NOT LISTED FOR SALE

Estimated Value: $783,000 - $919,000

8 Beds
4 Baths
4,400 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $600,000 $136 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,479/month

Highlights

  • Wood Flooring
  • Balcony
  • Property is near a bus stop
  • Van Hise Elementary School Rated A
  • Accessible Bedroom
  • Outdoor Storage

About This Home

As of May 2020

Solid Brick four unit with solid rents and long term tenants, close to the bus line, West schools. Each unit offers 2 bedrooms, hardwood floors, private outdoor space for each unit, wall air conditioning unit, and 1 car garage space for each unit. The property has 4 washer and dryers on the premise along with storage in the basement. Additional living space could be built out in the lower level. Ideal for solar panels. 24 hour minimum notice for all showings, expenses upon request.

Last Agent to Sell the Property

Shelly Sprinkman

Sprinkman Real Estate License #57436-90 Listed on: 04/06/2020

Last Buyer's Agent

Wendy Dalgety

Century 21 Affiliated License #58352-90

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,222

Year Built

  • Built in 1958

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

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

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Bedroom
  • Low Pile Carpeting

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

  • Van Hise Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Separate Meters
  • Water Softener is Owned

Community Details

  • 4 Units
  • Kenmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0709-292-0503-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,222

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: First floor bedroom, Level drive, Level lot, Low pile or no carpeting
  • Items Excluded: Sellers' + Tenants' Personal Belongings
  • Items Included: All Appliances
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dish Washers: 3
  • Number Dryers: 4
  • Number Units W Ac: 4
  • Number Washers: 4
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Steam
  • Parking Stalls Inside: 4

Utilities

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

Schools

  • Elementary School: Van Hise
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.28
  • Zoning: SR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 55140

Tax Info

  • Net Taxes: 8222
  • Tax Year: 2019
  • Assessor Parcel Number: 0709-292-0503-1

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
May 22, 2020
Sold by
Costa William D P and Stahr Jennifer L
Bought by
Lister James M and Lister Wendy S
Seller's Agent
Shelly Sprinkman
Sprinkman Real Estate
Buyer's Agent
Wendy Dalgety
Century 21 Affiliated
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$868,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,470
Avg. Annual Appreciation
7.05%
Original Mortgage
$420,000
Outstanding Balance
$372,178
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$496,292
Source: Public Records

Range of Values:

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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
Lister James M $600,000 Nations Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lister James M $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $600,000 0.0% $136 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $600,000 -- $136 / 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
2024 $23,201 $660,000 $119,000 $541,000
2023 $10,879 $600,000 $108,000 $492,000
2021 $12,813 $600,000 $89,000 $511,000
2020 $8,189 $368,000 $89,000 $279,000
2019 $8,222 $368,000 $89,000 $279,000
2018 $7,804 $350,000 $88,600 $261,400
2017 $8,807 $318,300 $88,600 $229,700
2016 $7,263 $306,300 $85,600 $220,700
2015 $7,338 $306,300 $85,600 $220,700
2014 $7,343 $306,300 $85,600 $220,700
2013 $6,773 $297,300 $85,600 $211,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1880958

South Central Wisconsin Multiple Listing Service

APN: 0709-292-0503-1