NOT LISTED FOR SALE

Estimated Value: $778,000 - $949,000

8 Beds
3 Baths
2,834 Sq Ft
$300/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $850,000 $300 Per Sq Ft

Current estimated payment $6,268/month

13 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Forced Air Heating System
  • Hamilton Middle School Rated A
  • Eat-In Kitchen
  • 4-minute walk to Brittingham Park

About This Home

As of May 2024

Rare sunny downtown income property, well maintained and updated throughout ownership. "Walker's Paradise" with Walk Score of 96/100. Surrounded by restaurants, shops, many of Madison's cultural attractions & amidst new luxury condos and apartments. Walkable to UW Madison, State Street, the Capital Farmers' market, groceries and much more. In hub of public transport. Property features good-sized rooms, balconies, porches, wood or sim. wood floors. All kitchens & baths updated since purchase, incl. replaced cabinets, counters many stainless steel appliances, bathroom vanities, and tiled showers. Updates in past 5 years incl new: roof, front & back balconies, both furnaces, H2O htr. Parking condo in back lot, spots avail for purchase. Excellent rental history. GRM under 11 at market rents.

Last Agent to Sell the Property

Devery Cash

Keller Williams Realty License #53924-94 Listed on: 03/30/2024

Keller Williams Realty

Last Buyer's Agent

Jeffrey Cullen

Weichert, Realtors- Lakepoint License #84620-94

Weichert, Realtors- Lakepoint

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,655

Year Built

  • Built in 1899

Lot Details

  • 2,178

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Schools

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

Utilities

  • Forced Air Heating System
  • Individual Controls for Heating

Additional Features

  • Balcony
  • 2,178 Sq Ft Lot

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-231-2702-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,655

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Excluded: washer and dryer (rented buyer may continue or discontinue contract), tenant personal property, seller personal property
  • Items Included: 3 refrigerators, 3 stoves, 3 microwaves, 3 dishwashers, 2 garbage disposals, 3 water heaters, 3 window A/C units, mini-blinds
  • Miscellaneous: Shared laundry
  • Year Built: 1899
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 3

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.05
  • Zoning: PD

Rental Info

  • Total Income: 66960

Tax Info

  • Net Taxes: 10655
  • Tax Year: 2022
  • Assessor Parcel Number: 0709-231-2702-5

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 2
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2024
Closed on
May 2, 2024
Sold by
Fiw Property Llc
Bought by
Spear Roger and Spear Meghan
Seller's Agent
Devery Cash
Keller Williams Realty
Buyer's Agent
Jeffrey Cullen
Weichert, Realtors- Lakepoint
List Price
$855,500
Sold Price
$850,000
Premium/Discount to List
-$5,500
-0.64%
Views
59
Current Estimated Value
$849,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$667
Avg. Annual Appreciation
-0.05%
Original Mortgage
$680,000
Outstanding Balance
$670,447
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$178,886
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
Spear Roger $850,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spear Roger $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2024 05/02/24 Sold $850,000 -0.6% $300 / Sq Ft
03/30/2024 03/30/24 For Sale $855,500 -- $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 $21,392 $608,900 $84,900 $524,000
2023 $10,344 $569,100 $84,900 $484,200
2021 $10,947 $513,200 $80,900 $432,300
2020 $9,948 $446,300 $78,500 $367,800
2019 $9,508 $425,000 $83,800 $341,200
2018 $9,493 $425,000 $83,800 $341,200
2017 $9,836 $425,000 $83,800 $341,200
2016 $9,624 $404,800 $76,200 $328,600
2015 $9,256 $367,100 $76,200 $290,900
2014 $8,816 $367,100 $76,200 $290,900
2013 $8,134 $356,400 $71,900 $284,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1973927

South Central Wisconsin Multiple Listing Service

APN: 0709-231-2702-5