NOT LISTED FOR SALE

1423 Morrison St Unit 2 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $1,168,000 - $1,609,604

3 Beds
2 Baths
2,506 Sq Ft
$543/Sq Ft Est. Value

Last Sold January 22, 2013

Last sale price $485,000 $194 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $8,771/month

394 Days on Market

Highlights

  • Lake Front
  • Pier or Dock
  • Craftsman Architecture
  • Marquette Elementary Rated A-
  • Open Floorplan
  • 1-minute walk to Morrison Park

About This Home

As of January 2013

Lake Monona brick bungalow loaded with original "craftsman" features. Leaded bookcases, built-in buffet w/ leaded glass, mirror, and many storage drawers and cupboards. Lovely cove, vaulted ceilings and arched openings, hardwood floors and natural woodwork. Updated kitchen. Located on quiet street; walk to park, schools, bus, Willy St. shops, restaurants and Square. Built as 2-family home. 1st Floor has 1412 sf & 2nd flr shares features of FF and almost 1100 sf. Newer pier.

Last Agent to Sell the Property

Leigh Mollenhoff

South Central Non-Member License #18328-90 Listed on: 10/04/2011

Last Buyer's Agent

Mark Gladue

Lauer Realty Group, Inc. License #56190-90

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 44x125
  • Lake Front
  • Level Lot
  • Property is zoned R4A

Home Design

  • Craftsman Architecture
  • Bungalow
  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,506 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Sun or Florida Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Waterski or Wakeboard
  • Patio

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Cooling System
  • Water Softener
  • Cable TV Available

Community Details

Overview

  • Marquette Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Architecture: Bungalow, Prairie/Craftsman
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Level drive, Level lot
  • Year Built: 1930
  • Above Grade Price Per Sq Ft: 203.11
  • Above Grade Sold Price Per Sq Ft: 193.54
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 2506
  • Finished Sq Ft: 2506
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 10x13, On Level: M
  • Bedroom 2: Dimensions: 10x11, On Level: M
  • Bedroom 3: On Level: M
  • Kitchen: Dimensions: 11x12, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 15x17, On Level: M
  • Dining Room: Dimensions: 13x13, On Level: M
  • Other Rooms: Sun Room
  • Other Room 1: Sun Room, Dimensions: 9x10, On Level: M
  • Laundry: On Level: L
  • Basement: Full
  • Fireplace: Gas
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener inc, Cable available
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Waterfront: Has actual water frontage, Lake, Dock/Pier, Water ski lake
  • Waterfront: Yes
  • Lake/River: Monona
  • Exterior: Vinyl, Brick, Stone
  • Exterior Features: Patio

Garage/Parking

  • Driveway: Paved
  • Garage: 1 car, Detached
  • Total Full Garage Stalls: 1

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer

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

  • Assessor Parcel Number: 0710-072-2213-7
  • Estimated Lot Sq Ft: 5500
  • Estimated Aces: 0.13
  • Lot Description: Close to busline
  • Lot Dimensions: 44x125
  • Zoning: R4A
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 391900
  • Improvements: 183000
  • Total Assessment: 574900
  • Assessment year: 2010
  • Net Taxes: 12618
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2011
Closed on
Jan 22, 2013
Sold by
Carney Curtis L and Goikovich Carney Catherine A
Bought by
Parsons William E and Parsons Susan B
Seller's Agent
Leigh Mollenhoff
South Central Non-Member
Buyer's Agent
Mark Gladue
Lauer Realty Group, Inc.
List Price
$574,900
Sold Price
$485,000
Premium/Discount to List
-$89,900
-15.64%
Current Estimated Value
$1,360,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$875,151
Avg. Annual Appreciation
8.08%
Original Mortgage
$384,000
Interest Rate
2.75%
Mortgage Type
New Conventional
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
Parsons William E $485,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons William E $240,000
Open Parsons William E $550,000
Closed Parsons William E $384,000
Previous Owner Carney Curtis L $392,300
Previous Owner Carney Curtis $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2013 01/22/13 Sold $485,000 -15.6% $194 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
10/04/2011 10/04/11 For Sale $574,900 -- $229 / 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 $43,237 $1,241,100 $523,500 $717,600
2023 $21,997 $1,226,200 $501,900 $724,300
2021 $20,077 $952,000 $436,400 $515,600
2020 $20,099 $906,700 $436,400 $470,300
2019 $19,180 $863,500 $415,600 $447,900
2018 $19,180 $863,500 $415,600 $447,900
2017 $18,096 $785,000 $377,800 $407,200
2016 $18,032 $761,800 $359,800 $402,000
2015 $18,241 $746,900 $352,700 $394,200
2014 $17,886 $746,900 $352,700 $394,200
2013 $13,781 $517,400 $352,700 $164,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1638361

South Central Wisconsin Multiple Listing Service

APN: 0710-072-2213-7