NOT LISTED FOR SALE

1047 E Johnson St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $701,496

8 Beds
4 Baths
3,200 Sq Ft
$219/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2022

Last sale price $550,000 $172 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,838 / mo

16 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Heating System Uses Steam
  • Marquette Elementary Rated A-
  • Dining Room
  • Family Room

About This Home

As of June 2022

Stucco 4 unit on E. Johnson St. between N. Brearly and N. Ingersoll St., convenient location to bus, shopping, library, bike trail. All units are 2 bedrooms 1 bath. Off street parking and one storage locker included. Rents appear to be low with many longer term tenants. Units vary in condition and will need updating. Great value add opportunity for an investor or owner occupant.

Last Agent to Sell the Property

Andrew Stebnitz

Restaino & Associates License #56513-90 Listed on: 05/07/2022

Restaino & Associates

Last Buyer's Agent

Ruth Wangerin

EXP Realty, LLC License #57198-90

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,847

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Poured Concrete
  • Wood Siding
  • Stucco Exterior

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 4 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Schools

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

Utilities

  • Heating System Uses Steam
  • Separate Meters
  • Individual Controls for Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-131-1419-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,847

Year Built

Built in 1925

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Barrier Free: Level drive, Level lot
  • Items Included: 4 Refrigerators, 4 Range/Ovens
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood, Stucco

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec 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: 47220

Tax Info

  • Net Taxes: 9847
  • Tax Year: 2021
  • Assessor Parcel Number: 0709-131-1419-9

Multi Family

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

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
May 7, 2022
Closed on
Jun 15, 2022
Sold by
Sprague Mary A
Bought by
Seller's Agent
Andrew Stebnitz
Restaino & Associates
Buyer's Agent
Ruth Wangerin
EXP Realty, LLC
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$701,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,496
Avg. Annual Appreciation
5.88%
Original Mortgage
$412,500
Outstanding Balance
$386,207
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$315,289

Purchase Details

Closed on
May 10, 2019
Sold by
Sprague John L and Sprague Mary A
Bought by
Sprague Caryl A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Tenney-Lapham, WI

  • Jon Vanden Brook Real Estate Agent - First Weber Inc

    Jon Vanden Brook

    First Weber Inc

    (608) 292-3462

    57 Total Sales

    1 in Tenney-Lapham

    $445,000 Price

    Jon Vanden Brook
     Section Image
  • Josh Blasi Real Estate Agent - Restaino & Associates

    Josh Blasi

    Restaino & Associates

    (608) 292-3104

    197 Total Sales

    2 in Tenney-Lapham

    $425K - $665K Price Range

    Josh Blasi
     Section Image
  • Christina Weitzel Real Estate Agent - RE/MAX Preferred

    Christina Weitzel

    Responds Quickly

    RE/MAX Preferred

    (608) 407-7636

    316 Total Sales

    1 in Tenney-Lapham

    $617,500 Price

    Christina Weitzel
     Section Image
  • Jean Armendariz-Kerr Real Estate Agent - Mode Realty Network

    Jean Armendariz-Kerr

    Mode Realty Network

    (608) 292-5201

    105 Total Sales

    2 in Tenney-Lapham

    $525K - $560K Price Range

    Jean Armendariz-Kerr
     Section Image
  • Matt Deadman Real Estate Agent - Real Broker LLC

    Matt Deadman

    Real Broker LLC

    (608) 292-3702

    181 Total Sales

    1 in Tenney-Lapham

    $305,500 Price

    Matt Deadman
     Section Image
  • Erin Anderson Real Estate Agent - First Weber Inc

    Erin Anderson

    First Weber Inc

    (608) 292-2907

    106 Total Sales

    2 in Tenney-Lapham

    $575K - $595K Price Range

    Erin Anderson
     Section Image
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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
$550,000 Greller Jason
Sprague Caryl A -- None Available
Sprague Caryl A -- 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 $412,500
Previous Owner Sprague John L $169,300
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
06/16/2022 06/16/22 Sold $550,000 0.0% $172 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $550,000 -- $172 / 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 $11,379 $614,800 $95,000 $519,800
2024 $20,368 $580,000 $95,000 $485,000
2023 $10,910 $550,000 $86,000 $464,000
2022 $20,874 $531,000 $78,000 $453,000
2021 $10,213 $462,000 $71,000 $391,000
2020 $9,716 $419,200 $70,100 $349,100
2019 $9,313 $399,200 $70,100 $329,100
2018 $8,882 $380,200 $70,100 $310,100
2017 $9,199 $380,200 $70,100 $310,100
2016 $9,021 $362,200 $64,100 $298,100
2015 $8,280 $329,200 $64,100 $265,100
2014 $7,898 $329,200 $64,100 $265,100
2013 $7,277 $319,200 $64,100 $255,100
Source: Public Records

Agents Affiliated with this Home

  • AS

    Seller's Agent in 2022

    Andrew Stebnitz

    Restaino & Associates

    Section Image
  • Ruth Wangerin Real Estate Agent - EXP Realty, LLC

    Buyer's Agent in 2022

    Ruth Wangerin

    EXP Realty, LLC

    (608) 444-5360

    2 in this area

    57 Total Sales

    Ruth Wangerin
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1933914

South Central Wisconsin Multiple Listing Service

APN: 0709-131-1419-9

Wisconsin Dane County Madison 53703 Tenney-Lapham

1047 E Johnson 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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