NOT LISTED FOR SALE

1525 Adams St Madison, WI 53711

Vilas Neighborhood

Estimated Value: $526,000 - $588,000

3 Beds
2 Baths
1,770 Sq Ft
$312/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $224,000 $127 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $3,445/month

146 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Sun or Florida Room
  • Randall Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Bear Mound Park

About This Home

As of February 2013

Take advantage of low interest rate and invest in a prime location! Single family home currently used as rental property and rents immediately w/little effort! Look beyond the renters stuff and find the character & charm you are looking for w/hardwood floors, original woodwork, fireplace w/wood mantle & 1st floor sunroom w/ french doors! 3-4 bdrms, 2 full baths 1 car garage & in the middle of Vilas close to campus, coffee, hospitals, arboretum & zoo! Currently rented through $1450 until 8/14/2013. Rent is $1450 per month, currently rented through August 14, 2013

Last Agent to Sell the Property

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 09/25/2012

Last Buyer's Agent

Mike O'Brien

Realty Enterprises & Mgmnt Serv License #45411-90

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 3,907 Sq Ft Lot
  • Lot Dimensions are 50x78.14
  • Property is zoned R4A WP27

Parking

  • Unpaved Parking

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Recreation Room
  • Sun or Florida Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven or Range
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Vilas Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 1/2 story
  • Architecture: Colonial
  • Year Built: 1921
  • Above Grade Sold Price Per Sq Ft: 145.45
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1540
  • Finished Non Exp Sq Ft: 230
  • Finished Sq Ft: 1770
  • Bedrooms: 3
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 20x10, On Level: U
  • Bedroom 2: Dimensions: 11x11, On Level: U
  • Bedroom 3: Dimensions: 11x11, On Level: U
  • Kitchen: Dimensions: 10x10, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator
  • Living Room: Dimensions: 20x13, On Level: M
  • Dining Room: Dimensions: 14x11, On Level: M
  • Other Rooms: Rec Room, Sun Room
  • Other Room 1: Sun Room, Dimensions: 10x9, On Level: M
  • Other Room 2: Rec Room, Dimensions: 13x10, On Level: L
  • Laundry: On Level: L
  • Basement: Full
  • Fireplace: Wood
  • Interior Amenities: Wood or sim. wood floor, Cable available
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Driveway: Unpaved
  • Garage: 1 car
  • Total Full Garage Stalls: 1

Utilities

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

Schools

  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Lot Sq Ft: 3907
  • Estimated Aces: 0.09
  • Lot Dimensions: 50x78.14
  • Zoning: R4A WP27
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6811
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2012
Closed on
Feb 28, 2013
Sold by
Pearson Forrer Tara M and Wiedenbeck Tara M
Bought by
Bower Mark D and Bower Dianna M
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Mike O'Brien
Realty Enterprises & Mgmnt Serv
List Price
$224,000
Sold Price
$224,000
Current Estimated Value
$553,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,070
Avg. Annual Appreciation
7.28%
Original Mortgage
$168,000
Outstanding Balance
$118,284
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$434,786
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bower Mark D $224,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bower Mark D $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $224,000 0.0% $127 / Sq Ft
02/18/2013 02/18/13 Pending -- -- --
09/25/2012 09/25/12 For Sale $224,000 -- $127 / 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
2023 $6,657 $387,000 $140,600 $246,400
2022 $13,343 $355,000 $129,000 $226,000
2021 $6,426 $317,000 $115,200 $201,800
2020 $6,575 $304,800 $115,200 $189,600
2019 $6,377 $295,900 $111,800 $184,100
2018 $6,398 $295,900 $111,800 $184,100
2017 $5,946 $264,200 $99,800 $164,400
2016 $5,689 $246,900 $93,300 $153,600
2015 $5,543 $224,000 $83,100 $140,900
2014 $5,218 $224,000 $83,100 $140,900
2013 $6,686 $224,000 $83,100 $140,900
Source: Public Records

Agents Affiliated with this Home

  • Liz Lauer

    Seller's Agent in 2013

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    7 in this area

    447 Total Sales

    Liz Lauer
    Section Image

  • M

    Buyer's Agent in 2013

    Mike O'Brien

    Realty Enterprises & Mgmnt Serv

    (608) 219-1388

    9 Total Sales

    Mike O'Brien
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1666863

South Central Wisconsin Multiple Listing Service

APN: 0709-224-1108-1

Wisconsin Dane County Madison 53711 Vilas

1525 Adams St, Madison, WI

Not Listed for Sale

Detached

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