NOT LISTED FOR SALE

Estimated Value: $685,000 - $750,000

7 Beds
3 Baths
3,350 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $720,000 $215 Per Sq Ft

Current estimated payment $5,349/month

27 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Eat-In Kitchen
  • West High School Rated A
  • Balcony
  • Home Security System

About This Home

As of July 2024

Discover a prime investment opportunity in 4310 Mohawk Drive! This beautifully updated 3-unit property features high-end finishes throughout, ensuring a luxurious living experience for tenants. Each unit is equipped with separate electrical meters and enjoys the added safety of a modern sprinkler system. Tenants will appreciate the convenience of a dedicated garage stall for each unit and the expansive lot that includes a shared patio, perfect for outdoor gatherings. Located in a sought-after central Madison area, this property is just steps away from Monroe Street and the UW Arboretum, offering a serene environment ideal for commuters with easy access to urban amenities. Don't miss your chance to invest in this exceptional property with its premium finishes and practical amenities.

Last Agent to Sell the Property

Cheng Real Estat Group

Real Broker LLC Listed on: 05/23/2024

Last Buyer's Agent

Cheng Real Estat Group

Real Broker LLC Listed on: 05/23/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,108

Year Built

  • Built in 1950

Lot Details

  • 10,019

Interior Spaces

  • 3-Story Property
  • Dining Room
  • Den
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Shared Basement

Home Security

  • Home Security System
  • Fire Sprinkler System

Parking

  • Garage
  • 1 Open Parking Space
  • Garage Door Opener

Schools

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

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Balcony
  • 10,019 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-324-0305-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,108

Year Built

Built in 1950

Lot Details

0

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 items.
  • Items Included: Refrigerator x3, Stove/Oven x3, Dishwasher x3, Microwave x3, Washer x1, Dryer x2, all window AC units.
  • Miscellaneous: Security system, Shared laundry, Close to bus line, Water Softener Owned, Building Sprinkler System
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partial, Finished, Partially finished
  • Number Dish Washers: 3
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Inside: 3
  • Parking Stalls Outside: 1

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, 2 stall garage, Detached, Opener inc
  • Utilities: Separate elec meters

Schools

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

Lot Info

  • Estimated Aces: 0.23
  • Zoning: SR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 60000

Tax Info

  • Net Taxes: 9108
  • Tax Year: 2023
  • Assessor Parcel Number: 0709-324-0305-2

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of3 Bedrooms: 2
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 19, 2024
Sold by
N-Plex Llc
Bought by
Pyramids Llc
Seller's Agent
Cheng Real Estat Group
Real Broker LLC
Buyer's Agent
Cheng Real Estat Group
Real Broker LLC
List Price
$850,000
Sold Price
$720,000
Premium/Discount to List
-$130,000
-15.29%
Views
53
Current Estimated Value
$720,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526
Avg. Annual Appreciation
0.05%
Original Mortgage
$500,000
Outstanding Balance
$493,583
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$226,943

Purchase Details

Closed on
Mar 17, 2022
Sold by
Maldonado Michael J
Bought by
N-Plex Llc

Purchase Details

Closed on
Sep 23, 2020
Sold by
Marx Jared C
Bought by
Maldonado Michael J

Purchase Details

Listed on
Apr 6, 2016
Closed on
Aug 1, 2016
Sold by
Willis Karen
Bought by
Maldonado Michael and Marx Jared
Seller's Agent
Matt Morrissey
HouseReward.com
Buyer's Agent
Pat Carney
South Central Non-Member
List Price
$325,000
Sold Price
$292,900
Premium/Discount to List
-$32,100
-9.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$240,550
Interest Rate
3.56%
Mortgage Type
New Conventional
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
Pyramids Llc $720,000 Nations Title
N-Plex Llc -- Simonini Reno J
Maldonado Michael J $201,000 None Available
Maldonado Michael $292,900 Nations Title Agency Mn Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pyramids Llc $500,000
Previous Owner Maldonado Michael $240,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $720,000 -9.9% $215 / Sq Ft
06/10/2024 06/10/24 Price Changed $799,000 -6.0% $239 / Sq Ft
05/23/2024 05/23/24 For Sale $850,000 +190.2% $254 / Sq Ft
08/01/2016 08/01/16 Sold $292,900 -9.9% -- View Prior Sale
07/07/2016 07/07/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $325,000 -- --
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 $18,892 $538,300 $175,400 $362,900
2023 $9,108 $503,100 $146,200 $356,900
2021 $8,557 $402,000 $119,700 $282,300
2020 $8,953 $402,000 $119,700 $282,300
2019 $8,989 $402,000 $119,700 $282,300
2018 $8,545 $382,900 $108,800 $274,100
2017 $6,754 $292,900 $106,700 $186,200
2016 $6,807 $287,300 $102,600 $184,700
2015 $6,675 $278,900 $99,600 $179,300
2014 $6,679 $278,900 $99,600 $179,300
2013 $6,102 $268,200 $95,800 $172,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1977821

South Central Wisconsin Multiple Listing Service

APN: 0709-324-0305-2