NOT LISTED FOR SALE

1338 Rutledge St Unit 1 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $724,000 - $886,579

5 Beds
3 Baths
3,240 Sq Ft
$256/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2017

Last sale price $525,000 $162 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,541 / mo

6 Days on Market

Highlights

  • Balcony
  • Property is near bus stop
  • Forced Air Heating System
  • Marquette Elementary Rated A-
  • Water Softener is Owned
  • 4-minute walk to Morrison Park

About This Home

As of July 2017

Great investment opportunity on a pretty tree lined street in one of Madison's most coveted neighborhoods! Solid building w/vinyl siding, newer roof, furnace, H20 heaters '14 & '08, poured concrete foundation, 4 updated split electrical panels & 3 car garage! Inside units have gleaming hardwood flrs, baths w/mud set tile flrs, tile surrounds & 50's kitchens. Fantastic floor plans; 2 bdrm flats boast sun rooms, formal dining all open to living w/hallway separating bedrooms between the bath w/back decks. 1 bdrm unit offers living, formal dining, good storage & large bdrm! For more information visit www.lauerrealtygroup.com or call Liz Lauer 608-444-5725

Last Agent to Sell the Property

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 05/22/2017

Last Buyer's Agent

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 05/22/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,779

Year Built

  • Built in 1923

Lot Details

  • 4,356

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Dining Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

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

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-073-0327-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,779

Year Built

Built in 1923

Lot Details

4,356 Sq Ft Lot

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: Seller/Tenants personal property
  • Items Included: 3 Refrigerators, 3 Stoves, Water Softener, Coin-Op Washer/Dryer, Blinds
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 1
  • Number Washers: 1
  • 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: 1 stall garage
  • 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: 0.1
  • Zoning: His-TL
  • Geo Subdivision: WI

Rental Info

  • Total Income: 34140

Tax Info

  • Net Taxes: 9779
  • Tax Year: 2016
  • Assessor Parcel Number: 0710-073-0327-6

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Jun 20, 2017
Sold by
Youngquist Joseph B and Balsamo Lilien Joanna
Bought by
Knox Kyle J and Greenholtz Naha
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Liz Lauer
Lauer Realty Group, Inc.
List Price
$475,000
Sold Price
$525,000
Premium/Discount to List
$50,000
10.53%
Current Estimated Value
$830,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,645
Avg. Annual Appreciation
5.35%
Original Mortgage
$270,000
Outstanding Balance
$221,159
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$609,486

Purchase Details

Closed on
Mar 19, 2012
Sold by
Youngquist Joseph B
Bought by
Youngquist Joseph B and Balsamo Lilien Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,725
Interest Rate
3.91%
Mortgage Type
Commercial
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
Knox Kyle J $525,000 None Available
Youngquist Joseph B -- Dane County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knox Kyle J $270,000
Previous Owner Youngquist Joseph B $112,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2017 07/11/17 Sold $525,000 +10.5% $162 / Sq Ft
05/28/2017 05/28/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $475,000 -- $147 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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
2025 $13,998 $769,900 $127,700 $642,200
2023 $11,649 $660,100 $127,700 $532,400
2022 $24,190 $628,700 $121,600 $507,100
2021 $12,484 $598,800 $121,600 $477,200
2020 $12,183 $554,400 $114,700 $439,700
2019 $11,612 $528,000 $104,300 $423,700
2018 $11,745 $525,000 $100,300 $424,700
2017 $10,105 $430,100 $92,000 $338,100
2016 $9,779 $409,600 $84,400 $325,200
2015 $9,368 $371,500 $63,700 $307,800
2014 $8,922 $371,500 $63,700 $307,800
2013 $8,250 $360,700 $63,700 $297,000
Source: Public Records

Agents Affiliated with this Home

  • Liz Lauer

    Seller's Agent in 2017

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    27 in this area

    420 Total Sales

    Liz Lauer
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1804137

South Central Wisconsin Multiple Listing Service

APN: 0710-073-0327-6

Wisconsin Dane County Madison 53703 Marquette

1338 Rutledge St Unit 1, Madison, WI

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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