NOT LISTED FOR SALE

1113 Williamson St Unit 1 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $591,000 - $684,000

6 Beds
4 Baths
2,422 Sq Ft
$268/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2012

Last sale price $279,000 $115 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $4,448 / mo

459 Days on Market

Highlights

  • Balcony
  • Eat-In Kitchen
  • Family Room
  • Marquette Elementary Rated A-
  • Property is near bus stop
  • 2-minute walk to McPike Park

About This Home

As of October 2012

Brick building. Newer boiler. Upgraded elec. Coin op laundry. 1113: GRM 7.1, GRMnu 8.5, Cap Rate 7.67. Debt C ratio 1.58. Cash on cash 14%. Full portfolio avail: 11 buildings, $3,254,000, Madison Isthmus. Prop management biz avail with portfolio: Mgmnt contracts ($41k/yr income) for non portfolio props, plus property manager, and office with equip and excellent prop mgmnt software.

Last Agent to Sell the Property

Tom Christensen

South Central Non-Member License #29381-90 Listed on: 05/21/2011

Last Buyer's Agent

Troy Rost

Stark Company, REALTORS License #54873-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,258

Year Built

  • Built in 1890

Lot Details

  • 2,706

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Family Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

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

Additional Features

  • Balcony
  • 2,706 Sq Ft Lot
  • Property is near bus stop
  • Radiant Heating System

Community Details

  • 4 Units
  • Laundry Facilities
  • Net Operating Income $21,406

Listing and Financial Details

  • Assessor Parcel Number 0709-131-2536-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,258

Year Built

Built in 1890

Lot Details

2,706 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Miscellaneous: Shared laundry, Close to bus line
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer

Fee Information

  • Total Expenses: 16599

Schools

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

Lot Info

  • Estimated Lot Sq Ft: 2706
  • Zoning: C2
  • Lot Size: 33 x 82
  • Geo Subdivision: WI

Rental Info

  • Total Income: 39180

Tax Info

  • Net Taxes: 6258
  • Tax Year: 2011
  • Assessor Parcel Number: 0709-131-2536-0

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 2
  • Number Of Units: 4

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
May 21, 2011
Closed on
Oct 15, 2012
Sold by
Bought by
Seller's Agent
Tom Christensen
South Central Non-Member
Buyer's Agent
Troy Rost
Stark Company, REALTORS
List Price
$325,000
Sold Price
$279,000
Premium/Discount to List
-$46,000
-14.15%
Current Estimated Value
$649,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,481
Avg. Annual Appreciation
6.31%
Original Mortgage
$237,276
Interest Rate
0.0353%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 3, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
0.0654%
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

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
$279,000 None Available
-- None Available
-- 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 $237,276
Previous Owner $274,000
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
10/15/2012 10/15/12 Sold $279,000 -14.2% $115 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
05/21/2011 05/21/11 For Sale $325,000 -- $134 / 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 $10,588 $572,400 $84,000 $488,400
2024 $22,556 $540,000 $84,000 $456,000
2023 $9,191 $490,000 $76,000 $414,000
2022 $18,259 $465,000 $69,000 $396,000
2021 $8,600 $404,000 $63,000 $341,000
2020 $8,144 $366,000 $62,500 $303,500
2019 $7,793 $349,000 $62,500 $286,500
2018 $7,399 $332,000 $62,500 $269,500
2017 $7,666 $332,000 $62,500 $269,500
2016 $7,495 $316,000 $56,500 $259,500
2015 $7,210 $287,000 $56,500 $230,500
2014 $6,875 $287,000 $56,500 $230,500
2013 $6,528 $279,000 $56,500 $222,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Tom Christensen

    South Central Non-Member

  • Troy Rost

    Buyer's Agent in 2012

    Troy Rost

    Stark Company, REALTORS

    (608) 320-0232

    1 Total Sale

    Troy Rost
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1625926

South Central Wisconsin Multiple Listing Service

APN: 0709-131-2536-0

Wisconsin Dane County Madison 53703 Marquette

1113 Williamson St Unit 1, 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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