$4,050,000
SOLD NOV 15, 2024

4999 Marsh Rd McFarland, WI 53558

-- Bed
-- Bath
6,901 Sq Ft
2.03 Acres

Recently Sold

$587 Per Sq Ft

19% Below List Price

52 Days on Market

Highlights

  • 2.03 Acre Lot
  • Wood Flooring
  • En-Suite Primary Bedroom
  • McFarland High School Rated A-
  • Balcony
  • Property is near a bus stop

About This Home

As of November 2024

We are pleased to present an exceptional investment opportunity in McFarland, Wisconsin. This 2021-built complex features seven meticulously designed duplexes, totaling 14 rental units. Located in a desirable residential neighborhood, these properties offer modern amenities and sustainable living, attracting both tenants and investors. McFarland blends small-town charm with urban conveniences, close to top-rated schools, parks, shopping, and dining. The area's ongoing development and infrastructure investment enhance the property's value. This opportunity aligns perfectly with portfolio goals, offering stability and growth in a high-demand rental market. Don't miss out on this prime asset for your investment strategy.

Last Agent to Sell the Property

Jo Ferraro

EXP Realty, LLC Brokerage Phone: 608-838-1377 Listed on: 07/10/2024

EXP Realty, LLC

Last Buyer's Agent

James Stopple

Madison Property Management, Inc. License #12003-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $87,566

Year Built

  • Built in 2021

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 20 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Central Air
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Softener is Owned

Additional Features

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Balcony
  • 2.03 Acre Lot
  • Property is near a bus stop

Community Details

  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number 0710-353-2329-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$87,566

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Municipality: McFarland
  • Status Detail: Sold
  • Mailing City: McFarland
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, Townhouse style units
  • Items Excluded: Seller and Tenant Personal Property
  • Items Included: 14 Refrigerators, Washer and Dryers, Ovens, and Dishwashers
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Noi Year: 2024
  • Year Built: 2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn, Sump pump
  • Number Dish Washers: 14
  • Number Dryers: 14
  • Number Furnaces: 14
  • Number Refrigerators: 14
  • Number Stoves: 14
  • Number Washers: 14
  • Number Water Heaters: 14
  • Number Water Softeners: 14

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Parking Stalls Outside: 20

Utilities

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

Schools

  • School District: McFarland
  • Elementary School: Call School District
  • Middle School: Call School District
  • High School: Mcfarland
  • Elementary School: Call School District
  • High School: Mcfarland
  • Middle School: Call School District
  • School District: McFarland

Lot Info

  • Estimated Aces: 2.025
  • Zoning: R-3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 438574

Tax Info

  • Land Assessment: 141000
  • Improvements: 5293600
  • Total Assessment: 5386200
  • Assessment year: 2024
  • Net Taxes: 87566
  • Tax Year: 2024
  • Assessor Parcel Number: 0710-353-2329-9

Multi Family

  • Number Of3 Bedrooms: 14
  • Number Of Units: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Nov 13, 2024
Sold by
Camop Llc
Bought by
Marsh Road Homes Llc
Seller's Agent
Jo Ferraro
EXP Realty, LLC
Buyer's Agent
James Stopple
Madison Property Management, Inc.
List Price
$4,995,000
Sold Price
$4,050,000
Premium/Discount to List
-$945,000
-18.92%
Views
113
Current Estimated Value
$3,962,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,040
Avg. Annual Appreciation
-3.62%
Original Mortgage
$2,835,000
Outstanding Balance
$2,821,068
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$1,141,892

Purchase Details

Closed on
Jan 18, 2021
Sold by
Midland Builders Inc
Bought by
Camop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,500,000
Interest Rate
2.6%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $4,050,000 First American Title
Special Warranty Deed $10,197,800 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,835,000 New Conventional
Previous Owner $8,500,000 Commercial
Previous Owner $3,000,000 Construction
Previous Owner $283,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $4,050,000 -18.9% $587 / Sq Ft
09/16/2024 09/16/24 For Sale $4,995,000 +23.3% $724 / Sq Ft
09/11/2024 09/11/24 Off Market $4,050,000 -- --
08/12/2024 08/12/24 For Sale $4,995,000 +23.3% $724 / Sq Ft
08/11/2024 08/11/24 Off Market $4,050,000 -- --
07/11/2024 07/11/24 For Sale $4,995,000 +23.3% $724 / Sq Ft
07/11/2024 07/11/24 Off Market $4,050,000 -- --
07/10/2024 07/10/24 For Sale $4,995,000 0.0% $724 / Sq Ft
11/10/2023 11/10/23 For Rent $2,300 -- --
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 $86,845 $5,435,100 $141,500 $5,293,600
2023 $87,495 $5,386,200 $108,800 $5,277,400
2021 $49,209 $2,595,000 $108,800 $2,486,200
2020 $48,450 $2,495,000 $108,800 $2,386,200
2019 $7,655 $385,600 $108,800 $276,800
2018 $2,240 $108,800 $108,800 $0
2017 $2,305 $108,800 $108,800 $0
2016 $2,341 $108,800 $108,800 $0
2015 $2,296 $108,800 $108,800 $0
2014 $2,411 $108,800 $108,800 $0
2013 $3,268 $150,600 $150,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Jo Ferraro

    Seller's Agent in 2024

    Jo Ferraro

    EXP Realty, LLC

    (608) 445-2287

    31 in this area

    1,075 Total Sales

    Jo Ferraro
    Section Image
  • James Stopple

    Buyer's Agent in 2024

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    4 in this area

    90 Total Sales

    James Stopple
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1981227

South Central Wisconsin Multiple Listing Service

APN: 0710-353-2329-9

Wisconsin Dane County McFarland 53558

4999 Marsh Rd, McFarland, WI

This home is located at 4999 Marsh Rd, McFarland, WI 53558 and is currently priced at $4,050,000, approximately $586 per square foot. This property was built in 2021. 4999 Marsh Rd is a home located in Dane County with nearby schools including 4K McFarland, McFarland Primary School, and Waubesa Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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