NOT LISTED FOR SALE

2949 Traceway Dr Madison, WI 53713

Arbor Hills Neighborhood

Estimated Value: $490,000 - $548,768

5 Beds
4 Baths
2,528 Sq Ft
$201/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2023

Last sale price $429,000 $170 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,477 / mo

5 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Eat-In Kitchen
  • West High School Rated A
  • Attached Garage
  • 4-minute walk to Aldo Leopold Park

About This Home

As of June 2023

Investment Propertunity or owner occupy this duplex. This 3bedroom/2bedroom combo boasts large kitchens and space for family or guests. Some updates and well maintained. Established tenants would like to stay. Large backyard for entertaining and chill nights out during the summer months. Each unit has a 1 car attached garage and basement for storage or office. Units are 2949 and 2951 Traceway Drive, Madison.

Last Agent to Sell the Property

Jason McGill

KJK & Associates, LLC License #56996-90 Listed on: 04/27/2023

Last Buyer's Agent

Lori Schilling

Sprinkman Real Estate License #81122-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,808

Year Built

  • Built in 1980

Lot Details

  • 11,326 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • Family Room
  • Den
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Attached Garage
  • 4 Open Parking Spaces
  • Driveway Level

Location

  • Property is near bus stop

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
  • High Speed Internet
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 060903206262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,808

Year Built

Built in 1980

Lot Details

0.26 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side
  • Barrier Free: Level drive, Level lot
  • Items Excluded: Sellers / Tenants personal property
  • Items Included: 2 Refrigerators, 2 Ovens, 2 washers, 2 Dryers
  • Miscellaneous: Close to bus line, Internet - Cable, Internet - DSL, Internet -Fiber Available
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished, Poured concrete foundatn
  • Number Dryers: 1
  • Number Units W Ac: 2
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, 2 spaces
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

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

Lot Info

  • Estimated Aces: 0.26
  • Zoning: Res

Rental Info

  • Total Income: 26400

Tax Info

  • Net Taxes: 6808
  • Tax Year: 2022
  • Assessor Parcel Number: 060903206262

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 16, 2023
Sold by
Bought by
Seller's Agent
Jason McGill
KJK & Associates, LLC
Buyer's Agent
Lori Schilling
Sprinkman Real Estate
List Price
$429,000
Sold Price
$429,000
Views
67
Current Estimated Value
$509,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,192
Avg. Annual Appreciation
5.68%
Original Mortgage
$421,229
Interest Rate
0.066%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$429,000 None Listed On Document
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 $421,229
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
06/20/2023 06/20/23 Sold $429,000 0.0% $170 / Sq Ft
04/27/2023 04/27/23 For Sale $429,000 -- $170 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax 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.

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 $8,439 $471,900 $110,900 $361,000
2024 $14,484 $429,000 $110,900 $318,100
2023 $6,827 $369,700 $103,600 $266,100
2022 $13,615 $342,300 $92,500 $249,800
2021 $6,506 $305,600 $84,900 $220,700
2020 $6,301 $283,000 $84,900 $198,100
2019 $6,852 $272,100 $81,600 $190,500
2018 $5,368 $240,800 $72,200 $168,600
2017 $5,111 $218,900 $72,200 $146,700
2016 $5,414 $200,800 $66,200 $134,600
2015 $4,597 $193,100 $82,800 $110,300
2014 $4,600 $193,100 $82,800 $110,300
2013 $4,846 $189,300 $82,800 $106,500
Source: Public Records

Agents Affiliated with this Home

  • Jason McGill

    Seller's Agent in 2023

    Jason McGill

    KJK & Associates, LLC

    (608) 438-7587

    1 in this area

    54 Total Sales

    Jason McGill
    Section Image
  • Lori Schilling

    Buyer's Agent in 2023

    Lori Schilling

    Sprinkman Real Estate

    (608) 279-4313

    6 in this area

    300 Total Sales

    Lori Schilling
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1954447

South Central Wisconsin Multiple Listing Service

APN: 0609-032-0626-2

Wisconsin Dane County Madison 53713 Arbor Hills

2949 Traceway Dr, Madison, WI

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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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