NOT LISTED FOR SALE

214 N Baldwin St Unit A Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $508,000 - $704,000

4 Beds
2 Baths
1,756 Sq Ft
$327/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $242,145 $138 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $4,528/month

11 Days on Market

Highlights

  • Balcony
  • ENERGY STAR Qualified Appliances
  • Water Softener is Owned
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of September 2013

Sold price is COMPLEX. The sold price of $242,145.22 included the roof with 4 layers (bid of $8000), all the old windows ($5,000) and doors that need to be replaced, but established “as is”. There is a Seller concession of $3000 based on the inspection. Furthermore, the Buyer is a Realtor and reduced the incentive success fee/commission to $2,409.72 from the 3.0% on MLS. The sold price was equivalent to about $260,000 depending on how one figures things.

Last Agent to Sell the Property

Hiam Garner

First Weber Inc License #41046-94 Listed on: 08/06/2013

First Weber Inc

Last Buyer's Agent

Tim Okins

Dane County Realty License #60294-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,638

Year Built

  • Built in 1886

Lot Details

  • 5,009

Home Design

  • Duplex
  • Wood Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • ENERGY STAR Qualified Appliances

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Schools

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

Utilities

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

Additional Features

  • Washer and Dryer
  • Balcony

Community Details

  • 2 Units
  • Laundry Facilities
  • Net Operating Income $25,300

Listing and Financial Details

  • Assessor Parcel Number 0709-131-0517-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,638

Year Built

Built in 1886

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, SingleFam zoned MultiFam
  • Miscellaneous: Shared laundry, Water Softener Owned
  • Noi Year: 2013
  • Year Built: 1886
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Crawl space
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood, Fiber Cement

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces

Fee Information

  • Total Expenses: 500

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

  • Zoning: TR-VI
  • Geo Subdivision: WI

Green Features

  • Energy Efficient Green: Energy Star Appliance(s)

Rental Info

  • Total Income: 25800

Tax Info

  • Land Assessment: 58800
  • Improvements: 136000
  • Total Assessment: 194800
  • Assessment year: 2013
  • Net Taxes: 4638
  • Tax Year: 2012
  • Assessor Parcel Number: 0709-131-0517-2

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2013
Closed on
Sep 27, 2013
Sold by
Bailey Stuart M and Malmgren Ryan M
Bought by
Northbaldwin Llc
Seller's Agent
Hiam Garner
First Weber Inc
Buyer's Agent
Tim Okins
Dane County Realty
List Price
$265,000
Sold Price
$242,145
Premium/Discount to List
-$22,855
-8.62%
Total Days on Market
11
Current Estimated Value
$573,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,273
Avg. Annual Appreciation
9.42%
Original Mortgage
$200,000
Interest Rate
4.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2012
Sold by
Bailey Leslie F
Bought by
Bailey Stuart M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2007
Sold by
Malmgren Kimber W
Bought by
Malmgren Ryan M and Bailey Leslie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 25, 2006
Sold by
214 N Baldwin Llc
Bought by
Malmgren Ryan M and Malmgren Kimber W

Purchase Details

Closed on
Mar 23, 2005
Sold by
Wiedenhoeft Nicholas and Wiedenhoeft Nicholas K
Bought by
214 N Baldwin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.64%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Northbaldwin Llc $242,200 None Available
Bailey Stuart M -- None Available
Malmgren Ryan M -- None Available
Malmgren Ryan M -- None Available
214 N Baldwin Llc $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Northbaldwin Llc $200,000
Previous Owner Bailey Stuart M $184,000
Previous Owner Malmgren Ryan M $248,000
Previous Owner 214 N Baldwin Llc $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2013 09/30/13 Sold $242,145 -8.6% $138 / Sq Ft
08/17/2013 08/17/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $265,000 -- $151 / 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 $15,705 $448,300 $102,000 $346,300
2023 $7,571 $419,000 $102,000 $317,000
2021 $8,092 $380,400 $94,400 $286,000
2020 $8,167 $352,200 $88,200 $264,000
2019 $7,620 $326,100 $80,200 $245,900
2018 $7,270 $310,600 $77,100 $233,500
2017 $6,872 $282,400 $77,100 $205,300
2016 $6,406 $256,700 $71,400 $185,300
2015 $5,786 $242,200 $61,200 $181,000
2014 $5,790 $242,200 $61,200 $181,000
2013 $4,412 $194,800 $58,800 $136,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1693680

South Central Wisconsin Multiple Listing Service

APN: 0709-131-0517-2