NOT LISTED FOR SALE

Estimated Value: $618,000 - $866,228

6 Beds
2 Baths
2,002 Sq Ft
$348/Sq Ft Est. Value

Last Sold January 21, 2015

Last sale price $279,900 $140 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $5,056/month

386 Days on Market

Highlights

  • Balcony
  • Eat-In Kitchen
  • Property is near a bus stop
  • Hamilton Middle School Rated A
  • Accessible Bedroom
  • 4-minute walk to Brittingham Park

About This Home

As of January 2015

Two Flat located in Block 49 downtown Madison. Two 3 bdrm units w/large front porches. Rare off street parking for up to 3 cars. Huge 3rd flr walk-up attic has future expansion potential. Laundry machines in basement are owned & provide for additional income. This property is in the right location for rent & value appreciation for the first time or experienced investor. Parking income is $125/month. See docs for foundation repair estimate.

Last Agent to Sell the Property

Andrew Stebnitz

Restaino & Associates License #56513-90 Listed on: 11/20/2013

Restaino & Associates

Last Buyer's Agent

James Bisbee

Slinde Realty Company License #62592-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,313

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway Level
  • Outside Parking

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters

Additional Features

  • 2-Story Property
  • Accessible Bedroom
  • Balcony
  • Property is near a bus stop

Community Details

  • 2 Units
  • Laundry Facilities
  • Net Operating Income $33,900

Listing and Financial Details

  • Assessor Parcel Number 0709-231-2703-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,313

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, 2 flat-up and down
  • Barrier Free: First floor bedroom, Level drive, Level lot
  • Miscellaneous: Shared laundry, Close to bus line
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

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

Schools

  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.05
  • Zoning: DR2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 33900

Tax Info

  • Net Taxes: 6313
  • Tax Year: 2012
  • Assessor Parcel Number: 0709-231-2703-3

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2020
Sold by
Long Douglas M and Long Myrna
Bought by
Clifford Jake Patrick
Current Estimated Value
$697,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,600
Outstanding Balance
$309,546
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$387,761

Purchase Details

Listed on
Nov 20, 2013
Closed on
Jan 21, 2015
Sold by
Slattery Susan B
Bought by
Long Douglas M
Seller's Agent
Andrew Stebnitz
Restaino & Associates
Buyer's Agent
James Bisbee
Slinde Realty Company
List Price
$299,900
Sold Price
$279,900
Premium/Discount to List
-$20,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clifford Jake Patrick $368,000 Knight Barry Title
Long Douglas M $279,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clifford Jake Patrick $349,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2015 01/21/15 Sold $279,900 -6.7% $140 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $299,900 -- $150 / 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 $16,489 $467,800 $87,300 $380,500
2023 $7,903 $437,200 $87,300 $349,900
2021 $7,826 $368,000 $80,800 $287,200
2020 $7,061 $317,800 $78,400 $239,400
2019 $7,090 $317,800 $81,600 $236,200
2018 $6,739 $302,700 $81,600 $221,100
2017 $7,058 $302,700 $81,600 $221,100
2016 $6,831 $288,300 $74,200 $214,100
2015 $6,903 $274,600 $74,200 $200,400
2014 $6,575 $274,600 $74,200 $200,400
2013 $6,006 $264,000 $70,000 $194,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1701998

South Central Wisconsin Multiple Listing Service

APN: 0709-231-2703-3