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725 Pinecrest Drive,  Madison,  WI  53714 $426,000 Sold
725 Pinecrest Drive,  Madison,  WI  53714
$426,000
Sold
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 Property Type Multi Family
 Parcel # 0810-324-2104-2
 County Dane
 Sub Area E08
 Municipality Madison
 MLS# 1968422
 Listing Date 10/01/2023
 Sold Price $426,000
 Close Date 12/08/2023 12:00 AM

MLS Public Remarks  Single-party listing, entering as a potential sale comparable; however, property was not exposed to the open market. Buyer and seller were both typically motivated. Arm's length. Licensee interest. Conventional financing. Coin-op laundry is leased. Boiler heat. Long-term residents (all 4 had been there for at least 10 years).
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Madison
  • C/T/V  City
  • Unit #  
  • Directions  East Washington To South On Pinecrest
    • BUILDING INFO  
  • Number of Units  4
  • Year Built  1955
  • # Furnaces  1
  • Heating Type  Rad Elec
  • Heating Fuel  Nat Gas
  • # Water Heaters  1
  • # Water Softeners  1
  • # Stoves  4
  • # Refrigerators  4
  • # Dish Washers  0
  • # Washers  0
  • # Dryers  0
  • # Units w/AC  0
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  2
  • Number of 2 Bedrooms  2
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Madison
  • High School  East
  • Middle  OKeeffe
  • Elementary  Hawthorne
  • Land Assessment  $87,000
  • Improvements  $243,000
  • Total Assessment  $330,000
  • Net Taxes  $5,944
  • Assessment Year  2023
  • Tax Year  2023
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  TR-V1
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.24
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Eat-in kitchen, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Wood or sim. wood floor
  • Unit 2  
  • 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 07/31/2024 $950 850 2 Space No Yes Yes
    2 1 1 0 06/30/2024 $795 800 2 Space No Yes Yes
    3 2 1 0 07/31/2024 $950 850 2 Space No Yes Yes
    4 1 1 0 02/29/2024 $750 800 2 Space No Yes Yes
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured Concrete Foundation
    • EXTERIOR FEATURES  
  • Type   2 story, Apartment building
  • Parking per Unit  2 spaces, Outside
  • Barrier-free Features  
  • Exterior  Brick
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit
  • Legal Documents  Condition report on file, Lease(s) on file, Weatherizations cert.
  • Miscellaneous  Close to bus line, Shared laundry, Water Softener Owned



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Homestead Realty