NOT LISTED FOR SALE

1968 E Main St Unit 1 Madison, WI 53704

Atwood Neighborhood

Estimated Value: $374,000 - $407,000

4 Beds
2 Baths
1,618 Sq Ft
$240/Sq Ft Est. Value

Last Sold January 04, 2017

Last sale price $222,500 $138 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,422/month

Highlights

  • Eat-In Kitchen
  • Family Room
  • Laundry Facilities
  • Forced Air Heating System

About This Home

As of January 2017

Nice 2 flat located just one block from Atwood Ave and just minutes from Downtown. Both units # 1 & #2 are 809 sq.ft. with 2 bedrooms, 1 full bath and leased out at $1,005/month each. Washer and dryer on site are leased. NO SHOWINGS BEFORE 12PM or AFTER 6PM. NO SHOWINGS ON SUNDAYS. Please request showings from 12pm-6pm only.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 09/26/2016

Last Buyer's Agent

Tom Christensen

South Central Non-Member License #29381-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,175

Year Built

  • Built in 1909

Lot Details

  • 5,271

Parking

  • Outside Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 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
  • Water Softener Leased

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-063-1238-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,175

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story, 2 flat-up and down
  • Miscellaneous: Shared laundry, Water Softener Rented
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside

Schools

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

Lot Info

  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 24120

Tax Info

  • Net Taxes: 4175
  • Tax Year: 2015
  • Assessor Parcel Number: 0710-063-1238-5

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2016
Closed on
Jan 4, 2017
Sold by
Orton Park Llc
Bought by
Pedretti Properties 1968 Llc
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Tom Christensen
South Central Non-Member
List Price
$239,900
Sold Price
$222,500
Premium/Discount to List
-$17,400
-7.25%
Current Estimated Value
$387,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,209
Avg. Annual Appreciation
6.50%
Original Mortgage
$183,175
Outstanding Balance
$150,996
Interest Rate
4.13%
Mortgage Type
Commercial
Estimated Equity
$236,713

Purchase Details

Closed on
Apr 20, 2012
Sold by
1968 East Main Street Llc
Bought by
Orton Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$941,625
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2006
Sold by
1968 East Main Street Llc
Bought by
Punzel Jason and Thiry Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 16, 2006
Sold by
Punzel Jason and Thirty Steven A
Bought by
1968 East Main Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 10, 2006
Sold by
Simmons Thomas J
Bought by
1968 E Main Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,748
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving
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
Pedretti Properties 1968 Llc $222,500 None Available
Orton Park Llc $150,400 None Available
Punzel Jason -- --
1968 East Main Street Llc -- None Available
1968 E Main Street Llc $185,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedretti Properties 1968 Llc $183,175
Previous Owner Orton Park Llc $941,625
Previous Owner Punzel Jason $190,400
Previous Owner 1968 E Main Street Llc $185,748
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2017 01/04/17 Sold $222,500 -7.3% $138 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $239,900 -- $148 / 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 $11,836 $339,000 $72,100 $266,900
2023 $5,702 $316,800 $72,100 $244,700
2021 $5,169 $244,400 $63,600 $180,800
2020 $5,005 $226,300 $58,900 $167,400
2019 $4,782 $215,500 $52,100 $163,400
2018 $4,776 $215,500 $52,100 $163,400
2017 $4,673 $203,700 $43,400 $160,300
2016 $4,571 $194,000 $43,400 $150,600
2015 $4,176 $170,600 $43,400 $127,200
2014 $4,055 $170,600 $43,400 $127,200
2013 $4,343 $164,000 $41,700 $122,300
Source: Public Records

Agents Affiliated with this Home

  • James Stopple

    Seller's Agent in 2017

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    4 in this area

    90 Total Sales

    James Stopple
    Section Image

  • T

    Buyer's Agent in 2017

    Tom Christensen

    South Central Non-Member

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1787281

South Central Wisconsin Multiple Listing Service

APN: 0710-063-1238-5

Wisconsin Dane County Madison 53704 Atwood

1968 E Main St Unit 1, Madison, WI

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