NOT LISTED FOR SALE

1029 1/2 E Gorham St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $458,000 - $693,772

4 Beds
2 Baths
2,623 Sq Ft
$204/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $425,000 $162 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,694/month

2 Days on Market

About This Home

As of June 2022

1 Party Listing SOLD COMP

Last Agent to Sell the Property

Abe Yanko

First Weber Inc License #78990-94 Listed on: 04/26/2022

First Weber Inc

Last Buyer's Agent

Abe Yanko

First Weber Inc License #78990-94 Listed on: 04/26/2022

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,576

Year Built

  • Built in 1904

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Separate Meters
  • Separate Water Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 070913129015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,576

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Items Excluded: Seller's and Tenant's personal property.
  • Items Included: 2 Refrigerators, 2 Oven/Ranges
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Dryers: 2
  • Number Washers: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Parking Stalls Outside: 4

Utilities

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

Schools

  • 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: 43800

Tax Info

  • Net Taxes: 9576
  • Tax Year: 2021
  • Assessor Parcel Number: 070913129015

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Grochowski Hannah and Rebollar Jose
Bought by
Chancellor John
Current Estimated Value
$535,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,515,410
Outstanding Balance
$1,489,275
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
-$953,582

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 10, 2022
Sold by
Schopen Llc
Bought by
Grochowski Hannah and Rebollar Jose
Seller's Agent
Abe Yanko
First Weber Inc
Buyer's Agent
Abe Yanko
First Weber Inc
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$340,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2014
Sold by
Schopen Robert F and Schopen Barbara A
Bought by
Schopen Llc

Purchase Details

Closed on
Aug 14, 2014
Sold by
Schopen Llc
Bought by
Schopen Robert F and Schopen Barbara A
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
Chancellor John $550,000 None Listed On Document
Grochowski Hannah $425,000 --
Schopen Llc -- None Available
Schopen Robert F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chancellor John $1,515,410
Previous Owner Grochowski Hannah $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $425,000 -2.3% $162 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $435,000 -- $166 / 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 $10,660 $305,800 $43,800 $262,000
2023 $4,569 $254,800 $43,800 $211,000
2021 $5,204 $231,600 $43,800 $187,800
2020 $5,425 $231,600 $26,700 $204,900
2019 $5,145 $231,600 $26,700 $204,900
2018 $5,109 $222,700 $26,700 $196,000
2017 $4,400 $192,000 $26,700 $165,300
2016 $4,630 $192,000 $26,700 $165,300
2015 $4,571 $192,000 $26,700 $165,300
2014 $4,574 $192,000 $26,700 $165,300
2013 $4,480 $192,000 $26,700 $165,300
Source: Public Records

Agents Affiliated with this Home

  • Abe Yanko

    Seller's Agent in 2022

    Abe Yanko

    First Weber Inc

    (920) 650-6080

    1 in this area

    146 Total Sales

    Abe Yanko
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1936697

South Central Wisconsin Multiple Listing Service

APN: 0709-131-2901-5

Wisconsin Dane County Madison 53703 Tenney-Lapham

1029 1/2 E Gorham St, Madison, WI

Not Listed for Sale

MultiFamily

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