NOT LISTED FOR SALE

Estimated Value: $449,336 - $526,000

5 Beds
2 Baths
1,974 Sq Ft
$248/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $280,000 $142 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,800/month

2 Days on Market

Highlights

  • Fenced Yard
  • Balcony
  • Accessible Bedroom
  • Vel Phillips Memorial High School Rated A
  • Eat-In Kitchen
  • Accessible Full Bathroom

About This Home

As of November 2020

Great for an owner occupant or investor adding to their portfolio. This west side duplex located on a cul-de-sac has tons to offer, including nice large fenced yard, sump pumps, garage parking for each side and full basement for storage. Both tenants have been in place for 10+ years, which means rents are way under market and there is tons of upside. Tenant in 2109 is moving out October 31, leaving the 3 bedroom open to owner occupy upon closing or find a tenant and begin collecting full rent. Tenants pay all utilities and take care of snow and lawn. Included chest freezer is the one next to sump pump in 2109.

Last Agent to Sell the Property

Brian Conne

First Weber, Inc License #81894-94 Listed on: 09/16/2020

First Weber, Inc

Last Buyer's Agent

Andrea Potterton

Potterton Rule Real Estate LLC License #54670-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,493

Year Built

  • Built in 1978

Lot Details

  • 0.33 Acre Lot
  • Fenced Yard
  • Level Lot

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Poured Concrete
  • Wood Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

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

  • Family Room
  • Balcony
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0608-012-1510-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,493

Year Built

Built in 1978

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
  • Barrier Free: First floor bedroom, First floor full bath, Level lot
  • Items Excluded: Tenant's personal property, Seller's personal property, washer and dryer in 2111 (tenant owned)
  • Items Included: 2 refrigerators, 2 stove/ovens, 2 dishwashers, 2 disposals, 2 water softeners, 1 washer/dryer, 1 chest freezer
  • Miscellaneous: Close to bus line, Water Softener Owned, Fenced yard
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn, Sump pump
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Wood

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached
  • 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: 0.33
  • Zoning: SR-C3

Tax Info

  • Land Assessment: 70000
  • Improvements: 186900
  • Total Assessment: 256900
  • Assessment year: 2020
  • Net Taxes: 5493
  • Tax Year: 2019
  • Assessor Parcel Number: 0608-012-1510-9

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
Sep 16, 2020
Closed on
Nov 2, 2020
Sold by
Colby Thomas A and Colby Lou Ann
Bought by
Brown Christopher E and Brown Tricia K
Seller's Agent
Brian Conne
First Weber, Inc
Buyer's Agent
Andrea Potterton
Potterton Rule Real Estate LLC
List Price
$279,900
Sold Price
$280,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$489,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,584
Avg. Annual Appreciation
10.96%
Original Mortgage
$220,000
Outstanding Balance
$198,313
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$265,459
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
Brown Christopher E $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Christopher E $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $280,000 0.0% $142 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $279,900 -- $142 / 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 $13,840 $395,600 $107,000 $288,600
2023 $6,485 $359,600 $97,300 $262,300
2021 $5,919 $279,300 $75,600 $203,700
2020 $5,693 $256,900 $70,000 $186,900
2019 $5,493 $247,000 $70,000 $177,000
2018 $4,676 $211,100 $70,000 $141,100
2017 $4,204 $183,600 $60,900 $122,700
2016 $3,921 $166,900 $60,900 $106,000
2015 $3,883 $160,400 $60,900 $99,500
2014 $3,808 $160,400 $60,900 $99,500
2013 $4,124 $160,400 $60,900 $99,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1893617

South Central Wisconsin Multiple Listing Service

APN: 0608-012-1510-9