NOT LISTED FOR SALE

2302 Post Rd Madison, WI 53713

Estimated Value: $416,747 - $471,000

5 Beds
2 Baths
1,900 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $196,000 $103 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,918/month

7 Days on Market

Highlights

  • Balcony
  • Accessible Bedroom
  • Property is near a bus stop
  • West High School Rated A
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of December 2013

West side duplex with fenced yards with decks, private laundry, and attached garages. Central air, washers and dryers included. Both sides occupied with written leases! Tenants love the location close to schools, bus, and shopping. Tenants responsible for all utilities, lawn care, and snow removal. New sump pump and drainage system. At this price you can actually cash flow! Great opportunity to start your portfolio of Real Estate investments!

Last Agent to Sell the Property

Janet Johnson

South Central Non-Member License #54939-90 Listed on: 11/15/2013

Last Buyer's Agent

Lindsay Gallagher

Lindsay Gallagher & Associates License #57099-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,169

Year Built

  • Built in 1980

Lot Details

  • 0.27

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Leopold Elementary School
  • Cherokee Heights Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Accessible Bedroom
  • Balcony
  • Property is near a bus stop

Community Details

  • 2 Units
  • Bowman Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0609-032-0601-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,169

Year Built

Built in 1980

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
  • Barrier Free: First floor bedroom
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Noi Year: 2012
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished, Sump pump
  • 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, Aluminum/Steel

Garage/Parking

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

Utilities

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

Schools

  • School District: Madison
  • Elementary School: Leopold
  • Middle School: Cherokee Heights
  • High School: West
  • Elementary School: Leopold
  • High School: West
  • Middle School: Cherokee Heights
  • School District: Madison

Lot Info

  • Zoning: R4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 24900

Tax Info

  • Land Assessment: 80900
  • Improvements: 94500
  • Total Assessment: 175400
  • Assessment year: 2013
  • Net Taxes: 4169
  • Tax Year: 2012
  • Assessor Parcel Number: 0609-032-0601-4

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2013
Closed on
Dec 19, 2013
Sold by
Post Road Properties Llc
Bought by
Wire Investments Iii Llc
Seller's Agent
Janet Johnson
South Central Non-Member
Buyer's Agent
Lindsay Gallagher
Lindsay Gallagher & Associates
List Price
$200,000
Sold Price
$196,000
Premium/Discount to List
-$4,000
-2%
Total Days on Market
7
Current Estimated Value
$442,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,937
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Oct 1, 2005
Sold by
Johnson Andrew S and Johnson Janet E
Bought by
Post Road Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,120
Interest Rate
5.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wire Investments Iii Llc $196,000 None Available
Post Road Properties Llc -- None Available
Johnson Andrew S $232,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Andrew S $186,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2013 12/27/13 Sold $196,000 -2.0% $103 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $200,000 -- $105 / 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 $13,399 $374,400 $112,900 $261,500
2023 $6,465 $349,900 $105,500 $244,400
2021 $6,134 $289,300 $86,400 $202,900
2020 $5,940 $267,900 $86,400 $181,500
2019 $5,732 $257,600 $83,100 $174,500
2018 $5,057 $228,000 $73,500 $154,500
2017 $5,102 $222,100 $73,500 $148,600
2016 $4,806 $203,800 $67,400 $136,400
2015 $4,668 $196,000 $80,900 $115,100
2014 $4,671 $196,000 $80,900 $115,100
2013 $4,414 $175,400 $80,900 $94,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1701538

South Central Wisconsin Multiple Listing Service

APN: 0609-032-0601-4