NOT LISTED FOR SALE

2027 University Ave Unit 1 Madison, WI 53726

Regent Neighborhood

Estimated Value: $705,000 - $934,000

7 Beds
3 Baths
2,674 Sq Ft
$315/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $550,000 $206 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,499/month

357 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Heating System
  • Randall Elementary School Rated A-
  • Property is near a bus stop
  • Family Room

About This Home

As of August 2019

GREAT RENTAL HISTORY WITH THIS PRIME LOCATION 3-FLAT! ALL BRICK AND 2 CAR GARAGE FOR ADDTL PARKING INCOME. WONDERFUL LAYOUT OFFERS VERSATILITY AND 1ST FLOOR 4-BED COULD BE GREAT OWNER-OCCUPIED OPTION TOO. For more info, go to SchramlRealtyGroup.com

Last Agent to Sell the Property

Jeff Schraml

Century 21 Affiliated License #49690-94 Listed on: 07/26/2018

Century 21 Affiliated

Last Buyer's Agent

Katie Schmitz

The Hub Realty License #58120-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,091

Year Built

  • Built in 1910

Lot Details

  • 4,356

Parking

  • 2 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Family Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

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
  • Individual Controls for Heating

Additional Features

  • 4,356 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-222-0707-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,091

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Miscellaneous: Close to bus line
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Furnaces: 3
  • Number Refrigerators: 3
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

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

Utilities

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

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: 0.1
  • Zoning: HIS-UH
  • Geo Subdivision: WI

Rental Info

  • Total Income: 49260

Tax Info

  • Land Assessment: 120600
  • Improvements: 358200
  • Total Assessment: 478800
  • Assessment year: 2018
  • Net Taxes: 11091
  • Tax Year: 2017
  • Assessor Parcel Number: 0709-222-0707-6

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Aug 20, 2019
Sold by
Murphy Properties Llc
Bought by
Conley Benjamin
Seller's Agent
Jeff Schraml
Century 21 Affiliated
Buyer's Agent
Katie Schmitz
The Hub Realty
List Price
$724,900
Sold Price
$550,000
Premium/Discount to List
-$174,900
-24.13%
Current Estimated Value
$843,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,000
Avg. Annual Appreciation
6.76%
Original Mortgage
$495,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2013
Sold by
Murphy Investments Llc
Bought by
Murphy Properties Llc
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
Conley Benjamin -- None Available
Murphy Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conley Benjamin $103,800
Closed Conley Benjamin $63,500
Open Conley Benjamin $495,700
Closed Conley Benjamin $495,000
Previous Owner Murphy Properties Llc $360,000
Previous Owner Murphy Investments Llc $60,000
Previous Owner Murphy Investments Llc $436,000
Previous Owner Murphy Investments Llc $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $550,000 0.0% $206 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/11/2019 07/11/19 Off Market $550,000 -- --
06/12/2019 06/12/19 Price Changed $574,900 -4.2% $215 / Sq Ft
05/07/2019 05/07/19 Price Changed $599,900 -4.0% $224 / Sq Ft
05/04/2019 05/04/19 Price Changed $624,900 +4.2% $234 / Sq Ft
05/03/2019 05/03/19 Price Changed $599,900 -4.0% $224 / Sq Ft
03/05/2019 03/05/19 Price Changed $624,900 -3.8% $234 / Sq Ft
09/20/2018 09/20/18 Price Changed $649,900 -7.1% $243 / Sq Ft
08/23/2018 08/23/18 Price Changed $699,900 -3.4% $262 / Sq Ft
08/08/2018 08/08/18 For Sale $724,900 +31.8% $271 / Sq Ft
07/30/2018 07/30/18 Off Market $550,000 -- --
07/26/2018 07/26/18 For Sale $724,900 -- $271 / 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 $28,080 $797,800 $178,600 $619,200
2023 $13,169 $725,300 $162,400 $562,900
2021 $12,684 $594,000 $136,700 $457,300
2020 $12,278 $550,000 $126,600 $423,400
2019 $11,260 $502,700 $120,600 $382,100
2018 $10,705 $478,800 $120,600 $358,200
2017 $11,091 $478,800 $120,600 $358,200
2016 $11,568 $478,800 $109,600 $369,200
2015 $9,559 $379,000 $109,600 $269,400
2014 $9,104 $379,000 $109,600 $269,400
2013 $8,612 $368,000 $105,400 $262,600
Source: Public Records

Agents Affiliated with this Home

  • Jeff Schraml

    Seller's Agent in 2019

    Jeff Schraml

    Century 21 Affiliated

    (608) 873-1626

    98 Total Sales

    Jeff Schraml
    Section Image
  • Katie Schmitz

    Buyer's Agent in 2019

    Katie Schmitz

    The Hub Realty

    (608) 556-4400

    2 in this area

    114 Total Sales

    Katie Schmitz
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1837575

South Central Wisconsin Multiple Listing Service

APN: 0709-222-0707-6

Wisconsin Dane County Madison 53726 Regent

2027 University Ave Unit 1, Madison, WI

This home is located at 2027 University Ave Unit 1, Madison, WI 53726 since 26 July 2018 and is currently estimated at $843,000, approximately $315 per square foot. This property was built in 1910. 2027 University Ave Unit 1 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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