NOT LISTED FOR SALE

Estimated Value: $819,682 - $864,000

8 Beds
3 Baths
3,338 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $465,000 $139 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,413/month

70 Days on Market

Highlights

  • Balcony
  • Hamilton Middle School Rated A
  • Forced Air Heating System

About This Home

As of May 2017

Exceptionally maintained three unit in the Bassett neighborhood has fantastic rental history. The second floor front bedroom cries out for an owner occupant with tons of glass, direct balcony access, and a wealth of floor space for a private oasis. Owners have cared for their properties "by the book", hiring only reputable professional contractors like Pertzborn for mechanical system repairs. Two of three furnaces are newer as are most appliances. Entire front porch rebuilt around 2008, reroofed with complete tear-off in 2012, and commercial grade leaf guard gutters.Tenants pay gas, elec., w&s

Last Agent to Sell the Property

Greg Stroupe

Real Broker LLC License #27930-94 Listed on: 01/19/2017

Last Buyer's Agent

Charles Wills

The Wills Agency License #56729-90

The Wills Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,697

Year Built

  • Built in 1909

Lot Details

  • 2,178

Home Design

  • Duplex
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Dishwasher

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Forced Air Heating System
  • Water Softener Leased

Additional Features

  • Basement Fills Entire Space Under The House
  • Balcony
  • 2,178 Sq Ft Lot

Community Details

  • 3 Units
  • Net Operating Income $42,480

Listing and Financial Details

  • Assessor Parcel Number 0709-231-2622-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,697

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Miscellaneous: Water Softener Rented
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer

Schools

  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.05
  • Zoning: DR2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 42480

Tax Info

  • Net Taxes: 8697
  • Tax Year: 2015
  • Assessor Parcel Number: 0709-231-2622-5

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 2
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2017
Closed on
May 15, 2017
Sold by
Chamberlain Gary F and Chamberlain Theresa K
Bought by
Johnson Neil and Johnson Julia
Seller's Agent
Greg Stroupe
Real Broker LLC
Buyer's Agent
Charles Wills
The Wills Agency
List Price
$480,000
Sold Price
$465,000
Premium/Discount to List
-$15,000
-3.12%
Current Estimated Value
$846,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,921
Avg. Annual Appreciation
7.28%
Original Mortgage
$348,525
Outstanding Balance
$289,682
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$557,239
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
Johnson Neil $465,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Neil $348,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2017 05/15/17 Sold $465,000 -3.1% $139 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $480,000 -- $144 / Sq Ft
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 $23,286 $662,400 $84,800 $577,600
2023 $11,228 $619,100 $84,800 $534,300
2021 $11,986 $561,500 $80,800 $480,700
2020 $10,892 $488,300 $78,400 $409,900
2019 $10,410 $465,000 $59,800 $405,200
2018 $10,394 $465,000 $59,800 $405,200
2017 $9,241 $399,500 $59,800 $339,700
2016 $9,129 $380,500 $54,400 $326,100
2015 $8,697 $345,100 $54,400 $290,700
2014 $8,283 $345,100 $54,400 $290,700
2013 $7,753 $335,000 $51,300 $283,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1793292

South Central Wisconsin Multiple Listing Service

APN: 0709-231-2622-5