NOT LISTED FOR SALE

1717 Winchester St Unit 1 Madison, WI 53704

Sherman Neighborhood

Estimated Value: $374,000 - $484,000

4 Beds
2 Baths
1,690 Sq Ft
$244/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $354,500 $210 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,729/month

6 Days on Market

About This Home

As of October 2022

Looking for a great investment opportunity? Then consider this well-maintained, 2 unit property located on a quiet street on the NE side with easy access to downtown and other amenities. Both 2 BR, 1 BA units have a separate entrance and laundry area. A shared 2 car garage with extra storage space plus a yard with vegetable garden are definitely a plus. Light-filled rooms and remodeled, well-equipped kitchens and bathrooms plus wood/tile floors throughout create comfortable living spaces to attract renters and accommodate a variety of needs. Built in 1928, this home has both character and updated finishes – a perfect combination! Check this one out!

Last Agent to Sell the Property

Gerardo Jimenez

Sprinkman Real Estate License #52378-90 Listed on: 08/22/2022

Last Buyer's Agent

Gerardo Jimenez

Sprinkman Real Estate License #52378-90 Listed on: 08/22/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,676

Year Built

  • Built in 1928

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • Garage Door Opener

Schools

  • Mendota Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units
  • Net Operating Income $23,500

Listing and Financial Details

  • Assessor Parcel Number 0810-312-0319-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,676

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Items Excluded: Seller's personal items
  • Items Included: All appliances (including 2 washer and dryers) and seller's personal property used to maintain.
  • Noi Year: 2022
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished
  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 12500

Schools

  • School District: Madison
  • Elementary School: Mendota
  • Middle School: Sherman
  • High School: East
  • Elementary School: Mendota
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.11
  • Zoning: R3
  • Geo Subdivision: WI

Rental Info

  • Total Income: 36000

Tax Info

  • Land Assessment: 49800
  • Improvements: 255700
  • Total Assessment: 305500
  • Assessment year: 2022
  • Net Taxes: 5676
  • Tax Year: 2021
  • Assessor Parcel Number: 0810-312-0319-4

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Oct 28, 2022
Sold by
Holmen Matthew
Bought by
Koz Properties Llc
Seller's Agent
Gerardo Jimenez
Sprinkman Real Estate
Buyer's Agent
Gerardo Jimenez
Sprinkman Real Estate
List Price
$349,500
Sold Price
$354,500
Premium/Discount to List
$5,000
1.43%
Total Days on Market
6
Current Estimated Value
$412,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,177
Avg. Annual Appreciation
4.21%

Purchase Details

Listed on
Sep 11, 2020
Closed on
Nov 6, 2020
Sold by
Moore Timothy J and Moore Linda S
Bought by
Holmen Matthew
Seller's Agent
Eric Breidel
Investment Realty Services LLC
Buyer's Agent
Gerardo Jimenez
Sprinkman Real Estate
List Price
$254,900
Sold Price
$268,000
Premium/Discount to List
$13,100
5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.17%
Original Mortgage
$201,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2006
Sold by
Novak Todd M and Fitzgibbon Bridget K
Bought by
Moore Timothy J and Moore Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Koz Properties Llc $354,500 --
Holmen Matthew $268,000 First American Title
Moore Timothy J $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmen Matthew $201,000
Previous Owner Moore Timothy J $120,000
Previous Owner Moore Timothy J $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $354,500 +1.4% $210 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $349,500 -1.4% $207 / Sq Ft
08/22/2022 08/22/22 Off Market $354,500 -- --
11/06/2020 11/06/20 Sold $268,000 +5.1% $159 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $254,900 -4.9% $151 / Sq Ft
09/14/2020 09/14/20 Off Market $268,000 -- --
09/11/2020 09/11/20 For Sale $254,900 -- $151 / 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 $12,384 $354,500 $59,700 $294,800
2023 $6,392 $354,500 $55,800 $298,700
2021 $5,676 $268,000 $43,700 $224,300
2020 $4,511 $204,300 $40,500 $163,800
2019 $4,439 $200,300 $38,600 $161,700
2018 $4,433 $200,300 $38,600 $161,700
2017 $4,169 $182,100 $35,100 $147,000
2016 $3,926 $167,100 $35,100 $132,000
2015 $3,968 $167,100 $35,100 $132,000
2014 $3,971 $167,100 $35,100 $132,000
2013 $3,852 $163,800 $34,400 $129,400
Source: Public Records

Agents Affiliated with this Home

  • Gerardo Jimenez

    Seller's Agent in 2022

    Gerardo Jimenez

    Sprinkman Real Estate

    (608) 469-6651

    2 in this area

    152 Total Sales

    Gerardo Jimenez
    Section Image
  • Eric Breidel

    Seller's Agent in 2020

    Eric Breidel

    Investment Realty Services LLC

    (608) 332-3337

    1 in this area

    90 Total Sales

    Eric Breidel
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1941975

South Central Wisconsin Multiple Listing Service

APN: 0810-312-0319-4

Wisconsin Dane County Madison 53704 Sherman

1717 Winchester St Unit 1, Madison, WI

This home is located at 1717 Winchester St Unit 1, Madison, WI 53704 since 22 August 2022 and is currently estimated at $412,677, approximately $244 per square foot. This property was built in 1928. 1717 Winchester St Unit 1 is a home located in Dane County with nearby schools including Mendota Elementary School, Sherman Middle School, and East High School.

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South Central Wisconsin Multiple Listing Service 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.

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