NOT LISTED FOR SALE

5840 Russett Rd Madison, WI 53711

Meadowood Neighborhood

Estimated Value: $331,000 - $373,809

4 Beds
2 Baths
1,710 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $260,000 $152 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,242/month

Highlights

  • Eat-In Kitchen
  • Property is near a bus stop
  • Water Softener is Owned
  • Vel Phillips Memorial High School Rated A
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of November 2022

This duplex is in a great, centrally located neighborhood in a mix of apartments and single family homes. It's a block from the bus line, within a mile from Toki Elementary School and the Meadowridge Public Library. There are parks, restaurants, and shops nearby. This is a low-maintenance income property with low tenant turnover.

Last Agent to Sell the Property

Matt Winzenried

Realty Executives Cooper Spransy License #56875-90 Listed on: 08/15/2022

Realty Executives Cooper Spransy

Co-Listed By

Andrew Genin

Realty Executives Cooper Spransy License #77367-94

Last Buyer's Agent

Matt Winzenried

Realty Executives Cooper Spransy License #56875-90 Listed on: 08/15/2022

Realty Executives Cooper Spransy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,737

Year Built

  • Built in 1958

Lot Details

  • 6,534

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Basement Windows
  • 6,534 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Meadowood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0709-313-1016-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,737

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full size windows/Exposed
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood, Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Estimated Aces: 0.15
  • Zoning: SR-V1

Rental Info

  • Total Income: 21360

Tax Info

  • Land Assessment: 60100
  • Improvements: 164200
  • Total Assessment: 224300
  • Assessment year: 2021
  • Net Taxes: 4737
  • Tax Year: 2021
  • Assessor Parcel Number: 0709-313-1016-7

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Nov 1, 2022
Sold by
Qz Properties Llc
Bought by
Campbell Bradley Wayne
Seller's Agent
Matt Winzenried
Realty Executives Cooper Spransy
Buyer's Agent
Matt Winzenried
Realty Executives Cooper Spransy
List Price
$285,000
Sold Price
$260,000
Premium/Discount to List
-$25,000
-8.77%
Views
1
Current Estimated Value
$358,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,952
Avg. Annual Appreciation
11.39%
Original Mortgage
$195,000
Outstanding Balance
$188,671
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$170,281

Purchase Details

Listed on
Jul 14, 2016
Closed on
Aug 15, 2016
Sold by
Navidad Jose F and Navidad Jennifer J
Bought by
Qz Properties Llc
Seller's Agent
Matt Winzenried
Realty Executives Cooper Spransy
Buyer's Agent
Matt Winzenried
Realty Executives Cooper Spransy
List Price
$185,000
Sold Price
$184,000
Premium/Discount to List
-$1,000
-0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
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
Campbell Bradley Wayne $260,000 --
Qz Properties Llc $184,000 Knight Barry Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Bradley Wayne $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2022 11/01/22 Sold $260,000 -8.8% $152 / Sq Ft
08/15/2022 08/15/22 For Sale $285,000 +54.9% $167 / Sq Ft
08/15/2016 08/15/16 Sold $184,000 -0.5% $108 / Sq Ft View Prior Sale
07/16/2016 07/16/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $185,000 -- $108 / 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 $12,965 $286,000 $80,700 $205,300
2023 $5,419 $260,000 $73,400 $186,600
2021 $4,737 $224,300 $60,100 $164,200
2020 $4,302 $195,000 $52,300 $142,700
2019 $4,320 $195,000 $52,300 $142,700
2018 $4,314 $195,000 $52,300 $142,700
2017 $4,214 $184,000 $52,300 $131,700
2016 $4,233 $179,900 $52,300 $127,600
2015 $4,278 $173,000 $64,300 $108,700
2014 $4,114 $173,000 $64,300 $108,700
2013 $4,075 $173,000 $62,400 $110,600
Source: Public Records

Agents Affiliated with this Home

  • Matt Winzenried

    Seller's Agent in 2022

    Matt Winzenried

    Realty Executives

    (608) 358-4396

    7 in this area

    662 Total Sales

    Matt Winzenried
    Section Image
  • Andrew Genin

    Seller Co-Listing Agent in 2022

    Andrew Genin

    Realty Executives

    (608) 886-7269

    2 in this area

    70 Total Sales

    Andrew Genin
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1941600

South Central Wisconsin Multiple Listing Service

APN: 0709-313-1016-7

Wisconsin Dane County Madison 53711 Meadowood

5840 Russett Rd, Madison, WI

This home is located at 5840 Russett Rd, Madison, WI 53711 since 15 August 2022 and is currently estimated at $358,952, approximately $209 per square foot. This property was built in 1958. 5840 Russett Rd is a home located in Dane County with nearby schools including Orchard Ridge Elementary School, Toki Middle School, and Vel Phillips Memorial High School.

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.

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