NOT LISTED FOR SALE

217 Rosemary Ave Madison, WI 53714

Worthington Park Neighborhood

Estimated Value: $348,000 - $414,000

4 Beds
2 Baths
1,560 Sq Ft
$237/Sq Ft Est. Value

Last Sold January 06, 2015

Last sale price $168,000 $108 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,894/month

109 Days on Market

Highlights

  • Eat-In Kitchen
  • Property is near a bus stop
  • Washer and Dryer
  • 1-Story Property
  • Forced Air Heating System
  • 2-minute walk to Worthington Park

About This Home

As of January 2015

Attention Investors! This duplex is conveniently located close to shopping, bus route, bike paths, downtown and UW campus. Plus, UW Health, Madison's 2nd largest employer, is putting a 60,000 sf medical clinic, just down the street from this property. Numerous updates and "bonus" features have cultivated a fanatical tenant base, extremely loyal to Lucky Dog Apartments' unique concept. Kick back and collect rents, while this property gives you a 20% return on investment!

Last Agent to Sell the Property

Jennifer Lutzke

Realty Executives Capital City License #49992-94 Listed on: 07/07/2014

Realty Executives Capital City

Last Buyer's Agent

Jennifer Lutzke

Realty Executives Capital City License #49992-94 Listed on: 07/07/2014

Realty Executives Capital City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1954

Lot Details

  • 8,276

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

  • Lowell Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • 8,276 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-052-1307-1

Community Details

Overview

  • 2 Units
  • Rethkes Subdivision

Building Details

  • Net Operating Income $16,070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,262

Year Built

Built in 1954

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, 1 story
  • Miscellaneous: Close to bus line
  • Noi Year: 2013
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 2
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Wood

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Detached, 1 space
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 5165

Schools

  • School District: Madison
  • Elementary School: Lowell
  • Middle School: OKeeffe
  • High School: East
  • Elementary School: Lowell
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.19
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 21780

Tax Info

  • Land Assessment: 58100
  • Improvements: 35900
  • Total Assessment: 94000
  • Assessment year: 2013
  • Net Taxes: 2262
  • Tax Year: 2013
  • Assessor Parcel Number: 0710-052-1307-1

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2014
Closed on
Jan 6, 2015
Sold by
Lucky Dog Apartments Llc
Bought by
Jksr Properties Llc
Seller's Agent
Jennifer Lutzke
Realty Executives Capital City
Buyer's Agent
Jennifer Lutzke
Realty Executives Capital City
List Price
$174,900
Sold Price
$168,000
Premium/Discount to List
-$6,900
-3.95%
Current Estimated Value
$369,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,352
Avg. Annual Appreciation
7.23%

Purchase Details

Listed on
Jan 3, 2012
Closed on
Apr 13, 2012
Sold by
Fessler Real Estate Ii Llc
Bought by
Lucky Dog Apartments Llc
Seller's Agent
Jeri Poland
South Central Non-Member
Buyer's Agent
Jennifer Lutzke
Realty Executives Capital City
List Price
$115,000
Sold Price
$94,000
Premium/Discount to List
-$21,000
-18.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.90%
Original Mortgage
$75,200
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Jksr Properties Llc $168,000 First American Title
Lucky Dog Apartments Llc $94,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jksr Properties Llc $38,719
Open Jksr Properties Llc $159,700
Closed Jksr Properties Llc $134,400
Previous Owner Lucky Dog Apartments Llc $75,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2015 01/06/15 Sold $168,000 -3.9% $108 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $174,900 +86.1% $112 / Sq Ft
04/23/2012 04/23/12 Sold $94,000 -18.3% $60 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $115,000 -- $74 / 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 $10,589 $303,800 $93,300 $210,500
2023 $5,101 $283,900 $93,300 $190,600
2021 $4,829 $228,600 $82,300 $146,300
2020 $4,677 $211,700 $79,100 $132,600
2019 $4,469 $201,600 $73,900 $127,700
2018 $4,330 $195,700 $73,900 $121,800
2017 $3,997 $174,700 $67,200 $107,500
2016 $3,971 $168,000 $67,200 $100,800
2015 $3,990 $97,800 $60,400 $37,400
2014 $2,292 $97,800 $60,400 $37,400
2013 $3,330 $94,000 $58,100 $35,900
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Lutzke

    Seller's Agent in 2015

    Jennifer Lutzke

    Realty Executives

    (608) 516-2217

    61 Total Sales

    Jennifer Lutzke
    Section Image

  • J

    Seller's Agent in 2012

    Jeri Poland

    South Central Non-Member

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1721434

South Central Wisconsin Multiple Listing Service

APN: 0710-052-1307-1

Wisconsin Dane County Madison 53714 Worthington Park

217 Rosemary Ave, Madison, WI

This home is located at 217 Rosemary Ave, Madison, WI 53714 since 07 July 2014 and is currently estimated at $369,352, approximately $236 per square foot. This property was built in 1954. 217 Rosemary Ave is a home located in Dane County with nearby schools including Lowell Elementary School, O'Keeffe Middle, and East 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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