NOT LISTED FOR SALE

2702 Post Rd Madison, WI 53713

Arbor Hills Neighborhood

Estimated Value: $454,449 - $501,000

5 Beds
4 Baths
2,760 Sq Ft
$174/Sq Ft Est. Value

Last Sold January 04, 2018

Last sale price $240,000 $87 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,480/month

8 Days on Market

Highlights

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

About This Home

As of January 2018

Great Duplex on Corner Lot with many recent upgrades. Very easy to Rent. Close to school and busline. Keeping one unit vacant (2702) until a buyer is identified. Will assist in renting if desired. Window in 2702 to be replaced on 10/20 Licensee interest.

Last Agent to Sell the Property

Leslie Riemen

Lakestone Properties License #57224-90 Listed on: 10/19/2017

Last Buyer's Agent

Jo Ferraro

EXP Realty, LLC License #52802-90

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,339

Year Built

  • Built in 1974

Lot Details

  • 0.3

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Family Room
  • Dining Room
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Oven or Range
  • Dishwasher

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Additional Features

  • Balcony
  • 0.3 Acre Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0609-032-0221-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,339

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side
  • Miscellaneous: Close to bus line
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Partially finished
  • Number Dish Washers: 2
  • Number Units W Ac: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Estimated Aces: 0.3
  • Zoning: R-3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 27780

Tax Info

  • Net Taxes: 4339
  • Tax Year: 2017
  • Assessor Parcel Number: 0609-032-0221-0

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2017
Closed on
Jan 4, 2018
Sold by
2704 Post Road Llc
Bought by
Schilling Nicolis J
Seller's Agent
Leslie Riemen
Lakestone Properties
Buyer's Agent
Jo Ferraro
EXP Realty, LLC
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Current Estimated Value
$478,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,862
Avg. Annual Appreciation
9.04%
Original Mortgage
$192,000
Outstanding Balance
$161,942
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$316,920

Purchase Details

Closed on
Jun 25, 2012
Sold by
Riemen Brett A
Bought by
2704 Post Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2012
Sold by
Waldon Russell A and Waldon Angela
Bought by
Riemen Brett A

Purchase Details

Closed on
Jan 31, 2005
Sold by
Gear Curtis E and Gear Ida M
Bought by
Waldon Russell A and Waldon Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,341
Interest Rate
4.68%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Schilling Nicolis J $240,000 --
2704 Post Road Llc $169,700 Dane County Title Company
Riemen Brett A $113,500 None Available
Waldon Russell A $221,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schilling Nicolis J $192,000
Previous Owner 2704 Post Road Llc $135,000
Previous Owner Waldon Russell A $177,341
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2018 01/04/18 Sold $240,000 -4.0% $87 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $249,900 -- $91 / 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 $11,652 $349,000 $118,700 $230,300
2023 $5,546 $326,200 $110,900 $215,300
2021 $5,407 $269,600 $90,800 $178,800
2020 $5,335 $249,600 $90,800 $158,800
2019 $5,335 $240,000 $87,300 $152,700
2018 $4,911 $221,500 $77,300 $144,200
2017 $4,648 $196,200 $77,300 $118,900
2016 $4,340 $180,000 $70,900 $109,100
2015 $4,113 $173,100 $82,900 $90,200
2014 $4,116 $173,100 $82,900 $90,200
2013 $5,046 $169,700 $82,900 $86,800
Source: Public Records

Agents Affiliated with this Home

  • Leslie Riemen

    Seller's Agent in 2018

    Leslie Riemen

    Lakestone Properties

    (608) 212-5131

    4 Total Sales

    Leslie Riemen
    Section Image
  • Jo Ferraro

    Buyer's Agent in 2018

    Jo Ferraro

    EXP Realty, LLC

    (608) 445-2287

    993 Total Sales

    Jo Ferraro
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1816692

South Central Wisconsin Multiple Listing Service

APN: 0609-032-0221-0

Wisconsin Dane County Madison 53713 Arbor Hills

2702 Post Rd, Madison, WI

Not Listed for Sale

MultiFamily

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