NOT LISTED FOR SALE

1340 Rutledge St Unit 4 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $677,167 - $732,000

5 Beds
2 Baths
2,300 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $332,500 $145 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,571/month

13 Days on Market

Highlights

  • Balcony
  • Fireplace
  • Level Lot
  • Marquette Elementary Rated A-
  • Dining Room
  • 4-minute walk to Morrison Park

About This Home

As of May 2015

Classic two flat in a relaxed near east side neighborhood. Very few properties come up for sale in this area. Property has been part of a family trust and is being sold for owners nursing home needs. Functional wood burning fireplace with tile surrounds, solid wood paneling, 2 car attached garage and big back yard. Selling agent is also trustee for the Survivor's trust and will accept buyer agent commission offers. Need paint, garage doors etc so make an offer "as is" and pick your colors!

Last Agent to Sell the Property

James Espeseth

United Real Estate Corp License #53-10 Listed on: 04/07/2015

United Real Estate Corp

Last Buyer's Agent

James Espeseth

United Real Estate Corp License #53-10 Listed on: 04/07/2015

United Real Estate Corp

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 0710-073-0328-4

Community Details

Overview

  • 2 Units
  • Farwells Add Subdivision

Building Details

  • Net Operating Income $14,461

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Barrier Free: Level lot
  • Noi Year: 2014
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished
  • Number Dish Washers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 14611

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: 0.13
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 29062

Tax Info

  • Land Assessment: 89900
  • Improvements: 250600
  • Total Assessment: 340500
  • Assessment year: 2014
  • Net Taxes: 9193
  • Tax Year: 2014
  • Assessor Parcel Number: 0710-073-0328-4

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2025
Sold by
Syring Thomas J and Syring Darcy E
Bought by
Syring Revocable Trust and Syring
Total Days on Market
13
Current Estimated Value
$700,292

Purchase Details

Listed on
Apr 7, 2015
Closed on
May 28, 2015
Sold by
Espeseth James E
Bought by
Syring Thomas J and Syring Darcy E
Seller's Agent
James Espeseth
United Real Estate Corp
Buyer's Agent
James Espeseth
United Real Estate Corp
List Price
$375,000
Sold Price
$332,500
Premium/Discount to List
-$42,500
-11.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$266,000
Interest Rate
3.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 18, 2008
Sold by
Espeseth James E
Bought by
Thelma L Espeseth Survivors Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.94%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Syring Revocable Trust -- None Listed On Document
Syring Thomas J $332,500 Attorney
Thelma L Espeseth Survivors Trust -- None Available
Thelma L Espeseth Survivors Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Syring Thomas J $67,000
Previous Owner Syring Thomas J $262,400
Previous Owner Syring Thomas J $266,000
Previous Owner Thelma L Espeseth Survivors Trust $40,000
Previous Owner Thelma L Espeseth Survivors Trust $840,000
Previous Owner Espeseth James E $280,000
Previous Owner Espeseth Earl A $515,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $332,500 -11.3% $145 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $375,000 -- $163 / 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 $19,855 $580,700 $144,100 $436,600
2023 $9,990 $569,300 $144,100 $425,200
2021 $10,403 $502,000 $144,100 $357,900
2020 $10,170 $464,800 $135,900 $328,900
2019 $9,411 $430,400 $123,500 $306,900
2018 $8,965 $409,900 $123,500 $286,400
2017 $8,321 $366,000 $113,300 $252,700
2016 $7,891 $332,500 $103,900 $228,600
2015 $8,167 $340,500 $89,900 $250,600
2014 -- $340,500 $89,900 $250,600
2013 $7,878 $327,400 $89,900 $237,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    James Espeseth

    United Real Estate Corp

    (608) 255-4170

    James Espeseth
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1741866

South Central Wisconsin Multiple Listing Service

APN: 0710-073-0328-4

Wisconsin Dane County Madison 53703 Marquette

1340 Rutledge St Unit 4, Madison, WI

This home is located at 1340 Rutledge St Unit 4, Madison, WI 53703 since 07 April 2015 and is currently estimated at $700,292, approximately $304 per square foot. This property was built in 1940. 1340 Rutledge St Unit 4 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.

Nearby Homes