NOT LISTED FOR SALE

Estimated Value: $424,000 - $1,018,000

4 Beds
2 Baths
2,056 Sq Ft
$287/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $370,000 $180 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,238/month

About This Home

As of June 2022

Townhouse Style units located on Madison's eastside close to downtown. Offers private entrance, separate deck and backyard areas, Property has strong rental history:Unit 1121 as leased since 2003. 1121 Furnace replaced 2009. Unit 1119 replaced in 1988 serviced in 2021 all working good. Washer & Dryer hookups only. 1119 unit had complete. Property has been managed by MPM during entire ownership of seller. 24 hr notice for all showings.

Last Agent to Sell the Property

Ronda Thompson

Restaino & Associates License #52190-90 Listed on: 03/16/2022

Restaino & Associates

Last Buyer's Agent

Mary Browning

Compass Real Estate Wisconsin License #56365-90

Compass Real Estate Wisconsin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,397

Year Built

  • Built in 1918

Lot Details

  • 3,049

Parking

  • On-Street Parking

Kitchen

  • Oven or Range
  • Dishwasher

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,049 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-131-0826-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,397

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Townhouse style units
  • Items Excluded: Personal belongings of tenant(s) and seller.
  • Items Included: Basic UHP Warranty included $925
  • Miscellaneous: Close to bus line
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Water Heaters: 2

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.07
  • Zoning: Tr-V1

Rental Info

  • Total Income: 2040

Tax Info

  • Land Assessment: 83600
  • Improvements: 209600
  • Total Assessment: 293200
  • Assessment year: 2022
  • Net Taxes: 5397
  • Tax Year: 2021
  • Assessor Parcel Number: 0709-131-0826-7

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Jun 13, 2022
Sold by
Memmel Jessica L
Bought by
Brechlin Ashley
Seller's Agent
Ronda Thompson
Restaino & Associates
Buyer's Agent
Mary Browning
Compass Real Estate Wisconsin
List Price
$355,000
Sold Price
$370,000
Premium/Discount to List
$15,000
4.23%
Current Estimated Value
$589,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,087
Avg. Annual Appreciation
9.58%
Original Mortgage
$351,500
Outstanding Balance
$336,881
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$160,266

Purchase Details

Listed on
Jan 2, 2020
Closed on
Mar 4, 2020
Sold by
Orton Park Llc
Bought by
Memmel Jessica L
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Ronda Thompson
Restaino & Associates
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.49%
Original Mortgage
$191,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2012
Sold by
1119 East Mifflin Llc
Bought by
Orton Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
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
Brechlin Ashley $370,000 None Listed On Document
Memmel Jessica L $255,000 None Available
Orton Park Llc $156,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brechlin Ashley $351,500
Previous Owner Memmel Jessica L $191,250
Previous Owner Orton Park Llc $156,000
Previous Owner 1119 East Mifflin Llc $157,000
Previous Owner 1119 East Mifflin Llc $2,000,000
Previous Owner 1119 East Mifflin Street Llc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $370,000 +4.2% $180 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $355,000 -4.1% $173 / Sq Ft
03/16/2022 03/16/22 Off Market $370,000 -- --
03/04/2020 03/04/20 Sold $255,000 -1.5% $124 / Sq Ft
01/02/2020 01/02/20 For Sale $259,000 -- $126 / 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 $13,195 $377,400 $90,300 $287,100
2023 $6,675 $370,000 $90,300 $279,700
2021 $5,397 $255,000 $83,600 $171,400
2020 $5,625 $253,900 $78,100 $175,800
2019 $5,224 $235,100 $71,000 $164,100
2018 $4,965 $223,900 $68,300 $155,600
2017 $4,669 $203,500 $68,300 $135,200
2016 $4,355 $197,200 $63,200 $134,000
2015 $4,425 $186,000 $54,200 $131,800
2014 $4,428 $186,000 $54,200 $131,800
2013 $4,437 $178,800 $52,100 $126,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1929555

South Central Wisconsin Multiple Listing Service

APN: 0709-131-0826-7