NOT LISTED FOR SALE

1704 Jefferson St Madison, WI 53711

Vilas Neighborhood

Estimated Value: $583,000 - $652,000

5 Beds
2 Baths
2,278 Sq Ft
$275/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $317,000 $139 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,856/month

2 Days on Market

Highlights

  • Balcony
  • Detached Garage
  • Eat-In Kitchen
  • Randall Elementary School Rated A
  • Fireplace
  • 4-minute walk to Bear Mound Park

About This Home

As of May 2017

Sq Ft. info from City Assessor - verify if important. Two car garage with opener rents $75 per side per month. Tenants split MG&E gas and electric 50/50. Walkup attic not part of living space. Upper and lower units rented to new tenants for Aug 16 2017. Tenant Occupied - 24 Notice required for showings. No keys on site. Must arrange to get keys from Listing office.

Last Agent to Sell the Property

Peter Korotev

South Central Non-Member License #47849-90 Listed on: 05/01/2017

Last Buyer's Agent

Peter Korotev

South Central Non-Member License #47849-90 Listed on: 05/01/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,140

Year Built

  • Built in 1912

Lot Details

  • 6,229

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Detached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Heating System Uses Steam
  • Water Softener is Owned

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-223-2414-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,140

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Included: Washer and Dryer in basement
  • Miscellaneous: Shared laundry, Water Softener Owned
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Steam

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached, Opener inc

Schools

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

Lot Info

  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 28020

Tax Info

  • Net Taxes: 7140
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-223-2414-3

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
May 30, 2017
Sold by
Johnson Bank
Bought by
Jefferson Edge Apartments Llc
Seller's Agent
Peter Korotev
South Central Non-Member
Buyer's Agent
Peter Korotev
South Central Non-Member
List Price
$310,000
Sold Price
$317,000
Premium/Discount to List
$7,000
2.26%
Current Estimated Value
$622,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,501
Avg. Annual Appreciation
8.15%
Original Mortgage
$253,600
Outstanding Balance
$210,942
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$414,787

Purchase Details

Closed on
May 25, 1993
Sold by
Chase Allen H
Bought by
Chase Allen H and Revocable Trust Agrweement
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
Jefferson Edge Apartments Llc $317,000 None Available
Chase Allen H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jefferson Edge Apartments Llc $253,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2017 05/30/17 Sold $317,000 +2.3% $139 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $310,000 -- $136 / 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 $8,177 $452,200 $193,400 $258,800
2022 $16,265 $414,700 $177,400 $237,300
2021 $7,875 $370,300 $158,400 $211,900
2020 $7,625 $342,900 $158,400 $184,500
2019 $7,430 $332,900 $153,800 $179,100
2018 $7,061 $317,000 $153,800 $163,200
2017 $7,300 $316,300 $137,300 $179,000
2016 $7,140 $301,200 $128,300 $172,900
2015 $6,934 $275,800 $114,300 $161,500
2014 $6,604 $275,800 $114,300 $161,500
2013 $6,277 $275,800 $114,300 $161,500
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Peter Korotev

    South Central Non-Member

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1801896

South Central Wisconsin Multiple Listing Service

APN: 0709-223-2414-3

Wisconsin Dane County Madison 53711 Vilas

1704 Jefferson St, Madison, WI

Not Listed for Sale

MultiFamily

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