$852,000
SOLD JUN 4, 2025
-- Bed
-- Bath
3,816 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$223 Per Sq Ft

7% Above List Price

7 Days on Market

Highlights

  • River Front
  • Property is near a bus stop
  • Water Softener is Owned
  • Wood Flooring
  • Outdoor Storage
  • Dining Room

About This Home

As of June 2025

Well maintained brick four unit with tremendous opportunities for rent growth. Family owned and managed for 40+ years. 4 identical 2 bedroom units with well maintained (many original) finishes. Terrazzo entry and stairs, hardwood floors throughout. Vinyl windows, views of Yahara River and Tenney Park Lagoon. Clean and accessible basement storage, common laundry and full bathroom. For additional info contact Ben Anton at 608-513-9757 or Ben@LauerRealtyGroup.com.

Last Agent to Sell the Property

Ben Anton

Lauer Realty Group, Inc. License #53852-90 Listed on: 03/06/2025

Last Buyer's Agent

Will Jackson

Compass Real Estate Wisconsin License #83359-94

Compass Real Estate Wisconsin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,866

Year Built

  • Built in 1946

Lot Details

  • 6,098 Sq Ft Lot
  • River Front

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Low Emissivity Windows
  • Family Room
  • Dining Room
  • Wood Flooring
  • Water Views
  • Oven or Range

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Shared Basement
  • Block Basement Construction

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned
  • High Speed Internet
  • Internet Available

Additional Features

  • Outdoor Storage
  • Property is near a bus stop

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-124-0201-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,866

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Seller's/Tenants personal property.
  • Items Included: See Add. R.
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Internet - Cable, Internet -Fiber Available
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard, Block foundation, Sump pump
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Waterfront: Waterview-No frontage, River
  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, Outside
  • 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: 0.14
  • Zoning: TR-V1
  • Geo Subdivision: WI

Green Features

  • Energy Efficient Green: Low E Windows

Rental Info

  • Total Income: 4435

Tax Info

  • Land Assessment: 106000
  • Improvements: 569000
  • Total Assessment: 675000
  • Assessment year: 2024
  • Net Taxes: 11866
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-124-0201-6

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Jun 4, 2025
Sold by
Ammerman Karen Schappe and Schappe Karen Ammerman
Bought by
Hey Laura Vande
Seller's Agent
Ben Anton
Lauer Realty Group, Inc.
Buyer's Agent
Will Jackson
Compass Real Estate Wisconsin
List Price
$799,000
Sold Price
$852,000
Premium/Discount to List
$53,000
6.63%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-78.72%
Original Mortgage
$639,000
Outstanding Balance
$639,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$149,573
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 Type Sale Price Title Company
Warranty Deed $852,000 Knight Barry Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $639,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Sold $852,000 +6.6% $223 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $799,000 -- $209 / 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 $23,732 $675,000 $106,000 $569,000
2023 $11,062 $610,000 $96,000 $514,000
2021 $10,728 $503,000 $79,000 $424,000
2020 $10,186 $456,900 $78,500 $378,400
2019 $9,731 $434,900 $78,500 $356,400
2018 $9,243 $413,900 $78,500 $335,400
2017 $9,577 $413,900 $78,500 $335,400
2016 $9,363 $393,900 $71,500 $322,400
2015 $9,000 $356,900 $71,500 $285,400
2014 $8,569 $356,900 $71,500 $285,400
2013 $7,915 $346,900 $71,500 $275,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1994667

South Central Wisconsin Multiple Listing Service

APN: 0709-124-0201-6