NOT LISTED FOR SALE

201 S Bassett St Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $696,000 - $729,000

5 Beds
3 Baths
2,498 Sq Ft
$287/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $665,000 $266 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,325/month

18 Days on Market

Highlights

  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • Forced Air Heating and Cooling System
  • Hamilton Middle School Rated A
  • Property is near a bus stop
  • 4-minute walk to Brittingham Park

About This Home

As of April 2024

Showings begin 3/8. This fully rented, 3-unit property is the ideal opportunity for a seasoned or aspiring investor. You’ll have peace of mind knowing all three kitchens AND bathrooms have been recently updated (2019), the furnace is newer (2022), and the garage roof was replaced within the past year (2023). Within walking distance to the UW-Madison campus, Lake Monona, and attractions along State Street & the Capitol Square, this property is truly in the heart of Madison. The garage spot is an additional charge of $50/month and the coin-op washer & dryer generates about $100/mo. Don’t miss the opportunity!

Last Agent to Sell the Property

Lane Manning

Realty Executives Cooper Spransy License #59089-90 Listed on: 02/24/2024

Realty Executives Cooper Spransy

Last Buyer's Agent

Chas Martin

Sprinkman Real Estate License #57744-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,906

Year Built

  • Built in 1904

Lot Details

  • 2,439

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Individual Controls for Heating
  • High Speed Internet

Additional Features

  • 2,439 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 3 Units
  • Net Operating Income $19,514

Listing and Financial Details

  • Assessor Parcel Number 070923131183

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,906

Year Built

Built in 1904

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 Excluded: Seller and Tenants Personal Property
  • Items Included: 3 Refrigerators, 3 Range/Ovens, 1 Washer, 1 Dryer, 1 Funance, 2 Mitsubishi Heat/AC Units, & all Associated Mechanical Elements
  • Miscellaneous: Close to bus line, Internet - Cable, Internet - DSL
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Units W Ac: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached

Fee Information

  • Total Expenses: 28938

Schools

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

Lot Info

  • Estimated Aces: 0.056
  • Zoning: DR2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 48452

Tax Info

  • Net Taxes: 8906
  • Tax Year: 2023
  • Assessor Parcel Number: 070923131183

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 2
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2025
Sold by
Hsu Kuo-Tung and Wu Ying Lien
Bought by
Olah Trust and Hsu
Current Estimated Value
$716,638

Purchase Details

Listed on
Feb 24, 2024
Closed on
Apr 26, 2024
Sold by
Oks Properties Llc
Bought by
Hsu Kuo-Tung and Wu Ying Lien
Seller's Agent
Lane Manning
Realty Executives Cooper Spransy
Buyer's Agent
Chas Martin
Sprinkman Real Estate
List Price
$625,000
Sold Price
$665,000
Premium/Discount to List
$40,000
6.4%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$498,750
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2015
Sold by
Seibel Oscar E and Seibel Karen L
Bought by
Oks Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Olah Trust -- None Listed On Document
Hsu Kuo-Tung $665,000 None Listed On Document
Oks Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hsu Kuo-Tung $498,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $665,000 +6.4% $266 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $625,000 -6.0% $250 / Sq Ft
02/27/2024 02/27/24 Off Market $665,000 -- --
02/24/2024 02/24/24 For Sale $625,000 -- $250 / 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 $18,474 $526,500 $93,800 $432,700
2023 $8,907 $492,100 $93,800 $398,300
2021 $9,511 $446,400 $89,300 $357,100
2020 $8,643 $388,200 $86,700 $301,500
2019 $8,260 $369,700 $66,300 $303,400
2018 $8,248 $369,700 $66,300 $303,400
2017 $8,546 $369,700 $66,300 $303,400
2016 $8,361 $352,100 $60,300 $291,800
2015 $8,041 $319,300 $60,300 $259,000
2014 $7,658 $319,300 $60,300 $259,000
2013 $7,065 $310,000 $56,900 $253,100
Source: Public Records

Agents Affiliated with this Home

  • Lane Manning

    Seller's Agent in 2024

    Lane Manning

    Realty Executives

    (608) 535-5131

    2 in this area

    62 Total Sales

    Lane Manning
    Section Image
  • Chas Martin

    Buyer's Agent in 2024

    Chas Martin

    Sprinkman Real Estate

    (608) 334-9042

    23 in this area

    358 Total Sales

    Chas Martin
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1971720

South Central Wisconsin Multiple Listing Service

APN: 0709-231-3118-3

Wisconsin Dane County Madison 53703 Downtown Madison

201 S Bassett St, Madison, WI

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes