$245,000
SOLD APR 3, 2015
5 Beds
2 Baths
2,300 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

12% Below List Price

203 Days on Market

Highlights

  • Eat-In Kitchen
  • ENERGY STAR Qualified Appliances
  • Dining Room
  • Property is near a bus stop
  • Water Softener is Owned
  • 4-minute walk to Reynolds Park

About This Home

As of November 2024

Beautifully restored brick home in downtown Madison. Short walk to the Capitol, University, parks, shopping, & more! 2 units featuring natural hardwoods, new stainless steel appliances, large bedrooms, and on-site laundry. Off-road parking for up to 6 vehicles, located on several public bus lines. Home could easily be converted back into a single family home or kept as is. Easily leased, positive cash flow. Updates include all new windows, electrical, plumbing, mechanicals, cosmetics & major curb appeal!

Last Agent to Sell the Property

Brittney Buchholz

Buchholz Home Team, LLC License #58350-90 Listed on: 07/31/2014

Buchholz Home Team, LLC

Last Buyer's Agent

Matthew Pantzlaff

Homestead Realty License #73316-94 2092-10

Homestead Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,867

Year Built

  • Built in 1914

Parking

  • Outside Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Heating System Uses Steam
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • 3,049 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-132-0713-4

Community Details

Overview

  • 2 Units
  • Prospect Place Subdivision

Building Details

  • Net Operating Income $23,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,867

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Noi Year: 2014
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 2
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Steam

Utilities

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

Fee Information

  • Total Expenses: 8400

Schools

  • School District: Madison
  • Elementary School: Lapham/Marquette
  • Middle School: OKeeffe
  • High School: East
  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.07
  • Zoning: TR-V2
  • Geo Subdivision: WI

Green Features

  • Energy Efficient Green: Energy Star Appliance(s)

Rental Info

  • Total Income: 31600

Tax Info

  • Land Assessment: 63600
  • Improvements: 143000
  • Total Assessment: 206600
  • Assessment year: 2014
  • Net Taxes: 4867
  • Tax Year: 2014
  • Assessor Parcel Number: 0709-132-0713-4

Multi Family

  • Number Of3 Bedrooms: 1
  • Number Of Efficiencies: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Nov 26, 2024
Sold by
Badger Abroad Properties Llc
Bought by
Odle Taylor Kincaid and Gianitsis Joshua Michael
Seller's Agent
Matthew Pantzlaff
Homestead Realty
Buyer's Agent
Stacy Ozanne
First Weber, Inc
List Price
$499,900
Sold Price
$459,185
Premium/Discount to List
-$40,715
-8.14%
Views
79
Current Estimated Value
$462,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,699
Avg. Annual Appreciation
1.39%
Original Mortgage
$344,185
Outstanding Balance
$342,916
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$119,968

Purchase Details

Listed on
Jul 31, 2014
Closed on
Apr 3, 2015
Sold by
Howell Michael A
Bought by
Badger Abroad Properties Llc
Seller's Agent
Brittney Buchholz
Buchholz Home Team, LLC
Buyer's Agent
Matthew Pantzlaff
Homestead Realty
List Price
$280,000
Sold Price
$245,000
Premium/Discount to List
-$35,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$196,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2012
Sold by
Greene Denis L and Greene Denis
Bought by
Howell Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,690
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2011
Sold by
Greene Daniel D
Bought by
Greene Denis

Purchase Details

Closed on
Mar 18, 2005
Sold by
836 East Gorham Llc
Bought by
Greene Denise L and Greene Daniel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $459,200 None Listed On Document
Warranty Deed $459,200 None Listed On Document
Warranty Deed $245,000 None Available
Warranty Deed $170,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $199,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $344,185 New Conventional
Closed $344,185 New Conventional
Previous Owner $250,000 Commercial
Previous Owner $196,000 Purchase Money Mortgage
Previous Owner $165,690 FHA
Previous Owner $159,200 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $459,185 -3.3% $199 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
09/05/2024 09/05/24 Price Changed $474,900 -5.0% $206 / Sq Ft
07/24/2024 07/24/24 For Sale $499,900 +104.0% $217 / Sq Ft
04/03/2015 04/03/15 Sold $245,000 -12.5% $107 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
07/31/2014 07/31/14 For Sale $280,000 -- $122 / 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 $17,104 $487,800 $109,800 $378,000
2023 $8,245 $455,900 $109,800 $346,100
2021 $8,163 $383,700 $101,700 $282,000
2020 $7,904 $355,300 $91,600 $263,700
2019 $7,342 $329,000 $84,800 $244,200
2018 $5,913 $266,000 $81,500 $184,500
2017 $6,127 $266,000 $76,200 $189,800
2016 $5,793 $245,000 $76,200 $168,800
2015 $4,924 $206,600 $63,600 $143,000
2014 $4,928 $206,600 $63,600 $143,000
2013 $4,700 $198,700 $61,200 $137,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1723877

South Central Wisconsin Multiple Listing Service

APN: 0709-132-0713-4