NOT LISTED FOR SALE

312 N Carroll St Unit 1 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $683,000 - $1,639,850

8 Beds
2 Baths
2,400 Sq Ft
$411/Sq Ft Est. Value

Last Sold June 21, 2017

Last sale price $432,500 $180 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $7,059/month

Highlights

  • Balcony
  • Water Softener is Owned
  • 5-minute walk to Period Garden Park
  • Hamilton Middle School Rated A
  • Heating System Uses Steam

About This Home

As of June 2017

Nice Downtown 2 flat close to State Street and the Capitol. Unit#1 has one bedroom split into two parts but it is counted as one bedroom. Each unit has 4 bedrooms and 1 bathroom. NOT in historic district. Unit #1 marble fireplace is inoperable. Three parking stalls in rear lot at $75/mo each. Shared drive. Stated income is gross potential for the year. All sq ft from assessor - verify if important. Tenant occupied - 48 notice required for showings.

Last Agent to Sell the Property

Peter Korotev

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

Last Buyer's Agent

Dan Ewers

South Central Non-Member License #47599-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,261

Year Built

  • Built in 1881

Lot Details

  • 4,356

Parking

  • Outside Parking

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Outdoor Features

  • Balcony

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Heating System Uses Steam
  • Water Softener is Owned

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 0709-144-2218-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,261

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Items Included: water softener is not operational.
  • Miscellaneous: Water Softener Owned
  • Noi Year: 2017
  • Year Built: 1881
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Water Heaters: 2

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Steam

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside, Parking fee

Schools

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Zoning: DR2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 52260

Tax Info

  • Land Assessment: 127300
  • Improvements: 304100
  • Total Assessment: 431400
  • Assessment year: 2016
  • Net Taxes: 10261
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-144-2218-7

Multi Family

  • Number Of3 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2018
Sold by
Rood Jeffrey W
Bought by
Madison Pads Llc
Current Estimated Value
$986,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,063,250
Outstanding Balance
$1,778,162
Interest Rate
4.44%
Mortgage Type
Commercial
Estimated Equity
-$791,949

Purchase Details

Listed on
Jan 1, 2017
Closed on
Jun 21, 2017
Sold by
Bnbc Properties Llp
Bought by
Rood Jeffrey W
Seller's Agent
Peter Korotev
South Central Non-Member
Buyer's Agent
Dan Ewers
South Central Non-Member
List Price
$500,000
Sold Price
$432,500
Premium/Discount to List
-$67,500
-13.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$324,375
Interest Rate
3.95%
Mortgage Type
New Conventional
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
Madison Pads Llc -- None Available
Rood Jeffrey W $432,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Pads Llc $2,063,250
Previous Owner Rood Jeffrey W $324,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2017 06/21/17 Sold $432,500 -13.5% $180 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $500,000 -- $208 / 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 $22,152 $623,400 $139,100 $484,300
2023 $10,972 $582,600 $139,100 $443,500
2021 $10,457 $490,400 $139,100 $351,300
2020 $10,123 $454,100 $135,000 $319,100
2019 $10,164 $454,100 $140,000 $314,100
2018 $9,662 $432,500 $140,000 $292,500
2017 $10,489 $453,000 $140,000 $313,000
2016 $10,262 $431,400 $127,300 $304,100
2015 $10,368 $410,900 $127,300 $283,600
2014 $9,877 $410,900 $127,300 $283,600
2013 $9,025 $395,100 $120,100 $275,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Peter Korotev

    South Central Non-Member

    Section Image

  • D

    Buyer's Agent in 2017

    Dan Ewers

    South Central Non-Member

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1792498

South Central Wisconsin Multiple Listing Service

APN: 0709-144-2218-7

Wisconsin Dane County Madison 53703 Downtown Madison

312 N Carroll St Unit 1, Madison, WI

This home is located at 312 N Carroll St Unit 1, Madison, WI 53703 since 01 January 2017 and is currently estimated at $986,213, approximately $410 per square foot. This property was built in 1881. 312 N Carroll St Unit 1 is a home located in Dane County with nearby schools including Franklin Elementary School, Hamilton Middle School, and West High School.

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.

South Central Wisconsin Multiple Listing Service 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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