NOT LISTED FOR SALE

Estimated Value: $769,723

9 Beds
4 Baths
3,850 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2016

Last sale price $450,000 $117 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,410 / mo

22 Days on Market

Highlights

  • Property is near bus stop
  • Central Air
  • Dining Room
  • West High School Rated A
  • Water Softener is Owned
  • Laundry Facilities

About This Home

As of July 2016

Great investment opportunity! Gross Rental income $71,000. Fully rented. Superior location with restaurants, arboretum, bike trails, bus line, and down town just minutes away. All units have carpet in living/dining and hardwood in bedrooms. New boilers in both sides, all units have air conditioning! Full basement with 8 storage units, 2 washers and dryers.

Last Agent to Sell the Property

Pam McSherry

South Central Non-Member License #54162-90 Listed on: 05/02/2016

Last Buyer's Agent

Nedra Bobo-Boyes

Capella Realty Group, LLC License #54889-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,595

Year Built

  • Built in 1966

Lot Details

  • 0.47

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Parking

  • On-Street Parking
  • Outside Parking

Schools

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

Utilities

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

Additional Features

  • 20,473 Sq Ft Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-343-0211-1

Community Details

Overview

  • 8 Units
  • Arbor Heights Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $37,829

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,595

Year Built

Built in 1966

Lot Details

0.47 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 2
  • Number Units W Ac: 8
  • Number Washers: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

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

Fee Information

  • Total Expenses: 33627

Schools

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

Lot Info

  • Estimated Aces: 0.47
  • Zoning: SR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 71456

Tax Info

  • Net Taxes: 8595
  • Tax Year: 2014
  • Assessor Parcel Number: 0709-343-0211-1

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 6
  • Number Of3 Bedrooms: 1
  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
Jun 30, 2016
Sold by
Wisco Apts 1 Llc
Bought by
Kidder Andrew and Kidder Halora
Seller's Agent
Pam McSherry
South Central Non-Member
Buyer's Agent
Nedra Bobo-Boyes
Capella Realty Group, LLC
List Price
$555,000
Sold Price
$450,000
Premium/Discount to List
-$105,000
-18.92%
Current Estimated Value
$769,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,723
Original Mortgage
$360,000
Outstanding Balance
$283,280
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 8, 2011
Closed on
Feb 20, 2012
Sold by
Oak Bank
Bought by
Wisco Apts #1 Llc
Seller's Agent
Pam McSherry
South Central Non-Member
Buyer's Agent
Pam McSherry
South Central Non-Member
List Price
$389,000
Sold Price
$325,000
Premium/Discount to List
-$64,000
-16.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$276,250
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2011
Sold by
Rmd Investments Llc
Bought by
Oak Bank

Purchase Details

Closed on
Jun 20, 2007
Sold by
Trl Investments Llc
Bought by
Rmd Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,808
Interest Rate
6.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2007
Sold by
Luu Kimcuc Minh and Luu Nguyet T
Bought by
Tdl Investments Llc

Purchase Details

Closed on
Aug 25, 2006
Sold by
Todd Drive Apartments Llc
Bought by
Luu Kimeue Minh and Luu Nguyet T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.78%
Mortgage Type
Commercial
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kidder Andrew $450,000 None Available
Wisco Apts #1 Llc $325,000 None Available
Oak Bank $360,000 None Available
Rmd Investments Llc -- None Available
Tdl Investments Llc -- None Available
Luu Kimeue Minh $465,000 --
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 Kidder Andrew $360,000
Previous Owner Wisco Apts #1 Llc $276,250
Previous Owner Rmd Investments Llc $345,808
Previous Owner Luu Kimeue Minh $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2016 07/01/16 Sold $450,000 -18.9% $117 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $555,000 +70.8% $144 / Sq Ft
02/20/2012 02/20/12 Sold $325,000 -16.5% $84 / Sq Ft View Prior Sale
02/03/2012 02/03/12 Pending -- -- --
08/08/2011 08/08/11 For Sale $389,000 -- $101 / 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 $15,661 $833,500 $132,000 $701,500
2023 $13,063 $708,000 $132,000 $576,000
2022 $24,109 $598,000 $132,000 $466,000
2021 $11,093 $520,000 $132,000 $388,000
2020 $11,042 $495,000 $132,000 $363,000
2019 $10,116 $450,000 $132,000 $318,000
2018 $10,101 $450,000 $132,000 $318,000
2017 $10,419 $450,000 $132,000 $318,000
2016 $8,934 $376,000 $120,000 $256,000
2015 $8,590 $358,000 $120,000 $238,000
2014 $8,595 $358,000 $120,000 $238,000
2013 $9,991 $325,000 $120,000 $205,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1774748

South Central Wisconsin Multiple Listing Service

APN: 0709-343-0211-1

Your Personal Tour Guide

Ask me questions while you tour the home.