NOT LISTED FOR SALE

1337 E Johnson St Unit 1 Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $479,000 - $567,000

3 Beds
2 Baths
1,592 Sq Ft
$334/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $301,500 $189 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,348/month

About This Home

As of October 2017

Great location across from Tenney Park. Rare 2 car garage with Huge Deck above. Keep as a 2-unit or convert to Single Family. Adjacent properties are both single family. Large fenced back yard. Upper unit on MTM lease if owner occupy interested. Units are both occupied and require 24 notice. Licensee interest.

Last Agent to Sell the Property

Leslie Riemen

Lakestone Properties License #57224-90 Listed on: 08/04/2017

Last Buyer's Agent

Dan Bowden

Restaino & Associates License #47037-90

Restaino & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,181

Year Built

  • Built in 1914

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Covered Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-124-0304-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,181

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Noi Year: 15100
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached
  • Utilities: Separate elec 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: 0.2
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 22800

Tax Info

  • Land Assessment: 80500
  • Improvements: 161000
  • Total Assessment: 241500
  • Assessment year: 2017
  • Net Taxes: 5181
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-124-0304-8

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2017
Closed on
Oct 2, 2017
Sold by
1337 E Johnson Llc
Bought by
Borowski Wil
Seller's Agent
Leslie Riemen
Lakestone Properties
Buyer's Agent
Dan Bowden
Restaino & Associates
List Price
$309,900
Sold Price
$301,500
Premium/Discount to List
-$8,400
-2.71%
Current Estimated Value
$531,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,791
Avg. Annual Appreciation
6.05%
Original Mortgage
$233,400
Outstanding Balance
$197,480
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$284,573

Purchase Details

Closed on
Oct 6, 2011
Sold by
Spanos Brian and Riemen Brett
Bought by
1337 E Johnson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.22%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 15, 2011
Sold by
Henson Mark
Bought by
Riemen Brett and Spanos Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.22%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 31, 2006
Sold by
Andrew Thomas C
Bought by
Henson Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
7.55%
Mortgage Type
Unknown
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
Borowski Wil $301,500 --
1337 E Johnson Llc -- Dane County Title Company
Riemen Brett $79,300 None Available
Henson Mark $243,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borowski Wil $233,400
Previous Owner 1337 E Johnson Llc $80,000
Previous Owner Henson Mark $194,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2017 10/02/17 Sold $301,500 -2.7% $189 / Sq Ft
08/04/2017 08/04/17 For Sale $309,900 -- $195 / 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 $17,939 $448,000 $106,400 $341,600
2023 $7,941 $418,700 $106,400 $312,300
2021 $7,979 $369,300 $98,500 $270,800
2020 $7,603 $341,900 $92,100 $249,800
2019 $7,062 $316,600 $83,700 $232,900
2018 $6,712 $301,500 $80,500 $221,000
2017 $5,555 $241,500 $80,500 $161,000
2016 $5,182 $219,500 $74,500 $145,000
2015 $4,936 $207,100 $63,900 $143,200
2014 $4,940 $207,100 $63,900 $143,200
2013 $4,180 $189,100 $61,400 $127,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1811042

South Central Wisconsin Multiple Listing Service

APN: 0709-124-0304-8