NOT LISTED FOR SALE

Estimated Value: $541,000 - $674,000

8 Beds
4 Baths
3,758 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $460,000 $122 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,745/month

Highlights

  • Wood Flooring
  • Fenced Yard
  • Accessible Bedroom
  • Spring Harbor Middle School Rated A-
  • Fireplace
  • Accessible Full Bathroom

About This Home

As of May 2022

Great opportunity for an investor or for a future owner-occupant! This large duplex has been a solid rental with an large and flexible floorplan. Many updates makes this one a set it and forget it property for the next owner. New roof, gutters, siding, and fresh paint on one side.

Last Agent to Sell the Property

Jean Armendariz-Kerr

Mode Realty Network License #57998-90 Listed on: 01/25/2022

Co-Listed By

Matt Armendariz-Kerr

Mode Realty Network License #58383-90

Last Buyer's Agent

KWANG BYOUNG PARK

Lannon Stone Realty LLC License #95793-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,850

Year Built

  • Built in 1964

Lot Details

  • 0.31 Acre Lot
  • Fenced Yard

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Family Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Location

  • Property is near a bus stop

Schools

  • Anana Elementary School
  • Jefferson Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Softener is Owned
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0708-361-0206-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,850

Year Built

Built in 1964

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, Low pile or no carpeting
  • Items Excluded: Seller's personal property and property of tenant
  • Items Included: 2 ranges, 2 refrigerators, 2 dishwashers, 2 water softeners, 2 hoodfans
  • Miscellaneous: Close to bus line, Water Softener Owned, Fenced yard, Internet - Cable
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard, Partially finished, Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Anana
  • High School: Memorial
  • Middle School: Jefferson
  • School District: Madison

Lot Info

  • Estimated Aces: 0.31
  • Zoning: SR-C3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 39300

Tax Info

  • Net Taxes: 8850
  • Tax Year: 2020
  • Assessor Parcel Number: 0708-361-0206-5

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
May 23, 2022
Sold by
Lawler Michael J and Lawler Dawn A
Bought by
Park Kwang Byoung and Kim Hae Young
Seller's Agent
Jean Armendariz-Kerr
Mode Realty Network
Buyer's Agent
KWANG BYOUNG PARK
Lannon Stone Realty LLC
List Price
$485,000
Sold Price
$460,000
Premium/Discount to List
-$25,000
-5.15%
Current Estimated Value
$620,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,997
Avg. Annual Appreciation
9.06%
Original Mortgage
$345,000
Outstanding Balance
$327,743
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$293,254

Purchase Details

Closed on
Aug 23, 2018
Sold by
Endres James V and Endres Julie A
Bought by
Lawler Michael J and Lawler Dawn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,600
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Park Kwang Byoung $460,000 None Listed On Document
Lawler Michael J $332,000 Knight Barry Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Kwang Byoung $345,000
Previous Owner Lawler Michael J $227,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $460,000 -5.2% $122 / Sq Ft
01/28/2022 01/28/22 For Sale $485,000 +5.4% $129 / Sq Ft
01/25/2022 01/25/22 Off Market $460,000 -- --
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 $17,748 $506,000 $150,200 $355,800
2023 $8,320 $460,000 $136,500 $323,500
2021 $8,849 $415,600 $90,200 $325,400
2020 $9,608 $355,200 $77,100 $278,100
2019 $7,568 $332,000 $77,100 $254,900
2018 $5,100 $229,900 $77,100 $152,800
2017 $5,079 $221,100 $74,100 $147,000
2016 $4,652 $197,400 $66,200 $131,200
2015 $4,607 $189,700 $66,200 $123,500
2014 $4,518 $189,700 $66,200 $123,500
2013 $4,476 $189,700 $64,300 $125,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1926619

South Central Wisconsin Multiple Listing Service

APN: 0708-361-0206-5