NOT LISTED FOR SALE

Estimated Value: $665,838 - $770,000

8 Beds
8 Baths
4,080 Sq Ft
$178/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $327,000 $80 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,462/month

102 Days on Market

Highlights

  • Main Floor Bedroom
  • Balcony
  • Fireplace
  • Spring Harbor Middle School Rated A-
  • Detached Garage
  • 5-minute walk to Elver Park

About This Home

As of September 2014

Great investment 4-unit apartment. Newer property is close to Elver Park (multilple sports, picnic, fireworks site). Your tenants will appreciate this as well as its proximity to West Towne Mall, Madison's West beltline highway and many restaurants, and retailers. Easy access via major roadways, and near buslines. Private 1-car garage and 1 space per unit of off street surface parking.

Last Agent to Sell the Property

Cecile Wopat

South Central Non-Member License #49273-90 Listed on: 04/07/2014

Last Buyer's Agent

Art Luetke

Luetke Investment Real Estate License #25925-90

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.32

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Balcony
  • Property is near bus stop

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0708-363-0805-1

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0.32 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: First floor bedroom, First floor full bath, Level drive
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 4
  • Number Dryers: 1
  • Number Units W Ac: 4
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water
  • Park Unit: 1 stall garage, Detached, 1 space, Outside, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Zoning: SR-Y1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 28800

Tax Info

  • Net Taxes: 8728
  • Tax Year: 2013
  • Assessor Parcel Number: 0708-363-0805-1

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Sep 5, 2014
Sold by
Mam Real Estate Holdings Llc
Bought by
Thiel Michael J and Vu Marcie M
Seller's Agent
Cecile Wopat
South Central Non-Member
Buyer's Agent
Art Luetke
Luetke Investment Real Estate
List Price
$344,900
Sold Price
$327,000
Premium/Discount to List
-$17,900
-5.19%
Current Estimated Value
$725,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,460
Avg. Annual Appreciation
7.21%
Original Mortgage
$245,000
Outstanding Balance
$187,286
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$538,174

Purchase Details

Closed on
Dec 30, 2010
Sold by
Schwartz Investment Realty Llc
Bought by
Mam Real Estate Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thiel Michael J $327,000 None Available
Mam Real Estate Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thiel Michael J $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2014 09/05/14 Sold $327,000 -5.2% $80 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $344,900 -- $85 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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
2023 $9,599 $530,000 $94,000 $436,000
2022 $18,140 $462,000 $85,000 $377,000
2021 $8,944 $420,000 $77,000 $343,000
2020 $8,908 $400,000 $77,000 $323,000
2019 $8,944 $400,000 $77,000 $323,000
2018 $8,142 $365,000 $77,000 $288,000
2017 $7,841 $339,500 $77,000 $262,500
2016 $7,747 $326,500 $74,000 $252,500
2015 $7,828 $326,500 $74,000 $252,500
2014 $7,832 $326,500 $74,000 $252,500
2013 $8,614 $353,900 $74,000 $279,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1712151

South Central Wisconsin Multiple Listing Service

APN: 0708-363-0805-1

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