NOT LISTED FOR SALE

Estimated Value: $1,040,703 - $1,132,000

5 Beds
4 Baths
2,685 Sq Ft
$405/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $738,800 $275 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,223/month

51 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Property is near bus stop

About This Home

As of October 2020

313 East Mifflin Street is a six-unit apartment building located 3 blocks east of the Capitol Square in the Capital East District of downtown Madison. There are 4 One Bedroom and 2 Two Bedroom apartments, each with distinctive finishes and architectural appeal with hardwood floors, high ceilings, open kitchens and large windows enhance rental appeal. The apartments offer unique floor plans. All units are corner units that afford plenty of windows and full front-to-back ventilation for 1st and 2nd floor units. Off street parking for 2 to 3 vehicles. Newer Boiler and upgraded electrical. **Units 2,3,5,6 are renewing through 8/14/2021. Front entrance stucco and Staircase are being refinished along with resealing of blacktop drive aisle on west side of building.

Last Agent to Sell the Property

Andrew Stebnitz

Restaino & Associates License #56513-90 Listed on: 07/03/2020

Restaino & Associates

Last Buyer's Agent

Paul Haviland

Stark Company, REALTORS License #57800-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,643

Year Built

  • Built in 1884

Lot Details

  • 3,920

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Open Parking Spaces
  • On-Street Parking

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Additional Features

  • 3,920 Sq Ft Lot
  • Property is near bus stop
  • Radiant Heating System

Community Details

  • 6 Units
  • Downtown Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0709-133-2401-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,643

Year Built

Built in 1884

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Tenants personal property
  • Items Included: All Appliances
  • Miscellaneous: Close to bus line
  • Year Built: 1884
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard, Partially finished
  • Number Dish Washers: 6
  • Number Dryers: 1
  • Number Units W Ac: 6
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 2

Utilities

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

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.09
  • Zoning: DR1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 83400

Tax Info

  • Net Taxes: 12643
  • Tax Year: 2019
  • Assessor Parcel Number: 0709-133-2401-1

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of2 Bedrooms: 2
  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Oct 22, 2020
Sold by
Dobo Properties Llc
Bought by
Nearer Properties Llc
Seller's Agent
Andrew Stebnitz
Restaino & Associates
Buyer's Agent
Paul Haviland
Stark Company, REALTORS
List Price
$785,000
Sold Price
$738,800
Premium/Discount to List
-$46,200
-5.89%
Current Estimated Value
$1,086,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,552
Avg. Annual Appreciation
7.40%
Original Mortgage
$591,040
Outstanding Balance
$518,691
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$567,661

Purchase Details

Closed on
Sep 1, 2005
Sold by
Madioson Historical Properties Llc
Bought by
Dobo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,000
Interest Rate
5.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nearer Properties Llc $738,800 None Available
Dobo Properties Llc $595,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nearer Properties Llc $591,040
Previous Owner Dobo Properties Llc $479,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2020 10/22/20 Sold $738,800 0.0% $275 / Sq Ft
07/30/2020 07/30/20 Off Market $738,800 -- --
07/09/2020 07/09/20 For Sale $785,000 -- $292 / 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 $30,105 $855,000 $120,000 $735,000
2023 $14,078 $775,000 $109,000 $666,000
2022 $29,078 $738,000 $99,000 $639,000
2021 $15,780 $738,000 $90,000 $648,000
2020 $13,963 $625,000 $90,000 $535,000
2019 $12,643 $564,000 $89,400 $474,600
2018 $12,016 $537,000 $89,400 $447,600
2017 $12,524 $537,000 $89,400 $447,600
2016 $12,170 $511,000 $81,400 $429,600
2015 $11,714 $464,000 $81,400 $382,600
2014 $11,163 $464,000 $81,400 $382,600
2013 $10,290 $450,000 $81,400 $368,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1887919

South Central Wisconsin Multiple Listing Service

APN: 0709-133-2401-1

Your Personal Tour Guide

Ask me questions while you tour the home.