$1,000,000
SOLD MAR 15, 2024
12 Beds
4 Baths
3,712 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$269 Per Sq Ft

3% Above List Price

3 Days on Market

Highlights

  • 0.22 Acre Lot
  • Wood Flooring
  • Balcony
  • Vaulted Ceiling
  • Fenced Yard
  • Property is near a bus stop

About This Home

As of May 2025

Nothing like it! Where do we start? The neighborhood is jealous of our NINE off-street parking spaces. Built in 1974, it's newer and in better condition than most rentals. Windows/roof/siding replaced 2006. Many updates in the last 5 years incl. kitchen and bathrooms. Water Heater 2024. Speed Queen Washers and Dryers. Concrete structure between 1st and 2nd floor apartments = ultra quiet for tenants. Solid rental history. Two blocks to Breese Stevens, up the hill from Tenney Park, restaurants and coffee shops. Each unit is 2 levels, 3 bedrooms, double sinks. Upper units have vaulted ceilings and balconies. Large yard and patios for lower units. Everyone gets assigned parking and private/locked storage.

Last Agent to Sell the Property

Wil Guernsey

Stark Company, REALTORS License #68559-94 Listed on: 02/02/2024

Stark Company, REALTORS

Co-Listed By

Robin Anderson-Guernsey

Stark Company, REALTORS License #53936-90

Last Buyer's Agent

Timothy Flores

LPT Realty License #85666-94

LPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,775

Year Built

  • Built in 1974

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Family Room
  • Dining Room
  • Wood Flooring
  • Oven or Range
  • Washer and Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 9 Open Parking Spaces
  • Outside Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 0709-131-0511-4

Community Details

Overview

  • 4 Units
  • Tenney/Farwell Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,775

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Tenants personal property
  • Items Included: 4 Refrigerators, 4 Ovens, shed, push lawnmower, 2 Washers, 2 Dryers, commercial dehumidifier, 4 disposals
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Fenced yard
  • Noi Year: 2023
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 2
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Units W Ac: 4
  • Number Washers: 2
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Electric
  • Parking Stalls Outside: 9

Utilities

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

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: 0.22
  • Zoning: tr-v1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 65280

Tax Info

  • Land Assessment: 120000
  • Improvements: 565000
  • Total Assessment: 685000
  • Assessment year: 2023
  • Net Taxes: 12775
  • Tax Year: 2022
  • Assessor Parcel Number: 0709-131-0511-4

Multi Family

  • Number Of3 Bedrooms: 4
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
May 15, 2025
Sold by
Pnv Dayton Llc
Bought by
Swan Living Trust and Swan
Seller's Agent
Tanner Nimke
LPT Realty
Buyer's Agent
Justin May
Realty Executives Cooper Spransy
List Price
$1,229,000
Sold Price
$1,214,000
Premium/Discount to List
-$15,000
-1.22%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-46.13%
Original Mortgage
$728,400
Outstanding Balance
$728,400
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$364,426

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 15, 2024
Sold by
Flofactor Llc
Bought by
Pnv Dayton Llc
Seller's Agent
Wil Guernsey
Stark Company, REALTORS
Buyer's Agent
Timothy Flores
LPT Realty
List Price
$975,000
Sold Price
$1,000,000
Premium/Discount to List
$25,000
2.56%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.03%
Original Mortgage
$800,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2013
Sold by
Guernsey William R and Anderson Guernsey Robin C
Bought by
Flofactor Llc

Purchase Details

Closed on
May 3, 2012
Sold by
Flofactor Llc
Bought by
Guernsey William R and Anderson Guernsey Robin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2007
Sold by
Guernsey William R and Anderson Guernsey Robin C
Bought by
Flofactor Llc

Purchase Details

Closed on
Apr 14, 2006
Sold by
L Sorge Llc
Bought by
Guerney William R and Guerney Robin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 13, 2006
Sold by
Guernsey William R and Anderson Guernsey Robin C
Bought by
Actionfactor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $1,214,000 None Listed On Document
Warranty Deed $982,000 None Listed On Document
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $429,100 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $728,400 New Conventional
Previous Owner $800,000 New Conventional
Previous Owner $304,500 New Conventional
Previous Owner $15,000 Credit Line Revolving
Previous Owner $321,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $1,214,000 -1.2% $318 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $1,229,000 +1.2% $322 / Sq Ft
02/25/2025 02/25/25 Off Market $1,214,000 -- --
08/28/2024 08/28/24 For Rent $1,850 0.0% --
03/15/2024 03/15/24 Sold $1,000,000 +2.6% $269 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $975,000 -2.5% $263 / Sq Ft
02/02/2024 02/02/24 Off Market $1,000,000 -- --
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 $26,564 $755,000 $132,000 $623,000
2023 $12,433 $685,000 $120,000 $565,000
2021 $12,039 $564,000 $99,000 $465,000
2020 $11,447 $513,000 $98,300 $414,700
2019 $10,951 $489,000 $98,300 $390,700
2018 $10,417 $466,000 $98,300 $367,700
2017 $10,793 $466,000 $98,300 $367,700
2016 $10,564 $444,000 $89,300 $354,700
2015 $10,164 $403,000 $89,300 $313,700
2014 $9,686 $403,000 $89,300 $313,700
2013 $8,931 $391,000 $89,300 $301,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1970473

South Central Wisconsin Multiple Listing Service

APN: 0709-131-0511-4