NOT LISTED FOR SALE

1019 E Johnson St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $449,000 - $675,000

4 Beds
3 Baths
3,037 Sq Ft
$187/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $485,000 $160 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,603/month

76 Days on Market

Highlights

  • Vaulted Ceiling
  • Fenced Yard
  • Laundry Room
  • Wood Flooring
  • Balcony
  • 4-minute walk to Giddings Park

About This Home

As of February 2023

Must see income property opportunity in the heart of the Isthmus. Just blocks away from UW campus and Madison’s best dining, nightlife & shopping, this 3 story / 2 unit multi-family has broad appeal in the highly competitive downtown rental environment! Each unit features 2 bed/1 full bath, spacious living & kitchen/dining areas, & newly upgraded wood decks! The lower unit has an added living space & full bath in basement! The upper unit features a versatile, carpeted loft easily used as an artist den, yoga studio or band room! Enjoy fall evenings in the fenced-in backyard w/ firepit. Tenants have driveway parking access along building & shared basement coin-op laundry. Utilities are included in rent. Tenants responsible for cable/internet, lawn maintenance & snow removal.

Last Agent to Sell the Property

Daniel Tenney

MHB Real Estate License #55376-90 Listed on: 11/04/2022

Last Buyer's Agent

Barrett Karabis

Real Broker LLC License #58598-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,419

Year Built

  • Built in 1902

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced Yard

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Vaulted Ceiling
  • Family Room
  • Dining Room
  • Wood Flooring
  • Partially Finished Basement
  • Shared Basement
  • Oven or Range

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

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

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-131-1426-4

Community Details

Overview

  • 2 Units
  • Browns Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,419

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 3 story
  • Items Excluded: Sellers + tenants' personal property, dishwasher, microwave,
  • Items Included: 2 Refrigerator, 2 Range/Oven, Disposal, Washer/Dryer, All Window Coverings/Blinds, UHP Ultimate home warranty (https://uhpwarranty.com/compare-warranties/), lawn mower, snow blower
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Fenced yard
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially finished
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water
  • Park Unit: Outside

Fee Information

  • Total Expenses: 500

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: 0.12
  • Zoning: RES
  • Geo Subdivision: WI

Rental Info

  • Total Income: 32000

Tax Info

  • Land Assessment: 98400
  • Improvements: 336800
  • Total Assessment: 435200
  • Assessment year: 2022
  • Net Taxes: 8419
  • Tax Year: 2021
  • Assessor Parcel Number: 0709-131-1426-4

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Feb 9, 2023
Sold by
Dorje Yonden
Bought by
Thacher Badger Properties Llc
Seller's Agent
Daniel Tenney
MHB Real Estate
Buyer's Agent
Barrett Karabis
Real Broker LLC
List Price
$519,000
Sold Price
$485,000
Premium/Discount to List
-$34,000
-6.55%
Total Days on Market
76
Views
185
Current Estimated Value
$567,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,486
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Oct 18, 2017
Sold by
Lavoncher Jeffrey L and Lavoncher Jessica B
Bought by
Dorje Yonden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2011
Sold by
J & J Properties Madison Llc
Bought by
Lavoncher Jeffrey L and Lavoncher Jessica B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2006
Sold by
Lavoncher Jeffrey L and Lavoncher Jessica B
Bought by
J & J Properties Madison Llc
Source: Public Records

Range of Values:

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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
Thacher Badger Properties Llc $485,000 --
Dorje Yonden $323,000 --
Lavoncher Jeffrey L -- None Available
J & J Properties Madison Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dorje Yonden $242,250
Previous Owner Lavoncher Jeffrey L $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2023 02/09/23 Sold $485,000 -3.0% $160 / Sq Ft
01/16/2023 01/16/23 Price Changed $499,900 -3.7% $165 / Sq Ft
11/04/2022 11/04/22 For Sale $519,000 -- $171 / 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 $17,005 $485,000 $106,300 $378,700
2023 $8,503 $470,000 $106,300 $363,700
2021 $8,419 $395,600 $98,400 $297,200
2020 $9,260 $366,300 $92,000 $274,300
2019 $7,840 $339,200 $83,600 $255,600
2018 $7,362 $323,000 $80,400 $242,600
2017 $7,340 $315,200 $80,400 $234,800
2016 $7,226 $286,500 $74,400 $212,100
2015 $6,467 $270,300 $63,800 $206,500
2014 $6,471 $270,300 $63,800 $206,500
2013 $5,911 $259,900 $61,300 $198,600
Source: Public Records

Agents Affiliated with this Home

  • Daniel Tenney

    Seller's Agent in 2023

    Daniel Tenney

    MHB Real Estate

    (608) 333-5362

    6 in this area

    2,005 Total Sales

    Daniel Tenney
    Section Image
  • Barrett Karabis

    Buyer's Agent in 2023

    Barrett Karabis

    Real Broker LLC

    (608) 335-3500

    1 in this area

    37 Total Sales

    Barrett Karabis
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1946405

South Central Wisconsin Multiple Listing Service

APN: 0709-131-1426-4

Wisconsin Dane County Madison 53703 Tenney-Lapham

1019 E Johnson St, Madison, WI

This home is located at 1019 E Johnson St, Madison, WI 53703 since 04 November 2022 and is currently estimated at $567,486, approximately $186 per square foot. This property was built in 1902. 1019 E Johnson St 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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