NOT LISTED FOR SALE

Estimated Value: $790,000 - $880,046

8 Beds
6 Baths
4,342 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $427,500 $98 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,372/month

Highlights

  • Open Floorplan
  • Balcony
  • Property is near a bus stop
  • Spring Harbor Middle School Rated A-
  • Fireplace
  • 1-minute walk to Midtown Commons Park

About This Home

As of August 2014

Rare duplex backing to pond near Verona. Great rental history! 4 bedrooms, 3 baths each side overlooking walking trail & large park in SW Madison. Owner occupied possibility before 8/1. Great views of pond/park from great room, master bdrm, & LL family room. Main level features open concept kitchen w/maple cabinetry, tile floors, pantry, corner gas fireplace, & vaulted ceiling. 2 BRs, including master, & 2 baths on main level. Finished LL w/large family room, 2 bdrms, & full bath. Rental income $3850/mth.

Last Agent to Sell the Property

Stuart Meland

Madcityhomes.Com License #51242-90 Listed on: 06/06/2014

Last Buyer's Agent

Randy Lenz

NextHome Metro License #39542-90

NextHome Metro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,383

Year Built

  • Built in 2003

Lot Details

  • 10,803

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Family Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Basement

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

Parking

  • Garage
  • Garage Door Opener

Schools

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

Utilities

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

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • 2 Units
  • Midtown Commons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0708-344-0205-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,383

Year Built

Built in 2003

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
  • Barrier Free: Open floor plan
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Noi Year: 2014
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, 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, Brick, Stone

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached, Opener inc
  • Utilities: Separate elec meters, Separate gas 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

  • Zoning: PUDSIP
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 115700
  • Improvements: 224300
  • Total Assessment: 340000
  • Assessment year: 2014
  • Net Taxes: 8383
  • Tax Year: 2013
  • Assessor Parcel Number: 0708-344-0205-3

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2014
Closed on
Aug 6, 2014
Sold by
Franke Eric G and Franke Frank Kimberly
Bought by
Frey Ross and Frey Theresa
Seller's Agent
Stuart Meland
Madcityhomes.Com
Buyer's Agent
Randy Lenz
NextHome Metro
List Price
$449,900
Sold Price
$427,500
Premium/Discount to List
-$22,400
-4.98%
Current Estimated Value
$846,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,012
Avg. Annual Appreciation
6.29%
Original Mortgage
$340,000
Outstanding Balance
$259,636
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$586,876
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
Frey Ross $427,500 Dane County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frey Ross $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2014 08/06/14 Sold $427,500 -5.0% $98 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $449,900 -- $104 / 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 $23,197 $659,900 $211,500 $448,400
2023 $10,877 $599,900 $192,300 $407,600
2021 $9,896 $478,400 $153,400 $325,000
2020 $9,680 $443,000 $142,000 $301,000
2019 $9,695 $443,000 $142,000 $301,000
2018 $9,328 $426,000 $136,500 $289,500
2017 $9,859 $426,000 $128,800 $297,200
2016 $10,132 $426,000 $121,500 $304,500
2015 $10,237 $340,000 $115,700 $224,300
2014 $8,159 $340,000 $115,700 $224,300
2013 $8,142 $340,000 $115,700 $224,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1718246

South Central Wisconsin Multiple Listing Service

APN: 0708-344-0205-3