NOT LISTED FOR SALE

6806 Park Edge Dr Madison, WI 53719

Westside Neighborhood

Estimated Value: $505,000 - $564,000

5 Beds
5 Baths
3,250 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $520,000 $160 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,378/month

79 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Fireplace
  • Vel Phillips Memorial High School Rated A
  • Balcony
  • Attached Garage

About This Home

As of April 2024

Well updated and maintained side-by-side 2 story colonial duplex with fully fenced backyard in the heart of Madison's west side near parks and shopping etc. Both units feature wood burning fireplaces and 2 car garage plus central air, LVT hard floor throughout every room, Stainless appliances, plenty storage space. Large unit features 3 large good size bedrooms, a finished lower level with the full bathroom and large screened porch. Wonderful floor plan features a living room and family room on the main level. Utilities are separate. This is a great opportunity to be centrally located and gain equity.

Last Agent to Sell the Property

LI Zhang

Metro Brokers/Li Zhang License #54073-90 Listed on: 12/12/2023

Last Buyer's Agent

Anna Vang

Rock Realty License #87436-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,584

Year Built

  • Built in 1981

Lot Details

  • 9,148 Sq Ft Lot

Parking

  • Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Fireplace
  • Family Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Olson Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Separate Water Meter
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0708-362-0819-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,584

Year Built

Built in 1981

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
  • Barrier Free: Open floor plan
  • Items Excluded: Tenants Personal Property
  • Items Included: Range/Oven (2); Microwave (2); Refrigerator (2); Dishwasher (2); Water softener (2); Washer (2); Dryer (2).
  • Miscellaneous: Internet - Cable
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partial, Finished
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

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

Lot Info

  • Estimated Aces: 0.21
  • Zoning: PD

Rental Info

  • Total Income: 28800

Tax Info

  • Net Taxes: 7584
  • Tax Year: 2022
  • Assessor Parcel Number: 0708-362-0819-4

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Apr 4, 2024
Sold by
Gao Fei
Bought by
Cha Fue and Thao Mai Lee
Seller's Agent
LI Zhang
Metro Brokers/Li Zhang
Buyer's Agent
Anna Vang
Rock Realty
List Price
$599,900
Sold Price
$520,000
Premium/Discount to List
-$79,900
-13.32%
Views
212
Current Estimated Value
$542,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,602
Avg. Annual Appreciation
2.45%
Original Mortgage
$498,575
Outstanding Balance
$491,154
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$51,448

Purchase Details

Listed on
Dec 12, 2023
Closed on
Mar 21, 2024
Sold by
Zhong Weixiong
Bought by
Gao Fei
Seller's Agent
LI Zhang
Metro Brokers/Li Zhang
Buyer's Agent
Anna Vang
Rock Realty
List Price
$599,900
Sold Price
$520,000
Premium/Discount to List
-$79,900
-13.32%
Views
212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,575
Outstanding Balance
$491,154
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$51,448

Purchase Details

Listed on
Feb 4, 2015
Closed on
May 19, 2015
Sold by
Castle Park 2011-Loan Trust
Bought by
Gao Fei and Zhong Weixiong
Seller's Agent
Jeff olson
RE/MAX Preferred
Buyer's Agent
LI Zhang
Metro Brokers/Li Zhang
List Price
$234,900
Sold Price
$192,000
Premium/Discount to List
-$42,900
-18.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$152,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 10, 2014
Sold by
Chenko Properties Llc
Bought by
Castle Peak 2011-1 Loan Trust

Purchase Details

Closed on
Dec 12, 2008
Sold by
Zeng Xiong W
Bought by
Chenko Properties Llc

Purchase Details

Closed on
Apr 25, 2007
Sold by
Johnson Timothy J
Bought by
Zeng Xiong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
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
Cha Fue $520,000 None Listed On Document
Gao Fei $260,000 None Listed On Document
Gao Fei $192,000 Attorney
Castle Peak 2011-1 Loan Trust -- None Available
Chenko Properties Llc -- None Available
Zeng Xiong $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cha Fue $498,575
Previous Owner Gao Fei $152,000
Previous Owner Zeng Xiong $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2024 04/04/24 Sold $520,000 -5.4% $160 / Sq Ft
01/09/2024 01/09/24 Price Changed $549,900 -8.3% $169 / Sq Ft
12/12/2023 12/12/23 For Sale $599,900 +212.4% $185 / Sq Ft
06/15/2015 06/15/15 Sold $192,000 -18.3% $59 / Sq Ft View Prior Sale
05/06/2015 05/06/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $234,900 -- $72 / 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 $16,566 $472,600 $118,700 $353,900
2023 $7,764 $429,600 $107,900 $321,700
2021 $7,478 $351,800 $86,200 $265,600
2020 $6,677 $300,700 $73,700 $227,000
2019 $6,259 $281,000 $73,700 $207,300
2018 $5,735 $258,100 $73,700 $184,400
2017 $5,711 $248,200 $70,900 $177,300
2016 $5,232 $221,600 $63,300 $158,300
2015 $5,183 $213,000 $63,300 $149,700
2014 $5,083 $213,000 $63,300 $149,700
2013 $7,123 $213,000 $61,500 $151,500
Source: Public Records

Agents Affiliated with this Home

  • LI Zhang

    Seller's Agent in 2024

    LI Zhang

    Metro Brokers/Li Zhang

    (608) 516-1076

    2 in this area

    22 Total Sales

    LI Zhang
    Section Image
  • Anna Vang

    Buyer's Agent in 2024

    Anna Vang

    Rock Realty

    (608) 213-2034

    1 in this area

    14 Total Sales

    Anna Vang
    Section Image
  • Jeff olson

    Seller's Agent in 2015

    Jeff olson

    RE/MAX

    (608) 575-7522

    54 Total Sales

    Jeff olson
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1968346

South Central Wisconsin Multiple Listing Service

APN: 0708-362-0819-4

Wisconsin Dane County Madison 53719 Westside

6806 Park Edge Dr, Madison, WI

Not Listed for Sale

MultiFamily

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