NOT LISTED FOR SALE

Estimated Value: $834,218 - $1,001,000

6 Beds
5 Baths
3,311 Sq Ft
$272/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $799,900 $242 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,593/month

87 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Family Room
  • Detached Garage
  • Forced Air Heating and Cooling System
  • 2-minute walk to Reynolds Park

About This Home

As of March 2024

Incredible opportunity to owner occupy, short term rent, or own an investment property that is newly built on the booming near east side of Madison. A perfect location in the heart of the newest restaurants, music venues, and new appeal of the invigorated east side. This is a unique home, boasting a 2017 built 5 bed unit, a 2 car garage with a 1 bed unit above. This home is in walking distance to all the amenities of the near east side, the capitol square, Breese Stevens, and more. Bike, walk, and enjoy nearby parks and lake access. Newly built homes in this area just don't exist. Come check it out and don't miss this amazing opportunity.

Last Agent to Sell the Property

Matt Heilman

Compass Real Estate Wisconsin License #79737-94 Listed on: 12/06/2023

Compass Real Estate Wisconsin

Last Buyer's Agent

Lindsey DeFlorian

Lauer Realty Group, Inc. License #94040-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,074

Year Built

  • Built in 2017

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Poured Concrete
  • Press Board Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Detached Garage
  • 4 Open Parking Spaces
  • Driveway Level

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-132-0513-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,074

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Barrier Free: Level drive, Level lot
  • Items Excluded: Sellers personal property
  • Items Included: 2 refrigerators, 2 range/ovens, 2 dishwashers, 2 washers, 2 dryers, all window coverings
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, Poured concrete foundatn, Sump pump
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Pressed board

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.1
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 66000

Tax Info

  • Net Taxes: 15074
  • Tax Year: 2022
  • Assessor Parcel Number: 0709-132-0513-8

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Mar 28, 2024
Sold by
Cook Revocable Living Trust
Bought by
Luanne Burns Living Trust and Burns
Seller's Agent
Matt Heilman
Compass Real Estate Wisconsin
Buyer's Agent
Lindsey DeFlorian
Lauer Realty Group, Inc.
List Price
$825,000
Sold Price
$799,900
Premium/Discount to List
-$25,100
-3.04%
Views
45
Current Estimated Value
$901,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,655
Avg. Annual Appreciation
6.76%

Purchase Details

Listed on
Dec 1, 2015
Closed on
Feb 22, 2016
Sold by
Peterson Ray A
Bought by
Gorman Adam
Seller's Agent
Matt Kornstedt
Stark Company, REALTORS
Buyer's Agent
Marilee Gorman
Berkshire Hathaway HomeServices True Realty
List Price
$209,160
Sold Price
$170,000
Premium/Discount to List
-$39,160
-18.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.10%
Original Mortgage
$127,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Luanne Burns Living Trust $799,900 None Listed On Document
Gorman Adam $170,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorman Adam $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2024 03/28/24 Sold $799,900 0.0% $242 / Sq Ft
02/22/2024 02/22/24 Price Changed $799,900 -3.0% $242 / Sq Ft
12/06/2023 12/06/23 For Sale $825,000 +7.8% $249 / Sq Ft
12/22/2021 12/22/21 Sold $765,000 -4.4% $231 / Sq Ft View Prior Sale
11/23/2021 11/23/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $799,900 +370.5% $242 / Sq Ft
02/26/2016 02/26/16 Sold $170,000 -18.7% $141 / Sq Ft View Prior Sale
12/30/2015 12/30/15 Pending -- -- --
12/01/2015 12/01/15 For Sale $209,160 -- $174 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $28,178 $780,300 $102,700 $677,600
2023 $13,895 $765,000 $102,700 $662,300
2022 $30,148 $765,000 $95,100 $669,900
2021 $12,448 $583,000 $95,100 $487,900
2020 $12,049 $539,800 $88,900 $450,900
2019 $11,195 $499,800 $80,800 $419,000
2018 $10,642 $476,000 $77,700 $398,300
2017 $2,742 $120,900 $77,700 $43,200
2016 $3,995 $170,000 $71,900 $98,100
2015 $4,142 $174,300 $61,700 $112,600
2014 $4,145 $174,300 $61,700 $112,600
2013 $3,785 $167,600 $59,300 $108,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1968185

South Central Wisconsin Multiple Listing Service

APN: 0709-132-0513-8