NOT LISTED FOR SALE

Estimated Value: $445,000 - $528,000

3 Beds
2 Baths
1,376 Sq Ft
$350/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $400,000 $291 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,779/month

9 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Forced Air Heating System
  • Marquette Elementary Rated A-
  • Eat-In Kitchen
  • 3-minute walk to Orton Park

About This Home

As of January 2023

Live in the vibrant Marquette neighborhood! Currently set up as a two unit (studio apt. & 3 bed) w/ potential gross rent of $2745/month (base on previous rent), you can owner occupy & rent OR easily convert it back to a single family by removing a door. Bright and welcoming with hardwoods, and big newer windows bring in plenty of natural light. Spacious kitchen w/ room for a kitchen table & access to the back porch. New carpet upstairs, updated bath, & newer windows throughout. The Studio apartment is spacious & perfect sized w/ full bathroom & kitchen. Huge back porch w/ paver patio in an oasis of deciduous trees, lush ferns, & hostas. Only steps to Orton Park, Willy Street, and the best of the East Side, you can’t beat the location! Property also listed as Single-Family, MLS#1947107

Last Agent to Sell the Property

Jaclyn Cunningham

First Weber Inc License #91917-94 Listed on: 11/21/2022

First Weber Inc

Co-Listed By

Jeff Kuhl

First Weber Inc License #57076-90

Last Buyer's Agent

Tiffany Malone

Compass Real Estate Wisconsin License #84753-94

Compass Real Estate Wisconsin

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1886

Lot Details

  • 4,356

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • On-Street Parking
  • Outside Parking

Schools

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

Additional Features

  • Balcony
  • 4,356 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0710-073-0507-4

Property Details

Home Type

Multi-Family

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 1 1/2 story
  • Items Excluded: SELLER'S PERSONAL PROPERTY
  • Items Included: 2 REFRIGERATORS, 2 OVEN/STOVE, MICROWAVE, WASHER/DRYER, WINDOW AC UNIT, ALL WINDOW COVERINGS
  • Year Built: 1886
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside

Schools

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

Lot Info

  • Estimated Aces: 0.1
  • Zoning: HISTL/TRC4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 2745

Tax Info

  • Land Assessment: 128700
  • Improvements: 241300
  • Total Assessment: 370000
  • Assessment year: 2022
  • Net Taxes: 736788
  • Tax Year: 2021
  • Assessor Parcel Number: 0710-073-0507-4

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2024
Sold by
Moo Glenn M Fung
Bought by
1227 Spaight Street Llc
Current Estimated Value
$480,979

Purchase Details

Closed on
Aug 18, 2023
Sold by
Moo Glenn M Fung and Moo Ceri E
Bought by
Fung-Jenkins Living Trust and Moo

Purchase Details

Listed on
Nov 21, 2022
Closed on
Dec 29, 2022
Sold by
Janson Kara
Bought by
Jenkins Ceri and Fung Glenn
Seller's Agent
Jaclyn Cunningham
First Weber Inc
Buyer's Agent
Tiffany Malone
Compass Real Estate Wisconsin
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%

Purchase Details

Listed on
Mar 16, 2021
Closed on
Jun 18, 2021
Sold by
Swartz Andrew R and Long Kristin K
Bought by
Janson Kara and Maresh Alison
Seller's Agent
Susan Detering
Solidarity Realty, LLC
Buyer's Agent
Darcy Haber
Solidarity Realty, LLC
List Price
$384,900
Sold Price
$377,000
Premium/Discount to List
-$7,900
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$320,450
Interest Rate
2.9%
Mortgage Type
New Conventional
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
1227 Spaight Street Llc -- None Listed On Document
Fung-Moo Glenn M -- None Listed On Document
Fung-Jenkins Living Trust -- None Listed On Document
Jenkins Ceri $400,000 --
Janson Kara $377,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Janson Kara $320,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $400,000 -2.4% $291 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $410,000 +8.8% $298 / Sq Ft
06/18/2021 06/18/21 Sold $377,000 -0.8% $274 / Sq Ft
04/02/2021 04/02/21 Price Changed $379,900 -1.3% $276 / Sq Ft
03/18/2021 03/18/21 For Sale $384,900 +2.1% $280 / Sq Ft
03/16/2021 03/16/21 Off Market $377,000 -- --
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 $13,907 $397,500 $139,000 $258,500
2023 $7,013 $388,500 $139,000 $249,500
2021 $7,368 $346,700 $128,700 $218,000
2020 $7,133 $321,000 $121,400 $199,600
2019 $6,625 $297,200 $110,400 $186,800
2018 $6,296 $283,000 $110,400 $172,600
2017 $5,951 $252,700 $101,300 $151,400
2016 $5,568 $229,700 $92,900 $136,800
2015 $5,484 $229,700 $80,400 $149,300
2014 $5,487 $229,700 $80,400 $149,300
2013 $5,572 $220,900 $80,400 $140,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1947106

South Central Wisconsin Multiple Listing Service

APN: 0710-073-0507-4