NOT LISTED FOR SALE

Estimated Value: $499,409 - $543,000

8 Beds
4 Baths
3,342 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $310,000 $93 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,129/month

47 Days on Market

Highlights

  • Fireplace
  • Property is near a bus stop
  • Water Softener is Owned
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of March 2020

BACK ON THE MARKET! Great addition to your portfolio or a great reason to start one! Large, spacious units on both sides boasting 4 bedrooms and 2 baths each. Large, private backyards with mature trees. Long term tenants on both sides and both are pet free. Tenants pay all utilities and do all the shoveling and mowing. Unit 8 has a brand new furnace and AC unit. Unit 6 tenants have occupied for 6 years, Unit 8 have occupied for 2 years and both plan to stay. Leases are month to month so owner occupant is possible for next buyer.

Last Agent to Sell the Property

Brett Bower

EXP Realty, LLC License #80524-94 Listed on: 01/09/2020

EXP Realty, LLC

Last Buyer's Agent

Astor Garcia

South Central Non-Member License #87101-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,429

Year Built

  • Built in 1978

Lot Details

  • 0.37

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Family Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Schools

  • Kennedy Elementary School
  • Whitehorse Middle School
  • Lafollette High School

Utilities

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

Additional Features

  • 0.37 Acre Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Net Operating Income $25,000

Listing and Financial Details

  • Assessor Parcel Number 0710-031-0414-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,429

Year Built

Built in 1978

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
  • Items Excluded: Tenants personal possessions
  • Items Included: 2 Refrigerators, 2 stoves, 2 dishwashers, 2 water softeners
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Noi Year: 2018
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel, Stucco

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 8000

Schools

  • School District: Madison
  • Elementary School: Kennedy
  • Middle School: Whitehorse
  • High School: Lafollette
  • Elementary School: Kennedy
  • High School: Lafollette
  • Middle School: Whitehorse
  • School District: Madison

Lot Info

  • Estimated Aces: 0.37
  • Zoning: R3

Rental Info

  • Total Income: 33000

Tax Info

  • Land Assessment: 57300
  • Improvements: 187200
  • Total Assessment: 244500
  • Assessment year: 2018
  • Net Taxes: 5429
  • Tax Year: 2018
  • Assessor Parcel Number: 0710-031-0414-9

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Mar 31, 2020
Sold by
Wells Samuel D and Farley Patrick D
Bought by
Sanchez Santos M
Seller's Agent
Brett Bower
EXP Realty, LLC
Buyer's Agent
Astor Garcia
South Central Non-Member
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Current Estimated Value
$495,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,980
Avg. Annual Appreciation
8.60%
Original Mortgage
$283,882
Outstanding Balance
$254,194
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$228,632

Purchase Details

Closed on
Oct 11, 2013
Sold by
Southbridge Real Estate Development #4 L
Bought by
Wells Samuel D and Farley Patrick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,325
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2011
Sold by
M&I Marshall & Ilsley Bank
Bought by
Southbridge Real Estate Development #4 L

Purchase Details

Closed on
Dec 30, 2010
Sold by
Gobel Heinrich A and Gobel Wendi S
Bought by
M&I Marshall & Ilsley Bank

Purchase Details

Closed on
Jul 9, 2007
Sold by
Currie Leonard F
Bought by
Gobel Henry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
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
Sanchez Santos M $310,000 Knight Barry Title
Wells Samuel D $183,100 None Available
Southbridge Real Estate Development #4 L $150,000 None Available
M&I Marshall & Ilsley Bank -- None Available
Gobel Henry A $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Santos M $283,882
Previous Owner Wells Samuel D $137,325
Previous Owner Southbridge Real Estate Development #4 L $131,600
Previous Owner Gobel Henry A $275,000
Previous Owner Currie Leonard F $220,000
Previous Owner Currie Leonard F $27,500
Previous Owner Currie Leonard F $233,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $310,000 -1.6% $93 / Sq Ft
01/09/2020 01/09/20 For Sale $315,000 -- $94 / 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 $15,192 $433,800 $73,500 $360,300
2023 $7,391 $409,200 $69,300 $339,900
2021 $6,579 $310,000 $61,300 $248,700
2020 $5,634 $254,300 $57,300 $197,000
2019 $5,657 $254,300 $57,300 $197,000
2018 $5,429 $244,500 $57,300 $187,200
2017 $5,252 $228,500 $52,100 $176,400
2016 $5,136 $217,600 $52,100 $165,500
2015 $4,711 $183,100 $52,100 $131,000
2014 $4,358 $183,100 $52,100 $131,000
2013 $5,557 $183,800 $52,100 $131,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1874714

South Central Wisconsin Multiple Listing Service

APN: 0710-031-0414-9