Seller's Agent in 2023
Daniel Tenney
MHB Real Estate
(608) 333-5362
8 in this area
1,807 Total Sales
5826 Russett Rd Madison, WI 53711
Meadowood NeighborhoodEstimated Value: $551,663 - $608,000
12
Beds
4
Baths
3,800
Sq Ft
$150/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Eat-In Kitchen
- Outdoor Storage
- Vel Phillips Memorial High School Rated A
- Property is near a bus stop
- Water Softener is Owned
About This Home
As of May 2023Fantastic investment opportunity! This convenient west Madison 4 unit sits quietly behind Raymond Rd, near bus lines & schools. All units feature spacious living rooms, roomy kitchens, 3 bedrooms & 1 full bath with tub/shower combo. The shared basement has individual W/D hookups, private storage, and plenty of additional room for bikes or larger items. With lot parking in the rear, easy access to public transit and a private management company, this property is ready to round out your portfolio! All units are occupied. Please be courteous & remove shoes when entering apartments. Basement electrical hookups for tenants' electric W/D are connected to each individual apartment's electrical meter and the unit breaker panel located in each unit.
Last Agent to Sell the Property
MHB Real Estate License #55376-90 Listed on: 03/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,227
Year Built
- Built in 1960
Lot Details
- 0.25
Home Design
- Brick Exterior Construction
Interior Spaces
- Family Room
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Oven or Range
Basement
- Basement Fills Entire Space Under The House
- Shared Basement
Parking
- 4 Open Parking Spaces
- Outside Parking
Schools
- Orchard Ridge Elementary School
- Toki Middle School
- Memorial High School
Utilities
- Radiant Heating System
- Separate Meters
- Water Softener is Owned
Additional Features
- Outdoor Storage
- 0.25 Acre Lot
- Property is near a bus stop
Community Details
- 4 Units
- Meadowood First Addn Subdivision
Listing and Financial Details
- Assessor Parcel Number 0709-313-1020-8
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2023
Closed on
May 26, 2023
Sold by
Blaschka Living Trust
Bought by
Cunha Carlos
Seller's Agent
Daniel Tenney
MHB Real Estate
Buyer's Agent
Katie Lichtie
NextHome Metro
List Price
$499,900
Sold Price
$470,000
Premium/Discount to List
-$29,900
-5.98%
Views
228
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,666
Avg. Annual Appreciation
8.27%
Original Mortgage
$329,000
Outstanding Balance
$320,203
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$249,463
Purchase Details
Closed on
Mar 16, 2022
Sold by
James Blaschka Randy and James Elizabeth Sharon
Bought by
Blaschka Living Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cunha Carlos | $470,000 | None Listed On Document | |
| Blaschka Living Trust | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cunha Carlos | $329,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/26/2023 05/26/23 | Sold | $470,000 | -6.0% | $124 / Sq Ft |
| 03/09/2023 03/09/23 | For Sale | $499,900 | -- | $132 / Sq Ft |
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 | $16,474 | $470,000 | $132,000 | $338,000 |
| 2023 | $7,680 | $425,000 | $120,000 | $305,000 |
| 2021 | $7,460 | $351,000 | $99,000 | $252,000 |
| 2020 | $6,774 | $305,000 | $98,500 | $206,500 |
| 2019 | $6,462 | $290,000 | $98,500 | $191,500 |
| 2018 | $6,313 | $270,000 | $98,500 | $171,500 |
| 2017 | $5,753 | $250,000 | $98,500 | $151,500 |
| 2016 | $6,114 | $258,400 | $94,500 | $163,900 |
| 2015 | $5,888 | $246,400 | $94,500 | $151,900 |
| 2014 | $5,892 | $246,400 | $94,500 | $151,900 |
| 2013 | $7,895 | $246,400 | $94,500 | $151,900 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Tenney
-
Katie Lichtie
Buyer's Agent in 2023
Katie Lichtie
NextHome Metro
(608) 347-5525
1 in this area
55 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1951293
APN: 0709-313-1020-8
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