409 W Gorham St Madison, WI 53703
Downtown Madison Neighborhood
1
Bed
--
Bath
554
Sq Ft
0.5
Acres
About This Home
A luxury high-rise residence, conveniently located in thriving downtown Madison. The University of Wisconsin, State Street, and Kohl Center are just a short walk away. Equinox is comprised of 115 furnished units with a variety of floor plans. Heated underground parking as well as other amenities are designed to meet the needs of today's urbanites.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 11, 2005
Sold by
Brok Investments 6 Llc
Bought by
409 West Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,520,000
Interest Rate
5.83%
Mortgage Type
Commercial
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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 |
|---|---|---|---|
| 409 West Llc | $750,800 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 409 West Llc | $22,900,000 | |
| Closed | 409 West Llc | $22,500,000 | |
| Closed | 409 West Llc | $3,520,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2023 10/13/23 | Price Changed | $1,450 | -29.3% | $3 / Sq Ft |
| 08/08/2023 08/08/23 | For Rent | -- | -- | -- |
| 06/21/2023 06/21/23 | For Rent | -- | -- | -- |
| 06/14/2023 06/14/23 | For Rent | -- | -- | -- |
| 10/19/2022 10/19/22 | Price Changed | $2,050 | +51.9% | $4 / Sq Ft |
| 10/13/2022 10/13/22 | Price Changed | $1,350 | +13.0% | $3 / Sq Ft |
| 06/07/2022 06/07/22 | For Rent | $1,195 | 0.0% | -- |
| 05/18/2022 05/18/22 | For Rent | $1,195 | -- | -- |
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 | $990,254 | $27,951,000 | $1,680,000 | $26,271,000 |
| 2023 | $486,485 | $26,620,000 | $1,680,000 | $24,940,000 |
| 2021 | $460,401 | $21,420,000 | $1,680,000 | $19,740,000 |
| 2020 | $458,257 | $20,400,000 | $1,680,000 | $18,720,000 |
| 2019 | $450,909 | $19,994,000 | $1,678,000 | $18,316,000 |
| 2018 | $450,181 | $19,994,000 | $1,678,000 | $18,316,000 |
| 2017 | $431,819 | $18,513,000 | $1,678,000 | $16,835,000 |
| 2016 | $422,567 | $17,631,000 | $1,525,000 | $16,106,000 |
| 2015 | $426,848 | $16,028,000 | $1,525,000 | $14,503,000 |
| 2014 | $388,221 | $16,028,000 | $1,525,000 | $14,503,000 |
| 2013 | $335,569 | $16,028,000 | $1,525,000 | $14,503,000 |
Source: Public Records
Map
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