NOT LISTED FOR SALE

1014 E Johnson St 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 30, 2019

Last sale price $385,000 $142 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,904/month

42 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Family Room
  • Balcony
  • Forced Air Heating and Cooling System
  • 3-minute walk to Giddings Park

About This Home

As of September 2019

Awesome 2-flat in the perfect spot - walk to Festival Foods, local restaurants, bars & shops. Six off-street parking spots. Long-term tenants! Newer windows, vinyl & alum siding, new water heater, new washer/dryer in lower unit. Terrific layout. Units have features renters love - 2 full baths, in-unit laundry, roomy kitchens, wood floors & natural light. Add these large, spacious, in-demand units to your portfolio!

Last Agent to Sell the Property

Andrea Bolan

Relish Realty License #58590-90 Listed on: 06/10/2019

Last Buyer's Agent

Liz Lauer

Lauer Realty Group, Inc. License #56139-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,912

Year Built

  • Built in 1906

Lot Details

  • 6,098

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 6 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating

Additional Features

  • Balcony
  • 6,098 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-131-1304-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,912

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

  • Basement: Partial, Crawl space
  • 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
  • Parking Stalls Outside: 6

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

  • Estimated Aces: 0.14
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 39000

Tax Info

  • Net Taxes: 7912
  • Tax Year: 2018
  • 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

Listed on
Jun 10, 2019
Closed on
Sep 23, 2019
Sold by
Lloyd James Donald
Bought by
Bennett Lisa G
Seller's Agent
Andrea Bolan
Relish Realty
Buyer's Agent
Liz Lauer
Lauer Realty Group, Inc.
List Price
$410,000
Sold Price
$385,000
Premium/Discount to List
-$25,000
-6.1%
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.
Estimated Appreciation
$256,049
Avg. Annual Appreciation
8.50%
Original Mortgage
$288,750
Outstanding Balance
$252,401
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$388,648

Purchase Details

Closed on
Sep 23, 2016
Sold by
Orton Park Llc
Bought by
Lloyd James Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
09/30/2019 09/30/19 Sold $385,000 -3.8% $142 / Sq Ft
07/03/2019 07/03/19 Price Changed $400,000 -2.4% $148 / Sq Ft
06/10/2019 06/10/19 For Sale $410,000 -- $151 / 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

  • Andrea Bolan

    Seller's Agent in 2019

    Andrea Bolan

    Relish Realty

    (608) 215-0420

    6 in this area

    167 Total Sales

    Andrea Bolan
    Section Image
  • Liz Lauer

    Buyer's Agent in 2019

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    18 in this area

    452 Total Sales

    Liz Lauer
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1860040

South Central Wisconsin Multiple Listing Service

APN: 0709-131-1304-2

Wisconsin Dane County Madison 53703 Tenney-Lapham

1014 E Johnson St, Madison, WI

Not Listed for Sale

MultiFamily

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