Seller's Agent in 2025
Jaclyn Cunningham
First Weber Inc
(704) 771-4010
1 in this area
79 Total Sales
5818 Balsam Rd Madison, WI 53711
Meadowood Neighborhood
8
Beds
4
Baths
3,200
Sq Ft
0.37
Acres
Highlights
- Property is near a bus stop
- Forced Air Heating System
- 1-minute walk to Meadowood Park
- Vel Phillips Memorial High School Rated A
- Laundry Facilities
About This Home
As of May 2025Great opportunity for an investment property in west side of Madison! This 4-unit has all 2 bedroom units and is 100% occupied with long-term tenants. GAI $31200; tenants pay heat and electric; landlord pays water& sewer. Lots of upgrades: new windows 2014, Units 1 & 2 have new kitchen cabinets, new counter tops and new floor in kitchen and dining area. Two new water heaters. full basement with storage. Very convenient location, close to bus line. Great opportunity for an investment property in West Madison! 4 unit has all 2 BRs. 100% occupied
Last Agent to Sell the Property
Gloria Zhu
South Central Non-Member License #75041-94 Listed on: 01/05/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,742
Year Built
- Built in 1959
Home Design
- Brick Exterior Construction
- Vinyl Siding
- Stone Exterior Construction
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
- Oven or Range
Parking
- 4 Open Parking Spaces
- Outside Parking
Schools
- Orchard Ridge Elementary School
- Toki Middle School
- Memorial High School
Utilities
- Forced Air Heating System
- Separate Meters
- Individual Controls for Heating
Additional Features
- 0.37 Acre Lot
- Property is near a bus stop
Listing and Financial Details
- Assessor Parcel Number 0609-062-0320-7
Community Details
Overview
- 4 Units
- Meadowwood Subdivision
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2025
Closed on
May 7, 2025
Sold by
Dogiso Mesele M
Bought by
Blake Elizabeth
Seller's Agent
Jaclyn Cunningham
First Weber Inc
Buyer's Agent
Lauren Jung
RE/MAX Preferred
List Price
$565,000
Sold Price
$590,000
Premium/Discount to List
$25,000
4.42%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-42.62%
Original Mortgage
$501,500
Outstanding Balance
$501,500
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$50,450
Purchase Details
Closed on
Mar 1, 2022
Sold by
Urkato Negalign M
Bought by
Dogiso Mesele M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 12, 2021
Sold by
N & M Star Llc
Bought by
Urkato Negalign M and Dogiso Mesele M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 5, 2019
Closed on
Aug 2, 2019
Sold by
Lee Symon
Bought by
N & M Star Llc
Seller's Agent
Gloria Zhu
South Central Non-Member
Buyer's Agent
Michael Paumen
Compass Real Estate Wisconsin
List Price
$335,000
Sold Price
$275,000
Premium/Discount to List
-$60,000
-17.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%
Original Mortgage
$210,000
Interest Rate
3.73%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 11, 2013
Closed on
Apr 9, 2013
Sold by
Pfr Investments Llc
Bought by
Lee Symon
Seller's Agent
Donald Dantinne
South Central Non-Member
Buyer's Agent
Gloria Zhu
South Central Non-Member
List Price
$195,000
Sold Price
$170,000
Premium/Discount to List
-$25,000
-12.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$136,000
Interest Rate
3.46%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $590,000 | None Listed On Document | |
| Quit Claim Deed | $151,500 | None Listed On Document | |
| Quit Claim Deed | $293,800 | Nations Title | |
| Warranty Deed | $275,000 | None Available | |
| Warranty Deed | $170,000 | Dane County Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $501,500 | New Conventional | |
| Previous Owner | $248,500 | New Conventional | |
| Previous Owner | $252,000 | New Conventional | |
| Previous Owner | $210,000 | Commercial | |
| Previous Owner | $136,000 | Commercial | |
| Previous Owner | $0 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2025 05/07/25 | Sold | $590,000 | +4.4% | $184 / Sq Ft |
| 04/04/2025 04/04/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | For Sale | $565,000 | +105.5% | $177 / Sq Ft |
| 08/02/2019 08/02/19 | Sold | $275,000 | -8.3% | $86 / Sq Ft |
| 06/10/2019 06/10/19 | Price Changed | $299,900 | -3.2% | $94 / Sq Ft |
| 04/08/2019 04/08/19 | Price Changed | $309,900 | -7.5% | $97 / Sq Ft |
| 01/18/2019 01/18/19 | For Sale | $335,000 | +21.8% | $105 / Sq Ft |
| 01/08/2019 01/08/19 | Off Market | $275,000 | -- | -- |
| 01/05/2019 01/05/19 | For Sale | $335,000 | +97.1% | $105 / Sq Ft |
| 04/09/2013 04/09/13 | Sold | $170,000 | -12.8% | -- |
| 02/06/2013 02/06/13 | Pending | -- | -- | -- |
| 01/11/2013 01/11/13 | For Sale | $195,000 | -- | -- |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $16,297 | $465,000 | $136,000 | $329,000 |
| 2023 | $9,484 | $405,000 | $124,000 | $281,000 |
| 2021 | $6,428 | $303,000 | $103,000 | $200,000 |
| 2020 | $6,100 | $275,000 | $103,000 | $172,000 |
| 2019 | $6,194 | $275,000 | $103,000 | $172,000 |
| 2018 | $5,817 | $255,000 | $102,700 | $152,300 |
| 2017 | $5,473 | $231,300 | $102,700 | $128,600 |
| 2016 | $5,410 | $222,300 | $98,700 | $123,600 |
| 2015 | $5,038 | $211,300 | $98,700 | $112,600 |
| 2014 | $5,041 | $211,300 | $98,700 | $112,600 |
| 2013 | $5,344 | $211,300 | $98,700 | $112,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jaclyn Cunningham
-
Jeff Kuhl
Seller Co-Listing Agent in 2025
Jeff Kuhl
First Weber Inc
(608) 220-1543
2 in this area
84 Total Sales
-
Lauren Jung
Buyer's Agent in 2025
Lauren Jung
RE/MAX
(608) 334-8635
1 in this area
25 Total Sales
-
G
Seller's Agent in 2019
Gloria Zhu
South Central Non-Member
-
Michael Paumen
Buyer's Agent in 2019
Michael Paumen
Compass Real Estate Wisconsin
(608) 213-3550
167 Total Sales
-
D
Seller's Agent in 2013
Donald Dantinne
South Central Non-Member
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1847781
APN: 0609-062-0320-7
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