NOT LISTED FOR SALE

3521 Marcy Rd Madison, WI 53704

Lerdahl Park Neighborhood

Estimated Value: $341,000 - $393,000

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

Last Sold November 18, 2019

Last sale price $235,000 $144 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,296/month

38 Days on Market

Highlights

  • Open Floorplan
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Attached Garage
  • Accessible Bedroom
  • Bathroom on Main Level

About This Home

As of November 2019

Don't miss this opportunity! Nice ranch duplex near Warner Park. This East side investment property can also be a great owner-occupied opportunity. Both sides are currently vacant because sellers rented to their family members. You can expand into the unfinished basements. Bathrooms are updated. Large private lot! Well maintained, clean & ready for immediate occupancy! Seller expects rents of at least $1,000 each unit.

Last Agent to Sell the Property

Peggy Acker-Farber

RE/MAX Preferred License #43254-90 Listed on: 08/20/2019

RE/MAX Preferred

Last Buyer's Agent

Sue Eastwood

RE/MAX Preferred License #45492-94

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,825

Year Built

  • Built in 1963

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Location

  • Property is near bus stop

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Separate Water Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0809-362-0505-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,825

Year Built

Built in 1963

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, Level lot, Low pile or no carpeting
  • Items Included: 2 Stoves, 2 Refrigerators
  • Miscellaneous: Close to bus line
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn

Exterior Features

  • Exterior: Aluminum/Steel

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: 2 stall garage, Attached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

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

Lot Info

  • Estimated Aces: 0.29
  • Zoning: R3

Tax Info

  • Net Taxes: 3825
  • Tax Year: 2018
  • Assessor Parcel Number: 0809-362-0505-7

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Nov 18, 2019
Sold by
Xiong Lia and Vang Diana
Bought by
Gassou Amuzu and Gassou Edem
Seller's Agent
Peggy Acker-Farber
RE/MAX Preferred
Buyer's Agent
Sue Eastwood
RE/MAX Preferred
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Current Estimated Value
$370,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,375
Avg. Annual Appreciation
7.63%
Original Mortgage
$230,743
Outstanding Balance
$202,142
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$168,233

Purchase Details

Closed on
Apr 29, 2010
Sold by
Fessler Real Estate I Llc
Bought by
Xiong Lia and Vang Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,302
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage
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
Gassou Amuzu $235,000 None Available
Xiong Lia $133,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gassou Amuzu $230,743
Previous Owner Xiong Lia $106,302
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2019 11/18/19 Sold $235,000 -6.0% $144 / Sq Ft
09/06/2019 09/06/19 For Sale $249,900 +6.3% $153 / Sq Ft
08/21/2019 08/21/19 Off Market $235,000 -- --
08/20/2019 08/20/19 For Sale $249,900 -- $153 / 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 $11,689 $315,300 $102,900 $212,400
2023 $5,560 $294,700 $96,200 $198,500
2022 $10,276 $263,100 $80,200 $182,900
2021 $5,068 $239,700 $71,800 $167,900
2020 $5,201 $235,000 $66,500 $168,500
2019 $3,957 $178,900 $63,300 $115,600
2018 $3,825 $173,300 $63,300 $110,000
2017 $3,595 $157,500 $57,500 $100,000
2016 $3,516 $150,000 $57,500 $92,500
2015 $3,057 $129,500 $57,500 $72,000
2014 $3,060 $129,500 $57,500 $72,000
2013 $3,085 $127,000 $56,400 $70,600
Source: Public Records

Agents Affiliated with this Home

  • Peggy Acker-Farber

    Seller's Agent in 2019

    Peggy Acker-Farber

    RE/MAX

    (608) 276-8110

    631 Total Sales

    Peggy Acker-Farber
    Section Image
  • Sue Eastwood

    Buyer's Agent in 2019

    Sue Eastwood

    RE/MAX

    (608) 335-6062

    55 Total Sales

    Sue Eastwood
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1866513

South Central Wisconsin Multiple Listing Service

APN: 0809-362-0505-7

Wisconsin Dane County Madison 53704 Lerdahl Park

3521 Marcy Rd, Madison, WI

Not Listed for Sale

MultiFamily

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