NOT LISTED FOR SALE

709 N Thompson Dr Unit 1 Madison, WI 53704

Ridgewood Neighborhood

Estimated Value: $749,000 - $836,000

8 Beds
8 Baths
4,560 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 02, 2015

Last sale price $395,000 $87 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,049/month

Highlights

  • Balcony
  • Water Softener is Owned
  • Family Room
  • Forced Air Heating and Cooling System
  • Dining Room
  • 3-minute walk to Sycamore Park

About This Home

As of March 2015

Attractive 4-unit near East Towne in excellent condition and fully rented! Fantastic location. Close to big box stores and restaurants, minutes to downtown, minutes to American Parkway. Each unit includes washer and dryer, private one car garages, central A/C, two full baths, and master walk-in closets. Patios on first floor and large covered decks on second floor facing nice private backyard. Roof in fall of 2009. *Call Peter at (608) 239-3266 for all showings and status inquiries.

Last Agent to Sell the Property

Stuart Meland

Madcityhomes.Com License #51242-90 Listed on: 08/22/2014

Last Buyer's Agent

Tony Xiong

Madison Property Management, Inc. License #69875-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,497

Year Built

  • Built in 1992

Lot Details

  • 0.31

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener

Schools

  • Schenk Elementary School
  • Whitehorse Middle School
  • Lafollette High School

Utilities

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

Additional Features

  • Balcony
  • 0.31 Acre Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0810-343-1203-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,497

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Miscellaneous: Water Softener Owned
  • Noi Year: 2014
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 4
  • Number Dryers: 4
  • Number Furnaces: 4
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Units W Ac: 4
  • Number Washers: 4
  • Number Water Heaters: 4
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

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

Schools

  • School District: Madison
  • Elementary School: Schenk
  • Middle School: Whitehorse
  • High School: Lafollette
  • Elementary School: Schenk
  • High School: Lafollette
  • Middle School: Whitehorse
  • School District: Madison

Lot Info

  • Estimated Aces: 0.31
  • Zoning: SR-V2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 74500
  • Improvements: 280100
  • Total Assessment: 354600
  • Assessment year: 2014
  • Net Taxes: 8497
  • Tax Year: 2013
  • Assessor Parcel Number: 0810-343-1203-3

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Jindal Deepak and Jindal Riti
Bought by
Modern Financial Llc
Current Estimated Value
$792,568

Purchase Details

Closed on
Feb 24, 2021
Sold by
Modern Financials Llc
Bought by
Jindal Deepak and Jindal Riti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2018
Sold by
Madrigal Properties Llc
Bought by
Modern Financials Llc

Purchase Details

Listed on
Aug 22, 2014
Closed on
Feb 27, 2015
Sold by
Doll Peter V and Doll Carol L
Bought by
Madrigal Properties Llc
Seller's Agent
Stuart Meland
Madcityhomes.Com
Buyer's Agent
Tony Xiong
Madison Property Management, Inc.
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$195,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2013
Sold by
Doll Peter V
Bought by
Doll Peter V and Doll Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,800
Interest Rate
3.31%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Modern Financial Llc -- National Title
Jindal Deepak -- None Available
Modern Financials Llc $446,100 --
Madrigal Properties Llc $395,000 None Available
Doll Peter V -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jindal Deepak $344,000
Previous Owner Madrigal Properties Llc $195,000
Previous Owner Doll Peter V $207,800
Closed Modern Financials Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2015 03/02/15 Sold $395,000 -1.3% $87 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
08/22/2014 08/22/14 For Sale $400,000 -- $88 / 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 $22,316 $635,000 $106,000 $529,000
2023 $11,153 $615,000 $99,000 $516,000
2021 $10,449 $490,000 $82,000 $408,000
2020 $9,941 $446,000 $82,000 $364,000
2019 $9,981 $446,000 $82,000 $364,000
2018 $9,538 $427,000 $81,500 $345,500
2017 $9,361 $395,000 $81,500 $313,500
2016 $9,389 $395,000 $74,500 $320,500
2015 $8,508 $354,600 $74,500 $280,100
2014 $8,513 $354,600 $74,500 $280,100
2013 $8,943 $344,600 $74,500 $270,100
Source: Public Records

Agents Affiliated with this Home

  • Stuart Meland

    Seller's Agent in 2015

    Stuart Meland

    Madcityhomes.Com

    (608) 438-3150

    563 Total Sales

    Stuart Meland
    Section Image
  • Tony Xiong

    Buyer's Agent in 2015

    Tony Xiong

    Madison Property Management, Inc.

    (608) 347-7842

    1 in this area

    65 Total Sales

    Tony Xiong
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1725727

South Central Wisconsin Multiple Listing Service

APN: 0810-343-1203-3

Wisconsin Dane County Madison 53704 Ridgewood

709 N Thompson Dr Unit 1, Madison, WI

This home is located at 709 N Thompson Dr Unit 1, Madison, WI 53704 since 22 August 2014 and is currently estimated at $792,568, approximately $173 per square foot. This property was built in 1992. 709 N Thompson Dr Unit 1 is a home located in Dane County with nearby schools including Schenk Elementary School, Whitehorse Middle School, and La Follette High School.

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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