NOT LISTED FOR SALE

24 N 4th St Madison, WI 53704

Emerson East Neighborhood

Estimated Value: $661,000 - $677,981

4 Beds
4 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold November 30, 2018

Last sale price $420,000

Est. 59% increase in value since last sale

Current estimated payment $5,083/month

35 Days on Market

Highlights

  • Property is near a bus stop
  • Heating System Uses Steam
  • Laundry Facilities

About This Home

As of November 2018

Attractive, well-maintained, consistently-rented 5-unit apartment building convenient to downtown, airport, and MATC. Close to bus line. All units are unique. All units are separately metered for electric. Unit 5 (E), not listed above, rents for $761/mo. Lease expires 08/14/2019. Washer and dryer are rented and produce income. Call for a showing!

Last Agent to Sell the Property

Jim Schuessler

Stark Company, REALTORS License #63398-94 Listed on: 09/30/2018

Stark Company, REALTORS

Last Buyer's Agent

Jeffrey Cullen

Weichert, Realtors- Lakepoint License #84620-94

Weichert, Realtors- Lakepoint

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,105

Year Built

  • Built in 1900

Lot Details

  • 3,920

Home Design

  • Brick Exterior Construction
  • Stucco Exterior
  • Stone Exterior Construction

Parking

  • 1 Open Parking Space
  • Outside Parking

Schools

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

Utilities

  • Heating System Uses Steam
  • Separate Meters

Additional Features

  • Oven or Range
  • Basement Fills Entire Space Under The House
  • 3,920 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-063-0433-2

Community Details

Overview

  • 5 Units
  • Emerson East Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,105

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Miscellaneous: Shared laundry, Close to bus line
  • Noi Year: 2018
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 5
  • Number Stoves: 5
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stucco, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Steam
  • Parking Stalls Outside: 1

Utilities

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

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: 0.09
  • Zoning: R4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 44508

Tax Info

  • Land Assessment: 34800
  • Improvements: 286200
  • Total Assessment: 321000
  • Assessment year: 2018
  • Net Taxes: 7105
  • Tax Year: 2017
  • Assessor Parcel Number: 0710-063-0433-2

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of2 Bedrooms: 1
  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2018
Closed on
Nov 30, 2018
Sold by
Flessas Greg and Brosnan Aura
Bought by
Spear Roger and Spear Meghan
Seller's Agent
Jim Schuessler
Stark Company, REALTORS
Buyer's Agent
Jeffrey Cullen
Weichert, Realtors- Lakepoint
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Current Estimated Value
$669,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,491
Avg. Annual Appreciation
6.98%
Original Mortgage
$336,000
Outstanding Balance
$296,023
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$373,468

Purchase Details

Listed on
Mar 20, 2013
Closed on
Jun 3, 2013
Sold by
U S Bank National Association
Bought by
Flessas Greg and Brosnan Aura
Seller's Agent
Donald Dantinne
South Central Non-Member
Buyer's Agent
Jim Schuessler
Stark Company, REALTORS
List Price
$292,000
Sold Price
$280,000
Premium/Discount to List
-$12,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$210,000
Interest Rate
3.83%
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
Spear Roger $420,000 None Available
Flessas Greg $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spear Roger $336,000
Previous Owner Flessas Greg $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2018 11/30/18 Sold $420,000 -6.5% --
09/30/2018 09/30/18 For Sale $449,000 +60.4% --
06/03/2013 06/03/13 Sold $280,000 -4.1% -- View Prior Sale
04/17/2013 04/17/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $292,000 -- --
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 $18,952 $540,000 $46,000 $494,000
2023 $8,777 $485,000 $43,000 $442,000
2021 $8,944 $420,000 $35,000 $385,000
2020 $9,357 $420,000 $35,000 $385,000
2019 $9,395 $420,000 $35,000 $385,000
2018 $7,400 $321,000 $34,800 $286,200
2017 $7,104 $297,000 $34,800 $262,200
2016 $7,258 $297,000 $31,800 $265,200
2015 $7,113 $280,000 $31,800 $248,200
2014 $6,706 $280,000 $31,800 $248,200
2013 $4,718 $208,100 $31,800 $176,300
Source: Public Records

Agents Affiliated with this Home

  • Jim Schuessler

    Seller's Agent in 2018

    Jim Schuessler

    Stark Company, REALTORS

    (608) 445-0766

    1 in this area

    59 Total Sales

    Jim Schuessler
    Section Image
  • Jeffrey Cullen

    Buyer's Agent in 2018

    Jeffrey Cullen

    Weichert, Realtors- Lakepoint

    (608) 215-0945

    1 in this area

    16 Total Sales

    Jeffrey Cullen
    Section Image

  • D

    Seller's Agent in 2013

    Donald Dantinne

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1842834

South Central Wisconsin Multiple Listing Service

APN: 0710-063-0433-2

Wisconsin Dane County Madison 53704 Emerson East

24 N 4th St, Madison, WI

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