NOT LISTED FOR SALE

336 W Lakeside St Unit 4 Madison, WI 53715

Bay Creek Neighborhood

Estimated Value: $1,135,000 - $1,141,000

6 Beds
4 Baths
2,780 Sq Ft
$409/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $732,400 $263 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,701/month

Highlights

  • Eat-In Kitchen
  • Property is near a bus stop
  • Laundry Facilities
  • Hamilton Middle School Rated A
  • Forced Air Heating System
  • 2-minute walk to Bernie's Beach

About This Home

As of December 2016

Rare opportunity to purchase a 6,562 square ft. 6 unit mixed use building overlooking Monona Bay and Bernie’s Beach Park! The offering includes 2 retail spaces and 4 apartments. Located conveniently across from Franklin Elementary School. There is app. 8,000 square ft. of additional land mass included thru a long term lease with the WI DOT. 100% leased and priced at a cap rate of 7.79. The main level was completely renovated in 2012 and the apartments were brand new in 1995. Retail space is leased thru December 31, 2018 with annual rent increase's Call or email David Baehr for a private showing at 608-213-6686 or david@baehrinc.com

Last Agent to Sell the Property

David Baehr

American, REALTORS License #52609-90 Listed on: 03/10/2016

Last Buyer's Agent

David Baehr

American, REALTORS License #52609-90 Listed on: 03/10/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,151

Year Built

  • Built in 1937

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • Driveway Level
  • Outside Parking

Location

  • Property is near a bus stop

Schools

  • Franklin/Randall Elementary School
  • Call School District Middle School
  • Call School District High School

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 6 Units
  • Laundry Facilities
  • Net Operating Income $53,470

Listing and Financial Details

  • Assessor Parcel Number 0709-261-0401-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,151

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: Level drive, Level lot
  • Miscellaneous: Shared laundry, Close to bus line
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 1
  • Number Units W Ac: 6
  • Number Washers: 1

Exterior Features

  • Exterior: Brick

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: 30446

Schools

  • Elementary School: Franklin/Randall
  • High School: Call School District
  • Middle School: Call School District
  • School District: Madison

Lot Info

  • Estimated Aces: 0.14
  • Zoning: NMX
  • Geo Subdivision: WI

Rental Info

  • Total Income: 83916

Tax Info

  • Net Taxes: 11151
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-261-0401-2

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 2
  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2021
Sold by
Schmitz Ryan N and Schmitz Katie J
Bought by
Pj Squared Properties 1 Llc
Current Estimated Value
$1,138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$763,820
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$374,180

Purchase Details

Closed on
Oct 6, 2020
Sold by
Csg Properties4 Llc
Bought by
Living Downtown Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,160
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 10, 2016
Closed on
Dec 13, 2016
Sold by
Johnson Angelika and Johnson Angelika G
Bought by
Csg Properties4 Llc
Seller's Agent
David Baehr
American, REALTORS
Buyer's Agent
David Baehr
American, REALTORS
List Price
$749,900
Sold Price
$732,400
Premium/Discount to List
-$17,500
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$525,000
Interest Rate
3.57%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pj Squared Properties 1 Llc -- None Available
Schmitz Ryan N -- None Available
Living Downtown Llc $761,500 None Available
Csg Properties4 Llc $732,400 Nations Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pj Squared Properties 1 Llc $840,000
Previous Owner Living Downtown Llc $609,160
Previous Owner Csg Properties4 Llc $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2016 12/13/16 Sold $732,400 -2.3% $263 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $749,900 -- $270 / 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 $32,583 $925,000 $65,000 $860,000
2023 $15,284 $841,000 $65,000 $776,000
2021 $16,274 $761,000 $65,000 $696,000
2020 $17,895 $800,000 $61,000 $739,000
2019 $17,276 $769,400 $61,000 $708,400
2018 $16,416 $732,400 $61,000 $671,400
2017 $17,008 $732,400 $61,000 $671,400
2016 $11,290 $474,300 $55,000 $419,300
2015 $11,406 $451,300 $55,000 $396,300
2014 $10,856 $451,300 $55,000 $396,300
2013 $9,376 $451,300 $55,000 $396,300
Source: Public Records

Agents Affiliated with this Home

  • David Baehr

    Seller's Agent in 2016

    David Baehr

    American, REALTORS

    (608) 834-2613

    69 Total Sales

    David Baehr
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1769493

South Central Wisconsin Multiple Listing Service

APN: 0709-261-0401-2

Wisconsin Dane County Madison 53715 Bay Creek

336 W Lakeside St Unit 4, Madison, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes