NOT LISTED FOR SALE
6 Beds
4 Baths
3,728 Sq Ft
0.29 Acres

Last Sold February 17, 2017

Last sale price $250,000 $67 Per Sq Ft

68 Days on Market

Highlights

  • Property is near a bus stop
  • Water Softener is Owned
  • Wood Siding
  • West High School Rated A
  • Forced Air Heating System

About This Home

As of February 2017

Great rental property located near central Madison. The owner has kept the property in good condition. Owner/seller has provided a cash flow analysis sheet (attached in documents). *Disclaimer: The cash flow analysis and information provided by the owner/seller thereon are for informational purposes only. Please verify all calculations and consult a qualified financial professional before making any decisions using the analysis.

Last Agent to Sell the Property

Nicolas Retana

Nicolas Retana - Broker License #58095-90 Listed on: 11/22/2016

Last Buyer's Agent

Jack Cheng

Real Broker LLC License #58233-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,553

Year Built

  • Built in 1969

Lot Details

  • 0.29

Home Design

  • Duplex
  • Wood Siding

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Sump Pump
  • 0.29 Acre Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0609-032-0105-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,553

Year Built

Built in 1969

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
  • Items Included: 2 refrigerators, 2 stoves, 2 dishwashers, 2 dryers
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Noi Year: 25200
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially finished, Sump pump
  • 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: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached
  • 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: 0.29
  • Zoning: sr-c3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 2100

Tax Info

  • Land Assessment: 82000
  • Improvements: 103000
  • Total Assessment: 185000
  • Assessment year: 2014
  • Net Taxes: 4553
  • Tax Year: 2014
  • Assessor Parcel Number: 0609-032-0105-6

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2016
Closed on
Feb 17, 2017
Sold by
Young William H
Bought by
Wang Dengshun
Seller's Agent
Nicolas Retana
Nicolas Retana - Broker
Buyer's Agent
Jack Cheng
Real Broker LLC
List Price
$289,000
Sold Price
$250,000
Premium/Discount to List
-$39,000
-13.49%
Total Days on Market
68

Purchase Details

Closed on
Jul 16, 2015
Sold by
Demarte Anthony Joseph
Bought by
Young William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
4.03%
Mortgage Type
New Conventional
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
Wang Dengshun -- None Available
Young William H $215,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young William H $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $250,000 -13.5% $67 / Sq Ft
01/29/2017 01/29/17 Pending -- -- --
11/22/2016 11/22/16 For Sale $289,000 -- $78 / 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 $15,024 $410,700 $115,800 $294,900
2023 $7,258 $383,800 $108,200 $275,600
2021 $6,736 $317,300 $88,600 $228,700
2020 $6,522 $293,800 $88,600 $205,200
2019 $6,293 $282,500 $85,200 $197,300
2018 $5,552 $250,000 $75,400 $174,600
2017 $5,464 $234,400 $75,400 $159,000
2016 $5,114 $215,000 $69,200 $145,800
2015 $4,401 $185,000 $82,000 $103,000
2014 $4,404 $185,000 $82,000 $103,000
2013 $4,732 $181,400 $82,000 $99,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1790896

South Central Wisconsin Multiple Listing Service

APN: 0609-032-0105-6