NOT LISTED FOR SALE

3105 Old Gate Rd Madison, WI 53704

Greater Sandburg Neighborhood

Estimated Value: $526,864 - $643,000

6 Beds
6 Baths
3,052 Sq Ft
$190/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $312,000 $102 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,388/month

7 Days on Market

Highlights

  • Fenced Yard
  • Attached Garage
  • En-Suite Primary Bedroom
  • Balcony
  • Eat-In Kitchen
  • Property is near bus stop

About This Home

As of February 2019

Attention seasoned or first time investors! Do not miss this 3BR/2.5BA (each side) duplex opportunity. Both sides have long term, solid tenants (8+ years on one side/3+ years on other side). Open floor plans with main floor laundry, private master suites with double closets & full baths, full unfinished basements, private fenced (new in 2018) yards with patio. Tenants pay all utilities & are responsible for lawn care & snow removal. Immediate area is primarily single-family homes & condos & has easy access to schools & shopping. Many updates have been completed. Hurry!

Last Agent to Sell the Property

Pam Widen

Coldwell Banker Real Estate Group License #53740-94 Listed on: 01/09/2019

Coldwell Banker Real Estate Group

Last Buyer's Agent

Sue Gilbertson

Restaino & Associates License #11248-94

Restaino & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,075

Year Built

  • Built in 1991

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced Yard

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2-Story Property
  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Attached Garage
  • Garage Door Opener

Schools

  • Sandburg Elementary School
  • Sherman Middle School
  • East High School

Utilities

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

Additional Features

  • Balcony
  • Property is near bus stop

Community Details

  • 2 Units
  • Sun Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0810-213-0226-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,075

Year Built

Built in 1991

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 2 story
  • Items Excluded: tenant's personal possessions
  • Items Included: ranges (2), refrigerators (2), dishwashers (2), washers (2), dryers (2), water softeners (2)
  • Miscellaneous: Close to bus line, Water Softener Owned, Fenced yard
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 1

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Attached, 1 space, Opener inc
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

  • Elementary School: Sandburg
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.21
  • Zoning: SR-V1

Rental Info

  • Total Income: 29700

Tax Info

  • Net Taxes: 6075
  • Tax Year: 2018
  • Assessor Parcel Number: 0810-213-0226-1

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Jan 25, 2019
Sold by
Eric C Neuhauser Living Trust
Bought by
Reiner Earl H and Reiner Mary L
Seller's Agent
Pam Widen
Coldwell Banker Real Estate Group
Buyer's Agent
Sue Gilbertson
Restaino & Associates
List Price
$300,000
Sold Price
$312,000
Premium/Discount to List
$12,000
4%
Current Estimated Value
$581,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,216
Avg. Annual Appreciation
9.24%
Original Mortgage
$156,000
Outstanding Balance
$136,872
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$444,344

Purchase Details

Closed on
Oct 24, 2018
Sold by
Neuhauser Eric C and Neuhauser Kim R
Bought by
Neuhauser Eric C and Neuhauser Kim R
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
Reiner Earl H $312,000 None Available
Neuhauser Eric C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiner Earl H $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $312,000 +4.0% $102 / Sq Ft
01/09/2019 01/09/19 For Sale $300,000 -- $98 / 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
2024 $16,835 $480,200 $93,500 $386,700
2023 $8,192 $453,000 $88,200 $364,800
2022 $14,791 $377,500 $88,200 $289,300
2021 $7,293 $343,200 $80,900 $262,300
2020 $6,931 $312,000 $72,900 $239,100
2019 $6,467 $290,200 $68,800 $221,400
2018 $6,458 $290,200 $68,800 $221,400
2017 $6,075 $263,800 $62,500 $201,300
2016 $5,721 $242,000 $62,500 $179,500
2015 $5,781 $242,000 $62,500 $179,500
2014 $5,785 $242,000 $62,500 $179,500
2013 $6,482 $242,000 $62,500 $179,500
Source: Public Records

Agents Affiliated with this Home

  • Pam Widen

    Seller's Agent in 2019

    Pam Widen

    Coldwell Banker Real Estate Group

    (608) 832-6276

    74 Total Sales

    Pam Widen
    Section Image
  • Sue Gilbertson

    Buyer's Agent in 2019

    Sue Gilbertson

    Restaino & Associates

    (608) 576-4488

    1 in this area

    28 Total Sales

    Sue Gilbertson
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1847864

South Central Wisconsin Multiple Listing Service

APN: 0810-213-0226-1

Wisconsin Dane County Madison 53704 Greater Sandburg

3105 Old Gate Rd, Madison, WI

Not Listed for Sale

MultiFamily

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