NOT LISTED FOR SALE

6402 Raymond Rd Madison, WI 53711

Prairie Hills Neighborhood

Estimated Value: $474,317 - $589,000

6 Beds
4 Baths
2,792 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $399,900 $143 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,877/month

12 Days on Market

Highlights

  • Balcony
  • Fireplace
  • Property is near bus stop
  • Spring Harbor Middle School Rated A-
  • Attached Garage
  • 4-minute walk to Lucy Lincoln Hiestand Park

About This Home

As of May 2022

Excellent opportunity for investors or buyers looking to owner-occupy! This nicely maintained, side-by-side duplex offers nearly identical units with 3 bedrooms and 1.5 baths. Both sides have attached 1 car garages with large, fenced yards, and in-unit laundry included. With mo-to-mo leases in place, buyers/investors have flexibility to owner-occupy either side or sign long-term leases with quality existing tenants. SW Madison location offers convenient access to all west side amenities including shopping/dining. Many newer mechanicals and the roof is new in 2006.

Last Agent to Sell the Property

Eric Hansen

Real Broker LLC License #57489-90 Listed on: 04/08/2022

Real Broker LLC

Co-Listed By

Brett Hansen

Real Broker LLC License #78014-94

Last Buyer's Agent

Michael Maziarka

Realty Executives Cooper Spransy License #90034-94

Realty Executives Cooper Spransy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,470

Year Built

  • Built in 1977

Lot Details

  • 10,454

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Family Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Schools

  • Call School District Elementary And Middle School
  • Memorial High School

Utilities

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

Additional Features

  • Balcony
  • 10,454 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 2 Units
  • Net Operating Income $22,351

Listing and Financial Details

  • Assessor Parcel Number 0708-364-2021-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,470

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Townhouse style units
  • Items Excluded: Tenant's personal property.
  • Items Included: Range/oven x 2, refrigerator x 2, dishwasher x 2, washer x 2, dryer x 2, water softener, window coverings.
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 1

Utilities

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

Fee Information

  • Total Expenses: 7889

Schools

  • Elementary School: Call School District
  • High School: Memorial
  • Middle School: Call School District
  • School District: Madison

Lot Info

  • Estimated Aces: 0.24
  • Zoning: Res

Rental Info

  • Total Income: 30240

Tax Info

  • Net Taxes: 5470
  • Tax Year: 2021
  • Assessor Parcel Number: 0708-364-2021-9

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 31, 2022
Sold by
Nguyen and Trish
Bought by
Merryfield Samuel Thomas
Seller's Agent
Eric Hansen
Real Broker LLC
Buyer's Agent
Michael Maziarka
Realty Executives Cooper Spransy
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$534,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,194
Avg. Annual Appreciation
6.97%
Original Mortgage
$379,905
Outstanding Balance
$360,941
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$151,138

Purchase Details

Closed on
Jun 30, 2011
Sold by
Milleville Sharon L and Lanser Catherine A
Bought by
Nguyen An and Hoang Trish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Merryfield Samuel Thomas $399,900 None Listed On Document
Nguyen An $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merryfield Samuel Thomas $379,905
Previous Owner Nguyen An $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $399,900 0.0% $143 / Sq Ft
04/13/2022 04/13/22 For Sale $399,900 0.0% $143 / Sq Ft
04/08/2022 04/08/22 Off Market $399,900 -- --
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 $13,234 $393,700 $114,300 $279,400
2023 $6,893 $399,900 $103,900 $296,000
2022 $11,801 $316,100 $93,600 $222,500
2021 $5,470 $272,500 $80,700 $191,800
2020 $5,005 $234,900 $69,600 $165,300
2019 $5,001 $234,900 $69,600 $165,300
2018 $4,871 $228,100 $69,600 $158,500
2017 $4,218 $190,100 $69,600 $120,500
2016 $4,068 $179,300 $69,600 $109,700
2015 $4,010 $170,700 $69,600 $101,100
2014 $3,926 $170,700 $69,600 $101,100
2013 $4,364 $179,700 $67,600 $112,100
Source: Public Records

Agents Affiliated with this Home

  • Eric Hansen

    Seller's Agent in 2022

    Eric Hansen

    Real Broker LLC

    (608) 219-6506

    1 in this area

    174 Total Sales

    Eric Hansen
    Section Image
  • Brett Hansen

    Seller Co-Listing Agent in 2022

    Brett Hansen

    Real Broker LLC

    (608) 438-3833

    2 in this area

    173 Total Sales

    Brett Hansen
    Section Image
  • Michael Maziarka

    Buyer's Agent in 2022

    Michael Maziarka

    Realty Executives

    (608) 218-4730

    2 in this area

    93 Total Sales

    Michael Maziarka
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1931381

South Central Wisconsin Multiple Listing Service

APN: 0708-364-2021-9

Wisconsin Dane County Madison 53711 Prairie Hills

6402 Raymond Rd, Madison, WI

Not Listed for Sale

MultiFamily

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.

Nearby Homes