NOT LISTED FOR SALE

1877 E Main St Unit 1 Madison, WI 53704

Atwood Neighborhood

Estimated Value: $388,762 - $549,000

5 Beds
2 Baths
2,576 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $203,500 $79 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,973/month

Highlights

  • Balcony
  • Eat-In Kitchen
  • Forced Air Heating System
  • Marquette Elementary Rated A-
  • Property is near bus stop
  • Family Room

About This Home

As of September 2015

Nice 2 flat located between the Willy Street & Atwood Ave. area. Currently rented out as a 2 unit with unit #1 having 2 bedrooms and one full bath. On the second floor unit #2 has 2 bedrooms and one full bath. Unit#3 is currently being used as an additional bedroom but could be rented out as an efficiency with the shower being repaired/replaced for additional income.There is parking on the drive way outside, nice hardwood floor throughout in each unit and walking distance to many nearby restaurants/stores.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 09/08/2015

Last Buyer's Agent

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 09/08/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,767

Year Built

  • Built in 1920

Lot Details

  • 4,138

Parking

  • Outside Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Balcony
  • Property is near bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-072-0807-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,767

Year Built

Built in 1920

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
  • Miscellaneous: Shared laundry, Close to bus line
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Brick, Stucco, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 23160

Tax Info

  • Net Taxes: 3767
  • Tax Year: 2014
  • Assessor Parcel Number: 0710-072-0807-0

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
1877Emain Llc
Bought by
Nierengarten David
Current Estimated Value
$477,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$383,642
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$93,799

Purchase Details

Closed on
Mar 18, 2025
Sold by
Nierengarten David M
Bought by
1877Emain Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$383,642
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$93,799

Purchase Details

Listed on
Sep 8, 2015
Closed on
Sep 30, 2015
Sold by
L & K Weber Group Llc
Bought by
Nierengarten David M
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
James Stopple
Madison Property Management, Inc.
List Price
$219,900
Sold Price
$203,500
Premium/Discount to List
-$16,400
-7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%

Purchase Details

Closed on
May 5, 2015
Sold by
Weber Luke and Weber Kathryne
Bought by
L & K Weber Group Llc
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
Nierengarten David $430,700 Res Title
1877Emain Llc -- None Listed On Document
Nierengarten David M $203,500 First American Title
L & K Weber Group Llc -- None Available
Weber Luke -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nierengarten David $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2015 09/30/15 Sold $203,500 -7.5% $79 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $219,900 -- $85 / 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 $14,434 $412,400 $59,700 $352,700
2023 $5,942 $329,900 $59,700 $270,200
2022 $11,716 $299,900 $56,900 $243,000
2021 $6,054 $285,600 $56,900 $228,700
2020 $5,861 $264,400 $52,700 $211,700
2019 $5,601 $251,800 $46,600 $205,200
2018 $5,323 $239,800 $41,600 $198,200
2017 $5,007 $218,000 $34,700 $183,300
2016 $4,803 $203,700 $32,400 $171,300
2015 $4,149 $158,700 $31,800 $126,900
2014 $3,767 $158,700 $31,800 $126,900
2013 $3,474 $154,100 $30,600 $123,500
Source: Public Records

Agents Affiliated with this Home

  • James Stopple

    Seller's Agent in 2015

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    4 in this area

    91 Total Sales

    James Stopple
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1757217

South Central Wisconsin Multiple Listing Service

APN: 0710-072-0807-0

Wisconsin Dane County Madison 53704 Atwood

1877 E Main St Unit 1, Madison, WI

Not Listed for Sale

MultiFamily

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