NOT LISTED FOR SALE

Estimated Value: $568,968 - $688,000

3 Beds
2 Baths
1,728 Sq Ft
$369/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $500,000 $289 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,920/month

Highlights

  • Open Floorplan
  • Wood Flooring
  • Eat-In Kitchen
  • Hamilton Middle School Rated A
  • Balcony
  • Accessible Bedroom

About This Home

As of April 2021

Exceptional 2 Flat steps away from Arboretum, Monona Bay, Henry Vilas zoo/beach, St. Marys & Meriter Hospital. Meticulously maintained by owner of 29 years, this 2 flat offers lots of natural light, loads of closets, original wood flooring and doors, spacious kitchens and living spaces, walk out balcony and porch off each unit to enjoy the evening breeze. 2 1/2 car garage PLUS 2 outdoor parking spaces. Many updates over the years helps to make this the perfect place to live or for investment! Leases end May 30th 2021

Last Agent to Sell the Property

Maria Antoinette Cannarella

Restaino & Associates License #36765-94 Listed on: 02/03/2021

Last Buyer's Agent

Sarah Deischer

Sprinkman Real Estate License #58019-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,074

Year Built

  • Built in 1936

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Dining Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Grab Bar In Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West 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

Community Details

  • 2 Units
  • Net Operating Income $16,412

Listing and Financial Details

  • Assessor Parcel Number 0709-262-2008-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,074

Year Built

Built in 1936

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
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Grab bars in bath, Level drive, Level lot, Low pile or no carpeting
  • Miscellaneous: Close to bus line, Water Softener Owned, Internet - Cable
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2

Exterior Features

  • Exterior: Vinyl

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: 2 stall garage, 2 spaces, Opener inc
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Fee Information

  • Total Expenses: 11788

Schools

  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.11
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 2350

Tax Info

  • Net Taxes: 9074
  • Tax Year: 2020
  • Assessor Parcel Number: 0709-262-2008-2

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Apr 5, 2021
Sold by
Stockhausen Janet I and Janet I Stockhausen Revocable
Bought by
Hairston Lorenzo G
Seller's Agent
Maria Antoinette Cannarella
Restaino & Associates
Buyer's Agent
Sarah Deischer
Sprinkman Real Estate
List Price
$498,000
Sold Price
$500,000
Premium/Discount to List
$2,000
0.4%
Current Estimated Value
$638,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,242
Avg. Annual Appreciation
5.50%
Original Mortgage
$375,000
Outstanding Balance
$338,033
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$300,209
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
Hairston Lorenzo G $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hairston Lorenzo G $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $500,000 +0.4% $289 / Sq Ft
02/03/2021 02/03/21 For Sale $498,000 -- $288 / 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 $18,959 $535,000 $171,900 $363,100
2023 $9,051 $500,000 $132,200 $367,800
2021 $9,019 $423,500 $113,400 $310,100
2020 $9,074 $391,100 $113,400 $277,700
2019 $8,782 $376,100 $109,000 $267,100
2018 $8,081 $345,000 $100,900 $244,100
2017 $7,705 $316,500 $100,900 $215,600
2016 $7,358 $293,100 $93,400 $199,700
2015 $6,617 $276,500 $77,300 $199,200
2014 $6,621 $276,500 $77,300 $199,200
2013 $6,293 $276,500 $72,200 $204,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1901847

South Central Wisconsin Multiple Listing Service

APN: 0709-262-2008-2