Seller's Agent in 2020
Sue Romens
EXP Realty, LLC
(608) 212-0829
2 in this area
63 Total Sales
5833 Balsam Rd Madison, WI 53711
Meadowood NeighborhoodEstimated Value: $681,000 - $726,263
10
Beds
8
Baths
4,254
Sq Ft
$164/Sq Ft
Est. Value
Highlights
- ENERGY STAR Certified Homes
- Wood Flooring
- Eat-In Kitchen
- Vel Phillips Memorial High School Rated A
- Balcony
- 4-minute walk to Meadowood Park
About This Home
As of December 2020Remarkable potential CASH FLOWING OPPORTUNITY to own 2 adjacent 4 unit townhouse bldgs w/ courtyard, patios & long term tenants. Fair market rents are $1000-$1100+/mo/2Bd & $1100-$1200+/mo/3Bd. Additional improvements will result in even greater net income.Well maintained bldgs are adjacent to single family homes, Meadowood park, Community Gardens, playground & at end of street w/ free parking. Seller updates include: newer appliances, flooring, windows, mechanicals, 12'x14' outdoor patios in courtyard. 3 of 4 units leased till 2021; great opportunity for immediate owner occupancy. Perfect location on Westside; just minutes from EPIC, Exact Sciences, Promega, Downtown, UW hospitals, EPIC, Middleton & Verona.Own 8 units: Easy maintenance, long term investment, cash flow & tax deductions. Contact List Agent for Seller’s 2020 Pre-Inspection Report prior to writing offer to purchase.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,462
Year Built
- Built in 1964
Lot Details
- 9,583 Sq Ft Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Poured Concrete
- Wood Siding
Interior Spaces
- 2-Story Property
- Low Emissivity Windows
- Entrance Foyer
- Family Room
- Wood Flooring
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Oven or Range
- Dishwasher
- ENERGY STAR Qualified Appliances
Laundry
- Laundry in unit
- Washer and Dryer
Parking
- 6 Open Parking Spaces
- Driveway Level
- Outside Parking
Accessible Home Design
- Level Entry For Accessibility
- Low Pile Carpeting
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
- Separate Water Meter
- Water Softener is Owned
Additional Features
- ENERGY STAR Certified Homes
- Property is near bus stop
Community Details
- 4 Units
- Meadowood Subdivision
Listing and Financial Details
- Assessor Parcel Number 0609-062-0408-1
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2020
Closed on
Dec 11, 2020
Sold by
Bought by
Seller's Agent
Sue Romens
EXP Realty, LLC
Buyer's Agent
Joffre Pedretti
Keller Williams Realty
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
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
$201,566
Avg. Annual Appreciation
6.37%
Original Mortgage
$396,000
Outstanding Balance
$348,340
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$348,226
Purchase Details
Closed on
Nov 13, 2007
Sold by
Bought by
Purchase Details
Closed on
Dec 13, 2006
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $495,000 | None Available | ||
| -- | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $396,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2020 12/11/20 | Sold | $495,000 | 0.0% | $116 / Sq Ft |
| 10/20/2020 10/20/20 | Price Changed | $495,000 | -5.7% | $116 / Sq Ft |
| 09/05/2020 09/05/20 | For Sale | $525,000 | +6.1% | $123 / Sq Ft |
| 08/20/2020 08/20/20 | Off Market | $495,000 | -- | -- |
| 08/17/2020 08/17/20 | For Sale | $525,000 | -- | $123 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $11,466 | $619,500 | $116,000 | $503,500 |
| 2024 | $20,722 | $590,000 | $116,000 | $474,000 |
| 2023 | $10,239 | $565,000 | $105,000 | $460,000 |
| 2022 | $19,448 | $495,000 | $95,000 | $400,000 |
| 2021 | $10,556 | $495,000 | $86,000 | $409,000 |
| 2020 | $6,774 | $305,000 | $86,000 | $219,000 |
| 2019 | $6,462 | $290,000 | $86,000 | $204,000 |
| 2018 | $5,890 | $265,000 | $86,000 | $179,000 |
| 2017 | $5,427 | $236,000 | $86,000 | $150,000 |
| 2016 | $5,271 | $223,200 | $83,000 | $140,200 |
| 2015 | $5,060 | $212,200 | $83,000 | $129,200 |
| 2014 | $5,063 | $212,200 | $83,000 | $129,200 |
| 2013 | $5,365 | $212,200 | $83,000 | $129,200 |
Source: Public Records
Agents Affiliated with this Home
-
Sue Romens
-
Rachel Romens
Seller Co-Listing Agent in 2020
Rachel Romens
EXP Realty, LLC
(608) 445-0836
2 in this area
49 Total Sales
-
Joffre Pedretti
Buyer's Agent in 2020
Joffre Pedretti
Keller Williams Realty
(608) 698-8503
2 in this area
238 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1891514
APN: 0609-062-0408-1
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.
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.
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