NOT LISTED FOR SALE

1238 Spaight St Unit 5 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $806,000 - $845,000

4 Beds
3 Baths
2,758 Sq Ft
$298/Sq Ft Est. Value

Sale Details

Date Sold: July 9, 2025

Last sale price $800,000 $290 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,324 / mo

11 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Detached Garage
  • Marquette Elementary Rated A-
  • Sun or Florida Room
  • 4-minute walk to Orton Park

About This Home

As of July 2025

Stunning Stucco 3 flat with architectural features akin to the vernacular of Claude and Starck homes in UW Heights would be perfect for owner occupant or addition to a portfolio. Exterior boasts a covered front porch, large eaves and dormers giving it a stately appeal. Gorgeous foyer entry with built-ins, woodwork & wide staircase. 1st floor flat offers hardwood flrs, 9ft ceilings, 3 season room, and formal dining w/built-ins. 2nd floor offers 2 bedrooms, hardwood flrs, & eat-in kitchen. 3rd floor offers expansive living w/9ft ceilings & dormers. New pitched roof '22, Split a/c system '21 (1 per flat), Boiler '19, H20 softener/heater '21. 200 amp electric and clean basement. Inspiring 268 sq ft workshop/studio in backyard, w/insulation, 60 amp sub panel & great windows. Hurry! For additional info contact Liz Lauer at 608-444-5725 or Liz@LauerRealtyGroup.com.

Last Agent to Sell the Property

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 05/01/2025

Last Buyer's Agent

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 05/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,285

Year Built

  • Built in 1909

Lot Details

  • 4,356

Home Design

  • Poured Concrete
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • Detached Garage
  • On-Street Parking

Schools

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

Utilities

  • Central Air
  • Radiant Heating System
  • Water Softener is Owned

Additional Features

  • 4,356 Sq Ft Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-073-0428-2

Community Details

Overview

  • 3 Units
  • Marquette Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,285

Year Built

Built in 1909

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Items Excluded: Seller's/Tenant's personal property.
  • Items Included: See Addendum R in documents section of MLS
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 1
  • Number Units W Ac: 3
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood, Stucco

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Detached

Schools

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

Lot Info

  • Estimated Aces: 0.1
  • Zoning: HIS-TL, TR
  • Geo Subdivision: WI

Rental Info

  • Total Income: 55750

Tax Info

  • Net Taxes: 9285
  • Tax Year: 2024
  • Assessor Parcel Number: 0710-073-0428-2

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 1
  • Number Of Units: 3

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
May 1, 2025
Closed on
Jul 9, 2025
Sold by
Bought by
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Liz Lauer
Lauer Realty Group, Inc.
List Price
$800,000
Sold Price
$800,000
Views
70
Current Estimated Value
$822,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,699
Avg. Annual Appreciation
3.05%
Original Mortgage
$350,000
Outstanding Balance
$345,920
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$476,779

Purchase Details

Closed on
Mar 31, 2022
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$800,000 Knight Barry Title
-- None Listed On Document
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 $350,000
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
07/09/2025 07/09/25 Sold $800,000 0.0% $290 / Sq Ft
05/12/2025 05/12/25 For Sale $800,000 0.0% $290 / Sq Ft
05/01/2025 05/01/25 Off Market $800,000 -- --
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 $10,670 $576,800 $112,600 $464,200
2024 $18,570 $529,200 $112,600 $416,600
2023 $8,952 $494,600 $112,600 $382,000
2022 $18,497 $471,000 $107,200 $363,800
2021 $9,559 $448,600 $107,200 $341,400
2020 $9,254 $415,400 $101,100 $314,300
2019 $8,844 $395,600 $91,900 $303,700
2018 $8,408 $376,800 $88,400 $288,400
2017 $7,911 $342,500 $81,100 $261,400
2016 $7,740 $326,200 $74,400 $251,800
2015 $7,445 $295,900 $66,200 $229,700
2014 $7,091 $295,900 $66,200 $229,700
2013 $6,542 $287,300 $63,700 $223,600
Source: Public Records

Agents Affiliated with this Home

  • Liz Lauer

    Seller's Agent in 2025

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    28 in this area

    412 Total Sales

    Liz Lauer
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1998832

South Central Wisconsin Multiple Listing Service

APN: 0710-073-0428-2

Wisconsin Dane County Madison 53703 Marquette

1238 Spaight St Unit 5, Madison, WI

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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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