NOT LISTED FOR SALE

1049 E Gorham St Unit 2 Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $662,563 - $789,000

4 Beds
2 Baths
2,600 Sq Ft
$277/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $365,000 $140 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,506/month

19 Days on Market

Highlights

  • Balcony
  • Dining Room
  • 4-minute walk to Giddings Park

About This Home

As of August 2016

Outstanding 2 unit in great neighborhood. Hardwood floors and lots of leaded glass. NOTE: Windows need to be glazed. Large rooms, front porch and deck. Make sure you look at the attic with 4 dormers, many windows and 2 staircases. Walk to Tenney Park. NOTE: Hot water boiler pipes are ASBESTOS wrapped. Electrical being upgraded to 2-100 amp services. Investment or owner occupied with rent to pay mortgage payments. Current and future leases in associated documents.

Last Agent to Sell the Property

Robert Coutre'

South Central Non-Member License #2045-90 Listed on: 07/13/2016

Last Buyer's Agent

Amber Huemmer

LPT Realty License #58597-90

LPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,234

Year Built

  • Built in 1902

Lot Details

  • 4,792

Interior Spaces

  • 2-Story Property
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Schools

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

Additional Features

  • Balcony
  • 4,792 Sq Ft Lot
  • Separate Meters

Community Details

  • 2 Units
  • Original Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0709-131-1318-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,234

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space
  • 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: 0.11
  • Zoning: TR-V1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6234
  • Tax Year: 2015
  • Assessor Parcel Number: 0709-131-1318-3

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
Eat-1609 Llc
Bought by
Swan Family Trust
Current Estimated Value
$720,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$373,828
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$346,313

Purchase Details

Listed on
Jul 13, 2016
Closed on
Aug 15, 2016
Sold by
Schmldlkofer Gerald W
Bought by
Eat 1609 Llc
Seller's Agent
Robert Coutre'
South Central Non-Member
Buyer's Agent
Amber Huemmer
LPT Realty
List Price
$347,900
Sold Price
$365,000
Premium/Discount to List
$17,100
4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
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
Swan Family Trust $550,000 Knight Barry Title
Eat 1609 Llc $365,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swan Family Trust $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $365,000 +4.9% $140 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $347,900 -- $134 / 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 $20,931 $595,900 $100,200 $495,700
2023 $10,091 $556,900 $100,200 $456,700
2021 $9,526 $447,100 $92,800 $354,300
2020 $9,223 $414,000 $86,700 $327,300
2019 $8,567 $383,300 $78,800 $304,500
2018 $8,142 $365,000 $75,800 $289,200
2017 $8,436 $365,000 $75,800 $289,200
2016 $6,544 $276,300 $70,200 $206,100
2015 $6,234 $260,700 $60,200 $200,500
2014 $6,238 $260,700 $60,200 $200,500
2013 $5,699 $250,700 $57,900 $192,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Coutre'

    South Central Non-Member

  • Amber Huemmer

    Buyer's Agent in 2016

    Amber Huemmer

    LPT Realty

    (608) 279-5424

    1 in this area

    527 Total Sales

    Amber Huemmer
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1782019

South Central Wisconsin Multiple Listing Service

APN: 0709-131-1318-3

Wisconsin Dane County Madison 53703 Tenney-Lapham

1049 E Gorham St Unit 2, Madison, WI

Not Listed for Sale

MultiFamily

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