NOT LISTED FOR SALE

Estimated Value: $784,000 - $877,729

3 Beds
4 Baths
1,605 Sq Ft
$518/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $705,000 $439 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,330/month

3 Days on Market

Highlights

  • Balcony
  • Outdoor Storage
  • Central Air
  • Hamilton Middle School Rated A

About This Home

As of February 2023

Calling all investors! Rare, easy to rent, sixplex with the potential to owner occupy! Each unit offers natural light, generous sized living spaces, ac units & private balconies. Building has been meticulously maintained with a new roof in 2021 & repaved parking lot in 2022! The basement offers a large laundry room, 6 private storage units, ½ bath & a great workroom/storage for the owner. Enjoy the low maintenance outdoor space and storage shed. Convenient location near hospitals, downtown & easy commute to both the West & East side of Madison. Unit 1 lease ending December.

Last Agent to Sell the Property

Daniel Tenney

MHB Real Estate License #55376-90 Listed on: 12/07/2022

Last Buyer's Agent

Angie Mary

Berkshire Hathaway HomeServices True Realty License #97824-94

Berkshire Hathaway HomeServices True Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,352

Year Built

  • Built in 1964

Lot Details

  • 10,019

Home Design

  • Brick Exterior Construction

Finished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 6 Open Parking Spaces
  • Outside Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters

Additional Features

  • Oven or Range
  • 10,019 Sq Ft Lot

Community Details

  • 6 Units
  • Vogels Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0709-262-1504-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,352

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Tenants Personal Property
  • Items Included: Refrigerator, Range/Oven, Disposal, Washer, 2 Dryers, Blinds
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished
  • Number Dryers: 2
  • Number Furnaces: 1
  • Number Refrigerators: 6
  • Number Stoves: 6
  • Number Units W Ac: 6
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 6

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.23
  • Zoning: Res
  • Geo Subdivision: WI

Rental Info

  • Total Income: 50400

Tax Info

  • Land Assessment: 87000
  • Improvements: 418000
  • Total Assessment: 505000
  • Assessment year: 2022
  • Net Taxes: 9352
  • Tax Year: 2021
  • Assessor Parcel Number: 0709-262-1504-1

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of Efficiencies: 2
  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Mar 3, 2023
Sold by
Aj Medford Group Llc
Bought by
Aj Medford Group Llc
Seller's Agent
Daniel Tenney
MHB Real Estate
Buyer's Agent
Angie Mary
Berkshire Hathaway HomeServices True Realty
List Price
$735,000
Sold Price
$705,000
Premium/Discount to List
-$30,000
-4.08%
Views
72
Current Estimated Value
$823,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,293
Avg. Annual Appreciation
5.94%
Original Mortgage
$564,000
Outstanding Balance
$548,869
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$265,544

Purchase Details

Listed on
Dec 7, 2022
Closed on
Feb 11, 2023
Sold by
Schmudlach Andrew Wyatt
Bought by
Engel Allen
Seller's Agent
Daniel Tenney
MHB Real Estate
Buyer's Agent
Angie Mary
Berkshire Hathaway HomeServices True Realty
List Price
$735,000
Sold Price
$705,000
Premium/Discount to List
-$30,000
-4.08%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Outstanding Balance
$548,869
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$265,544

Purchase Details

Closed on
Sep 13, 2021
Sold by
Schmudlach Andrew
Bought by
Schmudlach Andrew Wyatt

Purchase Details

Closed on
Nov 6, 2019
Sold by
Schmudlach Andrew
Bought by
Schmudlach Andrew Wyatt

Purchase Details

Closed on
Dec 5, 2011
Sold by
Schmudlach Maynard G and Schmudlach Mickie
Bought by
Schmudlach Andrew
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
Aj Medford Group Llc -- --
Engel Allen $705,000 --
Schmudlach Andrew Wyatt -- --
Schmudlach Andrew Wyatt -- None Available
Schmudlach Andrew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engel Allen $564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $705,000 -4.1% $439 / Sq Ft
12/07/2022 12/07/22 For Sale $735,000 -- $458 / 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 $24,794 $705,000 $106,000 $599,000
2023 $12,798 $705,000 $96,000 $609,000
2021 $9,352 $439,000 $79,000 $360,000
2020 $8,886 $399,000 $79,000 $320,000
2019 $8,493 $380,000 $79,000 $301,000
2018 $8,097 $363,000 $78,100 $284,900
2017 $7,620 $330,000 $78,100 $251,900
2016 $7,447 $314,000 $71,100 $242,900
2015 $7,307 $290,000 $71,100 $218,900
2014 $6,948 $290,000 $71,100 $218,900
2013 $6,420 $282,000 $71,100 $210,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1947631

South Central Wisconsin Multiple Listing Service

APN: 0709-262-1504-1