NOT LISTED FOR SALE

Estimated Value: $507,000 - $622,000

4 Beds
2 Baths
1,732 Sq Ft
$335/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $372,500 $215 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,280/month

42 Days on Market

Highlights

  • Wood Flooring
  • Entrance Foyer
  • Forced Air Heating System
  • Hamilton Middle School Rated A
  • Property is near a bus stop
  • Wood Siding

About This Home

As of January 2023

Investment property in ideal, downtown Madison location. 2 flat, each with 2 bedrooms + full bath. 1st floor unit features living room with hardwood floors and opens to dining room and kitchen. Extra large bedroom with split space for dressing room/office. Upper level unit includes large bedroom and spacious kitchen. Covered porch + low maintenance back porch. Front and rear secured entries. 2 parking spots. Steps to lake, Capitol, university and all downtown Madison has to offer. Neighboring property, 215 S Bedford (MLS 1945755, 1945757) is also for sale.

Last Agent to Sell the Property

Chas Martin

Sprinkman Real Estate License #57744-90 Listed on: 10/21/2022

Last Buyer's Agent

Melissa LeGrand

@properties-elleven Christie's License #57439-90

@properties-elleven Christie's

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,603

Year Built

  • Built in 1894

Lot Details

  • 2,178

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven or Range

Parking

  • 2 Open Parking Spaces
  • Outside Parking

Schools

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

Additional Features

  • 2,178 Sq Ft Lot
  • Property is near a bus stop
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-231-3321-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,603

Year Built

Built in 1894

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: seller and/or tenant's personal belongings
  • Items Included: refrigerators, oven/ranges, some window coverings
  • Miscellaneous: Close to bus line
  • Year Built: 1894
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Water Heaters: 1

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel, Wood

Garage/Parking

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

Utilities

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

Schools

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • 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: 32400

Tax Info

  • Land Assessment: 80800
  • Improvements: 223400
  • Total Assessment: 304200
  • Assessment year: 2022
  • Net Taxes: 5603
  • Tax Year: 2021
  • Assessor Parcel Number: 0709-231-3321-2

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Jan 12, 2023
Sold by
Christianson Ventures Llc
Bought by
Legrand Melissa
Seller's Agent
Chas Martin
Sprinkman Real Estate
Buyer's Agent
Melissa LeGrand
@properties-elleven Christie's
List Price
$400,000
Sold Price
$372,500
Premium/Discount to List
-$27,500
-6.88%
Views
60
Current Estimated Value
$580,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,282
Avg. Annual Appreciation
20.52%
Original Mortgage
$278,750
Outstanding Balance
$271,431
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$319,246

Purchase Details

Closed on
Jun 14, 2018
Sold by
Endres Russell H and Endres Jean M
Bought by
Christianson Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2015
Sold by
Endres Russell H
Bought by
The Russell H Endres Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,059,000
Interest Rate
3.68%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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
Legrand Melissa $372,500 --
Christianson Ventures Llc $245,000 First American Title
The Russell H Endres Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legrand Melissa $278,750
Previous Owner Christianson Ventures Llc $196,000
Previous Owner Russell H Endres Living Trust $1,059,000
Previous Owner Endres Russell H $924,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $372,500 -6.9% $215 / Sq Ft
10/25/2022 10/25/22 For Sale $400,000 +7.4% $231 / Sq Ft
10/21/2022 10/21/22 Off Market $372,500 -- --
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 $12,756 $365,000 $87,300 $277,700
2023 $5,916 $328,500 $87,300 $241,200
2021 $5,603 $264,600 $80,800 $183,800
2020 $5,426 $245,000 $78,400 $166,600
2019 $5,447 $245,000 $77,400 $167,600
2018 $5,782 $260,200 $77,400 $182,800
2017 $5,991 $260,200 $77,400 $182,800
2016 $5,860 $247,800 $70,400 $177,400
2015 $5,922 $236,000 $70,400 $165,600
2014 $5,640 $236,000 $70,400 $165,600
2013 $5,151 $226,900 $66,400 $160,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1945759

South Central Wisconsin Multiple Listing Service

APN: 0709-231-3321-2