NOT LISTED FOR SALE

Estimated Value: $701,048 - $844,000

6 Beds
8 Baths
4,000 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $710,000 $178 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,061/month

9 Days on Market

Highlights

  • Vaulted Ceiling
  • Den
  • Laundry Room
  • Spring Harbor Middle School Rated A-
  • Fireplace
  • 5-minute walk to Midtown Commons Park

About This Home

As of March 2024

Showings begin 1/18. 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 8130 is currently vacant and the lease for unit 8132 is up 11/30/24. Market rental rate is $2,645 for unit 8132 and $2,535 for unit 8130, grossing $5,180 per month. Each unit features a fantastic open layout with a great room, 2,000 sqft, a 2-car, attached garage, and finished lower level. Unit 8130 features 2 bedrooms plus a loft with an ensuite bath, while unit 8132 features 3 bedrooms, 2 of which have their own full ensuite bath. Unparalleled opportunity, and value! 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: 01/08/2024

Real Broker LLC

Last Buyer's Agent

Andy Kramer

Redfin Corporation License #88441-94

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,292

Year Built

  • Built in 2002

Lot Details

  • 7,841

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Den
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 4 Covered Spaces

Schools

  • Stephens Elementary School
  • Ezekiel Gillespie 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

  • 7,841 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Mid Town Commons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0708-344-0512-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,292

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
  • 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 -Fiber Available
  • Noi Year: 2023
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 4
  • Parking Stalls Outside: 2

Utilities

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

Schools

  • School District: Madison
  • Elementary School: Stephens
  • Middle School: Ezekiel Gillespie
  • High School: Memorial
  • Elementary School: Stephens
  • High School: Memorial
  • Middle School: Ezekiel Gillespie
  • School District: Madison

Lot Info

  • Estimated Aces: 0.18
  • Zoning: PD

Tax Info

  • Land Assessment: 140400
  • Improvements: 372800
  • Total Assessment: 513200
  • Assessment year: 2023
  • Net Taxes: 9292
  • Tax Year: 2023
  • Assessor Parcel Number: 0708-344-0512-2

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Mar 11, 2024
Sold by
Camop Llc
Bought by
Jung Alexandra and Jung Erik
Seller's Agent
Dan Chin Homes Team
Real Broker LLC
Buyer's Agent
Andy Kramer
Redfin Corporation
List Price
$700,000
Sold Price
$710,000
Premium/Discount to List
$10,000
1.43%
Views
34
Current Estimated Value
$777,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,262
Avg. Annual Appreciation
-0.87%
Original Mortgage
$290,430
Outstanding Balance
$281,978
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$419,090

Purchase Details

Listed on
Jan 8, 2024
Closed on
Mar 8, 2024
Sold by
Mary G Breunig Individual Revocable Trus
Bought by
Breunig Kurt J
Seller's Agent
Dan Chin Homes Team
Real Broker LLC
Buyer's Agent
Andy Kramer
Redfin Corporation
List Price
$700,000
Sold Price
$710,000
Premium/Discount to List
$10,000
1.43%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,430
Outstanding Balance
$281,978
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$419,090

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:

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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
Jung Alexandra $710,000 None Listed On Document
Breunig Kurt J -- None Listed On Document
Camop Llc $1,873,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Jing $290,430
Open Jung Alexandra $568,000
Closed Gal Yurii $407,384
Previous Owner Camop Llc $8,500,000
Previous Owner Dhr Duplex Rentals Llc $1,064,703
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $710,000 +1.4% $178 / Sq Ft
01/17/2024 01/17/24 For Sale $700,000 -1.4% $175 / Sq Ft
01/08/2024 01/08/24 Off Market $710,000 -- --
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 $21,913 $564,500 $154,400 $410,100
2023 $9,292 $513,200 $140,400 $372,800
2021 $8,714 $409,300 $112,000 $297,300
2020 $8,436 $379,000 $103,700 $275,300
2019 $8,470 $379,000 $103,700 $275,300
2018 $8,457 $379,000 $99,700 $279,300
2017 $8,457 $365,900 $94,100 $271,800
2016 $8,195 $345,200 $88,800 $256,400
2015 $7,883 $328,800 $84,600 $244,200
2014 $7,888 $328,800 $84,600 $244,200
2013 $7,962 $328,800 $84,600 $244,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1969362

South Central Wisconsin Multiple Listing Service

APN: 0708-344-0512-2