NOT LISTED FOR SALE

Estimated Value: $301,000

2 Beds
4 Baths
2,497 Sq Ft
$121/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $126,000 $50 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,865/month

146 Days on Market

About This Home

As of March 2022

Per seller, no showings until further notice. Mixed use building in fantastic location for sale for the first time in 31 years. Two apartments upstairs bring in some nice cash flow. The apartment leases expire late summer 2022. Ground level salon has been a neighborhood fixture for a generation. Current owners/stylists are willing to discuss terms if buyer wishes to lease back the commercial space. Or bring your own business idea into this vibrant neighborhood. Many permitted uses, including office, and several retail options. Great visibility along E. Johnson Street.

Last Agent to Sell the Property

Brian Conne

First Weber, Inc License #81894-94 Listed on: 09/28/2021

First Weber, Inc

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 3,485

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Oven or Range

Parking

  • 3 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener Leased

Additional Features

  • 3,485 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0710-061-2501-9

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Stylist chairs and hairdryers used for salon, washer, dryer, seller's person property, tenant's personal property
  • Items Included: 2 window air conditioners, 2 stoves, 2 refrigerators
  • Miscellaneous: Close to bus line, Water Softener Rented
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Units W Ac: 3
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Emerson
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.08
  • Zoning: CC-T
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 5471
  • Tax Year: 2020
  • Assessor Parcel Number: 0710-061-2501-9

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Feb 25, 2022
Sold by
Julie Motisi
Bought by
Motisi Nancy and Motisi Susan
Seller's Agent
Brian Conne
First Weber, Inc
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$395,000
Sold Price
$126,000
Premium/Discount to List
-$269,000
-68.1%
Current Estimated Value
$301,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,000
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
Motisi Nancy $126,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $126,000 -68.1% $50 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
10/06/2021 10/06/21 For Sale $395,000 +213.5% $158 / Sq Ft
10/01/2021 10/01/21 Off Market $126,000 -- --
09/28/2021 09/28/21 For Sale $395,000 -- $158 / 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 $5,432 $302,000 $20,000 $282,000
2022 $10,610 $272,000 $20,000 $252,000
2021 $5,470 $259,000 $20,000 $239,000
2020 $5,470 $247,000 $20,000 $227,000
2019 $5,222 $235,000 $20,000 $215,000
2018 $4,863 $219,400 $19,500 $199,900
2017 $5,040 $219,400 $19,500 $199,900
2016 $5,180 $219,400 $17,500 $201,900
2015 $6,057 $241,400 $17,500 $223,900
2014 $5,771 $241,400 $17,500 $223,900
2013 $4,978 $241,400 $17,500 $223,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1921062

South Central Wisconsin Multiple Listing Service

APN: 0710-061-2501-9