NOT LISTED FOR SALE

1014 E Gorham St Unit A Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $540,000 - $659,000

3 Beds
2 Baths
1,523 Sq Ft
$391/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $350,000 $230 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,594/month

115 Days on Market

Highlights

  • Fireplace
  • Accessible Bedroom
  • Property is near a bus stop
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • 2-minute walk to Giddings Park

About This Home

As of October 2017

Investors, excellent opportunity to own a turn-key low maintenance rental properties in heart of Madison. A well maintained home currently rented through Aug '18 for both units. Tenants pay all utilities, get 1 off-street parking stall, & responsible for snow removal. Washer/dryer hook-ups provided, tenants furnish their own units. Property has 3 car detached garage that could be rented for additional income. Water/sewer lines from street were replaced when street was improved. Buried electric, so no overhead lines. Also see MLS #1806709 & 1806713

Last Agent to Sell the Property

Jessica Hasselberger

H & H Realty License #56866-90 Listed on: 06/13/2017

Last Buyer's Agent

Julie Larson

First Weber Inc License #69054-94

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,858

Year Built

  • Built in 1901

Lot Details

  • 7,841

Home Design

  • Wood Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

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

Parking

  • 2 Open Parking Spaces
  • 3 Covered Spaces
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Fireplace
  • 7,841 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-132-0216-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,858

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Barrier Free: First floor bedroom, First floor full bath, Width of hallways 36"+, Door openings 29" or more, Low pile or no carpeting
  • Items Excluded: Sellers' personal items; Tenants' personal items.
  • Items Included: Each unit contains one range/oven and one refrigerator. Tenants provide their own washer/dryer if desired, hook-ups in basement.
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard
  • Number Units W Ac: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 3
  • Parking Stalls Outside: 2

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.18
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 2580

Tax Info

  • Net Taxes: 7858
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-132-0216-8

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Oct 13, 2017
Sold by
Giovannoni James E
Bought by
Schleicher Antonia and Schleicher Charles
Seller's Agent
Jessica Hasselberger
H & H Realty
Buyer's Agent
Julie Larson
First Weber Inc
List Price
$390,000
Sold Price
$350,000
Premium/Discount to List
-$40,000
-10.26%
Current Estimated Value
$595,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,024
Avg. Annual Appreciation
6.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schleicher Antonia $587,700 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2017 10/30/17 Sold $350,000 -6.7% $230 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
08/26/2017 08/26/17 Price Changed $375,000 -3.8% $246 / Sq Ft
06/13/2017 06/13/17 For Sale $390,000 -- $256 / 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 $17,727 $505,400 $126,400 $379,000
2023 $8,545 $472,300 $126,400 $345,900
2021 $9,131 $428,700 $117,000 $311,700
2020 $8,838 $396,900 $109,300 $287,600
2019 $8,211 $367,500 $99,400 $268,100
2018 $7,804 $350,000 $95,600 $254,400
2017 $8,049 $348,400 $95,600 $252,800
2016 $7,858 $316,700 $88,500 $228,200
2015 $7,157 $298,800 $75,800 $223,000
2014 $7,161 $298,800 $75,800 $223,000
2013 $6,804 $287,300 $72,900 $214,400
Source: Public Records

Agents Affiliated with this Home

  • Julie Larson

    Buyer's Agent in 2017

    Julie Larson

    First Weber Inc

    (608) 516-1716

    65 Total Sales

    Julie Larson
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1806710

South Central Wisconsin Multiple Listing Service

APN: 0709-132-0216-8

Wisconsin Dane County Madison 53703 Tenney-Lapham

1014 E Gorham St Unit A, Madison, WI

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes