NOT LISTED FOR SALE

3538 Ridgeway Ave Unit 1 Madison, WI 53704

Estimated Value: $285,000 - $315,000

3 Beds
2 Baths
1,300 Sq Ft
$233/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2014

Last sale price $129,000 $99 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,086 / mo

2 Days on Market

Highlights

  • Balcony
  • Property is near bus stop
  • Family Room
  • Eat-In Kitchen
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of May 2014

A wonderful 2 unit Bungalow close to MATC and Beltline. Well maintained and recently updated. Unit #1 has newer carpeting in bedrooms. Grand room has large picture windows for plenty of natural light. Kitchen has new flooring, cabinetry, countertops and appliances. Has a bonus closet area. Also has a private back porch. Unit #2 has brand new carpeting in living room and bedroom, freshly painted and own private balcony.

Last Agent to Sell the Property

Steven McDonald

South Central Non-Member License #77319-94 Listed on: 03/18/2014

Last Buyer's Agent

Steven McDonald

South Central Non-Member License #77319-94 Listed on: 03/18/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,927

Year Built

  • Built in 1917

Lot Details

  • 4,792

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • Driveway Level
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Balcony
  • Level Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0810-321-0411-9

Community Details

Overview

  • 2 Units
  • Clyde A Gallagher's Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $12,968

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,927

Year Built

Built in 1917

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down, SingleFam zoned MultiFam
  • Barrier Free: Level drive, Level lot
  • Miscellaneous: Shared laundry, Close to bus line
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 2632

Schools

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

Lot Info

  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 15600

Tax Info

  • Net Taxes: 2927
  • Tax Year: 2013
  • Assessor Parcel Number: 0810-321-0411-9

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of Units: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2014
Closed on
Apr 30, 2014
Sold by
Bought by
Seller's Agent
Steven McDonald
South Central Non-Member
Buyer's Agent
Steven McDonald
South Central Non-Member
List Price
$129,000
Sold Price
$129,000
Current Estimated Value
$308,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,044
Avg. Annual Appreciation
7.24%
Original Mortgage
$126,663
Interest Rate
0.044%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2009
Sold by
Bought by
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$129,000 Dane County Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $35,000
Closed $18,000
Closed $117,300
Closed $126,663
Closed $40,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/07/2014 05/07/14 Sold $129,000 0.0% $99 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $129,000 -- $99 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,060 $276,100 $44,800 $231,300
2024 $8,720 $251,000 $44,800 $206,200
2023 $4,240 $236,800 $42,300 $194,500
2022 $8,363 $215,300 $33,400 $181,900
2021 $4,122 $195,700 $29,800 $165,900
2020 $3,918 $177,900 $27,300 $150,600
2019 $3,742 $169,400 $26,000 $143,400
2018 $3,737 $169,400 $26,000 $143,400
2017 $3,514 $154,000 $23,600 $130,400
2016 $3,449 $140,000 $23,600 $116,400
2015 $3,045 $125,500 $23,600 $101,900
2014 $2,963 $125,500 $23,600 $101,900
2013 $2,705 $120,700 $22,700 $98,000
Source: Public Records

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1709268

South Central Wisconsin Multiple Listing Service

APN: 0810-321-0411-9

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