NOT LISTED FOR SALE

1315 Jenifer St Unit 1 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $711,000 - $828,000

5 Beds
2 Baths
3,632 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $404,150 $111 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,831/month

10 Days on Market

Highlights

  • Den
  • Eat-In Kitchen
  • Water Softener is Owned
  • Marquette Elementary Rated A-
  • Forced Air Heating and Cooling System
  • Dining Room

About This Home

As of August 2016

Rare opportunity to get instant equity in the coveted Atwood Area!!! This property has been beautifully revitalized with period antique light fixtures and restored original wood work. Both units have private entrances. Lower unit boasts modern stainless steel appliances. Upper unit is two stories with vaulted ceilings. Priced 35k below March 2016 appraisal and 137k below assessed value. Rents are below market do to long term residents. Taxes could be easily lowered in 2017 with this purchase price. Listing agent is related to seller. Minimum 24hr notice for all showings.

Last Agent to Sell the Property

Christopher Mattioli

Century 21 Affiliated License #79533-94 Listed on: 07/26/2016

Century 21 Affiliated

Last Buyer's Agent

Michelle Marking

RE/MAX Preferred License #59757-94

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • Family Room
  • Dining Room
  • Den
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Community Details

  • 2 Units
  • Original Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-072-2313-5

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

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
  • Miscellaneous: Water Softener Owned
  • Noi Year: 2016
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Block foundation
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached
  • Utilities: Separate elec meters, Separate gas meters

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

  • Estimated Aces: 0.1
  • Zoning: G1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 35100

Tax Info

  • Land Assessment: 74800
  • Improvements: 476300
  • Total Assessment: 551100
  • Assessment year: 2015
  • Net Taxes: 13266
  • Tax Year: 2015
  • Assessor Parcel Number: 0710-072-2313-5

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2016
Closed on
Aug 31, 2016
Sold by
Midmoor Investments Llc
Bought by
Jackson Lambert 1315 Jenifer Llc
Seller's Agent
Christopher Mattioli
Century 21 Affiliated
Buyer's Agent
Michelle Marking
RE/MAX Preferred
List Price
$415,000
Sold Price
$404,150
Premium/Discount to List
-$10,850
-2.61%
Current Estimated Value
$746,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,049
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Jan 5, 2006
Sold by
Apex Jenifer Llc
Bought by
Midnoor Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,750
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving
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
Jackson Lambert 1315 Jenifer Llc $404,200 Attorney
Midnoor Investments Llc $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Midnoor Investments Llc $488,750
Previous Owner Midmoor Investments Llc $62,561
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $404,150 -2.6% $111 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $415,000 -- $114 / 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 $22,988 $654,000 $118,600 $535,400
2023 $11,084 $611,200 $118,600 $492,600
2021 $11,833 $554,400 $109,800 $444,600
2020 $11,454 $513,300 $103,600 $409,700
2019 $10,642 $475,300 $94,200 $381,100
2018 $10,117 $452,700 $94,200 $358,500
2017 $9,351 $404,200 $86,400 $317,800
2016 $13,131 $551,100 $79,300 $471,800
2015 $7,522 $551,100 $70,600 $480,500
2014 $13,273 $551,100 $70,600 $480,500
2013 $12,538 $529,900 $67,900 $462,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1783144

South Central Wisconsin Multiple Listing Service

APN: 0710-072-2313-5