NOT LISTED FOR SALE

1245 Spaight St Unit 1 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $452,406 - $522,000

3 Beds
2 Baths
1,301 Sq Ft
$377/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $265,000 $204 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,724/month

66 Days on Market

Highlights

  • Main Floor Bedroom
  • Balcony
  • Accessible Bedroom
  • Marquette Elementary Rated A-
  • Eat-In Kitchen
  • 4-minute walk to Orton Park

About This Home

As of July 2015

Marquette neighborhood two flat boasts premium location w/updated flats that offer a great opportunity to owner occupy in one of the most coveted neighborhoods in Madison! Updates include windows, doors, furnace, driveway, laminate wood floors, carpet, sinks, faucets, counter tops & more! Both flats have off street parking, nice decks & a big yard for gardening. 1st flr 2 bdrm ready for owner occupant. Live in the heart of the city, close to parks, lake restaurants & Willy St Coop! Visit www.lizlauer.com for more info or call Liz today for your private tour! 608-444-5725

Last Agent to Sell the Property

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 05/01/2015

Last Buyer's Agent

Kelda Roys

OpenHomes Inc. License #55491-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,866

Year Built

  • Built in 1890

Lot Details

  • 4,356

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Basement Fills Entire Space Under The House
  • Balcony
  • 4,356 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 2 Units
  • Marquette Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-073-0502-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,866

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Barrier Free: First floor bedroom, First floor full bath
  • Miscellaneous: Close to bus line
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces
  • Utilities: Separate elec meters

Schools

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

Lot Info

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

Rental Info

  • Total Income: 24420

Tax Info

  • Net Taxes: 5866
  • Tax Year: 2014
  • Assessor Parcel Number: 0710-073-0502-4

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2017
Sold by
Reynolds Christopher W and Reynolds Martha S
Bought by
Reynolds Emily A and Cresswell Paul D
Current Estimated Value
$495,104

Purchase Details

Listed on
May 1, 2015
Closed on
Jul 31, 2015
Sold by
Maybee Julie R and Behrens Susan A
Bought by
Reynolds Christopher W and Reynolds Martha
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Kelda Roys
OpenHomes Inc.
List Price
$279,900
Sold Price
$265,000
Premium/Discount to List
-$14,900
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$212,000
Outstanding Balance
$162,184
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$327,668

Purchase Details

Closed on
Feb 28, 2005
Sold by
Olson Robert J and Olson Beth E
Bought by
Maybee Julie R and Behrens Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.71%
Mortgage Type
New Conventional
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
Reynolds Emily A -- None Available
Reynolds Christopher W $265,000 Attorney
Maybee Julie R $224,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Christopher W $212,000
Previous Owner Maybee Julie R $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2015 07/31/15 Sold $265,000 -5.3% $204 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $279,900 -- $215 / 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 $13,659 $405,700 $139,000 $266,700
2023 $6,843 $379,200 $139,000 $240,200
2021 $6,957 $327,600 $128,700 $198,900
2020 $7,481 $336,500 $121,400 $215,100
2019 $6,950 $311,600 $110,400 $201,200
2018 $6,606 $296,800 $110,400 $186,400
2017 $6,103 $265,000 $101,300 $163,700
2016 $6,273 $265,000 $92,900 $172,100
2015 $5,675 $237,600 $80,400 $157,200
2014 $5,679 $237,600 $80,400 $157,200
2013 $5,224 $220,900 $80,400 $140,500
Source: Public Records

Agents Affiliated with this Home

  • Liz Lauer

    Seller's Agent in 2015

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    27 in this area

    448 Total Sales

    Liz Lauer
    Section Image

  • K

    Buyer's Agent in 2015

    Kelda Roys

    OpenHomes Inc.

    (608) 213-4502

    2 in this area

    28 Total Sales

    Kelda Roys
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1745102

South Central Wisconsin Multiple Listing Service

APN: 0710-073-0502-4

Wisconsin Dane County Madison 53703 Marquette

1245 Spaight St Unit 1, Madison, WI

Not Listed for Sale

MultiFamily

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