NOT LISTED FOR SALE

221 N Pinckney St Unit 2 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $585,000 - $693,000

7 Beds
5 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold May 29, 2024

Last sale price $580,000

Est. 8% increase in value since last sale

Current estimated payment $4,145/month

14 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Family Room
  • Fireplace
  • Property is near a bus stop
  • 1-minute walk to Period Garden Park

About This Home

As of May 2024

Remarks and property info. revised 3/28/24 at 3:30 pm. Central Madison 4-Unit in Mansion Hill District. Long term owners have left 2 units vacant, one other month-to-month. Pick your own residents! Hardwood wood floors, decorative fireplace, front porch and a location only two blocks to Capitol Square! Perfect for those that want to refresh kitchen and baths utilizing sweat equity. Possibility of one off-street parking stall. Inherited property with an Estate owning 1/2 and individual owning 1/2. Price reflects work needed and is only 10.04 x projected gross income of $69,600 (2 units at $900/mo. / 1 at $1,000/mo. / 4 bed at $3,000/mo.)

Last Agent to Sell the Property

David Keller

Keller Real Estate, LLC License #40158-90 Listed on: 03/20/2024

Last Buyer's Agent

Paul Haviland

Stark Company, REALTORS License #57800-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,696

Year Built

  • Built in 1889

Lot Details

  • 2,614

Home Design

  • Wood Siding

Interior Spaces

  • Fireplace
  • Family Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Open Parking Space
  • On-Street Parking

Schools

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

Additional Features

  • 2,614 Sq Ft Lot
  • Property is near a bus stop
  • Radiant Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 070914414100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,696

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Residents personal property.
  • Items Included: Appliances on site.
  • Miscellaneous: Close to bus line
  • Year Built: 1889
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard
  • Number Furnaces: 1
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Water Heaters: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 1

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space

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: 0.06
  • Zoning: DR1,HIS-MH

Tax Info

  • Land Assessment: 108000
  • Improvements: 482000
  • Total Assessment: 590000
  • Assessment year: 2023
  • Net Taxes: 10696
  • Tax Year: 2023
  • Assessor Parcel Number: 070914414100

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Efficiencies: 2
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
May 29, 2024
Sold by
Jean L Edwards And George F Edwards 1993 and Devitt Eugene S
Bought by
Pinckney Dayton Corner Llc
Seller's Agent
David Keller
Keller Real Estate, LLC
Buyer's Agent
Paul Haviland
Stark Company, REALTORS
List Price
$699,000
Sold Price
$580,000
Premium/Discount to List
-$119,000
-17.02%
Total Days on Market
14
Views
56
Current Estimated Value
$628,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,333
Avg. Annual Appreciation
8.33%
Original Mortgage
$464,000
Outstanding Balance
$460,170
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$168,163

Purchase Details

Closed on
Dec 30, 2004
Sold by
Edwards Jean L
Bought by
Edwards Jean L and Jean L Edwards And Grorge F Edwards 1993
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
Pinckney Dayton Corner Llc $533,600 Knight Barry Title
Edwards Jean L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinckney Dayton Corner Llc $464,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $580,000 -17.0% --
04/12/2024 04/12/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $699,000 +20.5% --
03/20/2024 03/20/24 Off Market $580,000 -- --
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 $22,847 $650,000 $119,000 $531,000
2023 $13,702 $590,000 $108,000 $482,000
2021 $12,628 $485,000 $89,000 $396,000
2020 $10,541 $446,800 $88,900 $357,900
2019 $11,390 $425,800 $88,900 $336,900
2018 $10,676 $405,800 $88,900 $316,900
2017 $11,371 $405,800 $88,900 $316,900
2016 $11,217 $386,800 $80,900 $305,900
2015 $8,852 $350,800 $80,900 $269,900
2014 $8,421 $350,800 $80,900 $269,900
2013 $7,775 $340,800 $80,900 $259,900
Source: Public Records

Agents Affiliated with this Home

  • David Keller

    Seller's Agent in 2024

    David Keller

    Keller Real Estate, LLC

    (608) 227-6543

    5 in this area

    15 Total Sales

    David Keller
    Section Image
  • Paul Haviland

    Buyer's Agent in 2024

    Paul Haviland

    Stark Company, REALTORS

    (608) 843-4442

    15 in this area

    411 Total Sales

    Paul Haviland
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1973294

South Central Wisconsin Multiple Listing Service

APN: 0709-144-1410-0

Wisconsin Dane County Madison 53703 Downtown Madison

221 N Pinckney St Unit 2, Madison, WI

This home is located at 221 N Pinckney St Unit 2, Madison, WI 53703 since 20 March 2024 and is currently estimated at $628,333. This property was built in 1889. 221 N Pinckney St Unit 2 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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