NOT LISTED FOR SALE

Estimated Value: $1,094,000

7 Beds
10 Baths
6,590 Sq Ft
$166/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $1,651,000 $251 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $6,849/month

26 Days on Market

Highlights

  • 0.94 Acre Lot
  • Den
  • Attached Garage
  • Stoner Prairie Elementary School Rated A-
  • Fireplace
  • Property is near bus stop

About This Home

As of May 2017

Just Listed 12 Unit Manchester Place Townhouses - Two 6 Unit Apartment Bldgs on .46 & .48 Lots * Rare Find: Madison Townhomes in high demand Verona School District = top rent & full occupancy *2017 Rent $14,580 x 12=$174,960 = 9.2 GRM * Spacious Townhomes range from 1440 to 1750 finished sq ft * 2 Car Garage * 6 Fireplaces * 2015: New Roofs & Skylights * See attached Income/Expense Docs.

Last Agent to Sell the Property

Pat Bushek

Restaino & Associates License #43157-94 Listed on: 03/01/2017

Restaino & Associates

Last Buyer's Agent

Paul Haviland

Stark Company, REALTORS License #57800-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,572

Year Built

  • Built in 1996

Lot Details

  • 0.94

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Family Room
  • Den
  • Partially Finished Basement
  • Partial Basement
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Attached Garage
  • Garage Door Opener

Schools

  • Call School District Elementary And Middle School
  • Verona High School

Utilities

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

Additional Features

  • 0.94 Acre Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0608-014-1002-2

Community Details

Overview

  • 12 Units
  • Prairie Hills Add'n To Meadowood Subdivision

Building Details

  • Net Operating Income $97,638

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,572

Year Built

Built in 1996

Lot Details

0.94 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Tenants Personal Property
  • Items Included: 12 Stoves, 12 Refrigerators, 12 Dishwashers, 12 Water Softners, 7 Washers, 7 Dryers
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Partially finished, Poured concrete foundatn
  • Number Dish Washers: 12
  • Number Dryers: 7
  • Number Units W Ac: 12
  • Number Washers: 7
  • Number Water Softeners: 12

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 67937

Schools

  • Elementary School: Call School District
  • High School: Verona
  • Middle School: Call School District
  • School District: Verona

Lot Info

  • Estimated Aces: 0.94
  • Zoning: SR-V2

Rental Info

  • Total Income: 165575

Tax Info

  • Net Taxes: 24572
  • Tax Year: 2016
  • Assessor Parcel Number: 0608-014-1002-2

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of2 Bedrooms: 8
  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
May 15, 2017
Sold by
Midland Builders Inc
Bought by
Ld Worldwide Ii Llc
Seller's Agent
Pat Bushek
Restaino & Associates
Buyer's Agent
Paul Haviland
Stark Company, REALTORS
List Price
$1,627,000
Sold Price
$1,651,000
Premium/Discount to List
$24,000
1.48%
Current Estimated Value
$1,094,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$557,000
Original Mortgage
$1,320,800
Outstanding Balance
$1,081,865
Interest Rate
4.08%
Mortgage Type
Unknown
Source: Public Records
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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
Ld Worldwide Ii Llc $1,651,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ld Worldwide Ii Llc $1,320,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2017 05/15/17 Sold $1,651,000 +1.5% $251 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $1,627,000 -- $247 / 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 $45,406 $1,175,000 $113,000 $1,062,000
2023 $20,841 $1,070,000 $103,000 $967,000
2022 $34,882 $931,000 $94,000 $837,000
2021 $19,894 $887,000 $85,000 $802,000
2020 $20,391 $845,000 $84,300 $760,700
2019 $20,449 $845,000 $84,300 $760,700
2018 $20,398 $845,000 $84,300 $760,700
2017 $17,610 $720,000 $84,300 $635,700
2016 $13,034 $542,800 $81,300 $461,500
2015 $12,400 $516,800 $81,300 $435,500
2014 $12,495 $516,800 $81,300 $435,500
2013 $12,298 $516,800 $81,300 $435,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1796330

South Central Wisconsin Multiple Listing Service

APN: 0608-014-1002-2

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