Seller's Agent in 2022
Susi Haviland
Stark Company, REALTORS
(608) 576-9211
7 in this area
199 Total Sales
121 Langdon St Madison, WI 53703
Downtown Madison NeighborhoodEstimated Value: $700,000 - $2,118,256
18
Beds
8
Baths
7,581
Sq Ft
$214/Sq Ft
Est. Value
Highlights
- 0.25 Acre Lot
- Forced Air Heating System
- 4-minute walk to Lisa Link Peace Park
- Hamilton Middle School Rated A
- Washer and Dryer
About This Home
As of October 2022Great opportunity to own a timeless, historic home on one of Madison most iconic streets at a price that can generate meaningful cashflow. With over $220,000 of recent exterior renovations, this property offers years of low maintenance operation. This property can be leased as 4 separate units, or as a whole, 18 bedroom + den fraternity/sorority. Additionally, there are 8 oversized parking spaces. Offered with a Gross Rent Multiple under 10 with market rents.
Last Agent to Sell the Property
Stark Company, REALTORS License #31242-90 Listed on: 06/01/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $38,711
Year Built
- Built in 1886
Lot Details
- 0.25 Acre Lot
Home Design
- Brick Exterior Construction
- Stone Exterior Construction
Interior Spaces
- 3-Story Property
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Washer and Dryer
Kitchen
- Oven or Range
- Dishwasher
Parking
- 8 Open Parking Spaces
- Outside Parking
Schools
- Franklin/Randall Elementary School
- Hamilton Middle School
- West High School
Utilities
- Forced Air Heating System
- Separate Meters
Community Details
- 4 Units
- Langdon Street Subdivision
- The community has rules related to parking rules
Listing and Financial Details
- Assessor Parcel Number 0709-144-1103-1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2022
Closed on
Oct 7, 2022
Sold by
121 Langdon Street Group Llp
Bought by
121 Langdon Acquisition Llc
Seller's Agent
Susi Haviland
Stark Company, REALTORS
Buyer's Agent
Paul Haviland
Stark Company, REALTORS
List Price
$1,900,000
Sold Price
$1,865,000
Premium/Discount to List
-$35,000
-1.84%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$245,248
Avg. Annual Appreciation
-4.02%
Original Mortgage
$1,900,000
Outstanding Balance
$1,812,510
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
-$192,758
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 121 Langdon Acquisition Llc | -- | -- | |
| 121 Langdon Acquisition Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 121 Langdon Acquisition Llc | $1,900,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2022 10/07/22 | Sold | $1,865,000 | -1.8% | $246 / Sq Ft |
| 06/10/2022 06/10/22 | For Sale | $1,900,000 | -- | $251 / Sq Ft |
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 | $36,790 | $1,976,900 | $439,000 | $1,537,900 |
| 2024 | $65,865 | $1,865,000 | $439,000 | $1,426,000 |
| 2023 | $35,959 | $1,865,000 | $399,000 | $1,466,000 |
| 2022 | $64,072 | $1,621,000 | $363,000 | $1,258,000 |
| 2021 | $38,711 | $1,544,000 | $330,000 | $1,214,000 |
| 2020 | $36,242 | $1,470,000 | $330,000 | $1,140,000 |
| 2019 | $33,225 | $1,320,600 | $321,600 | $999,000 |
| 2018 | $32,009 | $1,257,600 | $321,600 | $936,000 |
| 2017 | $32,630 | $1,257,600 | $321,600 | $936,000 |
| 2016 | $30,405 | $1,197,600 | $292,600 | $905,000 |
| 2015 | $27,541 | $1,086,600 | $292,600 | $794,000 |
| 2014 | $26,247 | $1,086,600 | $292,600 | $794,000 |
| 2013 | $26,603 | $1,054,600 | $292,600 | $762,000 |
Source: Public Records
Agents Affiliated with this Home
-
Susi Haviland
-
Paul Haviland
Seller Co-Listing Agent in 2022
Paul Haviland
Stark Company, REALTORS
(608) 843-4442
17 in this area
361 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1936544
APN: 0709-144-1103-1
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