NOT LISTED FOR SALE

Estimated Value: $337,000 - $363,093

2 Beds
2 Baths
1,120 Sq Ft
$315/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2025

Last sale price $370,000 $330 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,474 / mo

4 Days on Market

Highlights

  • Property is near bus stop
  • Forced Air Heating System
  • High Speed Internet
  • Marquette Elementary Rated A-
  • Washer and Dryer
  • 4-minute walk to McPike Park

About This Home

As of May 2025

Tremendous investment opportunity as an addition to a portfolio or to owner occupy. This 2-flat is in a prime location on Madison's isthmus in the sought-after Willy St neighborhood. From being just steps away from music venues, coffee shops, restaurants, Willy Street Co-op, and the Capitol Square, the rent/income potential of this area continues to grow every year. Both units have their own private in-unit laundry. Could be purchased on it's own or in combination with 1243 & 1245 Jenifer St. Showings are only during the open house times on Friday 4/11 & Sat 4/12 from 11am-1pm.

Last Agent to Sell the Property

Joffre Pedretti

Keller Williams Realty Brokerage Phone: 608-698-8503 Listed on: 02/26/2025

Keller Williams Realty

Last Buyer's Agent

Jim Schuessler

Stark Company, REALTORS License #63398-94

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,332

Year Built

  • Built in 1874

Lot Details

  • 3,223

Home Design

  • Duplex

Kitchen

  • Oven or Range
  • Dishwasher

Schools

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

Utilities

  • Forced Air Heating System
  • High Speed Internet

Additional Features

  • Washer and Dryer
  • Partial Basement
  • 3,223 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 2 Units
  • Net Operating Income $18,217

Listing and Financial Details

  • Assessor Parcel Number 0709-131-2525-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,332

Year Built

Built in 1874

Lot Details

3,223 Sq Ft Lot

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 and tenant's personal property
  • Items Included: 2x Range/Oven, 2x Refrigerator, 1 Dishwasher, All window blinds, 2x Washer/Dryer 2-in-1
  • Miscellaneous: Close to bus line, Internet - Cable
  • Year Built: 1874
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Washers: 2

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer

Fee Information

  • Total Expenses: 10763

Schools

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

Lot Info

  • Estimated Aces: 0.074
  • Zoning: HISTL-TRV2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 28980

Tax Info

  • Net Taxes: 6332
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-131-2525-3

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2018
Sold by
Kessenich Stephanie K
Bought by
Christensen Co Llc
Current Estimated Value
$352,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,700
Outstanding Balance
$597,240
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
-$244,967

Purchase Details

Closed on
Jan 28, 2009
Sold by
Three D Associates
Bought by
Christensen Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.03%
Mortgage Type
Unknown
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
Christensen Co Llc -- None Available
Christensen Thomas R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christensen Co Llc $687,700
Previous Owner Christensen Thomas R $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 Sold $370,000 +1.4% $330 / Sq Ft
04/13/2025 04/13/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $365,000 -1.4% $326 / Sq Ft
02/26/2025 02/26/25 Off Market $370,000 -- --
Source: South Central Wisconsin Multiple Listing Service

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
2025 $7,278 $395,000 $123,200 $271,800
2024 $12,664 $362,400 $123,200 $239,200
2023 $5,432 $302,000 $123,200 $178,800
2022 $10,911 $279,600 $114,100 $165,500
2021 $5,379 $254,200 $114,100 $140,100
2020 $5,210 $235,400 $107,600 $127,800
2019 $4,838 $218,000 $97,800 $120,200
2018 $4,598 $207,600 $97,800 $109,800
2017 $4,439 $185,400 $89,700 $95,700
2016 $4,156 $168,500 $82,300 $86,200
2015 $4,002 $168,500 $73,200 $95,300
2014 $4,004 $168,500 $73,200 $95,300
2013 $3,195 $142,000 $70,400 $71,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1994075

South Central Wisconsin Multiple Listing Service

APN: 0709-131-2525-3

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