NOT LISTED FOR SALE

6301 Raymond Rd Madison, WI 53711

Prairie Hills Neighborhood

Estimated Value: $439,000 - $507,000

6 Beds
4 Baths
2,520 Sq Ft
$190/Sq Ft Est. Value

Last Sold May 04, 2016

Last sale price $188,000 $75 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $3,716/month

Highlights

  • Balcony
  • Property is near a bus stop
  • Family Room
  • Vel Phillips Memorial High School Rated A
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of May 2016

Great opportunity to own a fantastic rental property on the west side of Madison. Live in one side and have tenants in the opposite unit pay your mortgage, or add both units to your rental portfolio! Both units boast 3 bedrooms and 1.5 baths. Numerous updates include new refrigerators in both units, new toilets in both upstairs bathrooms, new carpet in 6305, roof in 2008, air conditioning in 2007, and furnace in 2005. Extremely high occupancy rate!

Last Agent to Sell the Property

Kevin Koehler

First Weber, Inc License #74169-94 Listed on: 03/05/2015

First Weber, Inc

Last Buyer's Agent

Mark O'Connell

First Weber Inc License #58045-94

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,905

Year Built

  • Built in 1971

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Schools

  • Huegel Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0608-011-0501-1

Community Details

Overview

  • 2 Units
  • Meadowood Subdivision

Building Details

  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,905

Year Built

Built in 1971

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
  • Barrier Free: Level drive, Level lot
  • Miscellaneous: Close to bus line
  • Noi Year: 2014
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Vinyl, Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.25
  • Zoning: SRC3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 24000

Tax Info

  • Land Assessment: 60900
  • Improvements: 103500
  • Total Assessment: 164400
  • Assessment year: 2014
  • Net Taxes: 3905
  • Tax Year: 2014
  • Assessor Parcel Number: 0608-011-0501-1

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2015
Closed on
May 3, 2016
Sold by
Deng Shuying
Bought by
Higgins Luckow Joseph A
Seller's Agent
Kevin Koehler
First Weber, Inc
Buyer's Agent
Mark O'Connell
First Weber Inc
List Price
$195,000
Sold Price
$188,000
Premium/Discount to List
-$7,000
-3.59%
Current Estimated Value
$480,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,058
Avg. Annual Appreciation
10.38%
Original Mortgage
$178,600
Outstanding Balance
$112,251
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$367,807

Purchase Details

Closed on
Jul 29, 2005
Sold by
Brown Richard V
Bought by
Deng Shuying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Higgins Luckow Joseph A $188,000 None Available
Deng Shuying $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Luckow Joseph A $178,600
Previous Owner Deng Shuying $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2016 05/04/16 Sold $188,000 -3.6% $75 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
03/05/2015 03/05/15 For Sale $195,000 -- $77 / 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 $14,381 $410,900 $107,000 $303,900
2023 $6,739 $373,500 $97,300 $276,200
2021 $6,022 $284,100 $75,600 $208,500
2020 $5,832 $263,100 $70,000 $193,100
2019 $5,628 $253,000 $70,000 $183,000
2018 $4,791 $216,200 $70,000 $146,200
2017 $4,307 $188,000 $60,900 $127,100
2016 $4,022 $171,100 $60,900 $110,200
2015 $3,982 $164,400 $60,900 $103,500
2014 $3,905 $164,400 $60,900 $103,500
2013 $4,227 $164,400 $60,900 $103,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kevin Koehler

    First Weber, Inc

    Section Image

  • M

    Buyer's Agent in 2016

    Mark O'Connell

    First Weber Inc

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1738625

South Central Wisconsin Multiple Listing Service

APN: 0608-011-0501-1

Wisconsin Dane County Madison 53711 Prairie Hills

6301 Raymond Rd, Madison, WI

This home is located at 6301 Raymond Rd, Madison, WI 53711 since 05 March 2015 and is currently estimated at $480,058, approximately $190 per square foot. This property was built in 1971. 6301 Raymond Rd is a home located in Dane County with nearby schools including Huegel Elementary School, Toki Middle School, and Vel Phillips Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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