NOT LISTED FOR SALE

302 Palomino Ln Unit 1 Madison, WI 53705

Sunset Village Neighborhood

Estimated Value: $654,000 - $904,000

4 Beds
4 Baths
3,920 Sq Ft
$191/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2012

Last sale price $294,000 $75 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $5,374 / mo

21 Days on Market

Highlights

  • Balcony
  • Detached Garage
  • Central Air
  • Hamilton Middle School Rated A
  • Property is near bus stop
  • Water Softener is Owned

About This Home

As of January 2012

Truly a diamond in the rough! This has so much potential! Great location, large units, 4 garages + more sq/ft to finish off on the 3rd level & lots of sq/ft to finish off in the lower level. 1/2 bath in lower level of basement. Huge attic could be finished off for even more sq/ft.

Last Agent to Sell the Property

Conrad Blau

South Central Non-Member License #38005-90 Listed on: 12/19/2011

Last Buyer's Agent

Steve Schwartz

Restaino & Associates License #46967-90

Restaino & Associates

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,125

Year Built

  • Built in 1954

Lot Details

  • 8,581

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Dining Room
  • Oven or Range

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Detached Garage
  • Garage Door Opener

Schools

  • Call School District Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Balcony
  • Property is near bus stop

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-201-1509-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,125

Year Built

Built in 1954

Lot Details

8,581 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard
  • Number Dryers: 1
  • Number Units W Ac: 4
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood, Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Detached, Opener inc
  • Utilities: Separate elec meters

Schools

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

Lot Info

  • Zoning: Multi
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 7125
  • Tax Year: 2011
  • Assessor Parcel Number: 0709-201-1509-9

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of Units: 4

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
Dec 19, 2011
Closed on
Jan 31, 2012
Sold by
Pandow Michael A and Pandow Lisa Lokken
Bought by
Seller's Agent
Conrad Blau
South Central Non-Member
Buyer's Agent
Steve Schwartz
Restaino & Associates
List Price
$318,000
Sold Price
$294,000
Premium/Discount to List
-$24,000
-7.55%
Current Estimated Value
$785,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,717
Avg. Annual Appreciation
6.62%
Original Mortgage
$205,800
Outstanding Balance
$135,864
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$614,350
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Sunset Village, WI

  • Frank Pohlkamp Real Estate Agent - Assist 2 Sell Homes 4 You Realty

    Frank Pohlkamp

    Assist 2 Sell Homes 4 You Realty

    (608) 292-4041

    74 Total Sales

    1 in Sunset Village

    $431,900 Price

    Frank Pohlkamp
     Section Image
  • Jordan Bishop Real Estate Agent - Real Broker LLC

    Jordan Bishop

    Real Broker LLC

    (608) 292-3537

    237 Total Sales

    3 in Sunset Village

    $380K - $455K Price Range

    Jordan Bishop
     Section Image
  • Santiago Azcarate Henao Real Estate Agent - Weichert, Realtors- Lakepoint

    Santiago Azcarate Henao

    Weichert, Realtors- Lakepoint

    (608) 292-3029

    17 Total Sales

    1 in Sunset Village

    $415,000 Price

    Santiago Azcarate Henao
     Section Image
  • Thomsen Team Real Estate Agent - Modern Realty Partners LLC

    Thomsen Team

    Responds Quickly

    Modern Realty Partners LLC

    (262) 588-3642

    115 Total Sales

    1 in Sunset Village

    $331,000 Price

    Thomsen Team
     Section Image
  • Paula Dollard Real Estate Agent - Bunbury & Assoc, REALTORS

    Paula Dollard

    Bunbury & Assoc, REALTORS

    (608) 292-6255

    60 Total Sales

    1 in Sunset Village

    $430,000 Price

    Paula Dollard
     Section Image
  • Kelly Bennett Real Estate Agent - First Weber Inc

    Kelly Bennett

    First Weber Inc

    (608) 292-2685

    295 Total Sales

    1 in Sunset Village

    $313,000 Price

    Kelly Bennett
     Section Image
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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
$294,000 None Available
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 $205,800
Previous Owner Pandow Michael A $52,542
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
01/31/2012 01/31/12 Sold $294,000 -7.5% $75 / Sq Ft
01/09/2012 01/09/12 Pending -- -- --
12/19/2011 12/19/11 For Sale $318,000 -- $81 / 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 $12,466 $673,100 $91,000 $582,100
2023 $10,422 $575,000 $83,000 $492,000
2022 $21,707 $552,000 $75,000 $477,000
2021 $10,234 $480,000 $68,000 $412,000
2020 $9,717 $436,000 $68,000 $368,000
2019 $9,282 $415,000 $68,000 $347,000
2018 $8,930 $400,000 $67,100 $332,900
2017 $7,643 $331,000 $67,100 $263,900
2016 $7,543 $318,000 $61,100 $256,900
2015 $7,258 $303,000 $61,100 $241,900
2014 $7,263 $303,000 $61,100 $241,900
2013 $7,125 $294,000 $61,100 $232,900
Source: Public Records

Agents Affiliated with this Home

  • CB

    Seller's Agent in 2012

    Conrad Blau

    South Central Non-Member

    Section Image
  • Steve Schwartz Real Estate Agent - Restaino & Associates

    Buyer's Agent in 2012

    Steve Schwartz

    Restaino & Associates

    (608) 695-4068

    2 in this area

    65 Total Sales

    Steve Schwartz
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1642738

South Central Wisconsin Multiple Listing Service

APN: 0709-201-1509-9

Wisconsin Dane County Madison 53705 Sunset Village

302 Palomino Ln Unit 1, Madison, WI

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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