NOT LISTED FOR SALE

318 N 6th St Unit 1 Madison, WI 53704

Emerson East Neighborhood

Estimated Value: $351,000 - $386,000

4 Beds
2 Baths
1,627 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $165,000 $101 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,851/month

Highlights

  • Eat-In Kitchen
  • Laundry Facilities
  • 4-minute walk to Demetral Park
  • Property is near a bus stop
  • Wood Siding

About This Home

As of June 2015

Two flat apartment house for sale on Madison's near east side.

Last Agent to Sell the Property

Michael Herl

Madison Commercial Real Estate LLC License #51200-90 Listed on: 05/22/2015

Last Buyer's Agent

Kelly Sweeney

Stark Company, REALTORS License #36986-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,892

Year Built

  • Built in 1918

Lot Details

  • 4,312

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • Driveway Level
  • Outside Parking

Location

  • Property is near a bus stop

Schools

  • Emerson Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Radiant Heating System
  • Separate Meters

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-062-1223-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,892

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Barrier Free: Level drive
  • Miscellaneous: Shared laundry, Close to bus line
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Exterior: Vinyl, Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

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

Schools

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

Lot Info

  • Zoning: TR-C4
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3892
  • Tax Year: 2014
  • Assessor Parcel Number: 0710-062-1223-8

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2015
Closed on
Jun 30, 2015
Sold by
Walkington Patricia A
Bought by
Rezin Matt C and Harvieux Rachel A
Seller's Agent
Michael Herl
Madison Commercial Real Estate LLC
Buyer's Agent
Kelly Sweeney
Stark Company, REALTORS
List Price
$159,300
Sold Price
$165,000
Premium/Discount to List
$5,700
3.58%
Current Estimated Value
$374,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,138
Avg. Annual Appreciation
8.24%
Original Mortgage
$156,750
Outstanding Balance
$120,666
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$253,472
Source: Public Records

Range of Values:

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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
Rezin Matt C $165,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rezin Matt C $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $165,000 +3.6% $101 / Sq Ft
05/30/2015 05/30/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $159,300 -- $98 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

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 $10,721 $322,700 $72,500 $250,200
2023 $5,097 $301,600 $67,800 $233,800
2021 $4,689 $236,200 $54,600 $181,600
2020 $4,641 $218,700 $50,600 $168,100
2019 $4,636 $218,700 $50,600 $168,100
2018 $4,211 $198,800 $50,600 $148,200
2017 $3,998 $180,700 $46,000 $134,700
2016 $3,931 $167,300 $46,000 $121,300
2015 $3,779 $154,700 $41,300 $113,400
2014 $3,670 $154,700 $41,300 $113,400
2013 $3,782 $150,200 $40,100 $110,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Herl

    Seller's Agent in 2015

    Michael Herl

    Madison Commercial Real Estate LLC

    (608) 212-4623

    19 Total Sales

    Michael Herl
    Section Image
  • Kelly Sweeney

    Buyer's Agent in 2015

    Kelly Sweeney

    Stark Company, REALTORS

    (608) 347-9304

    54 Total Sales

    Kelly Sweeney
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1747553

South Central Wisconsin Multiple Listing Service

APN: 0710-062-1223-8

Wisconsin Dane County Madison 53704 Emerson East

318 N 6th St Unit 1, Madison, WI

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