NOT LISTED FOR SALE

Estimated Value: $488,820 - $513,000

6 Beds
4 Baths
2,412 Sq Ft
$207/Sq Ft Est. Value

Last Sold November 11, 2022

Last sale price $375,000 $155 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,821/month

11 Days on Market

Highlights

  • Eat-In Kitchen
  • Entrance Foyer
  • Forced Air Heating and Cooling System
  • Vel Phillips Memorial High School Rated A
  • Property is near a bus stop
  • Water Softener is Owned

About This Home

As of November 2022

Showings begin 10/7! Excellent opportunity to own and/or invest! Conveniently located adjacent to green space, this 3-bdrm duplex offers 1200+ sq ft per side and is close to parks, schools, shopping, and on the bus line! 6401 offers new carpet, updated vanity in both bathrooms and new tub surround. Spacious lvrm has newer windows that overlook huge yard, along with access to dinning area with newer patio dr that leads to private deck. 6403 offers newer windows throughout, spacious lvrm, large eat-in kitchen with access to yard! Both units feature primary bdrm with double closets, 1/2 baths, private basements with potential for future expansion, and 1 car garage. Unit 6401 offers garage access from kitchen. Opportunities are endless with this great property, come check it out today!

Last Agent to Sell the Property

Megan Roth-Markham

Bunbury & Assoc, REALTORS License #47598-94 Listed on: 09/26/2022

Co-Listed By

Flo Roth

Bunbury & Assoc, REALTORS License #11659-90

Last Buyer's Agent

Joffre Pedretti

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,418

Year Built

  • Built in 1976

Lot Details

  • 0.3

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Low Emissivity Windows
  • Entrance Foyer
  • Family Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Garage
  • Garage Door Opener
  • Outside Parking

Schools

  • Huegel Elementary School
  • Toki 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

Additional Features

  • 0.3 Acre Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0608-012-0601-7

Community Details

Overview

  • 2 Units
  • Meadowood Subdivision

Building Details

  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,418

Year Built

Built in 1976

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, Townhouse style units
  • Items Excluded: Washer and Dryer hooked up in 6403 belong to tenant.
  • Items Included: 2-Refigerator, 2-Dishwasher, 2-Disposal, 2 Rang/oven, 2-Hood/Fan, 2-Water Softener, 1-Washer, 1-Dryer, 2 Garage Openers each with 1 remote
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished, Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, 1 space, Outside, Opener inc
  • Utilities: Separate elec meters, Separate gas meters, Separate water 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: 0.3
  • Zoning: SR-C3
  • Geo Subdivision: WI

Green Features

  • Energy Efficient Green: Low E Windows

Rental Info

  • Total Income: 1450

Tax Info

  • Land Assessment: 87700
  • Improvements: 250900
  • Total Assessment: 338600
  • Assessment year: 2022
  • Net Taxes: 6418
  • Tax Year: 2021
  • Assessor Parcel Number: 0608-012-0601-7

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Nov 11, 2022
Sold by
Unknown
Bought by
Happy Raymond Road Llc
Seller's Agent
Megan Roth-Markham
Bunbury & Assoc, REALTORS
Buyer's Agent
Joffre Pedretti
Keller Williams Realty
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$499,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,205
Avg. Annual Appreciation
10.15%
Original Mortgage
$262,500
Outstanding Balance
$254,315
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$244,890
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
Happy Raymond Road Llc $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Happy Raymond Road Llc $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2022 11/11/22 Sold $375,000 0.0% $155 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
09/29/2022 09/29/22 Off Market $375,000 -- --
09/26/2022 09/26/22 For Sale $375,000 -- $155 / 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 $14,438 $412,500 $107,000 $305,500
2023 $6,766 $375,000 $97,300 $277,700
2021 $6,418 $291,900 $75,600 $216,300
2020 $8,015 $270,300 $70,000 $200,300
2019 $7,388 $259,900 $70,000 $189,900
2018 $5,799 $222,100 $70,000 $152,100
2017 $4,426 $193,100 $60,900 $132,200
2016 $4,127 $175,500 $60,900 $114,600
2015 $4,089 $168,700 $60,900 $107,800
2014 $4,009 $168,700 $60,900 $107,800
2013 $5,013 $168,700 $60,900 $107,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1944351

South Central Wisconsin Multiple Listing Service

APN: 0608-012-0601-7