NOT LISTED FOR SALE

1117 S Thompson Dr Madison, WI 53716

Elvehjem Neighborhood

Estimated Value: $418,000 - $455,000

4 Beds
2 Baths
2,168 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $247,600 $114 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,743/month

Highlights

  • Wood Flooring
  • Fenced Yard
  • Eat-In Kitchen
  • Den
  • Balcony
  • Property is near a bus stop

About This Home

As of June 2018

Amazing investment opportunity! Each side has 2 bedrooms, 1 bath,1 car garage, and fenced in yard. Upper level has living room, large kitchen w/dinning area, full bath, and 2 bedrooms. Lower level has large rec room, and lots of storage. Both units are always rented and are close to bus line.

Last Agent to Sell the Property

John Reuter

Integrity Homes - Real Broker LLC License #58480-90 Listed on: 04/20/2018

Co-Listed By

Lindsay Reuter

Integrity Homes - Real Broker LLC License #85706-94

Last Buyer's Agent

Jeff Lange

First Weber Inc License #26890-90 979-4

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,176

Year Built

  • Built in 1978

Lot Details

  • 0.32 Acre Lot
  • Fenced Yard

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Dining Room
  • Den
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • Garage
  • Garage Door Opener

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Softener is Owned

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • 2 Units
  • Net Operating Income $21,840

Listing and Financial Details

  • Assessor Parcel Number 071011305151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,176

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 1/2 story
  • Items Excluded: Seller and/or tenants personal property
  • Items Included: Refrigerator (2), Stove (2), Dishwasher (2), Water Softener (2), All window coverings
  • Miscellaneous: Close to bus line, Water Softener Owned, Fenced yard
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Partially finished, Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Units W Ac: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Aluminum/Steel, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 1
  • Parking Stalls Outside: 1

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.32
  • Zoning: SR-C3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 21840

Tax Info

  • Net Taxes: 5176
  • Tax Year: 2017
  • Assessor Parcel Number: 071011305151

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
May 31, 2018
Sold by
Odonahue Matthew J
Bought by
Robinson Tiffany A
Seller's Agent
John Reuter
Integrity Homes - Real Broker LLC
Buyer's Agent
Jeff Lange
First Weber Inc
List Price
$244,900
Sold Price
$247,600
Premium/Discount to List
$2,700
1.1%
Current Estimated Value
$438,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,663
Avg. Annual Appreciation
8.02%
Original Mortgage
$231,100
Outstanding Balance
$199,863
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$238,400
Source: Public Records

Range of Values:

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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
Robinson Tiffany A $247,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Tiffany A $231,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2018 06/06/18 Sold $247,600 +1.1% $114 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $244,900 -- $113 / 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 $14,551 $415,700 $90,700 $325,000
2023 $6,819 $377,900 $85,400 $292,500
2021 $6,063 $286,000 $75,400 $210,600
2020 $5,763 $260,000 $68,500 $191,500
2019 $5,506 $247,600 $65,200 $182,400
2018 $5,521 $248,600 $65,200 $183,400
2017 $5,177 $222,000 $59,300 $162,700
2016 $4,758 $201,800 $59,300 $142,500
2015 $4,665 $192,100 $59,300 $132,800
2014 $4,576 $192,100 $59,300 $132,800
2013 $5,471 $192,100 $59,300 $132,800
Source: Public Records

Agents Affiliated with this Home

  • John Reuter

    Seller's Agent in 2018

    John Reuter

    Integrity Homes - Real Broker LLC

    (608) 669-4226

    1 in this area

    86 Total Sales

    John Reuter
    Section Image

  • L

    Seller Co-Listing Agent in 2018

    Lindsay Reuter

    Integrity Homes - Real Broker LLC

    (608) 834-3341

    Lindsay Reuter
    Section Image
  • Jeff Lange

    Buyer's Agent in 2018

    Jeff Lange

    First Weber Inc

    (608) 575-7307

    2 in this area

    106 Total Sales

    Jeff Lange
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1828082

South Central Wisconsin Multiple Listing Service

APN: 0710-113-0515-1

Wisconsin Dane County Madison 53716 Elvehjem

1117 S Thompson Dr, Madison, WI

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