NOT LISTED FOR SALE

1101 E Mifflin St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $621,577 - $731,000

4 Beds
4 Baths
2,800 Sq Ft
$249/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $312,500 $112 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $5,366/month

10 Days on Market

Highlights

  • Balcony
  • Water Softener is Owned
  • Family Room
  • Property is near bus stop
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of May 2015

Investor this is a Dream location!! Strong rental history - in the near eastside corridor - on the bike path - walkable to downtown - Bus line - Tenants pay Heat and Electric. Seller says time to downscale.

Last Agent to Sell the Property

Dan Martinson

South Central Non-Member License #48184-90 Listed on: 03/25/2015

Last Buyer's Agent

Dan Martinson

South Central Non-Member License #48184-90 Listed on: 03/25/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 2,004

Home Design

  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Family Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Balcony
  • Property is near bus stop

Community Details

  • 4 Units
  • Laundry Facilities
  • Net Operating Income $20,703

Listing and Financial Details

  • Assessor Parcel Number 0709-131-0831-6

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 3 story
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 11697

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Zoning: G1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 32400

Tax Info

  • Net Taxes: 8456
  • Tax Year: 2014
  • Assessor Parcel Number: 0709-131-0831-6

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2020
Sold by
Taske Mary K
Bought by
Taske Erik D
Current Estimated Value
$696,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,900
Outstanding Balance
$403,017
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$293,627

Purchase Details

Listed on
Mar 25, 2015
Closed on
May 29, 2015
Sold by
Fritz Erik D
Bought by
Taske Erik D and Taske Mary K
Seller's Agent
Dan Martinson
South Central Non-Member
Buyer's Agent
Dan Martinson
South Central Non-Member
List Price
$339,000
Sold Price
$312,500
Premium/Discount to List
-$26,500
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$251,200
Interest Rate
3.63%
Mortgage Type
Commercial
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
Taske Erik D -- None Available
Taske Erik D $312,500 First American Title P Nined
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taske Erik D $452,900
Closed Taske Erik D $251,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $312,500 -7.8% $112 / Sq Ft
04/04/2015 04/04/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $339,000 -- $121 / 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 $20,722 $590,000 $75,000 $515,000
2023 $9,691 $535,000 $68,000 $467,000
2021 $9,438 $443,000 $56,000 $387,000
2020 $8,975 $403,000 $55,600 $347,400
2019 $8,583 $384,000 $55,600 $328,400
2018 $8,165 $366,000 $55,600 $310,400
2017 $8,460 $366,000 $55,600 $310,400
2016 $8,286 $349,000 $50,600 $298,400
2015 $7,961 $316,000 $50,600 $265,400
2014 $7,578 $316,000 $50,600 $265,400
2013 $6,996 $307,000 $50,600 $256,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Dan Martinson

    South Central Non-Member

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1740556

South Central Wisconsin Multiple Listing Service

APN: 0709-131-0831-6

Wisconsin Dane County Madison 53703 Tenney-Lapham

1101 E Mifflin St, Madison, WI

Not Listed for Sale

MultiFamily

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