NOT LISTED FOR SALE

Estimated Value: $654,000 - $753,584

10 Beds
8 Baths
5,134 Sq Ft
$134/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $450,000 $88 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,240/month

Highlights

  • Vaulted Ceiling
  • Den
  • Fireplace
  • Vel Phillips Memorial High School Rated A
  • Balcony
  • Eat-In Kitchen

About This Home

As of March 2021

HOME SWEET HOME-INVESTMENT! Sprawling Modern 2-story duplex on Madison's westside has 2 unique floorplans, each unit has 5 large bedrms, 4 full baths, and an expansive living room and family room/loft. 5th bedrm of Unit 6 is an efficiency-style space with separate entrance, kitchen and bath and perfect for guests or in-laws. Additional features include main bdrm bath w/ jetted tub, fireplace, multiple walk-in closets, multiple exterior balconies, fenced yard, ceiling fans and additional LL space for storage. Conveniently located less than 7 min. from the Beltline, cafes, shops and the mall with wonderful income potential for an owner-occupant or investor. Being sold "As is" and measurements are approx.. ACT NOW the cashflow potential is great. Spacious W. Mad. duplex, each unit w/ 5 bedrms, 4baths, fireplc, priced to sell. Bonita 608-347-4663

Last Agent to Sell the Property

Bonita Nunez

Keller Williams Realty License #51917-94 Listed on: 09/14/2020

Keller Williams Realty

Last Buyer's Agent

Zach Palmer

EXP Realty, LLC License #77366-94

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,274

Year Built

  • Built in 1988

Lot Details

  • 0.32

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Den
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Olson 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 Leased

Additional Features

  • Balcony
  • 0.32 Acre Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 070836208318

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,274

Year Built

Built in 1988

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, 2 story
  • Barrier Free: First floor bedroom, First floor full bath, Level drive
  • Items Included: 2 range/ovens, 2 refrigerators, 2 dish washers, 1 washer, 1 dryer, 1 water softener, garage remotes.
  • Miscellaneous: Close to bus line, Water Softener Rented
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Partially finished
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 4
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached, 2 spaces, Outside, Opener inc
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

  • School District: Madison
  • Elementary School: Olson
  • Middle School: Toki
  • High School: Memorial
  • Elementary School: Olson
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Estimated Aces: 0.3227
  • Zoning: Res

Rental Info

  • Total Income: 53000

Tax Info

  • Land Assessment: 73700
  • Improvements: 332900
  • Total Assessment: 406600
  • Assessment year: 2019
  • Net Taxes: 8274
  • Tax Year: 2019
  • Assessor Parcel Number: 070836208318

Multi Family

  • Number Of3 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Mar 1, 2021
Sold by
Dewalt-Butler Valata
Bought by
Lee Rachel
Seller's Agent
Bonita Nunez
Keller Williams Realty
Buyer's Agent
Zach Palmer
EXP Realty, LLC
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%
Current Estimated Value
$690,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,146
Avg. Annual Appreciation
9.01%
Original Mortgage
$315,000
Outstanding Balance
$285,565
Interest Rate
2.7%
Mortgage Type
Construction
Estimated Equity
$380,630
Source: Public Records

Range of Values:

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Average Value
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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
Lee Rachel $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Rachel $315,000
Previous Owner Dewalt Butler Valata $365,400
Previous Owner Dewalt Butler Valata $373,500
Previous Owner Jb Limousine Network Inc $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $450,000 -1.1% $88 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
11/24/2020 11/24/20 Price Changed $454,900 -1.1% $89 / Sq Ft
10/04/2020 10/04/20 For Sale $460,000 +2.2% $90 / Sq Ft
09/16/2020 09/16/20 Off Market $450,000 -- --
09/14/2020 09/14/20 For Sale $460,000 -- $90 / 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 $18,751 $549,500 $164,900 $384,600
2023 $8,714 $499,500 $149,900 $349,600
2021 $9,897 $475,700 $86,200 $389,500
2020 $8,863 $406,600 $73,700 $332,900
2019 $8,274 $380,000 $73,700 $306,300
2018 $7,571 $348,000 $73,700 $274,300
2017 $7,743 $341,200 $70,900 $270,300
2016 $7,072 $304,600 $63,300 $241,300
2015 $7,170 $304,600 $63,300 $241,300
2014 $7,170 $304,600 $63,300 $241,300
2013 $7,133 $304,600 $61,500 $243,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1893656

South Central Wisconsin Multiple Listing Service

APN: 0708-362-0831-8