NOT LISTED FOR SALE

Estimated Value: $208,000 - $277,302

3 Beds
1 Bath
986 Sq Ft
$256/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $115,000 $117 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,887/month

24 Days on Market

Highlights

  • Wood Flooring
  • Accessible Full Bathroom
  • Forced Air Heating and Cooling System
  • Accessible Bedroom
  • Property is near a bus stop
  • 4-minute walk to Hippo Park

About This Home

As of July 2018

Attention Investors! Fantastic price for the exceptionally well maintained rental property. Stand alone home in great east Madison location close to shopping, restaurants, entertainment and parks. Currently rented through May of 2019 at $1,375 per month, this one is a money maker! Main level offers spacious kitchen, oversized laundry room, living room, full bath & Master. 2nd level has 2 more bedrooms, one with a sitting or dressing area. Outside you'll find a large front lawn, oversized storage shed and a freshly graveled driveway that will easily accommodate 2 plus cars. Measurements approx.

Last Agent to Sell the Property

John O'Connor

South Central Non-Member License #55519-94 Listed on: 05/08/2018

Last Buyer's Agent

Nedra Bobo-Boyes

Capella Realty Group, LLC License #54889-90

Property Details

Home Type

  • Multi-Family

Year Built

  • 1924

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Flooring
  • Partial Basement
  • Laundry in unit

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Location

  • Property is near a bus stop

Utilities

  • Forced Air Heating and Cooling System
  • Individual Controls for Heating

Property Details

Home Type

Multi-Family

Year Built

1924

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Singlefam Zoned Multifam, 1 1/2 Story
  • Barrier Free: First Floor Bedroom, First Floor Full Bath, Level Drive, Level Lot
  • Items Excluded: Sellers personal property, tenants personal property
  • Items Included: Range/oven, refrigerator, dishwasher
  • Miscellaneous: Close To Bus Line, Hi-Speed Internet Avail
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Interior Features

  • Basement: Partial, Poured Concrete Foundatn
  • Number Dish Washers: 1
  • Number Units W Ac: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal Water, Municipal Sewer
  • Park Unit: 2 Spaces, Outside

Lot Info

  • Estimated Aces: 0.11
  • Zoning: TR-C4

Tax Info

  • Net Taxes: 2973
  • Tax Year: 2017

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Jul 6, 2018
Sold by
One Cuttlefish Llc
Bought by
Bobo Nedra
Seller's Agent
John O'Connor
South Central Non-Member
Buyer's Agent
Nedra Bobo-Boyes
Capella Realty Group, LLC
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%
Current Estimated Value
$252,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,576
Avg. Annual Appreciation
11.35%
Original Mortgage
$92,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2015
Sold by
One Diamond Homes Llc
Bought by
One Cuttlefish Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 15, 2014
Closed on
Nov 25, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
One Diamond Homes Llc
Seller's Agent
Traci Rose
Rose Legacy Real Estate
Buyer's Agent
Charles Brown
South Central Non-Member
List Price
$89,900
Sold Price
$35,100
Premium/Discount to List
-$54,800
-60.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.83%

Purchase Details

Closed on
Jan 20, 2014
Sold by
Farrell Julia N and Atlas Julia N
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 26, 2008
Sold by
Union St Llc
Bought by
Farrell Julia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
5.51%
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
Bobo Nedra $115,000 Knight Barry Title
One Cuttlefish Llc -- Attorney
One Diamond Homes Llc -- Stewart Title Company
Federal Home Loan Mortgage Corporation -- None Available
Farrell Julia N -- Dane County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bobo Nedra $92,000
Previous Owner One Cuttlefish Llc $505,000
Previous Owner Farrell Julia N $95,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2018 07/06/18 Sold $115,000 -17.8% $117 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $139,900 +298.6% $142 / Sq Ft
12/03/2014 12/03/14 Sold $35,100 -61.0% $36 / Sq Ft View Prior Sale
11/13/2014 11/13/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $89,900 -- $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 $6,705 $194,100 $63,300 $130,800
2023 $2,997 $168,800 $62,100 $106,700
2021 $2,615 $125,600 $54,000 $71,600
2020 $2,687 $123,100 $51,900 $71,200
2019 $2,515 $115,000 $48,500 $66,500
2018 $3,105 $141,300 $48,500 $92,800
2017 $2,973 $130,800 $44,100 $86,700
2016 $3,281 $125,800 $44,100 $81,700
2015 $2,796 $113,000 $39,600 $73,400
2014 $2,660 $113,000 $39,600 $73,400
2013 $3,079 $108,700 $38,100 $70,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1830169

South Central Wisconsin Multiple Listing Service

APN: 0710-052-2606-6