NOT LISTED FOR SALE

1014 E Johnson St Unit 1 Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $617,000 - $686,000

6 Beds
4 Baths
2,710 Sq Ft
$237/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $322,500 $119 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,894/month

6 Days on Market

Highlights

  • Eat-In Kitchen
  • Family Room
  • 3-minute walk to Giddings Park
  • Forced Air Heating and Cooling System
  • Washer and Dryer

About This Home

As of September 2016

Great 2 flat located close to downtown Madison and Tenney Park. Unit #1 is 1,366 sq.ft.,3 bedrooms, 2 full bathrooms, laundry onsite, dishwasher, hardwood floors and leased out at $1,325/month. Unit #2 is 1,344 sq.ft.,3 bedrooms, 2 full bathrooms, laundry onsite, dishwasher, hardwood floors and leased out at $1,295/month. These are fairly large and spacious units with onsite parking available to the tenants.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 08/17/2016

Last Buyer's Agent

Andrea Bolan

Relish Realty License #58590-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,206

Year Built

  • Built in 1906

Lot Details

  • 6,098

Parking

  • Outside Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-131-1304-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,206

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story, 2 flat-up and down
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

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

Schools

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

Lot Info

  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 31440

Tax Info

  • Net Taxes: 6206
  • Tax Year: 2015
  • Assessor Parcel Number: 0709-131-1304-2

Multi Family

  • Number Of3 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2019
Sold by
Lloyd James Donald
Bought by
Bennett Lisa G
Current Estimated Value
$641,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Outstanding Balance
$252,401
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$388,648

Purchase Details

Listed on
Aug 17, 2016
Closed on
Sep 23, 2016
Sold by
Orton Park Llc
Bought by
Lloyd James Donald
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Andrea Bolan
Relish Realty
List Price
$329,000
Sold Price
$322,500
Premium/Discount to List
-$6,500
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$241,875
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2012
Sold by
1014 East Johnson Street Llc
Bought by
Orton Park Llc
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
Bennett Lisa G $385,000 None Available
Lloyd James Donald $322,500 First American Title
Orton Park Llc $199,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Lisa G $288,750
Previous Owner Lloyd James Donald $241,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $322,500 -2.0% $119 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $329,000 -- $121 / 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 $18,549 $528,600 $133,700 $394,900
2023 $8,941 $494,000 $133,700 $360,300
2021 $8,853 $415,800 $123,800 $292,000
2020 $8,571 $385,000 $115,700 $269,300
2019 $8,323 $372,500 $105,200 $267,300
2018 $7,913 $354,800 $101,200 $253,600
2017 $7,581 $322,500 $101,200 $221,300
2016 $6,023 $254,600 $93,700 $160,900
2015 $5,738 $240,200 $80,400 $159,800
2014 $5,742 $240,200 $80,400 $159,800
2013 $5,737 $231,000 $77,300 $153,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1784353

South Central Wisconsin Multiple Listing Service

APN: 0709-131-1304-2