NOT LISTED FOR SALE

2107-09 University Madison, WI 53726

Regent Neighborhood

Estimated Value: $935,347 - $1,019,000

7 Beds
4 Baths
3,065 Sq Ft
$315/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $925,000 $302 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,346/month

1 Day on Market

Highlights

  • Wood Flooring
  • Furnished
  • Accessible Full Bathroom
  • Randall Elementary School Rated A-
  • Accessible Bedroom
  • Property is near a bus stop

About This Home

As of April 2024

Sold Comp. Exceptional investment opportunity in University Heights! This property is comprised of 4 units accompanied by 6 outdoor parking spaces. Extensive updates have been completed including windows, roof, foundation, furnace, siding, as well as numerous upgrades within the units. The property has been well maintained and benefits from its close proximity to the UW Hospital, Vet school, and University campus, ensuring a strong tenant demand. The unit configuration consists of two 1-bedroom units, one 2-bedroom unit, and a spacious 3-bedroom unit, all boasting high ceilings, vintage charm, hardwood floors, and private entries. 3 of the units are fully furnished and rented on a monthly basis, presenting a lucrative revenue stream.

Last Listed By

Brandon Grosse

Accord Realty License #54913-90 Listed on: 02/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,693

Year Built

  • Built in 1904

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Wood Flooring
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Block Basement Construction

Parking

  • 6 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Location

  • Property is near a bus stop

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Radiant Heating System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0709-222-0602-8

Community Details

Overview

  • 4 Units
  • University Heights Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,693

Year Built

Built in 1904

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, 2 story
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot
  • Items Excluded: Tenant's personal property, Persian rug and some wall art
  • Items Included: 4 Range, 4 Refrigerator, 2 Dishwasher, 4 Microwave, 1 Washer, 1 Dryer, Furniture in units 1, 2 and 3, all window a/c units
  • Miscellaneous: Shared laundry, Close to bus line, Internet - Cable, Internet - DSL
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Block foundation
  • Number Dish Washers: 3
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Washers: 1
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 6

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside

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: 0.15
  • Zoning: HIS-UH, TR
  • Geo Subdivision: WI

Rental Info

  • Total Income: 97260

Tax Info

  • Land Assessment: 220000
  • Improvements: 670000
  • Total Assessment: 890000
  • Assessment year: 2024
  • Net Taxes: 14693
  • Tax Year: 2023
  • Assessor Parcel Number: 0709-222-0602-8

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 25, 2024
Sold by
Deluxe Properties Llc
Bought by
219 Properties Llc
Seller's Agent
Brandon Grosse
Accord Realty
Buyer's Agent
Michael Restaino
Restaino & Associates
List Price
$925,000
Sold Price
$925,000
Total Days on Market
1
Views
4
Current Estimated Value
$965,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,837
Avg. Annual Appreciation
4.16%

Purchase Details

Closed on
Dec 29, 2010
Sold by
Struck Michael C
Bought by
Deluxe Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
4.87%
Mortgage Type
Commercial

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
219 Properties Llc $925,000 Fidelity National Title
Deluxe Properties Llc -- None Available
Struck Michael C $439,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deluxe Properties Llc $342,000
Previous Owner Struck Michael C $351,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $925,000 0.0% $302 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $925,000 -- $302 / 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 $31,344 $890,000 $220,000 $670,000
2023 $14,694 $808,700 $200,000 $608,700
2021 $12,104 $567,000 $164,000 $403,000
2020 $12,660 $567,000 $164,000 $403,000
2019 $12,102 $540,000 $164,000 $376,000
2018 $11,475 $513,000 $163,400 $349,600
2017 $11,889 $513,000 $163,400 $349,600
2016 $11,642 $489,000 $148,400 $340,600
2015 $11,423 $452,000 $148,400 $303,600
2014 $10,873 $452,000 $148,400 $303,600
2013 $10,037 $439,000 $148,400 $290,600
Source: Public Records

Agents Affiliated with this Home

  • Brandon Grosse

    Seller's Agent in 2024

    Brandon Grosse

    Accord Realty

    (608) 577-9860

    3 in this area

    174 Total Sales

    Brandon Grosse
    Section Image
  • Michael Restaino

    Buyer's Agent in 2024

    Michael Restaino

    Restaino & Associates

    (608) 628-0772

    1 in this area

    194 Total Sales

    Michael Restaino
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1976064

South Central Wisconsin Multiple Listing Service

APN: 0709-222-0602-8

Wisconsin Dane County Madison 53726 Regent

2107-09 University, Madison, WI

Homes for Sale in Madison, WI

This home is located at 2107-09 University, Madison, WI 53726 since 16 February 2024 and is currently estimated at $965,837, approximately $315 per square foot. This property was built in 1904. 2107-09 University 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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