NOT LISTED FOR SALE

1039 E Gorham St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $683,000 - $740,000

8 Beds
4 Baths
3,570 Sq Ft
$201/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $617,500 $173 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,519/month

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 3-minute walk to Giddings Park
  • Level Lot

About This Home

As of July 2023

Entered as a sold comp

Last Agent to Sell the Property

Christina Weitzel

RE/MAX Preferred License #85554-94 Listed on: 04/19/2023

RE/MAX Preferred

Last Buyer's Agent

Christina Weitzel

RE/MAX Preferred License #85554-94 Listed on: 04/19/2023

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,227

Year Built

  • Built in 1912

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 6 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Separate Water Meter

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-131-1321-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,227

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 3 story, Townhouse style units
  • Barrier Free: Level drive, Level lot
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 4
  • Number Dryers: 1
  • Number Units W Ac: 4
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 6

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, 2 spaces, Outside
  • Utilities: Separate elec meters, Separate gas meters, Separate water meters

Schools

  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: Madison

Lot Info

  • Estimated Aces: 0.1
  • Zoning: Res

Rental Info

  • Total Income: 42840

Tax Info

  • Net Taxes: 9227
  • Tax Year: 2022
  • Assessor Parcel Number: 0709-131-1321-6

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 2
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jul 19, 2023
Sold by
1039 Llc
Bought by
Klass Jonathan
Seller's Agent
Christina Weitzel
RE/MAX Preferred
Buyer's Agent
Christina Weitzel
RE/MAX Preferred
List Price
$617,500
Sold Price
$617,500
Current Estimated Value
$717,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,500
Avg. Annual Appreciation
6.34%
Original Mortgage
$470,550
Outstanding Balance
$461,027
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$255,973

Purchase Details

Closed on
Aug 25, 2022
Sold by
Roessler Brian Paul and Roessler Melissa Sue
Bought by
1039 Llc

Purchase Details

Closed on
Feb 3, 2022
Sold by
Roessler Brian Paul and Minnig Melissa Sue
Bought by
Roessler Brian Paul and Minnig Melissa Sue

Purchase Details

Closed on
Aug 6, 2018
Sold by
Roessler Brian P
Bought by
Roessler Brain Paul and Minning Melissa Sue
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
Klass Jonathan $617,500 None Listed On Document
1039 Llc -- None Listed On Document
Roessler Brian Paul -- None Listed On Document
Roessler Brain Paul -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klass Jonathan $470,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $617,500 0.0% $173 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $617,500 -- $173 / 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 $21,141 $617,000 $88,000 $529,000
2023 $8,906 $510,000 $80,000 $430,000
2021 $8,662 $421,000 $66,000 $355,000
2020 $8,335 $383,100 $65,300 $317,800
2019 $7,938 $365,100 $65,300 $299,800
2018 $7,573 $348,100 $65,300 $282,800
2017 $7,904 $348,100 $65,300 $282,800
2016 $7,817 $331,100 $59,300 $271,800
2015 $7,425 $300,100 $59,300 $240,800
2014 $7,061 $300,100 $59,300 $240,800
2013 $6,666 $291,100 $59,300 $231,800
Source: Public Records

Agents Affiliated with this Home

  • Christina Weitzel

    Seller's Agent in 2023

    Christina Weitzel

    RE/MAX Preferred

    (608) 574-9145

    1 in this area

    311 Total Sales

    Christina Weitzel
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1967364

South Central Wisconsin Multiple Listing Service

APN: 0709-131-1321-6

Wisconsin Dane County Madison 53703 Tenney-Lapham

1039 E Gorham St, Madison, WI

Not Listed for Sale

MultiFamily

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