NOT LISTED FOR SALE

2640 Stevens St Unit 1 Madison, WI 53705

Regent Neighborhood

Estimated Value: $671,000 - $751,000

4 Beds
2 Baths
2,320 Sq Ft
$311/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $505,000 $218 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,641/month

4 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Forced Air Heating and Cooling System
  • Randall Elementary School Rated A-
  • Fireplace
  • 1-minute walk to Stevens Street Park

About This Home

As of August 2021

Showings start July 9th. Well-built brick two-flat in highly desirable location on the near west side of Madison. Close to the University, bus-line, bike path, and and just a quick drive downtown. Each unit is currently rented through 2022 and feature two bedrooms and one bathroom. The units are very spacious (over 1,100 SF each) with huge living room/dining areas with hardwood floors, wood fireplaces and original built-ins. Each unit controls its own central heating and cooling with furnaces and air conditioners that were installed in 2017. Roof over the garage was also replaced in 2017. Property also features a detached garage with three stalls. Basement has plenty of storage, workshop space and common laundry. Tenant takes care of snow removal!

Last Agent to Sell the Property

Robert Anderson

Strata Real Estate License #58279-90 2393-10 Listed on: 07/07/2021

Last Buyer's Agent

Suzanna Cecchin

Weichert, Realtors- Lakepoint License #91557-94

Weichert, Realtors- Lakepoint

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,695

Year Built

  • Built in 1940

Lot Details

  • 5,227

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • Garage
  • Garage Door Opener

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating

Additional Features

  • Balcony
  • 5,227 Sq Ft Lot

Community Details

  • 2 Units
  • Highland Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0709-211-0310-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,695

Year Built

Built in 1940

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: Seller's and tenant's personal property
  • Items Included: Two ovens, two refrigerators, water softener, washer, dryer, portable dishwasher
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Detached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Estimated Aces: 0.12
  • Zoning: TR-C2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 33660

Tax Info

  • Land Assessment: 88300
  • Improvements: 302200
  • Total Assessment: 390500
  • Assessment year: 2020
  • Net Taxes: 8695
  • Tax Year: 2020
  • Assessor Parcel Number: 0709-211-0310-0

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2024
Sold by
Andrew G Mack Revocable Trust and Karen A Mack Revocable Trust
Bought by
2640 Llc
Current Estimated Value
$720,927

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 6, 2021
Sold by
Anderson Douglas G and Anderson Marilee
Bought by
Andrew G Mack Revocable Trust and Karen A Mack Revocable Trust
Seller's Agent
Robert Anderson
Strata Real Estate
Buyer's Agent
Suzanna Cecchin
Weichert, Realtors- Lakepoint
List Price
$505,000
Sold Price
$505,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$303,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2017
Sold by
Milky Way Llc
Bought by
Anderson Douglas G and Anderson Marilee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
4.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
2640 Llc -- None Listed On Document
2640 Llc -- None Listed On Document
Andrew G Mack Revocable Trust $505,000 None Available
Anderson Douglas G $355,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrew G Mack Revocable Trust $303,000
Previous Owner Anderson Douglas G $266,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $505,000 0.0% $218 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $505,000 0.0% $218 / Sq Ft
07/07/2021 07/07/21 Off Market $505,000 -- --
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 $22,256 $633,300 $137,600 $495,700
2023 $10,435 $575,700 $125,100 $450,600
2021 $8,980 $421,700 $95,400 $326,300
2020 $8,695 $390,500 $88,300 $302,200
2019 $8,729 $390,500 $88,300 $302,200
2018 $7,917 $355,000 $84,100 $270,900
2017 $7,657 $331,600 $78,600 $253,000
2016 $6,678 $281,900 $72,100 $209,800
2015 $6,614 $265,800 $66,100 $199,700
2014 $6,362 $265,800 $66,100 $199,700
2013 $6,047 $265,800 $64,200 $201,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1913941

South Central Wisconsin Multiple Listing Service

APN: 0709-211-0310-0