NOT LISTED FOR SALE

3027 Union St Madison, WI 53714

Worthington Park Neighborhood

Estimated Value: $486,000 - $639,000

9 Beds
6 Baths
3,450 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $407,500 $118 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,422/month

5 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Central Air
  • Balcony
  • Property is near bus stop
  • Level Lot

About This Home

As of September 2019

Don't miss out on this great investment opportunity. Very good cash flow, and many updates. Roof and siding replaced in 2017, 2 new zone heating boilers, new water heater, new appliances in 2 units, new flooring in 2 units, new carpeting in the other. Each unit has a new patio, and many other items have been replaced in the last 3 years.

Last Agent to Sell the Property

Wendy Dalgety

Century 21 Affiliated License #58352-90 Listed on: 08/01/2019

Century 21 Affiliated

Last Buyer's Agent

Brandon Buell

Realty Executives Cooper Spransy License #53583-90

Realty Executives Cooper Spransy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1967

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 3 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Schools

  • Lowell Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Well

Additional Features

  • Balcony
  • Property is near bus stop

Community Details

  • 3 Units
  • Clyde Gallagher Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-052-1601-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Year Built

Built in 1967

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Barrier Free: Level drive, Level lot
  • Items Excluded: Seller and tenant's personal items
  • Items Included: 3 refrigerators, 3 range/ovens, 1 microwave
  • Miscellaneous: Close to bus line
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Units W Ac: 3

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 3

Utilities

  • Water Waste: Municipal water, Well
  • Park Unit: 1 space, Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Lowell
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.15
  • Zoning: TR-C4

Rental Info

  • Total Income: 46800

Tax Info

  • Net Taxes: 7000
  • Tax Year: 2018
  • Assessor Parcel Number: 0710-052-1601-7

Multi Family

  • Number Of3 Bedrooms: 3
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Sep 12, 2019
Sold by
Stlegert Kyle W
Bought by
Hoege Jeffrey
Seller's Agent
Wendy Dalgety
Century 21 Affiliated
Buyer's Agent
Brandon Buell
Realty Executives Cooper Spransy
List Price
$390,000
Sold Price
$407,500
Premium/Discount to List
$17,500
4.49%
Current Estimated Value
$556,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,773
Avg. Annual Appreciation
4.96%
Original Mortgage
$305,600
Outstanding Balance
$268,229
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$288,044

Purchase Details

Closed on
Apr 8, 2010
Sold by
M & K Properties Llc
Bought by
Stiegert Kyle W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
3.71%
Mortgage Type
Commercial
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
Hoege Jeffrey $407,500 None Available
Stiegert Kyle W $285,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoege Jeffrey $305,600
Previous Owner Stiegert Kyle W $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2019 09/12/19 Sold $407,500 +4.5% $118 / Sq Ft
08/01/2019 08/01/19 For Sale $390,000 +36.8% $113 / Sq Ft
04/08/2016 04/08/16 Sold $285,000 -1.4% $83 / Sq Ft View Prior Sale
02/20/2016 02/20/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $289,000 -- $84 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $10,772 $485,200 $82,000 $403,200
2022 $20,208 $462,100 $78,100 $384,000
2021 $11,057 $440,100 $78,100 $362,000
2020 $9,273 $407,500 $75,100 $332,400
2019 $7,347 $329,200 $70,200 $259,000
2018 $7,000 $313,500 $70,200 $243,300
2017 $7,161 $285,000 $63,800 $221,200
2016 $6,752 $285,000 $59,600 $225,400
2015 $8,094 $306,800 $53,500 $253,300
2014 $7,355 $306,800 $53,500 $253,300
2013 $8,143 $297,900 $51,400 $246,500
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2019

    Wendy Dalgety

    Century 21 Affiliated

    (608) 280-1358

    19 Total Sales

    Wendy Dalgety
    Section Image
  • Brandon Buell

    Buyer's Agent in 2019

    Brandon Buell

    Realty Executives

    (608) 215-4143

    1 in this area

    410 Total Sales

    Brandon Buell
    Section Image

  • B

    Seller's Agent in 2016

    Bill Wermuth

    Restaino & Associates

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1864739

South Central Wisconsin Multiple Listing Service

APN: 0710-052-1601-7

Wisconsin Dane County Madison 53714 Worthington Park

3027 Union St, Madison, WI

Not Listed for Sale

MultiFamily

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