NOT LISTED FOR SALE

Estimated Value: $478,614 - $616,000

7 Beds
2 Baths
2,344 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $244,000 $104 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,171/month

644 Days on Market

Highlights

  • Balcony
  • Property is near a bus stop
  • Laundry Facilities
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of July 2012

Great investment or owner occupant opportunity with this charming remodeled Victorian just blocks from the capitol square and James Madison Park. Income of $3130/mth - 2 flat with 6 bedrms on 1st and 2nd floor rented @$450 per month each. 7th bedrm @ $430 per month. Great rental history in high demand area and currently rented to 8/14/2012. Great floor plan and numerous updates. Brand New Roof Dec 2011(complete tearoff).New water heater 2011,All electrical redone/updated 3/2012 UHP Home Warranty incl.

Last Agent to Sell the Property

Sheila Power

Restaino & Associates License #52230-90 Listed on: 08/14/2010

Restaino & Associates

Last Buyer's Agent

Jac Blasi

South Central Non-Member License #25967-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,338

Year Built

  • Built in 1901

Lot Details

  • 2,178

Home Design

  • Duplex
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • On-Street Parking
  • Outside Parking

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Balcony
  • 2,178 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-133-2320-3

Community Details

Overview

  • 2 Units
  • Old Marke Place Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,338

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Miscellaneous: Shared laundry, Close to bus line
  • Noi Year: 2009
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

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

Fee Information

  • Total Expenses: 12208

Schools

  • School District: Madison
  • Elementary School: Lapham/Marquette
  • Middle School: OKeeffe
  • High School: East
  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Lot Sq Ft: 2178
  • Zoning: R6
  • Geo Subdivision: WI

Rental Info

  • Total Income: 37560

Tax Info

  • Land Assessment: 67500
  • Improvements: 185000
  • Total Assessment: 252500
  • Assessment year: 2010
  • Net Taxes: 5338
  • Tax Year: 2009
  • Assessor Parcel Number: 0709-133-2320-3

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Lin Joan B
Bought by
Bobzien Ben
Total Days on Market
644
Current Estimated Value
$527,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$295,981
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$329,676

Purchase Details

Listed on
Aug 14, 2010
Closed on
Jul 27, 2012
Sold by
Meyer Scott W and Meyer Kayrn M
Bought by
Lin Joan B
Seller's Agent
Sheila Power
Restaino & Associates
Buyer's Agent
Jac Blasi
South Central Non-Member
List Price
$289,900
Sold Price
$244,000
Premium/Discount to List
-$45,900
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$170,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2007
Sold by
Nyland Scott E
Bought by
Meyer Scott W and Meyer Kayrn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2007
Sold by
Nyland Robin D and Nyland Robin
Bought by
Nyland Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bobzien Ben $410,000 --
Lin Joan B $244,000 Rba Title Services Llc
Meyer Scott W $274,000 None Available
Nyland Scott E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bobzien Ben $307,500
Previous Owner Lin Joan B $170,000
Previous Owner Meyer Scott W $274,000
Previous Owner Nyland Scott E $274,000
Previous Owner Nyland Scott E $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2012 07/27/12 Sold $244,000 -15.8% $104 / Sq Ft
05/19/2012 05/19/12 Pending -- -- --
08/14/2010 08/14/10 For Sale $289,900 -- $124 / 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 $14,640 $418,200 $87,300 $330,900
2023 $7,406 $410,000 $87,300 $322,700
2021 $6,474 $305,100 $80,800 $224,300
2020 $6,268 $282,500 $78,400 $204,100
2019 $6,293 $282,500 $78,800 $203,700
2018 $5,980 $269,000 $78,800 $190,200
2017 $6,197 $269,000 $78,800 $190,200
2016 $6,062 $256,200 $71,600 $184,600
2015 $6,125 $244,000 $71,600 $172,400
2014 $5,834 $244,000 $71,600 $172,400
2013 $5,741 $244,000 $67,500 $176,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1603653

South Central Wisconsin Multiple Listing Service

APN: 0709-133-2320-3