$685,000
SOLD FEB 20, 2025
-- Bed
-- Bath
3,120 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$220 Per Sq Ft

4% Below List Price

9 Days on Market

Highlights

  • Eat-In Kitchen
  • Central Air
  • Family Room
  • Property is near a bus stop
  • Water Softener is Owned
  • Laundry Facilities

About This Home

As of February 2025

Multi-units like this don't come up often - 4 units beautifully renovated. Rents are all far under market and either month-to-month or leases ending soon so there's great potential to increase income quickly. The 2 ground floor units have private entrances too! Great location with easy access to the whole East side and the rest of Madison via Hwy 30. New front door to the common area to be installed prior to closing. Don't wait!

Last Agent to Sell the Property

Brian Montrey

Realty Executives Cooper Spransy Brokerage Email: brianmontrey@realtyexecutives.com License #58919-90 Listed on: 12/02/2024

Realty Executives Cooper Spransy

Last Buyer's Agent

Kevin Navarro

EXP Realty, LLC License #84705-94

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,541

Year Built

  • Built in 1974

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Basement Windows

Parking

  • 6 Open Parking Spaces
  • Outside Parking

Schools

  • Lowell Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned
  • High Speed Internet

Additional Features

  • 10,019 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 5 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-051-3130-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,541

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Municipality: Blooming Grove
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Sellers and renters personal belongings
  • Items Included: 5 refrigerators, 5 stoves, 5 wall A/C, 4 dishwashers, 1 water softener (owned)
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Internet - Cable
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Partially finished, Poured concrete foundatn
  • Number Dish Washers: 4
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 5
  • Number Stoves: 5
  • Number Units W Ac: 5
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 6

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters

Schools

  • School District: Madison
  • Elementary School: Lowell
  • Middle School: OKeeffe
  • High School: East
  • Elementary School: Lowell
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.23
  • Zoning: Commercial
  • Geo Subdivision: WI

Rental Info

  • Total Income: 4360

Tax Info

  • Land Assessment: 93100
  • Improvements: 395700
  • Total Assessment: 488800
  • Assessment year: 2024
  • Net Taxes: 7541
  • Tax Year: 2023
  • Assessor Parcel Number: 0710-051-3130-1

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 4
  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2024
Sold by
Kswmac611 Llc
Bought by
Double C Llc
Current Estimated Value
$722,753

Purchase Details

Closed on
Mar 9, 2010
Sold by
Cherepinsky Michael A
Bought by
Kswmac611 Llc

Purchase Details

Closed on
Aug 31, 2009
Sold by
Colonial Corner Llc
Bought by
Cherepinsky Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
5.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2008
Sold by
Northridge Terrace Llc
Bought by
Colonial Corner Llc

Purchase Details

Closed on
May 20, 2008
Sold by
Gebhardt Todd
Bought by
Northridge Terrace Llc

Purchase Details

Closed on
May 16, 2008
Sold by
Colonial Corner Llc
Bought by
Gebhardt Todd R
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 Type Sale Price Title Company
Warranty Deed $685,000 Knight Barry Title
Quit Claim Deed -- None Available
Warranty Deed $295,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $206,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $685,000 -3.5% $220 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
12/05/2024 12/05/24 For Sale $710,000 +3.6% $228 / Sq Ft
12/03/2024 12/03/24 Off Market $685,000 -- --
12/02/2024 12/02/24 For Sale $710,000,000 -- $227,564 / 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 $6,489 $488,800 $93,100 $395,700
2023 $7,541 $362,100 $93,100 $269,000
2021 $6,934 $362,100 $93,100 $269,000
2020 $6,566 $362,100 $93,100 $269,000
2019 $6,545 $362,100 $93,100 $269,000
2018 $6,820 $362,100 $93,100 $269,000
2017 $6,971 $362,100 $93,100 $269,000
2016 $7,400 $362,100 $93,100 $269,000
2015 $7,642 $362,100 $93,100 $269,000
2014 $8,125 $362,100 $93,100 $269,000
2013 $7,856 $362,100 $93,100 $269,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1990250

South Central Wisconsin Multiple Listing Service

APN: 0710-051-3130-1