NOT LISTED FOR SALE

300 Coyier Ln Madison, WI 53713

Estimated Value: $503,000 - $805,000

3 Beds
3 Baths
1,650 Sq Ft
$396/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $959,900 $582 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $4,040/month

167 Days on Market

About This Home

As of October 2019

Showings to begin Monday, 3/18/19. Great Income property with many long term tenants. This property includes 2 different parcels. 14 unit building was a former hotel that has different size efficiency apartments. 3 unit building features 1 bedroom units. Property has many recent updates including newer boiler, water softener & fresh sealed parking area. Lots of potential & priced to sell. Seller will not sell separate.

Last Agent to Sell the Property

Josh Lamp

Berkshire Hathaway HomeServices True Realty License #60880-94 Listed on: 03/11/2019

Berkshire Hathaway HomeServices True Realty

Co-Listed By

Tim Wagner

Berkshire Hathaway HomeServices True Realty License #77382-94

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,512

Lot Details

  • 0.35

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Stone Exterior Construction

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 25 Open Parking Spaces
  • Outside Parking

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Additional Features

  • 0.35 Acre Lot
  • Central Air

Community Details

  • 17 Units
  • Net Operating Income $96,755

Listing and Financial Details

  • Assessor Parcel Number 0709-361-9100-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,512

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story, 1 1/2 story
  • Items Excluded: Washers & Dryers are rented
  • Items Included: All appliances including refrigerators, stoves & wall air conditioners
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Units W Ac: 20
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Parking Stalls Outside: 25

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside

Fee Information

  • Total Expenses: 41785

Schools

  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Madison

Lot Info

  • Estimated Aces: 0.35
  • Zoning: R-4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 113760

Tax Info

  • Net Taxes: 13512
  • Tax Year: 2018
  • Assessor Parcel Number: 0709-361-9100-1

Multi Family

  • Number Of1 Bedrooms: 3
  • Number Of Efficiencies: 14
  • Number Of Units: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Barton-Williams Llc
Bought by
3G Holdings Llc
Current Estimated Value
$654,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,815,000
Outstanding Balance
$2,506,190
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
-$1,852,190

Purchase Details

Listed on
Mar 11, 2019
Closed on
Oct 17, 2019
Sold by
Dtw Investments Llc
Bought by
Barton-Williams Llc
Seller's Agent
Josh Lamp
Berkshire Hathaway HomeServices True Realty
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$989,900
Sold Price
$959,900
Premium/Discount to List
-$30,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.95%
Original Mortgage
$767,920
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2009
Sold by
Collins Richard L and Collins Sandra L
Bought by
Dtw 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
$472,000
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
3G Holdings Llc $2,466,900 None Available
Barton-Williams Llc $959,900 None Available
Dtw Investments Llc $446,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3G Holdings Llc $2,815,000
Previous Owner Barton-Williams Llc $767,920
Previous Owner Dtw Investments Llc $472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $959,900 0.0% $582 / Sq Ft
04/10/2019 04/10/19 Price Changed $959,900 -3.0% $582 / Sq Ft
03/11/2019 03/11/19 For Sale $989,900 -- $600 / 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
2023 $13,637 $271,900 $63,800 $208,100
2021 $7,161 $167,400 $49,100 $118,300
2020 $4,156 $167,400 $49,100 $118,300
2019 $2,256 $98,800 $49,100 $49,700
2018 $2,232 $98,800 $49,100 $49,700
2017 $2,229 $98,800 $49,100 $49,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1851681

South Central Wisconsin Multiple Listing Service

APN: 0709-361-9110-1