NOT LISTED FOR SALE

Estimated Value: $639,000 - $979,000

9 Beds
4 Baths
3,250 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 15, 2013

Last sale price $415,000 $128 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,137/month

17 Days on Market

Highlights

  • Open Floorplan
  • Eat-In Kitchen
  • Water Softener is Owned
  • Hamilton Middle School Rated A
  • Property is near bus stop
  • 5-minute walk to Quarry Park

About This Home

As of October 2013

Chance to own a solid brick 4 unit in an excellent location. Hardwood floors throughout. Updated windows. Easy to rent. All leased out through July 2013. Close to campus, shopping, parks, and dowtown. Quiet area. Extra income from coin-op laundry. Off street parking for each unit. Very well maintained 4 unit property.

Last Agent to Sell the Property

Justin Dobson

Dobson Property Management LLC License #59357-90 Listed on: 08/12/2013

Last Buyer's Agent

Jeff Schraml

Century 21 Affiliated License #49690-94

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,636

Year Built

  • Built in 1955

Lot Details

  • 8,581

Parking

  • Outside Parking

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Location

  • Property is near bus stop

Schools

  • Midvale/Lincoln Elementary School
  • Hamilton Middle School
  • West High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0709-201-1504-9

Community Details

Overview

  • 4 Units
  • First Addition To The Ray F Lease Plat Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,636

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: Open floor plan
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

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

Schools

  • Elementary School: Midvale/Lincoln
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Zoning: R4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 43920

Tax Info

  • Net Taxes: 7636
  • Tax Year: 2012
  • Assessor Parcel Number: 0709-201-1504-9

Multi Family

  • Number Of2 Bedrooms: 3
  • Number Of3 Bedrooms: 1
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2013
Closed on
Oct 15, 2013
Sold by
11848 Kiowa Avenue Llc
Bought by
Kalimotko Llc
Seller's Agent
Justin Dobson
Dobson Property Management LLC
Buyer's Agent
Jeff Schraml
Century 21 Affiliated
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Current Estimated Value
$820,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,940
Avg. Annual Appreciation
5.68%
Original Mortgage
$195,800
Outstanding Balance
$147,585
Interest Rate
4.58%
Mortgage Type
Commercial
Estimated Equity
$673,355

Purchase Details

Closed on
Aug 31, 2005
Sold by
Hogan Adam and Hogan Barabra S
Bought by
11848 Kiowa Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.75%
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
Kalimotko Llc $415,000 Dane County Title Company
11848 Kiowa Avenue Llc $484,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalimotko Llc $195,800
Previous Owner 11848 Kiowa Avenue Llc $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2013 10/15/13 Sold $415,000 -2.4% $128 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $425,000 -- $131 / 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 $22,493 $640,000 $95,000 $545,000
2023 $10,513 $580,000 $86,000 $494,000
2022 $21,707 $552,000 $78,000 $474,000
2021 $10,234 $480,000 $71,000 $409,000
2020 $9,717 $436,000 $71,000 $365,000
2019 $9,282 $415,000 $71,000 $344,000
2018 $8,930 $400,000 $70,200 $329,800
2017 $10,116 $437,000 $70,200 $366,800
2016 $9,988 $420,000 $64,200 $355,800
2015 $9,607 $415,000 $64,200 $350,800
2014 $9,976 $415,000 $64,200 $350,800
2013 $7,636 $334,800 $64,200 $270,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1694227

South Central Wisconsin Multiple Listing Service

APN: 0709-201-1504-9