NOT LISTED FOR SALE

Estimated Value: $760,000 - $1,037,000

5 Beds
4 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold May 19, 2021

Last sale price $603,000

Est. 46% increase in value since last sale

Current estimated payment $5,513/month

About This Home

Rare investment opportunity in downtown Madison. Charming brick 4-unit in the Bassett neighborhood four blocks from the Capital and just 5 blocks to the Kohl Center. First time offered for sale in 50 years. Original woodwork and hardwoods throughout. Pictures are from a previous year's turnover. All units are currently rented through 8/14/2021. Landlord pays heat and water/sewer. Unit #1 pays $85 fixed montly toward utility usage (see docs for MGE averages). Unit #2 cannot be viewed at this time however there is a virtual video tour link for #2 highlighted on this page. Building is being sold in "AS-IS" condition. All offers due by 12:00 pm on Tuesday, March 23, 2021. Please allow through 3/25/2021 for acceptance.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
May 19, 2021
Sold by
Sprague John L and Sprague Mary A
Bought by
Hp Condor Group Llc
Seller's Agent
Andrew Stebnitz
Restaino & Associates
Buyer's Agent
Diana Hause
Realty Profiles, LLC
List Price
$575,000
Sold Price
$603,000
Premium/Discount to List
$28,000
4.87%
Current Estimated Value
$880,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,667
Avg. Annual Appreciation
8.16%
Original Mortgage
$440,000
Outstanding Balance
$394,484
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$486,183

Purchase Details

Closed on
May 10, 2019
Sold by
Sprague John L and Sprague Mary A
Bought by
Sprague John R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hp Condor Group Llc $603,000 None Available
Sprague John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hp Condor Group Llc $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2021 05/19/21 Sold $603,000 +4.9% -- View Prior Sale
04/29/2021 04/29/21 For Sale $575,000 0.0% --
03/24/2021 03/24/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $575,000 -- --

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
2023 $11,245 $620,000 $136,000 $484,000
2022 $23,728 $603,000 $124,000 $479,000
2021 $11,461 $535,000 $113,000 $422,000
2020 $10,838 $485,900 $112,100 $373,800
2019 $10,362 $462,900 $112,100 $350,800
2018 $9,851 $440,900 $112,100 $328,800
2017 $10,207 $440,900 $112,100 $328,800
2016 $10,133 $419,900 $102,100 $317,800
2015 $9,605 $380,900 $102,100 $278,800
2014 $9,150 $380,900 $102,100 $278,800
2013 $8,633 $369,900 $102,100 $267,800
Source: Public Records

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