NOT LISTED FOR SALE

Estimated Value: $602,000 - $726,000

6 Beds
4 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold March 06, 2024

Last sale price $651,000

Est. 2% decrease in value since last sale

Current estimated payment $4,130/month

6 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Balcony
  • Accessible Bedroom
  • 1-minute walk to Period Garden Park

About This Home

As of March 2024

Two blocks to Capitol Square. Easy to rent 4 unit in Mansion Hill Historic District. Off street parking - two stalls ($175 per month for each). Roof replaced in 2021. New boiler this week! Leases for next year out for signatures. Own a piece of Madison's history! Unit #4 rented for august 2024 to August 2025 for $1,040 per month.

Last Agent to Sell the Property

David Keller

Keller Real Estate, LLC License #40158-90 Listed on: 01/20/2024

Last Buyer's Agent

The Hub Team

The Hub Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,514

Year Built

  • Built in 1846

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Open Parking Spaces
  • On-Street Parking
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

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

Utilities

  • Separate Meters
  • High Speed Internet

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • 4 Units
  • The community has rules related to parking rules

Listing and Financial Details

  • Assessor Parcel Number 070914416148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,514

Year Built

Built in 1846

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
  • Barrier Free: First floor bedroom, First floor full bath, Level lot, Low pile or no carpeting
  • Items Excluded: Tenants personal property.
  • Items Included: Appliances and owners personal property used to operate the property.
  • Miscellaneous: Close to bus line, Internet - Cable
  • Year Built: 1846
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Crawl space
  • Number Furnaces: 1
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Water Heaters: 1

Exterior Features

  • Exterior: Wood, Brick

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside, Parking fee
  • 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: DR1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 59820

Tax Info

  • Land Assessment: 145000
  • Improvements: 435000
  • Total Assessment: 580000
  • Assessment year: 2023
  • Net Taxes: 10514
  • Tax Year: 2023
  • Assessor Parcel Number: 070914416148

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 2
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2024
Sold by
Schmitz Ryan N
Bought by
Pinckney Johnson Llc
Current Estimated Value
$640,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$297,941
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$308,717

Purchase Details

Listed on
Jan 20, 2024
Closed on
Mar 6, 2024
Sold by
Cima Downtown Llc
Bought by
Schmitz Ryan N
Seller's Agent
David Keller
Keller Real Estate, LLC
Buyer's Agent
The Hub Team
The Hub Realty
List Price
$650,000
Sold Price
$651,000
Premium/Discount to List
$1,000
0.15%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.72%

Purchase Details

Listed on
May 16, 2016
Closed on
Jul 18, 2016
Sold by
Rhode Nicholas R
Bought by
Cima Downtown Llc
Seller's Agent
Chuck Polenz
ALTUS Commercial Real Estate, Inc.
Buyer's Agent
David Keller
Keller Real Estate, LLC
List Price
$439,000
Sold Price
$431,500
Premium/Discount to List
-$7,500
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$366,775
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2015
Sold by
Lewis Properties Llc
Bought by
Rhode Nicholas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Interest Rate
4.37%
Mortgage Type
FHA
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 Johnson Llc $571,000 Wisconsin Title
Schmitz Ryan N $651,000 None Listed On Document
Cima Downtown Llc $431,500 Attorney
Rhode Nicholas R $275,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinckney Johnson Llc $300,000
Previous Owner Cima Downtown Llc $366,775
Previous Owner Rhode Nicholas R $285,000
Previous Owner Rhode Nicholas R $233,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $651,000 +0.2% --
01/26/2024 01/26/24 Pending -- -- --
01/20/2024 01/20/24 For Sale $650,000 +50.6% --
07/18/2016 07/18/16 Sold $431,500 -1.7% $174 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $439,000 -- $177 / 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 $22,882 $651,000 $201,000 $450,000
2023 $10,513 $580,000 $145,000 $435,000
2021 $11,201 $525,000 $120,000 $405,000
2020 $10,627 $476,500 $119,700 $356,800
2019 $10,150 $453,500 $119,700 $333,800
2018 $9,640 $431,500 $119,700 $311,800
2017 $9,988 $431,500 $119,700 $311,800
2016 $6,512 $275,000 $108,700 $166,300
2015 $7,573 $301,000 $108,700 $192,300
2014 $7,214 $301,000 $108,700 $192,300
2013 $6,651 $292,000 $108,700 $183,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1969911

South Central Wisconsin Multiple Listing Service

APN: 0709-144-1614-8