NOT LISTED FOR SALE

Estimated Value: $545,000 - $611,000

8 Beds
4 Baths
3,600 Sq Ft
$163/Sq Ft Est. Value

Last Sold January 03, 2023

Last sale price $455,000 $126 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,667/month

7 Days on Market

Highlights

  • Balcony
  • Eat-In Kitchen
  • Water Softener is Owned
  • Vel Phillips Memorial High School Rated A
  • Property is near a bus stop
  • Dining Room

About This Home

As of January 2023

Build your investment portfolio with this Madison West Side Four Unit. Two Bedroom, one-bathroom apartments. Large shared off-street parking. Fireplaces and in-unit laundry facilities. NEW Roof. Individual mechanicals and separate water meters. Close to a half acre on a corner lot. See also MLS# X for the second property at 6702 Tottenham, a shared parking lot on a combined 3/4 of an acre. Buy both for $920,000. The location is excellent for development opportunities. Contact Lindsay Gallagher & Associates at 608.873.9239 for the most up to date information.

Last Agent to Sell the Property

Lindsay Gallagher & Associates Team

Rock Realty Listed on: 11/21/2022

Last Buyer's Agent

Katie Lichtie

NextHome Metro License #60118-90

NextHome Metro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,600

Year Built

  • Built in 1983

Lot Details

  • 0.32

Parking

  • 4 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Laundry

  • Laundry in unit
  • Washer and Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Schools

  • Huegel Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Balcony
  • 0.32 Acre Lot
  • Property is near a bus stop

Community Details

  • 4 Units
  • Meadowwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0608-012-2005-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,600

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Tenants personal property
  • Items Included: 4 Stoves, 4 Refrigerators, 4 Dishwashers, 4 Washers & 4 Dryers. Condition Unkown.
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 4
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Units W Ac: 4
  • Number Washers: 4
  • Number Water Heaters: 4
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Outside: 4

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.32
  • Zoning: SR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 43680

Tax Info

  • Land Assessment: 74000
  • Improvements: 350000
  • Total Assessment: 424000
  • Assessment year: 2022
  • Net Taxes: 8600
  • Tax Year: 2021
  • Assessor Parcel Number: 0608-012-2005-9

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Jan 2, 2023
Sold by
Lance Fors And Charlotte H Selover 1986
Bought by
Marcano Rajme Y and Marcano Yorfred H
Seller's Agent
Lindsay Gallagher & Associates Team
Rock Realty
Buyer's Agent
Katie Lichtie
NextHome Metro
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%
Views
72
Current Estimated Value
$587,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,254
Avg. Annual Appreciation
9.47%
Original Mortgage
$364,000
Outstanding Balance
$352,369
Interest Rate
6.42%
Estimated Equity
$234,885

Purchase Details

Closed on
May 21, 2007
Sold by
Colletti John J
Bought by
Fors Lance and Selover Charlotte H
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
Marcano Rajme Y $455,000 --
Fors Lance $333,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcano Rajme Y $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2023 01/03/23 Sold $455,000 -4.2% $126 / Sq Ft
11/21/2022 11/21/22 For Sale $475,000 -- $132 / 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 $21,269 $505,000 $89,000 $416,000
2023 $8,493 $455,000 $81,000 $374,000
2021 $8,600 $404,000 $67,000 $337,000
2020 $8,571 $385,000 $67,000 $318,000
2019 $8,199 $367,000 $67,000 $300,000
2018 $7,804 $350,000 $66,600 $283,400
2017 $7,573 $328,000 $66,600 $261,400
2016 $7,471 $315,000 $63,600 $251,400
2015 $7,186 $300,000 $63,600 $236,400
2014 $7,190 $300,000 $63,600 $236,400
2013 $6,835 $300,000 $63,600 $236,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1947184

South Central Wisconsin Multiple Listing Service

APN: 0608-012-2005-9