$305,000
SOLD DEC 13, 2019

2929 Traceway Dr Madison, WI 53713

Arbor Hills Neighborhood
6 Beds
4 Baths
2,464 Sq Ft
0.25 Acres

Recently Sold

$124 Per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • Dining Room
  • Washer and Dryer
  • West High School Rated A
  • Family Room
  • 3-minute walk to Aldo Leopold Park

About This Home

As of October 2022

NEW ROOF COMING SOON. Looking for the perfect investment property? Take a look at this solid Duplex. Both units are 3 bedroom, 1.5 bathroom with over 1200 sq ft each. Huge back yard, spacious kitchen, unfinished basement...All new windows in 2013. What is not to love. Currently rental rates are above $1400 a month per side. One side is currently vacant for owner occupant buyers and the other lease ends in Sept. Stop paying rent and start making money. Don't wait on this.

Last Agent to Sell the Property

Aaron Weber

Compass Real Estate Wisconsin License #56448-90 Listed on: 09/06/2019

Compass Real Estate Wisconsin

Last Buyer's Agent

Areal Guenther

Realty Executives Cooper Spransy License #81696-94

Realty Executives Cooper Spransy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,331

Year Built

  • Built in 1983

Lot Details

  • 0.25 Acre Lot

Home Design

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

Interior Spaces

  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 2 Covered Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

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

$5,331

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
  • Noi Year: 2018
  • 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: 2

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel, 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, 1 space, Outside
  • Utilities: Separate elec meters, Separate gas 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
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 81400
  • Improvements: 188600
  • Total Assessment: 270000
  • Assessment year: 2019
  • Net Taxes: 5331
  • Tax Year: 2018
  • 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%
Current Estimated Value
$511,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,043
Avg. Annual Appreciation
7.86%
Original Mortgage
$386,650
Outstanding Balance
$372,025
Interest Rate
5.66%
Mortgage Type
FHA
Estimated Equity
$139,018

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
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 Type Sale Price Title Company
Warranty Deed $410,000 Founders Title Llc
Warranty Deed $305,000 None Available
Warranty Deed $168,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,650 FHA
Previous Owner $259,000 New Conventional
Previous Owner $244,000 New Conventional
Previous Owner $60,000 Seller Take Back
Previous Owner $164,957 FHA
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

  • Areal Guenther

    Seller's Agent in 2022

    Areal Guenther

    Realty Executives

    (608) 358-9201

    1 in this area

    103 Total Sales

    Areal Guenther
    Section Image
  • Peggy Acker-Farber

    Buyer's Agent in 2022

    Peggy Acker-Farber

    RE/MAX

    (608) 276-8110

    2 in this area

    639 Total Sales

    Peggy Acker-Farber
    Section Image
  • Aaron Weber

    Seller's Agent in 2019

    Aaron Weber

    Compass Real Estate Wisconsin

    (608) 556-4179

    1 in this area

    439 Total Sales

    Aaron Weber
    Section Image
  • Keith Schulz

    Seller's Agent in 2013

    Keith Schulz

    Great Rock Realty LLC

    (608) 212-7607

    1 in this area

    217 Total Sales

    Keith Schulz
    Section Image

  • T

    Buyer's Agent in 2013

    Tien Truong

    American, REALTORS

    (608) 213-0906

    13 Total Sales

    Tien Truong
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1867818

South Central Wisconsin Multiple Listing Service

APN: 0609-032-0621-2

Wisconsin Dane County Madison 53713 Arbor Hills

2929 Traceway Dr, Madison, WI

This home is located at 2929 Traceway Dr, Madison, WI 53713 and is currently priced at $305,000, approximately $123 per square foot. This property was built in 1983. 2929 Traceway 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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