NOT LISTED FOR SALE

1417 Williamson St Madison, WI 53703

Marquette Neighborhood

Estimated Value: $441,000 - $868,000

5 Beds
3 Baths
2,088 Sq Ft
$275/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $380,000 $182 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,262/month

88 Days on Market

Highlights

  • Forced Air Heating System
  • Marquette Elementary Rated A-
  • Wood Siding

About This Home

As of May 2022

Willy Street 3 Flat! Great location and investment opportunity. Two 2-bedroom units and one 1-bedroom unit in this popular neighborhood. 88 Walk Score "Very Walkable" and 95 Bike Score "Biker's Paradise." Parking in the back. Owner occupy, renovate, convert to a single family...bring your imagination. Updates include: Washer (2021), Water Heater (2020), Kitchen Cabinets (Unit 1 - 2020).

Last Agent to Sell the Property

Shelly Sprinkman

Sprinkman Real Estate License #57436-90 Listed on: 12/21/2021

Last Buyer's Agent

Maggie Hamner

Hamner Real Estate Group License #94023-94

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Parking

  • On-Street Parking
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 3 Units
  • Net Operating Income $27,685

Listing and Financial Details

  • Assessor Parcel Number 0710-072-1514-0

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 3 story
  • Items Excluded: Sellers' + Tenants' Personal Belongings
  • Items Included: (3) Ranges/Ovens, (3) Refrigerators, (1) Dishwasher, (1) Coin Operated Washer/Dryer
  • Year Built: 1899
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl, Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

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

Fee Information

  • Total Expenses: 9950

Schools

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

Lot Info

  • Estimated Aces: 0.12
  • Zoning: R5
  • Geo Subdivision: WI

Rental Info

  • Total Income: 37635

Tax Info

  • Net Taxes: 9641
  • Tax Year: 2020
  • Assessor Parcel Number: 0710-072-1514-0

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Apr 28, 2022
Sold by
Korotev Properties Llc
Bought by
Kichak Stephen
Seller's Agent
Shelly Sprinkman
Sprinkman Real Estate
Buyer's Agent
Maggie Hamner
Hamner Real Estate Group
List Price
$450,000
Sold Price
$380,000
Premium/Discount to List
-$70,000
-15.56%
Current Estimated Value
$573,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,524
Avg. Annual Appreciation
11.63%
Original Mortgage
$304,000
Outstanding Balance
$284,160
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$289,364

Purchase Details

Closed on
Oct 18, 2016
Sold by
Korotev Peter E and Korotev Sherry L
Bought by
Korotev Properties Llc
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
Kichak Stephen $380,000 Korotev Properties Llc
Korotev Properties Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kichak Stephen $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2022 05/03/22 Sold $380,000 -5.0% $182 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
02/03/2022 02/03/22 Price Changed $400,000 -11.1% $192 / Sq Ft
12/21/2021 12/21/21 For Sale $450,000 -- $216 / 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 $15,373 $438,900 $155,800 $283,100
2023 $7,205 $399,000 $155,800 $243,200
2022 $14,890 $380,000 $155,800 $224,200
2021 $9,958 $467,200 $155,800 $311,400
2020 $9,640 $432,600 $147,000 $285,600
2019 $9,454 $412,000 $133,600 $278,400
2018 $9,005 $392,400 $128,500 $263,900
2017 $8,494 $356,700 $117,900 $238,800
2016 $8,321 $339,700 $108,200 $231,500
2015 $7,755 $308,100 $96,300 $211,800
2014 $7,386 $308,100 $96,300 $211,800
2013 $6,814 $299,100 $92,600 $206,500
Source: Public Records

Agents Affiliated with this Home

  • Shelly Sprinkman

    Seller's Agent in 2022

    Shelly Sprinkman

    Sprinkman Real Estate

    (608) 220-1453

    8 in this area

    382 Total Sales

    Shelly Sprinkman
    Section Image

  • M

    Buyer's Agent in 2022

    Maggie Hamner

    Hamner Real Estate Group

    (608) 509-8564

    1 in this area

    15 Total Sales

    Maggie Hamner
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1925313

South Central Wisconsin Multiple Listing Service

APN: 0710-072-1514-0

Wisconsin Dane County Madison 53703 Marquette

1417 Williamson St, Madison, WI

Not Listed for Sale

MultiFamily

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