NOT LISTED FOR SALE

141 Lathrop St Madison, WI 53726

Regent Neighborhood

Estimated Value: $701,900 - $798,000

5 Beds
2 Baths
1,842 Sq Ft
$413/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $420,000 $228 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,919/month

4 Days on Market

Highlights

  • Fireplace
  • Property is near a bus stop
  • Dining Room
  • Randall Elementary School Rated A-
  • Water Softener is Owned
  • Family Room

About This Home

As of January 2017

Updated 5 bedroom Colonial Investment property in prime University Height neighborhood. Close to UW Campus, stadium and Monroe St area. Great rental history. Current rent ($2,500/month) was discounted to offset expected and completed exterior rehab. Already rented for 2017-2018 at $3,260/month. Tenant pays gas/elec. Historic rents: 2015-2016 $3,210 / 2014-2015 $3,135. New roof, chimney work, full exterior paint, storm windows, concrete work, etc in 2016.

Last Agent to Sell the Property

Chuck Polenz

ALTUS Commercial Real Estate, Inc. License #55662-90 Listed on: 12/05/2016

Last Buyer's Agent

Chuck Polenz

ALTUS Commercial Real Estate, Inc. License #55662-90 Listed on: 12/05/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,101

Year Built

  • Built in 1922

Lot Details

  • 4,182

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • Fireplace
  • Family Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Location

  • Property is near a bus stop

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 0709-222-2205-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,101

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: SingleFam zoned MultiFam
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Noi Year: 2017
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn, Sump pump
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 1
  • Number Stoves: 1
  • Number Washers: 1
  • Number Water Heaters: 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
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Zoning: HIS-UH
  • Geo Subdivision: WI

Rental Info

  • Total Income: 39120

Tax Info

  • Land Assessment: 97800
  • Improvements: 256900
  • Total Assessment: 354700
  • Assessment year: 2016
  • Net Taxes: 8101
  • Tax Year: 2015
  • Assessor Parcel Number: 0709-222-2205-8

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
Jan 24, 2017
Sold by
Forrand Lewis Llc
Bought by
Upper Creek Llc
Seller's Agent
Chuck Polenz
ALTUS Commercial Real Estate, Inc.
Buyer's Agent
Chuck Polenz
ALTUS Commercial Real Estate, Inc.
List Price
$429,900
Sold Price
$420,000
Premium/Discount to List
-$9,900
-2.3%
Current Estimated Value
$760,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,975
Avg. Annual Appreciation
6.89%

Purchase Details

Closed on
Jan 1, 2005
Sold by
Lewis Scott C and Forrand Randy L
Bought by
Forrand Lewis Llc
Source: Public Records

Range of Values:

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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
Upper Creek Llc $420,000 None Available
Forrand Lewis Llc $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Upper Creek Llc $275,000
Closed Upper Creek Llc $245,000
Previous Owner Forrand Lewis Llc $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $420,000 -2.3% $228 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
12/05/2016 12/05/16 For Sale $429,900 -- $233 / 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 $21,370 $608,300 $160,500 $447,800
2023 $10,206 $563,200 $148,600 $414,600
2021 $10,107 $474,100 $125,100 $349,000
2020 $9,829 $441,000 $116,400 $324,600
2019 $9,868 $441,000 $116,400 $324,600
2018 $9,381 $420,000 $105,800 $314,200
2017 $8,693 $376,000 $103,700 $272,300
2016 $8,539 $354,700 $97,800 $256,900
2015 $8,101 $324,800 $87,800 $237,000
2014 $7,791 $324,800 $87,800 $237,000
2013 $7,118 $312,300 $84,400 $227,900
Source: Public Records

Agents Affiliated with this Home

  • Chuck Polenz

    Seller's Agent in 2017

    Chuck Polenz

    ALTUS Commercial Real Estate, Inc.

    (608) 220-7118

    2 Total Sales

    Chuck Polenz
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1791321

South Central Wisconsin Multiple Listing Service

APN: 0709-222-2205-8

Wisconsin Dane County Madison 53726 Regent

141 Lathrop St, Madison, WI

This home is located at 141 Lathrop St, Madison, WI 53726 since 05 December 2016 and is currently estimated at $760,975, approximately $413 per square foot. This property was built in 1922. 141 Lathrop St is a home located in Dane County with nearby schools including Randall Elementary School, Hamilton Middle School, and West 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.

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