NOT LISTED FOR SALE

2001 Monroe St Madison, WI 53711

Vilas Neighborhood

Estimated Value: $619,427 - $690,000

4 Beds
1 Bath
1,542 Sq Ft
$418/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $305,000 $198 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,977/month

6 Days on Market

Highlights

  • Den
  • Fireplace
  • Property is near a bus stop
  • Randall Elementary School Rated A-
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of March 2015

INCOME PROPERTY: Nestled between the UW Campus and Edgewood College and adjacent to the Monroe Street Shoppes. Currently rented until Aug. of 2016 at $1995/month. 4 occupants currently, but Sellers have verification to rent to 5 Unrelated. See additional documents. New items include: Windows, Insulation, Flooring, Bath, 200 amp electrical, water heater, decking, plus much more. Great location, great price, just simply a great income property opportunity.

Last Agent to Sell the Property

Mike Adler

Restaino & Associates License #28892-94 Listed on: 02/09/2015

Restaino & Associates

Last Buyer's Agent

Tom Mietzel

Havenwood Realty License #50725-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,964

Lot Details

  • 3,790

Parking

  • Outside Parking

Home Design

  • Wood Siding

Interior Spaces

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

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

  • 3,790 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • Wingra Park Subdivision
  • Net Operating Income $23,190

Listing and Financial Details

  • Assessor Parcel Number 0709-223-2802-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,964

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: SingleFam zoned MultiFam
  • Miscellaneous: Close to bus line
  • Noi Year: 2014
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 1
  • Number Stoves: 1
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

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

Utilities

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

Fee Information

  • Total Expenses: 750

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: 0.087
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 23940

Tax Info

  • Land Assessment: 82800
  • Improvements: 169700
  • Total Assessment: 252500
  • Assessment year: 2014
  • Net Taxes: 5964
  • Tax Year: 2014
  • Assessor Parcel Number: 0709-223-2802-0

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2015
Sold by
Rahman Asgar
Bought by
2001 Monroe Llc
Current Estimated Value
$644,857

Purchase Details

Listed on
Feb 9, 2015
Closed on
Mar 27, 2015
Sold by
Cj Properties Of Madison Llc
Bought by
Rahman Asgar
Seller's Agent
Mike Adler
Restaino & Associates
Buyer's Agent
Tom Mietzel
Havenwood Realty
List Price
$299,700
Sold Price
$305,000
Premium/Discount to List
$5,300
1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$228,750
Interest Rate
3.67%
Mortgage Type
New Conventional
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
2001 Monroe Llc -- Attorney
Rahman Asgar $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rahman Asgar $228,750
Previous Owner Cj Properties Of Madison Llc $25,169
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $305,000 +1.8% $198 / Sq Ft
02/15/2015 02/15/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $299,700 -- $194 / 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 $17,553 $491,400 $154,100 $337,300
2023 $8,242 $446,700 $140,100 $306,600
2021 $7,930 $365,900 $114,700 $251,200
2020 $7,979 $351,800 $114,700 $237,100
2019 $7,757 $341,600 $111,400 $230,200
2018 $7,615 $341,600 $111,400 $230,200
2017 $7,037 $305,000 $99,500 $205,500
2016 $7,232 $305,000 $93,000 $212,000
2015 $6,404 $252,500 $82,800 $169,700
2014 $6,040 $252,500 $82,800 $169,700
2013 $5,517 $242,800 $79,600 $163,200
Source: Public Records

Agents Affiliated with this Home

  • Mike Adler

    Seller's Agent in 2015

    Mike Adler

    Restaino & Associates

    (608) 235-5115

    194 Total Sales

    Section Image

  • T

    Buyer's Agent in 2015

    Tom Mietzel

    Havenwood Realty

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1736583

South Central Wisconsin Multiple Listing Service

APN: 0709-223-2802-0

Wisconsin Dane County Madison 53711 Vilas

2001 Monroe St, Madison, WI

This home is located at 2001 Monroe St, Madison, WI 53711 since 09 February 2015 and is currently estimated at $644,857, approximately $418 per square foot. 2001 Monroe St is a home located in Dane County with nearby schools including Randall Elementary School, Hamilton Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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