$366,900
SOLD DEC 30, 2024

3221 Milwaukee St Unit 1 Madison, WI 53714

Atwood Neighborhood
-- Bed
-- Bath
1,468 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$250 Per Sq Ft

2% Below List Price

82 Days on Market

About This Home

As of December 2024

Location and income! This 2-flat duplex not only offers an appealing location, but it also has income totaling $2585/month! Each unit consist of a 1-bedroom apartment and private laundry. Lower apartment includes access to basement. Upper apartment includes access to garage. Owner is currently in the process of upgrading electrical service.

Last Agent to Sell the Property

Eric Breidel

Investment Realty Services LLC License #58198-90 Listed on: 09/08/2024

Last Buyer's Agent

Luke Bruckner

Bunbury & Assoc, REALTORS License #63334-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,796

Year Built

  • Built in 1926

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 1 Covered Space

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Oven or Range

Laundry

  • Laundry in unit
  • Washer and Dryer

Basement

  • Partial Basement
  • Crawl Space

Schools

  • Lowell Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Radiant Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0710-051-1113-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,796

Year Built

Built in 1926

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
  • Items Excluded: Personal property of the seller and/or tenants.
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Crawl space
  • Number Dryers: 2
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 2
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Inside: 1
  • Parking Stalls Outside: 1

Utilities

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

Schools

  • School District: Madison
  • Elementary School: Lowell
  • Middle School: OKeeffe
  • High School: East
  • Elementary School: Lowell
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.11
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 31020

Tax Info

  • Land Assessment: 71600
  • Improvements: 272800
  • Total Assessment: 344400
  • Assessment year: 2024
  • Net Taxes: 5796
  • Tax Year: 2023
  • Assessor Parcel Number: 0710-051-1113-4

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2024
Closed on
Dec 30, 2024
Sold by
Ripple Trust and Ripple Thomas D
Bought by
Sorge Peter Joseph David and Guerrera Joseph M
Seller's Agent
Eric Breidel
Investment Realty Services LLC
Buyer's Agent
Luke Bruckner
Bunbury & Assoc, REALTORS
List Price
$374,900
Sold Price
$366,900
Premium/Discount to List
-$8,000
-2.13%
Views
198
Current Estimated Value
$385,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,985
Avg. Annual Appreciation
7.47%
Original Mortgage
$275,175
Outstanding Balance
$273,517
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$112,368

Purchase Details

Closed on
Dec 3, 2014
Sold by
Ripple Thomas D
Bought by
Ripple Trust
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 Type Sale Price Title Company
Deed $366,900 None Listed On Document
Deed $366,900 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,175 New Conventional
Closed $275,175 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $366,900 -2.1% $250 / Sq Ft
11/29/2024 11/29/24 Pending -- -- --
09/08/2024 09/08/24 For Sale $374,900 -- $255 / 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 $12,027 $344,400 $71,600 $272,800
2023 $5,796 $321,900 $71,600 $250,300
2021 $5,487 $259,200 $63,100 $196,100
2020 $5,313 $240,000 $58,400 $181,600
2019 $5,078 $228,600 $51,700 $176,900
2018 $4,733 $213,600 $51,700 $161,900
2017 $4,578 $199,600 $43,100 $156,500
2016 $4,477 $190,100 $43,100 $147,000
2015 $4,304 $175,700 $43,100 $132,600
2014 $4,179 $175,700 $43,100 $132,600
2013 $3,815 $168,900 $41,400 $127,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1985387

South Central Wisconsin Multiple Listing Service

APN: 0710-051-1113-4