NOT LISTED FOR SALE

Estimated Value: $401,897 - $493,000

6 Beds
2 Baths
1,970 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $347,000 $176 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,369/month

5 Days on Market

Highlights

  • Property is near bus stop
  • Water Softener is Owned
  • Wood Siding
  • Hamilton Middle School Rated A
  • Laundry Facilities
  • 4-minute walk to Newville (Kenneth) Park

About This Home

As of August 2022

Updated, owner managed, two flat located just south of Bay Creek with easy access to Downtown, Park St & the Beltline! Two Units (same floor plans) Both 3 Bed / 1 Bath (985 sqft/level). Updated Kitchens/Baths/Lighting/Floors/Paint Newer Windows/Doors, Nice Yard Space & Off-Street Parking, Separate Electric, On Site Laundry, Located in Bram’s Addition, Nearby Park St Redevelopments. Unit 1 $1,480 through 2/2023, Unit 2 $1,385 & month to month.

Last Agent to Sell the Property

The Hub Team

The Hub Realty Listed on: 07/14/2022

Last Buyer's Agent

Matthew Lindholm

Bruner Realty & Management License #89947-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,934

Year Built

  • Built in 1964

Lot Details

  • 5,227

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 2 Open Parking Spaces
  • 1 Covered Space
  • Outside Parking

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • 5,227 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 2 Units
  • Laundry Facilities
  • Net Operating Income $23,226

Listing and Financial Details

  • Assessor Parcel Number 0709-351-0303-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,934

Year Built

Built in 1964

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, 2 flat-up and down
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1964
  • 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: Wood, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Inside: 1
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, Outside
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 11154

Schools

  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.12
  • Zoning: TR-C2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 34380

Tax Info

  • Net Taxes: 5934
  • Tax Year: 2021
  • Assessor Parcel Number: 0709-351-0303-9

Multi Family

  • Number Of3 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 24, 2022
Sold by
Halfberg Enterprise Llc
Bought by
Weiner Thomas John and Weiner Kathryn
Seller's Agent
The Hub Team
The Hub Realty
Buyer's Agent
Matthew Lindholm
Bruner Realty & Management
List Price
$357,000
Sold Price
$347,000
Premium/Discount to List
-$10,000
-2.8%
Current Estimated Value
$439,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,724
Avg. Annual Appreciation
7.28%
Original Mortgage
$277,600
Outstanding Balance
$263,431
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$176,293

Purchase Details

Listed on
Nov 2, 2020
Closed on
Dec 18, 2020
Sold by
Bram St Re Llc
Bought by
Halfberg Enterprise Llc
Seller's Agent
Paul Richters
The Hub Realty
Buyer's Agent
Katie Schmitz
The Hub Realty
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Original Mortgage
$254,450
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2020
Sold by
Richters Paul
Bought by
Bram St Re Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,058
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2019
Sold by
Lee Chang and Vang Mee
Bought by
Richters Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2016
Sold by
Her Yeng and Her Chao
Bought by
Lee Chang and Vang Mee

Purchase Details

Closed on
Oct 10, 2013
Sold by
Lee Chang and Vang Mee
Bought by
Lee Chang and Lee Mee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
4.58%
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
Weiner Thomas John $347,000 None Listed On Document
Halfberg Enterprise Llc $280,000 Wisconsin Title & Escrow Llc
Bram St Re Llc -- None Available
Richters Paul $168,000 None Available
Lee Chang -- Attorney
Lee Chang -- Nations Title Agency Mn Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiner Thomas John $277,600
Previous Owner Halfberg Enterprise Llc $254,450
Previous Owner Bram St Re Llc $202,058
Previous Owner Richters Paul $205,000
Previous Owner Lee Chang $103,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2022 08/24/22 Sold $347,000 -2.8% $176 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $357,000 +27.5% $181 / Sq Ft
12/18/2020 12/18/20 Sold $280,000 0.0% $142 / Sq Ft View Prior Sale
11/02/2020 11/02/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $280,000 -- $142 / 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 $12,866 $368,100 $60,800 $307,300
2023 $7,237 $344,000 $56,800 $287,200
2021 $5,934 $280,000 $45,300 $234,700
2020 $4,086 $185,400 $45,300 $140,100
2019 $4,350 $185,400 $45,300 $140,100
2018 $3,717 $168,500 $26,900 $141,600
2017 $3,271 $143,600 $26,900 $116,700
2016 $3,048 $130,500 $26,900 $103,600
2015 $3,081 $130,500 $26,900 $103,600
2014 $3,084 $130,500 $26,900 $103,600
2013 $2,930 $130,500 $26,900 $103,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1939311

South Central Wisconsin Multiple Listing Service

APN: 0709-351-0303-9