Seller's Agent in 2021
Chas Martin
Sprinkman Real Estate
(608) 334-9042
23 in this area
353 Total Sales
24 E Gorham St Madison, WI 53703
Downtown Madison NeighborhoodEstimated Value: $616,000 - $698,000
4
Beds
3
Baths
2,241
Sq Ft
$294/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Eat-In Kitchen
- Family Room
- Balcony
- Property is near bus stop
- 1-minute walk to Period Garden Park
About This Home
As of September 2021Rare opportunity to own adjacent income generating properties in downtown Madison. This investment property offers 2 stories of rental potential. First floor with 2-Efficiency units and 2nd/3rd floors with one 3-4 bedroom unit with amazing top floor open space. Located just blocks from the capitol square, state street, UW Madison and Lake Mendota this property is walking distance to everything Madison has to offer. Neighboring property sold separately. See MLS# 10910665, 1910669, 1901678 for full portfolio.
Last Agent to Sell the Property
Sprinkman Real Estate License #57744-90 Listed on: 05/28/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,051
Year Built
- Built in 1893
Lot Details
- 4,356
Home Design
- Wood Siding
Interior Spaces
- 2-Story Property
- Family Room
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Oven or Range
- Dishwasher
Laundry
- Laundry in unit
- Washer and Dryer
Basement
- Basement Fills Entire Space Under The House
- Shared Basement
Schools
- Lapham/Marquette Elementary School
- Okeeffe Middle School
- East High School
Additional Features
- Balcony
- 4,356 Sq Ft Lot
- Property is near bus stop
Community Details
- 3 Units
- Laundry Facilities
- Net Operating Income $15,101
Listing and Financial Details
- Assessor Parcel Number 0709-144-0716-3
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2021
Closed on
Sep 17, 2021
Sold by
Bought by
Seller's Agent
Chas Martin
Sprinkman Real Estate
Buyer's Agent
Tammy Krez
Stark Company, REALTORS
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,805
Avg. Annual Appreciation
5.09%
Original Mortgage
$416,000
Outstanding Balance
$373,761
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$285,044
Purchase Details
Listed on
Nov 28, 2012
Closed on
Jan 30, 2013
Sold by
Bought by
Seller's Agent
Art Luetke
Luetke Investment Real Estate
Buyer's Agent
Mark Gladue
Lauer Realty Group, Inc.
List Price
$239,000
Sold Price
$250,000
Premium/Discount to List
$11,000
4.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$1,105,000
Interest Rate
3.3%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $520,000 | Nations Title | ||
| $250,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $416,000 | ||
| Previous Owner | $1,105,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/17/2021 09/17/21 | Sold | $520,000 | -1.0% | $232 / Sq Ft | |
| 06/02/2021 06/02/21 | For Sale | $525,000 | +1.0% | $234 / Sq Ft | |
| 06/01/2021 06/01/21 | Off Market | $520,000 | -- | -- | |
| 05/28/2021 05/28/21 | For Sale | $525,000 | +110.0% | $234 / Sq Ft | |
| 02/08/2013 02/08/13 | Sold | $250,000 | +4.6% | -- | View Prior Sale |
| 12/24/2012 12/24/12 | Pending | -- | -- | -- | |
| 11/28/2012 11/28/12 | For Sale | $239,000 | -- | -- |
Source: South Central Wisconsin Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $11,677 | $630,800 | $146,100 | $484,700 |
| 2024 | $20,322 | $578,700 | $146,100 | $432,600 |
| 2023 | $9,797 | $540,800 | $146,100 | $394,700 |
| 2022 | $20,240 | $515,000 | $139,100 | $375,900 |
| 2021 | $7,654 | $360,000 | $139,100 | $220,900 |
| 2020 | $7,051 | $313,000 | $135,000 | $178,000 |
| 2019 | $6,745 | $298,100 | $142,300 | $155,800 |
| 2018 | $6,739 | $298,100 | $142,300 | $155,800 |
| 2017 | $7,056 | $298,100 | $142,300 | $155,800 |
| 2016 | $6,823 | $283,900 | $129,400 | $154,500 |
| 2015 | $6,469 | $257,500 | $129,400 | $128,100 |
| 2014 | $6,161 | $257,500 | $129,400 | $128,100 |
| 2013 | $6,277 | $250,000 | $122,100 | $127,900 |
Source: Public Records
Agents Affiliated with this Home
-
Chas Martin
-
Tammy Krez
Buyer's Agent in 2021
Tammy Krez
Stark Company, REALTORS
(608) 220-9795
3 in this area
143 Total Sales
-
Art Luetke
Seller's Agent in 2013
Art Luetke
Luetke Investment Real Estate
(608) 240-8840
2 Total Sales
-
Mark Gladue
Buyer's Agent in 2013
Mark Gladue
Lauer Realty Group, Inc.
(608) 658-0467
12 in this area
184 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1910665
APN: 0709-144-0716-3
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.
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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