NOT LISTED FOR SALE

3613 Kipling Dr Madison, WI 53704

Berkeley Oaks Neighborhood

Estimated Value: $421,199 - $540,000

8 Beds
4 Baths
3,328 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 22, 2013

Last sale price $185,000 $56 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,871/month

178 Days on Market

Highlights

  • Main Floor Bedroom
  • Accessible Bedroom
  • Forced Air Heating System
  • Eat-In Kitchen
  • Property is near bus stop
  • Family Room

About This Home

As of March 2013

Brick 4 unit with many updates. Roof replaced (approx 5 years), 3 out of 4 furnace repaced in last 5 years, All units have pergo and hardwood floors, two units have dishwashers, newer front load coin-op laundry owned (approx $750 per year). Tenants pay their owne heat and electric. Lower units have updates in kitchen area.

Last Agent to Sell the Property

Brian Spanos

Lakestone Properties License #50792-90 1474-9 Listed on: 08/04/2012

Last Buyer's Agent

Xianjing Shan

OnePlus Realty Team License #52775-90

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 10,395

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • Main Floor Bedroom
  • 2-Story Property
  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Driveway Level
  • Outside Parking

Schools

  • Lake View Elementary School
  • Black Hawk Middle School
  • East High School

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Accessible Bedroom
  • 10,395 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0810-302-0706-4

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: First floor bedroom, Level drive
  • Miscellaneous: Shared laundry, Close to bus line
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Brick, Stone

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: Lake View
  • High School: East
  • Middle School: Black Hawk
  • School District: Madison

Lot Info

  • Estimated Lot Sq Ft: 10395
  • Zoning: R4
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 5264
  • Tax Year: 2012
  • Assessor Parcel Number: 0810-302-0706-4

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2012
Closed on
Mar 25, 2013
Sold by
3613 Kipling Dr Llc
Bought by
Rubin Tiemei and Zhou Zhisheng
Seller's Agent
Brian Spanos
Lakestone Properties
Buyer's Agent
Xianjing Shan
OnePlus Realty Team
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$461,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,010
Avg. Annual Appreciation
7.47%
Original Mortgage
$134,700
Outstanding Balance
$27,591
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$437,709

Purchase Details

Closed on
Oct 17, 2007
Sold by
Spanos Brian C
Bought by
3613 Kipling Dr Llc
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
Rubin Tiemei $185,000 None Available
3613 Kipling Dr Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubin Tiemei $134,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2013 03/22/13 Sold $185,000 -7.5% $56 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
08/04/2012 08/04/12 For Sale $199,900 -- $60 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

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 $7,315 $405,000 $77,000 $328,000
2022 $13,781 $352,000 $70,000 $282,000
2021 $6,794 $320,000 $64,000 $256,000
2020 $6,571 $296,000 $64,000 $232,000
2019 $6,282 $282,000 $64,000 $218,000
2018 $5,890 $265,000 $63,600 $201,400
2017 $5,682 $245,000 $63,600 $181,400
2016 $5,314 $225,000 $57,600 $167,400
2015 $5,370 $212,000 $57,600 $154,400
2014 $5,058 $212,000 $57,600 $154,400
2013 $5,264 $212,000 $57,600 $154,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Brian Spanos

    Lakestone Properties

    Section Image

  • X

    Buyer's Agent in 2013

    Xianjing Shan

    OnePlus Realty Team

    (608) 219-4738

    56 Total Sales

    Xianjing Shan
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1662893

South Central Wisconsin Multiple Listing Service

APN: 0810-302-0706-4

Wisconsin Dane County Madison 53704 Berkeley Oaks

3613 Kipling Dr, Madison, WI

Not Listed for Sale

MultiFamily

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