NOT LISTED FOR SALE

538 Melody Ln Verona, WI 53593

Estimated Value: $413,000 - $443,000

6 Beds
3 Baths
2,262 Sq Ft
$190/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $201,500 $89 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,730/month

Highlights

  • Balcony
  • Eat-In Kitchen
  • Water Softener is Owned
  • Sugar Creek Elementary School Rated A-
  • Central Air
  • Family Room

About This Home

As of February 2017

Two-flat duplex, good location,3 bedrooms, large living room. Nice backyard. Deck off second floor, cement patio off first floor. 1 parking spot per unit in shared 2 car garage. Selling in as is condition. Listing broker is related to seller. 24 hour notice for all showings. One new patio door and screen. New Dishwasher in lower unit.

Last Agent to Sell the Property

Molly Freitag

South Central Non-Member License #9171-90 Listed on: 07/12/2016

Last Buyer's Agent

James Stopple

Madison Property Management, Inc. License #12003-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,201

Year Built

  • Built in 1978

Lot Details

  • 10,716

Home Design

  • Duplex
  • Poured Concrete
  • Press Board Siding
  • Stucco Exterior

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Schools

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

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Family Room
  • Balcony

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0608-221-4682-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,201

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Municipality: Verona
  • Status Detail: Sold
  • Mailing City: Verona
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 2 flat-up and down
  • Miscellaneous: Water Softener Owned
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Units W Ac: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Pressed board, Stucco

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached
  • Utilities: Separate elec meters

Schools

  • Elementary School: Call School District
  • High School: Verona
  • Middle School: Call School District
  • School District: Verona

Lot Info

  • Zoning: UR
  • Geo Subdivision: WI

Rental Info

  • Total Income: 16910

Tax Info

  • Net Taxes: 4201
  • Tax Year: 2015
  • Assessor Parcel Number: 0608-221-4682-3

Multi Family

  • Number Of3 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2020
Sold by
Stielstra Clare and Rouston Cody
Bought by
Siebert Caroline
Current Estimated Value
$430,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$93,392
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$336,849

Purchase Details

Listed on
Jul 12, 2016
Closed on
Feb 10, 2017
Sold by
Alan R Freitag Trust and Freitag Alan R
Bought by
Stielstra Clare and Rouston Cody
Seller's Agent
Molly Freitag
South Central Non-Member
Buyer's Agent
James Stopple
Madison Property Management, Inc.
List Price
$219,000
Sold Price
$201,500
Premium/Discount to List
-$17,500
-7.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$151,125
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2013
Sold by
Freitag Alan R
Bought by
The Alan R Freitag Trust and Freitag Alan R
Source: Public Records

Range of Values:

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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
Siebert Caroline $300,000 None Available
Stielstra Clare $201,500 First American Title
The Alan R Freitag Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siebert Caroline $105,000
Previous Owner Stielstra Clare $151,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2017 02/10/17 Sold $201,500 -8.0% $89 / Sq Ft
12/11/2016 12/11/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $219,000 -- $97 / 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 $5,740 $335,800 $99,900 $235,900
2023 $5,542 $286,900 $95,400 $191,500
2021 $4,950 $238,900 $86,300 $152,600
2020 $5,189 $238,900 $86,300 $152,600
2019 $4,849 $192,600 $64,000 $128,600
2018 $4,789 $192,600 $64,000 $128,600
2017 $4,630 $192,600 $64,000 $128,600
2016 $4,460 $192,600 $64,000 $128,600
2015 $4,463 $192,600 $64,000 $128,600
2014 $4,463 $192,600 $64,000 $128,600
2013 $4,920 $192,600 $64,000 $128,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Molly Freitag

    South Central Non-Member

    Section Image
  • James Stopple

    Buyer's Agent in 2017

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    91 Total Sales

    James Stopple
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1781410

South Central Wisconsin Multiple Listing Service

APN: 0608-221-4682-3

Wisconsin Dane County Verona 53593

538 Melody Ln, Verona, WI

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