NOT LISTED FOR SALE

2866 Kingston Dr Madison, WI 53713

Arbor Hills Neighborhood

Estimated Value: $624,000

5 Beds
5 Baths
3,720 Sq Ft
$168/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2017

Last sale price $210,000 $56 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $4,003 / mo

59 Days on Market

Highlights

  • Main Floor Bedroom
  • Eat-In Kitchen
  • Property is near bus stop
  • West High School Rated A
  • Accessible Bedroom
  • 1-minute walk to University of Madison-Wisconsin Arboretum

About This Home

As of August 2017

Great easy to rent ranch duplex with convenient location in Arbor Hills. New roof and several unit updates in recent years including furnaces, air conditioners, water softeners, and water heaters. Units are large with lots of storage and full basements. 3 bedroom unit has nice large sun room and remodeled kitchen. Large backyard with storage shed. Tenant occupied and on month to month leases. 24 hours notice required. This is an excellent investment opportunity.

Last Agent to Sell the Property

Jennifer Evenson

Sprinkman Real Estate License #81067-94 Listed on: 05/24/2017

Last Buyer's Agent

Vern Acker

RE/MAX Preferred License #42598-90

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 12,894 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • Main Floor Bedroom
  • Family Room
  • Basement Windows
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Additional Features

  • Accessible Bedroom
  • Property is near bus stop

Community Details

  • 2 Units
  • Arbor Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0709-333-6475-1

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0.3 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side
  • Barrier Free: First floor bedroom, Level lot
  • Items Excluded: Seller and Tenants Personal Property.
  • Items Included: Range/Oven, Refrigerator, Water Softener, Garbage Disposal.
  • Miscellaneous: Close to bus line
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full size windows/Exposed
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Washers: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Wood, Brick, Stone

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.296
  • Zoning: R-3A
  • Geo Subdivision: WI

Rental Info

  • Total Income: 23400

Tax Info

  • Net Taxes: 6270
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-333-6475-1

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Aug 15, 2017
Sold by
Bechen Ronald J and Bechen Anita L
Bought by
Sharma Homes Llc
Seller's Agent
Jennifer Evenson
Sprinkman Real Estate
Buyer's Agent
Vern Acker
RE/MAX Preferred
List Price
$279,000
Sold Price
$210,000
Premium/Discount to List
-$69,000
-24.73%
Current Estimated Value
$624,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,000
Avg. Annual Appreciation
13.27%
Original Mortgage
$168,000
Outstanding Balance
$140,183
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$483,817

Purchase Details

Closed on
Sep 8, 2005
Sold by
Ponti Susan J and Strong Gary M
Bought by
Bechen Ronald J and Bechen Anita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,425
Interest Rate
5.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Sharma Homes Llc $210,000 Knight Barry Title Services
Bechen Ronald J $289,900 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Sharma Homes Llc $168,000
Previous Owner Bechen Ronald J $217,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2017 08/15/17 Sold $210,000 -24.7% $56 / Sq Ft
05/24/2017 05/24/17 For Sale $279,000 -- $75 / 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
2025 $7,509 $407,400 $105,600 $301,800
2024 $12,947 $370,400 $105,600 $264,800
2023 $6,240 $346,200 $98,700 $247,500
2022 $5,921 $288,500 $32,900 $255,600
2021 $5,921 $262,800 $32,900 $229,900
2020 $5,992 $239,300 $32,900 $206,400
2019 $5,814 $229,700 $32,900 $196,800
2018 $5,037 $210,000 $32,900 $177,100
2017 $6,349 $277,300 $32,900 $244,400
2016 $6,271 $264,300 $32,900 $231,400
2015 $6,312 $251,300 $32,900 $218,400
2014 $6,410 $251,300 $32,900 $218,400
2013 $6,883 $251,300 $32,900 $218,400
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Evenson

    Seller's Agent in 2017

    Jennifer Evenson

    Sprinkman Real Estate

    (608) 279-5943

    4 Total Sales

    Jennifer Evenson
    Section Image
  • Vern Acker

    Buyer's Agent in 2017

    Vern Acker

    RE/MAX

    (608) 225-9301

    35 Total Sales

    Vern Acker
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1804502

South Central Wisconsin Multiple Listing Service

APN: 0709-333-6475-1

Wisconsin Dane County Madison 53713 Arbor Hills

2866 Kingston Dr, Madison, WI

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South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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