NOT LISTED FOR SALE

Estimated Value: $455,000 - $513,000

4 Beds
4 Baths
2,052 Sq Ft
$234/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $183,500 $89 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $3,027/month

25 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating and Cooling System
  • Family Room
  • Eat-In Kitchen
  • Water Softener is Owned
  • 4-minute walk to Lake Edge Park

About This Home

As of April 2013

Exceptional opportunity for investor looking for updated rental duplex in a quiet yet convenient eastside location. Upgrades include newer roof, windows, water heaters, oak interior trim, range/oven, hood fan, refrigerators, dishwashers, carpet & recently painted interior. Tenants pay all utilities including water/sewer. 3 car garage w/indiv. openers plus additional parking space. Park across the street and YMCA 1/4 block from property. Excellent rental history. 4023 available for showings. 24+ hrs

Last Agent to Sell the Property

Jan McGee

Stark Company, REALTORS License #52471-94 Listed on: 02/16/2013

Stark Company, REALTORS

Last Buyer's Agent

Doug Noot

EXP Realty, LLC License #52645-90

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,635

Year Built

  • Built in 1975

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Family Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway Level

Schools

  • Allis Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Community Details

  • 2 Units
  • Net Operating Income $18,676

Listing and Financial Details

  • Assessor Parcel Number 0710-094-0325-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,635

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 2 story
  • Barrier Free: Level drive, Level lot
  • Miscellaneous: Water Softener Owned
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • 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: 1 stall garage, Detached, 2 spaces, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 500

Schools

  • Elementary School: Allis
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison

Lot Info

  • Estimated Aces: 0.19
  • Zoning: RES
  • Geo Subdivision: WI

Rental Info

  • Total Income: 19176

Tax Info

  • Net Taxes: 3635
  • Tax Year: 2012
  • Assessor Parcel Number: 0710-094-0325-6

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2013
Closed on
Apr 12, 2013
Sold by
Rush Steve P and Rush Kelly R
Bought by
Potter Jeremy M
Seller's Agent
Jan McGee
Stark Company, REALTORS
Buyer's Agent
Doug Noot
EXP Realty, LLC
List Price
$188,500
Sold Price
$183,500
Premium/Discount to List
-$5,000
-2.65%
Current Estimated Value
$479,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,456
Avg. Annual Appreciation
7.77%
Original Mortgage
$155,975
Outstanding Balance
$110,047
Interest Rate
3.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$369,909

Purchase Details

Closed on
Aug 29, 2005
Sold by
Feeney Stanely M and Feeney Maria A
Bought by
Rush Steven P and Rush Kelly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
5.93%
Mortgage Type
New Conventional
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
Potter Jeremy M $183,500 None Available
Rush Steven P $173,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Jeremy M $155,975
Previous Owner Rush Steven P $138,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2013 04/12/13 Sold $183,500 -2.7% $89 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
02/16/2013 02/16/13 For Sale $188,500 -- $92 / 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 $7,231 $400,400 $83,800 $316,600
2022 $13,642 $348,500 $68,100 $280,400
2021 $6,158 $290,400 $68,100 $222,300
2020 $5,962 $268,900 $64,200 $204,700
2019 $4,117 $186,000 $64,200 $121,800
2018 $4,111 $186,000 $50,800 $135,200
2017 $4,260 $186,000 $50,800 $135,200
2016 $3,995 $170,000 $47,900 $122,100
2015 $3,822 $161,100 $47,900 $113,200
2014 $3,825 $161,100 $47,900 $113,200
2013 $3,635 $161,100 $47,900 $113,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1676186

South Central Wisconsin Multiple Listing Service

APN: 0710-094-0325-6

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