NOT LISTED FOR SALE

1049 E Gorham St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $702,000 - $795,000

5 Beds
2 Baths
2,600 Sq Ft
$289/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2021

Last sale price $550,000 $212 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,134 / mo

5 Days on Market

Highlights

  • Balcony
  • Dining Room
  • 4-minute walk to Giddings Park
  • Marquette Elementary Rated A-

About This Home

As of May 2021

no show til Friday 3/19. On the Isthmus nestled between lakes Monona and Mendota you will find this well maintained 2 unit (1 up, 1 down) home. This is a great opportunity to add to your investment portfolio or owner occupy and collect rent from the other flat. The location is walking distance to Tenny Park, Olbrich Botanical Gardens and Park, James Madison Park, Downtown amenities and Campus. This property comes with two off-street parking stalls (tandem style). Spacious attic for potential expansion. Come view this beautiful property before it's too late! www.MadisonAreaHomesForSale.com

Last Agent to Sell the Property

Amber Huemmer

Capital Edge Realty License #58597-90 Listed on: 03/12/2021

Capital Edge Realty

Last Buyer's Agent

Justin May

Realty Executives Cooper Spransy License #90597-94

Realty Executives Cooper Spransy

Range of Values:

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Value Increase
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Percent Increase
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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

  • $8,567

Year Built

  • Built in 1902

Lot Details

  • 4,792

Home Design

  • Duplex

Interior Spaces

  • Dining Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters

Additional Features

  • Balcony
  • 4,792 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-131-1318-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,567

Year Built

Built in 1902

Lot Details

4,792 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 Excluded: All window air conditioners. all seller's and tenants personal property
  • Items Included: 2 refrigerators, 2 dishwashers, 2 microwaves, 2 water heaters, 2 boilers, 1 clothes washer (basement), 1 clothes dryer (basement), 1 water softener , 2 stoves.
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces
  • 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

Rental Info

  • Total Income: 38700

Tax Info

  • Net Taxes: 8567
  • Tax Year: 2019
  • Assessor Parcel Number: 0709-131-1318-3

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
Mar 12, 2021
Closed on
Apr 30, 2021
Sold by
Eat-1609 Llc
Bought by
Seller's Agent
Amber Huemmer
Capital Edge Realty
Buyer's Agent
Justin May
Realty Executives Cooper Spransy
List Price
$539,000
Sold Price
$550,000
Premium/Discount to List
$11,000
2.04%
Current Estimated Value
$752,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,603
Avg. Annual Appreciation
6.05%
Original Mortgage
$412,500
Outstanding Balance
$365,778
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$385,854

Purchase Details

Closed on
Aug 15, 2016
Sold by
Schmldlkofer Gerald W
Bought by
Eat 1609 Llc
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

  • Julie McKy Real Estate Agent - Stark Company, REALTORS

    Julie McKy

    Stark Company, REALTORS

    (608) 292-3604

    26 Total Sales

    1 in Tenney-Lapham

    $357,500 Price

    Julie McKy
     Section Image
  • Jennifer Geils Real Estate Agent - Stark Company, REALTORS

    Jennifer Geils

    Stark Company, REALTORS

    (845) 643-1031

    48 Total Sales

    2 in Tenney-Lapham

    $350K - $420K Price Range

    Jennifer Geils
     Section Image
  • Paula Dollard Real Estate Agent - Bunbury & Assoc, REALTORS

    Paula Dollard

    Bunbury & Assoc, REALTORS

    (608) 292-6255

    60 Total Sales

    1 in Tenney-Lapham

    $445,000 Price

    Paula Dollard
     Section Image
  • Kelly Bennett Real Estate Agent - First Weber Inc

    Kelly Bennett

    First Weber Inc

    (608) 292-2685

    298 Total Sales

    1 in Tenney-Lapham

    $134,900 Price

    Kelly Bennett
     Section Image
  • Anne Baranski Real Estate Agent - Y Realty

    Anne Baranski

    Y Realty

    (608) 292-5272

    95 Total Sales

    1 in Tenney-Lapham

    $280,000 Price

    Anne Baranski
     Section Image
  • Tami McFarlane Real Estate Agent - Restaino & Associates

    Tami McFarlane

    Restaino & Associates

    (608) 292-2349

    77 Total Sales

    1 in Tenney-Lapham

    $190,000 Price

    Tami McFarlane
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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 Knight Barry Title
Eat 1609 Llc $365,000 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 Schmidlkofer Gerald W $175,000
Previous Owner Schmidlkofer Gerald W $193,000
Previous Owner Schmidlkofer Gerald W $41,000
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
05/03/2021 05/03/21 Sold $550,000 +2.0% $212 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $539,000 -2.0% $207 / Sq Ft
03/12/2021 03/12/21 Off Market $550,000 -- --
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 $12,026 $649,500 $100,200 $549,300
2024 $20,931 $595,900 $100,200 $495,700
2023 $10,091 $556,900 $100,200 $456,700
2022 $21,469 $546,000 $92,800 $453,200
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

  • Amber Huemmer Real Estate Agent - Capital Edge Realty

    Seller's Agent in 2021

    Amber Huemmer

    Capital Edge Realty

    (608) 279-5424

    438 Total Sales

    Amber Huemmer
    Section Image
  • Justin May Real Estate Agent - Realty Executives

    Buyer's Agent in 2021

    Justin May

    Realty Executives

    (608) 215-9195

    1 in this area

    48 Total Sales

    Justin May
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1903911

South Central Wisconsin Multiple Listing Service

APN: 0709-131-1318-3

Wisconsin Dane County Madison 53703 Tenney-Lapham

1049 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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