NOT LISTED FOR SALE

421 Falcon Cir Unit A Monona, WI 53716

Estimated Value: $378,000 - $406,663

4 Beds
2 Baths
1,610 Sq Ft
$246/Sq Ft Est. Value

Last Sold February 06, 2025

Last sale price $400,000 $248 Per Sq Ft

7 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Water Softener is Owned
  • Winnequah School Rated A-
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of February 2025

This charming side-by-side duplex, located in a quiet circle in desirable Monona, offers a fantastic investment opportunity. Each unit features 2 bedrooms, 1 bathroom, and a full basement with market rents of $1400-1500/month (currently below market) yielding meaningful cashflow. The property is rented to long-term tenants, providing easy management, and could also be a great option for owner-occupancy. Enjoy the benefits of living in one unit while renting out the other. The two car garage can be rented or kept for the owner's storage. Don't miss out on this rare opportunity in a prime location!

Last Listed By

Paul Haviland

Stark Company, REALTORS Brokerage Phone: 608-843-4442 License #57800-90 Listed on: 01/14/2025

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,173

Year Built

  • Built in 1965

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Schools

  • Winnequah Elementary School
  • Glacial Drumlin Middle School
  • Monona Grove High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Softener is Owned

Community Details

  • 2 Units
  • Interlake Replat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-204-7342-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,173

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Municipality: Monona
  • Status Detail: Sold
  • Mailing City: Monona
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side
  • Items Included: 2 range/ovens, 2 refrigerator, 2 dishwashers, 2 water softeners, 1 washer, 1 dryer, all window blinds
  • Miscellaneous: Water Softener Owned
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

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

Schools

  • School District: Monona Grove
  • Elementary School: Winnequah
  • Middle School: Glacial Drumlin
  • High School: Monona Grove
  • Elementary School: Winnequah
  • High School: Monona Grove
  • Middle School: Glacial Drumlin
  • School District: Monona Grove

Lot Info

  • Estimated Aces: 0.14
  • Zoning: Res

Rental Info

  • Total Income: 28980

Tax Info

  • Land Assessment: 36300
  • Improvements: 319500
  • Total Assessment: 355800
  • Assessment year: 2024
  • Net Taxes: 6173
  • Tax Year: 2024
  • Assessor Parcel Number: 0710-204-7342-2

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
Feb 5, 2025
Sold by
Foundation Properties Llc
Bought by
Obrenski Living Trust and Obrenski
Seller's Agent
Paul Haviland
Stark Company, REALTORS
Buyer's Agent
Tim Krueger
RE/MAX Preferred
List Price
$385,000
Sold Price
$400,000
Premium/Discount to List
$15,000
3.9%
Total Days on Market
7
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.43%

Purchase Details

Closed on
Dec 6, 2024
Sold by
Westgate Circle Llc
Bought by
Foundation Properties Llc

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
Obrenski Living Trust $400,000 None Listed On Document
Foundation Properties Llc $385,000 None Listed On Document
Foundation Properties Llc $385,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Sold $400,000 +3.9% $248 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $385,000 -- $239 / 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 $6,173 $355,800 $36,300 $319,500
2023 $6,076 $330,400 $33,000 $297,400
2021 $5,384 $269,700 $33,000 $236,700
2020 $5,538 $269,700 $33,000 $236,700
2019 $5,361 $251,000 $33,000 $218,000
2018 $5,032 $233,700 $33,000 $200,700
2017 $4,717 $214,300 $33,000 $181,300
2016 $4,454 $200,900 $33,000 $167,900
2015 $4,196 $198,500 $30,600 $167,900
2014 -- $196,100 $30,600 $165,500
2013 $3,981 $180,300 $30,600 $149,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1991875

South Central Wisconsin Multiple Listing Service

APN: 0710-204-7342-2