NOT LISTED FOR SALE

714 Emerson St Madison, WI 53715

Bay Creek Neighborhood

Estimated Value: $497,000 - $598,000

4 Beds
3 Baths
2,108 Sq Ft
$251/Sq Ft Est. Value

Last Sold May 13, 2013

Last sale price $230,000 $109 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,853/month

Highlights

  • Open Floorplan
  • Balcony
  • Accessible Bedroom
  • Hamilton Middle School Rated A
  • Home Security System
  • Accessible Full Bathroom

About This Home

As of May 2013

Fantastic 3-unit apartment building in a residential neighborhood that is in walking distance to Hospitals, Restaurants, Coffee shops, and Lake Monona. First floor unit includes 2-bedrooms, 1-bath with formal dining room and 3-season sun porch. Both upstairs units are 1-bedroom, 1-bath both sharing a nice deck that overlooks the spacious backyard. Newer kitchen appliances. Shared laundry in the basement and private storage lockers for each unit completes this great investment opportunity.

Last Agent to Sell the Property

Erin Bunbury Novak

Bunbury & Assoc, REALTORS License #61556-94 Listed on: 03/01/2013

Last Buyer's Agent

Trent Halverson

Stark Company, REALTORS License #44444-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,489

Year Built

  • Built in 1942

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Family Room
  • Dining Room
  • Home Security System
  • Oven or Range

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

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

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • 3 Units
  • Laundry Facilities
  • Net Operating Income $10,099

Listing and Financial Details

  • Assessor Parcel Number 0709-262-0412-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,489

Year Built

Built in 1942

Lot Details

0

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: Open floor plan, First floor bedroom, First floor full bath, Level lot
  • Miscellaneous: Security system, Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard, Sump pump
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 6681

Schools

  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.18
  • Zoning: R2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 16780

Tax Info

  • Net Taxes: 3489
  • Tax Year: 2012
  • Assessor Parcel Number: 0709-262-0412-7

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2013
Closed on
May 13, 2013
Sold by
Caruso John R
Bought by
Equity Trust Company and Cary Segall Ira
Seller's Agent
Erin Bunbury Novak
Bunbury & Assoc, REALTORS
Buyer's Agent
Trent Halverson
Stark Company, REALTORS
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Current Estimated Value
$529,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,014
Avg. Annual Appreciation
6.91%
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
Equity Trust Company $230,000 Dane County Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2013 05/13/13 Sold $230,000 -8.0% $109 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $249,900 -- $119 / 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 $12,843 $350,900 $55,300 $295,600
2023 $6,207 $327,900 $51,700 $276,200
2021 $5,671 $253,000 $43,500 $209,500
2020 $5,931 $253,000 $43,500 $209,500
2019 $5,904 $253,000 $43,500 $209,500
2018 $5,102 $230,000 $43,500 $186,500
2017 $5,287 $230,000 $43,500 $186,500
2016 $5,434 $230,000 $41,400 $188,600
2015 $5,491 $230,000 $41,400 $188,600
2014 $5,494 $230,000 $41,400 $188,600
2013 $3,146 $144,200 $37,600 $106,600
Source: Public Records

Agents Affiliated with this Home

  • Erin Bunbury Novak

    Seller's Agent in 2013

    Erin Bunbury Novak

    Bunbury & Assoc, REALTORS

    (608) 438-4344

    68 Total Sales

    Erin Bunbury Novak
    Section Image
  • Trent Halverson

    Buyer's Agent in 2013

    Trent Halverson

    Stark Company, REALTORS

    (608) 577-2013

    81 Total Sales

    Trent Halverson
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1677281

South Central Wisconsin Multiple Listing Service

APN: 0709-262-0412-7

Wisconsin Dane County Madison 53715 Bay Creek

714 Emerson St, Madison, WI

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