Seller's Agent in 2021
Erik Taske
Madcity Management, LLC
(608) 219-9822
1 in this area
6 Total Sales
149 E Gilman St Madison, WI 53703
Downtown Madison NeighborhoodEstimated Value: $759,000 - $967,000
10
Beds
5
Baths
5,175
Sq Ft
$168/Sq Ft
Est. Value
About This Home
As of March 2021Beautiful 4 unit building situated on Mansion Hill in downtown Madison. Amazing views of Lake Mendota and James Madison park! Easy access to downtown, UW campus and State Street shopping. One block off the bus line and just steps from amazing walking and biking trails originating across the street at the lake front park. Perfect opportunity for a first time investor or a seasoned veteran looking to build their portfolio. Cash flow out the door! Many new upgrades including refinished hardwood flooring, updated tiled bathrooms and much much more. One apartment left open after remodeling to accommodate the opportunity for an owner occupancy if needed. This building is in great condition with a new electric panel, water heater, roof and it’s exterior was painted this summer. MUST SEE!!
Last Agent to Sell the Property
Madcity Management, LLC License #54543-90 Listed on: 01/11/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,345
Year Built
- Built in 1908
Lot Details
- 5,445
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
- Stucco Exterior
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Basement Windows
Schools
- Lapham/Marquette Elementary School
- Okeeffe Middle School
- East High School
Additional Features
- 3-Story Property
- 5,445 Sq Ft Lot
- Radiant Heating System
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 070914404044
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2021
Closed on
Mar 1, 2021
Sold by
424 Wisconsin Llc
Bought by
Dkr Rentals Llc
Seller's Agent
Erik Taske
Madcity Management, LLC
Buyer's Agent
Erik Taske
Madcity Management, LLC
List Price
$787,500
Sold Price
$765,000
Premium/Discount to List
-$22,500
-2.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,912
Avg. Annual Appreciation
2.67%
Original Mortgage
$612,000
Outstanding Balance
$548,615
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$319,297
Purchase Details
Closed on
Feb 12, 2009
Sold by
West Washington Associates Llc
Bought by
424 Wisconsin Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.03%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dkr Rentals Llc | -- | None Available | |
| 424 Wisconsin Llc | $420,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dkr Rentals Llc | $612,000 | |
| Previous Owner | 424 Wisconsin Llc | $356,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/15/2021 03/15/21 | Sold | $765,000 | -2.9% | $148 / Sq Ft |
| 01/11/2021 01/11/21 | For Sale | $787,500 | -- | $152 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $29,751 | $845,000 | $191,000 | $654,000 |
| 2023 | $13,895 | $765,000 | $174,000 | $591,000 |
| 2021 | $12,985 | $608,000 | $144,000 | $464,000 |
| 2020 | $12,345 | $553,000 | $143,800 | $409,200 |
| 2019 | $11,808 | $527,000 | $143,800 | $383,200 |
| 2018 | $11,227 | $502,000 | $143,800 | $358,200 |
| 2017 | $11,632 | $502,000 | $143,800 | $358,200 |
| 2016 | $11,379 | $478,000 | $130,800 | $347,200 |
| 2015 | $10,939 | $433,000 | $130,800 | $302,200 |
| 2014 | $10,412 | $433,000 | $130,800 | $302,200 |
| 2013 | $9,599 | $420,000 | $130,800 | $289,200 |
Source: Public Records
Agents Affiliated with this Home
-
Erik Taske
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1900392
APN: 0709-144-0404-4
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.
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.
Nearby Homes
- 311 N Hancock St Unit 223
- 300 N Pinckney St
- 111 N Hamilton St Unit 202
- 112 N Blount St
- 101-105.5 State St
- 733 E Gorham St
- 752 E Gorham St
- 360 W Washington Ave Unit G02
- 333 W Mifflin St Unit 8100
- 333 W Mifflin St Unit 1160
- 333 W Mifflin St Unit 4090
- 121 S Hamilton St Unit 202
- 137 E Wilson St Unit 210
- 137 E Wilson St Unit 1113
- 309 W Washington Ave
- 404 S Blount St Unit 307
- 522 E Wilson St
- 207/207.5/205 N Frances St
- 820 Jenifer St
- 530 W Doty St Unit 107
- 149 E Gilman St Unit 4
- 149 E Gilman St Unit 2
- 151 E Gilman St
- 416 N Butler St
- 133 E Gilman St Unit 2
- 133 E Gilman St Unit 1
- 131 E Gilman St
- 133 E Gilman St Unit 1&2
- 133 E Gilman St
- 140 E Gorham St Unit 304
- 152 E Gorham St Unit 1
- 152 E Gorham St
- 125 E Gilman St
- 121 E Gilman St
- 124 E Gorham Street Parking Lot
- 141 E Gorham St Unit 1
- 141 E Gorham St Unit 3
- 141 E Gorham St Unit 2
- 141 E Gorham St
- 137 E Gorham St Unit 2