$405,000
SOLD AUG 30, 2013

1415 Morrison St Unit 1 Madison, WI 53703

Marquette Neighborhood
4 Beds
2 Baths
1,890 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$214 Per Sq Ft

10% Below List Price

31 Days on Market

Highlights

  • Waterfront
  • Balcony
  • Eat-In Kitchen
  • Marquette Elementary Rated A-
  • Fireplace
  • 1-minute walk to Morrison Park

About This Home

As of June 2017

Lake Monona Living & Located in the desired Marquette Neighborhood. Each 945 square foot unit has 2 beds, 1 bath & features gas range, hardwood floors & astonishing lake views. Unit 1: updated bath, gas fireplace & appliances. Unit 2: has larger bedrooms & unfinished attic for future expansion. Pre-inspected, new separate electrical, shared laundry & plenty of storage. Walk to Mickey's, Willy Co-op, Yahara or Olin Parks. Gross income potential $3200/month. Hurry! Owner looking for August renters. Visit www.1415MorrisonStreet.com for 24/7 open house

Last Agent to Sell the Property

Leslie Haverland

Restaino & Associates License #57466-90 Listed on: 06/19/2013

Restaino & Associates

Last Buyer's Agent

Ben Anton

Lauer Realty Group, Inc. License #53852-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,556

Year Built

  • Built in 1912

Lot Details

  • 3,920 Sq Ft Lot
  • Waterfront

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

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

Utilities

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

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • 2 Units
  • Laundry Facilities
  • Net Operating Income $12,926

Listing and Financial Details

  • Assessor Parcel Number 0710-072-2216-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,556

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Noi Year: 2012
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Sump pump
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 1
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Waterfront: Has actual water frontage
  • Waterfront: Yes
  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 1474

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: 0.09
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 12900

Tax Info

  • Land Assessment: 289100
  • Improvements: 113300
  • Total Assessment: 402400
  • Assessment year: 2013
  • Net Taxes: 9556
  • Tax Year: 2012
  • Assessor Parcel Number: 0710-072-2216-1

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2017
Closed on
Jun 14, 2017
Sold by
Smallman Michael B
Bought by
Fore Travis and Dreyfus Jennifer
Seller's Agent
. FSBO Comp
FSBO Comp
Buyer's Agent
Jim Schuessler
Stark Company, REALTORS
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$1,120,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,062
Avg. Annual Appreciation
8.68%
Original Mortgage
$440,000
Interest Rate
4.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 22, 2014
Sold by
Smallman Michael B and Moritsugu Akiko M Y
Bought by
Smallman Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 19, 2013
Closed on
Aug 30, 2013
Sold by
Blum Joseph E and Blum Aleesa L
Bought by
Smallman Michael B and Moritsugu Akiko M Y
Seller's Agent
Leslie Haverland
Restaino & Associates
Buyer's Agent
Ben Anton
Lauer Realty Group, Inc.
List Price
$450,000
Sold Price
$405,000
Premium/Discount to List
-$45,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $550,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $405,000 Dane County Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $703,000 New Conventional
Closed $765,000 Adjustable Rate Mortgage/ARM
Closed $440,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Previous Owner $30,000 Adjustable Rate Mortgage/ARM
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2017 06/14/17 Sold $550,000 0.0% $291 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $550,000 +35.8% $291 / Sq Ft
08/30/2013 08/30/13 Sold $405,000 -10.0% $214 / Sq Ft
07/20/2013 07/20/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $450,000 -- $238 / 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 $35,986 $1,036,300 $482,600 $553,700
2023 $17,559 $983,400 $411,200 $572,200
2021 $15,965 $760,700 $357,600 $403,100
2020 $16,005 $724,500 $357,600 $366,900
2019 $15,266 $690,000 $340,600 $349,400
2018 $15,348 $690,000 $340,600 $349,400
2017 $9,903 $433,800 $309,600 $124,200
2016 $9,673 $413,100 $294,900 $118,200
2015 $9,798 $405,000 $289,100 $115,900
2014 $9,603 $405,000 $289,100 $115,900
2013 $10,123 $402,400 $289,100 $113,300
Source: Public Records

Agents Affiliated with this Home

  • .

    Seller's Agent in 2017

    . FSBO Comp

    FSBO Comp

  • Jim Schuessler

    Buyer's Agent in 2017

    Jim Schuessler

    Stark Company, REALTORS

    (608) 445-0766

    5 in this area

    63 Total Sales

    Section Image
  • Leslie Haverland

    Seller's Agent in 2013

    Leslie Haverland

    Restaino & Associates

    (608) 334-4052

    68 Total Sales

    Section Image
  • Ben Anton

    Buyer's Agent in 2013

    Ben Anton

    Lauer Realty Group, Inc.

    (608) 513-9757

    2 in this area

    125 Total Sales

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1688702

South Central Wisconsin Multiple Listing Service

APN: 0710-072-2216-1

Wisconsin Dane County Madison 53703 Marquette

1415 Morrison St Unit 1, Madison, WI

This home is located at 1415 Morrison St Unit 1, Madison, WI 53703 and is currently priced at $405,000, approximately $214 per square foot. This property was built in 1912. 1415 Morrison St Unit 1 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.

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