NOT LISTED FOR SALE

118 S 1st St Unit 1 Madison, WI 53704

Atwood Neighborhood

Estimated Value: $320,000 - $347,000

3 Beds
2 Baths
1,288 Sq Ft
$259/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $142,000 $110 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,549/month

Highlights

  • Balcony
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Marquette Elementary Rated A-
  • Accessible Bedroom
  • 1-Story Property

About This Home

As of January 2015

ATTENTION INVESTORS: FANTASTIC RENTAL WITH LEASES THROUGH JULY 2015!!! Location, location, location - btw Winnebago & E Wash. Character of an older home w/convenience of updates. Beautiful hard wood floors, paneled doors, thick trim & coffered ceilings! Private entry for each unit w/front porch on 2BD. Deep yard w/2 private spaces as well as off street parking. Shared hallway to basement for storage & laundry hook up UHP Home Warranty Included for peace of mind. Seller says rents are low for area.

Last Agent to Sell the Property

Kjerstin Goggin

South Central Non-Member License #57488-90 Listed on: 12/04/2014

Last Buyer's Agent

Andrew Lindgren

First Weber Inc License #45145-94

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,429

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Family Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-072-0635-5

Community Details

Overview

  • 2 Units
  • Farwell Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $7,054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,429

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Number Water Softeners: 1

Garage/Parking

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

Utilities

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

Fee Information

  • Total Expenses: 10106

Schools

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

Lot Info

  • Estimated Aces: 0.08
  • Zoning: R3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 17160

Tax Info

  • Net Taxes: 3429
  • Tax Year: 2013
  • Assessor Parcel Number: 0710-072-0635-5

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2014
Closed on
Jan 30, 2015
Sold by
Twining Management Llc
Bought by
Diehl Timothy R and Railey Ruth Y
Seller's Agent
Kjerstin Goggin
South Central Non-Member
Buyer's Agent
Andrew Lindgren
First Weber Inc
List Price
$159,900
Sold Price
$142,000
Premium/Discount to List
-$17,900
-11.19%
Current Estimated Value
$334,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,077
Avg. Annual Appreciation
8.28%
Original Mortgage
$106,500
Outstanding Balance
$81,691
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$252,386

Purchase Details

Closed on
Nov 6, 2013
Sold by
Johnson Irwin T
Bought by
Twining Management Llc

Purchase Details

Closed on
Jul 16, 2013
Sold by
Twining Management Llc
Bought by
Johnson Irwin T

Purchase Details

Closed on
Oct 26, 2007
Sold by
Johnson Irwin
Bought by
Twining Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Diehl Timothy R $142,000 None Available
Twining Management Llc $165,000 --
Johnson Irwin T -- None Available
Twining Management Llc -- None Available
Johnson Irwin $159,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diehl Timothy R $106,500
Previous Owner Johnson Irwin $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $142,000 -11.2% $110 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
12/04/2014 12/04/14 For Sale $159,900 -- $124 / 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 $9,601 $275,900 $62,100 $213,800
2023 $4,496 $250,800 $62,100 $188,700
2021 $4,074 $193,500 $54,800 $138,700
2020 $3,947 $179,200 $50,700 $128,500
2019 $3,772 $170,700 $44,900 $125,800
2018 $3,514 $159,500 $44,900 $114,600
2017 $3,399 $149,100 $37,400 $111,700
2016 $3,324 $142,000 $37,400 $104,600
2015 $3,471 $146,500 $37,400 $109,100
2014 $3,472 $146,500 $37,400 $109,100
2013 $3,170 $140,900 $36,000 $104,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1732646

South Central Wisconsin Multiple Listing Service

APN: 0710-072-0635-5