$331,000
SOLD MAR 20, 2025
-- Bed
-- Bath
1,636 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$202 Per Sq Ft

10% Above List Price

5 Days on Market

Highlights

  • Den
  • Property is near a bus stop
  • Forced Air Heating System
  • Eat-In Kitchen
  • Water Softener is Owned
  • 4-minute walk to Demetral Park

About This Home

As of March 2025

Discover the potential of this two-unit property, perfect for investors or those looking to owner occupy. With solid bones and prime location, this home is an incredible opportunity to build equity through updates and renovations. Priced well below assessed value to allow ample room for improvements. Upper unit offers 1 bed, 1 bath with a full kitchen and living area. Main level offers 3 beds, 1 bath with a full kitchen, living room and dining room along with a full basement. Main level has been owner occupied for over 60 years. Upper unit hasn't been rented for years as sellers caregiver lived there. Property is being sold "As Is"

Last Agent to Sell the Property

Kathy Jasper

Home Connection Realty Brokerage Phone: 608-445-8275 License #57459-90

Last Buyer's Agent

Tony Tucci

Realty Executives Cooper Spransy License #68663-94

Realty Executives Cooper Spransy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,861

Year Built

  • Built in 1928

Parking

  • 3 Open Parking Spaces

Home Design

  • Duplex
  • Poured Concrete

Interior Spaces

  • Family Room
  • Dining Room
  • Den
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

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

Utilities

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

Additional Features

  • 5,663 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Madison Square Riley Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-061-1212-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,861

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Excluded: Sellers Personal Property
  • Items Included: Stove, Refrigerator, Window Coverings Water Softener, window A/C Upper Level Stove & Refrigerator
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Furnaces: 1
  • Number Refrigerators: 1
  • Number Stoves: 2
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 3

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached
  • 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: 0.13
  • Zoning: TR-C4
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 102200
  • Improvements: 233600
  • Total Assessment: 335800
  • Assessment year: 2024
  • Net Taxes: 5861
  • Tax Year: 2024
  • Assessor Parcel Number: 0710-061-1212-3

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Mar 20, 2025
Sold by
Busse Lucille
Bought by
Smaglick Ben and Smaglick Rebecca
Seller's Agent
Kathy Jasper
Home Connection Realty
Buyer's Agent
Tony Tucci
Realty Executives Cooper Spransy
List Price
$299,900
Sold Price
$331,000
Premium/Discount to List
$31,100
10.37%
Total Days on Market
5
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.05%

Purchase Details

Closed on
Nov 22, 2021
Sold by
Busse Frederick R
Bought by
Busse Lucille

Map

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 Type Sale Price Title Company
Warranty Deed $331,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $59,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Sold $331,000 +10.4% $202 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $299,900 -9.4% $183 / Sq Ft
02/05/2025 02/05/25 Off Market $331,000 -- --
Source: South Central Wisconsin Multiple Listing Service

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 $11,722 $335,800 $102,200 $233,600
2023 $5,648 $313,800 $95,500 $218,300
2021 $5,199 $245,800 $76,800 $169,000
2020 $5,035 $227,600 $71,100 $156,500
2019 $5,055 $227,600 $71,100 $156,500
2018 $4,582 $206,900 $71,100 $135,800
2017 $4,309 $188,100 $64,600 $123,500
2016 $4,096 $174,200 $64,600 $109,600
2015 $3,939 $161,100 $58,000 $103,100
2014 $3,825 $161,100 $58,000 $103,100
2013 $3,677 $156,400 $56,300 $100,100
Source: Public Records

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1992947

South Central Wisconsin Multiple Listing Service

APN: 0710-061-1212-3