NOT LISTED FOR SALE

Estimated Value: $722,000 - $853,000

8 Beds
8 Baths
5,280 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $725,000 $137 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,865/month

5 Days on Market

Highlights

  • Den
  • Level Entry For Accessibility
  • Ramped or Level from Garage
  • Balcony
  • Accessible Bedroom
  • Accessible Full Bathroom

About This Home

As of September 2023

Nice 4 unit building between Hwy 153 and Highway 30, above East Towne Mall. New insulated garage doors in 2013. New 30 year roof in 2020. Updated units. Separate Dining and office/playroom in each unit. Back porches or decks in the back, away from the street. All appliances and washer and dryer in each unit. Owner has lived in the building for 11 years so income and expenses reflect that. Expenses are available to qualified buyers. Owner will remain in unit #2 after closing.

Last Agent to Sell the Property

Seth Pfaehler

The McGrady Group, LLC License #58575-90 Listed on: 07/06/2023

Co-Listed By

Matt McGrady

The McGrady Group, LLC License #53795-90

Last Buyer's Agent

Jon Poletti

Haven Real Estate Partners License #59287-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,923

Year Built

  • Built in 1995

Lot Details

  • 0.38 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Den

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Driveway Level
  • Outside Parking

Accessible Home Design

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

Schools

  • Schenk Elementary School
  • Whitehorse Middle School
  • Lafollette High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned
  • High Speed Internet

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • 4 Units
  • Prentice Prairie Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0810-343-1037-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,923

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: Ramped or level entrance, Ramped or lvl from garage, First floor bedroom, First floor full bath, Stall shower, Level drive, Level lot, Width of hallways 36"+, Door openings 29" or more, Low pile or no carpeting
  • Items Excluded: Tenant's personal items
  • Items Included: Refrigerator, range/oven, dishwasher, washer, dryer
  • Miscellaneous: Close to bus line, Water Softener Owned, Internet - Cable, Internet - Satellite/Dish
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Poured concrete foundatn
  • Number Dish Washers: 4
  • Number Dryers: 4
  • Number Furnaces: 4
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Units W Ac: 4
  • Number Washers: 4
  • Number Water Heaters: 4
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 6
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, 2 stall garage, Attached, 1 space, Outside, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • School District: Madison
  • Elementary School: Schenk
  • Middle School: Whitehorse
  • High School: Lafollette
  • Elementary School: Schenk
  • High School: Lafollette
  • Middle School: Whitehorse
  • School District: Madison

Lot Info

  • Estimated Aces: 0.38
  • Zoning: SR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 46800

Tax Info

  • Land Assessment: 90000
  • Improvements: 596000
  • Total Assessment: 695000
  • Assessment year: 2023
  • Net Taxes: 11923
  • Tax Year: 2022
  • Assessor Parcel Number: 0810-343-1037-6

Multi Family

  • Number Of2 Bedrooms: 4
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Sep 1, 2023
Sold by
Olson Leon and Olson Mary
Bought by
Thompson 22 Llc
Seller's Agent
Seth Pfaehler
The McGrady Group, LLC
Buyer's Agent
Jon Poletti
Haven Real Estate Partners
List Price
$735,000
Sold Price
$725,000
Premium/Discount to List
-$10,000
-1.36%
Views
84
Current Estimated Value
$778,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,987
Avg. Annual Appreciation
3.38%
Original Mortgage
$560,000
Outstanding Balance
$547,717
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$231,270
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
Thompson 22 Llc $715,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson 22 Llc $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $725,000 -1.4% $137 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $735,000 -- $139 / 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 $25,148 $715,000 $106,000 $609,000
2023 $12,615 $695,000 $99,000 $596,000
2021 $11,760 $551,000 $82,000 $469,000
2020 $11,716 $525,000 $82,000 $443,000
2019 $11,199 $500,000 $82,000 $418,000
2018 $10,167 $454,900 $81,500 $373,400
2017 $9,740 $420,900 $81,500 $339,400
2016 $10,010 $420,900 $74,500 $346,400
2015 $9,629 $400,900 $74,500 $326,400
2014 $9,635 $400,900 $74,500 $326,400
2013 $9,343 $388,900 $74,500 $314,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1959392

South Central Wisconsin Multiple Listing Service

APN: 0810-343-1037-6