NOT LISTED FOR SALE

826 Mayfair Ave Madison, WI 53714

Hawthorne Neighborhood

Estimated Value: $342,346 - $441,000

4 Beds
2 Baths
1,720 Sq Ft
$226/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $229,900 $134 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,958/month

4 Days on Market

Highlights

  • Open Floorplan
  • Detached Garage
  • Level Entry For Accessibility
  • Fenced Yard
  • Eat-In Kitchen
  • 5-minute walk to Brigham Park

About This Home

As of October 2018

Investors’ dream!! Cash-flowing property w/long-term tenants and little to no owner duties. Quality brick ranch duplex is a boutique facility. Separate: gas/water&electric. Utilities handled by tenants including lawn & snow. Both units: 2 bedrooms/one bath & are rented thru 8/19 by same group for 9 years. Shared: 2 car detached garage plus parking; common main-floor laundry room with 2 sets of hookups: 1 washer & 2 new dryers incldd. Per sellers: Front/828 Bath & kitchen refresh in 2017. Roof in ’08, furnaces @2010-ish. Most appliances newer. Please contact listing agent for more info.

Last Agent to Sell the Property

Amy Ripp

First Weber Inc License #62005-94 Listed on: 09/05/2018

Last Buyer's Agent

Ryan Koch

Keller Williams Realty License #68599-94

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,170

Year Built

  • Built in 1957

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Bathroom on Main Level
  • 1-Story Property
  • Open Floorplan
  • Family Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Detached Garage
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility
  • Low Pile Carpeting
  • Ramped or Level from Garage

Location

  • Property is near bus stop

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0810-324-1512-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,170

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, 1 story
  • Barrier Free: Open floor plan, Ramped or level entrance, Ramped or lvl from garage, First floor bedroom, First floor full bath, Level drive, Level lot, Low pile or no carpeting
  • Items Excluded: tenants personal property
  • Miscellaneous: Shared laundry, Close to bus line, Fenced yard
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Detached, 1 space
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Fee Information

  • Total Expenses: 905

Schools

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

Lot Info

  • Estimated Aces: 0.18
  • Zoning: R4

Rental Info

  • Total Income: 23400

Tax Info

  • Net Taxes: 4170
  • Tax Year: 2017
  • Assessor Parcel Number: 0810-324-1512-8

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2022
Sold by
Schwefel James P
Bought by
Schwefel Living Trust
Current Estimated Value
$389,087

Purchase Details

Listed on
Sep 5, 2018
Closed on
Oct 12, 2018
Sold by
Gorman James P and Lynn A Gorman Revocable Trust
Bought by
Schwefel James P and Schwefel Jessica L
Seller's Agent
Amy Ripp
First Weber Inc
Buyer's Agent
Ryan Koch
Keller Williams Realty
List Price
$229,900
Sold Price
$229,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$172,425
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2013
Sold by
Gorman James P and Gorman Lynn A
Bought by
The James P & Lynn A Gorman Revocable Tr

Purchase Details

Closed on
Apr 21, 2006
Sold by
Gray Ernsetine E and Estate Of Anthony M Gray
Bought by
Gorman James P and Gorman Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schwefel Living Trust -- None Listed On Document
Schwefel James P $229,900 None Available
The James P & Lynn A Gorman Revocable Tr -- None Available
Gorman James P $172,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwefel James P $172,425
Previous Owner Gorman James P $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2018 10/12/18 Sold $229,900 0.0% $134 / Sq Ft
09/09/2018 09/09/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $229,900 -- $134 / 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 $11,329 $324,700 $56,900 $267,800
2023 $5,511 $306,300 $53,700 $252,600
2022 $11,391 $291,700 $61,200 $230,500
2021 $5,616 $265,200 $54,600 $210,600
2020 $5,338 $241,100 $49,200 $191,900
2019 $5,100 $229,600 $46,900 $182,700
2018 $4,433 $200,300 $46,900 $153,400
2017 $4,169 $182,100 $42,600 $139,500
2016 $3,887 $165,500 $42,600 $122,900
2015 $3,929 $181,900 $42,600 $139,300
2014 $4,329 $181,900 $42,600 $139,300
2013 $3,953 $174,900 $41,000 $133,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Amy Ripp

    First Weber Inc

  • Ryan Koch

    Buyer's Agent in 2018

    Ryan Koch

    Keller Williams Realty

    (608) 219-9766

    109 Total Sales

    Ryan Koch
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1840647

South Central Wisconsin Multiple Listing Service

APN: 0810-324-1512-8

Wisconsin Dane County Madison 53714 Hawthorne

826 Mayfair Ave, Madison, WI

Not Listed for Sale

MultiFamily

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