NOT LISTED FOR SALE

3501 Marcy Rd Madison, WI 53704

Mendota Hills Neighborhood

Estimated Value: $325,000 - $351,042

4 Beds
2 Baths
1,612 Sq Ft
$211/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $143,000 $89 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,611/month

60 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • Wood Siding

About This Home

As of July 2013

Great investment opportunity! This duplex is in great condition with a solid rental history and priced for cash flow. 7.76 GRM! Each unit is separately metered for gas and electricity and each has its own furnace and water heater. Laundry hookups available in the full, unfinished basements of each as well. Newer exterior painting and roof (complete tear-off with 30-year architectural shingles and 10-ft of ice/water shield). Ample off-street parking on a large lot. Convenient to parks, boat launch & more.

Last Agent to Sell the Property

Jim Schuessler

Stark Company, REALTORS License #63398-94 Listed on: 04/16/2013

Stark Company, REALTORS

Last Buyer's Agent

Will Bredeson

Century 21 Affiliated License #72285-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,005

Year Built

  • Built in 1960

Lot Details

  • 0.29

Parking

  • Outside Parking

Home Design

  • Duplex
  • Wood Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

  • Mendota Elementary School
  • Black Hawk Middle School
  • East High School

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Basement Fills Entire Space Under The House
  • 0.29 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0809-362-0510-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,005

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

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

Schools

  • Elementary School: Mendota
  • High School: East
  • Middle School: Black Hawk
  • School District: Madison

Lot Info

  • Estimated Aces: 0.29
  • Zoning: R3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 19320

Tax Info

  • Net Taxes: 3005
  • Tax Year: 2012
  • Assessor Parcel Number: 0809-362-0510-6

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2025
Sold by
Mccoy Victor L and Mccoy Kiana N
Bought by
3501 Marcy Llc
Current Estimated Value
$339,761

Purchase Details

Listed on
Apr 16, 2013
Closed on
Jul 31, 2013
Sold by
Redds Real Estate Llc
Bought by
Mccoy Victor L and Mccoy Kiana N
Seller's Agent
Jim Schuessler
Stark Company, REALTORS
Buyer's Agent
Will Bredeson
Century 21 Affiliated
List Price
$150,000
Sold Price
$143,000
Premium/Discount to List
-$7,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$135,850
Interest Rate
3.93%
Mortgage Type
VA

Purchase Details

Listed on
Apr 16, 2013
Closed on
Jul 8, 2013
Sold by
Reddington Michelle K and Reddington David F
Bought by
Redds Real Estate Llc
Seller's Agent
Jim Schuessler
Stark Company, REALTORS
Buyer's Agent
Will Bredeson
Century 21 Affiliated
List Price
$150,000
Sold Price
$143,000
Premium/Discount to List
-$7,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,850
Interest Rate
3.93%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
3501 Marcy Llc -- None Listed On Document
Mccoy Victor L $143,000 Nations Title Agency Mn Inc
Redds Real Estate Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccoy Victor L $135,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2013 07/31/13 Sold $143,000 -4.7% $89 / Sq Ft
06/15/2013 06/15/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $150,000 -- $93 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $10,136 $291,000 $102,900 $188,100
2023 $4,884 $272,000 $96,200 $175,800
2022 $9,457 $242,900 $80,200 $162,700
2021 $4,139 $196,500 $71,800 $124,700
2020 $4,008 $181,900 $66,500 $115,400
2019 $3,828 $173,200 $63,300 $109,900
2018 $3,823 $173,200 $63,300 $109,900
2017 $3,595 $157,500 $57,500 $100,000
2016 $3,516 $150,000 $57,500 $92,500
2015 $3,251 $129,000 $57,500 $71,500
2014 $3,048 $129,000 $57,500 $71,500
2013 $2,857 $111,500 $56,400 $55,100
Source: Public Records

Agents Affiliated with this Home

  • Jim Schuessler

    Seller's Agent in 2013

    Jim Schuessler

    Stark Company, REALTORS

    (608) 445-0766

    58 Total Sales

    Jim Schuessler
    Section Image
  • Will Bredeson

    Buyer's Agent in 2013

    Will Bredeson

    Century 21 Affiliated

    (608) 345-6090

    60 Total Sales

    Will Bredeson
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1681749

South Central Wisconsin Multiple Listing Service

APN: 0809-362-0510-6

Wisconsin Dane County Madison 53704 Mendota Hills

3501 Marcy Rd, Madison, WI

Not Listed for Sale

MultiFamily

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