NOT LISTED FOR SALE

1042 E Gorham St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $536,000 - $588,000

4 Beds
2 Baths
2,538 Sq Ft
$217/Sq Ft Est. Value

Sale Details

Date Sold: December 19, 2025

Last sale price $539,900 $213 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,853 / mo

20 Days on Market

Highlights

  • Open Floorplan
  • Water Softener is Owned
  • Laundry Facilities
  • Property is near bus stop
  • Forced Air Heating System
  • 3-minute walk to Giddings Park

About This Home

As of December 2025

Welcome home to this beautiful duplex in the heart of Madison's sought after Tenney-Lapham neighborhood. Each unit has gorgeous original woodwork, tall ceilings, and a great open concept layout, ideal for entertaining family and friends. there is plenty of off-street parking, which is a huge plus in this neighborhood. There is also a third floor finished attic that would make a great office, studio, or additional living space. And best of all, you are a two minute walk to the lake!!!

Last Agent to Sell the Property

Shelly Cronin

Century 21 Affiliated Brokerage Phone: 608-449-3355 License #66714-94 Listed on: 10/22/2025

Century 21 Affiliated

Last Buyer's Agent

Matt Kornstedt

Stark Company, REALTORS

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,405

Year Built

  • Built in 1900

Lot Details

  • 4,356

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Basement Fills Entire Space Under The House
  • Oven or Range

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
  • Water Softener is Owned

Additional Features

  • 4,356 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-132-0225-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,405

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Included: 2 ranges, 2 refrigerators, 1 washer, 1 dryer, 1 water softener
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1900
  • Reso Accessibility Features: Open floor plan
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Units W Ac: 2
  • Number Washers: 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, 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: 0.1
  • Zoning: TR-C4

Tax Info

  • Net Taxes: 8405
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-132-0225-9

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • 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
Oct 22, 2025
Closed on
Dec 19, 2025
Sold by
Bought by
Seller's Agent
Shelly Cronin
Century 21 Affiliated
Buyer's Agent
Matt Kornstedt
Stark Company, REALTORS
List Price
$674,900
Sold Price
$539,900
Premium/Discount to List
-$135,000
-20%
Views
69
Current Estimated Value
$550,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,820
Avg. Annual Appreciation
4.51%
Original Mortgage
$404,900
Outstanding Balance
$404,900
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$145,820

Purchase Details

Listed on
Apr 28, 2022
Closed on
Nov 2, 2022
Sold by
Bought by
Seller's Agent
Dan Chin Homes Team
Real Broker LLC
Buyer's Agent
Shelly Cronin
Century 21 Affiliated
List Price
$500,000
Sold Price
$500,000
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%
Original Mortgage
$375,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2016
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 2007
Sold by
Bought by

Purchase Details

Closed on
May 30, 2007
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
$236,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
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
$227,500
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2005
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
$227,500
Interest Rate
6.04%
Mortgage Type
New Conventional
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
$539,900 Knight Barry Title
$500,000 --
$75,700 None Available
$122,400 None Available
$295,000 None Available
-- None Available
-- 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
Open $404,900
Previous Owner $375,000
Previous Owner $236,000
Previous Owner $227,500
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 Prior Sale
12/19/2025 12/19/25 Sold $539,900 0.0% $213 / Sq Ft
10/30/2025 10/30/25 Price Changed $539,900 -20.0% $213 / Sq Ft
10/22/2025 10/22/25 For Sale $674,900 +35.0% $266 / Sq Ft
11/28/2022 11/28/22 Sold $500,000 0.0% $197 / Sq Ft View Prior Sale
09/09/2022 09/09/22 For Sale $500,000 -- $197 / 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 $10,607 $539,200 $97,800 $441,400
2024 $16,810 $494,700 $97,800 $396,900
2023 $8,678 $485,000 $97,800 $387,200
2022 $17,401 $457,400 $90,600 $366,800
2021 $9,251 $448,400 $90,600 $357,800
2020 $9,695 $415,200 $84,700 $330,500
2019 $8,373 $384,400 $77,000 $307,400
2018 $7,979 $366,100 $74,000 $292,100
2017 $7,547 $332,800 $74,000 $258,800
2016 $7,021 $302,500 $68,500 $234,000
2015 $6,705 $285,400 $58,700 $226,700
2014 $6,705 $285,400 $58,700 $226,700
2013 $6,087 $274,400 $56,400 $218,000
Source: Public Records

Agents Affiliated with this Home

  • Shelly Cronin

    Seller's Agent in 2025

    Shelly Cronin

    Century 21 Affiliated

    (608) 449-3355

    2 in this area

    316 Total Sales

    Shelly Cronin
    Section Image
  • Matt Kornstedt

    Buyer's Agent in 2025

    Matt Kornstedt

    Stark Company, REALTORS

    (608) 345-7943

    9 in this area

    1,935 Total Sales

    Matt Kornstedt
    Section Image

  • D

    Seller's Agent in 2022

    Dan Chin Homes Team

    Real Broker LLC

    (608) 268-0831

    3 in this area

    1,248 Total Sales

    Dan Chin Homes Team
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2011136

South Central Wisconsin Multiple Listing Service

APN: 0709-132-0225-9

Wisconsin Dane County Madison 53703 Tenney-Lapham

1042 E Gorham St, Madison, WI

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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