NOT LISTED FOR SALE

Estimated Value: $785,000 - $849,000

5 Beds
8 Baths
4,000 Sq Ft
$202/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $750,000 $188 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,989/month

19 Days on Market

Highlights

  • Vaulted Ceiling
  • Den
  • Eat-In Kitchen
  • Spring Harbor Middle School Rated A-
  • Fireplace
  • En-Suite Primary Bedroom

About This Home

As of August 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 8134 is currently rented and the lease expires 6/30/2025. Unit 8136 is vacant. The combined market rent each month is $5,180 for both units, $2,645 for unit 8134 and $2,535 for unit 8136. Each unit features a fantastic open layout with a great room, 2,000 square feet, 2-car, attached garages, and finished lower levels. Unit 8134 has 3 bedrooms, and Unit 8136 has 2 bedrooms plus a loft. Unparalleled opportunity! Call (608) 620-4177 for showings.

Last Agent to Sell the Property

Dan Chin Homes Team

Real Broker LLC Listed on: 05/16/2024

Real Broker LLC

Last Buyer's Agent

Brian Elliott

All Star Properties License #51788-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,897

Year Built

  • Built in 2002

Lot Details

  • 7,841

Parking

  • 4 Covered Spaces

Home Design

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

Interior Spaces

  • En-Suite Primary Bedroom
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Partially Finished Basement

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • 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 0708-344-0513-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,897

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 Excluded: Seller/Tenant's Personal Property
  • Items Included: Range/Oven (2), Microwave (2), Dishwasher (2), Refrigerator (2), Disposal (2), Washer (2), Dryer (2), Water Softener (2), Sump Pump (2)
  • Miscellaneous: Close to bus line, Water Softener Owned, Internet - Cable, Internet -Fiber Available
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partial, Partially finished, Poured concrete foundatn, Sump pump
  • 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, 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
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

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

Lot Info

  • Estimated Aces: 0.18
  • Zoning: PD

Rental Info

  • Total Income: 62160

Tax Info

  • Land Assessment: 154400
  • Improvements: 386400
  • Total Assessment: 540800
  • Assessment year: 2024
  • Net Taxes: 8897
  • Tax Year: 2023
  • Assessor Parcel Number: 0708-344-0513-0

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Aug 12, 2024
Sold by
Camop Llc
Bought by
Zimmerman Melanie and Zimmerman Robert
Seller's Agent
Dan Chin Homes Team
Real Broker LLC
Buyer's Agent
Brian Elliott
All Star Properties
List Price
$815,000
Sold Price
$750,000
Premium/Discount to List
-$65,000
-7.98%
Views
21
Current Estimated Value
$807,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,731
Avg. Annual Appreciation
7.39%

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
Zimmerman Melanie $750,000 One Real Title
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 Change Sq Ft Price
08/09/2024 08/09/24 Sold $750,000 -6.3% $188 / Sq Ft
07/11/2024 07/11/24 Price Changed $800,000 -1.8% $200 / Sq Ft
06/28/2024 06/28/24 For Sale $815,000 0.0% $204 / Sq Ft
06/28/2024 06/28/24 Price Changed $815,000 +8.7% $204 / Sq Ft
05/16/2024 05/16/24 Off Market $750,000 -- --
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 $19,052 $540,800 $154,400 $386,400
2023 $8,898 $491,600 $140,400 $351,200
2021 $8,645 $392,000 $112,000 $280,000
2020 $8,077 $363,000 $103,700 $259,300
2019 $8,109 $363,000 $103,700 $259,300
2018 $8,097 $363,000 $99,700 $263,300
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 $7,682 $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: 1977388

South Central Wisconsin Multiple Listing Service

APN: 0708-344-0513-0