NOT LISTED FOR SALE

Estimated Value: $619,000 - $762,000

4 Beds
6 Baths
3,320 Sq Ft
$210/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $686,900 $207 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,253/month

26 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Den
  • Spring Harbor Middle School Rated A-
  • Wood Flooring
  • 4-minute walk to Midtown Commons Park

About This Home

As of April 2024

Unique opportunity to own a well-maintained, 2-family duplex home in West Madison’s Mid Town Commons neighborhood, close to beautiful parks and University Ridge Golf Course. Excellent income opportunity granting you the ability to rent out both sides or live in one and rent the other. Unit 8129 is currently vacant and the lease for 8131 expires 8/31/24. The combined market rent each month is $5,070 for both units, $2,535 each. Each unit features a fantastic open layout with a great room, 1,660 sqft, a 2-car, attached garage, and finished lower level. Unparalleled opportunity! Call (608) 620-4177 for showings. More photos & info at danchinhomes.com

Last Agent to Sell the Property

Dan Chin Homes Team

Real Broker LLC Listed on: 02/12/2024

Real Broker LLC

Last Buyer's Agent

Omar Ortiz

Flamboyant Real Estate Group LLC License #58821-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,606

Year Built

  • Built in 2002

Lot Details

  • 6,534

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Laundry

  • Laundry in unit
  • Washer and Dryer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Windows

Parking

  • Attached Garage
  • Garage Door Opener

Schools

  • Stephens Elementary School
  • Jefferson Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Individual Controls for Heating
  • Water Softener is Owned
  • High Speed Internet
  • Internet Available

Additional Features

  • 6,534 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 2 Units
  • Mid Town Commons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0708-344-0305-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,606

Year Built

Built in 2002

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, Townhouse style units
  • Barrier Free: Open floor plan
  • Items Included: 2 Range/Ovens, 2 Microwaves, 2 Dishwashers, 2 Refrigerators, 2 Disposals, 2 Washers, 2 Dryers, 2 Water Softeners, All Window Coverings, 2 Sump Pumps
  • Miscellaneous: Close to bus line, Water Softener Owned, Internet - Cable, Internet - DSL, Internet -Fiber Available
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Partially finished, Poured concrete foundatn, Sump pump
  • 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: 4
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached, 2 spaces, Opener inc

Schools

  • Elementary School: Stephens
  • High School: Memorial
  • Middle School: Jefferson
  • School District: Madison

Lot Info

  • Estimated Aces: 0.15
  • Zoning: PD

Green Features

  • Energy Efficient Green: Energy Star Appliance(s)

Tax Info

  • Net Taxes: 8606
  • Tax Year: 2022
  • Assessor Parcel Number: 0708-344-0305-1

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Apr 16, 2024
Sold by
Camop Llc
Bought by
Home Path Financial Lp Inc
Seller's Agent
Dan Chin Homes Team
Real Broker LLC
Buyer's Agent
Omar Ortiz
Flamboyant Real Estate Group LLC
List Price
$700,000
Sold Price
$686,900
Premium/Discount to List
-$13,100
-1.87%
Views
53
Current Estimated Value
$697,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,604
Avg. Annual Appreciation
0.89%

Purchase Details

Closed on
Jan 19, 2021
Sold by
Tad Duplex Llc
Bought by
Camop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,500,000
Interest Rate
2.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Home Path Financial Lp Inc $686,900 None Listed On Document
Camop Llc $1,873,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Camop Llc $8,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2024 04/16/24 Sold $686,900 -0.4% $207 / Sq Ft
03/08/2024 03/08/24 Price Changed $690,000 -1.4% $208 / Sq Ft
02/23/2024 02/23/24 For Sale $700,000 +1.9% $211 / Sq Ft
02/13/2024 02/13/24 Off Market $686,900 -- --
02/12/2024 02/12/24 For Sale $700,000 -- $211 / 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 $19,306 $550,000 $169,800 $380,200
2023 $9,051 $500,000 $154,400 $345,600
2021 $8,486 $398,700 $108,300 $290,400
2020 $8,216 $369,200 $100,300 $268,900
2019 $8,249 $369,200 $100,300 $268,900
2018 $7,917 $355,000 $96,400 $258,600
2017 $7,834 $339,200 $90,900 $248,300
2016 $7,591 $320,000 $85,800 $234,200
2015 $7,089 $296,000 $81,700 $214,300
2014 $7,093 $296,000 $81,700 $214,300
2013 $6,743 $296,000 $81,700 $214,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1970985

South Central Wisconsin Multiple Listing Service

APN: 0708-344-0305-1