NOT LISTED FOR SALE

210 N Paterson St Unit 1 Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $390,000 - $920,000

2 Beds
2 Baths
1,444 Sq Ft
$401/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $405,000 $280 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,251/month

6 Days on Market

About This Home

As of November 2023

Urban living at its finest! This 2-unit building offers two thoughtfully designed 1 Bedroom, 1 Bath residences, each with its own unique layout and delightful screened-in porch. Situated in the heart of downtown, close to dining, shopping, parks, entertainment and easy access in and out of the city. Each unit has its own private entry and is bright, spacious and full of charm and character with beautiful hardwood floors throughout. The basement includes storage space and Laundry. The detached 2-car garage offers plenty of space for parking or additional storage. Whether you’re seeking an income generating investment property or a home in the heart of Madison with the potential for rental income, this property has it all!

Last Agent to Sell the Property

The 608 Team

EXP Realty, LLC Listed on: 09/26/2023

EXP Realty, LLC

Last Buyer's Agent

Ashley Jacobs

Real Broker LLC License #81452-94

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,995

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-132-1023-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,995

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Items Excluded: Tenant and Seller's Personal Property
  • Items Included: Range/Oven (2), Refrigerator (2), Dishwasher, Washer/Dryer, Some Window Coverings
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 1
  • Number Water Heaters: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached
  • Utilities: Separate elec meters

Schools

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

Lot Info

  • Estimated Aces: 0.08
  • Zoning: TR-V1
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 94000
  • Improvements: 237300
  • Total Assessment: 331300
  • Assessment year: 2023
  • Net Taxes: 5995
  • Tax Year: 2022
  • Assessor Parcel Number: 0709-132-1023-6

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Nov 30, 2023
Sold by
Scott Richard
Bought by
Mad Dwellings Llc
Seller's Agent
The 608 Team
EXP Realty, LLC
Buyer's Agent
Ashley Jacobs
Real Broker LLC
List Price
$379,900
Sold Price
$405,000
Premium/Discount to List
$25,100
6.61%
Total Days on Market
6
Views
205
Current Estimated Value
$578,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,571
Avg. Annual Appreciation
26.64%
Original Mortgage
$251,000
Outstanding Balance
$247,954
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$330,617
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
Mad Dwellings Llc $405,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mad Dwellings Llc $251,000
Previous Owner Scott Richard D $21,767
Previous Owner Scott Richard D $21,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $405,000 +6.6% $280 / Sq Ft
10/11/2023 10/11/23 For Sale $379,900 -6.2% $263 / Sq Ft
09/26/2023 09/26/23 Off Market $405,000 -- --
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 $14,172 $405,000 $94,000 $311,000
2023 $5,968 $331,300 $94,000 $237,300
2021 $6,196 $292,200 $87,000 $205,200
2020 $6,001 $270,600 $81,300 $189,300
2019 $5,574 $250,600 $73,900 $176,700
2018 $5,298 $238,700 $71,100 $167,600
2017 $4,984 $217,000 $71,100 $145,900
2016 $4,650 $197,300 $65,800 $131,500
2015 $4,428 $186,100 $56,400 $129,700
2014 $4,431 $186,100 $56,400 $129,700
2013 $4,045 $178,900 $54,200 $124,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    The 608 Team

    EXP Realty, LLC

    (608) 535-9695

    6 in this area

    644 Total Sales

    The 608 Team
    Section Image
  • Ashley Jacobs

    Buyer's Agent in 2023

    Ashley Jacobs

    Real Broker LLC

    (608) 217-0537

    1 in this area

    214 Total Sales

    Ashley Jacobs
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1964655

South Central Wisconsin Multiple Listing Service

APN: 0709-132-1023-6

Wisconsin Dane County Madison 53703 Tenney-Lapham

210 N Paterson St Unit 1, Madison, WI

This home is located at 210 N Paterson St Unit 1, Madison, WI 53703 since 26 September 2023 and is currently estimated at $578,571, approximately $400 per square foot. This property was built in 1925. 210 N Paterson St Unit 1 is a home located in Dane County with nearby schools including Lapham Elementary School, O'Keeffe Middle, and East 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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