NOT LISTED FOR SALE

1517 Morrison St Unit 1 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $704,000 - $1,021,000

3 Beds
2.5 Baths
1,635 Sq Ft
$532/Sq Ft Est. Value

Last Sold April 03, 2015

Last sale price $595,000 $364 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,730/month

32 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Colonial Architecture
  • Wood Flooring
  • Marquette Elementary Rated A-
  • Deck
  • 1-minute walk to Morrison Park

About This Home

As of April 2015

Life is full of compromises, but your home shouldn't be. Lovely brick Dutch Colonial home on choice 60 ft level, south facing, waterfront lot on Lake Monona in prestigious Marquette neighborhood. Fireplace, oak floors and woodwork. New SS appliances. French doors leads to bright sun-room overlooking lake. Professionally landscaped yard - driveway to left of home. Loads of charm and character.

Last Agent to Sell the Property

Leigh Mollenhoff

South Central Non-Member License #18328-90 Listed on: 02/07/2015

Co-Listed By

Kathy Canary

First Weber Inc License #46489-90

Last Buyer's Agent

Kelly Maly

The Kruse Company, REALTORS License #51313-90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,392

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot
  • 60 Feet of Waterfront
  • Lake Front
  • Property is zoned R4A

Parking

  • Paved Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,635 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Sun or Florida Room
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Central Air
  • Radiant Heating System
  • Water Softener
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a bus stop

Community Details

  • Mccormick Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,392

Year Built

Built in 1925

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: Colonial
  • Items Included: All window coverings
  • Year Built: 1925
  • Above Grade Price Per Sq Ft: 382.26
  • Above Grade Sold Price Per Sq Ft: 363.91
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 1635
  • Finished Sq Ft: 1635
  • Bedrooms: 3
  • Total Bathrooms: 2.5
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 20x12, On Level: U
  • Bedroom 2: Dimensions: 11x9, On Level: U
  • Bedroom 3: Dimensions: 11x8, On Level: U
  • Kitchen: Dimensions: 10x11, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator
  • Living Room: Dimensions: 11x18, On Level: M
  • Dining Room: Dimensions: 11x18, On Level: M
  • Other Rooms: Sun Room
  • Other Room 1: Sun Room, Dimensions: 12x8, On Level: M
  • Laundry: On Level: L
  • Basement: Full, Walkout to yard
  • Fireplace: Wood
  • Interior Amenities: Wood or sim. wood floor, Walk-in closet(s), Washer, Dryer, Water softener inc, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Waterfront: Has actual water frontage, Lake
  • Waterfront: Yes
  • Waterfrontage: 60
  • Exterior: Wood, Brick, Stone
  • Exterior Features: Deck

Garage/Parking

  • Driveway: Paved

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant, 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: 0710-072-2204-6
  • Estimated Aces: 0.15
  • Lot Description: Close to busline
  • Zoning: R4A
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 417600
  • Improvements: 123800
  • Total Assessment: 541400
  • Assessment year: 2014
  • Net Taxes: 13392
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2016
Sold by
Polich Terrence and Polich Katherine
Bought by
Polich Katherine and Polich Terrence
Total Days on Market
32
Current Estimated Value
$869,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,900
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 7, 2015
Closed on
Apr 3, 2015
Sold by
Gribb Gil W and Orr Catherine M
Bought by
Polich Katherine and Polich Terrence
Seller's Agent
Leigh Mollenhoff
South Central Non-Member
Buyer's Agent
Kelly Maly
The Kruse Company, REALTORS
List Price
$625,000
Sold Price
$595,000
Premium/Discount to List
-$30,000
-4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$417,000
Interest Rate
3.73%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Polich Katherine -- Attorney
Polich Katherine $595,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polich Katherine $387,100
Closed Polich Katherine $414,900
Closed Polich Katherine $417,000
Previous Owner Gribb Gil W $262,000
Previous Owner Gribb Gil W $291,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2015 04/03/15 Sold $595,000 -4.8% $364 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
02/07/2015 02/07/15 For Sale $625,000 -- $382 / 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 $34,102 $967,900 $571,500 $396,400
2023 $16,900 $929,400 $594,100 $335,300
2021 $15,427 $721,600 $516,600 $205,000
2020 $15,361 $687,200 $516,600 $170,600
2019 $14,684 $654,500 $492,000 $162,500
2018 $14,662 $654,500 $492,000 $162,500
2017 $14,416 $595,000 $447,300 $147,700
2016 $14,183 $595,000 $426,000 $169,000
2015 $13,293 $541,400 $417,600 $123,800
2014 $13,038 $541,400 $417,600 $123,800
2013 $13,711 $541,400 $417,600 $123,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1736419

South Central Wisconsin Multiple Listing Service

APN: 0710-072-2204-6