NOT LISTED FOR SALE

207 & 207-1/2 N Frances St Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $548,000 - $1,320,167

8 Beds
6 Baths
2,540 Sq Ft
$319/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $677,500 $267 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,272/month

270 Days on Market

Highlights

  • Balcony
  • Fireplace
  • Property is near a bus stop
  • Hamilton Middle School Rated A
  • Accessible Bedroom
  • Forced Air Heating and Cooling System

About This Home

As of March 2017

Don't miss this opportunity to own a fantastic piece of downtown Madison development property. 2 stand alone houses (5BR and 3BR) near UW Campus/Kohl Center area that are zoned for some of the highest density housing in the City of Madison. Properties are fully rented until 8/15/18, easy to rent, show well, and offer a strong rental history that will carry the costs of ownership while your development plans move forward. Cash in on the insatiable demand to live in downtown Madison. Serious buyers only.

Last Agent to Sell the Property

Matt McGrady

The McGrady Group, LLC License #53795-90 Listed on: 04/22/2016

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,600

Year Built

  • Built in 1861

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Low Emissivity Windows
  • Family Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Driveway Level
  • On-Street Parking
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Accessible Bedroom
  • Balcony
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-232-1212-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,600

Year Built

Built in 1861

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, SingleFam zoned MultiFam
  • Barrier Free: First floor bedroom, Level drive, Level lot
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Noi Year: 2017
  • Year Built: 1861
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 3
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Wood

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Estimated Aces: 0.09
  • Zoning: UMX
  • Geo Subdivision: WI

Green Features

  • Energy Efficient Green: Low E Windows

Rental Info

  • Total Income: 5540

Tax Info

  • Land Assessment: 103000
  • Improvements: 332300
  • Total Assessment: 435300
  • Assessment year: 2016
  • Net Taxes: 10600
  • Tax Year: 2015
  • Assessor Parcel Number: 0709-232-1212-3

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Behnke Jason and Behnke Sarah
Bought by
Jsb Real Estate Investments Llc
Current Estimated Value
$890,153

Purchase Details

Closed on
Dec 16, 2021
Sold by
Jason Behnke
Bought by
Behnke Jason and Behnke Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2017
Sold by
Behnke Jason J and Behnke Shawb R
Bought by
Jsb Real Estate Investments Llc

Purchase Details

Listed on
Apr 22, 2016
Closed on
Mar 16, 2017
Sold by
Minkman Llc
Bought by
Behnke Jason J and Behnke Shawn R
Seller's Agent
Matt McGrady
The McGrady Group, LLC
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$792,000
Sold Price
$677,500
Premium/Discount to List
-$114,500
-14.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
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
Jsb Real Estate Investments Llc -- --
Behnke Jason -- None Listed On Document
Jsb Real Estate Investments Llc -- None Available
Behnke Jason J $440,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Behnke Shawn $326,250
Previous Owner Itsa Minkman Llc $171,000
Previous Owner Itsa Minkman Llc $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2017 03/20/17 Sold $677,500 -14.5% $267 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
04/22/2016 04/22/16 For Sale $792,000 -- $312 / 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 $17,054 $486,400 $90,400 $396,000
2023 $8,144 $450,400 $90,400 $360,000
2021 $8,219 $386,300 $90,400 $295,900
2020 $8,346 $375,000 $87,800 $287,200
2019 $8,380 $375,000 $84,700 $290,300
2018 $8,660 $388,000 $70,600 $317,400
2017 $5,842 $253,800 $70,600 $183,200
2016 $5,664 $230,700 $64,200 $166,500
2015 $5,508 $230,700 $64,200 $166,500
2014 $5,511 $230,700 $64,200 $166,500
2013 $5,238 $230,700 $64,200 $166,500
Source: Public Records

Agents Affiliated with this Home

  • Matt McGrady

    Seller's Agent in 2017

    Matt McGrady

    The McGrady Group, LLC

    (608) 772-3640

    10 in this area

    359 Total Sales

    Section Image

  • S

    Buyer's Agent in 2017

    SCWMLS Non-Member

    South Central Non-Member

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1773319

South Central Wisconsin Multiple Listing Service

APN: 0709-232-1212-3

Wisconsin Dane County Madison 53703 Downtown Madison

207 & 207-1/2 N Frances St, Madison, WI

This home is located at 207 & 207-1/2 N Frances St, Madison, WI 53703 since 22 April 2016 and is currently estimated at $809,042, approximately $318 per square foot. This property was built in 1861. 207 & 207-1/2 N Frances St is a home located in Dane County with nearby schools including Franklin Elementary School, Hamilton Middle School, and West High School.

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.

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