NOT LISTED FOR SALE

411 W Doty St Unit 2 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $577,687 - $734,000

6 Beds
1 Bath
1,796 Sq Ft
$363/Sq Ft Est. Value

Last Sold June 25, 2012

Last sale price $254,900 $142 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $4,680/month

50 Days on Market

Highlights

  • Balcony
  • Eat-In Kitchen
  • Forced Air Heating System
  • Hamilton Middle School Rated A
  • Property is near a bus stop
  • 3-minute walk to Brittingham Park

About This Home

As of June 2012

Campus 2 flat Zoned R6 located 3 blocks from the capital and within walking distance to the UW. Each unit has 3 bedrooms and one full bath. There are also 4 parking stalls leased at $65/each. Rent increases projected for August 2012 will bring gross income to $31,680/Yr. Gross rent multi. = 8.8 with tenants paying all utilities including W&S.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 03/22/2012

Last Buyer's Agent

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 03/22/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,699

Year Built

  • Built in 1909

Lot Details

  • 4,356

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Dining Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Carport
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-231-3106-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,699

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Miscellaneous: Close to bus line
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Carport, Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Zoning: R6
  • Lot Size: 4356
  • Geo Subdivision: WI

Rental Info

  • Total Income: 30060

Tax Info

  • Net Taxes: 5699
  • Tax Year: 2011
  • Assessor Parcel Number: 0709-231-3106-8

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2012
Closed on
Jun 19, 2012
Sold by
Gamble William O and Sullivan James W
Bought by
Bhaskar Sharan
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
James Stopple
Madison Property Management, Inc.
List Price
$299,900
Sold Price
$254,900
Premium/Discount to List
-$45,000
-15.01%
Current Estimated Value
$652,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,272
Avg. Annual Appreciation
7.25%
Original Mortgage
$191,100
Outstanding Balance
$132,439
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$519,733
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bhaskar Sharan $254,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhaskar Sharan $191,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2012 06/25/12 Sold $254,900 -15.0% $142 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $299,900 -- $167 / 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 $14,827 $423,500 $139,100 $284,400
2023 $7,146 $395,800 $139,100 $256,700
2021 $6,766 $318,700 $139,100 $179,600
2020 $6,551 $295,100 $135,000 $160,100
2019 $6,578 $295,100 $129,400 $165,700
2018 $6,251 $281,000 $129,400 $151,600
2017 $6,477 $281,000 $129,400 $151,600
2016 $6,335 $267,600 $117,600 $150,000
2015 $6,401 $254,900 $117,600 $137,300
2014 $6,098 $254,900 $117,600 $137,300
2013 $5,699 $254,900 $110,900 $144,000
Source: Public Records

Agents Affiliated with this Home

  • James Stopple

    Seller's Agent in 2012

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    9 in this area

    92 Total Sales

    James Stopple
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1649958

South Central Wisconsin Multiple Listing Service

APN: 0709-231-3106-8

Wisconsin Dane County Madison 53703 Downtown Madison

411 W Doty St Unit 2, Madison, WI

Not Listed for Sale

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