NOT LISTED FOR SALE

Estimated Value: $350,000 - $419,910

6 Beds
2 Baths
2,000 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $158,000 $79 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $3,021/month

Highlights

  • Open Floorplan
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Den
  • Accessible Bedroom
  • 5-minute walk to Washington Manor Park

About This Home

As of August 2013

Solid Investment. Looking for a property that is polished for an investment or to owner occupy? This is the place! Owner managed building (prev. occupied by owners) remodeled w/new baths, updated kitchens, insulation, electrical , flooring, walls, light fixtures & some windows. 1st flr is full of character; hardwood flrs, front porch & mud rm w/laundry. Look at the numbers, positive cash flow w/low maintenance flats or occupy a 1000 sq ft flat & let your tenant pay the mortgage! Bonus two car garage. Please visit www.lizlauer.com for more information and pics or call Liz @ 608-444-5725. 24 hr notice

Last Agent to Sell the Property

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 03/07/2013

Last Buyer's Agent

Michael Bonebrake

Century 21 Affiliated License #43181-94

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Den
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener
  • On-Street Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Location

  • Property is near a bus stop

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0810-314-1016-1

Community Details

Overview

  • 2 Units
  • Eken Park Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $12,121

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Level lot, Low pile or no carpeting
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Noi Year: 2012
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Furnaces: 1
  • 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: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached, Opener inc
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 5879

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: 0.11
  • Zoning: R4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 18000

Tax Info

  • Land Assessment: 33200
  • Improvements: 151400
  • Total Assessment: 184600
  • Assessment year: 2013
  • Net Taxes: 4285
  • Tax Year: 2012
  • Assessor Parcel Number: 0810-314-1016-1

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2013
Closed on
Aug 16, 2013
Sold by
Likwarz Andi and Ostlund Eric
Bought by
Kmb Real Estate Llc
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Michael Bonebrake
Century 21 Affiliated
List Price
$169,900
Sold Price
$158,000
Premium/Discount to List
-$11,900
-7%
Current Estimated Value
$390,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,478
Avg. Annual Appreciation
8.50%
Original Mortgage
$132,500
Interest Rate
4.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2006
Sold by
Yu Kaiming R
Bought by
Likwarz Andy and Ostlund Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Kmb Real Estate Llc $158,000 None Available
Likwarz Andy $167,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kmb Real Estate Llc $132,500
Previous Owner Likwarz Andy $133,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2013 08/16/13 Sold $158,000 -7.0% $79 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $169,900 -- $85 / 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 $11,400 $341,900 $66,600 $275,300
2023 $5,424 $319,500 $62,200 $257,300
2021 $4,992 $250,300 $46,700 $203,600
2020 $4,935 $231,800 $43,200 $188,600
2019 $4,830 $227,300 $43,200 $184,100
2018 $4,853 $227,300 $43,200 $184,100
2017 $4,603 $206,600 $39,300 $167,300
2016 $4,193 $184,500 $39,300 $145,200
2015 $4,262 $184,500 $33,200 $151,300
2014 $4,261 $184,500 $33,200 $151,300
2013 $4,076 $184,600 $33,200 $151,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1677511

South Central Wisconsin Multiple Listing Service

APN: 0810-314-1016-1