NOT LISTED FOR SALE

233 Langdon St Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $4,319,725

24 Beds
3 Baths
10,706 Sq Ft
$403/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $1,650,000 $154 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $30,319/month

37 Days on Market

Highlights

  • Den
  • Balcony
  • Property is near bus stop
  • Hamilton Middle School Rated A
  • Fireplace
  • 1-minute walk to Lisa Link Peace Park

About This Home

As of August 2012

Excellent Langdon Street student housing location. Property was remodeled in 1992 and operates as a 25 room fraternity house. The lease runs until Aug. 2014 and there have been preliminary discussions of an extension. The tenant is responsible for all expenses (taxes, utilities, insurance, etc.) and the landlord solely responsible for capital improvements. The layout boasts common restrooms on the second and third floor with bedrooms surrounding the main hallway. Huge great room and hall off the kitchen.

Last Agent to Sell the Property

Bert Slinde

Slinde Realty Company License #20641-90 Listed on: 05/20/2012

Last Buyer's Agent

Christopher Stark

Stark Company, REALTORS License #57903-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,007

Year Built

  • Built in 1920

Lot Details

  • 8,712

Parking

  • Outside Parking

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • Fireplace
  • Family Room
  • Dining Room
  • Den
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Schools

  • Madison Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Central Air
  • Heating System Uses Steam

Additional Features

  • Balcony
  • Property is near bus stop

Community Details

  • Net Operating Income $133,264

Listing and Financial Details

  • Assessor Parcel Number 0709-144-2005-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,007

Year Built

Built in 1920

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Miscellaneous: Close to bus line
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Units W Ac: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Steam

Utilities

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

Fee Information

  • Total Expenses: 2000

Schools

  • Elementary School: Madison
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Zoning: DDZ4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 135264

Tax Info

  • Net Taxes: 18007
  • Tax Year: 2011
  • Assessor Parcel Number: 0709-144-2005-8

Multi Family

  • Number Of3 Bedrooms: 1
  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2022
Sold by
Jewish Experience Of Madison Inc
Bought by
North Branch Holdings Llc
Current Estimated Value
$4,319,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,040,000
Outstanding Balance
$2,899,477
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$1,420,248

Purchase Details

Listed on
May 20, 2012
Closed on
Aug 9, 2012
Sold by
Cardinal Group Wisconsin I Llc
Bought by
Jewish Experience Of Madison Inc
Seller's Agent
Bert Slinde
Slinde Realty Company
Buyer's Agent
Christopher Stark
Stark Company, REALTORS
List Price
$1,650,000
Sold Price
$1,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$1,292,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2009
Sold by
Langhammer Harold and San Filippo Phyllis
Bought by
233 Langdon Street Llc

Purchase Details

Closed on
Mar 19, 2007
Sold by
Wisconsin Chapter House Assn Of Phil Del
Bought by
223 Langdon Street Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
6.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
North Branch Holdings Llc $3,800,000 --
Jewish Experience Of Madison Inc $1,650,000 First American Title Co
233 Langdon Street Llc -- None Available
Langhammer Harold -- None Available
223 Langdon Street Group Llc $795,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Branch Holdings Llc $3,040,000
Previous Owner Jewish Experience Of Madison Inc $1,292,000
Previous Owner 223 Langdon Street Group Llc $636,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2012 08/10/12 Sold $1,650,000 0.0% $154 / Sq Ft
06/26/2012 06/26/12 Pending -- -- --
05/20/2012 05/20/12 For Sale $1,650,000 -- $154 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $97,583 $2,750,000 $315,000 $2,435,000
2023 $50,178 $2,750,000 $315,000 $2,435,000
2022 $42,394 $1,074,000 $315,000 $759,000
2021 $20,306 $895,000 $315,000 $580,000
2020 $20,424 $849,800 $315,000 $534,800
2019 $18,554 $772,000 $311,400 $460,600
2018 $17,149 $735,000 $311,400 $423,600
2017 $17,272 $714,000 $311,400 $402,600
2016 $17,750 $714,000 $283,400 $430,600
2015 $17,211 $415,000 $283,400 $131,600
2014 $9,976 $415,000 $283,400 $131,600
2013 $18,158 $1,650,000 $436,000 $1,214,000
Source: Public Records

Agents Affiliated with this Home

  • Bert Slinde

    Seller's Agent in 2012

    Bert Slinde

    Slinde Realty Company

    (608) 209-3131

    5 Total Sales

    Bert Slinde
    Section Image
  • Christopher Stark

    Buyer's Agent in 2012

    Christopher Stark

    Stark Company, REALTORS

    (608) 443-4824

    8 Total Sales

    Christopher Stark
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1656767

South Central Wisconsin Multiple Listing Service

APN: 0709-144-2005-8

Wisconsin Dane County Madison 53703 Downtown Madison

233 Langdon St, Madison, WI

Not Listed for Sale

MultiFamily

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