NOT LISTED FOR SALE

112 S Broom St Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $615,000 - $666,000

6 Beds
2 Baths
2,036 Sq Ft
$316/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $480,000 $236 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,759/month

24 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 3-minute walk to Brittingham Park
  • Hamilton Middle School Rated A

About This Home

As of November 2022

Delayed for remarks

Last Agent to Sell the Property

Gerardo Jimenez

Sprinkman Real Estate License #52378-90 Listed on: 08/23/2022

Last Buyer's Agent

Gerardo Jimenez

Sprinkman Real Estate License #52378-90 Listed on: 08/23/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,123

Year Built

  • Built in 1894

Lot Details

  • 2,614

Home Design

  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Additional Features

  • 2-Story Property
  • 2,614 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units
  • Net Operating Income $24,095

Listing and Financial Details

  • Assessor Parcel Number 0709-231-2602-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,123

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Items Excluded: Tenant's personal property
  • Items Included: All appliances and Seller's personal property used to maintain
  • Year Built: 1894
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partial
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer

Fee Information

  • Total Expenses: 15608

Schools

  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.06
  • Zoning: DR2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 39703

Tax Info

  • Net Taxes: 8123
  • Tax Year: 2021
  • Assessor Parcel Number: 0709-231-2602-7

Multi Family

  • Number Of3 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Nov 3, 2022
Sold by
Corcoran Patrick J
Bought by
112 S Broom Llc
Seller's Agent
Gerardo Jimenez
Sprinkman Real Estate
Buyer's Agent
Gerardo Jimenez
Sprinkman Real Estate
List Price
$474,500
Sold Price
$480,000
Premium/Discount to List
$5,500
1.16%
Views
2
Current Estimated Value
$642,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,930
Avg. Annual Appreciation
10.09%
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

Date Buyer Sale Price Title Company
112 S Broom Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2022 11/10/22 Sold $480,000 0.0% $236 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
08/25/2022 08/25/22 Off Market $480,000 -- --
08/23/2022 08/23/22 For Sale $474,500 -- $233 / 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 $16,368 $467,000 $99,900 $367,100
2023 $7,815 $432,400 $99,900 $332,500
2021 $8,123 $370,800 $99,900 $270,900
2020 $8,253 $360,000 $97,000 $263,000
2019 $8,292 $360,000 $105,100 $254,900
2018 $6,623 $286,100 $87,600 $198,500
2017 $6,861 $286,100 $87,600 $198,500
2016 $6,725 $272,500 $79,600 $192,900
2015 $6,205 $247,100 $79,600 $167,500
2014 $5,909 $247,100 $79,600 $167,500
2013 $5,662 $239,900 $75,100 $164,800
Source: Public Records

Agents Affiliated with this Home

  • Gerardo Jimenez

    Seller's Agent in 2022

    Gerardo Jimenez

    Sprinkman Real Estate

    (608) 469-6651

    6 in this area

    154 Total Sales

    Gerardo Jimenez
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1942164

South Central Wisconsin Multiple Listing Service

APN: 0709-231-2602-7

Wisconsin Dane County Madison 53703 Downtown Madison

112 S Broom St, Madison, WI

Not Listed for Sale

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