NOT LISTED FOR SALE

1118 Gammon Ln Madison, WI 53719

Westside Neighborhood

Estimated Value: $688,000 - $795,000

12 Beds
8 Baths
4,872 Sq Ft
$155/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2012

Last sale price $350,000 $72 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $5,147 / mo

111 Days on Market

Highlights

  • Open Floorplan
  • Balcony
  • Attached Garage
  • West Middleton Elementary School Rated A
  • Fireplace
  • Eat-In Kitchen

About This Home

As of July 2012

Investors! With Cash Flow From Day 1, Appreciation on Value & Depreciation for Taxes - Great Return on Investment! West Side Location! All 4 Units Have 3 BR - Brick Fireplaces - Laundry Hook Ups - 1.5 Car Individual Underground Garage - 1.5 Baths - Private Entrance - Balcony - Middleton Schools! +Plus so Much More! Easy to Rent, But Strong Rental History! Newer Roof, Brick/Vinyl Exterior (Low Maintenance) & Some Upgrades Per Unit! Reduce Your Taxes & Increase Your Wealth Portfolio!

Last Agent to Sell the Property

Donald Carter

Stark Company, REALTORS License #56520-90 Listed on: 02/11/2012

Stark Company, REALTORS

Last Buyer's Agent

Joe Armentrout

Pinnacle Real Estate Group LLC License #53365-90

Pinnacle Real Estate Group LLC

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.29

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Schools

  • West Middleton Elementary School
  • Kromrey Middle School
  • Middleton High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Level Entry For Accessibility
  • Balcony
  • 12,600 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0708-351-0113-3

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0.29 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Barrier Free: Open floor plan, Ramped or level entrance
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 4
  • Number Units W Ac: 4
  • Number Water Softeners: 4

Exterior Features

  • Exterior: Vinyl, Brick, Stone

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant

Utilities

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

Schools

  • Elementary School: West Middleton
  • High School: Middleton
  • Middle School: Kromrey
  • School District: Middleton-Cross Plains

Lot Info

  • Estimated Lot Sq Ft: 12600
  • Zoning: R4
  • Lot Size: 140x90

Rental Info

  • Total Income: 50400

Tax Info

  • Net Taxes: 8847
  • Tax Year: 2011
  • Assessor Parcel Number: 0708-351-0113-3

Multi Family

  • Number Of3 Bedrooms: 4
  • 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

Closed on
Dec 17, 2019
Sold by
Bought by
Current Estimated Value
$753,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,347,200
Outstanding Balance
$1,164,417
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
-$410,750

Purchase Details

Closed on
Mar 25, 2015
Sold by
Bought by

Purchase Details

Listed on
Feb 11, 2012
Closed on
Sep 6, 2012
Sold by
Bought by
Seller's Agent
Donald Carter
Stark Company, REALTORS
Buyer's Agent
Joe Armentrout
Pinnacle Real Estate Group LLC
List Price
$424,500
Sold Price
$350,000
Premium/Discount to List
-$74,500
-17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$210,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 11, 2012
Closed on
Jul 12, 2012
Sold by
Bought by
Seller's Agent
Donald Carter
Stark Company, REALTORS
Buyer's Agent
Joe Armentrout
Pinnacle Real Estate Group LLC
List Price
$424,500
Sold Price
$350,000
Premium/Discount to List
-$74,500
-17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2005
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
$330,000
Interest Rate
5.69%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Westside, WI

  • Matt Deadman Real Estate Agent - Real Broker LLC

    Matt Deadman

    Real Broker LLC

    (608) 292-3702

    179 Total Sales

    2 in Westside

    $390K - $600K Price Range

    Matt Deadman
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  • Allen Morris Real Estate Agent - Berkshire Hathaway HomeServices True Realty

    Allen Morris

    Berkshire Hathaway HomeServices True Realty

    (608) 208-9971

    130 Total Sales

    1 in Westside

    $160,000 Price

    Allen Morris
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  • Erin Anderson Real Estate Agent - First Weber Inc

    Erin Anderson

    First Weber Inc

    (608) 292-2907

    104 Total Sales

    5 in Westside

    $225K - $535K Price Range

    Erin Anderson
     Section Image
  • Fred Van Buren Real Estate Agent - Real Broker LLC

    Fred Van Buren

    Real Broker LLC

    (608) 292-3108

    52 Total Sales

    1 in Westside

    $138,500 Price

    Fred Van Buren
     Section Image
  • Mary Browning Real Estate Agent - Compass Real Estate Wisconsin

    Mary Browning

    Compass Real Estate Wisconsin

    (608) 292-3610

    109 Total Sales

    4 in Westside

    $178K - $699K Price Range

    Mary Browning
     Section Image
  • Erica Thompson Colstad Real Estate Agent - Stark Company, REALTORS

    Erica Thompson Colstad

    Stark Company, REALTORS

    (608) 292-2528

    75 Total Sales

    2 in Westside

    $235K - $391K Price Range

    Erica Thompson Colstad
     Section Image
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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
$1,683,000 None Available
-- None Available
-- None Available
$350,000 None Available
$440,000 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 $1,347,200
Previous Owner $210,000
Previous Owner $330,000
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
07/12/2012 07/12/12 Sold $350,000 -17.6% $72 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
02/11/2012 02/11/12 For Sale $424,500 -- $87 / 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 $12,141 $709,000 $103,000 $606,000
2023 $9,636 $575,000 $94,000 $481,000
2022 $18,649 $500,000 $85,000 $415,000
2021 $8,768 $445,000 $77,000 $368,000
2020 $9,492 $445,000 $77,000 $368,000
2019 $9,060 $425,000 $77,000 $348,000
2018 $8,409 $405,000 $77,000 $328,000
2017 $8,146 $375,000 $77,000 $298,000
2016 $8,096 $361,000 $74,000 $287,000
2015 $8,481 $361,000 $74,000 $287,000
2014 $8,519 $361,000 $74,000 $287,000
2013 $11,429 $350,000 $74,000 $276,000
Source: Public Records

Agents Affiliated with this Home

  • Donald Carter Real Estate Agent - Stark Company, REALTORS

    Seller's Agent in 2012

    Donald Carter

    Stark Company, REALTORS

    (608) 212-1602

    3 in this area

    36 Total Sales

    Donald Carter
    Section Image
  • Joe Armentrout Real Estate Agent - Pinnacle Real Estate Group LLC

    Buyer's Agent in 2012

    Joe Armentrout

    Pinnacle Real Estate Group LLC

    (608) 575-6428

    3 in this area

    168 Total Sales

    Joe Armentrout
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1646272

South Central Wisconsin Multiple Listing Service

APN: 0708-351-0113-3

Wisconsin Dane County Madison 53719 Westside

1118 Gammon Ln, Madison, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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