NOT LISTED FOR SALE

Estimated Value: $945,997

2 Beds
1 Bath
850 Sq Ft
$1,113/Sq Ft Est. Value

Last Sold November 22, 2013

Last sale price $479,000 $564 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,819/month

83 Days on Market

Highlights

  • Balcony
  • Property is near bus stop
  • Water Softener is Owned
  • West High School Rated A
  • Central Air
  • Dining Room

About This Home

As of November 2013

All-brick 8 unit for sale on quiet cul-de-sac in Madison, WI. Excellent long-term residents. Fully rented. Only 8 months vacancy in past 22 years. Living room 11 x 22. Upper unit balconies, lower units patios. A/C wall units. 11 parking stalls. Full basement with eight– 6x12 storage lockers. New coin-op washers and dryers. $68,000 in capital improvements last 4 yrs., including new roof, gutters, boiler, windows, water heaters. Recently remodeled kitchens and bathrooms. Projected 2013 NOI is $42,610. Contact Seller, NOT Broker, (608)575-5711 dcfisher@tds.net

Last Agent to Sell the Property

Bill Lorge

South Central Non-Member License #41413-90 Listed on: 07/17/2013

Last Buyer's Agent

Jeff Fuller

Real Broker LLC License #32566-94

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,192

Year Built

  • Built in 1968

Lot Details

  • 0.41

Parking

  • Outside Parking

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Schools

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

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Balcony
  • 0.41 Acre Lot
  • Property is near bus stop

Community Details

  • 8 Units
  • Laundry Facilities
  • Net Operating Income $42,740

Listing and Financial Details

  • Assessor Parcel Number 0709-343-0208-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,192

Year Built

Built in 1968

Lot Details

0.41 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 2
  • Number Units W Ac: 8
  • Number Washers: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

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

Fee Information

  • Total Expenses: 24500

Schools

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

Lot Info

  • Estimated Aces: 0.41
  • Zoning: Res
  • Geo Subdivision: WI

Rental Info

  • Total Income: 67240

Tax Info

  • Net Taxes: 9192
  • Tax Year: 2012
  • Assessor Parcel Number: 0709-343-0208-8

Multi Family

  • Number Of2 Bedrooms: 8
  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2013
Closed on
Nov 22, 2013
Sold by
Antique Lane Llc
Bought by
Birchview Apartments Llc
Seller's Agent
Bill Lorge
South Central Non-Member
Buyer's Agent
Jeff Fuller
Real Broker LLC
List Price
$490,000
Sold Price
$479,000
Premium/Discount to List
-$11,000
-2.24%
Current Estimated Value
$945,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,997

Purchase Details

Closed on
Dec 19, 2008
Sold by
Fisher Bryant W
Bought by
Fisher Roger W and Fisher Donna M

Purchase Details

Closed on
Dec 1, 2008
Sold by
Fisher Roger and Fisher Donna M
Bought by
Antique Lane Llc
Source: Public Records
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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
Birchview Apartments Llc $479,000 --
Fisher Roger W -- None Available
Antique Lane Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2013 11/22/13 Sold $479,000 -2.2% $564 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $490,000 -- $576 / Sq Ft
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
2023 $12,895 $708,000 $132,000 $576,000
2022 $23,609 $598,000 $132,000 $466,000
2021 $11,093 $520,000 $132,000 $388,000
2020 $11,042 $495,000 $132,000 $363,000
2019 $10,071 $450,000 $132,000 $318,000
2018 $10,056 $450,000 $132,000 $318,000
2017 $9,719 $420,000 $132,000 $288,000
2016 $9,988 $420,000 $120,000 $300,000
2015 $9,607 $400,000 $120,000 $280,000
2014 $9,613 $400,000 $120,000 $280,000
2013 $8,747 $364,000 $120,000 $244,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1692006

South Central Wisconsin Multiple Listing Service

APN: 0709-343-0208-8

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