NOT LISTED FOR SALE

Estimated Value: $766,161 - $811,000

6 Beds
4 Baths
4,594 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $721,000 $157 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,073/month

4 Days on Market

Highlights

  • Balcony
  • Fireplace
  • Laundry Room
  • Vel Phillips Memorial High School Rated A
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

Well maintained duplex available in the West Side's Midtown Common's neighborhood. Close to University Ridge, Hawks Landing Golf Club, and many beautiful parks, this has an open floor plan with a roomy eat-in kitchen, with family AND great rooms. Each side features multiple decks, Two car attached garages with separate driveways and an exposed lower level with room for plenty of storage or addition living space. The current rents are bringing a combined income of $4,835 per month.

Last Agent to Sell the Property

Eric Olson

Bunbury & Assoc, REALTORS License #69746-94 Listed on: 03/25/2024

Last Buyer's Agent

Tenzin Lhundup

First Weber, Inc License #84313-94

First Weber, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,978

Year Built

  • Built in 2002

Lot Details

  • 0.27

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Family Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

  • Olson Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • High Speed Internet

Additional Features

  • Balcony
  • 0.27 Acre Lot

Community Details

  • 2 Units
  • Stone Crest Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0608-031-0205-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,978

Year Built

Built in 2002

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, 2 story
  • Miscellaneous: Internet - Cable, Internet - DSL
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished, Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

  • School District: Madison
  • Elementary School: Olson
  • Middle School: Toki
  • High School: Memorial
  • Elementary School: Olson
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Estimated Aces: 0.27
  • Zoning: SR-C3

Rental Info

  • Total Income: 58020

Tax Info

  • Land Assessment: 160000
  • Improvements: 390700
  • Total Assessment: 550700
  • Assessment year: 2023
  • Net Taxes: 9978
  • Tax Year: 2023
  • Assessor Parcel Number: 0608-031-0205-7

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Apr 29, 2024
Sold by
Camop Llc
Bought by
Ngadon Tenzin and Tsetan Ngawang
Seller's Agent
Eric Olson
Bunbury & Assoc, REALTORS
Buyer's Agent
Tenzin Lhundup
First Weber, Inc
List Price
$720,000
Sold Price
$721,000
Premium/Discount to List
$1,000
0.14%
Views
141
Current Estimated Value
$789,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,040
Avg. Annual Appreciation
4.21%
Original Mortgage
$552,000
Outstanding Balance
$546,911
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$214,116

Purchase Details

Closed on
Jan 18, 2021
Sold by
Midland Builders Inc
Bought by
Camop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,500,000
Interest Rate
2.6%
Mortgage Type
Commercial
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
Ngadon Tenzin $721,000 None Listed On Document
Camop Llc $10,197,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngadon Tenzin $552,000
Previous Owner Camop Llc $8,500,000
Previous Owner Tad Townhouse Llc $400,000
Previous Owner Midland Builders Inc $15,500,000
Previous Owner Midland Builders Inc $40,000
Previous Owner Midland Builders Inc $1,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $721,000 +0.1% $157 / Sq Ft
03/30/2024 03/30/24 For Sale $720,000 0.0% $157 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $720,000 -- $157 / 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 $21,282 $605,800 $168,000 $437,800
2023 $9,978 $550,700 $160,000 $390,700
2021 $9,831 $451,000 $131,000 $320,000
2020 $9,303 $417,600 $124,800 $292,800
2019 $8,808 $394,000 $120,000 $274,000
2018 $8,795 $394,000 $120,000 $274,000
2017 $7,960 $344,600 $114,300 $230,300
2016 $7,753 $325,100 $107,800 $217,300
2015 $7,418 $309,600 $102,700 $206,900
2014 $7,423 $309,600 $102,700 $206,900
2013 $7,056 $309,600 $102,700 $206,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1973619

South Central Wisconsin Multiple Listing Service

APN: 0608-031-0205-7