NOT LISTED FOR SALE

Estimated Value: $729,000 - $796,000

5 Beds
3 Baths
3,265 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2022

Last sale price $595,000 $182 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,268 / mo

3 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Eat-In Kitchen
  • Randall Elementary School Rated A
  • Den
  • Property is near bus stop

About This Home

As of September 2022

This rental property is located in the highly sought after west campus area in University Heights. Just blocks from the VA Hospital, UW Hospital, UW Vet School, Camp Randall and more. Rentals are always occupied. Back parking lot with 4 spaces provides additional $310/month income. Metal roof installed 2014. New water heaters and dryer. Very good condition, excellent income investment.

Last Agent to Sell the Property

Chuck Chvala

Custom Real Estate LLC License #22853-90 Listed on: 07/26/2022

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,130

Year Built

  • Built in 1925

Lot Details

  • 6,970

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Dining Room
  • Den
  • Sun or Florida Room
  • Wood Flooring
  • Shared Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Heating System Uses Steam
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Additional Features

  • 6,970 Sq Ft Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-211-0708-7

Community Details

Overview

  • 3 Units
  • University Heights Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $23,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,130

Year Built

Built in 1925

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 3 story
  • Items Excluded: Tenants' personal property, including window AC units
  • Items Included: Refrigerators, stoves/ovens, dishwashers, coin-op washer & dryer
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Poured concrete foundatn
  • Number Dish Washers: 3
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Steam
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 26000

Schools

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

Lot Info

  • Estimated Aces: 0.16
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 49000

Tax Info

  • Net Taxes: 10130
  • Tax Year: 2021
  • Assessor Parcel Number: 0709-211-0708-7

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 2
  • Number Of Units: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Sep 20, 2022
Sold by
Bought by
Seller's Agent
Chuck Chvala
Custom Real Estate LLC
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$595,000
Sold Price
$595,000
Views
2
Current Estimated Value
$756,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,168
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Nov 14, 2018
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$595,000 --
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/20/2022 09/20/22 Sold $595,000 0.0% $182 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $595,000 -- $182 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,341 $720,000 $116,200 $603,800
2023 $10,788 $595,000 $105,600 $489,400
2022 $20,546 $522,700 $97,800 $424,900
2021 $10,130 $475,200 $88,900 $386,300
2020 $9,807 $440,000 $82,300 $357,700
2019 $9,372 $419,000 $78,400 $340,600
2018 $8,908 $399,000 $78,400 $320,600
2017 $9,229 $399,000 $78,400 $320,600
2016 $9,485 $399,000 $71,300 $327,700
2015 $8,067 $320,400 $71,300 $249,100
2014 $7,684 $320,400 $71,300 $249,100
2013 $7,090 $311,100 $68,600 $242,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1940161

South Central Wisconsin Multiple Listing Service

APN: 0709-211-0708-7

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