$387,000
SOLD MAY 4, 2023

1435 Rutledge St Unit 1 Madison, WI 53703

Marquette Neighborhood
3 Beds
2 Baths
1,622 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$239 Per Sq Ft

14% Below List Price

59 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • 1 Car Detached Garage
  • Marquette Elementary Rated A-
  • Mud Room
  • 2-minute walk to Morrison Park

About This Home

As of November 2024

Great fixer upper on one of the best streets in Madison. Painted bungalows and tree lined Rutledge, oh my! It's hard to beat the charm and location. Come bring your vision and bring this beauty back to where it belongs. The home could be a 2 flat or single family home. Currently has two front doors and opening between first unit and second unit with a door and walling that could be opened for single family, or can be closed to function as two unit. Upstairs kitchen and bath are gutted completely. Property likely will not finance with traditional lending. Kitchen was upstairs in room with deck. There is plenty of space to create a large owner's suite with second bedroom upstairs. Room to finish in basement and add on off the back. This will be an amazing stunner when complete! Please visit www.lauerrealtygroup.com for more info or call Ryan Esser today! 608-577-2850

Last Agent to Sell the Property

Ryan Esser

Berkshire Hathaway HomeServices True Realty License #65490-94 Listed on: 01/31/2023

Berkshire Hathaway HomeServices True Realty

Last Buyer's Agent

Ryan Esser

Berkshire Hathaway HomeServices True Realty License #65490-94 Listed on: 01/31/2023

Berkshire Hathaway HomeServices True Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,692

Year Built

  • Built in 1914

Lot Details

  • 3,920 Sq Ft Lot
  • Property is zoned TR-C4

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1,622 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Entrance Foyer
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Radiant Heating System
  • Cable TV Available

Community Details

  • Marquette Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,692

Year Built

Built in 1914

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: Prairie/Craftsman
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Excluded: Personal Property of the Seller
  • Items Included: Refrigerator , Washer, Dryer
  • Year Built: 1914
  • Above Grade Price Per Sq Ft: 246.61
  • Above Grade Sold Price Per Sq Ft: 238.59
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 1622
  • Finished Sq Ft: 1622
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 11x11, On Level: M
  • Bedroom 2: Dimensions: 15x11, On Level: U
  • Bedroom 3: Dimensions: 12x10, On Level: U
  • Kitchen: Dimensions: 16x12, On Level: M
  • Kitchen Features: Refrigerator
  • Living Room: Dimensions: 18x12, On Level: M
  • Other Rooms: Foyer, Mud Room
  • Other Room 1: Foyer, Dimensions: 9x7, On Level: M
  • Other Room 2: Mud Room, Dimensions: 11x7, On Level: M
  • Laundry: On Level: L
  • Basement: Full, Poured concrete foundatn
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Cable available
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Wood, Stucco

Garage/Parking

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

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant
  • 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: 0710-072-2005-8
  • Estimated Aces: 0.09
  • Lot Description: Close to busline, Sidewalk
  • Zoning: TR-C4
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 128700
  • Improvements: 310300
  • Total Assessment: 439000
  • Assessment year: 2023
  • Net Taxes: 7692
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Nov 15, 2024
Sold by
Smith Matthew
Bought by
Walker Tamara and Walker Jason
Seller's Agent
Matt Smith
Building Equity Development
Buyer's Agent
Matt Smith
Building Equity Development
List Price
$559,000
Sold Price
$520,000
Premium/Discount to List
-$39,000
-6.98%
Views
473
Current Estimated Value
$521,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,628
Avg. Annual Appreciation
0.51%
Original Mortgage
$468,000
Outstanding Balance
$465,700
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$55,928

Purchase Details

Listed on
Jan 31, 2023
Closed on
May 3, 2023
Sold by
Beach Properties Llc
Bought by
Smith Matthew
Seller's Agent
Ryan Esser
Berkshire Hathaway HomeServices True Realty
Buyer's Agent
Ryan Esser
Berkshire Hathaway HomeServices True Realty
List Price
$450,000
Sold Price
$387,000
Premium/Discount to List
-$63,000
-14%
Views
352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.15%

Purchase Details

Closed on
May 27, 2022
Sold by
Sheriff Of The County Of Dane
Bought by
Beach Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,550
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2005
Sold by
Valentine Grace
Bought by
Lawrence Naita
Source: Public Records

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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 $520,000 Knight Barry Title
Warranty Deed $387,000 None Listed On Document
Sheriffs Deed $420,000 None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $468,000 New Conventional
Previous Owner $284,550 New Conventional
Previous Owner $161,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $520,000 -2.8% $321 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $535,000 -2.6% $330 / Sq Ft
07/10/2024 07/10/24 Price Changed $549,000 -1.8% $338 / Sq Ft
05/31/2024 05/31/24 For Sale $559,000 +44.4% $345 / Sq Ft
05/04/2023 05/04/23 Sold $387,000 -3.3% $239 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
02/10/2023 02/10/23 Price Changed $400,000 -11.1% $247 / Sq Ft
02/03/2023 02/03/23 For Sale $450,000 +16.3% $277 / Sq Ft
02/01/2023 02/01/23 Off Market $387,000 -- --
01/31/2023 01/31/23 For Sale $450,000 -- $277 / 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 $19,522 $571,300 $128,700 $442,600
2023 $7,608 $439,000 $128,700 $310,300
2021 $7,570 $369,500 $128,700 $240,800
2020 $7,413 $342,100 $121,400 $220,700
2019 $6,848 $316,800 $110,400 $206,400
2018 $6,529 $301,700 $110,400 $191,300
2017 $6,243 $269,400 $101,300 $168,100
2016 $5,830 $244,900 $92,900 $152,000
2015 $2,799 $244,900 $80,400 $164,500
2014 $5,724 $244,900 $80,400 $164,500
2013 $5,249 $235,500 $80,400 $155,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1949574

South Central Wisconsin Multiple Listing Service

APN: 0710-072-2005-8