NOT LISTED FOR SALE

3510 Commercial Ave Madison, WI 53714

Hawthorne Neighborhood

Estimated Value: $278,629 - $319,000

2 Beds
2 Baths
1,100 Sq Ft
$274/Sq Ft Est. Value

Last Sold July 05, 2024

Last sale price $290,000 $264 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,867/month

10 Days on Market

Highlights

  • Open Floorplan
  • Accessible Full Bathroom
  • 1-Story Property
  • Accessible Bedroom
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Great investment opportunity! Updated HVAC (2020), water heater for 3510 (2022), updated electrical service (2020). 24 hour notice for all showings. Showings to be accompanied by Seller and/or List Agent. Both units are occupied with long term tenants. Washer & dryer hook-ups available in basement.

Last Agent to Sell the Property

Marisca Lee

Quality First Realty, LLC License #89823-94 Listed on: 05/17/2024

Last Buyer's Agent

Andrew Willits

Keller Williams Realty License #58571-90

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 1977

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • Bathroom on Main Level
  • 1-Story Property
  • Open Floorplan
  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 6 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Hawthorne Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 081032427082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,154

Year Built

Built in 1977

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, 1 story
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Level drive
  • Items Excluded: Tenants personal property
  • Items Included: Fridge, range, water softener, dishwasher
  • Miscellaneous: Water Softener Owned
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Units W Ac: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 6

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.12
  • Zoning: res

Rental Info

  • Total Income: 1800

Tax Info

  • Net Taxes: 4154
  • Tax Year: 2023
  • Assessor Parcel Number: 081032427082

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jul 5, 2024
Sold by
Gmeiner Consulting Llc
Bought by
Schmid Joshua M and Murray Grayson
Seller's Agent
Marisca Lee
Quality First Realty, LLC
Buyer's Agent
Andrew Willits
Keller Williams Realty
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Views
50
Current Estimated Value
$301,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,407
Avg. Annual Appreciation
2.50%
Original Mortgage
$203,000
Outstanding Balance
$200,552
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$100,855

Purchase Details

Closed on
Apr 21, 2021
Sold by
Vyse Kyle and Vyse Kimberly
Bought by
Gmeiner Consulting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 6, 2018
Closed on
May 11, 2018
Sold by
Seeliger Steven W
Bought by
Vyse Kyle and Vyse Kimberly
Seller's Agent
Eric Castleberg
EXP Realty, LLC
Buyer's Agent
Marine Yoo
Real Broker LLC
List Price
$159,500
Sold Price
$155,000
Premium/Discount to List
-$4,500
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$116,250
Interest Rate
4.44%
Mortgage Type
New Conventional
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
Schmid Joshua M $290,000 None Listed On Document
Gmeiner Consulting Llc $219,000 None Available
Vyse Kyle $155,000 Knight Barry Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmid Joshua M $203,000
Previous Owner Gmeiner Consulting Llc $175,200
Previous Owner Vyse Kyle $116,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2024 07/05/24 Sold $290,000 -3.0% $264 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/27/2024 05/27/24 For Sale $299,000 +3.1% $272 / Sq Ft
05/17/2024 05/17/24 Off Market $290,000 -- --
05/11/2018 05/11/18 Sold $155,000 -2.8% $155 / Sq Ft View Prior Sale
04/10/2018 04/10/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $159,500 -- $160 / 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
2023 $4,154 $232,100 $44,200 $187,900
2022 $8,510 $219,000 $38,000 $181,000
2021 $3,827 $179,100 $33,900 $145,200
2020 $3,579 $162,800 $30,500 $132,300
2019 $3,417 $155,000 $29,000 $126,000
2018 $3,084 $140,400 $29,000 $111,400
2017 $2,898 $127,600 $26,400 $101,200
2016 $2,701 $116,000 $26,400 $89,600
2015 $2,481 $116,200 $26,400 $89,800
2014 $2,737 $116,200 $26,400 $89,800
2013 $2,497 $111,700 $25,400 $86,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marisca Lee

    Quality First Realty, LLC

    Section Image
  • Andrew Willits

    Buyer's Agent in 2024

    Andrew Willits

    Keller Williams Realty

    (608) 535-9909

    3 in this area

    121 Total Sales

    Andrew Willits
    Section Image
  • Eric Castleberg

    Seller's Agent in 2018

    Eric Castleberg

    EXP Realty, LLC

    (608) 443-4834

    1 in this area

    97 Total Sales

    Eric Castleberg
    Section Image
  • Marine Yoo

    Buyer's Agent in 2018

    Marine Yoo

    Real Broker LLC

    (608) 527-0753

    3 in this area

    1,457 Total Sales

    Marine Yoo
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1977420

South Central Wisconsin Multiple Listing Service

APN: 0810-324-2708-2

Wisconsin Dane County Madison 53714 Hawthorne

3510 Commercial Ave, Madison, WI

Not Listed for Sale

MultiFamily

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