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1124-1148 Morraine View Dr,  Madison,  WI  53719 $7,560,000 Sold
1124-1148 Morraine View Dr,  Madison,  WI  53719
$7,560,000
Sold
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 Property Type Multi Family
 Parcel # 070835123070
 County Dane
 Sub Area W08
 Municipality Madison
 MLS# 1895884
 Listing Date 10/14/2020
 Sold Price $7,300,000
 Close Date 02/26/2021 12:00 AM

MLS Public Remarks  Unique opportunity to own 84 condominium units located on Madison's west side near Elver Park. 24 units are two bedrooms with one bath & 60 units are three bedrooms with one bath. All units have a washer/dryer, stove, refrigerator, PTAC HVAC system in the living room and electric baseboard heat in the bedrooms. Included with the sale are 51 underground parking stalls which are deeded to the condominium unit. This condo association has a total of 154 condo units, 108 underground parking stalls & 177 outdoor parking stalls on 7.64 acres. Owning 84 units out of the 154 units would have 54.54% ownership. Condo dues are $250/month per unit and parking dues are $25/month per parking stall.
Documents and Related Links  
* 8 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  S. Gammon Rd. To Morraine View Dr.
    • BUILDING INFO  
  • Number of Units  84
  • Year Built  1989
  • # Furnaces  7
  • Heating Type  1 Other
  • Heating Fuel  Elec
  • # Water Heaters  13
  • # Water Softeners  7
  • # Stoves  84
  • # Refrigerators  84
  • # Dish Washers  0
  • # Washers  84
  • # Dryers  84
  • # Units w/AC  84
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  23
  • Number of 3+ Bedrooms  61
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Middleton-Cross Plains
  • High School  Call School District
  • Middle  Call School District
  • Elementary  Call School District
  • Land Assessment  $0
  • Improvements  $0
  • Total Assessment  $0
  • Net Taxes  $0
  • Assessment Year  2020
  • Tax Year  2019
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  SR-V2
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  7.64
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Balcony/patio, Eat-in kitchen, Family/Rec. room, In-unit laundry, Individual heat control, Master bedroom bath, Pantry, Range/oven, Refrigerator, Washer/dryer
  • Unit 2  Air conditioning, Balcony/patio, Eat-in kitchen, Family/Rec. room, In-unit laundry, Individual heat control, Master bedroom bath, Pantry, Range/oven, Refrigerator
  • Unit 3  
  • Unit 4  
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 2 1 0 See Leases $0 0 1 Space No No Yes
    2 3 1 0 0 $0 0 1 Space No No Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included 84 stoves, 86 W/D, 51 parking stalls.
    Items Excluded  tenants personal property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Other Foundation
    • EXTERIOR FEATURES  
  • Type   3 story, Other
  • Parking per Unit  Outside, Parking fee, Underground
  • Barrier-free Features  
  • Exterior  Aluminum/Steel, Brick, Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  
  • Miscellaneous  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Madison Property Management, Inc.