NOT LISTED FOR SALE

3320 Milwaukee St Madison, WI 53714

Atwood Neighborhood

Estimated Value: $517,000 - $777,000

2 Beds
4 Baths
2,270 Sq Ft
$283/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $3,300,000 $1,454 Per Sq Ft

Current estimated payment $4,021/month

About This Home

As of August 2022

30-units in a prime location! Two adjacent properties at the corner of Milwaukee & N Fair Oaks plus one additional bldg 2.5 blocks away on Thorp. 3320 Milwaukee - 4-unit bldg w/four 2 bed units & offers sep utilities, 2 balconies per unit, new roof & onsite laundry/strg. 3324 Milwaukee - 18 unit bldg w/16 studios & 2 commercial units, brick exterior, newer boiler/roof & ample prkg. 3128 Thorp - single story bldg w/8 identical & nicely updated, private entry studios, new roof, windows, mechanicals, parking lot in June 2022 & ground level laundry. Many units under-rented. One of Madison's fasted growing areas - walkable to vibrant Atwood-Schenk restaurants & shops, bike paths, Olbrich, Garver, Lake Monona & more! Quick access to DT Madison, public transit & 151 & 90/94. 3 parcels included.

Last Agent to Sell the Property

The Hub Team

The Hub Realty Listed on: 06/28/2022

Last Buyer's Agent

Les Orosz

The Hub Realty License #33059-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,381

Lot Details

  • 0.58

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

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

Parking

  • 36 Open Parking Spaces
  • Outside Parking

Schools

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

Additional Features

  • 0.58 Acre Lot
  • Separate Meters

Community Details

  • 30 Units
  • Net Operating Income $187,029

Listing and Financial Details

  • Assessor Parcel Number 071005109121

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,381

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 1 story, 2 story, 3 story
  • Items Excluded: seller's/tenants personal property
  • Items Included: all refrigerators, all oven/ranges, all wall A/C units, all water heaters, all water softeners, all washers, all dryers, window blinds
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 4
  • Number Dryers: 3
  • Number Units W Ac: 30
  • Number Washers: 3
  • Number Water Softeners: 3

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Parking Stalls Outside: 36

Utilities

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

Fee Information

  • Total Expenses: 112083

Schools

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

Lot Info

  • Estimated Aces: 0.58
  • Zoning: TR-V/NMX
  • Geo Subdivision: WI

Rental Info

  • Total Income: 299112

Tax Info

  • Net Taxes: 41381
  • Tax Year: 2021
  • Assessor Parcel Number: 071005109121

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of Efficiencies: 26
  • Number Of Units: 30

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 30, 2022
Sold by
Augusta Realty Inc
Bought by
Fair Oaks Rentals Llc
Seller's Agent
The Hub Team
The Hub Realty
Buyer's Agent
Les Orosz
The Hub Realty
List Price
$3,344,000
Sold Price
$3,300,000
Premium/Discount to List
-$44,000
-1.32%
Current Estimated Value
$642,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,657,667
Avg. Annual Appreciation
-40.42%
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
Fair Oaks Rentals Llc $2,213,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $3,300,000 -1.3% $1,454 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $3,344,000 -- $1,473 / 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 $21,962 $625,000 $76,000 $549,000
2023 $10,239 $565,000 $69,000 $496,000
2021 $10,648 $490,000 $57,000 $433,000
2020 $10,618 $467,000 $57,000 $410,000
2019 $10,169 $445,000 $57,000 $388,000
2018 $10,029 $439,200 $56,500 $382,700
2017 $9,456 $399,200 $56,500 $342,700
2016 $9,224 $380,200 $53,500 $326,700
2015 $9,128 $345,200 $53,500 $291,700
2014 $8,285 $345,200 $53,500 $291,700
2013 $9,523 $335,200 $53,500 $281,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    The Hub Team

    The Hub Realty

    (608) 556-4400

    18 in this area

    253 Total Sales

    The Hub Team
    Section Image

  • L

    Buyer's Agent in 2022

    Les Orosz

    The Hub Realty

    (608) 515-4350

    2 in this area

    9 Total Sales

    Les Orosz
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1938082

South Central Wisconsin Multiple Listing Service

APN: 0710-051-0911-3

Wisconsin Dane County Madison 53714 Atwood

3320 Milwaukee St, Madison, WI

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