NOT LISTED FOR SALE

1338 Morrison St Madison, WI 53703

Marquette Neighborhood

Estimated Value: $534,000 - $777,000

4 Beds
3 Baths
2,445 Sq Ft
$284/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $705,000 $288 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,309/month

10 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Eat-In Kitchen
  • Marquette Elementary Rated A-
  • Balcony
  • 3-minute walk to Morrison Park

About This Home

As of June 2024

Marquette 3 unit boasts an idyllic location across the Street from Lake Monona offering lake views, two public access points to launch your kayaks & an amazing urban 6,468 lot! First floor apartment was owner occupied for 15 yrs & boasts 9ft ceilings, spacious kitchen, formal dining w/plate rail, sunroom w/lake views, hardwood flrs, bdrm w/french doors with ikea organizers + closet & direct access to the bath & opens onto a large deck and amazing backyard! 2nd flr 1 bdrm apts offer hardwood flrs, spacious bdrms, balconies & ceiling fans. Third flr is drywalled w/vaulted ceilings offering potential for storage/renovation, Buyers need to verify City requirements for the spaces potential. Updates include: newer windows, Boiler '22, Roof Membrane '23, 200 amp electric, H20 Heater & Softener. Visit for more info or call Liz Lauer today! 608-444-5725

Last Agent to Sell the Property

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 03/19/2024

Last Buyer's Agent

Troy Thiel

Real Broker LLC License #57981-94

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,887

Year Built

  • Built in 1907

Lot Details

  • 6,534

Home Design

  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • Low Emissivity Windows
  • Dining Room
  • Wood Flooring
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 1 Covered Space
  • On-Street Parking

Schools

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

Utilities

  • Radiant Heating System
  • Water Softener is Owned

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 0710-073-0222-8

Community Details

Overview

  • 3 Units
  • Marquette Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,887

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Items Excluded: All personal property of Seller and/or Tenant, Window Coverings
  • Items Included: 3 Refrigerators, 3 Stoves, 2 Washers, 2 Dryers, Water Softener. Addendum R is in Assoc. Docs
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 2
  • Number Furnaces: 1
  • Number Refrigerators: 3
  • Number Stoves: 3
  • Number Washers: 2
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Waterfront: Waterview-No frontage
  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Inside: 1

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Detached

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: 0.15
  • Zoning: TR-V1
  • Geo Subdivision: WI

Green Features

  • Energy Efficient Green: Low E Windows

Tax Info

  • Land Assessment: 144300
  • Improvements: 346700
  • Total Assessment: 491000
  • Assessment year: 2023
  • Net Taxes: 8887
  • Tax Year: 2023
  • Assessor Parcel Number: 0710-073-0222-8

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Jun 3, 2024
Sold by
Pantagathus Llc
Bought by
Peabody Loren and Peabody Thomas
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Troy Thiel
Real Broker LLC
List Price
$675,000
Sold Price
$705,000
Premium/Discount to List
$30,000
4.44%
Views
94
Current Estimated Value
$693,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,145
Avg. Annual Appreciation
-3.43%
Original Mortgage
$528,750
Outstanding Balance
$525,006
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$150,111

Purchase Details

Closed on
Feb 27, 2019
Sold by
Schulte Paul and Kessler Tathata
Bought by
Pantagathus Llc
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
Peabody Loren $705,000 None Listed On Document
Pantagathus Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peabody Loren $528,750
Previous Owner Schulte Paul $250,250
Previous Owner Schulte Paul $287,800
Previous Owner Schulte Paul $288,750
Previous Owner Schulte Paul $53,300
Previous Owner Schulte Paul $239,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $705,000 +4.4% $288 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $675,000 -- $276 / 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 $18,435 $525,400 $144,300 $381,100
2023 $8,887 $491,000 $144,300 $346,700
2021 $9,488 $445,300 $137,400 $307,900
2020 $9,184 $412,300 $129,600 $282,700
2019 $8,779 $392,700 $117,800 $274,900
2018 $8,345 $374,000 $113,300 $260,700
2017 $8,061 $348,900 $103,900 $245,000
2016 $7,886 $332,300 $95,300 $237,000
2015 $7,585 $301,400 $71,900 $229,500
2014 $7,224 $301,400 $71,900 $229,500
2013 $6,664 $292,600 $71,900 $220,700
Source: Public Records

Agents Affiliated with this Home

  • Liz Lauer

    Seller's Agent in 2024

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    30 in this area

    530 Total Sales

    Liz Lauer
    Section Image
  • Troy Thiel

    Buyer's Agent in 2024

    Troy Thiel

    Real Broker LLC

    (608) 514-6488

    1 in this area

    33 Total Sales

    Troy Thiel
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1973253

South Central Wisconsin Multiple Listing Service

APN: 0710-073-0222-8

Wisconsin Dane County Madison 53703 Marquette

1338 Morrison St, Madison, WI

This home is located at 1338 Morrison St, Madison, WI 53703 since 19 March 2024 and is currently estimated at $693,855, approximately $283 per square foot. This property was built in 1907. 1338 Morrison St 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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