NOT LISTED FOR SALE

Estimated Value: $277,240 - $391,000

3 Beds
4 Baths
1,910 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: February 24, 2022

Last sale price $253,000 $132 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,247 / mo

14 Days on Market

Highlights

  • Detached Garage
  • Accessible Full Bathroom
  • Property is near bus stop
  • Eat-In Kitchen
  • Bathroom on Main Level
  • Forced Air Heating System

About This Home

As of February 2022

Great 3-unit investment opportunity. One 2-bedroom and one 1-bedroom leased MTM for new owner flexibility. 3rd unit is a former Commercial/Barber Shop Space that has recently been updated with new paint, flooring and lighting and is vacant. Newer water heater and furnace that service the entire building. Zoned PD with a special use for a barber shop. Buyer to confirm zoning/change of use with the City of Madison if desired. Detached garage. One utility bill split amongst the 3 tenants. Close to schools, shopping, Hwy 51, Lake Monona. *SF is approximate, verify if important.

Last Agent to Sell the Property

Teri Bell

608 Real Estate LLC License #54680-90 Listed on: 01/07/2022

Last Buyer's Agent

Teri Bell

608 Real Estate LLC License #54680-90 Listed on: 01/07/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,171

Year Built

  • Built in 1916

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Siding

Interior Spaces

  • Bathroom on Main Level
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • Detached Garage
  • 4 Open Parking Spaces
  • Driveway Level
  • On-Street Parking

Schools

  • Allis Elementary School
  • Sennett Middle School
  • Lafollette High School

Additional Features

  • Accessible Full Bathroom
  • Property is near bus stop
  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0710-161-1117-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,171

Year Built

Built in 1916

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: First floor full bath, Level drive, Level lot
  • Items Excluded: Tenant's personal belongings, washer, dryer
  • Items Included: Unit 1: 2 bedroom: stove, refrigerator Unit 2: 1 bedroom: stove, refrigerator
  • Miscellaneous: Close to bus line
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 1
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Detached, 1 space, 2 spaces

Schools

  • Elementary School: Allis
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison

Lot Info

  • Estimated Aces: 0.13
  • Zoning: PD
  • Geo Subdivision: WI

Rental Info

  • Total Income: 19500

Tax Info

  • Net Taxes: 4171
  • Tax Year: 2021
  • Assessor Parcel Number: 0710-161-1117-3

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of Efficiencies: 1
  • Number Of Units: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 24, 2022
Sold by
Bought by
Seller's Agent
Teri Bell
608 Real Estate LLC
Buyer's Agent
Teri Bell
608 Real Estate LLC
List Price
$275,000
Sold Price
$253,000
Premium/Discount to List
-$22,000
-8%
Current Estimated Value
$327,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,413
Avg. Annual Appreciation
6.03%
Original Mortgage
$207,200
Interest Rate
0.0355%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2015
Closed on
Nov 3, 2015
Sold by
Bought by
Seller's Agent
Keith Baal
South Central Non-Member
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$159,500
Sold Price
$140,000
Premium/Discount to List
-$19,500
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$253,000 None Listed On Document
$140,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $207,200
Previous Owner $136,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2022 02/24/22 Sold $253,000 -8.0% $132 / Sq Ft
01/07/2022 01/07/22 For Sale $275,000 +96.4% $144 / Sq Ft
11/03/2015 11/03/15 Sold $140,000 -12.2% $82 / Sq Ft View Prior Sale
09/20/2015 09/20/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $159,500 -- $93 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,614 $305,800 $65,000 $240,800
2023 $4,536 $253,000 $65,000 $188,000
2022 $9,857 $253,000 $65,000 $188,000
2021 $7,185 $198,000 $19,000 $179,000
2020 $4,167 $189,000 $19,000 $170,000
2019 $3,981 $180,000 $19,000 $161,000
2018 $3,728 $169,000 $18,500 $150,500
2017 $3,514 $154,000 $18,500 $135,500
2016 $3,276 $140,000 $16,500 $123,500
2015 $3,747 $150,000 $16,500 $133,500
2014 $3,556 $150,000 $16,500 $133,500
2013 $4,080 $198,400 $16,500 $181,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1925866

South Central Wisconsin Multiple Listing Service

APN: 0710-161-1117-3

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