NOT LISTED FOR SALE

1020 E Johnson St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $574,000 - $753,000

10 Beds
4 Baths
3,653 Sq Ft
$192/Sq Ft Est. Value

Sale Details

Date Sold: February 7, 2020

Last sale price $467,500 $128 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,034 / mo

14 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • Laundry Facilities
  • Property is near bus stop
  • Family Room
  • 4-minute walk to Giddings Park

About This Home

As of February 2020

2 flat rental property located between downtown and Tenney Park. Unit #1 has 5 bedrooms and 2 full baths but rented out by the room at $495/month for each room. Unit #2 has 5 bedrooms with 2 full baths and fully leased under one lease at 1,795/month. Parking onsite with a nice large driveway. There is an easement for a shared driveway. Priced $61,400 below assessed value! See Rent Roll attached for rates on any new leases and/or renewals. Landlord pays for utilities through 8/14/20. Starting 8/16/20 tenant will pay for their own electric, gas and hot water.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 01/02/2020

Co-Listed By

Tony Xiong

Madison Property Management, Inc. License #69875-94

Last Buyer's Agent

Zach Palmer

EXP Realty, LLC License #77366-94

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 6,970

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Family Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

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

Additional Features

  • 6,970 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 070913113050

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 3 story, 2 flat-up and down
  • Miscellaneous: Shared laundry, Close to bus line
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

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

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: 0.16
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 45300

Tax Info

  • Net Taxes: 12563
  • Tax Year: 2019
  • Assessor Parcel Number: 070913113050

Multi Family

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

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
Jan 2, 2020
Closed on
Feb 7, 2020
Sold by
Bought by
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Zach Palmer
EXP Realty, LLC
List Price
$474,900
Sold Price
$467,500
Premium/Discount to List
-$7,400
-1.56%
Current Estimated Value
$760,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,770
Avg. Annual Appreciation
6.48%
Original Mortgage
$374,000
Interest Rate
0.0372%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,900
Interest Rate
0.039%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 16, 2012
Sold by
Bought by
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

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
$467,500 None Available
$330,000 Wisconsin Title & Escrow 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
Closed $354,750
Closed $374,000
Closed $250,000
Closed $296,900
Closed $360,000
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
02/07/2020 02/07/20 Sold $467,500 -1.6% $128 / Sq Ft
01/02/2020 01/02/20 For Sale $474,900 -- $130 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $11,138 $601,900 $153,900 $448,000
2024 $19,384 $552,200 $153,900 $398,300
2023 $9,345 $516,100 $153,900 $362,200
2022 $19,285 $490,900 $146,600 $344,300
2021 $9,965 $467,500 $146,600 $320,900
2020 $10,425 $467,500 $137,000 $330,500
2019 $12,563 $536,300 $124,500 $411,800
2018 $11,985 $510,800 $119,700 $391,100
2017 $11,329 $464,400 $119,700 $344,700
2016 $10,445 $414,500 $110,800 $303,700
2015 $9,481 $376,000 $95,000 $281,000
2014 $9,031 $376,000 $95,000 $281,000
2013 $8,970 $365,000 $91,300 $273,700
Source: Public Records

Agents Affiliated with this Home

  • James Stopple

    Seller's Agent in 2020

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    5 in this area

    81 Total Sales

    James Stopple
    Section Image
  • Tony Xiong

    Seller Co-Listing Agent in 2020

    Tony Xiong

    Madison Property Management, Inc.

    (608) 347-7842

    4 in this area

    67 Total Sales

    Tony Xiong
    Section Image
  • Zach Palmer

    Buyer's Agent in 2020

    Zach Palmer

    EXP Realty, LLC

    (608) 886-6492

    43 Total Sales

    Zach Palmer
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1874290

South Central Wisconsin Multiple Listing Service

APN: 0709-131-1305-0

Wisconsin Dane County Madison 53703 Tenney-Lapham

1020 E Johnson St, Madison, WI

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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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