D
Seller's Agent in 2012
Denise Holmes
Bunbury & Assoc, REALTORS
(608) 576-5556
5 in this area
250 Total Sales
1142 Gammon Ln Unit 1 Madison, WI 53719
Westside NeighborhoodEstimated Value: $540,000 - $703,000
8
Beds
8
Baths
4,000
Sq Ft
$154/Sq Ft
Est. Value
Highlights
- Balcony
- Fireplace
- Property is near a bus stop
- West Middleton Elementary School Rated A
- Eat-In Kitchen
- 4-minute walk to Elver Park
About This Home
As of July 2012Excellent location! Four-unit apartment building. Each unit has two bedrooms, private laundry, fireplace, master bath, patio/balcony & one-car garage. 1142 Gammon Ln & 1134 Gammon Ln must be sold together. Numerous updates throughout both buildings & new roofs. Priced below assessed value.
Last Agent to Sell the Property
Bunbury & Assoc, REALTORS License #22306-90 495-9 Listed on: 05/11/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Lot Details
- 0.29
Home Design
- Vinyl Siding
- Stucco Exterior
Interior Spaces
- 2-Story Property
- Fireplace
- Family Room
- Washer and Dryer
Kitchen
- Eat-In Kitchen
- Oven or Range
- Dishwasher
Schools
- West Middleton Elementary School
- Kromrey Middle School
- Middleton High School
Utilities
- Central Air
- Separate Meters
- Water Softener is Owned
Additional Features
- Balcony
- 0.29 Acre Lot
- Property is near a bus stop
Community Details
- 4 Units
- Net Operating Income $22,557
Listing and Financial Details
- Assessor Parcel Number 0708-351-0116-7
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 17, 2019
Sold by
Doers Michael
Bought by
Sharma Homes Llc
Current Estimated Value
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
$1,187,751
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
-$573,751
Purchase Details
Closed on
Mar 25, 2015
Sold by
Dog Dog Ventures Llc
Bought by
Doers Michael
Purchase Details
Listed on
May 11, 2012
Closed on
Sep 6, 2012
Sold by
Doers Michael
Bought by
Doo Dog Ventures Llc
Seller's Agent
Denise Holmes
Bunbury & Assoc, REALTORS
Buyer's Agent
Joe Armentrout
Pinnacle Real Estate Group LLC
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$150,000
Interest Rate
3.64%
Mortgage Type
Commercial
Purchase Details
Listed on
May 11, 2012
Closed on
Jul 11, 2012
Sold by
Lemcke Oma C
Bought by
Doers Michael
Seller's Agent
Denise Holmes
Bunbury & Assoc, REALTORS
Buyer's Agent
Joe Armentrout
Pinnacle Real Estate Group LLC
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.64%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sharma Homes Llc | $1,683,000 | None Available | |
| Doers Michael | -- | None Available | |
| Doo Dog Ventures Llc | -- | None Available | |
| Doers Michael | $250,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sharma Homes Llc | $1,347,200 | |
| Previous Owner | Doers Michael | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/12/2012 07/12/12 | Sold | $250,000 | -9.1% | $63 / Sq Ft |
| 06/11/2012 06/11/12 | Pending | -- | -- | -- |
| 05/11/2012 05/11/12 | For Sale | $275,000 | -- | $69 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $18,430 | $550,000 | $103,000 | $447,000 |
| 2023 | $8,707 | $520,000 | $94,000 | $426,000 |
| 2021 | $7,775 | $395,000 | $77,000 | $318,000 |
| 2020 | $8,417 | $395,000 | $77,000 | $318,000 |
| 2019 | $7,986 | $375,000 | $77,000 | $298,000 |
| 2018 | $7,153 | $345,000 | $77,000 | $268,000 |
| 2017 | $6,744 | $311,000 | $77,000 | $234,000 |
| 2016 | $5,766 | $258,000 | $74,000 | $184,000 |
| 2015 | $6,040 | $258,000 | $74,000 | $184,000 |
| 2014 | $6,067 | $258,000 | $74,000 | $184,000 |
| 2013 | $7,304 | $250,000 | $74,000 | $176,000 |
Source: Public Records
Agents Affiliated with this Home
-
Denise Holmes
-
Joe Armentrout
Buyer's Agent in 2012
Joe Armentrout
Pinnacle Real Estate Group LLC
(608) 575-6428
3 in this area
196 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1655399
APN: 0708-351-0116-7
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.
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