NOT LISTED FOR SALE

1243 E Mifflin St Unit 1 Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $526,000 - $806,366

4 Beds
2 Baths
1,950 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 07, 2012

Last sale price $205,000 $105 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $3,812/month

10 Days on Market

Highlights

  • Balcony
  • Property is near bus stop
  • Family Room
  • Eat-In Kitchen
  • Forced Air Heating System
  • Wood Siding

About This Home

As of November 2012

Well maintained 2 flat zoned R5 located near campus with 2 bedrooms and one full bath in each unit. Fully leased through the fall 2012-2013 rental season. Wood floors, spacious layout, private deck and onsite parking available. Seperate utility meters, LL pays for water & sewer.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 10/01/2012

Last Buyer's Agent

Rick Mcky

Stark Company, REALTORS License #31716-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,651

Year Built

  • Built in 1926

Lot Details

  • 3,267

Parking

  • Outside Parking

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Balcony
  • Property is near bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-131-0718-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,651

Year Built

Built in 1926

Lot Details

3,267 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Miscellaneous: Close to bus line
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Exterior: Wood

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Zoning: R5
  • Lot Size: 3267
  • Geo Subdivision: WI

Rental Info

  • Total Income: 23100

Tax Info

  • Net Taxes: 4651
  • Tax Year: 2011
  • Assessor Parcel Number: 0709-131-0718-6

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2012
Closed on
Nov 7, 2012
Sold by
Wirth Holdings Llc
Bought by
Deminter Michael B
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Rick Mcky
Stark Company, REALTORS
List Price
$229,385
Sold Price
$205,000
Premium/Discount to List
-$24,385
-10.63%
Current Estimated Value
$601,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,092
Avg. Annual Appreciation
8.37%
Original Mortgage
$164,000
Interest Rate
3.37%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deminter Michael B $205,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Deminter Michael B $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2012 11/07/12 Sold $205,000 -10.6% $105 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $229,385 -- $118 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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
2025 $7,808 $423,400 $94,000 $329,400
2024 $13,585 $388,400 $94,000 $294,400
2023 $6,547 $363,000 $94,000 $269,000
2022 $13,150 $336,100 $87,000 $249,100
2021 $6,482 $305,500 $87,000 $218,500
2020 $6,142 $276,900 $81,300 $195,600
2019 $5,705 $256,400 $73,900 $182,500
2018 $5,422 $244,200 $71,100 $173,100
2017 $5,100 $222,000 $71,100 $150,900
2016 $4,810 $204,000 $65,800 $138,200
2015 $4,885 $205,000 $56,400 $148,600
2014 $4,889 $205,000 $56,400 $148,600
2013 $4,651 $205,000 $54,200 $150,800
Source: Public Records

Agents Affiliated with this Home

  • James Stopple

    Seller's Agent in 2012

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    5 in this area

    85 Total Sales

    James Stopple
    Section Image

  • R

    Buyer's Agent in 2012

    Rick Mcky

    Stark Company, REALTORS

    (608) 829-1809

    1 Total Sale

    Rick Mcky
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1667305

South Central Wisconsin Multiple Listing Service

APN: 0709-131-0718-6

Wisconsin Dane County Madison 53703 Tenney-Lapham

1243 E Mifflin St Unit 1, Madison, WI

Not Listed for Sale

MultiFamily

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