$1,214,000
SOLD MAY 16, 2025
-- Bed
-- Bath
3,812 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$318 Per Sq Ft

1% Below List Price

33 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

Looking for a high-demand rental in Madison’s thriving market? This rare 4-unit building on Madison's Isthmus offers fantastic walkability and 3-bed 1-bath units with updated kitchens and double-vanity full baths. Blocks from Tenney Park, Breese Stevens Field, Festival Foods, and The Sylvee. Future Madison Public Market less than a mile away. Many restaurants close as well. Upper units have vaulted ceilings and balconies. Lower units have outdoor patios. 9 parking spaces available in private lot. Storage units in basement. Owner occupant potential. Visit RealtorTanner.com for more photos and to schedule a tour.

Last Agent to Sell the Property

Tanner Nimke

LPT Realty License #92367-94 Listed on: 02/25/2025

LPT Realty

Co-Listed By

Timothy Flores

LPT Realty License #85666-94

Last Buyer's Agent

Justin May

Realty Executives Cooper Spransy License #90597-94

Realty Executives Cooper Spransy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,282

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

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-131-0511-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,282

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 and sellers personal property
  • Items Included: Kitchen refrigerators, ovens, dishwashers, garbage disposals, and microwaves; in-unit / basement laundry machines; shed
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Fenced yard
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dish Washers: 4
  • Number Dryers: 2
  • Number Refrigerators: 5
  • Number Stoves: 4
  • Number Units W Ac: 4
  • Number Washers: 2
  • Number Water Heaters: 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: 104820

Tax Info

  • Land Assessment: 132000
  • Improvements: 623000
  • Total Assessment: 755000
  • Assessment year: 2024
  • Net Taxes: 13282
  • Tax Year: 2024
  • 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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1994004

South Central Wisconsin Multiple Listing Service

APN: 0709-131-0511-4