NOT LISTED FOR SALE

1320 Rutledge St Unit 1 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $761,000 - $822,000

5 Beds
4 Baths
2,966 Sq Ft
$269/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $409,000 $138 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,309/month

102 Days on Market

Highlights

  • Balcony
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Marquette Elementary Rated A-
  • Property is near a bus stop
  • 4-minute walk to Orton Park

About This Home

As of March 2016

Orton Park/Rutledge St - Prime Location ! This updated 2 flat is perfect for immediate owner occupancy. The 3 BR 3 bath owner's unit (upper) includes a spacious master suite. User friendly improvements include newer roof, vinyl siding, updated baths, + a 2 car garage. The ground floor 2 BR, 1 bath unit is rented through 8/15/16 at $1,250 per mo. A nice opportunity to live comfortably in this coveted neighborhood w/income from the rental unit to reduce your cost of ownership. Property is priced to sell AS-IS

Last Agent to Sell the Property

Josh Blasi

Restaino & Associates License #57864-94 Listed on: 10/06/2015

Restaino & Associates

Last Buyer's Agent

Michael Brusca

Exclusive Real Estate Group, Inc. License #53519-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,509

Year Built

  • Built in 1902

Lot Details

  • 4,356

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Schools

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

Utilities

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

Additional Features

  • Balcony
  • 4,356 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-073-0322-6

Community Details

Overview

  • 2 Units
  • Marquette Subdivision

Building Details

  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,509

Year Built

Built in 1902

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: Close to bus line, Water Softener Owned
  • Noi Year: 2014
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • 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: Vinyl

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

Fee Information

  • Total Expenses: 10709

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: RES
  • Geo Subdivision: WI

Rental Info

  • Total Income: 1250

Tax Info

  • Land Assessment: 87600
  • Improvements: 308100
  • Total Assessment: 395700
  • Assessment year: 2015
  • Net Taxes: 9509
  • Tax Year: 2014
  • Assessor Parcel Number: 0710-073-0322-6

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
Oct 6, 2015
Closed on
Feb 21, 2016
Sold by
Khj Schick Llc
Bought by
Schultz Tyler M
Seller's Agent
Josh Blasi
Restaino & Associates
Buyer's Agent
Michael Brusca
Exclusive Real Estate Group, Inc.
List Price
$439,000
Sold Price
$409,000
Premium/Discount to List
-$30,000
-6.83%
Total Days on Market
102
Current Estimated Value
$797,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,923
Avg. Annual Appreciation
7.28%
Original Mortgage
$306,750
Outstanding Balance
$247,324
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$537,058

Purchase Details

Closed on
Feb 11, 2010
Sold by
Khj Schick Llc
Bought by
Schick Karl G and Schick Juliette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2010
Sold by
Schick Karl G and Schick Juliette J
Bought by
Khj Schick Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2006
Sold by
Schick Juliette and Schick Karl G
Bought by
Khj Schick Llc

Purchase Details

Closed on
Aug 28, 2006
Sold by
Dnpg-Marquette Llc
Bought by
Schick Karl G and Schick Juliette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,320
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
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
Schultz Tyler M $409,000 Attorney
Schick Karl G -- None Available
Khj Schick Llc -- None Available
Khj Schick Llc -- None Available
Schick Karl G $412,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Tyler M $45,000
Open Schultz Tyler M $306,750
Previous Owner Khj Schick Llc $292,000
Previous Owner Schick Karl G $330,320
Previous Owner Dnpg/Marquette Llc $350,000
Previous Owner Dnpg Marauette Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $409,000 -6.8% $138 / Sq Ft
01/16/2016 01/16/16 Pending -- -- --
10/06/2015 10/06/15 For Sale $439,000 -- $148 / 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 $22,160 $630,600 $128,700 $501,900
2023 $11,212 $618,200 $128,700 $489,500
2021 $11,633 $545,100 $128,700 $416,400
2020 $11,260 $504,700 $121,400 $383,300
2019 $10,545 $467,300 $110,400 $356,900
2018 $10,670 $445,000 $110,400 $334,600
2017 $9,463 $409,000 $101,300 $307,700
2016 $9,751 $395,700 $92,900 $302,800
2015 $9,503 $395,700 $80,400 $315,300
2014 $9,509 $395,700 $80,400 $315,300
2013 $8,689 $380,500 $80,400 $300,100
Source: Public Records

Agents Affiliated with this Home

  • Josh Blasi

    Seller's Agent in 2016

    Josh Blasi

    Restaino & Associates

    (608) 695-0273

    201 Total Sales

    Josh Blasi
    Section Image
  • Michael Brusca

    Buyer's Agent in 2016

    Michael Brusca

    Exclusive Real Estate Group, Inc.

    (608) 698-4445

    3 Total Sales

    Michael Brusca
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1759516

South Central Wisconsin Multiple Listing Service

APN: 0710-073-0322-6

Wisconsin Dane County Madison 53703 Marquette

1320 Rutledge St Unit 1, Madison, WI

This home is located at 1320 Rutledge St Unit 1, Madison, WI 53703 since 06 October 2015 and is currently estimated at $797,923, approximately $269 per square foot. This property was built in 1902. 1320 Rutledge St Unit 1 is a home located in Dane County with nearby schools including Marquette Elementary, O'Keeffe Middle, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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