NOT LISTED FOR SALE

Estimated Value: $431,372 - $599,000

8 Beds
4 Baths
3,600 Sq Ft
$150/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $208,800 $58 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $3,320/month

211 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Eat-In Kitchen
  • West High School Rated A
  • Balcony
  • Accessible Bedroom

About This Home

As of July 2014

Recently updated and very well maintained brick 4-unit in residential neighborhood. Property is on a bus line, is easily rented and currently 100% occoupied. Coin-op laundry. Mechanicals maintained and in excellent shape. See list of updates in Docs. Investment details on the Executive Summary. Prefer 48-hours notice for showings

Last Agent to Sell the Property

Heidi Uhrig

Glass Slipper Homes, LLC License #53350-90 Listed on: 09/10/2013

Last Buyer's Agent

Emily Christian

South Central Non-Member License #70525-94

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters

Additional Features

  • Balcony
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-324-1603-9

Community Details

Overview

  • 4 Units
  • Crawford Heights Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $18,832

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Level drive, Level lot, Width of hallways 36"+, Door openings 29" or more, Low pile or no carpeting
  • Miscellaneous: Shared laundry, Close to bus line
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

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

Fee Information

  • Total Expenses: 13266

Schools

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

Lot Info

  • Estimated Aces: 0.22
  • Zoning: R4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 32098

Tax Info

  • Net Taxes: 5916
  • Tax Year: 2012
  • Assessor Parcel Number: 0709-324-1603-9

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2013
Closed on
Jun 27, 2014
Sold by
Rare Black Llc
Bought by
Housing Initiatives Inc
Seller's Agent
Heidi Uhrig
Glass Slipper Homes, LLC
Buyer's Agent
Emily Christian
South Central Non-Member
List Price
$235,000
Sold Price
$208,800
Premium/Discount to List
-$26,200
-11.15%
Current Estimated Value
$541,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,324
Avg. Annual Appreciation
8.53%
Original Mortgage
$172,800
Interest Rate
4.11%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 1, 2012
Closed on
Aug 29, 2012
Sold by
J & F Properties Llc
Bought by
Rare Black Llc
Seller's Agent
Gerardo Jimenez
Sprinkman Real Estate
Buyer's Agent
Heidi Uhrig
Glass Slipper Homes, LLC
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.80%
Original Mortgage
$176,000
Interest Rate
3.48%
Mortgage Type
Commercial
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
Housing Initiatives Inc $208,800 None Available
Rare Black Llc $220,000 Dane County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Housing Initiatives Inc $172,800
Previous Owner Rare Black Llc $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2014 07/02/14 Sold $208,800 -11.1% $58 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
09/10/2013 09/10/13 For Sale $235,000 +6.8% $65 / Sq Ft
08/29/2012 08/29/12 Sold $220,000 -4.3% $61 / Sq Ft View Prior Sale
07/09/2012 07/09/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $229,900 -- $64 / 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
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $5,672 $0 $0 $0
2018 $0 $0 $0 $0
2017 $5,252 $0 $0 $0
2016 $5,252 $0 $0 $0
2015 $5,252 $220,000 $90,900 $129,100
2014 $5,252 $220,000 $90,900 $129,100
2013 $5,672 $220,000 $90,900 $129,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1696634

South Central Wisconsin Multiple Listing Service

APN: 0709-324-1603-9

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