NOT LISTED FOR SALE

Estimated Value: $366,000 - $676,970

4 Beds
4 Baths
2,200 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $425,000 $193 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,316/month

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Outdoor Storage
  • Balcony
  • Property is near a bus stop
  • 4-minute walk to Hippo Park

About This Home

As of August 2019

Solid classic 1950's brick 4 unit in a great locale! Current rents are under market value. Heat is included in rent. sq.ft. per unit is estimate. Consists of four 1 bedroom units, hardwood floors in living and bedrooms (hardwoods under carpet too.) Some have bathroom & kitchen updates. Mostly new windows except the front windows. Both 1st floor units have additional private back entry. Off-street parking with one surface spot per unit. Storage unit for each in the basement. Washer & dryer included for free shared laundry. Electric meter for each unit, 4 electric water heaters, 4 electric stoves. Water softener '18, roof 2000. For more information visit TheAlvaradoGroup.com or call 608-358-7481 for a showing.

Last Agent to Sell the Property

April Johnson

Rooted Real Estate License #56499-90 Listed on: 06/05/2019

Last Buyer's Agent

April Johnson

Rooted Real Estate License #56499-90 Listed on: 06/05/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,023

Year Built

  • Built in 1954

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • En-Suite Primary Bedroom
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven or Range

Parking

  • 4 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Lowell Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Low Pile Carpeting
  • Property is near a bus stop

Community Details

  • 4 Units
  • Laundry Facilities
  • Net Operating Income $20,604

Listing and Financial Details

  • Assessor Parcel Number 0710-052-2102-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,023

Year Built

Built in 1954

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
  • Barrier Free: Level drive, Level lot, Low pile or no carpeting
  • Items Excluded: seller and tenants' personal property
  • Items Included: 4 fridges, 4 range/ovens, water softener, washer & dryer
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 4

Utilities

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

Fee Information

  • Total Expenses: 14796

Schools

  • Elementary School: Lowell
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.2
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 35400

Tax Info

  • Net Taxes: 8023
  • Tax Year: 2018
  • Assessor Parcel Number: 0710-052-2102-4

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Aug 22, 2019
Sold by
Oasen Kenneth A and Oasen James R
Bought by
2913 Milwaukee St Llc
Seller's Agent
April Johnson
Rooted Real Estate
Buyer's Agent
April Johnson
Rooted Real Estate
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$529,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,743
Avg. Annual Appreciation
3.63%
Original Mortgage
$340,000
Outstanding Balance
$297,777
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$231,966

Purchase Details

Closed on
Jan 8, 2013
Sold by
Jk Properties Joint Venture
Bought by
Oasen Kenneth A and Oasen James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2008
Sold by
Oasen Louise C
Bought by
Jk Properties Joint Venture

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
2913 Milwaukee St Llc $425,000 None Available
Oasen Kenneth A $262,000 Knight Barry Title Svcs Llc
Jk Properties Joint Venture $231,200 Knight Barry Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2913 Milwaukee St Llc $340,000
Previous Owner Oasen Kenneth A $195,000
Previous Owner Jk Properties Joint Venture $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2019 08/22/19 Sold $425,000 0.0% $193 / Sq Ft
07/05/2019 07/05/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $425,000 0.0% $193 / Sq Ft
06/06/2019 06/06/19 Off Market $425,000 -- --
06/05/2019 06/05/19 For Sale $425,000 -- $193 / 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 $18,067 $515,000 $75,000 $440,000
2023 $8,503 $470,000 $68,000 $402,000
2021 $9,051 $425,000 $56,000 $369,000
2020 $9,470 $425,000 $56,000 $369,000
2019 $8,267 $370,000 $56,000 $314,000
2018 $8,023 $359,700 $55,200 $304,500
2017 $7,543 $326,700 $55,200 $271,500
2016 $7,368 $310,700 $52,200 $258,500
2015 $6,767 $256,700 $52,200 $204,500
2014 $6,141 $256,700 $52,200 $204,500
2013 $5,976 $249,700 $52,200 $197,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1859645

South Central Wisconsin Multiple Listing Service

APN: 0710-052-2102-4