NOT LISTED FOR SALE

124 W Gilman St Unit 1 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $695,000 - $832,000

7 Beds
2 Baths
2,294 Sq Ft
$332/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $675,000 $294 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,794/month

Highlights

  • Second Kitchen
  • Open Floorplan
  • Deck
  • Hamilton Middle School Rated A
  • Colonial Architecture
  • 3-minute walk to Lisa Link Peace Park

About This Home

As of September 2022

Classic 7 Bedroom 2 bath home - Great Location - always rented. Parking leases are year long. Could be two flat but leased for one group. 7 Parking Spaces leased out yearly at $185/mo Great Income and Investment! 3 bedrooms and 1 bath on main level, 4 bedrooms and 1 bath upper level - Laundry stacked on main level. Kitchen cabinets, granite counters, dishwasher and stove/oven are newer. Second story has kitchen type limited common area. Central Air on 2nd Floor only. Historic District.

Last Agent to Sell the Property

Patrick McCarthy

Restaino & Associates License #59024-90 Listed on: 07/09/2022

Restaino & Associates

Last Buyer's Agent

Christopher Feneis

Keller Williams Lake Country License #58962-90

Keller Williams Lake Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,809

Year Built

  • Built in 1885

Lot Details

  • 5,663 Sq Ft Lot
  • Property is zoned DR1HISMH

Parking

  • Paved Parking

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Great Room
  • Partial Basement

Kitchen

  • Second Kitchen
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Additional Features

  • Deck
  • Forced Air Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,809

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Architecture: Colonial
  • Barrier Free: Open floor plan
  • Items Excluded: Sellers and Tenants Personal Property
  • Items Included: dishwasher, stove/oven, two refrigerators
  • Year Built: 1885
  • Above Grade Price Per Sq Ft: 632.38
  • Above Grade Sold Price Per Sq Ft: 569.14
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 1186
  • Finished Non Exp Sq Ft: 1108
  • Finished Sq Ft: 2294
  • Bedrooms: 7
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 15x9, On Level: M
  • Bedroom 2: Dimensions: 11x11, On Level: M
  • Bedroom 3: Dimensions: 13x11, On Level: M
  • Bedroom 4: Dimensions: 14x12, On Level: U
  • Bedroom 5: Dimensions: 10x12, On Level: U
  • Kitchen: Dimensions: 10x14, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Microwave
  • Living Room: Dimensions: 12x20, On Level: M
  • Family Room: Dimensions: 12x20, On Level: M
  • Other Rooms: Bedroom, Second Kitchen
  • Other Room 1: Bedroom, Dimensions: 13x14, On Level: U
  • Other Room 2: Bedroom, Dimensions: 9x9, On Level: U
  • Other Room 3: Second Kitchen, Dimensions: 11x12, On Level: U
  • Laundry: On Level: M
  • Basement: Partial
  • Interior Amenities: Great room, Washer, Dryer, At Least 1 tub
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck

Garage/Parking

  • Driveway: Paved

Utilities

  • Fuel: Natural gas, Electric
  • Heating Cooling: Forced air
  • Water Waste: Municipal water, Municipal sewer

Schools

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Assessor Parcel Number: 0709-144-1114-8
  • Estimated Aces: 0.13
  • Zoning: DR1HISMH
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 169500
  • Improvements: 273700
  • Total Assessment: 443200
  • Assessment year: 2021
  • Net Taxes: 9809
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2022
Closed on
Sep 27, 2022
Sold by
Gilman Realty Trust
Bought by
Rm Of Madison Llc
Seller's Agent
Patrick McCarthy
Restaino & Associates
Buyer's Agent
Christopher Feneis
Keller Williams Lake Country
List Price
$850,000
Sold Price
$675,000
Premium/Discount to List
-$175,000
-20.59%
Current Estimated Value
$762,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,570
Avg. Annual Appreciation
4.08%
Original Mortgage
$506,250
Outstanding Balance
$483,883
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$278,687

Purchase Details

Closed on
Aug 11, 2009
Sold by
Barry David S and Barry Jane M
Bought by
Barry David S and Barry Jane M
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 Buyer Sale Price Title Company
Rm Of Madison Llc $675,000 --
Barry David S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rm Of Madison Llc $506,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $675,000 -10.0% $294 / Sq Ft
08/09/2022 08/09/22 Price Changed $750,000 -6.1% $327 / Sq Ft
07/14/2022 07/14/22 Price Changed $799,000 -6.0% $348 / Sq Ft
07/09/2022 07/09/22 For Sale $850,000 -- $371 / Sq Ft
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 $23,732 $675,000 $169,500 $505,500
2023 $12,250 $675,000 $169,500 $505,500
2021 $9,809 $443,200 $169,500 $273,700
2020 $8,955 $385,400 $164,600 $220,800
2019 $8,582 $367,000 $196,700 $170,300
2018 $8,578 $367,000 $196,700 $170,300
2017 $8,881 $367,000 $196,700 $170,300
2016 $8,705 $349,500 $178,800 $170,700
2015 $7,983 $317,000 $178,800 $138,200
2014 $7,602 $317,000 $178,800 $138,200
2013 $7,014 $307,800 $168,700 $139,100
Source: Public Records

Agents Affiliated with this Home

  • Patrick McCarthy

    Seller's Agent in 2022

    Patrick McCarthy

    Restaino & Associates

    (608) 345-0467

    3 in this area

    11 Total Sales

    Patrick McCarthy
    Section Image
  • Christopher Feneis

    Buyer's Agent in 2022

    Christopher Feneis

    Keller Williams Lake Country

    (608) 313-4240

    2 in this area

    85 Total Sales

    Christopher Feneis
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1939222

South Central Wisconsin Multiple Listing Service

APN: 0709-144-1114-8

Wisconsin Dane County Madison 53703 Downtown Madison

124 W Gilman St Unit 1, Madison, WI

This home is located at 124 W Gilman St Unit 1, Madison, WI 53703 since 09 July 2022 and is currently estimated at $762,570, approximately $332 per square foot. This property was built in 1885. 124 W Gilman St Unit 1 is a home located in Dane County with nearby schools including Franklin Elementary School, Hamilton Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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