NOT LISTED FOR SALE

Estimated Value: $625,916

4 Beds
4 Baths
2,400 Sq Ft
$261/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $315,000 $131 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,129/month

98 Days on Market

Highlights

  • Newly Remodeled
  • Eat-In Kitchen
  • Property is near a bus stop
  • Open Floorplan
  • Accessible Bedroom
  • Central Air

About This Home

As of December 2013

Well maintained 6 unit with good tenants. Roof 4 yrs. old. New siding and some new windows. Close to schools bus, and parks. This property has been broker owned for over 30 yrs.

Last Agent to Sell the Property

Betty Thompson

Betty Thompson Realty License #52269-90 Listed on: 08/21/2013

Last Buyer's Agent

Jeff Schraml

Century 21 Affiliated License #49690-94

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,543

Year Built

  • Built in 1973 | Newly Remodeled

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Driveway Level
  • Outside Parking

Schools

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

Utilities

  • Central Air
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Accessible Bedroom
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0809-264-0711-8

Community Details

Overview

  • 6 Units
  • Fairfield Manor Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $35,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,543

Year Built

Built in 1973 | Newly Remodeled

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, New/Never occupied
  • Barrier Free: Open floor plan, First floor bedroom, Level drive, Level lot, Width of hallways 42"+, Door openings 29" or more
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Noi Year: 2012
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Number Dish Washers: 5
  • Number Dryers: 1
  • Number Refrigerators: 6
  • Number Stoves: 6
  • Number Units W Ac: 6
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Wood, Brick, Stone

Garage/Parking

  • Heating Fuel: Electric

Utilities

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

Fee Information

  • Total Expenses: 9400

Schools

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

Lot Info

  • Estimated Aces: 0.28
  • Zoning: SR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 46440

Tax Info

  • Land Assessment: 58900
  • Improvements: 214600
  • Total Assessment: 273500
  • Assessment year: 2012
  • Net Taxes: 6543
  • Tax Year: 2012
  • Assessor Parcel Number: 0809-264-0711-8

Multi Family

  • Number Of1 Bedrooms: 6
  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2013
Closed on
Dec 31, 2013
Sold by
Thompson Betty and Keup Albert O
Bought by
Porchlight Inc
Seller's Agent
Betty Thompson
Betty Thompson Realty
Buyer's Agent
Jeff Schraml
Century 21 Affiliated
List Price
$375,000
Sold Price
$315,000
Premium/Discount to List
-$60,000
-16%
Total Days on Market
98
Current Estimated Value
$625,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,916
Avg. Annual Appreciation
6.20%
Source: Public Records

Range of Values:

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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
Porchlight Inc $315,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porchlight Inc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2013 12/31/13 Sold $315,000 -16.0% $131 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $375,000 -- $156 / 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
2024 -- -- -- --
2021 $948 $45,700 $10,400 $35,300
2020 $948 $45,700 $10,400 $35,300
2019 $952 $45,700 $10,400 $35,300
2018 $952 $45,700 $10,400 $35,300
2017 $987 $45,700 $10,400 $35,300
2016 $969 $0 $0 $0
2015 $969 $43,200 $9,800 $33,400
2014 $969 $43,200 $9,800 $33,400
2013 $6,224 $259,500 $58,900 $200,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1694919

South Central Wisconsin Multiple Listing Service

APN: 0809-264-0711-8