Lena Oberwetter
Real Broker LLC
(608) 512-0674
36 Total Sales
3 in Downtown Madison
$285K - $760K Price Range
306 S Broom St Madison, WI 53703
Downtown Madison NeighborhoodEstimated Value: $748,000 - $824,000
6
Beds
3
Baths
3,148
Sq Ft
$252/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Furnished
- Balcony
- Randall Elementary School Rated A
- Den
- 1-minute walk to Brittingham Park
About This Home
As of July 2021Strong Isthmus investment opportunity close to UW, Capitol Square, bike path, dog park & all downtown amenities. Seller says no vacancies in 12 years of ownership. Leased through mid July & Aug. 2022. For upcoming leases rent for 306 8/15/21-8/14/22 is $1,960 and for 308 8/1/21-7/31/22 is $1,570. Seller added 3rd floor addition accessed by spiral staircase to include 3rd bedroom laundry, living room, flex room and second bath. 1 or 2 more bedrooms could be added to the third floor. Third floor is plumbed for kitchen if you want two different but connected units in 308. Other updates include new furnaces, new air conditioning, new water heater, some flooring. Roof new with previous owner in 2004. No K&T wiring. *Total income/yr for new leases $42,500.
Last Agent to Sell the Property
Mardi Stroud
First Weber Inc License #51339-90 Listed on: 03/26/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,973
Year Built
- Built in 1909
Lot Details
- 1,742
Parking
- On-Street Parking
Home Design
- Duplex
- Block Foundation
- Vinyl Siding
Interior Spaces
- 3-Story Property
- Furnished
- Family Room
- Dining Room
- Den
- Wood Flooring
Kitchen
- Oven or Range
- Dishwasher
Laundry
- Laundry in unit
- Washer and Dryer
Basement
- Basement Fills Entire Space Under The House
- Shared Basement
- Block Basement Construction
Schools
- Franklin/Randall Elementary School
- Hamilton Middle School
- West High School
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
- Individual Controls for Heating
Additional Features
- Balcony
- 1,742 Sq Ft Lot
Community Details
- 2 Units
- Net Operating Income $25,404
Listing and Financial Details
- Assessor Parcel Number 0709-231-3006-0
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
Mar 26, 2021
Closed on
Jul 29, 2021
Sold by
Bought by
Seller's Agent
Mardi Stroud
First Weber Inc
Buyer's Agent
Kristine Jaeger
Sprinkman Real Estate
List Price
$555,000
Sold Price
$530,000
Premium/Discount to List
-$25,000
-4.5%
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
$264,337
Avg. Annual Appreciation
8.41%
Original Mortgage
$397,500
Outstanding Balance
$353,747
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$440,590
Purchase Details
Closed on
Oct 22, 2013
Sold by
Bought by
Purchase Details
Closed on
Dec 17, 2011
Sold by
Bought by
Purchase Details
Closed on
Apr 11, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Madison, WI
-
Lena Oberwetter
-
Jean Armendariz-Kerr
Jean Armendariz-Kerr
Mode Realty Network
(608) 292-5201
103 Total Sales
1 in Downtown Madison
$501,500 Price
-
Matt Deadman
Matt Deadman
Real Broker LLC
(608) 292-3702
181 Total Sales
2 in Downtown Madison
$260K - $330K Price Range
-
Allen Morris
Allen Morris
Berkshire Hathaway HomeServices True Realty
(608) 208-9971
129 Total Sales
1 in Downtown Madison
$385,500 Price
-
Mary Browning
Mary Browning
Compass Real Estate Wisconsin
(608) 292-3610
109 Total Sales
1 in Downtown Madison
$960,000 Price
-
Erica Thompson Colstad
Erica Thompson Colstad
Stark Company, REALTORS
(608) 292-2528
75 Total Sales
1 in Downtown Madison
$450,000 Price
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 |
|---|---|---|---|
| $530,000 | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $270,000 | 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 | $397,500 | ||
| Previous Owner | $223,000 | ||
| Previous Owner | $216,000 |
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 |
|---|---|---|---|---|
| 07/29/2021 07/29/21 | Sold | $530,000 | -4.5% | $168 / Sq Ft |
| 04/15/2021 04/15/21 | For Sale | $555,000 | +4.7% | $176 / Sq Ft |
| 03/29/2021 03/29/21 | Off Market | $530,000 | -- | -- |
| 03/26/2021 03/26/21 | For Sale | $555,000 | -- | $176 / Sq Ft |
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 | $11,644 | $629,000 | $77,700 | $551,300 |
| 2024 | $20,266 | $577,100 | $77,700 | $499,400 |
| 2023 | $9,769 | $539,300 | $77,700 | $461,600 |
| 2022 | $20,787 | $528,800 | $71,900 | $456,900 |
| 2021 | $8,236 | $387,100 | $71,900 | $315,200 |
| 2020 | $7,973 | $358,400 | $69,800 | $288,600 |
| 2019 | $8,005 | $358,400 | $67,100 | $291,300 |
| 2018 | $7,608 | $341,300 | $67,100 | $274,200 |
| 2017 | $7,883 | $341,300 | $67,100 | $274,200 |
| 2016 | $7,711 | $325,000 | $61,000 | $264,000 |
| 2015 | $7,791 | $309,500 | $61,000 | $248,500 |
| 2014 | $7,420 | $309,500 | $61,000 | $248,500 |
| 2013 | $6,780 | $297,600 | $57,500 | $240,100 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2021
Mardi Stroud
First Weber Inc
-
Kristine Jaeger
Buyer's Agent in 2021
Kristine Jaeger
Sprinkman Real Estate
(608) 217-1919
1 in this area
90 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1905150
APN: 0709-231-3006-0
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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