NOT LISTED FOR SALE

Estimated Value: $854,000 - $881,431

14 Beds
8 Baths
4 Sq Ft
$216,929/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $825,000 $206,250 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,401/month

20 Days on Market

Highlights

  • Balcony
  • Central Air
  • High Speed Internet
  • Eat-In Kitchen
  • Washer and Dryer

About This Home

As of October 2024

Well maintained 7-unit property, occupied by long term tenants. Six units are two bedroom, one bath garden style. One unit is a manager style town house, 2 bedroom 1.5 bath and full private basement. The other six units have shared coin operated laundry in the basement along with individual storage space for tenants. The property is heated by a boiler installed two years ago. All units have access to off street free parking.

Last Agent to Sell the Property

Robin St Clair

EXIT Realty HGM License #58946-90 1944-9 Listed on: 07/10/2024

EXIT Realty HGM

Last Buyer's Agent

Trey Gardner

EXP Realty, LLC License #90957-94

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,341

Year Built

  • Built in 1971

Lot Details

  • 0.37

Home Design

  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Parking

  • 9 Open Parking Spaces
  • Outside Parking

Schools

  • Sandburg Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • High Speed Internet
  • Internet Available

Additional Features

  • Balcony
  • 0.37 Acre Lot

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 0810-283-0201-6
  • $12,250 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,341

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Items Excluded: Seller and tenant personal property
  • Items Included: 7 stoves, 7 refrigerators, 7 dishwashers
  • Miscellaneous: Internet - Cable, Internet - DSL, Internet -Fiber Available
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Walkout to yard, Crawl space, Poured concrete foundatn
  • Number Dish Washers: 7
  • Number Dryers: 1
  • Number Units W Ac: 7
  • Number Washers: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 9

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, Outside
  • Utilities: Separate elec meters

Schools

  • Elementary School: Sandburg
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.37
  • Zoning: res

Rental Info

  • Total Income: 84780

Tax Info

  • Net Taxes: 12341
  • Tax Year: 2023
  • Assessor Parcel Number: 0810-283-0201-6

Multi Family

  • Number Of2 Bedrooms: 7
  • Number Of Units: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Oct 3, 2024
Sold by
Trust Agreement Of Steven M And Mary A G and Grandt Steven M
Bought by
Gardner Millis Investments Llc
Seller's Agent
Robin St Clair
EXIT Realty HGM
Buyer's Agent
Trey Gardner
EXP Realty, LLC
List Price
$999,999
Sold Price
$825,000
Premium/Discount to List
-$174,999
-17.5%
Views
869
Current Estimated Value
$867,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,716
Avg. Annual Appreciation
4.09%
Original Mortgage
$577,500
Outstanding Balance
$571,554
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$296,162

Purchase Details

Closed on
Nov 5, 2014
Sold by
Grandt Steven M and Grandt Mary A
Bought by
Trust Agreement Of Steven M & Mary A Gra
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
Gardner Millis Investments Llc $825,000 Nations Title
Trust Agreement Of Steven M & Mary A Gra -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Millis Investments Llc $577,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2024 10/03/24 Sold $825,000 -17.5% $206,250 / Sq Ft
07/10/2024 07/10/24 For Sale $999,999 -- $250,000 / 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 $12,341 $680,000 $129,000 $551,000
2022 $24,362 $619,000 $117,000 $502,000
2021 $12,018 $563,000 $106,000 $457,000
2020 $11,964 $536,000 $106,000 $430,000
2019 $11,425 $510,000 $106,000 $404,000
2018 $10,928 $488,700 $106,300 $382,400
2017 $10,296 $444,700 $106,300 $338,400
2016 $10,077 $423,700 $101,300 $322,400
2015 $9,697 $380,700 $101,300 $279,400
2014 $9,145 $380,700 $101,300 $279,400
2013 $10,069 $380,700 $101,300 $279,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1981327

South Central Wisconsin Multiple Listing Service

APN: 0810-283-0201-6