NOT LISTED FOR SALE

4016 School Rd Unit 2 Madison, WI 53704

Mendota Hills Neighborhood

Estimated Value: $366,674 - $422,000

4 Beds
2 Baths
1,904 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 13, 2016

Last sale price $192,000 $101 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,400/month

44 Days on Market

Highlights

  • Detached Garage
  • Property is near bus stop
  • Forced Air Heating System
  • Fireplace

About This Home

As of July 2016

VRP $185,000-$200,000. Great 2 Flat on Madison's north side loaded w/ character & charm. Property was once owner occupied & that opportunity presents itself again w/ a vacant 2nd flr unit at this time. 1st flr has long term tenant unit features exposed wood flrs, fireplace, enormous living-dinning space, nice galley style kitchen, updated bath, 2nd bdrm currently being used as a sun rm / porch but is heated. 2nd flr unit features enormous living-dinning space, 2 good sized bdrms, remodeled bath, small deck for relaxing, per seller hrdwd flrs under carpet on 2nd flr. 2 car grg = 1 space/unit

Last Agent to Sell the Property

Dan Bowden

Restaino & Associates License #47037-90 Listed on: 03/30/2016

Restaino & Associates

Last Buyer's Agent

John Karrigan

Century 21 Affiliated License #41065-94

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,543

Year Built

  • Built in 1938

Lot Details

  • 9,148

Parking

  • Detached Garage

Home Design

  • Duplex

Interior Spaces

  • Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • 9,148 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0809-264-0302-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,543

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Miscellaneous: Close to bus line
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached
  • Utilities: Separate elec meters

Schools

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

Lot Info

  • Estimated Aces: 0.21
  • Zoning: SR-C1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3543
  • Tax Year: 2015
  • Assessor Parcel Number: 0809-264-0302-5

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
Jul 13, 2016
Sold by
Bakken Troy and Bakken Kelly A
Bought by
Caldwell Kermit and Caldwell Kermit Randolph
Seller's Agent
Dan Bowden
Restaino & Associates
Buyer's Agent
John Karrigan
Century 21 Affiliated
List Price
$200,000
Sold Price
$192,000
Premium/Discount to List
-$8,000
-4%
Current Estimated Value
$387,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,169
Avg. Annual Appreciation
7.63%
Original Mortgage
$188,522
Outstanding Balance
$150,108
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$237,061
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
Caldwell Kermit $192,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell Kermit $188,522
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2016 07/13/16 Sold $192,000 -4.0% $101 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $200,000 -- $105 / 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
2023 $4,777 $284,100 $90,800 $193,300
2022 $9,329 $253,700 $75,700 $178,000
2021 $4,312 $213,500 $66,400 $147,100
2020 $4,321 $197,700 $61,500 $136,200
2019 $4,033 $192,000 $57,500 $134,500
2018 $4,058 $192,000 $57,500 $134,500
2017 $4,262 $192,000 $52,300 $139,700
2016 $3,481 $154,800 $52,300 $102,500
2015 $1,953 $154,800 $52,300 $102,500
2014 $3,541 $154,800 $52,300 $102,500
2013 $3,342 $150,300 $51,300 $99,000
Source: Public Records

Agents Affiliated with this Home

  • Dan Bowden

    Seller's Agent in 2016

    Dan Bowden

    Restaino & Associates

    (608) 220-5311

    1 in this area

    102 Total Sales

    Dan Bowden
    Section Image

  • J

    Buyer's Agent in 2016

    John Karrigan

    Century 21 Affiliated

    (608) 332-6636

    17 Total Sales

    John Karrigan
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1771366

South Central Wisconsin Multiple Listing Service

APN: 0809-264-0302-5

Wisconsin Dane County Madison 53704 Mendota Hills

4016 School Rd Unit 2, Madison, WI

Not Listed for Sale

MultiFamily

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