NOT LISTED FOR SALE

Estimated Value: $380,000 - $500,000

2 Beds
2 Baths
380 Sq Ft
$1,190/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $100,000 $263 Per Sq Ft

Est. 352% increase in value since last sale

Current estimated payment $2,861/month

Highlights

  • Property is near a bus stop
  • Laundry Facilities
  • 3-minute walk to Eken Park
  • Forced Air Heating System
  • Level Lot

About This Home

As of February 2016

Rooming house that once was a 2 flat. Surrounded by single family homes.. Property has 2 full baths. Washer/dryer in basement is leased. One block to city park. Property does have some deferred maintenance and is being sold in as is condition. Expenses are estimate.

Last Agent to Sell the Property

Keith Baal

South Central Non-Member License #42604-90 Listed on: 09/25/2015

Last Buyer's Agent

Michael Bonebrake

Century 21 Affiliated License #43181-94

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • Driveway Level

Schools

  • Emerson Elementary School
  • Sherman Middle School
  • East High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near a bus stop
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 0810-314-0713-4

Community Details

Overview

  • 7 Units
  • Woodland Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $11,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Barrier Free: Level drive, Level lot
  • Miscellaneous: Shared laundry, Close to bus line
  • Noi Year: 2014
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Detached

Fee Information

  • Total Expenses: 11000

Schools

  • School District: Madison
  • Elementary School: Emerson
  • Middle School: Sherman
  • High School: East
  • Elementary School: Emerson
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.11
  • Zoning: TRC-D4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 22000

Tax Info

  • Land Assessment: 15000
  • Improvements: 145000
  • Total Assessment: 160000
  • Assessment year: 2015
  • Net Taxes: 3605
  • Tax Year: 2015
  • Assessor Parcel Number: 0810-314-0713-4

Multi Family

  • Number Of Units: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2015
Closed on
Feb 29, 2016
Sold by
Ouk Sathin and Ou Sarith
Bought by
Bkm Real Estate Llc
Seller's Agent
Keith Baal
South Central Non-Member
Buyer's Agent
Michael Bonebrake
Century 21 Affiliated
List Price
$124,500
Sold Price
$100,000
Premium/Discount to List
-$24,500
-19.68%
Current Estimated Value
$452,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,195
Avg. Annual Appreciation
17.44%
Original Mortgage
$172,000
Outstanding Balance
$138,593
Interest Rate
3.79%
Mortgage Type
Commercial
Estimated Equity
$326,321
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
Bkm Real Estate Llc $100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bkm Real Estate Llc $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold $100,000 -19.7% $263 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
09/25/2015 09/25/15 For Sale $124,500 -- $328 / 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 $14,445 $412,700 $61,600 $351,100
2023 $6,962 $385,700 $57,600 $328,100
2021 $6,409 $302,100 $43,200 $258,900
2020 $6,205 $279,700 $40,000 $239,700
2019 $6,230 $279,700 $40,000 $239,700
2018 $2,174 $100,000 $17,000 $83,000
2017 $2,254 $100,000 $17,000 $83,000
2016 $3,756 $160,000 $15,000 $145,000
2015 $3,796 $152,000 $15,000 $137,000
2014 $3,605 $152,000 $15,000 $137,000
2013 $4,410 $152,000 $15,000 $137,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1758910

South Central Wisconsin Multiple Listing Service

APN: 0810-314-0713-4