NOT LISTED FOR SALE

35 N Mills St Madison, WI 53715

Estimated Value: $1,337,000 - $1,605,000

14 Beds
6 Baths
4,024 Sq Ft
$363/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $950,000 $236 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $9,223/month

4 Days on Market

Highlights

  • Eat-In Kitchen
  • Laundry Facilities
  • 4-minute walk to Edward Klief Park
  • Hamilton Middle School Rated A

About This Home

As of August 2018

Fantastic investment opportunity, prime location in downtown Madison. Well maintained property with strong rental history, fully rented through August 14, 2019. Tenant pays electric. Landlord pays heat, common electric and water/sewer. Maintenance free siding, updated windows. Total income includes $400/mo. for parking. Additional laundry income, not shown in total income.

Last Agent to Sell the Property

Justin Harder

Restaino & Associates License #61098-94 Listed on: 06/08/2018

Restaino & Associates

Last Buyer's Agent

Rachael See

Compass Real Estate Wisconsin License #55812-94

Compass Real Estate Wisconsin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,800

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Radiant Heating System
  • Separate Meters

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-232-1907-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,800

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 3 story
  • Items Excluded: Tenant personal possessions
  • Items Included: All appliances owned by the landlord.
  • Miscellaneous: Shared laundry
  • Noi Year: 2017
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 3
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 3
  • Number Stoves: 3
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 4

Utilities

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

Schools

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.07
  • Zoning: TR-U2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 99900

Tax Info

  • Land Assessment: 49100
  • Improvements: 845900
  • Total Assessment: 895000
  • Assessment year: 2018
  • Net Taxes: 20800
  • Tax Year: 2017
  • Assessor Parcel Number: 0709-232-1907-0

Multi Family

  • Number Of3 Bedrooms: 3
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 14, 2018
Sold by
35 N Mills St Llc
Bought by
Fisher Dianne M
Seller's Agent
Justin Harder
Restaino & Associates
Buyer's Agent
Rachael See
Compass Real Estate Wisconsin
List Price
$995,500
Sold Price
$950,000
Premium/Discount to List
-$45,500
-4.57%
Current Estimated Value
$1,462,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,325
Avg. Annual Appreciation
5.75%
Original Mortgage
$647,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2014
Sold by
Rouse Jonathan G and Rouse Adrienne J
Bought by
35 N Mills St Llc

Purchase Details

Closed on
Feb 13, 2008
Sold by
Bc Marketing Group Llc
Bought by
Rouse Jonathan G and Rouse Adrienne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
5.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2006
Sold by
Breneman Drew D
Bought by
Breneman Investments Llc

Purchase Details

Closed on
Aug 31, 2006
Sold by
Letzing Robert H and Letzing Sybil H
Bought by
Breneman Drew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.5%
Mortgage Type
Commercial
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
Fisher Dianne M $950,000 None Available
35 N Mills St Llc -- None Available
Rouse Jonathan G $780,000 None Available
Breneman Investments Llc -- None Available
Bc Marketing Group Llc -- None Available
Breneman Drew D $660,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Dianne M $630,000
Closed Fisher Dianne M $640,000
Closed Fisher Dianne M $647,500
Previous Owner 35 N Mills Llc $75,000
Previous Owner 35 N Mills St Llc $565,000
Previous Owner Rouse Jonathan G $588,000
Previous Owner Rouse Jonathan G $624,000
Previous Owner Breneman Drew D $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2018 08/16/18 Sold $950,000 -4.6% $236 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $995,500 +4.8% $247 / Sq Ft
06/08/2018 06/08/18 Off Market $950,000 -- --
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 $45,500 $1,289,800 $119,900 $1,169,900
2023 $21,945 $1,205,400 $119,900 $1,085,500
2021 $24,111 $1,125,500 $108,800 $1,016,700
2020 $21,910 $978,700 $105,600 $873,100
2019 $21,350 $950,000 $49,100 $900,900
2018 $20,078 $895,000 $49,100 $845,900
2017 $20,801 $895,000 $49,100 $845,900
2016 $20,354 $852,400 $44,600 $807,800
2015 $19,579 $773,100 $44,600 $728,500
2014 $18,652 $773,100 $44,600 $728,500
2013 $17,214 $750,600 $44,600 $706,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Justin Harder

    Restaino & Associates

    (608) 444-2697

    Justin Harder
    Section Image
  • Rachael See

    Buyer's Agent in 2018

    Rachael See

    Compass Real Estate Wisconsin

    (608) 217-2660

    188 Total Sales

    Rachael See
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1832960

South Central Wisconsin Multiple Listing Service

APN: 0709-232-1907-0

Wisconsin Dane County Madison 53715

35 N Mills St, Madison, WI

This home is located at 35 N Mills St, Madison, WI 53715 since 08 June 2018 and is currently estimated at $1,462,325, approximately $363 per square foot. 35 N Mills St is a home located in Dane County with nearby schools including Franklin Elementary School, Hamilton Middle School, and West High School.

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.

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