NOT LISTED FOR SALE

821 Fairmont Ave Madison, WI 53714

Hawthorne Neighborhood

Estimated Value: $317,384 - $402,000

4 Beds
2 Baths
1,500 Sq Ft
$235/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $190,000 $127 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,720/month

24 Days on Market

Highlights

  • Balcony
  • Accessible Bedroom
  • Water Softener is Owned
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Forced Air Heating System

About This Home

As of October 2016

Fantastic East Madison investment opportunity! This very well maintained side by side duplex has long term renters on Month to Month lease terms. Tenants take care of gas, electricity, mowing and snow removal. Newer roof and windows in 2006. Off street parking. Two bedroom, 1 bath units with a full basement. Recent City of Madison inspection done on the property. Minimum of 24 hours notice needed to schedule showings. Contact the listing agent Lindsay Gallagher at 608.513.2628 with questions or to schedule a showing.

Last Agent to Sell the Property

Lindsay Gallagher

Lindsay Gallagher & Associates License #57099-90 Listed on: 08/06/2016

Last Buyer's Agent

Christine Edwards

South Central Non-Member License #80560-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,251

Year Built

  • Built in 1957

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Hawthorne Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 0810-324-1502-9

Community Details

Overview

  • 2 Units
  • Lexington Park Subdivision

Building Details

  • Net Operating Income $11,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,251

Year Built

Built in 1957

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: First floor bedroom, First floor full bath, Level drive, Level lot
  • Miscellaneous: Water Softener Owned
  • Noi Year: 2015
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 4950

Schools

  • School District: Madison
  • Elementary School: Hawthorne
  • Middle School: OKeeffe
  • High School: East
  • Elementary School: Hawthorne
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.18
  • Zoning: TR-V1

Rental Info

  • Total Income: 16800

Tax Info

  • Land Assessment: 42600
  • Improvements: 108400
  • Total Assessment: 151000
  • Assessment year: 2016
  • Net Taxes: 3251
  • Tax Year: 2015
  • Assessor Parcel Number: 0810-324-1502-9

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2016
Closed on
Oct 14, 2016
Sold by
Teachers Properties Llp
Bought by
Nunez Eudiomenes
Seller's Agent
Lindsay Gallagher
Lindsay Gallagher & Associates
Buyer's Agent
Christine Edwards
South Central Non-Member
List Price
$194,900
Sold Price
$190,000
Premium/Discount to List
-$4,900
-2.51%
Current Estimated Value
$352,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,096
Avg. Annual Appreciation
5.91%
Original Mortgage
$142,500
Outstanding Balance
$115,903
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$201,122
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
Nunez Eudiomenes $190,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Eudiomenes $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $190,000 -2.5% $127 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
08/06/2016 08/06/16 For Sale $194,900 -- $130 / 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 $9,803 $281,600 $56,900 $224,700
2023 $4,768 $265,700 $53,700 $212,000
2021 $4,633 $219,500 $54,600 $164,900
2020 $4,403 $199,500 $49,200 $150,300
2019 $4,207 $190,000 $46,900 $143,100
2018 $4,201 $190,000 $46,900 $143,100
2017 $4,354 $190,000 $42,600 $147,400
2016 $3,540 $151,000 $42,600 $108,400
2015 $3,251 $151,100 $42,600 $108,500
2014 $3,583 $151,100 $42,600 $108,500
2013 $3,271 $145,300 $41,000 $104,300
Source: Public Records

Agents Affiliated with this Home

  • Lindsay Gallagher

    Seller's Agent in 2016

    Lindsay Gallagher

    Lindsay Gallagher & Associates

    (608) 513-2628

    52 Total Sales

    Lindsay Gallagher
    Section Image

  • C

    Buyer's Agent in 2016

    Christine Edwards

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1784102

South Central Wisconsin Multiple Listing Service

APN: 0810-324-1502-9

Wisconsin Dane County Madison 53714 Hawthorne

821 Fairmont Ave, Madison, WI

This home is located at 821 Fairmont Ave, Madison, WI 53714 since 06 August 2016 and is currently estimated at $352,096, approximately $234 per square foot. This property was built in 1957. 821 Fairmont Ave is a home located in Dane County with nearby schools including Hawthorne Elementary School, O'Keeffe Middle, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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