NOT LISTED FOR SALE

2702 Mcdivitt Rd Madison, WI 53713

Arbor Hills Neighborhood

Estimated Value: $564,000 - $745,000

6 Beds
4 Baths
3,200 Sq Ft
$197/Sq Ft Est. Value

Last Sold December 10, 2024

Last sale price $1,100,000 $344 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $3,883/month

Highlights

  • Wood Flooring
  • Balcony
  • Fireplace
  • West High School Rated A
  • Detached Garage
  • Eat-In Kitchen

About This Home

As of December 2024

Sold comp for 2702 McDivitt Rd and 2710 McDivitt Rd purchased together.

Last Agent to Sell the Property

. FSBO Comp

FSBO Comp Listed on: 10/17/2024

Last Buyer's Agent

Lori Schilling

Sprinkman Real Estate License #81122-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,383

Year Built

  • Built in 1960

Lot Details

  • 0.46

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Fireplace
  • Family Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • Detached Garage
  • 8 Open Parking Spaces
  • Outside Parking

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
  • 0.46 Acre Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-343-0806-0

Community Details

Overview

  • 8 Units
  • Arbor Hills Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,383

Year Built

Built in 1960

Lot Details

0.46 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Washers, Dryers (leased)
  • Items Included: stoves, fridges
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Units W Ac: 8
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 8

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached, 1 space, Outside
  • Utilities: Separate elec meters

Schools

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

Lot Info

  • Estimated Aces: 0.46
  • Zoning: SR-V1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 14383
  • Tax Year: 2023
  • Assessor Parcel Number: 0709-343-0806-0

Multi Family

  • Number Of1 Bedrooms: 3
  • Number Of2 Bedrooms: 4
  • Number Of Efficiencies: 1
  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Dec 6, 2024
Sold by
Atlas Investment Group Llp
Bought by
Arborville Homes Llc
Seller's Agent
. FSBO Comp
FSBO Comp
Buyer's Agent
Lori Schilling
Sprinkman Real Estate
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$631,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$468,667
Avg. Annual Appreciation
-37.53%
Original Mortgage
$825,000
Outstanding Balance
$818,424
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$187,091

Purchase Details

Listed on
Oct 5, 2019
Closed on
Nov 29, 2019
Sold by
Franklin Stephen J
Bought by
Atlas Investment Group Llp
Seller's Agent
Robert Anderson
Strata Real Estate
Buyer's Agent
Petr Kolarsky
RE/MAX Preferred
List Price
$314,900
Sold Price
$305,900
Premium/Discount to List
-$9,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.91%
Original Mortgage
$244,720
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2019
Sold by
Franklin Karen K
Bought by
Franklin Stephen J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arborville Homes Llc $1,100,000 Knight Barry Title
Atlas Investment Group Llp $305,900 None Available
Franklin Stephen J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arborville Homes Llc $825,000
Previous Owner Atlas Investment Group Llp $244,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2024 12/10/24 Sold $1,100,000 0.0% $344 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $1,100,000 +259.6% $344 / Sq Ft
11/29/2019 11/29/19 Sold $305,900 -2.9% $99 / Sq Ft View Prior Sale
10/05/2019 10/05/19 For Sale $314,900 -- $102 / 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 $7,159 $396,500 $94,900 $301,600
2022 $14,379 $367,100 $84,700 $282,400
2021 $6,491 $305,900 $77,700 $228,200
2020 $6,794 $305,900 $77,700 $228,200
2019 $6,468 $283,500 $77,700 $205,800
2018 $6,160 $270,000 $77,700 $192,300
2017 $6,383 $270,000 $77,700 $192,300
2016 $6,560 $270,000 $70,600 $199,400
2015 $5,948 $248,900 $70,600 $178,300
2014 $5,952 $248,900 $70,600 $178,300
2013 $5,658 $248,900 $70,600 $178,300
Source: Public Records

Agents Affiliated with this Home

  • .

    Seller's Agent in 2024

    . FSBO Comp

    FSBO Comp

  • Lori Schilling

    Buyer's Agent in 2024

    Lori Schilling

    Sprinkman Real Estate

    (608) 279-4313

    7 in this area

    310 Total Sales

    Lori Schilling
    Section Image

  • R

    Seller's Agent in 2019

    Robert Anderson

    Strata Real Estate

    (608) 310-7570

    30 Total Sales

    Robert Anderson
    Section Image
  • Petr Kolarsky

    Buyer's Agent in 2019

    Petr Kolarsky

    RE/MAX

    (608) 575-6784

    55 Total Sales

    Petr Kolarsky
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1990523

South Central Wisconsin Multiple Listing Service

APN: 0709-343-0806-0

Wisconsin Dane County Madison 53713 Arbor Hills

2702 Mcdivitt Rd, Madison, WI

Not Listed for Sale

MultiFamily

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South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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