NOT LISTED FOR SALE

2778 Lyman Ln Fitchburg, WI 53711

Estimated Value: $501,521 - $588,000

4 Beds
4 Baths
2,800 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $300,000 $107 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,532/month

Highlights

  • 0.43 Acre Lot
  • Den
  • Property is near a bus stop
  • West High School Rated A
  • Eat-In Kitchen
  • 4-minute walk to Tower Hill Park

About This Home

As of August 2018

Hurry, don't miss out on this great real estate investment opportunity!! Tenants will enjoy fresh new updates, all throughout both units that are sure to impress! After walking down to grab dinner and a drink at your local neighborhood restaurant, Me & Julio, sit back and relax in your private spacious backyard secured with a new cedar fence installed in 2017. Perfectly located just minutes from downtown Madison, and walking distance to McKee Farms Park, and a family friendly splash pad. Buy with confidence knowing this property comes with an HSA Home Warranty!!

Last Agent to Sell the Property

Chris Williams

Keller Williams Realty License #80645-94 Listed on: 07/23/2018

Keller Williams Realty

Last Buyer's Agent

Dan Ewers

South Central Non-Member License #47599-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,220

Year Built

  • Built in 1973

Lot Details

  • 0.43

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • Family Room
  • Dining Room
  • Den
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 4 Open Parking Spaces
  • 2 Covered Spaces

Schools

  • Leopold Elementary School
  • Toki Middle School
  • West High School

Utilities

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

Additional Features

  • 0.43 Acre Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Third Addn Tower Hill Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0609-094-1178-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,220

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Municipality: Fitchburg
  • Status Detail: Sold
  • Mailing City: Fitchburg
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side
  • Items Excluded: Sellers and Tenants Personal Property
  • Items Included: (2) Refrigerators, (2) Stove/Ovens, (2) Dishwashers, (2) Microwaves, (2) Disposals, Water Softeners, (2) Washers, (2) Dryers, and Garage Door Openers.
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Partially finished
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Aluminum/Steel, Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 4

Utilities

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

Schools

  • School District: Madison
  • Elementary School: Leopold
  • Middle School: Toki
  • High School: West
  • Elementary School: Leopold
  • High School: West
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Estimated Aces: 0.433
  • Zoning: res

Tax Info

  • Land Assessment: 65000
  • Improvements: 210200
  • Total Assessment: 275200
  • Assessment year: 2018
  • Net Taxes: 6220
  • Tax Year: 2017
  • Assessor Parcel Number: 0609-094-1178-3

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Aug 31, 2018
Sold by
Jags Llc
Bought by
Sawran Justin
Seller's Agent
Chris Williams
Keller Williams Realty
Buyer's Agent
Dan Ewers
South Central Non-Member
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$547,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,880
Avg. Annual Appreciation
8.83%
Original Mortgage
$293,584
Outstanding Balance
$258,819
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$289,061

Purchase Details

Closed on
Nov 29, 2017
Sold by
Laberge Anthony D and Laberge Sarah J
Bought by
Jags Llc

Purchase Details

Listed on
Mar 19, 2015
Closed on
Jul 6, 2015
Sold by
Forstrom Ladon M
Bought by
Laberge Anthony D and Laberge Sarah J
Seller's Agent
Dottie Moseley
RE/MAX Preferred
Buyer's Agent
James Kilbane
Century 21 Affiliated
List Price
$283,000
Sold Price
$270,000
Premium/Discount to List
-$13,000
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$216,000
Interest Rate
3.86%
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
Sawran Justin $299,000 None Available
Jags Llc -- --
Laberge Anthony D $270,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sawran Justin $293,584
Previous Owner Laberge Anthony D $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2018 08/31/18 Sold $300,000 0.0% $107 / Sq Ft
08/01/2018 08/01/18 For Sale $300,000 0.0% $107 / Sq Ft
07/30/2018 07/30/18 Off Market $300,000 -- --
07/06/2015 07/06/15 Sold $270,000 -4.6% $96 / Sq Ft View Prior Sale
05/15/2015 05/15/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $283,000 -- $101 / 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 $7,520 $416,900 $75,000 $341,900
2023 $7,320 $351,500 $75,000 $276,500
2021 $6,597 $284,800 $75,000 $209,800
2020 $6,313 $284,800 $75,000 $209,800
2019 $6,639 $290,900 $68,200 $222,700
2018 $6,168 $275,200 $65,000 $210,200
2017 $6,221 $267,400 $65,000 $202,400
2016 $6,106 $252,700 $65,000 $187,700
2015 $5,698 $238,200 $65,000 $173,200
2014 $5,809 $239,100 $65,000 $174,100
2013 $5,196 $227,400 $65,000 $162,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1837673

South Central Wisconsin Multiple Listing Service

APN: 0609-094-1178-3