NOT LISTED FOR SALE

Estimated Value: $700,000 - $742,068

8 Beds
4 Baths
4,052 Sq Ft
$179/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2023

Last sale price $610,000 $151 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,949 / mo

32 Days on Market

Highlights

  • Laundry Room
  • Water Softener is Owned
  • 4-minute walk to Elver Park
  • Spring Harbor Middle School Rated A-
  • Washer and Dryer

About This Home

As of May 2023

No showings until 3/15. Easy to maintain Madison 4-unit located across from Greentree-Chapel Hills Park on Madison's west side. Each unit is generously sized at just over 1,000sqft with 2bd/1bth and a good sized laundry room. No basement and no furnaces is a feature, not a bug! Electric baseboard heat is easy to maintain and tenants pay their own utilities. No collecting junk in the basement over the years. There are 2 large storage closets that you can either lock for yourself, or share with the tenants (one closet is currently shared with all tenants). Unit 3 takes care of the lawn&snow. This property forces you to keep it simple. There likely is room to increase rents ($1,210 per Rentometer.com). Measurements are approx.

Last Agent to Sell the Property

Seth Peterson

Realty Executives Cooper Spransy License #56704-90 2283-106 Listed on: 02/16/2023

Realty Executives Cooper Spransy

Last Buyer's Agent

Spencer Schumacher

Spencer Real Estate Group License #58017-90

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,337

Year Built

  • Built in 1982

Lot Details

  • 12,632 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 5 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Softener is Owned

Community Details

  • 4 Units
  • Park Ridge Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0708-363-0610-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,337

Year Built

Built in 1982

Lot Details

0.29 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Miscellaneous: Water Softener Owned
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 4
  • Number Dryers: 4
  • Number Washers: 4
  • Number Water Softeners: 4

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Parking Stalls Outside: 5

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters, Separate water meters

Schools

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

Lot Info

  • Estimated Aces: 0.29
  • Zoning: SR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 52200

Tax Info

  • Net Taxes: 8337
  • Tax Year: 2022
  • Assessor Parcel Number: 0708-363-0610-4

Multi Family

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
May 8, 2023
Sold by
Bought by
Seller's Agent
Seth Peterson
Realty Executives Cooper Spransy
Buyer's Agent
Spencer Schumacher
Spencer Real Estate Group
List Price
$599,900
Sold Price
$610,000
Premium/Discount to List
$10,100
1.68%
Views
74
Current Estimated Value
$725,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,517
Avg. Annual Appreciation
5.59%
Original Mortgage
$540,000
Outstanding Balance
$517,088
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$208,429

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jan 8, 2021
Sold by
Bought by
Seller's Agent
Noelle Stevens
MadisonFlatFeeHomes.com
Buyer's Agent
Kevin Navarro
LPT Realty
List Price
$415,000
Sold Price
$425,000
Premium/Discount to List
$10,000
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.78%
Original Mortgage
$410,815
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2016
Closed on
Dec 12, 2016
Sold by
Bought by
Seller's Agent
Pam McSherry
South Central Non-Member
Buyer's Agent
Scott Ellingboe
RE/MAX Preferred
List Price
$345,000
Sold Price
$340,000
Premium/Discount to List
-$5,000
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$247,500
Interest Rate
3.57%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Prairie Hills, WI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$610,000 Founders Title
$425,000 None Available
$340,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $540,000
Previous Owner $410,815
Previous Owner $247,500
Previous Owner $259,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2023 05/24/23 Sold $610,000 +1.7% $151 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $599,900 -1.7% $148 / Sq Ft
02/20/2023 02/20/23 Off Market $610,000 -- --
02/16/2023 02/16/23 For Sale $599,900 +41.2% $148 / Sq Ft
01/22/2021 01/22/21 Sold $425,000 +2.4% $101 / Sq Ft View Prior Sale
11/24/2020 11/24/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $415,000 +22.1% $99 / Sq Ft
12/12/2016 12/12/16 Sold $340,000 -1.4% $81 / Sq Ft View Prior Sale
10/31/2016 10/31/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $345,000 -- $82 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,531 $610,000 $94,000 $516,000
2023 $9,874 $545,000 $85,000 $460,000
2022 $16,674 $425,000 $77,000 $348,000
2021 $9,051 $425,000 $70,000 $355,000
2020 $8,350 $375,000 $70,000 $305,000
2019 $8,383 $375,000 $70,000 $305,000
2018 $7,898 $350,000 $70,000 $280,000
2017 $7,857 $340,000 $66,400 $273,600
2016 $8,165 $317,000 $63,400 $253,600
2015 $7,597 $317,000 $63,400 $253,600
2014 $7,602 $317,000 $63,400 $253,600
2013 $7,388 $308,000 $63,400 $244,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1950451

South Central Wisconsin Multiple Listing Service

APN: 0708-363-0610-4

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