NOT LISTED FOR SALE

Estimated Value: $718,000 - $876,000

7 Beds
3 Baths
2,700 Sq Ft
$289/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $650,000 $241 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,290/month

6 Days on Market

Highlights

  • Second Kitchen
  • Open Floorplan
  • Main Floor Bedroom
  • Marquette Elementary Rated A-
  • Wood Flooring
  • Fenced Yard

About This Home

As of April 2022

Exceptional Combination! Upgraded 2+ unit classical flat in very appealing Madison neighborhood w/ historically low vacancies. Top walkability zone - 1 block to iconic grocery w/ bakery, 2 blocks offers amazing restaurants, bus stops. 3 blocks Lake Monona, Yahara Place Park, Live music, festivals, Olbrich Botanical Gardens, etc. 2133 Center Ave was owner occupied allowing for remodels of kitchens, baths, roof, (see FEATURE sheet Docs). Income based on recent rental posting, electric & gas split. May/June occupancy posted, Seller maintains interested tenant list. Expenses based on 4 years of improvements divided by 4. NOTE: Unit 1 has unique efficiency w/ private rear entrance. Early Spring closing ideal. Buyer to verify dimensions if important. Bdrm 3 of upper unit -no closet.

Last Agent to Sell the Property

Jan McGee

Stark Company, REALTORS License #52471-94 Listed on: 02/25/2022

Stark Company, REALTORS

Last Buyer's Agent

Jon Poletti

Haven Real Estate Partners License #59287-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,704

Year Built

  • Built in 1911

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Yard

Home Design

  • Duplex
  • Block Foundation
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Walk-in Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Block Basement Construction

Parking

  • 6 Open Parking Spaces
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Handicap Shower
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Individual Controls for Heating
  • Water Softener is Owned
  • High Speed Internet

Additional Features

  • Balcony
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-071-0502-8

Community Details

Overview

  • 2 Units
  • Parkview Sasy Subdivision

Building Details

  • Net Operating Income $41,651

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,704

Year Built

Built in 1911

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down, Townhouse style units
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Stall shower, Low pile or no carpeting
  • Items Included: 3 Refrigerators, 2 Range/Oven, 2 Microwave, 2 Disposal, 1 Dishwasher, 1 Washer, 1 Dryer, Water Softener
  • Miscellaneous: Close to bus line, Water Softener Owned, Fenced yard, Internet - Fiber Avail
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard, Partially finished, Poured concrete foundatn, Block foundation
  • Number Dryers: 1
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 6

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, 2 spaces, Outside

Fee Information

  • Total Expenses: 8769

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.13
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 51480

Tax Info

  • Net Taxes: 10704
  • Tax Year: 2021
  • Assessor Parcel Number: 0710-071-0502-8

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Apr 15, 2022
Sold by
Lind Claire E and Jude Kurt
Bought by
Malesky Jacob E and Gatons Suzanne M
Seller's Agent
Jan McGee
Stark Company, REALTORS
Buyer's Agent
Jon Poletti
Haven Real Estate Partners
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$779,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,182
Avg. Annual Appreciation
4.72%
Original Mortgage
$520,000
Outstanding Balance
$487,636
Interest Rate
5%
Mortgage Type
Balloon
Estimated Equity
$291,546

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jun 15, 2017
Sold by
Bullseye Properties Llc
Bought by
Lind Claire E
Seller's Agent
Seth Pfaehler
The McGrady Group, LLC
Buyer's Agent
Jan McGee
Stark Company, REALTORS
List Price
$465,000
Sold Price
$455,000
Premium/Discount to List
-$10,000
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$340,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2006
Sold by
Einton Erik A
Bought by
Bullseye 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
$300,000
Interest Rate
6.85%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Malesky Jacob E $650,000 None Listed On Document
Lind Claire E $455,000 None Available
Bullseye Properties Llc $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malesky Jacob E $520,000
Previous Owner Lind Claire E $340,000
Previous Owner Bullseye Properties Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2022 04/12/22 Sold $650,000 0.0% $241 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $650,000 +42.9% $241 / Sq Ft
06/15/2017 06/15/17 Sold $455,000 -2.2% $169 / Sq Ft View Prior Sale
04/07/2017 04/07/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $465,000 -- $172 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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
2025 $13,513 $743,900 $149,900 $594,000
2024 $23,460 $682,500 $149,900 $532,600
2023 $11,465 $650,000 $149,900 $500,100
2022 $21,769 $567,600 $138,800 $428,800
2021 $10,704 $516,000 $126,200 $389,800
2020 $10,462 $477,800 $120,200 $357,600
2019 $9,966 $455,000 $109,300 $345,700
2018 $9,087 $415,300 $95,000 $320,300
2017 $8,728 $377,500 $90,500 $287,000
2016 $8,793 $359,500 $85,400 $274,100
2015 $8,213 $332,400 $73,200 $259,200
2014 $7,975 $332,400 $73,200 $259,200
2013 $7,286 $319,600 $69,100 $250,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1928345

South Central Wisconsin Multiple Listing Service

APN: 0710-071-0502-8

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