NOT LISTED FOR SALE

Estimated Value: $507,000 - $570,000

5 Beds
5 Baths
2,615 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $420,000 $161 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,120/month

5 Days on Market

Highlights

  • Attached Garage
  • Eat-In Kitchen
  • Water Softener is Owned
  • West High School Rated A
  • Forced Air Heating and Cooling System
  • Dining Room

About This Home

As of May 2022

Showings to start on 4/15/2022. Fantastic opportunity for investor or owner occupant to own a well-maintained duplex in the desirable Arbor Hills neighborhood. Vacant side is 3 bedroom/3 bathroom and tenant occupied side is 2 bedroom/1.5 bathroom. Both sides have attached 1-car garages with large backyard that backs up to a City of Madison greenway. Tenant side is currently well below market rent due to having a reliable long term tenant of over 16 years. In 2021 entire exterior was painted and commercial-grade gutters and downspouts with gutter guards were installed. Both units have their own separate gas, electric, and water meters and have their own private basement w/separate laundry.

Last Agent to Sell the Property

Joffre Pedretti

Keller Williams Realty Listed on: 03/01/2022

Keller Williams Realty

Last Buyer's Agent

Luke Bruckner

Collective Real Estate Group License #63334-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,761

Year Built

  • Built in 1967

Lot Details

  • 0.27 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • Family Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Attached Garage
  • Garage Door Opener

Schools

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

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0609-032-0108-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,761

Year Built

Built in 1967

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 Excluded: Seller and tenant's personal property
  • Items Included: Range x 2, Refrigerator x 2, Dishwasher x 2, Disposal x 2, Washer/Dryer x 2, Water Softener x2, Garage remotes, All window blinds on 3019 side, Garage Refrigerator on 3019 side.
  • Miscellaneous: Water Softener Owned
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Units W Ac: 1
  • Number Washers: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Wood, Brick, Stone

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, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Estimated Aces: 0.27
  • Zoning: Res

Tax Info

  • Net Taxes: 6761
  • Tax Year: 2021
  • Assessor Parcel Number: 0609-032-0108-0

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
May 18, 2022
Sold by
Duffy Michael J
Bought by
Dipiazza Adam
Seller's Agent
Joffre Pedretti
Keller Williams Realty
Buyer's Agent
Luke Bruckner
Collective Real Estate Group
List Price
$385,000
Sold Price
$420,000
Premium/Discount to List
$35,000
9.09%
Current Estimated Value
$535,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,867
Avg. Annual Appreciation
6.96%
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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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
Dipiazza Adam $420,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $420,000 +9.1% $161 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $385,000 -8.3% $147 / Sq Ft
03/01/2022 03/01/22 Off Market $420,000 -- --
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 $15,744 $449,400 $113,800 $335,600
2023 $7,589 $420,000 $106,400 $313,600
2021 $6,762 $318,500 $87,200 $231,300
2020 $6,547 $294,900 $87,200 $207,700
2019 $6,318 $283,600 $83,800 $199,800
2018 $5,986 $251,000 $74,200 $176,800
2017 $5,625 $244,500 $74,200 $170,300
2016 $5,297 $224,300 $68,100 $156,200
2015 $5,145 $215,700 $81,300 $134,400
2014 $5,148 $215,700 $81,300 $134,400
2013 $5,338 $211,500 $81,300 $130,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1928547

South Central Wisconsin Multiple Listing Service

APN: 0609-032-0108-0