NOT LISTED FOR SALE

413 Chamberlain Ave Madison, WI 53726

Regent Neighborhood

Estimated Value: $1,060,443 - $1,163,000

8 Beds
4 Baths
3,360 Sq Ft
$331/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $740,000 $220 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,897/month

2 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Water Softener is Owned
  • Randall Elementary School Rated A
  • Detached Garage
  • Laundry Facilities

About This Home

As of September 2020

All brick 4-unit in popular University Heights area! Immaculately maintained & cared for by current owners for over 28 years. Market gross income estimate with no improvements is $77K+ annually. All four apartments have replica floor plans with hardwood flooring, split bedrooms for privacy or home office. Four car garage, on site shed and private garden/patio/deck. Windows (2002), Roof (2004), Boiler (2005), All New Electric (2014), H2O Softener (2016), Two H2O Heaters (2016). Bright, high ceiling basement with 2 coin op washers/dryers, 4 storage closets & private owner storage/workshop room. Showings to start 8/21.

Last Agent to Sell the Property

Katie Schmitz

The Hub Realty License #58120-90 Listed on: 08/05/2020

Last Buyer's Agent

Les Orosz

The Hub Realty License #33059-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,139

Year Built

  • Built in 1928

Lot Details

  • 6,534

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Kitchen

  • Oven or Range
  • Dishwasher

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Additional Features

  • Balcony
  • 6,534 Sq Ft Lot

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-222-0303-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,139

Year Built

Built in 1928

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
  • Miscellaneous: Shared laundry, Water Softener Owned
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Dryers: 2
  • Number Washers: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Detached
  • Utilities: Separate elec meters

Schools

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

Lot Info

  • Estimated Aces: 0.15
  • Zoning: TR-U1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 53640

Tax Info

  • Net Taxes: 7139
  • Tax Year: 2019
  • Assessor Parcel Number: 0709-222-0303-2

Multi Family

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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
Fm Madison Properties Llc
Bought by
413 Chamberlain Avenue Llc
Current Estimated Value
$1,113,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,800
Outstanding Balance
$528,127
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$585,484

Purchase Details

Listed on
Aug 5, 2020
Closed on
Sep 9, 2020
Sold by
Ohnstad David R and Ohnstad Charlene E
Bought by
Fm Madison Properties Llc
Seller's Agent
Katie Schmitz
The Hub Realty
Buyer's Agent
Les Orosz
The Hub Realty
List Price
$747,000
Sold Price
$740,000
Premium/Discount to List
-$7,000
-0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
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

Date Buyer Sale Price Title Company
413 Chamberlain Avenue Llc $580,800 Knight Barry Title
Fm Madison Properties Llc $740,000 Wisconsin Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 413 Chamberlain Avenue Llc $580,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2020 09/09/20 Sold $740,000 -0.9% $220 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $747,000 +0.9% $222 / Sq Ft
08/05/2020 08/05/20 Off Market $740,000 -- --
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 $13,803 $760,000 $222,000 $538,000
2022 $29,157 $740,000 $202,000 $538,000
2021 $15,823 $740,000 $184,000 $556,000
2020 $7,470 $336,000 $184,000 $152,000
2019 $7,139 $320,000 $184,000 $136,000
2018 $6,710 $301,400 $184,000 $117,400
2017 $6,953 $301,400 $184,000 $117,400
2016 $6,738 $284,400 $167,000 $117,400
2015 $6,614 $263,400 $167,000 $96,400
2014 $6,304 $263,400 $167,000 $96,400
2013 $7,279 $263,400 $167,000 $96,400
Source: Public Records

Agents Affiliated with this Home

  • Katie Schmitz

    Seller's Agent in 2020

    Katie Schmitz

    The Hub Realty

    (608) 556-4400

    1 in this area

    72 Total Sales

    Katie Schmitz
    Section Image

  • L

    Buyer's Agent in 2020

    Les Orosz

    The Hub Realty

    (608) 515-4350

    1 in this area

    9 Total Sales

    Les Orosz
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1890144

South Central Wisconsin Multiple Listing Service

APN: 0709-222-0303-2

Wisconsin Dane County Madison 53726 Regent

413 Chamberlain Ave, Madison, WI

Not Listed for Sale

MultiFamily

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