NOT LISTED FOR SALE

Estimated Value: $797,000 - $962,000

7 Beds
4 Baths
3,000 Sq Ft
$298/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $465,000 $155 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $6,760/month

10 Days on Market

Highlights

  • Eat-In Kitchen
  • Property is near a bus stop
  • Level Lot
  • Hamilton Middle School Rated A
  • Heating System Uses Steam
  • 3-minute walk to Brittingham Park

About This Home

As of April 2016

Downtown Madison 4 unit close to Capital Square. 1st floor with two large studios. 2nd floor has open floor plan, generous size bedrooms. Third floor is very unique with turret room off the living room. Original trim and hardwoods add to the charm and character of these units. Coin op laundry in basement. 2 Deeded off-street parking stalls rented for an additional $215 per month total.

Last Agent to Sell the Property

Andrew Stebnitz

Restaino & Associates License #56513-90 Listed on: 03/10/2016

Restaino & Associates

Last Buyer's Agent

Les Orosz

The Hub Realty License #33059-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,244

Year Built

  • Built in 1905

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • On-Street Parking
  • Outside Parking

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Additional Features

  • Property is near a bus stop
  • Heating System Uses Steam

Community Details

  • 4 Units
  • Block Forty Nine Redevelopment Plat Subdivision
  • The community has rules related to parking rules

Listing and Financial Details

  • Assessor Parcel Number 0709-231-2737-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,244

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 3 story
  • Barrier Free: Level lot
  • Miscellaneous: Close to bus line
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Steam

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside, Parking fee

Schools

  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.06
  • Zoning: PD
  • Geo Subdivision: WI

Rental Info

  • Total Income: 53866

Tax Info

  • Net Taxes: 8244
  • Tax Year: 2015
  • Assessor Parcel Number: 0709-231-2737-2

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Efficiencies: 2
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Apr 29, 2016
Sold by
616 North Carroll Street Llc
Bought by
Wilson Jefferson Properties Llc
Seller's Agent
Andrew Stebnitz
Restaino & Associates
Buyer's Agent
Les Orosz
The Hub Realty
List Price
$465,000
Sold Price
$465,000
Current Estimated Value
$893,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,667
Avg. Annual Appreciation
7.06%
Original Mortgage
$372,000
Outstanding Balance
$296,619
Interest Rate
3.71%
Mortgage Type
Commercial
Estimated Equity
$597,048

Purchase Details

Listed on
May 15, 2014
Closed on
Jun 30, 2014
Sold by
Slattery Susan
Bought by
616 North Carroll Street Llc
Seller's Agent
Andrew Stebnitz
Restaino & Associates
Buyer's Agent
Andrew Stebnitz
Restaino & Associates
List Price
$394,500
Sold Price
$375,000
Premium/Discount to List
-$19,500
-4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%
Original Mortgage
$281,250
Interest Rate
4.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 31, 2007
Sold by
Slattery Susan and Garner Megan L
Bought by
Slattery Susan
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
Wilson Jefferson Properties Llc $465,000 Attorney
616 North Carroll Street Llc $375,000 Dane County Title Company
Slattery Susan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Jefferson Properties Llc $372,000
Previous Owner 616 North Carroll Street Llc $281,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2016 04/29/16 Sold $465,000 0.0% $155 / Sq Ft
03/20/2016 03/20/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $465,000 +24.0% $155 / Sq Ft
06/30/2014 06/30/14 Sold $375,000 -4.9% $125 / Sq Ft View Prior Sale
05/18/2014 05/18/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $394,500 -- $132 / 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 $24,475 $696,000 $122,000 $574,000
2023 $11,427 $630,000 $111,000 $519,000
2021 $11,588 $543,000 $92,000 $451,000
2020 $11,020 $494,000 $91,800 $402,200
2019 $10,523 $470,000 $91,800 $378,200
2018 $10,011 $448,000 $91,800 $356,200
2017 $10,373 $448,000 $91,800 $356,200
2016 $8,313 $350,100 $83,800 $266,300
2015 $7,987 $317,100 $83,800 $233,300
2014 $7,605 $317,100 $83,800 $233,300
2013 $7,021 $308,100 $83,800 $224,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1769593

South Central Wisconsin Multiple Listing Service

APN: 0709-231-2737-2