NOT LISTED FOR SALE

2923 & 2929 Turbot Dr Madison, WI 53713

Estimated Value: $500,000 - $629,000

8 Beds
4 Baths
3,960 Sq Ft
$146/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $780,000 $197 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $3,834/month

2 Days on Market

About This Home

As of July 2019

2 - 4 unit fully leased properties available in Madison, WI. All 8 units have private washer and dryers in their apartment. Easy to rent, waiting list currently for any available units. Great tenants and good cash flow.

Last Agent to Sell the Property

Noel Barnes

Barnes & Associates Realty Group License #57974-90 Listed on: 05/27/2019

Last Buyer's Agent

Carolyn Doering

Bunbury & Assoc, REALTORS License #81186-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,491

Year Built

  • Built in 1983

Lot Details

  • 0.48

Parking

  • 9 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Schools

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

Additional Features

  • 0.48 Acre Lot
  • Radiant Heating System

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 0609-032-0729-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,491

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment Building
  • Noi Year: 2019
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 8
  • Number Dryers: 8
  • Number Refrigerators: 8
  • Number Stoves: 8
  • Number Washers: 8
  • Number Water Heaters: 8

Exterior Features

  • Exterior: Vinyl, Brick, Stone

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Outside: 9

Utilities

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

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: 0.48
  • Zoning: R4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 85080

Tax Info

  • Land Assessment: 144200
  • Improvements: 592800
  • Total Assessment: 737000
  • Assessment year: 2019
  • Net Taxes: 13491
  • Tax Year: 2018
  • Assessor Parcel Number: 0609-032-0729-4

Multi Family

  • Number Of2 Bedrooms: 8
  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
Ernest Properties Llc
Bought by
Keystone Equity Group Llc
Total Days on Market
2
Current Estimated Value
$579,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,400
Outstanding Balance
$530,400
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$49,880

Purchase Details

Closed on
Jun 12, 2020
Sold by
Keydel Cheryl and Keydel William
Bought by
Ernest Properties Llc

Purchase Details

Listed on
May 27, 2019
Closed on
Jul 12, 2019
Sold by
Kegonsa Plaza Development Llc
Bought by
Keydel Cheryl and Keydel William
Seller's Agent
Noel Barnes
Barnes & Associates Realty Group
Buyer's Agent
Carolyn Doering
Bunbury & Assoc, REALTORS
List Price
$778,900
Sold Price
$780,000
Premium/Discount to List
$1,100
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.89%

Purchase Details

Closed on
May 11, 2018
Sold by
Turbot Llc
Bought by
Kegonsa Plaza Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2015
Sold by
Riemen Brett A
Bought by
Turbot Llc
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
Keystone Equity Group Llc $663,000 Wisconsin Title
Ernest Properties Llc -- None Available
Keydel Cheryl $394,900 None Available
Kegonsa Plaza Development Llc $737,000 None Available
Turbot Llc $270,000 Knight Barry Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keystone Equity Group Llc $530,400
Previous Owner Kegonsa Plaza Development Llc $557,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $780,000 +0.1% $197 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/27/2019 05/27/19 For Sale $778,900 -- $197 / 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 $17,536 $500,000 $97,000 $403,000
2023 $7,863 $435,000 $88,000 $347,000
2021 $8,406 $395,000 $73,000 $322,000
2020 $8,793 $394,900 $72,100 $322,800
2019 $8,233 $368,500 $72,100 $296,400
2018 $7,151 $321,000 $72,100 $248,900
2017 $6,850 $297,000 $72,100 $224,900
2016 $6,393 $270,000 $65,100 $204,900
2015 $5,781 $242,000 $65,100 $176,900
2014 $5,785 $242,000 $65,100 $176,900
2013 $6,390 $242,000 $65,100 $176,900
Source: Public Records

Agents Affiliated with this Home

  • Noel Barnes

    Seller's Agent in 2019

    Noel Barnes

    Barnes & Associates Realty Group

    (608) 294-7401

    45 Total Sales

    Noel Barnes
    Section Image
  • Carolyn Doering

    Buyer's Agent in 2019

    Carolyn Doering

    Bunbury & Assoc, REALTORS

    (608) 284-0277

    35 Total Sales

    Carolyn Doering
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1858596

South Central Wisconsin Multiple Listing Service

APN: 0609-032-0729-4

Wisconsin Dane County Madison 53713

2923 & 2929 Turbot Dr, Madison, WI

This home is located at 2923 & 2929 Turbot Dr, Madison, WI 53713 since 27 May 2019 and is currently estimated at $579,729, approximately $146 per square foot. This property was built in 1983. 2923 & 2929 Turbot Dr is a home located in Dane County with nearby schools including Leopold Elementary School, Cherokee Heights Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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