NOT LISTED FOR SALE

3312 Milwaukee St Madison, WI 53714

Atwood Neighborhood

Estimated Value: $484,000 - $506,933

6 Beds
4 Baths
2,803 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $370,000 $132 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,059/month

Highlights

  • Balcony
  • Water Softener is Owned
  • Dining Room
  • Property is near a bus stop
  • Forced Air Heating System
  • 4-minute walk to OB Sherry Park

About This Home

As of December 2021

4 unit multi-family for sale located on Madison’s East side near the corner of N. Fair Oaks Ave and Milwaukee St. There are two 1 bedroom units with 1 bath and two 2 bedroom units with 1 bath. 4 units fully leased through 2022 rental season. Annual gross income is $45,300. Monthly rent include pet fees.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 05/20/2021

Co-Listed By

Lindsey Kramer

Madison Property Management, Inc. License #85851-94

Last Buyer's Agent

Victoria LaBrosse

The Frugal Broker LLC License #60215-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,514

Year Built

  • Built in 1913

Lot Details

  • 8,276

Home Design

  • Vinyl Siding

Interior Spaces

  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Oven or Range
  • Laundry in unit

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Additional Features

  • Balcony
  • 8,276 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-051-0909-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,514

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Owner and tenant(s) personal belongings
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 2
  • Number Washers: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 4

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.19
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 44340

Tax Info

  • Net Taxes: 8514
  • Tax Year: 2020
  • Assessor Parcel Number: 0710-051-0909-8

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 2
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2012
Sold by
3312 Milwaukee Street Llc
Bought by
Orton Park Llc
Current Estimated Value
$488,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$941,625
Outstanding Balance
$655,583
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$158,100

Purchase Details

Closed on
Feb 4, 2005
Sold by
Cockrum David K and Cockrum Rebecca A
Bought by
3312 Milwaukee Street Lcl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.78%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Orton Park Llc $242,000 None Available
3312 Milwaukee Street Lcl $266,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orton Park Llc $941,625
Previous Owner 3312 Milwaukee Street Lcl $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $370,000 -9.7% $132 / Sq Ft
05/20/2021 05/20/21 For Sale $409,900 -- $146 / 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 $15,943 $455,000 $63,000 $392,000
2023 $7,315 $405,000 $57,000 $348,000
2021 $8,141 $371,000 $47,000 $324,000
2020 $8,514 $371,000 $47,000 $324,000
2019 $8,148 $353,000 $47,000 $306,000
2018 $8,143 $353,000 $46,600 $306,400
2017 $7,688 $321,000 $46,600 $274,400
2016 $7,494 $306,000 $44,600 $261,400
2015 $6,653 $253,000 $44,600 $208,400
2014 $6,052 $253,000 $44,600 $208,400
2013 $5,968 $246,000 $44,600 $201,400
Source: Public Records

Agents Affiliated with this Home

  • James Stopple

    Seller's Agent in 2021

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    4 in this area

    92 Total Sales

    James Stopple
    Section Image
  • Lindsey Kramer

    Seller Co-Listing Agent in 2021

    Lindsey Kramer

    Madison Property Management, Inc.

    (608) 212-7866

    1 in this area

    7 Total Sales

    Lindsey Kramer
    Section Image
  • Victoria LaBrosse

    Buyer's Agent in 2021

    Victoria LaBrosse

    The Frugal Broker LLC

    (608) 501-7518

    2 in this area

    15 Total Sales

    Victoria LaBrosse
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1909714

South Central Wisconsin Multiple Listing Service

APN: 0710-051-0909-8

Wisconsin Dane County Madison 53714 Atwood

3312 Milwaukee St, Madison, WI

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