$408,000
SOLD MAY 19, 2017

4262 Lumley Rd Madison, WI 53711

Dunn's Marsh Neighborhood
8 Beds
4 Baths
4,800 Sq Ft
0.28 Acres

Recently Sold

$85 Per Sq Ft

11% Below List Price

43 Days on Market

Highlights

  • Eat-In Kitchen
  • Property is near a bus stop
  • Water Softener is Owned
  • West High School Rated A
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of June 2022

Here’s your chance to add a well kept 4 unit to your investment/asset portfolio. This 4 unit has a solid rental history and is well maintained. Floor plan for each unit is spacious and very functional. Square footage per seller.

Last Agent to Sell the Property

Lynette Porior-Arcel

First Weber Inc License #56047-90 Listed on: 03/12/2017

First Weber Inc

Last Buyer's Agent

Justin Witkins

RE/MAX Preferred License #58265-90

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,644

Year Built

  • Built in 1955

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • On-Street Parking
  • Outside Parking

Schools

  • Thoreau Elementary School
  • Cherokee Heights Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • 0.28 Acre Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-324-2011-3

Community Details

Overview

  • 4 Units
  • Marlborough Heights Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $27,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,644

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Tenants personal belongings
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Noi Year: 2016
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 1
  • Number Furnaces: 4
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Units W Ac: 4
  • Number Washers: 1
  • Number Water Heaters: 4
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

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

Utilities

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

Fee Information

  • Total Expenses: 10500

Schools

  • School District: Madison
  • Elementary School: Thoreau
  • Middle School: Cherokee Heights
  • High School: West
  • Elementary School: Thoreau
  • High School: West
  • Middle School: Cherokee Heights
  • School District: Madison

Lot Info

  • Estimated Aces: 0.28
  • Zoning: SR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 38400

Tax Info

  • Land Assessment: 98100
  • Improvements: 182400
  • Total Assessment: 280500
  • Assessment year: 2016
  • Net Taxes: 6644
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-324-2011-3

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 15, 2022
Sold by
Max Rose Justin
Bought by
Abraham Rozina Llc
Seller's Agent
Justin Witkins
RE/MAX Preferred
Buyer's Agent
Oleg Kizimenko
Real Broker LLC
List Price
$560,000
Sold Price
$575,000
Premium/Discount to List
$15,000
2.68%
Current Estimated Value
$678,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,991
Avg. Annual Appreciation
5.12%

Purchase Details

Listed on
Mar 12, 2017
Closed on
May 19, 2017
Sold by
Danielsen James W and Danilsen James Warren
Bought by
Rose Justin Max
Seller's Agent
Lynette Porior-Arcel
First Weber Inc
Buyer's Agent
Justin Witkins
RE/MAX Preferred
List Price
$459,000
Sold Price
$408,000
Premium/Discount to List
-$51,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$387,600
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2016
Sold by
Danielsen Pamela Sue
Bought by
Danielsen James Warren
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 Type Sale Price Title Company
Warranty Deed $575,000 None Listed On Document
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $387,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $575,000 +2.7% $141 / Sq Ft
05/11/2022 05/11/22 For Sale $560,000 +37.3% $137 / Sq Ft
05/19/2017 05/19/17 Sold $408,000 -11.1% $85 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
03/12/2017 03/12/17 For Sale $459,000 -- $96 / 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 $20,191 $575,000 $136,000 $439,000
2023 $10,422 $575,000 $124,000 $451,000
2021 $7,826 $368,000 $103,000 $265,000
2020 $7,111 $320,000 $103,000 $217,000
2019 $6,801 $305,000 $103,000 $202,000
2018 $6,791 $305,000 $102,100 $202,900
2017 $6,722 $291,500 $102,100 $189,400
2016 $6,644 $280,500 $98,100 $182,400
2015 $6,399 $267,500 $98,100 $169,400
2014 $6,403 $267,500 $98,100 $169,400
2013 $6,086 $267,500 $98,100 $169,400
Source: Public Records

Agents Affiliated with this Home

  • Justin Witkins

    Seller's Agent in 2022

    Justin Witkins

    RE/MAX

    (608) 843-5663

    2 in this area

    87 Total Sales

    Justin Witkins
    Section Image
  • Oleg Kizimenko

    Buyer's Agent in 2022

    Oleg Kizimenko

    Real Broker LLC

    (608) 448-9288

    1 in this area

    43 Total Sales

    Oleg Kizimenko
    Section Image

  • L

    Seller's Agent in 2017

    Lynette Porior-Arcel

    First Weber Inc

    (608) 338-5554

    1 in this area

    146 Total Sales

    Lynette Porior-Arcel
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1797131

South Central Wisconsin Multiple Listing Service

APN: 0709-324-2011-3

Wisconsin Dane County Madison 53711 Dunn's Marsh

4262 Lumley Rd, Madison, WI

This home is located at 4262 Lumley Rd, Madison, WI 53711 and is currently priced at $408,000, approximately $85 per square foot. This property was built in 1955. 4262 Lumley Rd is a home located in Dane County with nearby schools including Thoreau Elementary School, Cherokee Heights Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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