NOT LISTED FOR SALE

1139 Rutledge St Unit 1 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $1,014,000 - $1,815,674

7 Beds
6 Baths
4,323 Sq Ft
$309/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $1,030,000 $238 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,702/month

14 Days on Market

Highlights

  • Waterfront
  • 0.29 Acre Lot
  • Balcony
  • Marquette Elementary Rated A-
  • Den
  • 2-minute walk to Orton Park

About This Home

As of June 2017

Subject to 24-hrs Notice; tenant occupied. The beautiful, historic Linda Garrity House, an owner-occupied 3-flat is on the market! This is a unique property with a long history in Madison. 2-bed, 1-bath rentals have fabulous views out over Lake Monona. Owner's unit is 3 bed, 3-bath, with study/office. All units have gas fireplaces, decks and views of the water. Great access to the water and a private pier make this a much sought after home. Measurements and lease data taken from blueprints, assessor and attorney for the estate. Come see this water front home on Lake Monona, an owner occupied 3-flat near downtown Madison!

Last Agent to Sell the Property

Sona Olson

Real Broker LLC License #48636-90 Listed on: 04/26/2017

Real Broker LLC

Last Buyer's Agent

Renee Heine

Lauer Realty Group, Inc. License #70510-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,779

Year Built

  • Built in 1856

Lot Details

  • 0.29 Acre Lot
  • Waterfront

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Low Emissivity Windows
  • Family Room
  • Dining Room
  • Den

Kitchen

  • Oven or Range
  • Dishwasher

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Windows

Parking

  • Garage
  • Garage Door Opener
  • Driveway Level
  • On-Street Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

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

Utilities

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

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-073-0709-6

Community Details

Overview

  • 3 Units
  • Farwells Replat Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,779

Year Built

Built in 1856

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down, SingleFam zoned MultiFam
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Low pile or no carpeting
  • Items Excluded: personal property of tenants and/or owner
  • Items Included: oven/range, refrigerator, water softener, washer/dryer, some window coverings, pier
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Noi Year: 2017
  • Year Built: 1856
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Walkout to yard, Partially finished, Block foundation
  • Number Dish Washers: 3
  • Number Dryers: 1
  • Number Furnaces: 3
  • Number Refrigerators: 3
  • Number Stoves: 3
  • Number Units W Ac: 3
  • Number Washers: 1
  • Number Water Heaters: 3
  • Number Water Softeners: 3

Exterior Features

  • Waterfront: Has actual water frontage
  • Waterfront: Yes
  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, 2 spaces, Opener inc
  • Utilities: Separate elec meters, Separate gas 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: 0.29
  • Zoning: HIS-TL
  • Geo Subdivision: WI

Green Features

  • Energy Efficient Green: Low E Windows

Rental Info

  • Total Income: 48000

Tax Info

  • Land Assessment: 435800
  • Improvements: 190300
  • Total Assessment: 626100
  • Assessment year: 2016
  • Net Taxes: 14779
  • Tax Year: 2016
  • Assessor Parcel Number: 0710-073-0709-6

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of3 Bedrooms: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2021
Sold by
Rice Gary A
Bought by
Rice Gary R and Gary A Rice Trust
Current Estimated Value
$1,334,169

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jun 15, 2017
Sold by
Bartelt Virginia M
Bought by
Rice Gary A
Seller's Agent
Sona Olson
Real Broker LLC
Buyer's Agent
Renee Heine
Lauer Realty Group, Inc.
List Price
$724,900
Sold Price
$1,030,000
Premium/Discount to List
$305,100
42.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
Original Mortgage
$730,000
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Rice Gary R -- None Available
Rice Gary A $1,030,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gary A Rice Trust $150,000
Closed Rice Gary A $70,000
Open Rice Gary A $730,000
Closed Rice Gary A $730,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $1,030,000 +42.1% $238 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $724,900 -- $168 / 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 $43,117 $1,237,700 $660,900 $576,800
2023 $21,540 $1,201,200 $578,900 $622,300
2021 $24,721 $1,168,000 $503,400 $664,600
2020 $24,026 $1,081,500 $503,400 $578,100
2019 $22,935 $1,030,000 $503,400 $526,600
2018 $22,930 $1,030,000 $503,400 $526,600
2017 $15,120 $657,400 $457,600 $199,800
2016 $14,779 $626,100 $435,800 $190,300
2015 $14,955 $613,800 $427,300 $186,500
2014 $14,661 $613,800 $427,300 $186,500
2013 $13,963 $613,800 $427,300 $186,500
Source: Public Records

Agents Affiliated with this Home

  • Sona Olson

    Seller's Agent in 2017

    Sona Olson

    Real Broker LLC

    (608) 770-1896

    59 Total Sales

    Section Image
  • Renee Heine

    Buyer's Agent in 2017

    Renee Heine

    Lauer Realty Group, Inc.

    (608) 220-0440

    3 in this area

    87 Total Sales

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1801864

South Central Wisconsin Multiple Listing Service

APN: 0710-073-0709-6

Wisconsin Dane County Madison 53703 Marquette

1139 Rutledge St Unit 1, Madison, WI

This home is located at 1139 Rutledge St Unit 1, Madison, WI 53703 since 26 April 2017 and is currently estimated at $1,334,169, approximately $308 per square foot. This property was built in 1856. 1139 Rutledge St Unit 1 is a home located in Dane County with nearby schools including Marquette Elementary, O'Keeffe Middle, and East High School.

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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