NOT LISTED FOR SALE

705 Pinecrest Dr Madison, WI 53714

Carpenter-Ridgeway Neighborhood

Estimated Value: $503,000 - $660,000

6 Beds
4 Baths
3,000 Sq Ft
$197/Sq Ft Est. Value

Sale Details

Date Sold: May 23, 2025

Last sale price $605,000 $202 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,974 / mo

2 Days on Market

Highlights

  • Eat-In Kitchen
  • Central Air
  • Laundry Facilities
  • Property is near bus stop

About This Home

As of May 2025

Multi-family property at 705 Pinecrest Dr, Madison, WI. Features 2 units with 2 beds, 1 bath each, and 2 units with 1 bed, 1 bath each. Great for investors or owner-occupants seeking rental income. Located in a quiet neighborhood, this building offers living space, amenities, and off-street parking. Each 2-bed unit has open floor plans and kitchens. The 1-bed units provide efficient layouts. Near shopping, schools, and public transit. A rare opportunity to own an income-producing property in a prime location.

Last Agent to Sell the Property

The Hub Team

The Hub Realty Listed on: 04/10/2025

Last Buyer's Agent

Ken Brenner

Stark Company, REALTORS License #59073-90

Stark Company, REALTORS

Range of Values:

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Value Increase
--
Percent Increase
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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

  • $5,944

Year Built

  • Built in 1957

Lot Details

  • 9,148

Parking

  • 4 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

  • Hawthorne Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Internet Available

Additional Features

  • Basement Fills Entire Space Under The House
  • 9,148 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0810-324-2106-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,944

Year Built

Built in 1957

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Tenants Personal Property
  • Items Included: Refrigerator x 4, Oven/ Range x 4, Washer, Dryer
  • Miscellaneous: Shared laundry, Close to bus line, Internet -Fiber Available
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 1
  • Number Units W Ac: 4
  • Number Washers: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces
  • Utilities: Separate elec meters

Schools

  • Elementary School: Hawthorne
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.21
  • Zoning: Res
  • Geo Subdivision: WI

Rental Info

  • Total Income: 54000

Tax Info

  • Net Taxes: 5944
  • Tax Year: 2023
  • Assessor Parcel Number: 0810-324-2106-8

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 2
  • 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
Apr 10, 2025
Closed on
May 23, 2025
Sold by
Bought by
Seller's Agent
The Hub Team
The Hub Realty
Buyer's Agent
Ken Brenner
Stark Company, REALTORS
List Price
$595,000
Sold Price
$605,000
Premium/Discount to List
$10,000
1.68%
Views
17
Current Estimated Value
$591,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,594
Avg. Annual Appreciation
-1.79%
Original Mortgage
$484,000
Outstanding Balance
$478,481
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$112,925

Purchase Details

Closed on
May 26, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Carpenter-Ridgeway, WI

  • John Reuter Real Estate Agent - Integrity Homes - Real Broker LLC

    John Reuter

    Integrity Homes - Real Broker LLC

    (608) 292-2510

    90 Total Sales

    1 in Carpenter-Ridgeway

    $221,000 Price

    John Reuter
     Section Image
  • Lauren Martinson Real Estate Agent - RE/MAX Preferred

    Lauren Martinson

    RE/MAX Preferred

    (608) 440-9439

    29 Total Sales

    1 in Carpenter-Ridgeway

    $300,000 Price

    Lauren Martinson
     Section Image
  • Michael Leeson Real Estate Agent - Realty Executives Cooper Spransy

    Michael Leeson

    Realty Executives Cooper Spransy

    (608) 292-6702

    196 Total Sales

    1 in Carpenter-Ridgeway

    $235,000 Price

    Michael Leeson
     Section Image
  • Jennifer Geils Real Estate Agent - Stark Company, REALTORS

    Jennifer Geils

    Stark Company, REALTORS

    (845) 643-1031

    48 Total Sales

    1 in Carpenter-Ridgeway

    $260,000 Price

    Jennifer Geils
     Section Image
  • Kelly Bennett Real Estate Agent - First Weber Inc

    Kelly Bennett

    First Weber Inc

    (608) 292-2685

    300 Total Sales

    1 in Carpenter-Ridgeway

    $322,500 Price

    Kelly Bennett
     Section Image
  • Cait Berry Real Estate Agent - Real Broker LLC

    Cait Berry

    Responds Quickly

    Real Broker LLC

    (608) 292-2137

    226 Total Sales

    3 in Carpenter-Ridgeway

    $315K - $370K Price Range

    Cait Berry
     Section Image
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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
$605,000 Knight Barry Title
$277,000 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 $484,000
Previous Owner $1,075,000
Previous Owner $221,600
Previous Owner $58,500
Previous Owner $196,725
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
05/23/2025 05/23/25 Sold $605,000 +1.7% $202 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $595,000 -- $198 / 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 $8,763 $474,600 $85,000 $389,600
2024 $14,703 $420,000 $85,000 $335,000
2023 $5,944 $330,000 $77,000 $253,000
2022 $11,720 $300,000 $70,000 $230,000
2021 $6,170 $291,000 $64,000 $227,000
2020 $6,144 $277,000 $64,000 $213,000
2019 $6,169 $277,000 $64,000 $213,000
2018 $6,160 $277,000 $63,400 $213,600
2017 $5,805 $252,200 $63,400 $188,800
2016 $5,678 $240,200 $60,400 $179,800
2015 $5,471 $216,200 $60,400 $155,800
2014 $5,160 $216,200 $60,400 $155,800
2013 $5,158 $216,200 $60,400 $155,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    The Hub Team

    The Hub Realty

    (608) 556-4400

    4 in this area

    310 Total Sales

    The Hub Team
    Section Image
  • Ken Brenner Real Estate Agent - Stark Company, REALTORS

    Buyer's Agent in 2025

    Ken Brenner

    Stark Company, REALTORS

    (608) 345-9496

    1 in this area

    119 Total Sales

    Ken Brenner
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1997155

South Central Wisconsin Multiple Listing Service

APN: 0810-324-2106-8

Wisconsin Dane County Madison 53714 Carpenter-Ridgeway

705 Pinecrest Dr, Madison, WI

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.

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