fully occupied duplex leased through 2021. Both units are 3 bedroom 1 bath with an attached 1 car garage. Some updates include new countertops and kitchen cabinets. Continue to rent for income or owner occupy one side in the future. Hurry, this location will not last long.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 10/09/2020

Co-Listed By

Jeremy Fuelle

Real Broker LLC License #90207-94

Last Buyer's Agent

Matthew Lindholm

Bruner Realty & Management License #89947-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,815

Year Built

  • Built in 1985

Lot Details

  • 9,148

Home Design

  • Duplex
  • Vinyl Siding

Parking

  • Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Schools

  • Olson Elementary School
  • Toki Middle School
  • Memorial High School

Additional Features

  • 2-Story Property
  • Balcony
  • 9,148 Sq Ft Lot
  • Property is near bus stop
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 070836208102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,815

Year Built

Built in 1985

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, 2 story
  • Items Excluded: Personal property of tenants in occupancy.
  • Items Included: 2 refrigerators, 2 stoves, 2 dishwashers, 2 furnaces, 2 water heaters.
  • Miscellaneous: Close to bus line
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 2
  • Number Units W Ac: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Opener inc

Schools

  • Elementary School: Olson
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Estimated Aces: 0.21
  • Zoning: PD

Rental Info

  • Total Income: 32580

Tax Info

  • Net Taxes: 5815
  • Tax Year: 2019
  • Assessor Parcel Number: 070836208102

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Scherschel Zachary D
Bought by
Volker Nicholas
Current Estimated Value
$502,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$240,902
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$235,408

Purchase Details

Listed on
Oct 9, 2020
Closed on
Jan 26, 2021
Sold by
Apic Llc
Bought by
Scherschel Zachary D
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Matthew Lindholm
Bruner Realty & Management
List Price
$339,000
Sold Price
$335,000
Premium/Discount to List
-$4,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$251,250
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2017
Closed on
Apr 19, 2017
Sold by
Mcdougal David and Mcdougal David J
Bought by
Apic Llc
Seller's Agent
Jo Ferraro
EXP Realty, LLC
Buyer's Agent
Jo Ferraro
EXP Realty, LLC
List Price
$264,900
Sold Price
$260,000
Premium/Discount to List
-$4,900
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$221,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Volker Nicholas $395,000 None Listed On Document
Scherschel Zachary D $166,000 None Available
Apic Llc $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volker Nicholas $245,000
Previous Owner Scherschel Zachary D $251,250
Previous Owner Apic Llc $221,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2021 01/26/21 Sold $335,000 -1.2% $125 / Sq Ft
10/09/2020 10/09/20 For Sale $339,000 +30.4% $126 / Sq Ft
04/19/2017 04/19/17 Sold $260,000 -1.8% $97 / Sq Ft View Prior Sale
03/07/2017 03/07/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $264,900 -- $98 / 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 $16,664 $439,300 $115,700 $323,600
2023 $8,650 $399,400 $105,200 $294,200
2022 $14,168 $359,800 $94,800 $265,000
2021 $6,947 $327,100 $86,200 $240,900
2020 $6,203 $279,600 $73,700 $205,900
2019 $5,815 $261,300 $73,700 $187,600
2018 $5,778 $260,000 $73,700 $186,300
2017 $5,240 $228,000 $70,900 $157,100
2016 $4,858 $203,600 $63,300 $140,300
2015 $4,755 $195,700 $63,300 $132,400
2014 $4,663 $195,700 $63,300 $132,400
2013 $4,621 $195,700 $61,500 $134,200
Source: Public Records

Agents Affiliated with this Home

  • James Stopple

    Seller's Agent in 2021

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    7 in this area

    91 Total Sales

    James Stopple
    Section Image
  • Jeremy Fuelle

    Seller Co-Listing Agent in 2021

    Jeremy Fuelle

    Real Broker LLC

    (855) 450-0442

    3 in this area

    22 Total Sales

    Jeremy Fuelle
    Section Image

  • M

    Buyer's Agent in 2021

    Matthew Lindholm

    Bruner Realty & Management

    (608) 333-5301

    8 in this area

    50 Total Sales

    Matthew Lindholm
    Section Image
  • Jo Ferraro

    Seller's Agent in 2017

    Jo Ferraro

    EXP Realty, LLC

    (608) 445-2287

    12 in this area

    989 Total Sales

    Jo Ferraro
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1895728

South Central Wisconsin Multiple Listing Service

APN: 0708-362-0810-2

Wisconsin Dane County Madison 53719 Westside

2-4 Nantucket Ct, Madison, WI

Not Listed for Sale

MultiFamily

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