$193,000
SOLD JUN 12, 2013

2413 Fish Hatchery Rd Unit A Madison, WI 53713

Burr Oaks Neighborhood
2 Beds
1 Bath
960 Sq Ft
8,102 Sq Ft Lot

Recently Sold

$201 Per Sq Ft

7% Below List Price

178 Days on Market

Highlights

  • Balcony
  • Property is near a bus stop
  • Dining Room
  • West High School Rated A
  • Forced Air Heating System
  • Family Room

About This Home

As of April 2016

Brick 4 unit apartment complex with 2 bedrooms and 1 bath. Located just off the Beltline Hwy and 5 minutes from downtown. Hardwood floors throughout, large spacious layout, laundry in basement and onsite parking. Currently being rented out as 1 bedroom units but will be re-leasing them as 2 bedrooms at $680/month when the 1 bedroom leases end.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 11/06/2012

Last Buyer's Agent

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 11/06/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,872

Year Built

  • Built in 1959

Parking

  • Outside Parking

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Schools

  • Midvale/Lincoln Elementary School
  • Cherokee Heights Middle School
  • West High School

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-352-0112-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,872

Year Built

Built in 1959

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: 2012
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

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

Utilities

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

Schools

  • School District: Madison
  • Elementary School: Midvale/Lincoln
  • Middle School: Cherokee Heights
  • High School: West
  • Elementary School: Midvale/Lincoln
  • High School: West
  • Middle School: Cherokee Heights
  • School District: Madison

Lot Info

  • Zoning: r4
  • Lot Size: 8114
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 60200
  • Improvements: 153800
  • Total Assessment: 214000
  • Assessment year: 2012
  • Net Taxes: 3872
  • Tax Year: 2011
  • Assessor Parcel Number: 0709-352-0112-2

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Apr 29, 2016
Sold by
Prusak Artur John
Bought by
Tung Oiwa
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Xianjing Shan
OnePlus Realty Team
List Price
$234,900
Sold Price
$229,900
Premium/Discount to List
-$5,000
-2.13%
Total Days on Market
178
Current Estimated Value
$465,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,377
Avg. Annual Appreciation
7.77%

Purchase Details

Listed on
Nov 6, 2012
Closed on
Jun 12, 2013
Sold by
Steinhauer Duane
Bought by
Prusak Artur John
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
James Stopple
Madison Property Management, Inc.
List Price
$207,000
Sold Price
$193,000
Premium/Discount to List
-$14,000
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$185,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2009
Sold by
Graves Jonathan D
Bought by
Steinhauer Duane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.21%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 13, 2009
Sold by
Graves Wandalee
Bought by
Graves Wandalee and Wandalee Graves Marital Trust
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 Type Sale Price Title Company
Warranty Deed $229,900 First American Title
Warranty Deed $193,200 None Available
Deed $120,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $185,000 Commercial
Previous Owner $120,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $229,900 -2.1% $60 / Sq Ft
03/13/2016 03/13/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $234,900 +21.7% $61 / Sq Ft
06/12/2013 06/12/13 Sold $193,000 -6.8% $201 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
11/06/2012 11/06/12 For Sale $207,000 -- $216 / 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 $15,412 $440,000 $89,000 $351,000
2023 $7,223 $400,000 $81,000 $319,000
2021 $6,170 $291,000 $67,000 $224,000
2020 $5,603 $252,900 $66,200 $186,700
2019 $5,355 $240,900 $66,200 $174,700
2018 $5,100 $229,900 $66,200 $163,700
2017 $5,284 $229,900 $66,200 $163,700
2016 $4,547 $193,000 $60,200 $132,800
2015 $4,595 $193,000 $60,200 $132,800
2014 $4,598 $193,000 $60,200 $132,800
2013 $3,872 $214,000 $60,200 $153,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1669890

South Central Wisconsin Multiple Listing Service

APN: 0709-352-0112-2