NOT LISTED FOR SALE

1019 E Gorham St Unit 1 Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $372,000 - $536,000

2 Beds
2 Baths
1,200 Sq Ft
$354/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $285,000 $238 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,332/month

23 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Balcony
  • Accessible Bedroom
  • 3-minute walk to Giddings Park

About This Home

As of May 2021

Two unit flat with basement and parking right off East Gorham Street.4Each unit is a one bedroom apartment with it's own kitchen and bathroom, gas stoves. Newly refinished Hardwoods throughout property, no carpet. Three porches on property, including enclosed full front porch. Two newer bathrooms, unit 1 is 3/4 bath, unit 2 is full bath. Boiler, water heater, roof all new within last 8-10years, all new vinyl windows. One unit leases through 8/2022, currently unit 1 is open, possible owner occupancy. Basement access through unit 1. House could be easily made back into a single family and two car garage added with city approval.

Last Agent to Sell the Property

Seth Pfaehler

The McGrady Group, LLC License #58575-90 Listed on: 03/17/2021

Co-Listed By

Matt McGrady

The McGrady Group, LLC License #53795-90

Last Buyer's Agent

Jo Ferraro

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,629

Year Built

  • Built in 1899

Lot Details

  • 4,356

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 2 Open Parking Spaces
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters
  • Water Softener Leased

Additional Features

  • Balcony
  • 4,356 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-131-1328-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,629

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Excluded: Tenant's Personal Items
  • Items Included: Refrigerators (2), Range/Oven (2)
  • Miscellaneous: Close to bus line, Water Softener Rented
  • Noi Year: 2020
  • Year Built: 1899
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside
  • Utilities: Separate elec meters

Schools

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

Lot Info

  • Estimated Aces: 0.1
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 26640

Tax Info

  • Land Assessment: 84700
  • Improvements: 140700
  • Total Assessment: 225400
  • Assessment year: 2020
  • Net Taxes: 4629
  • Tax Year: 2019
  • Assessor Parcel Number: 0709-131-1328-2

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 14, 2021
Sold by
Pennies For College Llc
Bought by
Morrison Stacey and Morrison James
Seller's Agent
Seth Pfaehler
The McGrady Group, LLC
Buyer's Agent
Jo Ferraro
EXP Realty, LLC
List Price
$319,000
Sold Price
$285,000
Premium/Discount to List
-$34,000
-10.66%
Total Days on Market
23
Current Estimated Value
$424,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,484
Avg. Annual Appreciation
10.26%
Original Mortgage
$213,750
Outstanding Balance
$196,163
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$228,321

Purchase Details

Listed on
Aug 15, 2013
Closed on
May 5, 2014
Sold by
Orton Park Llc
Bought by
Pennies For College Llc
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
James Stopple
Madison Property Management, Inc.
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$124,000
Interest Rate
4.33%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 18, 2012
Closed on
Mar 28, 2012
Sold by
Union Federal Savings & Loan Association
Bought by
Orton Park Llc
Seller's Agent
Brandon Grosse
Accord Realty
Buyer's Agent
James Stopple
Madison Property Management, Inc.
List Price
$129,900
Sold Price
$120,064
Premium/Discount to List
-$9,836
-7.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$108,000
Interest Rate
3.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 17, 2012
Sold by
1019 East Gorham Street Llc
Bought by
Union Federal Savings & Loan Association

Purchase Details

Closed on
Feb 22, 2006
Sold by
Mcconley Dion J
Bought by
Punzal Jason L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Morrison Stacey $285,000 Wisconsin Title & Escrow
Pennies For College Llc $155,000 First American Title
Orton Park Llc $120,100 Wisconsin Title & Escrow Llc
Union Federal Savings & Loan Association -- None Available
Punzal Jason L $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison James $213,750
Closed Morrison Stacey $213,750
Previous Owner Pennies For College Llc $124,000
Previous Owner Orton Park Llc $108,000
Previous Owner 1019 East Gorham Street Llc $143,000
Previous Owner 1019 East Gorham Street Llc $153,600
Previous Owner 1019 East Gorham Street Llc $2,000,000
Previous Owner Punzal Jason L $2,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $285,000 -4.7% $238 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/08/2021 04/08/21 Price Changed $299,000 -6.3% $249 / Sq Ft
03/17/2021 03/17/21 For Sale $319,000 +105.8% $266 / Sq Ft
05/05/2014 05/05/14 Sold $155,000 -3.1% $168 / Sq Ft
04/03/2014 04/03/14 Pending -- -- --
08/15/2013 08/15/13 For Sale $160,000 +33.3% $173 / Sq Ft
03/28/2012 03/28/12 Sold $120,064 -7.6% $99 / Sq Ft
03/18/2012 03/18/12 Pending -- -- --
03/18/2012 03/18/12 For Sale $129,900 -- $107 / 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 $11,492 $329,300 $97,800 $231,500
2023 $5,538 $307,800 $97,800 $210,000
2021 $5,147 $243,400 $90,600 $152,800
2020 $4,985 $225,400 $84,700 $140,700
2019 $4,629 $208,700 $77,000 $131,700
2018 $4,399 $198,800 $74,000 $124,800
2017 $4,137 $180,700 $74,000 $106,700
2016 $3,859 $164,300 $68,500 $95,800
2015 $3,675 $153,300 $58,700 $94,600
2014 $3,636 $153,300 $58,700 $94,600
2013 $3,779 $147,400 $56,400 $91,000
Source: Public Records

Agents Affiliated with this Home

  • Seth Pfaehler

    Seller's Agent in 2021

    Seth Pfaehler

    The McGrady Group, LLC

    (608) 338-4812

    10 in this area

    483 Total Sales

    Seth Pfaehler
    Section Image
  • Matt McGrady

    Seller Co-Listing Agent in 2021

    Matt McGrady

    The McGrady Group, LLC

    (608) 772-3640

    6 in this area

    380 Total Sales

    Matt McGrady
    Section Image
  • Jo Ferraro

    Buyer's Agent in 2021

    Jo Ferraro

    EXP Realty, LLC

    (608) 445-2287

    4 in this area

    1,082 Total Sales

    Jo Ferraro
    Section Image
  • James Stopple

    Seller's Agent in 2014

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    7 in this area

    89 Total Sales

    James Stopple
    Section Image
  • Brandon Grosse

    Seller's Agent in 2012

    Brandon Grosse

    Accord Realty

    (608) 577-9860

    1 in this area

    175 Total Sales

    Brandon Grosse
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1904285

South Central Wisconsin Multiple Listing Service

APN: 0709-131-1328-2

Wisconsin Dane County Madison 53703 Tenney-Lapham

1019 E Gorham St Unit 1, Madison, WI

This home is located at 1019 E Gorham St Unit 1, Madison, WI 53703 since 17 March 2021 and is currently estimated at $424,484, approximately $353 per square foot. This property was built in 1899. 1019 E Gorham St Unit 1 is a home located in Dane County with nearby schools including Lapham Elementary School, O'Keeffe Middle, and East High School.

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.

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