NOT LISTED FOR SALE

1338 Jenifer St Madison, WI 53703

Marquette Neighborhood

Estimated Value: $471,000 - $550,508

3 Beds
2 Baths
1,563 Sq Ft
$334/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $360,000 $230 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,207/month

32 Days on Market

Highlights

  • Den
  • Eat-In Kitchen
  • Water Softener is Owned
  • Marquette Elementary Rated A-
  • Property is near bus stop
  • Forced Air Heating System

About This Home

As of July 2021

OWNER OCCUPY IS NOW POSSIBLE!! Back on the market. Centrally located, onsite parking, onsite laundry & easy to rent. Numerous updates. Fully remodeled UL bath. Partially remodeled LL bath. Rebuilt rear stairwell and steps to basement. Newer carpet upstairs. Updated electrical panel and wiring. Entire interior painted. Tons of off-street parking, storage shed and concrete platform to add a garage. Currently under-rented = potential for increasing income at lease renewal. Very solid rental & income history with leases set for the coming year+. Potential for immediate owner occupy or in 2022 depending on need. Currently free washer/dryer for tenants and tenants perform snow removal. Roof and mechanicals are approximately 10 years old. Driveway to be replaced in Oct. OPPORTUNITY KNOCKS!!

Last Agent to Sell the Property

Alan Feder

Realty Executives Cooper Spransy License #79250-94 Listed on: 05/21/2021

Realty Executives Cooper Spransy

Last Buyer's Agent

Michael Leeson

Realty Executives Cooper Spransy License #91895-94

Realty Executives Cooper Spransy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,836

Year Built

  • Built in 1899

Lot Details

  • 4,356

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Dining Room
  • Den
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Water Softener is Owned
  • High Speed Internet
  • Internet Available

Additional Features

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

Community Details

  • 2 Units
  • Laundry Facilities
  • Net Operating Income $27,468

Listing and Financial Details

  • Assessor Parcel Number 0710-072-2430-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,836

Year Built

Built in 1899

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
  • Items Excluded: Tenants and sellers personal items.
  • Items Included: (2) Refrigerators, (2) Range/Ovens, Washer, Dryer, Water Softener, Shed
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Internet - Cable, Internet - DSL
  • Year Built: 1899
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 1
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, 2 spaces, Outside

Fee Information

  • Total Expenses: 3432

Schools

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

Lot Info

  • Estimated Aces: 0.1
  • Zoning: HIS-TL
  • Geo Subdivision: WI

Rental Info

  • Total Income: 30900

Tax Info

  • Net Taxes: 6836
  • Tax Year: 2020
  • Assessor Parcel Number: 0710-072-2430-7

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 19, 2021
Sold by
Vitse David B and Vitse Elizabeth
Bought by
Crade Jacob S
Seller's Agent
Alan Feder
Realty Executives Cooper Spransy
Buyer's Agent
Michael Leeson
Realty Executives Cooper Spransy
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Current Estimated Value
$519,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,033
Avg. Annual Appreciation
8.60%

Purchase Details

Listed on
Oct 6, 2017
Closed on
Nov 20, 2017
Sold by
Eberhart Ramona M
Bought by
Vitse David B and Vitse Elizabeth
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Alan Feder
Realty Executives Cooper Spransy
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$213,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2005
Sold by
Eberhart Ramona M
Bought by
Eberhart Ramona M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Crade Jacob S $360,000 None Available
Vitse David B $285,000 --
Eberhart Ramona M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vitse David B $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2021 07/23/21 Sold $360,000 -9.8% $230 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $399,000 +10.8% $255 / Sq Ft
05/21/2021 05/21/21 Off Market $360,000 -- --
11/21/2017 11/21/17 Sold $285,000 -5.0% $168 / Sq Ft View Prior Sale
10/16/2017 10/16/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $300,000 -- $177 / 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 $6,945 $384,800 $119,900 $264,900
2022 $13,951 $356,300 $111,000 $245,300
2021 $7,060 $332,400 $111,000 $221,400
2020 $6,836 $307,800 $104,700 $203,100
2019 $6,350 $285,000 $95,200 $189,800
2018 $6,341 $285,000 $95,200 $189,800
2017 $5,184 $225,600 $87,300 $138,300
2016 $4,837 $205,100 $80,100 $125,000
2015 $4,888 $205,100 $71,300 $133,800
2014 $4,891 $205,100 $71,300 $133,800
2013 $4,467 $197,200 $68,600 $128,600
Source: Public Records

Agents Affiliated with this Home

  • Alan Feder

    Seller's Agent in 2021

    Alan Feder

    Realty Executives

    (608) 338-1826

    1 in this area

    80 Total Sales

    Alan Feder
    Section Image
  • Michael Leeson

    Buyer's Agent in 2021

    Michael Leeson

    Realty Executives

    (608) 843-3203

    2 in this area

    196 Total Sales

    Michael Leeson
    Section Image
  • Liz Lauer

    Seller's Agent in 2017

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    27 in this area

    446 Total Sales

    Liz Lauer
    Section Image
  • Rachel Whaley

    Seller Co-Listing Agent in 2017

    Rachel Whaley

    Lauer Realty Group, Inc.

    (608) 345-2313

    2 in this area

    62 Total Sales

    Rachel Whaley
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1909889

South Central Wisconsin Multiple Listing Service

APN: 0710-072-2430-7

Wisconsin Dane County Madison 53703 Marquette

1338 Jenifer St, Madison, WI

Not Listed for Sale

MultiFamily

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