M
Seller's Agent in 2024
Mike Coke Team
EXP Realty, LLC
1631 Jefferson St Unit 1 Madison, WI 53711
Vilas Neighborhood
--
Bed
--
Bath
1,729
Sq Ft
4,792
Sq Ft Lot
Highlights
- Wood Flooring
- Balcony
- Property is near a bus stop
- Randall Elementary School Rated A-
- Eat-In Kitchen
- 3-minute walk to Bear Mound Park
About This Home
As of October 2024Discover the perfect investment opportunity! This charming home is complete with hardwood floors, large windows that let in tons of natural light, coin laundry on site, and parking. This home is ideally located near Edgewood, UW Madison, UW Hospitals, downtown, parks, the zoo, and bus lines. Enjoy the flexibility to add a garage, an ADU, and create a third unit in the lower level, maximizing rental income potential. Income leases are secured through August 2025, offering immediate returns. Landlord currently pays for basement utilities.
Last Agent to Sell the Property
EXP Realty, LLC Brokerage Email: info@tfmwisconsin.com Listed on: 07/08/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,992
Year Built
- Built in 1949
Home Design
- Brick Exterior Construction
- Poured Concrete
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Family Room
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Oven or Range
- Dishwasher
Parking
- 4 Open Parking Spaces
- Outside Parking
Schools
- Franklin/Randall Elementary School
- Hamilton Middle School
- West High School
Utilities
- Forced Air Heating System
- Separate Meters
- Individual Controls for Heating
- Separate Water Meter
- Water Softener is Owned
- High Speed Internet
Additional Features
- Balcony
- 4,792 Sq Ft Lot
- Property is near a bus stop
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 070922410108
- $10,860 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2024
Closed on
Oct 1, 2024
Sold by
Kath Jeremiah D
Bought by
Msr Ii Llc
Seller's Agent
Mike Coke Team
EXP Realty, LLC
Buyer's Agent
Melissa LeGrand
@properties-elleven Christie's
List Price
$545,000
Sold Price
$543,000
Premium/Discount to List
-$2,000
-0.37%
Views
23
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
$18,827
Avg. Annual Appreciation
3.55%
Original Mortgage
$435,000
Outstanding Balance
$432,590
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving
Estimated Equity
$125,965
Purchase Details
Closed on
Sep 26, 2023
Sold by
Kath Timothy W and Kath Cherie A
Bought by
Kath Jeremiah D
Purchase Details
Closed on
Apr 14, 2022
Sold by
Goulette Stephen J
Bought by
Kath Timothy W and Kath Cherie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
5%
Mortgage Type
FHA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $543,000 | None Listed On Document | |
| Quit Claim Deed | $385,000 | None Listed On Document | |
| Warranty Deed | $400,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $435,000 | Credit Line Revolving | |
| Previous Owner | $392,755 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $543,000 | 0.0% | $314 / Sq Ft |
| 10/01/2024 10/01/24 | Sold | $543,000 | -0.4% | $314 / Sq Ft |
| 07/23/2024 07/23/24 | For Sale | $545,000 | 0.0% | $315 / Sq Ft |
| 07/23/2024 07/23/24 | For Sale | $545,000 | +0.4% | $315 / Sq Ft |
| 07/12/2024 07/12/24 | Off Market | $543,000 | -- | -- |
| 07/09/2024 07/09/24 | Off Market | $543,000 | -- | -- |
| 07/08/2024 07/08/24 | For Sale | $545,000 | 0.0% | $315 / Sq Ft |
| 07/08/2024 07/08/24 | For Sale | $545,000 | -- | $315 / 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 | $14,987 | $428,000 | $176,800 | $251,200 |
| 2023 | $7,993 | $400,000 | $160,700 | $239,300 |
| 2021 | $7,312 | $344,100 | $131,600 | $212,500 |
| 2020 | $7,079 | $318,600 | $131,600 | $187,000 |
| 2019 | $6,898 | $309,300 | $127,800 | $181,500 |
| 2018 | $6,557 | $294,600 | $127,800 | $166,800 |
| 2017 | $6,169 | $267,800 | $114,100 | $153,700 |
| 2016 | $6,033 | $255,000 | $106,600 | $148,400 |
| 2015 | $5,859 | $251,000 | $94,900 | $156,100 |
| 2014 | $6,003 | $251,000 | $94,900 | $156,100 |
| 2013 | $5,706 | $251,000 | $94,900 | $156,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2024
Melissa LeGrand
@properties-elleven Christie's
-
B
Buyer's Agent in 2024
Brogan Brunker
@properties-elleven Christie's
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1981319
APN: 0709-224-1010-8
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