NOT LISTED FOR SALE

1007 E Johnson St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $650,000 - $787,000

10 Beds
4 Baths
800 Sq Ft
$915/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $450,000 $562 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,609/month

17 Days on Market

Highlights

  • Outdoor Storage
  • Laundry Facilities
  • 3-minute walk to Giddings Park
  • Forced Air Heating System

About This Home

As of March 2019

Well maintained, solid 4 unit with 10 BR(2BR/2BR/4BR/2BR) in great location.Many recent updates including: roof/2013; siding/2016; windows/2012; furnace 2013, upgraded electrical. Fully leased with some long term tenants. Financials available by request. Please verify room dimensions if important.

Last Agent to Sell the Property

James Bisbee

Slinde Realty Company License #62592-94 Listed on: 02/16/2019

Last Buyer's Agent

Joyce Felicijan

RE/MAX Preferred License #76101-94

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,735

Year Built

  • Built in 1890

Lot Details

  • 5,227

Home Design

  • Block Foundation
  • Poured Concrete
  • Vinyl Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Open Parking Space
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Oven or Range
  • Outdoor Storage
  • 5,227 Sq Ft Lot

Community Details

  • 4 Units
  • Laundry Facilities
  • Net Operating Income $34,795

Listing and Financial Details

  • Assessor Parcel Number 0709-131-1429-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,735

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Tenants personal property
  • Items Included: 4 refrigerators, 4 range/ovens, washer/dryer
  • Miscellaneous: Shared laundry
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard, Poured concrete foundatn, Block foundation
  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 1

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, Outside
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 13805

Schools

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

Lot Info

  • Estimated Aces: 0.12
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 48600

Tax Info

  • Net Taxes: 8735
  • Tax Year: 2017
  • Assessor Parcel Number: 0709-131-1429-8

Multi Family

  • Number Of2 Bedrooms: 3
  • Number Of3 Bedrooms: 1
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2019
Closed on
Mar 29, 2019
Sold by
Krause Donald D
Bought by
Schroeder Daniel L
Seller's Agent
James Bisbee
Slinde Realty Company
Buyer's Agent
Joyce Felicijan
RE/MAX Preferred
List Price
$480,000
Sold Price
$450,000
Premium/Discount to List
-$30,000
-6.25%
Current Estimated Value
$731,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,863
Avg. Annual Appreciation
7.44%
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
Schroeder Daniel L $450,000 Knight Barry Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $450,000 -6.3% $563 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/16/2019 02/16/19 For Sale $480,000 -- $600 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

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 $21,431 $610,000 $95,000 $515,000
2023 $9,874 $545,000 $86,000 $459,000
2021 $9,589 $450,000 $71,000 $379,000
2020 $10,031 $450,000 $70,100 $379,900
2019 $8,447 $378,000 $70,100 $307,900
2018 $8,434 $360,000 $70,100 $289,900
2017 $8,735 $360,000 $70,100 $289,900
2016 $8,568 $343,000 $64,100 $278,900
2015 $7,840 $311,000 $64,100 $246,900
2014 $7,457 $311,000 $64,100 $246,900
2013 $6,881 $302,000 $64,100 $237,900
Source: Public Records

Agents Affiliated with this Home

  • James Bisbee

    Seller's Agent in 2019

    James Bisbee

    Slinde Realty Company

    (608) 219-4819

    10 Total Sales

    James Bisbee
    Section Image
  • Joyce Felicijan

    Buyer's Agent in 2019

    Joyce Felicijan

    RE/MAX

    (608) 635-5209

    87 Total Sales

    Joyce Felicijan
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1850073

South Central Wisconsin Multiple Listing Service

APN: 0709-131-1429-8

Wisconsin Dane County Madison 53703 Tenney-Lapham

1007 E Johnson St, Madison, WI

Not Listed for Sale

MultiFamily

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