S
Seller's Agent in 2016
Susan Oshman
South Central Non-Member
408 North St Unit B Madison, WI 53704
Emerson East NeighborhoodEstimated Value: $454,000 - $533,307
4
Beds
2
Baths
1,872
Sq Ft
$256/Sq Ft
Est. Value
Highlights
- 1.33 Acre Lot
- Forced Air Heating and Cooling System
- Washer and Dryer
- Den
- Dining Room
About This Home
As of July 2016Solid 2-flat with great rental history! This gem has been updated in recent years. Owners occupied for several years before renting. Updates unclude: new roof & siding, & electrical update-2001; new kitchens/bath-2005; hardwood floors refinished-2007. In addition to 2 bedrooms per unit, upper unit has sunroom (den) & rear porch. Plus, fenced yard. French doors for at least one unit stored in the basement. Units are currently underrented at $800/mo + all utilities. Both could easily fetch $1000 - $1100 when they renew in 30 and 60 days. Better yet, owner occupy and get half your mortgage paid!
Last Agent to Sell the Property
Susan Oshman
South Central Non-Member License #55419-90 Listed on: 05/26/2016
Last Buyer's Agent
Susan Oshman
South Central Non-Member License #55419-90 Listed on: 05/26/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,365
Year Built
- Built in 1925
Lot Details
- 1.33 Acre Lot
Home Design
- Duplex
- Poured Concrete
- Vinyl Siding
Interior Spaces
- Dining Room
- Den
- Basement Fills Entire Space Under The House
- Washer and Dryer
Kitchen
- Oven or Range
- Dishwasher
Schools
- Emerson Elementary School
- Sherman Middle School
- East High School
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 0710-061-1038-3
Community Details
Overview
- 2 Units
- Madison Square Riley Plat Subdivision
Building Details
- Net Operating Income $14,435
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 15, 2019
Sold by
Zerwer Ryan W and Zerwer Rachael K
Bought by
Oak Owl Llc
Current Estimated Value
Purchase Details
Listed on
May 26, 2016
Closed on
Jul 22, 2016
Sold by
Garber Jonathan A and Tyus Derek L
Bought by
Zerwer Ryan R and Zerwer Rachael
Seller's Agent
Susan Oshman
South Central Non-Member
Buyer's Agent
Susan Oshman
South Central Non-Member
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$180,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2007
Sold by
Garber Jonathan
Bought by
Garber Jonathan A and Tyus Derek L
Purchase Details
Closed on
May 15, 2006
Sold by
Rowe Chadwick R
Bought by
Garber Jonathan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,920
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oak Owl Llc | -- | None Available | |
| Zerwer Ryan R | $240,000 | Attorney | |
| Garber Jonathan A | $89,500 | None Available | |
| Garber Jonathan | $249,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Zerwer Ryan R | $180,000 | |
| Previous Owner | Garber Jonathan | $199,920 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/25/2016 07/25/16 | Sold | $240,000 | -4.0% | $128 / Sq Ft |
| 06/08/2016 06/08/16 | Pending | -- | -- | -- |
| 05/26/2016 05/26/16 | For Sale | $249,900 | -- | $133 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $15,380 | $439,100 | $97,500 | $341,600 |
| 2023 | $7,231 | $400,400 | $91,100 | $309,300 |
| 2021 | $6,656 | $313,600 | $73,300 | $240,300 |
| 2020 | $6,446 | $290,400 | $67,900 | $222,500 |
| 2019 | $6,472 | $290,400 | $67,900 | $222,500 |
| 2018 | $5,868 | $264,000 | $67,900 | $196,100 |
| 2017 | $5,520 | $240,000 | $61,700 | $178,300 |
| 2016 | $5,577 | $236,000 | $61,700 | $174,300 |
| 2015 | $5,365 | $218,300 | $55,500 | $162,800 |
| 2014 | $5,211 | $218,300 | $55,500 | $162,800 |
| 2013 | $5,008 | $211,900 | $53,900 | $158,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1777026
APN: 0710-061-1038-3
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