NOT LISTED FOR SALE

Estimated Value: $454,000 - $522,000

6 Beds
4 Baths
2,560 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $235,000 $92 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,123/month

6 Days on Market

Highlights

  • Balcony
  • Fireplace
  • 1-Story Property
  • Vel Phillips Memorial High School Rated A
  • Eat-In Kitchen
  • 4-minute walk to Elver Park

About This Home

As of July 2017

Additional pics coming soon. Great owner occupant duplex or use as an investment. Set back on a cul-de-sac and surrounded by trees, each side of this duplex has large dining and kitchen area, deck and 3 BRs. Living room has wood-burning fireplace, central air and appliances. Updated flooring. Per seller, mechanicals are 10 years old. Both sides have been consistently rented, but this could make a great home as well!

Last Agent to Sell the Property

Sarah Deischer

Sprinkman Real Estate License #58019-90 Listed on: 06/12/2017

Co-Listed By

Melissa Hanewicz

Sprinkman Real Estate License #54688-90

Last Buyer's Agent

Vern Acker

RE/MAX Preferred License #42598-90

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,741

Year Built

  • Built in 1981

Lot Details

  • 9,932

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Family Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • Garage
  • Garage Door Opener

Schools

  • Call School District Elementary School
  • Toki Middle School
  • Memorial High School

Utilities

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

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0708-362-0704-7

Community Details

Overview

  • 2 Units
  • Park Ridge Subdivision

Building Details

  • Net Operating Income $18,015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,741

Year Built

Built in 1981

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
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Noi Year: 2015
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Finished, Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 7085

Schools

  • School District: Madison
  • Elementary School: Call School District
  • Middle School: Toki
  • High School: Memorial
  • Elementary School: Call School District
  • High School: Memorial
  • Middle School: Toki
  • School District: Madison

Lot Info

  • Zoning: PCD
  • Geo Subdivision: WI

Rental Info

  • Total Income: 25100

Tax Info

  • Land Assessment: 70900
  • Improvements: 153700
  • Total Assessment: 224600
  • Assessment year: 2017
  • Net Taxes: 4741
  • Tax Year: 2016
  • Assessor Parcel Number: 0708-362-0704-7

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Karbassi Mohammad and Karbassi Mahin
Bought by
M And M Karbassi Revocable Living Trust
Current Estimated Value
$487,483

Purchase Details

Listed on
Jun 12, 2017
Closed on
Jul 10, 2017
Sold by
Mckenzie Hubert A
Bought by
Karbassi Mohammad and Karbassi Mahin
Seller's Agent
Sarah Deischer
Sprinkman Real Estate
Buyer's Agent
Vern Acker
RE/MAX Preferred
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
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
M And M Karbassi Revocable Living Trust -- None Listed On Document
Karbassi Mohammad $235,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2017 07/10/17 Sold $235,000 0.0% $92 / Sq Ft
06/18/2017 06/18/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $235,000 -- $92 / 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 $14,895 $425,400 $115,700 $309,700
2023 $6,980 $386,700 $105,200 $281,500
2021 $6,723 $316,700 $86,200 $230,500
2020 $6,003 $270,700 $73,700 $197,000
2019 $6,119 $253,000 $73,700 $179,300
2018 $5,373 $235,000 $73,700 $161,300
2017 $5,314 $224,600 $70,900 $153,700
2016 $4,742 $200,500 $63,300 $137,200
2015 $4,682 $192,700 $63,300 $129,400
2014 $4,591 $192,700 $63,300 $129,400
2013 $4,547 $192,700 $61,500 $131,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1806245

South Central Wisconsin Multiple Listing Service

APN: 0708-362-0704-7