NOT LISTED FOR SALE

1033 E Johnson St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $418,000 - $585,000

4 Beds
3 Baths
1,967 Sq Ft
$262/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $345,000 $175 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,885/month

8 Days on Market

Highlights

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

About This Home

As of February 2020

Brick 3 unit apartment located near the intersection of E. Johnson St. & N. Ingersoll St. Unit #1 has 1 bedroom, 1 bath and leased out at $795/month. Unit #2 has 2 bedrooms, 1 bath and leased out at $1,020/month. Unit #3 has 1 bedroom, 1 bath and leased out at $820/month. All tenants pay their own electric and gas heat.

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

Est. Annual Taxes

  • $7,741

Year Built

  • Built in 1948

Lot Details

  • 5,227

Parking

  • Outside Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

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

Utilities

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

Additional Features

  • 5,227 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 070913114222

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,741

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 1 story
  • Miscellaneous: Close to bus line
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

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: 0.12
  • Zoning: TR-v1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 31620

Tax Info

  • Net Taxes: 7741
  • Tax Year: 2019
  • Assessor Parcel Number: 070913114222

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Feb 7, 2020
Sold by
Orton Park Llc
Bought by
Roth Gregory
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Zach Palmer
EXP Realty, LLC
List Price
$343,200
Sold Price
$345,000
Premium/Discount to List
$1,800
0.52%
Current Estimated Value
$514,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,925
Avg. Annual Appreciation
7.02%
Original Mortgage
$276,000
Outstanding Balance
$244,379
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$270,546

Purchase Details

Closed on
Aug 20, 2012
Sold by
1033 East Johnson Street Llc
Bought by
Orton Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,545,384
Interest Rate
3.52%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Roth Gregory $345,000 None Available
Orton Park Llc $209,400 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Gregory $276,000
Previous Owner Orton Park Llc $1,545,384
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Sold $345,000 +0.5% $175 / Sq Ft
01/02/2020 01/02/20 For Sale $343,200 -- $174 / 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 $14,243 $407,000 $104,800 $302,200
2023 $6,865 $380,400 $104,800 $275,600
2021 $7,331 $345,000 $99,800 $245,200
2020 $7,677 $345,200 $93,300 $251,900
2019 $7,741 $328,800 $84,800 $244,000
2018 $7,388 $313,100 $81,500 $231,600
2017 $6,986 $284,600 $81,500 $203,100
2016 $6,852 $296,900 $75,500 $221,400
2015 $6,769 $269,300 $64,700 $204,600
2014 $6,447 $269,300 $64,700 $204,600
2013 $6,867 $261,500 $62,200 $199,300
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

    91 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

    66 Total Sales

    Tony Xiong
    Section Image
  • Zach Palmer

    Buyer's Agent in 2020

    Zach Palmer

    EXP Realty, LLC

    (608) 886-6492

    54 Total Sales

    Zach Palmer
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1874297

South Central Wisconsin Multiple Listing Service

APN: 0709-131-1422-2

Wisconsin Dane County Madison 53703 Tenney-Lapham

1033 E Johnson St, Madison, WI

Not Listed for Sale

MultiFamily

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