NOT LISTED FOR SALE

3071 Cimarron Trail Madison, WI 53719

Westhaven Trails Neighborhood

Estimated Value: $538,817 - $625,000

6 Beds
4 Baths
2,788 Sq Ft
$210/Sq Ft Est. Value

Last Sold September 05, 2018

Last sale price $315,000 $113 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,415/month

6 Days on Market

Highlights

  • Attached Garage
  • Eat-In Kitchen
  • Property is near bus stop
  • Vel Phillips Memorial High School Rated A
  • 1-Story Property
  • 2-minute walk to Westhaven Trails Park

About This Home

As of September 2018

Rare opportunity to own a rental property that will pay for itself! This ranch-style duplex easily cash flows with 20% down... or, live in one side and have your tenants pay more than half your costs! Current leases through 4/30/19. Both units are basically identical except unit 3073 has a lovely exposed lower level with good sized windows in the bedroom and family room. The floor plan presents 2 bedrooms and 1 bath on the main level (along with living rm and kitchen), and 1 bedroom, a full bath and family room in the lower level. Unfinished basements are spacious.

Last Agent to Sell the Property

Lynn Holley

Keller Williams Realty License #43971-94 Listed on: 06/29/2018

Keller Williams Realty

Last Buyer's Agent

Trent Estabrook

Pinnacle Real Estate Group LLC License #58196-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,438

Year Built

  • Built in 1985

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Windows

Parking

  • Attached Garage
  • Garage Door Opener

Location

  • Property is near bus stop

Schools

  • Huegel Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Softener is Owned

Community Details

  • 2 Units
  • Westhaven Trails Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0608-024-0931-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,438

Year Built

Built in 1985

Lot Details

0.25 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story
  • Barrier Free: Level lot
  • Items Excluded: 3073- No Washer and Dryer 3071-No Sump Pump
  • Items Included: 3071-Has Washer and Dryer 3073-Sump Pump
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Finished, Partially finished, Poured concrete foundatn, Sump pump
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl, Brick

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, Separate water meters

Schools

  • Elementary School: Huegel
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Estimated Aces: 0.25
  • Zoning: SR-C3

Rental Info

  • Total Income: 30600

Tax Info

  • Net Taxes: 5438
  • Tax Year: 2017
  • Assessor Parcel Number: 0608-024-0931-3

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 5, 2018
Sold by
Phillips Stacey D
Bought by
Gregorich Thomas and Gregorich Sara
Seller's Agent
Lynn Holley
Keller Williams Realty
Buyer's Agent
Trent Estabrook
Pinnacle Real Estate Group LLC
List Price
$299,900
Sold Price
$315,000
Premium/Discount to List
$15,100
5.04%
Current Estimated Value
$585,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,454
Avg. Annual Appreciation
8.68%
Original Mortgage
$252,000
Outstanding Balance
$219,306
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$366,148
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gregorich Thomas $315,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregorich Thomas $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2018 09/05/18 Sold $315,000 +5.0% $113 / Sq Ft
07/17/2018 07/17/18 For Sale $299,900 -4.8% $108 / Sq Ft
06/29/2018 06/29/18 Off Market $315,000 -- --
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
2024 $16,825 $495,100 $112,300 $382,800
2023 $7,811 $450,100 $102,100 $348,000
2022 $16,007 $401,900 $91,200 $310,700
2021 $7,581 $365,400 $82,900 $282,500
2020 $6,805 $315,000 $71,500 $243,500
2019 $6,882 $315,000 $71,500 $243,500
2018 $5,463 $252,100 $71,500 $180,600
2017 $5,438 $242,400 $71,500 $170,900
2016 $5,053 $220,400 $65,000 $155,400
2015 $4,926 $211,900 $65,000 $146,900
2014 $4,925 $211,900 $65,000 $146,900
2013 $5,007 $210,700 $65,000 $145,700
Source: Public Records

Agents Affiliated with this Home

  • Lynn Holley

    Seller's Agent in 2018

    Lynn Holley

    Keller Williams Realty

    (608) 333-6779

    2 Total Sales

    Lynn Holley
    Section Image
  • Trent Estabrook

    Buyer's Agent in 2018

    Trent Estabrook

    Pinnacle Real Estate Group LLC

    (608) 213-4282

    114 Total Sales

    Trent Estabrook
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1835031

South Central Wisconsin Multiple Listing Service

APN: 0608-024-0931-3

Wisconsin Dane County Madison 53719 Westhaven Trails

3071 Cimarron Trail, Madison, WI

Not Listed for Sale

MultiFamily

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