NOT LISTED FOR SALE

1401 S Thompson Dr Madison, WI 53716

Elvehjem Neighborhood

Estimated Value: $413,000 - $474,000

4 Beds
4 Baths
2,268 Sq Ft
$190/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $330,000 $146 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,254/month

22 Days on Market

Highlights

  • Balcony
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Attached Garage
  • Property is near bus stop
  • Family Room

About This Home

As of June 2022

Rare both-side duplex opportunity in the Sunrise Meadows neighborhood! 1403 has newer flooring, windows and updated upstairs bathroom. Solid rental history for both units with long-term renter in one.

Last Agent to Sell the Property

Brian Montrey

Realty Executives Cooper Spransy License #58919-90 Listed on: 04/18/2022

Realty Executives Cooper Spransy

Last Buyer's Agent

Lauren Stark

Sprinkman Real Estate License #95721-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,688

Year Built

  • Built in 1979

Lot Details

  • 0.34

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Finished Basement

  • Partial Basement
  • Sump Pump

Parking

  • Attached Garage
  • Garage Door Opener
  • Outside Parking

Schools

  • Elvehjem Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Additional Features

  • Family Room
  • Balcony
  • 0.34 Acre Lot
  • Property is near bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0710-113-0538-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,688

Year Built

Built in 1979

Lot Details

0.34 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side
  • Items Excluded: Sellers' and Renters' personal belongings
  • Items Included: 2 refrigerators, 2 range/ovens, 2 dishwashers, 2 washers, 2 dryers, 2 water softeners
  • Miscellaneous: Close to bus line
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Finished, Poured concrete foundatn, Sump pump
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, 1 space, Outside, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Elvehjem
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison

Lot Info

  • Estimated Aces: 0.34
  • Zoning: SR-C3

Rental Info

  • Total Income: 30900

Tax Info

  • Net Taxes: 6688
  • Tax Year: 2021
  • Assessor Parcel Number: 0710-113-0538-3

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 30, 2022
Sold by
Wright and Sarah
Bought by
Vagues George and Vagues Christine
Seller's Agent
Brian Montrey
Realty Executives Cooper Spransy
Buyer's Agent
Lauren Stark
Sprinkman Real Estate
List Price
$360,000
Sold Price
$330,000
Premium/Discount to List
-$30,000
-8.33%
Current Estimated Value
$431,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,770
Avg. Annual Appreciation
7.51%
Original Mortgage
$264,000
Outstanding Balance
$251,511
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$180,259

Purchase Details

Listed on
Jul 6, 2016
Closed on
Aug 12, 2016
Sold by
Angarole Michael I and Angnrole Karen R
Bought by
Wright Dorrick and Wright Sarah
Seller's Agent
Seth Pfaehler
The McGrady Group, LLC
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$213,000
Sold Price
$160,000
Premium/Discount to List
-$53,000
-24.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%
Original Mortgage
$174,400
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vagues George $330,000 None Listed On Document
Wright Dorrick -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vagues George $264,000
Previous Owner Wright Dorrick $174,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $330,000 -8.3% $146 / Sq Ft
04/21/2022 04/21/22 For Sale $360,000 +9.1% $159 / Sq Ft
04/20/2022 04/20/22 Off Market $330,000 -- --
04/18/2022 04/18/22 For Sale $360,000 +125.0% $159 / Sq Ft
08/12/2016 08/12/16 Sold $160,000 -24.9% $86 / Sq Ft View Prior Sale
07/10/2016 07/10/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $213,000 -- $115 / 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
2024 $12,101 $346,500 $92,000 $254,500
2023 $5,944 $330,000 $86,600 $243,400
2022 $14,591 $368,000 $76,500 $291,500
2021 $6,688 $306,700 $76,500 $230,200
2020 $6,410 $278,800 $69,500 $209,300
2019 $6,095 $265,500 $66,200 $199,300
2018 $5,510 $248,100 $66,200 $181,900
2017 $5,088 $221,500 $60,200 $161,300
2016 $4,748 $201,400 $60,200 $141,200
2015 $4,655 $191,700 $60,200 $131,500
2014 $4,567 $191,700 $60,200 $131,500
2013 $5,119 $191,700 $60,200 $131,500
Source: Public Records

Agents Affiliated with this Home

  • Brian Montrey

    Seller's Agent in 2022

    Brian Montrey

    Realty Executives

    (608) 770-0602

    2 in this area

    80 Total Sales

    Brian Montrey
    Section Image
  • Lauren Stark

    Buyer's Agent in 2022

    Lauren Stark

    Sprinkman Real Estate

    (920) 243-3842

    1 in this area

    28 Total Sales

    Lauren Stark
    Section Image
  • Seth Pfaehler

    Seller's Agent in 2016

    Seth Pfaehler

    The McGrady Group, LLC

    (608) 338-4812

    3 in this area

    433 Total Sales

    Seth Pfaehler
    Section Image
  • Matt McGrady

    Seller Co-Listing Agent in 2016

    Matt McGrady

    The McGrady Group, LLC

    (608) 772-3640

    3 in this area

    346 Total Sales

    Matt McGrady
    Section Image

  • S

    Buyer's Agent in 2016

    SCWMLS Non-Member

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1932164

South Central Wisconsin Multiple Listing Service

APN: 0710-113-0538-3

Wisconsin Dane County Madison 53716 Elvehjem

1401 S Thompson Dr, Madison, WI

Not Listed for Sale

MultiFamily

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