NOT LISTED FOR SALE

614 Pine St Madison, WI 53715

Bay Creek Neighborhood

Estimated Value: $465,000 - $587,000

3 Beds
3 Baths
2,050 Sq Ft
$268/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $350,000 $171 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,026/month

6 Days on Market

Highlights

  • Eat-In Kitchen
  • Accessible Bedroom
  • Property is near a bus stop
  • Hamilton Middle School Rated A
  • Accessible Full Bathroom
  • Water Softener is Owned

About This Home

As of March 2019

Owner occupy this immaculate, friendly three-unit home in Madison's popular Bay Creek neighborhood. This house has gleaming hardwood floors, tons of natural light, and renters to help off-set your mortgage! There is a large fenced in yard and a two car garage with room for more! Close to the Arboretum, restaurants, and shopping. This summer, you can walk to the Goodman Pool for a swim and then stop by the Funk Factory on your way home for a cold one. Hurry, this one won't last long!

Last Agent to Sell the Property

Heather Weasler

Real Broker LLC License #76027-94 Listed on: 01/31/2019

Co-Listed By

Julie Webster

South Central Non-Member License #85271-94

Last Buyer's Agent

Matt Kornstedt

Stark Company, REALTORS License #54358-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,032

Year Built

  • Built in 1908

Lot Details

  • 7,405

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 3 Open Parking Spaces
  • 2 Covered Spaces

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

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

Additional Features

  • 7,405 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-264-0515-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,032

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Excluded: Sellers personal property
  • Items Included: Refrigerator & stove in unit 1, refrigerator & stove in unit 2, and refrigerator & stove in unit 3. Washer, dryer & water softener (owned, not rented)
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Units W Ac: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 3

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached
  • Utilities: Separate elec meters

Schools

  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.17
  • Zoning: TR-C2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 14100

Tax Info

  • Net Taxes: 5032
  • Tax Year: 2017
  • Assessor Parcel Number: 0709-264-0515-5

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of Efficiencies: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
Mar 8, 2019
Sold by
Wallace Jefery D and Wallace Tara J
Bought by
K A Beyer Revocable Trust
Seller's Agent
Heather Weasler
Real Broker LLC
Buyer's Agent
Matt Kornstedt
Stark Company, REALTORS
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
Current Estimated Value
$549,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,761
Avg. Annual Appreciation
7.03%
Original Mortgage
$262,500
Outstanding Balance
$230,782
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$318,979

Purchase Details

Closed on
Apr 16, 2012
Sold by
Krohn Helen S Gallina and Krohn Wilson
Bought by
Wallace Jeffery D and Wallace Tara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,372
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2010
Sold by
Rothenmaier Mary L and Langlois Danny J
Bought by
Gallina Helen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
4.37%
Mortgage Type
Commercial
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
K A Beyer Revocable Trust $350,000 Nations Title
Wallace Jeffery D $220,000 None Available
Gallina Helen S $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K A Beyer Revocable Trust $262,500
Previous Owner Wallace Jeffery D $216,372
Previous Owner Gallina Helen S $110,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2019 03/08/19 Sold $350,000 +7.7% $171 / Sq Ft
01/31/2019 01/31/19 For Sale $325,000 -- $159 / 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 $13,617 $404,500 $51,800 $352,700
2023 $6,493 $378,000 $48,400 $329,600
2021 $7,136 $350,000 $40,700 $309,300
2020 $7,591 $350,000 $40,700 $309,300
2019 $5,285 $247,500 $40,700 $206,800
2018 $4,801 $225,000 $40,700 $184,300
2017 $5,032 $225,000 $40,700 $184,300
2016 $5,164 $225,000 $38,800 $186,200
2015 $5,243 $225,000 $38,800 $186,200
2014 $5,242 $225,000 $38,800 $186,200
2013 $3,111 $204,500 $35,300 $169,200
Source: Public Records

Agents Affiliated with this Home

  • Heather Weasler

    Seller's Agent in 2019

    Heather Weasler

    Real Broker LLC

    (608) 333-4553

    43 Total Sales

    Heather Weasler
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Julie Webster

    South Central Non-Member

    Section Image
  • Matt Kornstedt

    Buyer's Agent in 2019

    Matt Kornstedt

    Stark Company, REALTORS

    (608) 345-7943

    5 in this area

    1,843 Total Sales

    Matt Kornstedt
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1849246

South Central Wisconsin Multiple Listing Service

APN: 0709-264-0515-5

Wisconsin Dane County Madison 53715 Bay Creek

614 Pine St, Madison, WI

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