NOT LISTED FOR SALE

Estimated Value: $609,000 - $713,000

8 Beds
4 Baths
3,400 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $406,700 $120 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,191/month

49 Days on Market

Highlights

  • Fenced Yard
  • Property is near bus stop
  • Central Air
  • Balcony
  • Outdoor Storage
  • Water Softener is Owned

About This Home

As of July 2018

This well maintained building boasts many recent improvements, including newer: roof, zone valves, thermostats, water softener, downspouts, insulation, energy upgrades, flooring, counter tops, patio doors & more. Great tenants, including 2 sets of long term tenants. On the edge of the Sandburg neighborhood, the locations has remained popular among applicants for it's many neighborhood offerings & urban amenities. Easy to rent year round, no vacancies.

Last Agent to Sell the Property

Alise Wasserburger

Realty Executives Cooper Spransy License #79610-94 Listed on: 05/01/2018

Realty Executives Cooper Spransy

Last Buyer's Agent

Matt McGrady

The McGrady Group, LLC License #53795-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,225

Year Built

  • Built in 1969

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced Yard

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Parking

  • 8 Open Parking Spaces
  • Outside Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Property is near bus stop

Schools

  • Sandburg Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 0810-281-0710-1

Community Details

Overview

  • 4 Units
  • Sandburg Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $25,344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,225

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Fenced yard
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Steam
  • Parking Stalls Outside: 8

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 15280

Schools

  • Elementary School: Sandburg
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.21
  • Zoning: SR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 45108

Tax Info

  • Net Taxes: 6225
  • Tax Year: 2018
  • Assessor Parcel Number: 0810-281-0710-1

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Ogunsola Kenneth and Ogunsola Claire
Bought by
Ogunsola Living Trust and Ogunsola
Current Estimated Value
$675,674

Purchase Details

Listed on
May 1, 2018
Closed on
Jul 13, 2018
Sold by
Swell Properties Llc
Bought by
Ogunsola Claire and Ogunsola Kenneth
Seller's Agent
Alise Wasserburger
Realty Executives Cooper Spransy
Buyer's Agent
Matt McGrady
The McGrady Group, LLC
List Price
$440,000
Sold Price
$406,700
Premium/Discount to List
-$33,300
-7.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$325,360
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2015
Closed on
Jan 15, 2016
Sold by
Comeg Llc
Bought by
Swell Properties Llc
Seller's Agent
Steven Seeliger
South Central Non-Member
Buyer's Agent
Jessica Riphenburg
South Central Non-Member
List Price
$875,000
Sold Price
$950,000
Premium/Discount to List
$75,000
8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.68%
Original Mortgage
$788,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2010
Sold by
Laplant Gregg J and Laplant Tricia L
Bought by
Gjl & Tll Revocable Living Trust

Purchase Details

Closed on
Feb 27, 2006
Sold by
Veng Sinnary and Veng Kimyanna
Bought by
Comeg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.22%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ogunsola Living Trust -- None Listed On Document
Ogunsola Claire $406,700 Knight Barry Title
Swell Properties Llc $950,000 Nations Title Agency Mn Inc
Gjl & Tll Revocable Living Trust -- None Available
Laplant Gregg J -- None Available
Comeg Llc $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ogunsola Claire $325,360
Previous Owner Swell Properties Llc $788,000
Previous Owner Comeg Llc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2018 07/18/18 Sold $406,700 +1.9% $120 / Sq Ft
06/12/2018 06/12/18 Price Changed $399,000 -5.0% $117 / Sq Ft
05/08/2018 05/08/18 Price Changed $420,000 -4.5% $124 / Sq Ft
05/01/2018 05/01/18 For Sale $440,000 -53.7% $129 / Sq Ft
01/15/2016 01/15/16 Sold $950,000 +8.6% $396 / Sq Ft View Prior Sale
11/27/2015 11/27/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $875,000 -- $365 / 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
2023 $8,137 $450,000 $86,000 $364,000
2022 $16,277 $415,000 $78,000 $337,000
2021 $8,836 $415,000 $71,000 $344,000
2020 $9,059 $406,700 $71,000 $335,700
2019 $9,095 $406,700 $71,000 $335,700
2018 $6,007 $270,200 $70,700 $199,500
2017 $6,225 $270,200 $70,700 $199,500
2016 $6,397 $270,200 $64,700 $205,500
2015 $6,094 $254,900 $64,700 $190,200
2014 $6,098 $254,900 $64,700 $190,200
2013 $7,337 $247,900 $64,700 $183,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1829148

South Central Wisconsin Multiple Listing Service

APN: 0810-281-0710-1