NOT LISTED FOR SALE

Estimated Value: $679,000 - $775,000

8 Beds
3 Baths
3,421 Sq Ft
$214/Sq Ft Est. Value

Last Sold February 21, 2017

Last sale price $410,000 $120 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,864/month

5 Days on Market

Highlights

  • Balcony
  • Central Air
  • Heating System Uses Steam
  • Fireplace
  • Water Softener is Owned
  • Laundry Facilities

About This Home

As of February 2017

VERY COZY 3 BEDROOM / 1 BATH...RIGHT DOWNTOWN
OWNER-MANAGED...VERY NICE...VERY CLEAN...NEED TO SEE!!!
*PARKING INCLUDED - 1 Spot Off Street
*Dishwasher
*Garbage Disposal
*Spacious front porch
*Just 3 Blocks from the Capitol Square (Farmer's Market!)
*4 blocks from Festival Foods
*In REMODELED Summer 2024
*Just a few blocks from James Madison Park
*On the bus line
*Laundry in basement
*Water included
*Purrr...cats are OK
*No smoking
*Does NOT include heat or electricity
*New driveway and parking installed Spring 2022
*GREAT LOCATION and you would look great in it!

Last Agent to Sell the Property

Peter Korotev

South Central Non-Member License #47849-90 Listed on: 01/01/2017

Last Buyer's Agent

Peter Korotev

South Central Non-Member License #47849-90 Listed on: 01/01/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,180

Year Built

  • Built in 1904

Lot Details

  • 3,964

Parking

  • Outside Parking

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Air
  • Heating System Uses Steam
  • Separate Meters
  • Water Softener is Owned

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-133-2002-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,180

Year Built

Built in 1904

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
  • Items Excluded: Coin op washer and dryer are leased
  • Miscellaneous: Shared laundry, Water Softener Owned
  • Noi Year: 2017
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Furnaces: 3
  • Number Refrigerators: 3
  • Number Stoves: 3
  • Number Units W Ac: 1
  • Number Water Heaters: 3
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Steam

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters, Separate gas 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

  • Zoning: DR1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 42720

Tax Info

  • Land Assessment: 98900
  • Improvements: 287400
  • Total Assessment: 386300
  • Assessment year: 2016
  • Net Taxes: 9180
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-133-2002-7

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 2
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2017
Closed on
Feb 21, 2017
Sold by
Johnson Bank
Bought by
Madtown Apartments Llc
Seller's Agent
Peter Korotev
South Central Non-Member
Buyer's Agent
Peter Korotev
South Central Non-Member
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$733,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,000
Avg. Annual Appreciation
7.22%
Original Mortgage
$324,000
Outstanding Balance
$272,013
Interest Rate
4.19%
Mortgage Type
Unknown
Estimated Equity
$460,987

Purchase Details

Closed on
May 25, 1993
Sold by
Chase Allen H
Bought by
Chase Allen H and Revocable Trust Agremrnt
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
Madtown Apartments Llc $410,000 First American Title
Chase Allen H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madtown Apartments Llc $324,000
Closed Madtown Apartments Llc $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Off Market $2,475 -- --
04/10/2025 04/10/25 For Rent $2,475 0.0% --
02/21/2017 02/21/17 Sold $410,000 0.0% $120 / Sq Ft
01/06/2017 01/06/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $410,000 -- $120 / 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 $21,356 $589,000 $137,000 $452,000
2023 $10,317 $550,500 $137,000 $413,500
2021 $10,916 $495,100 $130,500 $364,600
2020 $9,959 $430,500 $126,700 $303,800
2019 $9,169 $410,000 $108,800 $301,200
2018 $9,156 $410,000 $108,800 $301,200
2017 $9,561 $410,000 $108,800 $301,200
2016 $9,180 $386,300 $98,900 $287,400
2015 $8,830 $350,400 $98,900 $251,500
2014 $8,411 $350,400 $98,900 $251,500
2013 $7,804 $340,200 $93,300 $246,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1792475

South Central Wisconsin Multiple Listing Service

APN: 0709-133-2002-7