NOT LISTED FOR SALE

1049 E Johnson St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $910,000

8 Beds
5 Baths
2,620 Sq Ft
$347/Sq Ft Est. Value

Sale Details

Date Sold: July 21, 2025

Last sale price $510,000 $195 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,083 / mo

10 Days on Market

Highlights

  • Main Floor Bedroom
  • Balcony
  • Eat-In Kitchen
  • Den
  • Detached Garage
  • Bathroom on Main Level

About This Home

As of July 2025

Show 6/19. CALLING ALL INVESTORS! “Priced to Sell” 5-unit in the heart of The Tenney-Lapham Neighborhood. Unbelievable potential but will need substantial work. Likely will not pass conventional lending. All showings must be approved by the Listing agent. Do NOT enter premises without approval. Property is priced well below assessed value knowing there is work needed. Being sold “as-is”. For more information contact Tobi Silgman at 608-279-3591 or Tobi@LauerRealtyGroup.com.

Last Agent to Sell the Property

Tobi Silgman

Lauer Realty Group, Inc. License #61610-94 Listed on: 06/11/2025

Last Buyer's Agent

Tobi Silgman

Lauer Realty Group, Inc. License #61610-94 Listed on: 06/11/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 5,227

Home Design

  • Wood Siding

Interior Spaces

  • Family Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Detached Garage
  • On-Street Parking
  • Outside Parking

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters

Additional Features

  • Balcony
  • 5,227 Sq Ft Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-131-1418-1

Community Details

Overview

  • 5 Units
  • The community has rules related to parking rules

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

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
  • Items Excluded: Sellers and tenants personal property.
  • Items Included: 5 Refrigerators, 5 Range/Ovens
  • Miscellaneous: Shared laundry, Close to bus line
  • Year Built: 1912
  • Reso Accessibility Features: First floor bedroom, First floor full bath
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached, Outside, Parking fee
  • 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: 0.12
  • Zoning: TR-V2
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 14606
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-131-1418-1

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 4
  • Number Of Units: 5

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
Jun 11, 2025
Closed on
Jul 21, 2025
Sold by
Bought by
Seller's Agent
Tobi Silgman
Lauer Realty Group, Inc.
Buyer's Agent
Tobi Silgman
Lauer Realty Group, Inc.
List Price
$500,000
Sold Price
$510,000
Premium/Discount to List
$10,000
2%
Views
33
Current Estimated Value
$910,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,000
Avg. Annual Appreciation
96.07%

Purchase Details

Listed on
Sep 1, 2015
Closed on
Jan 5, 2016
Sold by
Bought by
Seller's Agent
Tom Christensen
South Central Non-Member
Buyer's Agent
Tobi Silgman
Lauer Realty Group, Inc.
List Price
$449,000
Sold Price
$445,000
Premium/Discount to List
-$4,000
-0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%
Original Mortgage
$333,700
Interest Rate
3.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
$510,000 Knight Barry Title
$445,000 Attorney
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
Previous Owner $333,700
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
07/21/2025 07/21/25 Sold $510,000 +2.0% $195 / Sq Ft
06/21/2025 06/21/25 Pending -- -- --
06/11/2025 06/11/25 For Sale $500,000 +12.4% $191 / Sq Ft
01/05/2016 01/05/16 Sold $445,000 -0.9% $12,361 / Sq Ft View Prior Sale
10/23/2015 10/23/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $449,000 -- $12,472 / 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 $14,123 $757,900 $95,000 $662,900
2024 $29,212 $715,000 $95,000 $620,000
2023 $12,723 $650,000 $86,000 $564,000
2022 $25,668 $620,000 $78,000 $542,000
2021 $11,682 $539,000 $71,000 $468,000
2020 $10,930 $490,000 $70,100 $419,900
2019 $10,455 $467,000 $70,100 $396,900
2018 $10,019 $445,000 $70,100 $374,900
2017 $10,453 $445,000 $70,100 $374,900
2016 $9,609 $402,500 $64,100 $338,400
2015 $9,208 $365,500 $64,100 $301,400
2014 $8,777 $365,500 $64,100 $301,400
2013 $8,090 $354,500 $64,100 $290,400
Source: Public Records

Agents Affiliated with this Home

  • Tobi Silgman

    Seller's Agent in 2025

    Tobi Silgman

    Lauer Realty Group, Inc.

    (608) 279-3591

    15 in this area

    237 Total Sales

    Tobi Silgman
    Section Image

  • T

    Seller's Agent in 2016

    Tom Christensen

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2001997

South Central Wisconsin Multiple Listing Service

APN: 0709-131-1418-1

Wisconsin Dane County Madison 53703 Tenney-Lapham

1049 E Johnson St, Madison, WI

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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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