NOT LISTED FOR SALE

1201 E Mifflin St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $847,659

6 Beds
4 Baths
3,100 Sq Ft
$273/Sq Ft Est. Value

Sale Details

Date Sold: December 10, 2021

Last sale price $625,000 $202 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,916 / mo

6 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Water Softener is Owned
  • Marquette Elementary Rated A-
  • Property is near bus stop
  • Laundry Facilities

About This Home

As of December 2021

Tenney/Lapham Brick 4 unit built in the 1950's, solid craftsmanship of that era shines throughout and located in the vibrant E Washington Corridor that is booming & continuing to gain attractions, like the Central Market project! Units have been well maintained and feature gleaming oak hardwood flrs in living & bdrms(s), new dining and kitchen light fixtures, open dining space into the kitchens, large pantries, storage in basement, coin-op laundry, 3 parking stalls that currently are assigned to units (possibility to use as tandem stalls to add additional parking) & 1st floor units have private entry. Great property to add into a portfolio, room to increase rents, low maintenance & high desirability area offers bike path, bus route, groceries, entertainment & more! For more photos and info visit www.lauerrealtygroup.com or call Liz Lauer at 608-444-5725

Last Agent to Sell the Property

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 10/27/2021

Last Buyer's Agent

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 10/27/2021

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,671

Year Built

  • Built in 1954

Lot Details

  • 5,663

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 3 Open Parking Spaces
  • On-Street Parking
  • Outside Parking

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Additional Features

  • 5,663 Sq Ft Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-131-0728-5

Community Details

Overview

  • 4 Units
  • Tenney/Lapham Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,671

Year Built

Built in 1954

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: All personal property of Seller and/or Tenant.
  • Items Included: 4 Range/Ovens, 4 Refrigerators, 2 Sets of Washer/Dryers, Water Softener, All Window Coverings.
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 2
  • Number Washers: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 3

Utilities

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

Fee Information

  • Total Expenses: 43212

Schools

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

Lot Info

  • Estimated Aces: 0.13
  • Zoning: R5
  • Geo Subdivision: WI

Rental Info

  • Total Income: 47700

Tax Info

  • Net Taxes: 10671
  • Tax Year: 2020
  • Assessor Parcel Number: 0709-131-0728-5

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 2
  • Number Of Units: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Dec 2, 2021
Sold by
Berger Michael J and Sagal Arnold H
Bought by
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Liz Lauer
Lauer Realty Group, Inc.
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%
Current Estimated Value
$847,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,659
Avg. Annual Appreciation
6.57%
Original Mortgage
$375,000
Outstanding Balance
$336,882
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$510,777

Purchase Details

Closed on
Oct 30, 2009
Sold by
Fielding Andrew P and Harris Leila M
Bought by
Berger Michael J and Berger Ellen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
5.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 2006
Sold by
1201 E Mifflin St Llc
Bought by
Fielding Andrew P and Harris Leila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.5%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Tenney-Lapham, WI

  • Jennifer Geils Real Estate Agent - Stark Company, REALTORS

    Jennifer Geils

    Stark Company, REALTORS

    (845) 643-1031

    48 Total Sales

    2 in Tenney-Lapham

    $350K - $420K Price Range

    Jennifer Geils
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  • Paula Dollard Real Estate Agent - Bunbury & Assoc, REALTORS

    Paula Dollard

    Bunbury & Assoc, REALTORS

    (608) 292-6255

    60 Total Sales

    1 in Tenney-Lapham

    $445,000 Price

    Paula Dollard
     Section Image
  • Anne Baranski Real Estate Agent - Y Realty

    Anne Baranski

    Y Realty

    (608) 292-5272

    95 Total Sales

    1 in Tenney-Lapham

    $280,000 Price

    Anne Baranski
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  • Tami McFarlane Real Estate Agent - Restaino & Associates

    Tami McFarlane

    Restaino & Associates

    (608) 292-2349

    79 Total Sales

    1 in Tenney-Lapham

    $190,000 Price

    Tami McFarlane
     Section Image
  • Areal Guenther Real Estate Agent - Realty Executives Cooper Spransy

    Areal Guenther

    Realty Executives Cooper Spransy

    (608) 292-6261

    97 Total Sales

    2 in Tenney-Lapham

    $335K - $370K Price Range

    Areal Guenther
     Section Image
  • Jon Vanden Brook Real Estate Agent - First Weber Inc

    Jon Vanden Brook

    First Weber Inc

    (608) 292-3462

    58 Total Sales

    1 in Tenney-Lapham

    $445,000 Price

    Jon Vanden Brook
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$625,000 Knight Barry Title
Berger Michael J $362,500 None Available
Fielding Andrew P $330,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $375,000
Previous Owner Berger Michael J $200,700
Previous Owner Berger Michael J $222,000
Previous Owner Fielding Andrew P $242,000
Previous Owner Fielding Andrew P $247,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $625,000 +8.7% $202 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $575,000 -- $185 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,554 $731,400 $106,000 $625,400
2023 $11,336 $625,000 $96,000 $529,000
2022 $24,600 $625,000 $87,000 $538,000
2021 $11,244 $527,000 $79,000 $448,000
2020 $10,672 $478,500 $78,200 $400,300
2019 $10,196 $455,500 $78,200 $377,300
2018 $9,685 $433,500 $78,200 $355,300
2017 $10,034 $433,500 $78,200 $355,300
2016 $9,809 $412,500 $71,200 $341,300
2015 $9,426 $373,500 $71,200 $302,300
2014 $8,971 $373,500 $71,200 $302,300
2013 $8,274 $362,500 $71,200 $291,300
Source: Public Records

Agents Affiliated with this Home

  • Liz Lauer Real Estate Agent - Lauer Realty Group, Inc.

    Seller's Agent in 2021

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    13 in this area

    405 Total Sales

    Liz Lauer
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1922779

South Central Wisconsin Multiple Listing Service

APN: 0709-131-0728-5

Wisconsin Dane County Madison 53703 Tenney-Lapham

1201 E Mifflin St, Madison, WI

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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