NOT LISTED FOR SALE

1306 E Washington Ave Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $474,000 - $532,000

4 Beds
2 Baths
1,349 Sq Ft
$374/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $425,000 $315 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,872/month

6 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Sun or Florida Room
  • Property is near bus stop
  • Dining Room

About This Home

As of October 2023

Completely renovated 2 unit conveniently located in the heart of the Isthmus near everything the near east side of Madison has to offer! Currently rented through July 2024, this is a great income property! Updates since 2017 include roof, siding, windows, flooring throughout, bathroom/kitchen remodel w/appliances, water heater, some electrical and plumbing! Furnace ’12. Off street parking and basement shared laundry are a bonus for tenants! Visit www.lauerrealtygroup.com for more info or call Tobi Silgman today! 608-279-3591

Last Agent to Sell the Property

Tobi Silgman

Lauer Realty Group, Inc. License #61610-94 Listed on: 09/08/2023

Last Buyer's Agent

Erin Flesch

MHB Real Estate License #96087-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,070

Year Built

  • Built in 1900

Lot Details

  • 2,614

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Basement

  • Partial Basement
  • Shared Basement

Parking

  • 1 Open Parking Space
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating

Additional Features

  • 2,614 Sq Ft Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-131-0207-9

Community Details

Overview

  • 2 Units
  • Tenney/Lapham Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,070

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Items Excluded: Seller and/or Tenant personal property. No Water Softener
  • Items Included: 2 Range/Ovens, 2 Refrigerators, 2 Dishwashers, 2 Microwaves, Washer/Dryer in Basement, 2 Window A/C Units, All Blinds (if any)
  • Miscellaneous: Shared laundry, Close to bus line
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Units W Ac: 2
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl, Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 1

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, Outside
  • Utilities: Separate elec meters

Schools

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

Lot Info

  • Estimated Aces: 0.06
  • Zoning: CC-T
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 8070
  • Tax Year: 2022
  • Assessor Parcel Number: 0709-131-0207-9

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Nov 27, 2023
Sold by
Breve Nelson Hobart and Breve Julia Impasastato
Bought by
1306 E Washington Properties Llc
Seller's Agent
Tobi Silgman
Lauer Realty Group, Inc.
Buyer's Agent
Erin Flesch
MHB Real Estate
List Price
$410,000
Sold Price
$425,000
Premium/Discount to List
$15,000
3.66%
Views
36
Current Estimated Value
$505,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,011
Avg. Annual Appreciation
8.16%
Original Mortgage
$248,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 19, 2023
Sold by
Roe Michael F and Roe Brendan M
Bought by
Breve Nelson Hobart and Breve Julia Impastato
Seller's Agent
Tobi Silgman
Lauer Realty Group, Inc.
Buyer's Agent
Erin Flesch
MHB Real Estate
List Price
$410,000
Sold Price
$425,000
Premium/Discount to List
$15,000
3.66%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 8, 2015
Closed on
Apr 25, 2017
Sold by
Anchor Property Management
Bought by
Roe Michael F and Roe Brendan M
Seller's Agent
Patrick Hilgers
First Weber Inc
Buyer's Agent
Patrick Hilgers
First Weber Inc
List Price
$187,600
Sold Price
$170,000
Premium/Discount to List
-$17,600
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.14%
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
1306 E Washington Properties Llc -- None Listed On Document
Breve Nelson Hobart $425,000 None Listed On Document
Roe Michael F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Breve Nelson Hobart $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2023 10/25/23 Sold $425,000 0.0% $315 / Sq Ft
09/25/2023 09/25/23 Price Changed $425,000 +3.7% $315 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $410,000 -3.5% $304 / Sq Ft
09/08/2023 09/08/23 Off Market $425,000 -- --
04/26/2017 04/26/17 Sold $170,000 -9.4% $114 / Sq Ft View Prior Sale
04/19/2017 04/19/17 Pending -- -- --
12/08/2015 12/08/15 For Sale $187,600 -- $126 / 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 $14,774 $422,000 $85,500 $336,500
2023 $7,391 $409,200 $85,500 $323,700
2022 $16,140 $378,900 $79,200 $299,700
2021 $7,534 $328,100 $79,200 $248,900
2020 $6,822 $303,800 $74,000 $229,800
2019 $6,515 $266,000 $67,300 $198,700
2018 $5,704 $241,000 $64,700 $176,300
2017 $5,026 $218,800 $64,700 $154,100
2016 $5,047 $198,900 $59,900 $139,000
2015 $4,464 $187,600 $51,400 $136,200
2014 $4,467 $187,600 $51,400 $136,200
2013 $4,265 $180,400 $49,400 $131,000
Source: Public Records

Agents Affiliated with this Home

  • Tobi Silgman

    Seller's Agent in 2023

    Tobi Silgman

    Lauer Realty Group, Inc.

    (608) 279-3591

    17 in this area

    246 Total Sales

    Tobi Silgman
    Section Image
  • Erin Flesch

    Buyer's Agent in 2023

    Erin Flesch

    MHB Real Estate

    (608) 709-9288

    2 in this area

    72 Total Sales

    Erin Flesch
    Section Image
  • Patrick Hilgers

    Seller's Agent in 2017

    Patrick Hilgers

    First Weber Inc

    (608) 276-5234

    1 in this area

    60 Total Sales

    Patrick Hilgers
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1963593

South Central Wisconsin Multiple Listing Service

APN: 0709-131-0207-9

Wisconsin Dane County Madison 53703 Tenney-Lapham

1306 E Washington Ave, Madison, WI

Not Listed for Sale

MultiFamily

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