NOT LISTED FOR SALE

5815 Raymond Rd Madison, WI 53711

Meadowood Neighborhood

Estimated Value: $604,000 - $610,895

8 Beds
4 Baths
3,500 Sq Ft
$174/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $362,000 $103 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,559/month

7 Days on Market

Highlights

  • Balcony
  • Eat-In Kitchen
  • Outdoor Storage
  • Vel Phillips Memorial High School Rated A
  • Property is near a bus stop
  • 3-minute walk to Meadowood Park

About This Home

As of July 2018

5-unit brick building at gross rent of $43,560 annual. The rent is below market value. All units could have higher rent. Each unit has one parking spot behind the building, basement has coined-laundry facility, and generous sized storage locker for each unit; Separately metered electric and gas for Unit 1-4; Unit 5 is a 400 sq. ft. studio added on by previous owner that boasts a fireplace. Current rate for Unit 5 is $500 per month. Updates include 4 furnaces & AC 2015, one water heater 2016; newer doors, cabinets, carpets in some units; 48 hrs notice for any showings.

Last Agent to Sell the Property

Yishu Jiang

Tri-River Realty License #57358-90 Listed on: 06/15/2018

Last Buyer's Agent

Crystal Hagedorn

EXP Realty, LLC License #80370-94

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,336

Year Built

  • Built in 1963

Lot Details

  • 0.26

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 5 Open Parking Spaces
  • Outside Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Orchard Ridge Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener Leased

Additional Features

  • 0.26 Acre Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0609-062-0303-3

Community Details

Overview

  • 5 Units
  • 0609 062 0303 3 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,336

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Rented
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Units W Ac: 5
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 5

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Orchard Ridge
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Estimated Aces: 0.261
  • Zoning: SR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 43560

Tax Info

  • Net Taxes: 6336
  • Tax Year: 2017
  • Assessor Parcel Number: 0609-062-0303-3

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of Efficiencies: 1
  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Cohen Steven M
Bought by
Real Properties Llc
Current Estimated Value
$607,448

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 27, 2018
Sold by
Elegant Properties Llc
Bought by
Cohen Steven M
Seller's Agent
Yishu Jiang
Tri-River Realty
Buyer's Agent
Crystal Hagedorn
EXP Realty, LLC
List Price
$349,000
Sold Price
$362,000
Premium/Discount to List
$13,000
3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$343,900
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2015
Closed on
Dec 11, 2015
Sold by
Casper Michael R
Bought by
Elegant Properties Llc
Seller's Agent
Ronald Beaton
Anchor Real Estate, LLC
Buyer's Agent
Yishu Jiang
Tri-River Realty
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Real Properties Llc -- None Available
Cohen Steven M $382,000 None Available
Elegant Properties Llc $275,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Steven M $343,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2018 07/27/18 Sold $362,000 +3.7% $103 / Sq Ft
06/15/2018 06/15/18 For Sale $349,000 +26.9% $100 / Sq Ft
12/11/2015 12/11/15 Sold $275,000 -8.0% $79 / Sq Ft View Prior Sale
09/14/2015 09/14/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $299,000 -- $85 / 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 $16,474 $470,000 $117,000 $353,000
2023 $7,954 $440,000 $106,000 $334,000
2021 $8,084 $380,000 $87,000 $293,000
2020 $8,054 $362,000 $87,000 $275,000
2019 $8,087 $362,000 $87,000 $275,000
2018 $6,115 $275,000 $86,100 $188,900
2017 $6,337 $275,000 $86,100 $188,900
2016 $6,512 $275,000 $83,100 $191,900
2015 $5,302 $222,200 $83,100 $139,100
2014 $5,305 $222,200 $83,100 $139,100
2013 $5,619 $222,200 $83,100 $139,100
Source: Public Records

Agents Affiliated with this Home

  • Yishu Jiang

    Seller's Agent in 2018

    Yishu Jiang

    Tri-River Realty

    (608) 283-9335

    1 in this area

    127 Total Sales

    Yishu Jiang
    Section Image
  • Crystal Hagedorn

    Buyer's Agent in 2018

    Crystal Hagedorn

    EXP Realty, LLC

    (608) 628-1880

    74 Total Sales

    Crystal Hagedorn
    Section Image

  • R

    Seller's Agent in 2015

    Ronald Beaton

    Anchor Real Estate, LLC

    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1833955

South Central Wisconsin Multiple Listing Service

APN: 0609-062-0303-3

Wisconsin Dane County Madison 53711 Meadowood

5815 Raymond Rd, Madison, WI

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.

Nearby Homes