NOT LISTED FOR SALE

1307 E Mifflin St Unit 1 Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $439,000 - $657,000

6 Beds
2 Baths
2,030 Sq Ft
$278/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $311,625 $154 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,542/month

Highlights

  • Open Floorplan
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Balcony
  • Accessible Bedroom
  • Property is near a bus stop

About This Home

As of August 2015

Unit 1 renewal on hold for Owner Occ. Spacious 3 bdrm owner unit w/ LR, DR & K. Screened porch, secure basement hobby room, rear patio, large yard, garden space, room for garage. Renovated exterior in 2013. 3 100 amp services. Shared coin op laundry. Large, dry basement. Hi E furnaces and C/A, both units. Short work to EVP Coffee, Yahara Rvr, Tenney Pk, Lapham school/pool, and coming E. Wash developments, i.e. restaurants, grocery, and more. See attached doc for owner fin analysis. Broker owned.

Last Agent to Sell the Property

Tom Christensen

South Central Non-Member License #29381-90 Listed on: 01/26/2015

Last Buyer's Agent

Tom Christensen

South Central Non-Member License #29381-90 Listed on: 01/26/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,540

Year Built

  • Built in 1901

Lot Details

  • 5,489

Parking

  • Outside Parking

Home Design

  • Duplex

Interior Spaces

  • Open Floorplan
  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • 2 Units
  • Laundry Facilities
  • Net Operating Income $24,112

Listing and Financial Details

  • Assessor Parcel Number 0709-131-0221-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,540

Year Built

Built in 1901

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: Open floor plan, First floor bedroom, First floor full bath, Low pile or no carpeting
  • Miscellaneous: Shared laundry, Close to bus line
  • Noi Year: 2014
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Heaters: 2

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

Fee Information

  • Total Expenses: 8108

Schools

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

Lot Info

  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 33216

Tax Info

  • Land Assessment: 67600
  • Improvements: 164300
  • Total Assessment: 231900
  • Assessment year: 2014
  • Net Taxes: 5540
  • Tax Year: 2014
  • Assessor Parcel Number: 0709-131-0221-9

Multi Family

  • Number Of3 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2015
Sold by
Pedretti Joffre R
Bought by
Pedretti Properties Llc
Current Estimated Value
$563,894

Purchase Details

Listed on
Jan 26, 2015
Closed on
Aug 31, 2015
Sold by
Christensen Thomas R
Bought by
Pedretti Joffre R
Seller's Agent
Tom Christensen
South Central Non-Member
Buyer's Agent
Tom Christensen
South Central Non-Member
List Price
$344,000
Sold Price
$311,625
Premium/Discount to List
-$32,375
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$238,800
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 14, 2012
Sold by
Christensen Gladys C
Bought by
Christensen Gladys C and Gladys C Christensen Revocable Living Tr

Purchase Details

Closed on
Jun 22, 2011
Sold by
Christensen Gladys C
Bought by
Christensen Gladys C and Amended & Restated Christensen Revocable

Purchase Details

Closed on
Jun 7, 2011
Sold by
Christensen Harry J
Bought by
Amended & Restated Christensen Revocable

Purchase Details

Closed on
Jan 4, 2010
Sold by
Christensen Thomas R and Christensen Harry J
Bought by
Christensen Thomas R and Christensen Harry J
Source: Public Records

Range of Values:

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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
Pedretti Properties Llc -- Attorney
Pedretti Joffre R $155,900 Attorney
Pedretti Joffre R $155,900 Attorney
Christensen Gladys C -- None Available
Christensen Gladys C -- None Available
Christensen Thomas R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedretti Joffre R $238,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $311,625 -9.4% $154 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $344,000 -- $169 / 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 $17,316 $493,800 $112,500 $381,300
2023 $8,347 $461,500 $112,500 $349,000
2021 $8,920 $418,900 $104,200 $314,700
2020 $8,636 $387,900 $97,400 $290,500
2019 $8,023 $359,200 $88,500 $270,700
2018 $7,627 $342,100 $85,100 $257,000
2017 $7,176 $311,000 $85,100 $225,900
2016 $7,395 $311,800 $78,800 $233,000
2015 $5,537 $231,900 $67,600 $164,300
2014 $5,540 $231,900 $67,600 $164,300
2013 $5,061 $223,000 $65,000 $158,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1735497

South Central Wisconsin Multiple Listing Service

APN: 0709-131-0221-9