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402 Rustic Drive, Madison, WI 53718
$1,600,000
402 Rustic Drive, Madison, WI 53718View this property at 402 Rustic Drive, Madison, WI 53718
402 Rustic DriveMadisonWI53718
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Property Description
Ten bedrooms and 9.5 baths. Currently used as a licensed adult family home. There are 5 studio suites with kitchenettes, full accessible private bathrooms, and minisplit (private HVAC). Private office, Open floor plan, large kitchen with walk-in pantry. 3 additional main floor bedrooms and 3 full baths. 2 rooms have a jack/jill bath to share, one is a full suite with full kitchen and stubbed for shower & toilet and his/hers walk in closets, 3 bedroom has a bath just next to it but not adjoining. Finished lower level with 1 bedroom, kitchen, living room 3 sided fireplace, separate entrance from garage. Two additional rooms with closets but not legal bedrooms. Screened porch, ADA ramps, basketball count in backyard. (AFH packet notes 8 beds, 2 extra for staff- 10 total)
Full Property Details
Full Property Details for 402 Rustic Dr
General
- Price: $1,600,000
- Taxes: $18,411 (2023)
- Status: Active
- Type: Commercial
- MLS ID: 1976800
- Updated: 5/14/2024
- Added to Site: 15 day(s) ago
Business
- Business For Sale: Yes
Additional Information
- Other Features: Living Space, Restroom(s), Private Restrooms, Residential Unit(s), Reception Area, Inside Storage, Offices, Recreational Facilities
Parking
- Parking Features: 6 to 10 Spaces, On-Site Parking, Paved Lot
Location
- Municipality: Madison
- County: Dane
- Driving Directions: Sprecher Rd. to W on Rustic Dr.
Heating & Cooling
- Heating Fuel: Natural Gas, Electric
- Heating/Cooling: Forced Air, Central Air Conditioning, Other, Zoned Heating
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: Freestanding
- Basement Desc.: Full, Poured Concrete
- Roof: Composition/Fiberglass
- Square Feet: 10,456
- Square Feet Range: 5001 or More
- Sq. Ft. Source: Owner
- Year Built: 2001
Unit Information
- Units in Building: 10
Lot Features
- Zoning: SR-C1
Financial Considerations
- Tax Amount: $18,411
- Tax Year: 2023
Disclosures and Reports
- Exclusions: residents' personal items.
- Inclusions: See offering memorandum.
Listed by Sprinkman Real Estate
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Schools
Schools serving 402 Rustic Dr
School District:Madison Metropolitan School District
Rating | Name | Grades | Distance |
---|---|---|---|
221 Meadowlark Dr, Madison, WI 53714 | PK-5 | 1.3 mi | |
218 Schenk St, Madison, WI 53714 | 6-8 | 2.6 mi | |
702 Pflaum Rd, Madison, WI 53716 | 9-12 | 3.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 402 Rustic Dr
Date
Details
Price
Change
Source
5/13/2024
Listed
$1,600,000
55.34%
MLS
7/13/2022
Sold
$1,030,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 402 Rustic Dr
Year
Property Taxes
Change
Tax Assessment
Change
2022
$17,530
-8%
$1,030,000
14%
2021
$19,024
-5%
$903,000
—
2021
$20,015
—
$903,000
—
2020
$20,015
5%
$903,000
5%
2019
$19,101
5%
$860,000
5%
2018
$18,110
6%
$816,000
10%
2017
$17,093
-3%
$742,000
—
2016
$17,557
-1%
$742,000
—
2015
$17,762
7%
$742,000
8%
2014
$16,610
48%
$685,600
49%
2013
$11,238
—
$460,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 402 Rustic Dr
402 Rustic Drive, Madison, WI 53718 (MLS# 1976800) is a Commercial property. 402 Rustic Drive is currently listed for $1,600,000 and was received on May 13, 2024. Want to learn more about 402 Rustic Drive? Do you have questions about finding other Commercial real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.