NOT LISTED FOR SALE

200 S Henry St Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $676,000 - $855,000

6 Beds
6 Baths
3,873 Sq Ft
$200/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $723,692 $187 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,863/month

319 Days on Market

Highlights

  • Property is near a bus stop
  • Water Softener is Owned
  • Laundry Facilities
  • Hamilton Middle School Rated A
  • Heating System Uses Steam
  • 4-minute walk to Brittingham Park

About This Home

As of January 2023

4 unit investment opportunity! Fully occupied 3 flat with 4 rental units (fully leased until 8/14/2023) available in downtown Madison, WI. 200 S Henry St. 1F has a new lease starting 8/16/2022 the other three units have renewed their current lease until 8/14/2023. $58,020 in gross rent with tenants paying electric and gas. Laundry is onsite for tenant use. Located near State St., capitol square, commuter bike path, scores of restaurants, shopping options and so much more.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 01/20/2022

Co-Listed By

Tony Xiong

Madison Property Management, Inc. License #69875-94

Last Buyer's Agent

Brandon Grosse

Accord Realty License #54913-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,275

Year Built

  • Built in 1912

Lot Details

  • 2,178

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

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

Utilities

  • Heating System Uses Steam
  • Water Softener is Owned

Additional Features

  • 3-Story Property
  • 2,178 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 070923127067

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,275

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: 3 story
  • Items Excluded: Sellers and tenants personal property
  • Items Included: 4 refrigerators, 4 stoves/ovens, 2 dishwashers, 2 water heaters, 2 boiler systems, 1 water softener, 1 washer, 1 dryer.
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Block foundation
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Steam

Utilities

  • Water Waste: Municipal water, Municipal sewer

Schools

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

Lot Info

  • Estimated Aces: 0.05
  • Zoning: PD

Rental Info

  • Total Income: 58020

Tax Info

  • Net Taxes: 12275
  • Tax Year: 2021
  • Assessor Parcel Number: 070923127067

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 2
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Jan 13, 2023
Sold by
Kriefski Michael
Bought by
Noeliex Llc
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Brandon Grosse
Accord Realty
List Price
$819,000
Sold Price
$723,692
Premium/Discount to List
-$95,308
-11.64%
Views
56
Current Estimated Value
$774,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,641
Avg. Annual Appreciation
2.39%

Purchase Details

Closed on
Jan 30, 2018
Sold by
Lawinger Gregory P and Lawinger Darlys K
Bought by
Kriefski Michael and Keiefski Theresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Noeliex Llc $723,700 First American Title
Kriefski Michael $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kriefski Michael $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $723,692 -7.2% $187 / Sq Ft
11/30/2022 11/30/22 Price Changed $779,900 -0.6% $201 / Sq Ft
08/01/2022 08/01/22 Price Changed $784,900 -1.3% $203 / Sq Ft
05/25/2022 05/25/22 Price Changed $795,000 -2.2% $205 / Sq Ft
03/29/2022 03/29/22 Price Changed $812,900 -0.7% $210 / Sq Ft
01/20/2022 01/20/22 For Sale $819,000 -- $211 / 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 $30,481 $723,000 $106,000 $617,000
2023 $14,147 $723,000 $96,000 $627,000
2021 $12,276 $575,000 $79,000 $496,000
2020 $12,840 $575,000 $79,100 $495,900
2019 $12,891 $575,000 $79,100 $495,900
2018 $12,272 $548,400 $79,100 $469,300
2017 $12,715 $548,400 $79,100 $469,300
2016 $12,443 $522,400 $72,100 $450,300
2015 $11,966 $473,400 $72,100 $401,300
2014 $11,391 $473,400 $72,100 $401,300
2013 $10,507 $459,400 $72,100 $387,300
Source: Public Records

Agents Affiliated with this Home

  • James Stopple

    Seller's Agent in 2023

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    9 in this area

    92 Total Sales

    James Stopple
    Section Image
  • Tony Xiong

    Seller Co-Listing Agent in 2023

    Tony Xiong

    Madison Property Management, Inc.

    (608) 347-7842

    8 in this area

    66 Total Sales

    Tony Xiong
    Section Image
  • Brandon Grosse

    Buyer's Agent in 2023

    Brandon Grosse

    Accord Realty

    (608) 577-9860

    20 in this area

    153 Total Sales

    Brandon Grosse
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1926373

South Central Wisconsin Multiple Listing Service

APN: 0709-231-2706-7

Wisconsin Dane County Madison 53703 Downtown Madison

200 S Henry St, Madison, WI

Not Listed for Sale

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