NOT LISTED FOR SALE

2929 Traceway Dr Madison, WI 53713

Estimated Value: $472,284 - $495,000

6 Beds
4 Baths
2,464 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $410,000 $166 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,195/month

3 Days on Market

Highlights

  • Fenced Yard
  • Balcony
  • Property is near a bus stop
  • West High School Rated A
  • Eat-In Kitchen
  • 3-minute walk to Aldo Leopold Park

About This Home

As of October 2022

So many updates to this rental!! Great 3 bed, 1.5 bath duplex with 1 car attached garages. Over 1200 sq ft and unfinished basement for storage. There is a patio out the back to enjoy the fenced backyard. New roof, new LVT, and some appliances. Vinyl windows (2013). Easy on/off the beltline and close to bus line and shopping!

Last Agent to Sell the Property

Areal Guenther

Realty Executives Cooper Spransy License #81696-94 Listed on: 08/16/2022

Realty Executives Cooper Spransy

Last Buyer's Agent

Peggy Acker-Farber

RE/MAX Preferred

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,382

Year Built

  • Built in 1983

Lot Details

  • 0.25 Acre Lot
  • Fenced Yard

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Softener is Owned

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • 2 Units
  • Bowman Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0609-032-0621-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,382

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: Duplex-side by side, 2 story
  • Items Excluded: Tenants personal items
  • Items Included: 2 Refrigerators, 2 dishwashers, 2 ranges, 2 washers, 2 dryers, 1 water softener
  • Miscellaneous: Close to bus line, Water Softener Owned, Fenced yard
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

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

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: 0.253
  • Zoning: SR-C3

Rental Info

  • Total Income: 35675

Tax Info

  • Land Assessment: 92300
  • Improvements: 276600
  • Total Assessment: 368900
  • Assessment year: 2022
  • Net Taxes: 7382
  • Tax Year: 2021
  • Assessor Parcel Number: 0609-032-0621-2

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Oct 13, 2022
Sold by
Mueller-Owens Robert J and Mueller-Owens Miriam S
Bought by
Riza Haris
Seller's Agent
Areal Guenther
Realty Executives Cooper Spransy
Buyer's Agent
Peggy Acker-Farber
RE/MAX Preferred
List Price
$400,000
Sold Price
$410,000
Premium/Discount to List
$10,000
2.5%
Total Days on Market
3
Current Estimated Value
$483,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,071
Avg. Annual Appreciation
6.41%
Original Mortgage
$386,650
Outstanding Balance
$373,450
Interest Rate
5.66%
Mortgage Type
FHA
Estimated Equity
$109,621

Purchase Details

Listed on
Sep 6, 2019
Closed on
Dec 12, 2019
Sold by
Barton Bryndee and Barton Kyle
Bought by
Mueller and Owens Robert J
Seller's Agent
Aaron Weber
Compass Real Estate Wisconsin
Buyer's Agent
Areal Guenther
Realty Executives Cooper Spransy
List Price
$305,000
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$244,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2013
Closed on
Jun 27, 2013
Sold by
Getz William J and Getz Brenda L
Bought by
Barton Bryndee and Barton Kyle
Seller's Agent
Keith Schulz
Great Rock Realty LLC
Buyer's Agent
Tien Truong
American, REALTORS
List Price
$177,900
Sold Price
$168,000
Premium/Discount to List
-$9,900
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$164,957
Interest Rate
3.25%
Mortgage Type
FHA
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
Riza Haris $410,000 Founders Title Llc
Mueller $305,000 None Available
Barton Bryndee $168,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riza Haris $386,650
Previous Owner Mueller-Owens Robert J $259,000
Previous Owner Mueller $244,000
Previous Owner Barton Kyle $60,000
Previous Owner Barton Bryndee $164,957
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $410,000 +2.5% $166 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $400,000 +31.1% $162 / Sq Ft
12/13/2019 12/13/19 Sold $305,000 0.0% $124 / Sq Ft
09/06/2019 09/06/19 For Sale $305,000 +81.5% $124 / Sq Ft
06/27/2013 06/27/13 Sold $168,000 -5.6% $68 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $177,900 -- $72 / 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 $15,366 $438,700 $110,600 $328,100
2023 $7,406 $410,000 $103,400 $306,600
2021 $7,382 $329,400 $84,700 $244,700
2020 $7,147 $305,000 $84,700 $220,300
2019 $6,011 $270,000 $81,400 $188,600
2018 $5,332 $238,900 $72,000 $166,900
2017 $4,988 $217,200 $72,000 $145,200
2016 $4,698 $199,300 $66,100 $133,200
2015 $4,561 $183,000 $82,800 $100,200
2014 $4,356 $183,000 $82,800 $100,200
2013 $7,623 $195,100 $82,800 $112,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1941604

South Central Wisconsin Multiple Listing Service

APN: 0609-032-0621-2