Lisa Avila
Home Pros
(608) 888-0247
58 Total Sales
5 in Westside
$152K - $700K Price Range
1018 Gammon Ln Madison, WI 53719
Westside NeighborhoodEstimated Value: $823,000 - $948,404
8
Beds
4
Baths
2,672
Sq Ft
$331/Sq Ft
Est. Value
About This Home
This profit-producing five-unit building is a great opportunity. Four of the units are 2 bedroom apartments and one unit is been used as commercial office space for lease. Located in the popular Southwest of Madison. Residential units offer two bedrooms, one bathroom, a balcony, a combined dining and living room plus plenty of parking. The lower level space hosts a long-term tenant. The property generates great income and is easy to rent. The financials spreadsheet is available upon request. Visit www.TheAlvaradoGroup.com for more info & to set up a private showing: Carlos 608.438.6757.
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Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2022
Closed on
Jan 10, 2023
Sold by
Brooklyn Properties Llc
Bought by
Seller's Agent
Carlos Alvarado
Compass Real Estate Wisconsin
Buyer's Agent
Cheng Real Estat Group
Real Broker LLC
List Price
$790,000
Sold Price
$755,000
Premium/Discount to List
-$35,000
-4.43%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,175
Avg. Annual Appreciation
4.45%
Original Mortgage
$600,000
Outstanding Balance
$575,129
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$310,573
Purchase Details
Closed on
Dec 20, 2018
Sold by
Gammon Five Llc
Bought by
Brooklyn Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
4.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 5, 2017
Sold by
1018Gammon Lane Llc
Bought by
Gammon Five Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 30, 2007
Sold by
Ellefson Thomas J
Bought by
1018 Gammon Lane Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Westside, WI
-
Lisa Avila
-
Keith McNeely
Keith McNeely
First Weber Inc
(608) 544-8509
98 Total Sales
3 in Westside
$173K - $725K Price Range
-
Josh Blasi
Josh Blasi
Restaino & Associates
(608) 292-3104
196 Total Sales
7 in Westside
$465K - $865K Price Range
-
Marissa Pruitt
Marissa Pruitt
First Weber Inc
(608) 292-3017
69 Total Sales
2 in Westside
$110K - $426K Price Range
-
Lena Oberwetter
Lena Oberwetter
Real Broker LLC
(608) 512-0674
36 Total Sales
2 in Westside
$185K - $315K Price Range
-
Andrew Crooks
Andrew Crooks
T R McKenzie Inc.
(608) 571-1301
18 Total Sales
1 in Westside
$114,100 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $755,000 | -- | ||
| Brooklyn Properties Llc | $535,000 | First American Title | |
| Gammon Five Llc | $495,000 | -- | |
| 1018 Gammon Lane Llc | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $600,000 | ||
| Previous Owner | Brooklyn Properties Llc | $428,000 | |
| Previous Owner | Gammon Five Llc | $396,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/10/2023 01/10/23 | Sold | $755,000 | -4.4% | $283 / Sq Ft | View Prior Sale |
| 10/21/2022 10/21/22 | For Sale | $790,000 | -- | $296 / Sq Ft |
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $14,501 | $800,300 | $120,000 | $680,300 |
| 2024 | $28,072 | $755,000 | $120,000 | $635,000 |
| 2023 | $13,361 | $755,000 | $109,000 | $646,000 |
| 2022 | $22,628 | $589,000 | $99,000 | $490,000 |
| 2021 | $10,622 | $535,000 | $90,000 | $445,000 |
| 2020 | $11,427 | $535,000 | $90,000 | $445,000 |
| 2019 | $11,424 | $535,000 | $90,000 | $445,000 |
| 2018 | $10,292 | $495,000 | $90,000 | $405,000 |
| 2017 | $7,949 | $366,000 | $93,900 | $272,100 |
| 2016 | $7,893 | $352,000 | $89,900 | $262,100 |
| 2015 | $8,268 | $352,000 | $89,900 | $262,100 |
| 2014 | $8,305 | $352,000 | $89,900 | $262,100 |
| 2013 | $8,622 | $342,000 | $89,900 | $252,100 |
Source: Public Records
Agents Affiliated with this Home
-
Carlos Alvarado
Seller's Agent in 2023
Carlos Alvarado
Compass Real Estate Wisconsin
(608) 438-6757
8 in this area
141 Total Sales
-
Cheng Real Estat Group
CG
Buyer's Agent in 2023
Cheng Real Estat Group
Real Broker LLC
(608) 957-2683
34 in this area
427 Total Sales
Map
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