NOT LISTED FOR SALE

Estimated Value: $562,000 - $651,000

3 Beds
3 Baths
1,877 Sq Ft
$328/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $567,000 $302 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,195/month

5 Days on Market

Highlights

  • Forced Air Heating System
  • Marquette Elementary Rated A-
  • Wood Siding

About This Home

As of July 2023

Turnkey 3 unit in the heart of all of the action. Just steps away from Willy Street Coop, restaurants, bars, coffee shops, bike paths, downtown Madison and more! Upgraded throughout with tenants paying all gas/electric. Four off street parking spaces. Under rented, but leased through August 2024. Leases Aug '23-'24 / Unit 1 (1BD+) - $1,200, Unit 2 (2BD)- $1,450, Unit 3 (Studio) - $1,020. Also available by same owner is 1040 Jenifer (3 unit) and 1224 Jenifer (4 unit).

Last Agent to Sell the Property

The Hub Team

The Hub Realty Listed on: 06/05/2023

Last Buyer's Agent

The Hub Team

The Hub Realty Listed on: 06/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,680

Year Built

  • Built in 1907

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Wood Siding

Interior Spaces

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

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 071007229224

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,680

Year Built

Built in 1907

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 3 story
  • Items Excluded: Tenant's personal property
  • Items Included: All appliances, all washer(s)/dryer(s), all HVAC, water softener(s), water heater(s)
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 3
  • Number Dryers: 3
  • Number Units W Ac: 3
  • Number Washers: 3
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 4

Utilities

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

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.08
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 44040

Tax Info

  • Net Taxes: 8680
  • Tax Year: 2022
  • Assessor Parcel Number: 071007229224

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Efficiencies: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jul 13, 2023
Sold by
Koltes Craig J
Bought by
Liou Yongchia
Seller's Agent
The Hub Team
The Hub Realty
Buyer's Agent
The Hub Team
The Hub Realty
List Price
$567,000
Sold Price
$567,000
Views
43
Current Estimated Value
$616,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,249
Avg. Annual Appreciation
3.13%
Original Mortgage
$548,076
Outstanding Balance
$531,702
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$84,547

Purchase Details

Closed on
May 1, 2019
Sold by
Christel Properties Llc
Bought by
Koltes Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Chrsitel Karl P
Bought by
Christel Properties Llc
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
Liou Yongchia $567,000 None Listed On Document
Koltes Craig $285,300 None Available
Christel Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liou Yongchia $548,076
Previous Owner Koltes Craig $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2023 07/13/23 Sold $567,000 0.0% $302 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $567,000 -- $302 / Sq Ft
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
2025 $11,438 $618,000 $106,900 $511,100
2024 $19,908 $567,000 $106,900 $460,100
2023 $8,698 $464,400 $106,900 $357,500
2022 $17,763 $442,300 $101,800 $340,500
2021 $9,057 $421,200 $101,800 $319,400
2020 $6,501 $285,000 $96,000 $189,000
2019 $7,527 $337,200 $87,300 $249,900
2018 $7,154 $321,100 $83,900 $237,200
2017 $6,731 $291,900 $77,000 $214,900
2016 $6,584 $278,000 $70,600 $207,400
2015 $6,333 $252,200 $62,800 $189,400
2014 $6,032 $252,200 $62,800 $189,400
2013 $5,566 $244,900 $60,400 $184,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1957204

South Central Wisconsin Multiple Listing Service

APN: 0710-072-2922-4

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