NOT LISTED FOR SALE

2 Woodridge Ct Unit 1 Madison, WI 53704

Ridgewood Neighborhood

Estimated Value: $796,000 - $895,000

12 Beds
8 Baths
5,300 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $430,000 $81 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,320/month

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • Washer and Dryer

About This Home

As of May 2016

Investment opportunity, located on Madison's east side! Each unit has 3 bedrooms, 2 full baths, attached 1 car garage & balcony or patio . Large park across the street and is located close to shopping & schools. All units with private entry, private laundry, stove, dishwasher & refrigerator. The exterior is vinyl and maintenance free. Project Home has provided insulation. All the units are occupied. Good rental history.

Last Agent to Sell the Property

Gail Rutkowski

Century 21 Affiliated License #57120-90 Listed on: 09/15/2015

Last Buyer's Agent

Lynette Porior-Arcel

First Weber Inc License #56047-90

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,364

Year Built

  • Built in 1994

Lot Details

  • 0.44

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener

Schools

  • Hawthorne Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Additional Features

  • Balcony
  • 0.44 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 0810-342-0716-9

Community Details

Overview

  • 4 Units
  • Ridgewood Subdivision

Building Details

  • Net Operating Income $3,801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,364

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 3 story
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 4
  • Number Dryers: 3
  • Number Washers: 3
  • Number Water Softeners: 4

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 54429

Schools

  • Elementary School: Hawthorne
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.44
  • Zoning: SR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 50628

Tax Info

  • Net Taxes: 10364
  • Tax Year: 2014
  • Assessor Parcel Number: 0810-342-0716-9

Multi Family

  • Number Of3 Bedrooms: 4
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2019
Sold by
Fsg Investments Llc
Bought by
Ho-Chuak Housing & Common Dev Agency
Current Estimated Value
$852,004

Purchase Details

Listed on
Sep 15, 2015
Closed on
May 3, 2016
Sold by
Nelson Robert R and Nelson Hiroko
Bought by
Fsg Investment Llc
Seller's Agent
Gail Rutkowski
Century 21 Affiliated
Buyer's Agent
Lynette Porior-Arcel
First Weber Inc
List Price
$420,000
Sold Price
$430,000
Premium/Discount to List
$10,000
2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$344,000
Interest Rate
3.71%
Mortgage Type
Commercial
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
Ho-Chuak Housing & Common Dev Agency $520,000 Knight Barry Title
Fsg Investment Llc $430,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fsg Investment Llc $344,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $430,000 +2.4% $81 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
09/15/2015 09/15/15 For Sale $420,000 -- $79 / 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 -- -- -- --
2021 $0 $0 $0 $0
2020 $0 $520,000 $100,000 $420,000
2019 $11,425 $510,000 $100,000 $410,000
2018 $11,300 $489,000 $99,800 $389,200
2017 $10,489 $453,000 $99,800 $353,200
2016 $10,779 $453,000 $90,800 $362,200
2015 $10,358 $431,000 $90,800 $340,200
2014 $10,364 $431,000 $90,800 $340,200
2013 $10,060 $418,000 $90,800 $327,200
Source: Public Records

Agents Affiliated with this Home

  • Gail Rutkowski

    Seller's Agent in 2016

    Gail Rutkowski

    Century 21 Affiliated

    (608) 345-8737

    1 Total Sale

    Gail Rutkowski
    Section Image

  • L

    Buyer's Agent in 2016

    Lynette Porior-Arcel

    First Weber Inc

    (608) 338-5554

    4 in this area

    142 Total Sales

    Lynette Porior-Arcel
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1758093

South Central Wisconsin Multiple Listing Service

APN: 0810-342-0716-9

Wisconsin Dane County Madison 53704 Ridgewood

2 Woodridge Ct Unit 1, Madison, WI

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