NOT LISTED FOR SALE

1143 E Mifflin St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $455,000 - $1,098,541

5 Beds
2 Baths
1,802 Sq Ft
$366/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $482,000 $267 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,696/month

4 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Water Softener is Owned
  • Balcony
  • Property is near a bus stop
  • Forced Air Heating System

About This Home

As of July 2024

Showings begin 6/7. Incredible opportunity to own a 2-flat in one of the most sought after locations in all of Madison. Being just steps away from music venues, coffee shops, restaurants, Festival Foods, and the Capitol Square, the rent/income potential of this area continues to grow every year. First floor 3-bedroom unit has hardwood floors in bedrooms and newer vinyl plank throughout the common areas. Upstairs 2-bedroom unit has hardwood floors throughout. Both units are spacious, with private entry, have additional storage areas, and have great layouts. Inviting backyard space and convenient parking from alley make it even more desirable for tenants. Tenants take care of lawn & snow. Showings are only during 11-1 open house times on Fri/Sat 6/7 & 6/8.

Last Agent to Sell the Property

Joffre Pedretti

Keller Williams Realty Listed on: 05/09/2024

Keller Williams Realty

Last Buyer's Agent

Joffre Pedretti

Keller Williams Realty Listed on: 05/09/2024

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,149

Year Built

  • Built in 1908

Lot Details

  • 4,792

Home Design

  • Duplex
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • 3 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned
  • High Speed Internet

Additional Features

  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Balcony
  • 4,792 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-131-0818-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,149

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Excluded: Seller's personal property
  • Items Included: Range/Oven x2, Refrigerator x2, Disposal x2, Dishwasher x2, Washer/Dryer, Water softener
  • Miscellaneous: Close to bus line, Water Softener Owned, Internet - Cable
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 3

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, 2 spaces, Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Estimated Aces: 0.11
  • Zoning: TR-V1

Rental Info

  • Total Income: 40440

Tax Info

  • Net Taxes: 7149
  • Tax Year: 2023
  • Assessor Parcel Number: 0709-131-0818-4

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 27, 2024
Sold by
Seven Two Properties Llc
Bought by
Scheller John
Seller's Agent
Joffre Pedretti
Keller Williams Realty
Buyer's Agent
Joffre Pedretti
Keller Williams Realty
List Price
$500,000
Sold Price
$482,000
Premium/Discount to List
-$18,000
-3.6%
Views
11
Current Estimated Value
$660,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,385
Avg. Annual Appreciation
23.53%
Original Mortgage
$382,000
Outstanding Balance
$377,446
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$282,939

Purchase Details

Closed on
Nov 6, 2020
Sold by
Kundinger Michael and Kundinger Lexi
Bought by
Seven Two Properties Llc

Purchase Details

Closed on
May 29, 2020
Sold by
Seven Two Properties Llc
Bought by
Kundinger Michael and Kundinger Lexi

Purchase Details

Listed on
Oct 27, 2017
Closed on
Jan 19, 2018
Sold by
Kundinger Michael and Kundinger Lexi
Bought by
Seven Two Properties Llc
Seller's Agent
Peter Korotev
South Central Non-Member
Buyer's Agent
Joffre Pedretti
Keller Williams Realty
List Price
$276,000
Sold Price
$285,000
Premium/Discount to List
$9,000
3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$242,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2017
Closed on
Dec 4, 2017
Sold by
Chase Allen H and Johnson Bank
Bought by
Kundinger Michael and Kundinger Lexi
Seller's Agent
Peter Korotev
South Central Non-Member
Buyer's Agent
Joffre Pedretti
Keller Williams Realty
List Price
$276,000
Sold Price
$285,000
Premium/Discount to List
$9,000
3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 1993
Sold by
Chase Allen H
Bought by
Chase Allen H and Revocable Trust Agremrnt
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scheller John $482,000 None Listed On Document
Seven Two Properties Llc -- None Available
Kundinger Michael -- Knight Barry Title
Seven Two Properties Llc -- --
Kundinger Michael $285,000 --
Chase Allen H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheller John $382,000
Previous Owner Kundinger Michael $242,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $482,000 -3.6% $267 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $500,000 +3.7% $277 / Sq Ft
05/09/2024 05/09/24 Off Market $482,000 -- --
12/04/2017 12/04/17 Sold $285,000 +3.3% $158 / Sq Ft View Prior Sale
11/02/2017 11/02/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $276,000 -- $153 / 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 $14,831 $423,600 $128,100 $295,500
2023 $7,148 $395,900 $128,100 $267,800
2021 $7,419 $349,100 $118,600 $230,500
2020 $7,182 $323,200 $94,100 $229,100
2019 $6,672 $299,300 $85,500 $213,800
2018 $6,341 $285,000 $82,200 $202,800
2017 $6,094 $264,600 $82,200 $182,400
2016 $5,685 $240,500 $76,100 $164,400
2015 $5,416 $226,900 $65,300 $161,600
2014 $5,419 $226,900 $65,300 $161,600
2013 $4,951 $218,200 $62,800 $155,400
Source: Public Records

Agents Affiliated with this Home

  • Joffre Pedretti

    Seller's Agent in 2024

    Joffre Pedretti

    Keller Williams Realty

    (608) 698-8503

    5 in this area

    247 Total Sales

    Joffre Pedretti
    Section Image

  • P

    Seller's Agent in 2017

    Peter Korotev

    South Central Non-Member

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1976724

South Central Wisconsin Multiple Listing Service

APN: 0709-131-0818-4

Wisconsin Dane County Madison 53703 Tenney-Lapham

1143 E Mifflin St, Madison, WI

Not Listed for Sale

MultiFamily

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