NOT LISTED FOR SALE

Estimated Value: $485,000 - $546,000

5 Beds
3 Baths
2,346 Sq Ft
$217/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $310,000 $132 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,169/month

4 Days on Market

About This Home

As of December 2018

Looking for an investment property? Let this be it with the potential for $32,160 in annual rents. Current owner has updated electrical system, windows, some vinyl siding on rear, water heater, as well as completed foundation repair. Pre-inspection has been completed by seller. Don't wait, a property in this condition will not be available for long! Property is currently managed by Prima Management through 7/31/19. Need minimum 48 hours to show occupied units. First Floor is currently vacant. UHP Warranty included in sale. All information to be verifyed by buyer if material.

Last Agent to Sell the Property

Andrew Crooks

T R McKenzie Inc. License #58500-90 Listed on: 10/15/2018

Co-Listed By

Lou Elson

EXIT Realty HGM License #59086-90

Last Buyer's Agent

Alison Kane

Stark Company, REALTORS License #58999-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,281

Year Built

  • Built in 1916

Lot Details

  • 5,807 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Block Basement Construction

Parking

  • 3 Open Parking Spaces
  • Outside Parking

Schools

  • Emerson Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 3 Units
  • Riley Plat Madison Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-061-0824-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,281

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 3 story
  • Items Excluded: Water Softener is Rented
  • Items Included: 3 Stoves, 3 Refrigerators, 1 Washer, 1 Dryer, all window coverings
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block foundation
  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 3

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters

Schools

  • Elementary School: Emerson
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.1333
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 32160

Tax Info

  • Net Taxes: 5281
  • Tax Year: 2018
  • Assessor Parcel Number: 0710-061-0824-7

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 2
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Nov 28, 2018
Sold by
546 North Llc
Bought by
Davison Family Trust
Seller's Agent
Andrew Crooks
T R McKenzie Inc.
Buyer's Agent
Alison Kane
Stark Company, REALTORS
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Current Estimated Value
$508,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,408
Avg. Annual Appreciation
7.46%
Original Mortgage
$232,500
Outstanding Balance
$205,246
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$303,162

Purchase Details

Closed on
Mar 18, 2013
Sold by
Anchorbank Fsb
Bought by
546 North Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2012
Sold by
D & M Nelson Properties Llc
Bought by
Anchorbank Fsb
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
Davison Family Trust $310,000 None Available
546 North Llc $115,000 Dane County Title Co
Anchorbank Fsb $108,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davison Family Trust $232,500
Previous Owner 546 North Llc $80,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2018 12/12/18 Sold $310,000 -1.6% $132 / Sq Ft
10/15/2018 10/15/18 For Sale $315,000 -- $134 / 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 $15,461 $441,400 $53,900 $387,500
2023 $7,452 $412,500 $50,400 $362,100
2021 $7,112 $334,800 $40,500 $294,300
2020 $6,886 $310,000 $37,500 $272,500
2019 $6,914 $310,000 $35,700 $274,300
2018 $5,487 $232,200 $35,700 $196,500
2017 $5,282 $215,000 $35,700 $179,300
2016 $4,500 $155,000 $35,700 $119,300
2015 $3,917 $155,700 $31,500 $124,200
2014 $3,694 $155,700 $31,500 $124,200
2013 $4,616 $151,200 $30,600 $120,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1843593

South Central Wisconsin Multiple Listing Service

APN: 0710-061-0824-7