NOT LISTED FOR SALE

4602 Martha Ln Madison, WI 53714

Rolling Meadows Neighborhood

Estimated Value: $391,000 - $477,000

4 Beds
2 Baths
2,416 Sq Ft
$177/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $312,300 $129 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,675/month

Highlights

  • Wood Flooring
  • Accessible Bedroom
  • 1-Story Property
  • Laundry Room
  • Accessible Full Bathroom
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

Check out this well maintained side by side duplex that is set up perfectly for an investor to add to their portfolio or an owner occupant! Each unit features 2 bedrooms, 1 full bath, spacious living room and additional rec room and storage area in the basement. 4604 updates include refinished hardwood floors, updated kitchen (cabinets, hardware, microwave, countertops, faucet) and newer mechanicals! Don't forget about the 2 car detached garage or the back patio/yard space!

Last Agent to Sell the Property

Daniel Tenney

MHB Real Estate License #55376-90 Listed on: 09/13/2021

Last Buyer's Agent

Joffre Pedretti

Keller Williams Realty License #84142-94

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,381

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Laundry Room
  • Washer and Dryer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 2 Covered Spaces
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Kennedy Elementary School
  • Whitehorse Middle School
  • Lafollette High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Softener is Owned
  • High Speed Internet

Community Details

  • 2 Units
  • Rolling Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-102-1102-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,381

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Excluded: Seller/Tenant's personal property
  • Items Included: Refrigerator (2), Range/Oven (2), Microwave (1), Dishwasher (2), Disposal (2), Washer/Dryer (2), Water Softener (2), All Window Coverings/Blinds
  • Miscellaneous: Water Softener Owned, Internet - Cable
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished, Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Washers: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2

Utilities

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

Schools

  • Elementary School: Kennedy
  • High School: Lafollette
  • Middle School: Whitehorse
  • School District: Madison

Lot Info

  • Estimated Aces: 0.24
  • Zoning: SR-C3

Rental Info

  • Total Income: 12480

Tax Info

  • Net Taxes: 4381
  • Tax Year: 2020
  • Assessor Parcel Number: 0710-102-1102-8

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 25, 2021
Sold by
Rutkowski Michael J and Coyer Jarod Jameson
Bought by
Remis Dylan F
Seller's Agent
Daniel Tenney
MHB Real Estate
Buyer's Agent
Joffre Pedretti
Keller Williams Realty
List Price
$314,900
Sold Price
$312,300
Premium/Discount to List
-$2,600
-0.83%
Current Estimated Value
$427,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,943
Avg. Annual Appreciation
8.13%
Original Mortgage
$265,455
Outstanding Balance
$242,595
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$184,648

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 12, 2021
Sold by
Koch Patricia K and Michael J Koch Estate
Bought by
Rutkowski Michael J and Coyer Jarod Jameson
Seller's Agent
Jo Ferraro
EXP Realty, LLC
Buyer's Agent
Jo Ferraro
EXP Realty, LLC
List Price
$249,900
Sold Price
$257,000
Premium/Discount to List
$7,100
2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.93%
Original Mortgage
$10,340
Interest Rate
2.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Remis Dylan F $312,300 None Available
Rutkowski Michael J $257,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Remis Dylan F $265,455
Previous Owner Rutkowski Michael J $10,340
Previous Owner Rutkowski Michael J $244,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2021 10/25/21 Sold $312,300 -0.8% $129 / Sq Ft
09/13/2021 09/13/21 For Sale $314,900 +22.5% $130 / Sq Ft
03/12/2021 03/12/21 Sold $257,000 +2.8% $70 / Sq Ft View Prior Sale
02/15/2021 02/15/21 For Sale $249,900 -2.8% $68 / Sq Ft
02/15/2021 02/15/21 Off Market $257,000 -- --
02/12/2021 02/12/21 For Sale $249,900 -- $68 / 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 $12,905 $369,200 $75,900 $293,300
2023 $6,046 $335,600 $68,600 $267,000
2021 $4,823 $228,300 $61,400 $166,900
2020 $4,381 $198,500 $57,400 $141,100
2019 $4,349 $192,700 $55,700 $137,000
2018 $4,262 $192,700 $55,700 $137,000
2017 $4,123 $180,100 $50,600 $129,500
2016 $4,237 $180,100 $50,600 $129,500
2015 $4,283 $180,100 $50,600 $129,500
2014 $4,286 $180,100 $50,600 $129,500
2013 $4,073 $180,100 $50,600 $129,500
Source: Public Records

Agents Affiliated with this Home

  • Daniel Tenney

    Seller's Agent in 2021

    Daniel Tenney

    MHB Real Estate

    (608) 333-5362

    6 in this area

    1,789 Total Sales

    Daniel Tenney
    Section Image
  • Jo Ferraro

    Seller's Agent in 2021

    Jo Ferraro

    EXP Realty, LLC

    (608) 445-2287

    7 in this area

    1,011 Total Sales

    Jo Ferraro
    Section Image
  • Joffre Pedretti

    Buyer's Agent in 2021

    Joffre Pedretti

    Keller Williams Realty

    (608) 698-8503

    1 in this area

    249 Total Sales

    Joffre Pedretti
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1919610

South Central Wisconsin Multiple Listing Service

APN: 0710-102-1102-8

Wisconsin Dane County Madison 53714 Rolling Meadows

4602 Martha Ln, Madison, WI

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