NOT LISTED FOR SALE

Estimated Value: $324,000 - $418,000

5 Beds
2 Baths
1,856 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $230,000 $124 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,406/month

6 Days on Market

Highlights

  • Balcony
  • Eat-In Kitchen
  • 1-Story Property
  • Vel Phillips Memorial High School Rated A
  • Accessible Bedroom
  • Property is near a bus stop

About This Home

As of October 2020

All offers considered Weds., Sept. 2. Separately metered for all utilities, adjacent to green space offering privacy and natural beauty. Next to the single family section of Meadowood. Floorplans available in associated docs. Grass/snow is taken care of per lease by one tenant unless snow is over 4". All measurements approximate. Buyer should measure to verify.

Last Agent to Sell the Property

Jim Schuessler

Stark Company, REALTORS License #63398-94 Listed on: 08/27/2020

Stark Company, REALTORS

Last Buyer's Agent

Kevin Navarro

EXP Realty, LLC License #84705-94

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,116

Year Built

  • Built in 1968

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 3 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Softener is Owned

Additional Features

  • Accessible Bedroom
  • Balcony
  • Property is near a bus stop

Community Details

  • 2 Units
  • Prairie Road Add To Meadowood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0608-011-0508-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,116

Year Built

Built in 1968

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, 1 story
  • Barrier Free: First floor bedroom, Level drive, Level lot
  • Items Excluded: Tenants' personal property.
  • Items Included: 2 stoves, 2 refrigerators, 2 dishwashers, 2 water softeners
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Noi Year: 2020
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 3

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, 2 spaces, Outside
  • Utilities: Separate elec meters, Separate gas meters, Separate water 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: 0.21
  • Zoning: SR-C3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 22980

Tax Info

  • Land Assessment: 68800
  • Improvements: 170700
  • Total Assessment: 239500
  • Assessment year: 2020
  • Net Taxes: 5116
  • Tax Year: 2019
  • Assessor Parcel Number: 0608-011-0508-7

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 28, 2020
Sold by
Westbrook Lane Llc
Bought by
Cornerstone Residential Llc
Seller's Agent
Jim Schuessler
Stark Company, REALTORS
Buyer's Agent
Kevin Navarro
EXP Realty, LLC
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$375,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,604
Avg. Annual Appreciation
9.56%
Original Mortgage
$184,000
Outstanding Balance
$165,862
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$192,571

Purchase Details

Closed on
Sep 4, 2019
Sold by
Wolf James W
Bought by
Westbrook Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,375
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2018
Sold by
Wolf Nathan J
Bought by
Westbrook Lane Trust
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
Cornerstone Residential Llc $230,000 None Available
Westbrook Lane Llc -- Boston National Title
Westbrook Lane Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornerstone Residential Llc $184,000
Previous Owner Westbrook Lane Llc $153,375
Previous Owner Wole Nathan J $114,375
Previous Owner Wolf Nathan J $14,500
Previous Owner Wolf Nathan J $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $230,000 0.0% $124 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $230,000 -- $124 / 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 $11,365 $325,700 $105,300 $220,400
2023 $5,324 $296,100 $95,700 $200,400
2021 $4,859 $230,000 $74,300 $155,700
2020 $5,302 $239,500 $68,800 $170,700
2019 $5,116 $230,300 $68,800 $161,500
2018 $4,354 $196,800 $68,800 $128,000
2017 $3,747 $164,000 $59,800 $104,200
2016 $3,494 $149,100 $59,800 $89,300
2015 $3,394 $137,500 $59,800 $77,700
2014 $3,253 $137,500 $59,800 $77,700
2013 $3,677 $143,400 $59,800 $83,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1892139

South Central Wisconsin Multiple Listing Service

APN: 0608-011-0508-7