NOT LISTED FOR SALE

1113 S Thompson Dr Madison, WI 53716

Elvehjem Neighborhood

Estimated Value: $396,756 - $450,000

4 Beds
2 Baths
2,000 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $318,500 $159 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,629/month

Highlights

  • Open Floorplan
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Balcony
  • Accessible Bedroom
  • 1-Story Property

About This Home

As of October 2021

2 Bedroom 1 bath units with 1 car garages and rec rooms in lower level. leased until next summer. large corner lot with balconies looking over a roomy backyard. Cooperation with 1031 exchange is requested..

Last Agent to Sell the Property

Eric Reusch

Bunbury & Assoc, REALTORS License #17146-90 Listed on: 06/25/2021

Last Buyer's Agent

Team GRA

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,158

Year Built

  • Built in 1978

Lot Details

  • 0.26

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Low Emissivity Windows
  • Family Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Elvehjem Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

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

Additional Features

  • Balcony
  • 0.26 Acre Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0710-113-0514-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,158

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Level drive
  • Items Excluded: Tenants Property
  • Items Included: Range/oven, Refrigerator, Dishwasher, Washer, Dryer, Water Softener
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Washers: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, 1 space, Outside, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Elvehjem
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison

Lot Info

  • Estimated Aces: 0.26
  • Zoning: R3

Green Features

  • Energy Efficient Green: Low E Windows

Rental Info

  • Total Income: 25680

Tax Info

  • Net Taxes: 6158
  • Tax Year: 2020
  • Assessor Parcel Number: 0710-113-0514-3

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Oct 22, 2021
Sold by
Rujano Jose and Garcia Monica
Bought by
Martinez Marvin
Seller's Agent
Eric Reusch
Bunbury & Assoc, REALTORS
Buyer's Agent
Team GRA
Century 21 Affiliated
List Price
$325,000
Sold Price
$318,500
Premium/Discount to List
-$6,500
-2%
Current Estimated Value
$419,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,439
Avg. Annual Appreciation
7.14%
Original Mortgage
$238,850
Outstanding Balance
$217,809
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$202,130

Purchase Details

Listed on
Aug 1, 2014
Closed on
Jun 3, 2015
Sold by
Grossenbach Nicholas J and Railey Renee A
Bought by
Rujano Jose and Garcia Monica
Seller's Agent
Eric Castleberg
EXP Realty, LLC
Buyer's Agent
Eric Reusch
Bunbury & Assoc, REALTORS
List Price
$220,000
Sold Price
$200,500
Premium/Discount to List
-$19,500
-8.86%

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%

Purchase Details

Closed on
May 29, 2007
Sold by
Grossenbach Nicholas J and Railey Renee A
Bought by
Grossenbach Nicholas J and Railey Renee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Martinez Marvin $318,500 None Available
Rujano Jose $200,500 Attorney
Grossenbach Nicholas J -- Residential Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Marvin $238,850
Previous Owner Grossenbach Nicholas J $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2021 10/22/21 Sold $318,500 +1.1% $159 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $315,000 -3.1% $158 / Sq Ft
06/25/2021 06/25/21 For Sale $325,000 +62.1% $163 / Sq Ft
06/05/2015 06/05/15 Sold $200,500 -8.9% $100 / Sq Ft View Prior Sale
04/22/2015 04/22/15 Pending -- -- --
08/01/2014 08/01/14 For Sale $220,000 -- $110 / 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 $14,114 $369,700 $86,100 $283,600
2023 $6,523 $336,100 $81,100 $255,000
2021 $6,480 $305,400 $71,600 $233,800
2020 $6,158 $277,600 $65,100 $212,500
2019 $5,885 $264,400 $62,000 $202,400
2018 $5,487 $247,100 $62,000 $185,100
2017 $5,068 $220,600 $56,400 $164,200
2016 $5,501 $200,500 $56,400 $144,100
2015 $4,125 $170,200 $56,400 $113,800
2014 $4,046 $170,200 $56,400 $113,800
2013 $4,536 $170,200 $56,400 $113,800
Source: Public Records

Agents Affiliated with this Home

  • Eric Reusch

    Seller's Agent in 2021

    Eric Reusch

    Bunbury & Assoc, REALTORS

    (608) 279-5811

    1 in this area

    33 Total Sales

    Eric Reusch
    Section Image

  • T

    Buyer's Agent in 2021

    Team GRA

    Century 21 Affiliated

    (608) 825-7552

    2 in this area

    113 Total Sales

    Team GRA
    Section Image
  • Eric Castleberg

    Seller's Agent in 2015

    Eric Castleberg

    EXP Realty, LLC

    (608) 443-4834

    98 Total Sales

    Eric Castleberg
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1913018

South Central Wisconsin Multiple Listing Service

APN: 0710-113-0514-3

Wisconsin Dane County Madison 53716 Elvehjem

1113 S Thompson Dr, Madison, WI

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