5131-5133 Merwood Lane

Madison, WI 53718

$674,900
Price
6
Beds
4
Baths
2
1/2 Baths
3,304 Sq. Ft.
$204 / Sq. Ft.
3,304
Sq. Ft.
$204
per Sq. Ft.

Description

Perfect location and setting for these one building, side-by-side duplexes move-in ready for renting or owner occupy! Located in the liberty place condominiums that allows yearly rental and provides peace of mind. Corner gas fp, maple hardwoods, kitchen island, pantry, ss appliances, quality carpet and full basements. Low monthly condo dues ($175/monthly/unit). Seller contributes $5000 to reserve fund ($2500/unit).Perfect location and setting for these one building, side-by-side duplexes move-in ready for renting or owner occupy! Located in the liberty place condominiums that allows yearly rental and provides peace of mind. Corner gas fp, maple hardwoods, kitchen island, pantry, ss appliances, quality carpet and full basements. Low monthly condo dues ($175/monthly/unit). Seller contributes $5000 to reserve fund ($2500/unit).
  1. Listed by Jeff Schraml • Century 21 Affiliated

Property Details for 5131-5133 Merwood Lane

Subdivision
LIBERTY PLACE
Zoning
SR-V2
LISTING UPDATED: 12/09/2024 01:41 PM

Property Details for 5131-5133 Merwood Lane

StatusActive
MLS #1983026
Days on Market135
Taxes$7,284 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex-side by side
Year Built2011
Lot Size0.20 AC / 8,712 SF
CountyDane County

Building Information for 5131-5133 Merwood Lane

Stories-Residences2Year Built2011Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 5131-5133 Merwood Lane

Summary
Location and General Information
  • C/T/V: City
  • County: Dane
  • County Qtr Section: East Metro Madison
  • Directions: 5131 & 5133 MERWOOD LANE, LIBERTY PLACE CONDOMINIUMS
  • Location: MADISON - C E12
  • Mailing City: Madison
  • Municipality: Madison
  • State: WI
  • Zip: 53718
Parking
  • Park/Unit: 2 stall garage, Attached, 2 spaces, Outside, Opener inc
  • Parking Spaces Outside: 2
  • Parking Stalls Inside: 2
School Information
  • Elementary: Henderson
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison
Taxes and HOA Information
  • Net Taxes: $7,284.00
  • Parcel ID: 0710-341-0101-5
  • Tax Year: 2024
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 381000
  • Land Assess: $53,000.00
  • Legal Documents: Condition report on file, Restrictions/Covenants
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Total Assess: $434,000.00
  • Total Assess Year: 2024
  • Type: Duplex-side by side, 2 story, Townhouse style units
  • Year Built: 2011
Lot Information
  • Estimated Total Acres: 0.2
  • Source of Est. Acres: Other
  • Source of Year Built: Other
Utilities
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters
  • Water/Waste: Municipal water, Municipal sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl, Brick, Stone
Interior Features
  • Number of Dish Washers: 2
  • Number of Dryers: 2
  • Number of Furnaces: 2
  • Number of Stoves: 2
  • Number of Refrigerators: 2
  • Number of Washers: 2
  • Number of Water Heaters: 2
  • Number of Water Softeners: 2
  • Basement: Full, Poured concrete foundatn, Sump pump
  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Number of Efficiencies: 0
Room Information
Bedrooms
  • Number of 1 Bedrooms: 0
  • Number of 2 Bedrooms: 0
  • Number of 3+ Bedrooms: 2
Multi Family
Unit Information
  • Number of Units w/AC: 2
  • Number of Units: 2
Income & Expenses Information
  • Total Income: $66,000
Unit 1
  • U1 Landlord Pays Heat: No
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: No
  • Unit 1: Family/Rec rm,Eat-in kitchen,Balcony/patio,Air conditioning,Fireplace,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Individual heat control,Primary bedroom bath,In-unit laundry,Wood or sim. wood floor,Pantry,Private basement
  • U1 Parking: 2 Car Garage
  • U1 Number of Bedrooms: 3
  • U1 Full Baths: 2
  • U1 Half Baths: 1
  • U1 SqFt: 1652
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Primary BedRoom Level: U
  • Unit 1 Kitchen Dimensions: 26X17
  • Unit 1 Living/Great Room Dimensions: 28X10
  • Unit 1 Primary BedRoom Dimensions: 16X16
Unit 2
  • U2 Landlord Pays Heat: No
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: No
  • Unit 2: Family/Rec rm,Eat-in kitchen,Balcony/patio,Air conditioning,Fireplace,Range/oven,Refrigerator,Dishwasher,Washer/dryer,Wood or sim. wood floor,Individual heat control,Primary bedroom bath,In-unit laundry,Pantry,Private basement
  • U2 Parking: 2 Car Garage
  • U2 Number of Bedrooms: 3
  • U2 Full Baths: 2
  • U2 Half Baths: 1
  • U2 SqFt: 1652

Property History for 5131-5133 Merwood Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5131-5133 Merwood Lane

This home is within Madison Metropolitan School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Glendale Elementary School
PublicPK to 5

Sennett Middle School
Public6 to 8

Lafollette High School
Public9 to 12

Badger Rock Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5131-5133 Merwood Lane is a multi-family home for sale in Madison, WI 53718. This property was listed for sale on August 5, 2024 by Century 21 Affiliated, it's currently listed at $674,900. This listing's school district is Madison Metropolitan School District. Nearby schools include Glendale Elementary School, Sennett Middle School and Lafollette High School. 5131-5133 Merwood Lane is a 6-bed, 5-bath, 3,304 sqft multi-family home built in 2011.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Affiliated

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 12/09/2024 01:41 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved