NOT LISTED FOR SALE

408 North St Unit B Madison, WI 53704

Emerson East Neighborhood

Estimated Value: $442,000 - $504,648

4 Beds
2 Baths
1,872 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2016

Last sale price $240,000 $128 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,266 / mo

13 Days on Market

Highlights

  • 1.33 Acre Lot
  • Detached Garage
  • Dining Room
  • Den
  • Forced Air Heating and Cooling System
  • Washer and Dryer

About This Home

As of July 2016

Solid 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

Parking

  • Detached Garage

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,365

Year Built

Built in 1925

Lot Details

1.33 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl

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, Separate gas meters

Fee Information

  • Total Expenses: 5365

Schools

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

Lot Info

  • Estimated Aces: 1.333
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 19800

Tax Info

  • Net Taxes: 5365
  • Tax Year: 2015
  • Assessor Parcel Number: 0710-061-1038-3

Multi Family

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2019
Sold by
Bought by
Current Estimated Value
$470,912

Purchase Details

Listed on
May 26, 2016
Closed on
Jul 22, 2016
Sold by
Bought by
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
7.00%
Original Mortgage
$180,000
Interest Rate
0.0354%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2007
Sold by
Bought by

Purchase Details

Closed on
May 15, 2006
Sold by
Bought by

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
0.0775%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$240,000 Attorney
$89,500 None Available
$249,900 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $180,000
Previous Owner $199,920
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,838 $478,600 $97,500 $381,100
2024 $15,380 $439,100 $97,500 $341,600
2023 $7,231 $400,400 $91,100 $309,300
2022 $13,998 $357,500 $83,600 $273,900
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

  • S

    Seller's Agent in 2016

    Susan Oshman

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1777026

South Central Wisconsin Multiple Listing Service

APN: 0710-061-1038-3

Wisconsin Dane County Madison 53704 Emerson East

408 North St Unit B, Madison, WI

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South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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