Seller's Agent in 2025
Shelly Cronin
Century 21 Affiliated
(608) 449-3355
1 in this area
304 Total Sales
1042 E Gorham St Madison, WI 53703
Tenney-Lapham Neighborhood
5
Beds
2
Baths
2,538
Sq Ft
4,356
Sq Ft Lot
Highlights
- Wood Flooring
- Entrance Foyer
- Dining Room
- Balcony
- Forced Air Heating and Cooling System
- 3-minute walk to Giddings Park
About This Home
As of November 2022Inviting, spacious home in the heart of Madison’s sought after Tenney-Lapham neighborhood, close to Lapham Elementary, Breese Stevens Field, and downtown Madison. This home can be used as either a single family or multi-family home, with identical layouts on each level. Each unit features a fantastic open layout, providing a great flow for entertaining and socializing, a kitchen with a spacious pantry, a full bathroom, plus two bedrooms on the main level and 3 bedrooms on the upper level. You’ll love this home’s character, with beautiful original built-ins throughout. The finished attic is perfect for a studio, office, or additional living space. Unparalleled location and opportunity! Call (608) 620-4177 for showings. More photos & info at danchinhomes.com
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,251
Year Built
- Built in 1900
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- Entrance Foyer
- Family Room
- Dining Room
- Wood Flooring
- Oven or Range
Basement
- Basement Fills Entire Space Under The House
- Shared Basement
Parking
- 3 Open Parking Spaces
- Outside Parking
Schools
- Lapham/Marquette Elementary School
- Okeeffe Middle School
- East High School
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
- High Speed Internet
Additional Features
- Balcony
- 4,356 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 0709-132-0225-9
Community Details
Overview
- 2 Units
- Tenney Lapham Subdivision
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2022
Closed on
Nov 2, 2022
Sold by
Peterson Scott and Peterson Julie
Bought by
Sweger Brett M
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
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%
Original Mortgage
$375,000
Outstanding Balance
$364,378
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$322,774
Purchase Details
Closed on
Jul 28, 2016
Sold by
Davis Carlton
Bought by
Peterson Scott and Peterson Julie
Purchase Details
Closed on
Aug 2, 2007
Sold by
Chapman Mark A and Davis Carlton
Bought by
Chapman Mark A and Davis Carlton
Purchase Details
Closed on
May 30, 2007
Sold by
Foundry Apartments Llc
Bought by
Chapman Mark A and Davis Carlton
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
Lauer Elizabeth A
Bought by
Foundry Apartments Llc
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
Foundry Apartments Llc
Bought by
Lauer Elizabeth A
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | -- | |
| Quit Claim Deed | $75,700 | None Available | |
| Quit Claim Deed | $122,400 | None Available | |
| Warranty Deed | $295,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | New Conventional | |
| Previous Owner | $236,000 | New Conventional | |
| Previous Owner | $227,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | For Sale | $699,000 | +39.8% | $275 / Sq Ft |
| 11/28/2022 11/28/22 | Sold | $500,000 | 0.0% | $197 / Sq Ft |
| 09/09/2022 09/09/22 | For Sale | $500,000 | -- | $197 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $16,810 | $494,700 | $97,800 | $396,900 |
| 2023 | $8,678 | $485,000 | $97,800 | $387,200 |
| 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
-
Dan Chin Homes Team
D
Seller's Agent in 2022
Dan Chin Homes Team
Real Broker LLC
(608) 268-0831
3 in this area
1,201 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1943113
APN: 0709-132-0225-9
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.
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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