NOT LISTED FOR SALE

Estimated Value: $407,000 - $582,000

3 Beds
2 Baths
1,538 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 12, 2014

Last sale price $182,500 $119 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,496/month

Highlights

  • Balcony
  • Forced Air Heating System
  • Washer and Dryer
  • Eat-In Kitchen
  • Family Room
  • Wood Siding

About This Home

As of March 2014

Great 2 flat located just off E. Washington Ave. near downtown Madison. Unit #1 is a 2 bedroom with one bath, unit #2 is a 1 bedroom with 1 bath and both units have beautiful hard wood floors throughout. New roof in 2005, new water heater installed in 2012 and both units are already rented for the 2013-2014 rental season with an annual gross income of $20,520.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 07/01/2013

Last Buyer's Agent

JoAnn Kane

Stark Company, REALTORS License #47885-90 511-4

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,038

Year Built

  • Built in 1904

Lot Details

  • 3,877

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-131-0205-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,038

Year Built

Built in 1904

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
  • Noi Year: 2013
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Vinyl, Wood

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Utilities: Separate elec meters

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

  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 20520

Tax Info

  • Land Assessment: 57000
  • Improvements: 101000
  • Total Assessment: 158000
  • Assessment year: 2013
  • Net Taxes: 4038
  • Tax Year: 2012
  • Assessor Parcel Number: 0709-131-0205-3

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
Jul 1, 2013
Closed on
Mar 12, 2014
Sold by
Orton Park Llc
Bought by
Davidson Family Trust
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
JoAnn Kane
Stark Company, REALTORS
List Price
$189,900
Sold Price
$182,500
Premium/Discount to List
-$7,400
-3.9%
Current Estimated Value
$470,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,637
Avg. Annual Appreciation
8.33%
Original Mortgage
$136,875
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2012
Sold by
9 North Baldwin Llc
Bought by
Orton Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
3.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Davidson Family Trust $182,500 First American Title Co
Orton Park Llc $138,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Family Trust $136,875
Previous Owner Orton Park Llc $138,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2014 03/12/14 Sold $182,500 -3.9% $119 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
07/01/2013 07/01/13 For Sale $189,900 -- $123 / 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 $12,154 $348,000 $98,700 $249,300
2023 $5,856 $325,200 $98,700 $226,500
2021 $6,080 $286,800 $91,400 $195,400
2020 $5,888 $265,600 $85,400 $180,200
2019 $5,468 $245,900 $77,600 $168,300
2018 $5,197 $234,200 $74,600 $159,600
2017 $4,888 $212,900 $74,600 $138,300
2016 $4,559 $193,500 $69,100 $124,400
2015 $4,341 $164,300 $59,300 $105,000
2014 $3,903 $164,300 $59,300 $105,000
2013 $4,107 $158,000 $57,000 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1689834

South Central Wisconsin Multiple Listing Service

APN: 0709-131-0205-3