Seller's Agent in 2020
Mary Duff
Stark Company, REALTORS
(608) 513-6955
178 Total Sales
312 W Lakeside St Madison, WI 53715
Bay Creek Neighborhood
--
Bed
2
Baths
962
Sq Ft
7,405
Sq Ft Lot
Highlights
- Den
- Property is near a bus stop
- Wood Siding
- Hamilton Middle School Rated A
- Forced Air Heating System
- 3-minute walk to Bernie's Beach
About This Home
As of January 2020Income property with long-term investment potential. Two rentable units & adjoining vacant land. Residential unit is a cute lofted efficiency located at the back of the building. The versatile commercial space at the front of the building presents opportunities for additional rental income, your own office space, and other creative uses. The vacant lot immediately to the west of the 312/314 building increases your options as you consider longer-term investment possibilities. Tenant occupied, so please provide 24-hrs notice for showing requests.
Last Agent to Sell the Property
Stark Company, REALTORS License #54580-90 Listed on: 11/07/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,269
Year Built
- Built in 1949
Lot Details
- 7,405
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
- Poured Concrete
- Wood Siding
Interior Spaces
- Den
- Partial Basement
- Oven or Range
Schools
- Franklin/Randall Elementary School
- Hamilton Middle School
- West High School
Utilities
- Forced Air Heating System
- Separate Meters
- Separate Water Meter
Additional Features
- 7,405 Sq Ft Lot
- Property is near a bus stop
Community Details
- 2 Units
- Bay Creek Subdivision
Listing and Financial Details
- Assessor Parcel Number 0709-261-0317-1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 30, 2021
Sold by
Grindstone Management Llc
Bought by
Schmitz Ryan N and Schmitz Katie J
Purchase Details
Closed on
Jun 30, 2021
Sold by
Schmitz Ryan N and Schmitz Katie J
Bought by
312 W Lakeside St Llc
Purchase Details
Listed on
Nov 7, 2019
Closed on
Jan 31, 2020
Sold by
Ernest Max Llc
Bought by
Grindstone Management Llc
Seller's Agent
Mary Duff
Stark Company, REALTORS
Buyer's Agent
Katie Schmitz
The Hub Realty
List Price
$315,000
Sold Price
$281,300
Premium/Discount to List
-$33,700
-10.7%
Purchase Details
Closed on
Nov 15, 2012
Sold by
Johnson Mark E and Johnson Eric J
Bought by
Ernest Max Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.32%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schmitz Ryan N | -- | None Available | |
| 312 W Lakeside St Llc | -- | None Available | |
| Grindstone Management Llc | $290,000 | None Available | |
| Ernest Max Llc | $275,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ernest Max Llc | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2020 01/31/20 | Sold | $281,300 | -10.7% | $292 / Sq Ft |
| 11/23/2019 11/23/19 | Pending | -- | -- | -- |
| 11/07/2019 11/07/19 | For Sale | $315,000 | -- | $327 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $9,888 | $284,000 | $60,000 | $224,000 |
| 2023 | $4,641 | $258,000 | $60,000 | $198,000 |
| 2021 | $4,687 | $222,000 | $60,000 | $162,000 |
| 2020 | $4,909 | $222,000 | $59,000 | $163,000 |
| 2019 | $3,449 | $156,400 | $33,000 | $123,400 |
| 2018 | $3,445 | $156,400 | $33,000 | $123,400 |
| 2017 | $3,243 | $142,400 | $33,000 | $109,400 |
| 2016 | $3,166 | $135,400 | $30,000 | $105,400 |
| 2015 | $3,200 | $129,400 | $30,000 | $99,400 |
| 2014 | $3,057 | $129,400 | $30,000 | $99,400 |
| 2013 | $3,034 | $129,400 | $30,000 | $99,400 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Duff
-
Katie Schmitz
Buyer's Agent in 2020
Katie Schmitz
The Hub Realty
(608) 556-4400
3 in this area
89 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1872214
APN: 0709-261-0317-1
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