NOT LISTED FOR SALE

Estimated Value: $484,000 - $598,000

8 Beds
4 Baths
4,000 Sq Ft
$135/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $223,000 $56 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $3,312/month

527 Days on Market

Highlights

  • Eat-In Kitchen
  • Central Air
  • Low Pile Carpeting
  • Property is near bus stop
  • Water Softener is Owned

About This Home

As of September 2012

Solid East side 4 unit income property. Has Rental Weatherization Certificate!Great rental history! Close to East Washington buslines, & EastTowne Mall. Electricty is individually metered and there is one central boiler that provides heat to all units. New roof 2009. New Boiler 2008, New Water Heater 2006, Easy to rent and priced right.

Last Agent to Sell the Property

Lisa Kratcha

Restaino & Associates License #47268-94 Listed on: 03/04/2011

Restaino & Associates

Last Buyer's Agent

Jim Schuessler

Stark Company, REALTORS License #63398-94

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 9,500

Parking

  • Outside Parking

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Utilities

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

Additional Features

  • Basement Windows
  • Low Pile Carpeting
  • 9,500 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 4 Units
  • Net Operating Income $25,331

Listing and Financial Details

  • Assessor Parcel Number 0810-284-0106-6

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

9,500 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Barrier Free: Low pile or no carpeting
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full size windows/Exposed, Finished
  • Number Units W Ac: 4
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel

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: 9769

Schools

  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Madison

Lot Info

  • Estimated Lot Sq Ft: 9500
  • Zoning: R4
  • Lot Size: 95x100
  • Geo Subdivision: WI

Rental Info

  • Total Income: 35100

Tax Info

  • Net Taxes: 6123
  • Tax Year: 2011
  • Assessor Parcel Number: 0810-284-0106-6

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2011
Closed on
Sep 27, 2012
Sold by
Friske Jonathon D and Friske Diane L
Bought by
Wagner Timothy J
Seller's Agent
Lisa Kratcha
Restaino & Associates
Buyer's Agent
Jim Schuessler
Stark Company, REALTORS
List Price
$259,000
Sold Price
$223,000
Premium/Discount to List
-$36,000
-13.9%
Current Estimated Value
$538,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,665
Avg. Annual Appreciation
6.81%
Original Mortgage
$167,250
Outstanding Balance
$116,197
Interest Rate
3.58%
Mortgage Type
Commercial
Estimated Equity
$422,469
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
Wagner Timothy J $223,000 Dane County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Timothy J $167,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2012 09/27/12 Sold $223,000 -13.9% $56 / Sq Ft
08/12/2012 08/12/12 Pending -- -- --
03/04/2011 03/04/11 For Sale $259,000 -- $65 / 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
2024 $16,828 $480,000 $94,000 $386,000
2023 $7,772 $430,000 $88,000 $342,000
2022 $14,534 $371,000 $80,000 $291,000
2021 $6,858 $323,000 $73,000 $250,000
2020 $6,639 $299,000 $73,000 $226,000
2019 $6,350 $285,000 $73,000 $212,000
2018 $5,800 $261,000 $72,500 $188,500
2017 $5,567 $242,000 $72,500 $169,500
2016 $5,721 $242,000 $65,500 $176,500
2015 $5,491 $230,000 $65,500 $164,500
2014 $5,494 $230,000 $65,500 $164,500
2013 $6,123 $223,000 $65,500 $157,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1617689

South Central Wisconsin Multiple Listing Service

APN: 0810-284-0106-6

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