NOT LISTED FOR SALE

Estimated Value: $1,218,000 - $1,357,000

13 Beds
5 Baths
3,700 Sq Ft
$345/Sq Ft Est. Value

Last Sold November 14, 2019

Last sale price $810,000 $219 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $9,412/month

8 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Property is near bus stop
  • Den
  • Eat-In Kitchen
  • 3-minute walk to Period Garden Park

About This Home

As of November 2019

Showings Start 10/11. Fully updated 3-unit property in a prime downtown location, just 2 blocks off the Capitol Square & Lake Mendota! Building consists of one 3bd/1ba & two 5bd/2ba floor plans. Each unit offers private entry, spacious floor plans, big bedrooms, remodeled kitchens w/dishwashers, remodeled baths, upgraded finishes, fresh paint, new light fixtures, new windows, RARE in-unit laundry & basement storage. 3 furnaces & 1 boiler w/tenants paying gas/electric. Owner leases out one off-street parking space in joint driveway (agreement w/neighbor). Strong rental history. Offering guaranteed $6K/month for vacant units through July 2020!

Last Agent to Sell the Property

Katie Schmitz

The Hub Realty License #58120-90 Listed on: 10/03/2019

Last Buyer's Agent

Rich Wirth

Stark Company, REALTORS License #82481-94

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,520

Year Built

  • Built in 1898

Lot Details

  • 3,049

Parking

  • 1 Open Parking Space

Home Design

  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Family Room
  • Den
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

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

Utilities

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

Additional Features

  • 3,049 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 3 Units
  • Net Operating Income $61,551

Listing and Financial Details

  • Assessor Parcel Number 0709-144-1401-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,520

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 3 story
  • Items Excluded: Seller's and tenant's personal property
  • Items Included: refrigerator (3), dishwasher (3), oven/range (3), disposal (3), washer (3), dryer (3), water softener, all window blinds, any fixed window A/C units
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1898
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 3
  • Number Dryers: 3
  • Number Units W Ac: 2
  • Number Washers: 3
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

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 gas meters

Fee Information

  • Total Expenses: 35589

Schools

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

Lot Info

  • Estimated Aces: 0.07
  • Zoning: DR1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 97140

Tax Info

  • Net Taxes: 15520
  • Tax Year: 2018
  • Assessor Parcel Number: 0709-144-1401-9

Multi Family

  • Number Of3 Bedrooms: 3
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2020
Sold by
Kish Steven P and Kish Caroline T
Bought by
139 E Johnson Street Llc
Current Estimated Value
$1,276,236

Purchase Details

Listed on
Oct 3, 2019
Closed on
Nov 14, 2019
Sold by
Augusta Realty Inc
Bought by
Kish Steven and Kish Caroline Terese
Seller's Agent
Katie Schmitz
The Hub Realty
Buyer's Agent
Rich Wirth
Stark Company, REALTORS
List Price
$804,000
Sold Price
$810,000
Premium/Discount to List
$6,000
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
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
139 E Johnson Street Llc -- None Available
Kish Steven P -- None Available
Kish Steven $810,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2019 11/14/19 Sold $810,000 +0.7% $219 / Sq Ft
10/10/2019 10/10/19 For Sale $804,000 -0.7% $217 / Sq Ft
10/07/2019 10/07/19 Off Market $810,000 -- --
10/03/2019 10/03/19 For Sale $804,000 -- $217 / 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 $32,697 $928,200 $115,300 $812,900
2023 $15,768 $867,500 $115,300 $752,200
2021 $17,328 $810,000 $109,800 $700,200
2020 $18,120 $810,000 $106,600 $703,400
2019 $15,494 $690,400 $112,400 $578,000
2018 $15,520 $690,400 $112,400 $578,000
2017 $16,079 $690,400 $112,400 $578,000
2016 $15,729 $657,500 $102,200 $555,300
2015 $15,085 $596,400 $102,200 $494,200
2014 $14,371 $596,400 $102,200 $494,200
2013 $14,720 $579,000 $96,400 $482,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1870091

South Central Wisconsin Multiple Listing Service

APN: 0709-144-1401-9