NOT LISTED FOR SALE

1348 Morrison St Madison, WI 53703

Marquette Neighborhood

Estimated Value: $749,000 - $916,000

4 Beds
4 Baths
3,139 Sq Ft
$263/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $665,000 $212 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,149/month

16 Days on Market

Highlights

  • Water Views
  • Vaulted Ceiling
  • Den
  • Marquette Elementary Rated A-
  • Wood Flooring
  • 2-minute walk to Morrison Park

About This Home

As of August 2022

Spacious two flat across from Lake Monona w/Lake views & kayak launch access! Gorgeous interiors w/maple hardwood floors, sun rooms w/french doors, formal dining, large kitchen w/island, plenty of cabinetry, dishwashers & 2 bdrms w/hallway to remodeled baths! 1st flr has central air & furnace, canned LED lighting in living & newer windows. 2nd floor has boiler heat, canned LED lighting, deck w/lake views, newer windows & could be combined w/the 3rd floor to make an amazing 1850 sq ft owner occupied home or rent together for $2300 a month! 3rd floor is completely remodeled with LVP flooring, vaulted ceilings, modern bath, skylights, new windows and a perfect space for artists, yoga or rec rm! New furnace '21, house rewired '19, all new light fixtures. Close to Coop & Willy St Faire! For more photos and info visit www.LauerRealtyGroup.com or call Liz Lauer at 608-444-5725

Last Agent to Sell the Property

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 05/12/2022

Last Buyer's Agent

Morgan Barthen

First Weber Inc License #85290-94

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,899

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced Yard

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Low Emissivity Windows
  • Family Room
  • Dining Room
  • Den
  • Wood Flooring
  • Water Views
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 1 Open Parking Space
  • On-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Additional Features

  • Balcony
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-073-0226-0

Community Details

Overview

  • 2 Units
  • Marquette Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,899

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Items Excluded: Seller and/or Tenant Personal Property.
  • Items Included: 2 Range/Oven, 2 Refrigerators, 2 Dishwashers, 2 Washer/Dryers, Water Softener, All Window Coverings
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Fenced yard
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Softeners: 1

Exterior Features

  • Waterfront: Waterview-No frontage
  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 1

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space
  • 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: 0.07
  • Zoning: TR-C4

Green Features

  • Energy Efficient Green: Low E Windows

Tax Info

  • Net Taxes: 8899
  • Tax Year: 2021
  • Assessor Parcel Number: 0710-073-0226-0

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 24, 2022
Sold by
Knox and Naha
Bought by
Mabrey Stephanie and Kulig Steven
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Morgan Barthen
First Weber Inc
List Price
$675,000
Sold Price
$665,000
Premium/Discount to List
-$10,000
-1.48%
Current Estimated Value
$826,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,532
Avg. Annual Appreciation
6.51%
Original Mortgage
$565,250
Interest Rate
5.7%
Mortgage Type
Balloon

Purchase Details

Listed on
Jun 11, 2019
Closed on
Jul 17, 2019
Sold by
Price-Marcus Shirley R
Bought by
Knox Kyle and Greenholtz Naha
Seller's Agent
Kevin Clark
Better Homes and Gardens Real Estate Dream Partners
Buyer's Agent
Liz Lauer
Lauer Realty Group, Inc.
List Price
$399,000
Sold Price
$418,000
Premium/Discount to List
$19,000
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.50%
Original Mortgage
$334,400
Interest Rate
3.82%
Mortgage Type
New Conventional
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
Mabrey Stephanie $665,000 None Listed On Document
Knox Kyle $418,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mabrey Stephanie $565,250
Previous Owner Knox Kyle $334,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2022 08/01/22 Sold $665,000 -1.5% $212 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $675,000 +61.5% $215 / Sq Ft
07/19/2019 07/19/19 Sold $418,000 +4.8% $161 / Sq Ft View Prior Sale
06/16/2019 06/16/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $399,000 -4.5% $154 / Sq Ft
06/11/2019 06/11/19 Off Market $418,000 -- --
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 $11,739 $665,000 $125,700 $539,300
2022 $17,251 $453,600 $116,400 $337,200
2021 $8,899 $432,000 $116,400 $315,600
2020 $9,119 $418,000 $109,800 $308,200
2019 $8,845 $404,300 $99,800 $304,500
2018 $8,404 $385,000 $99,800 $285,200
2017 $6,954 $307,400 $91,600 $215,800
2016 $8,644 $367,400 $84,000 $283,400
2015 $8,691 $367,400 $72,700 $294,700
2014 $8,692 $367,400 $72,700 $294,700
2013 $7,962 $353,300 $72,700 $280,600
Source: Public Records

Agents Affiliated with this Home

  • Liz Lauer

    Seller's Agent in 2022

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    27 in this area

    447 Total Sales

    Liz Lauer
    Section Image
  • Morgan Barthen

    Buyer's Agent in 2022

    Morgan Barthen

    First Weber Inc

    (414) 998-1079

    1 in this area

    40 Total Sales

    Morgan Barthen
    Section Image
  • Kevin Clark

    Seller's Agent in 2019

    Kevin Clark

    Better Homes and Gardens Real Estate Dream Partners

    (608) 345-6197

    199 Total Sales

    Kevin Clark
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1934189

South Central Wisconsin Multiple Listing Service

APN: 0710-073-0226-0

Wisconsin Dane County Madison 53703 Marquette

1348 Morrison St, Madison, WI

Not Listed for Sale

MultiFamily

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