NOT LISTED FOR SALE

2790 Lyman Ln Fitchburg, WI 53711

Estimated Value: $524,465 - $587,000

6 Beds
4 Baths
2,614 Sq Ft
$214/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $359,000 $137 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,610/month

Highlights

  • 0.42 Acre Lot
  • Balcony
  • Forced Air Heating and Cooling System
  • West High School Rated A
  • Eat-In Kitchen
  • 4-minute walk to Tower Hill Park

About This Home

As of February 2021

Great investment opportunity in the heart of Fitchburg in quiet residential neighborhood. This well-maintained duplex features a brand NEW ROOF with both units already rented out giving you immediate income potential! Each side has 3 bedrooms & 1.5 baths w/ an upstairs and downstairs living room and private garages for each side. Don't let this great opportunity pass! Requires 48 hours notice to show.

Last Agent to Sell the Property

Daniel Tenney

MHB Real Estate License #55376-90 Listed on: 11/30/2020

Last Buyer's Agent

Michael Weiss

MHB Real Estate License #84888-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,114

Year Built

  • Built in 1970

Lot Details

  • 0.42

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener

Schools

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

Utilities

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

Additional Features

  • Balcony
  • 0.42 Acre Lot

Community Details

  • 2 Units
  • Tower Hill Park 3Rd Add'n Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0609-094-1211-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,114

Year Built

Built in 1970

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, 2 story
  • Items Excluded: Tenant's personal property
  • Items Included: Refrigerator (2), Range/Oven (2), Dishwasher (2), Washer/Dryer (2), Water Softener (2)
  • Miscellaneous: Water Softener Owned
  • Noi Year: 2020
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • 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

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Estimated Aces: 0.42
  • Zoning: Res

Rental Info

  • Total Income: 33720

Tax Info

  • Land Assessment: 75000
  • Improvements: 218100
  • Total Assessment: 293100
  • Assessment year: 2020
  • Net Taxes: 6114
  • Tax Year: 2019
  • Assessor Parcel Number: 0609-094-1211-1

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2020
Closed on
Feb 2, 2021
Sold by
Schuster Emma
Bought by
Primis Investments Llc
Seller's Agent
Daniel Tenney
MHB Real Estate
Buyer's Agent
Michael Weiss
MHB Real Estate
List Price
$349,900
Sold Price
$359,000
Premium/Discount to List
$9,100
2.6%
Current Estimated Value
$559,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,116
Avg. Annual Appreciation
9.93%
Original Mortgage
$287,000
Outstanding Balance
$256,244
Interest Rate
2.6%
Mortgage Type
Commercial
Estimated Equity
$302,872

Purchase Details

Listed on
May 25, 2016
Closed on
Jul 12, 2016
Sold by
Cui Zhong
Bought by
Schuster Emma
Seller's Agent
Jundong Lin
South Central Non-Member
Buyer's Agent
Wanda Roche
Compass Real Estate Wisconsin
List Price
$263,900
Sold Price
$249,000
Premium/Discount to List
-$14,900
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$186,750
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2012
Closed on
Jan 31, 2013
Sold by
Enko Properties Llc
Bought by
Cui Zhong
Seller's Agent
Jeffrey Wood
Keller Williams Realty
Buyer's Agent
Jundong Lin
South Central Non-Member
List Price
$219,900
Sold Price
$203,000
Premium/Discount to List
-$16,900
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
May 27, 2010
Sold by
Rueckert Ronald I and Rueckert Emily A
Bought by
Enko Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
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
Primis Investments Llc $359,000 None Available
Schuster Emma $249,000 Attorney
Cui Zhong $203,000 Dane County Title Company
Enko Properties Llc $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Primis Investments Llc $287,000
Previous Owner Schuster Emma $186,750
Previous Owner Enko Properties Llc $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2021 02/05/21 Sold $359,000 +2.6% $137 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $349,900 +40.5% $134 / Sq Ft
07/15/2016 07/15/16 Sold $249,000 -5.6% $95 / Sq Ft View Prior Sale
06/04/2016 06/04/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $263,900 +30.0% $101 / Sq Ft
01/31/2013 01/31/13 Sold $203,000 -7.7% $78 / Sq Ft View Prior Sale
01/04/2013 01/04/13 Pending -- -- --
10/08/2012 10/08/12 For Sale $219,900 -- $84 / 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 $7,740 $429,800 $75,000 $354,800
2023 $7,595 $365,400 $75,000 $290,400
2021 $6,780 $293,100 $75,000 $218,100
2020 $6,488 $293,100 $75,000 $218,100
2019 $6,114 $266,700 $68,200 $198,500
2018 $5,733 $255,000 $65,000 $190,000
2017 $5,695 $243,900 $65,000 $178,900
2016 $5,509 $227,000 $65,000 $162,000
2015 $5,291 $220,500 $65,000 $155,500
2014 $5,205 $221,300 $65,000 $156,300
2013 $4,775 $207,100 $65,000 $142,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1898611

South Central Wisconsin Multiple Listing Service

APN: 0609-094-1211-1