NOT LISTED FOR SALE

1334 Morrison St Unit 1 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $601,080 - $880,000

4 Beds
2 Baths
2,160 Sq Ft
$331/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $454,500 $210 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,449/month

25 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Fireplace
  • Marquette Elementary Rated A-
  • Balcony
  • Attached Garage

About This Home

As of June 2017

In the heart of Marquette Neighborhood and across from Lake Monona is this choice well cared for, south facing two unit home. Which can easily be converted into a single family 4-5 bedroom home. The first floor features an attached garage, large open livin/dining with wood burning fireplace, updated kitchen and bath with a stained glass window, two bedrooms, beautiful oak floors and a lovely sun room with lake views. A spacious deck overlooks a large fenced yard with many perennial flowers. The upstairs apartment features, a living room with lake view, dining room, kitchen, bedroom and bath.

Last Agent to Sell the Property

Leigh Mollenhoff

South Central Non-Member License #18328-90 Listed on: 04/10/2017

Co-Listed By

Kathy Canary

First Weber Inc License #46489-90

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,719

Year Built

  • Built in 1950

Lot Details

  • 6,534

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Fireplace
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Walk-in Shower

Parking

  • Attached Garage
  • On-Street Parking
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Handicap Shower
  • Grab Bar In Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility

Schools

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

Utilities

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

Additional Features

  • Balcony
  • 6,534 Sq Ft Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-073-0221-0

Community Details

Overview

  • 2 Units
  • Marquette Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,719

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 2 story, SingleFam zoned MultiFam
  • Barrier Free: Open floor plan, Ramped or level entrance, First floor bedroom, First floor full bath, Stall shower, Grab bars in bath
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel, Wood, Brick

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.15
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 12000

Tax Info

  • Net Taxes: 7719
  • Tax Year: 2016
  • Assessor Parcel Number: 0710-073-0221-0

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jun 12, 2017
Sold by
Hiestand Trevor G
Bought by
Jacobs Cooperage Llc
Seller's Agent
Leigh Mollenhoff
South Central Non-Member
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$449,000
Sold Price
$454,500
Premium/Discount to List
$5,500
1.22%
Current Estimated Value
$714,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,770
Avg. Annual Appreciation
5.42%
Original Mortgage
$330,285
Outstanding Balance
$274,728
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$439,542
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jacobs Cooperage Llc $454,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Cooperage Llc $330,285
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2017 06/15/17 Sold $454,500 +1.2% $210 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $449,000 -- $208 / 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
2023 $8,202 $471,500 $169,400 $302,100
2022 $16,577 $436,600 $169,400 $267,200
2021 $8,550 $415,800 $169,400 $246,400
2020 $9,321 $427,000 $159,800 $267,200
2019 $9,334 $427,000 $145,300 $281,700
2018 $9,958 $454,000 $145,300 $308,700
2017 $8,293 $364,800 $133,300 $231,500
2016 $7,719 $331,600 $122,300 $209,300
2015 $3,849 $331,600 $105,900 $225,700
2014 $7,824 $331,600 $105,900 $225,700
2013 $7,168 $318,800 $105,900 $212,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1799759

South Central Wisconsin Multiple Listing Service

APN: 0710-073-0221-0