NOT LISTED FOR SALE

424 S Mills St Unit 1 Madison, WI 53715

Greenbush Neighborhood

Estimated Value: $658,000 - $923,000

4 Beds
2 Baths
2,054 Sq Ft
$369/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $312,000 $152 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $4,770/month

Highlights

  • Property is near a bus stop
  • Forced Air Heating System
  • Laundry Facilities
  • Hamilton Middle School Rated A

About This Home

As of November 2015

Excellent location & well maintained investment property in the Greenbush area! This large 2-Flat is on a HUGE lot located blocks away from campus, restaurants, zoo, hospitals & downtown. This property is always rented & has 3-4 parking stalls (can be rented for $80-$100 each). A garage could be easily built on property. Updates incl: new roof/soffits, water heater replaced ’07, furnace replaced ’04, new electrical, fresh poured concrete floor in basement, new porch, most windows, Updated baths & kitchens.

Last Agent to Sell the Property

Chris Heck

South Central Non-Member License #78985-94 Listed on: 07/13/2015

Last Buyer's Agent

Chris Heck

South Central Non-Member License #78985-94 Listed on: 07/13/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,979

Year Built

  • Built in 1904

Lot Details

  • 6,970

Parking

  • Outside Parking

Home Design

  • Duplex

Schools

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

Additional Features

  • Oven or Range
  • Basement Fills Entire Space Under The House
  • 6,970 Sq Ft Lot
  • Property is near a bus stop
  • Forced Air Heating System

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-224-3301-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,979

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Miscellaneous: Shared laundry, Close to bus line
  • Noi Year: 2014
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 1
  • Number Water Heaters: 1

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside

Schools

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

Lot Info

  • Estimated Aces: 0.16
  • Zoning: TR-C3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 24123

Tax Info

  • Land Assessment: 109500
  • Improvements: 153000
  • Total Assessment: 262500
  • Assessment year: 2015
  • Net Taxes: 5979
  • Tax Year: 2014
  • Assessor Parcel Number: 0709-224-3301-9

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2015
Closed on
Nov 20, 2015
Sold by
Redbird Enterprises Llc
Bought by
Roth Jonathan M
Seller's Agent
Chris Heck
South Central Non-Member
Buyer's Agent
Chris Heck
South Central Non-Member
List Price
$319,000
Sold Price
$312,000
Premium/Discount to List
-$7,000
-2.19%
Current Estimated Value
$758,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,775
Avg. Annual Appreciation
9.36%
Original Mortgage
$250,000
Outstanding Balance
$196,302
Interest Rate
3.74%
Mortgage Type
Commercial
Estimated Equity
$562,473

Purchase Details

Closed on
Mar 24, 2011
Sold by
Recker Clifford A and Recker Kim K Dahl
Bought by
Redbird Enterprises Llc

Purchase Details

Closed on
Jan 22, 2007
Sold by
Redbird Enterprises Llc
Bought by
Recker Clifford A and Recker Kim K Dahl
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
Roth Jonathan M $312,500 Attorney
Redbird Enterprises Llc -- None Available
Recker Clifford A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Jonathan M $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2015 11/20/15 Sold $312,000 -2.2% $152 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $319,000 -- $155 / 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 $23,084 $650,600 $231,500 $419,100
2023 $11,135 $608,000 $178,100 $429,900
2021 $10,657 $499,700 $152,800 $346,900
2020 $10,317 $462,700 $152,800 $309,900
2019 $9,956 $444,900 $146,900 $298,000
2018 $9,942 $444,900 $136,000 $308,900
2017 $9,444 $408,200 $136,000 $272,200
2016 $7,411 $312,500 $125,900 $186,600
2015 $6,278 $250,000 $104,300 $145,700
2014 $5,979 $250,000 $104,300 $145,700
2013 $6,293 $250,000 $97,500 $152,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1752733

South Central Wisconsin Multiple Listing Service

APN: 0709-224-3301-9