NOT LISTED FOR SALE

3513 Marcy Rd Madison, WI 53704

Mendota Hills Neighborhood

Estimated Value: $342,000 - $400,000

4 Beds
2 Baths
1,632 Sq Ft
$227/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $315,000 $193 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,301/month

23 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Main Floor Bedroom
  • Accessible Bedroom
  • Bathroom on Main Level

About This Home

As of October 2022

Rare Investment Opportunity - Near Lake Mendota Beach, Warner Park, Mallards Field & Northside Farmers Market! Welcome to an updated, charming, and inviting duplex ranch home. Each unit has 2 Bedroom, 1 Bath, with 1 car attached garage. The interior shows off its stunning wood floors, spacious rooms, & beautiful natural light throughout. Property being sold as-is.

Last Agent to Sell the Property

Xinli Chen

Restaino & Associates License #59747-90 Listed on: 09/03/2022

Restaino & Associates

Last Buyer's Agent

Musa Jallow

Restaino & Associates License #81360-94

Restaino & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,839

Year Built

  • Built in 1964

Lot Details

  • 0.27

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • 0.27 Acre Lot
  • Property is near bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0809-362-0507-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,839

Year Built

Built in 1964

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
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Excluded: the seller's personal properties.
  • Items Included: Unit 1 (3513) Range/oven, Refrigerator, Dishwasher, Microwave, Washer/dryer, In-unit laundry, . Window AC, garage remote. Unit 2 (3515) Range/oven, Refrigerator, Dishwasher, Microwave, Washer/dryer, In-unit laundry, water softener, Window AC, garage remote.
  • Miscellaneous: Close to bus line
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Opener inc
  • 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: 0.27
  • Zoning: D3

Tax Info

  • Net Taxes: 4839
  • Tax Year: 2021
  • Assessor Parcel Number: 0809-362-0507-3

Multi Family

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

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2022
Closed on
Oct 21, 2022
Sold by
Chinus Reallink Industry Llc
Bought by
Mbye Rugie and Jallow Ebrima
Seller's Agent
Xinli Chen
Restaino & Associates
Buyer's Agent
Musa Jallow
Restaino & Associates
List Price
$335,000
Sold Price
$315,000
Premium/Discount to List
-$20,000
-5.97%
Current Estimated Value
$371,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,249
Avg. Annual Appreciation
5.19%
Original Mortgage
$236,250
Outstanding Balance
$227,310
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$143,939

Purchase Details

Listed on
May 27, 2022
Closed on
Jun 15, 2022
Sold by
Reynolds Christopher N and Reynolds Katie N
Bought by
Chinus Reallink Industry Llc
Seller's Agent
Matt Kornstedt
Stark Company, REALTORS
Buyer's Agent
Xinli Chen
Restaino & Associates
List Price
$235,000
Sold Price
$250,000
Premium/Discount to List
$15,000
6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.75%

Purchase Details

Closed on
Sep 16, 2009
Sold by
Fessler Real Estate I Llc
Bought by
Reynolds Christopher N and Reynolds Katie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,009
Interest Rate
5.32%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mbye Rugie $315,000 --
Chinus Reallink Industry Llc $250,000 None Listed On Document
Reynolds Christopher N $137,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mbye Rugie $236,250
Previous Owner Reynolds Christopher N $135,009
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2022 10/28/22 Sold $315,000 -6.0% $193 / Sq Ft
09/15/2022 09/15/22 For Sale $335,000 +6.3% $205 / Sq Ft
09/06/2022 09/06/22 Off Market $315,000 -- --
09/03/2022 09/03/22 For Sale $335,000 +34.0% $205 / Sq Ft
06/15/2022 06/15/22 Sold $250,000 +6.4% $153 / Sq Ft View Prior Sale
06/03/2022 06/03/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $235,000 -6.0% $144 / Sq Ft
05/27/2022 05/27/22 Off Market $250,000 -- --
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 $6,381 $315,000 $90,400 $224,600
2022 $10,543 $270,300 $75,300 $195,000
2021 $4,839 $193,800 $71,800 $122,000
2020 $4,085 $179,400 $66,500 $112,900
2019 $3,866 $170,900 $63,300 $107,600
2018 $3,838 $170,900 $63,300 $107,600
2017 $3,546 $155,400 $57,500 $97,900
2016 $3,468 $148,000 $57,500 $90,500
2015 $3,033 $128,500 $57,500 $71,000
2014 $3,035 $128,500 $57,500 $71,000
2013 $3,165 $126,000 $56,400 $69,600
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2022

    Xinli Chen

    Restaino & Associates

    (608) 287-8969

    2 in this area

    86 Total Sales

    Xinli Chen
    Section Image
  • Matt Kornstedt

    Seller's Agent in 2022

    Matt Kornstedt

    Stark Company, REALTORS

    (608) 345-7943

    3 in this area

    1,867 Total Sales

    Matt Kornstedt
    Section Image
  • Musa Jallow

    Buyer's Agent in 2022

    Musa Jallow

    Restaino & Associates

    (608) 446-2210

    4 in this area

    137 Total Sales

    Musa Jallow
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1942820

South Central Wisconsin Multiple Listing Service

APN: 0809-362-0507-3

Wisconsin Dane County Madison 53704 Mendota Hills

3513 Marcy Rd, Madison, WI

Not Listed for Sale

MultiFamily

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