NOT LISTED FOR SALE

Estimated Value: $465,000 - $499,410

6 Beds
4 Baths
-- Sq Ft
0.28 Acres

Last Sold October 13, 2023

Last sale price $399,000

Est. 21% increase in value since last sale

Current estimated payment $3,110/month

12 Days on Market

Highlights

  • Forced Air Heating System
  • Spring Harbor Middle School Rated A-
  • 4-minute walk to Hammersley Park

About This Home

As of October 2023

Welcome to this fantastic opportunity! A side-by-side duplex boasting three bedrooms in each unit. Each unit features the convenience of one full bath and one half bath. The full basement accommodates laundry facilities and offers ample space for a living room. Positioned in close proximity to Elver Park, daycare facilities, and an elementary school. With a solid rental history, this property presents itself as a promising investment. Enjoy the advantage of immediate returns with a month-to-month tenants already in place. Consider living in one unit while renting out the other, adding to the property's potential. This is your chance to secure an investment gem, with the flexibility to suit your needs and aspirations. Don't let this opportunity pass you by!

Last Agent to Sell the Property

Zhenqi Li

Lannon Stone Realty LLC License #91437-94 Listed on: 08/08/2023

Last Buyer's Agent

Kevin Navarro

EXP Realty, LLC License #84705-94

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,993

Year Built

  • Built in 1969

Lot Details

  • 0.28

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Schools

  • Anana Elementary School
  • Toki Middle School
  • Memorial High School

Additional Features

  • Basement Fills Entire Space Under The House
  • 0.28 Acre Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0708-364-1303-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,993

Year Built

Built in 1969

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
  • Items Excluded: Seller's Personal Property
  • Items Included: Range/Oven (2), Microwave (2), Refrigerator (2), Dishwasher (2), Water Softener (2), Washer (2), Dryer (2)
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Aluminum/Steel, 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

Schools

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

Lot Info

  • Estimated Aces: 0.28
  • Zoning: SR-C3

Rental Info

  • Total Income: 2850

Tax Info

  • Land Assessment: 111700
  • Improvements: 245600
  • Total Assessment: 357300
  • Assessment year: 2023
  • Net Taxes: 6993
  • Tax Year: 2022
  • Assessor Parcel Number: 0708-364-1303-2

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Oct 4, 2023
Sold by
Krebill Darin D and Krebill Yan
Bought by
Ledesma Mirta N and Ledesma Miguel A
Seller's Agent
Zhenqi Li
Lannon Stone Realty LLC
Buyer's Agent
Kevin Navarro
EXP Realty, LLC
List Price
$399,000
Sold Price
$399,000
Views
114
Current Estimated Value
$482,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,353
Avg. Annual Appreciation
9.14%
Original Mortgage
$391,773
Outstanding Balance
$384,861
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$85,000

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 26, 2020
Sold by
Henderson Kaelani S and Knuston Kaelani S
Bought by
Krebill Darin D and Zhang Yan
Seller's Agent
Tiffany Malone
Compass Real Estate Wisconsin
Buyer's Agent
Luke Lestikow
First Weber, Inc
List Price
$304,900
Sold Price
$277,500
Premium/Discount to List
-$27,400
-8.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%
Original Mortgage
$208,125
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2010
Closed on
Dec 29, 2014
Sold by
First Steven J and Kluge Jennifer Marie
Bought by
Henderson Kaelani S
Seller's Agent
Tom Walzer
South Central Non-Member
Buyer's Agent
Matt Winzenried
Realty Executives Cooper Spransy
List Price
$224,900
Sold Price
$188,900
Premium/Discount to List
-$36,000
-16.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$185,478
Interest Rate
4.25%
Mortgage Type
FHA
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
Ledesma Mirta N $399,000 None Listed On Document
Krebill Darin D $277,500 None Available
Henderson Kaelani S $188,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledesma Mirta N $391,773
Previous Owner Krebill Darin D $208,125
Previous Owner Henderson Kaelani S $185,478
Previous Owner First Steven J $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $399,000 0.0% --
08/20/2023 08/20/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $399,000 +43.8% --
09/16/2020 09/16/20 Sold $277,500 -9.0% $99 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $304,900 +61.4% $109 / Sq Ft
12/29/2014 12/29/14 Sold $188,900 -16.0% $67 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
01/14/2010 01/14/10 For Sale $224,900 -- $80 / 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 $14,492 $399,000 $122,900 $276,100
2023 $6,443 $357,300 $111,700 $245,600
2021 $7,020 $277,500 $86,700 $190,800
2020 $5,461 $246,600 $74,700 $171,900
2019 $6,718 $246,600 $74,700 $171,900
2018 $5,369 $234,900 $74,700 $160,200
2017 $4,848 $204,300 $74,700 $129,600
2016 $4,700 $192,700 $74,700 $118,000
2015 $4,496 $184,500 $74,700 $109,800
2014 $4,392 $184,500 $74,700 $109,800
2013 $6,098 $194,200 $72,500 $121,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1961524

South Central Wisconsin Multiple Listing Service

APN: 0708-364-1303-2