NOT LISTED FOR SALE

416 Castle Place Unit 1 Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $571,000 - $1,104,000

5 Beds
2 Baths
2,394 Sq Ft
$300/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $370,000 $155 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,338/month

7 Days on Market

Highlights

  • Property is near a bus stop
  • Water Softener is Owned
  • Wood Siding
  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • 3-minute walk to Giddings Park

About This Home

As of October 2017

SHOWINGS START WEDNESDAY JULY 26th, 10am-7pm. Historic Claude & Starck 2-unit built in 1907. Maple floors, oak trim, and many other original architectural details. Close to Lake Mendota and several city parks. Rents easily. This was originally a single family home and could be converter back. Schedule a showing today!

Last Agent to Sell the Property

Jim Schuessler

Stark Company, REALTORS License #63398-94 Listed on: 07/21/2017

Stark Company, REALTORS

Last Buyer's Agent

Paul Haviland

Stark Company, REALTORS License #57800-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,695

Year Built

  • Built in 1907

Lot Details

  • 4,356

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 1 Open Parking Space
  • On-Street Parking
  • Outside Parking

Schools

  • Lapham/Marquette Elementary School
  • Call School District Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • 4,356 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-132-0317-4

Community Details

Overview

  • 2 Units
  • Tenney Lapham Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,695

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 3 story, 2 flat-up and down
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Noi Year: 2016
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 1

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.1
  • Zoning: TR-V2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 91100
  • Improvements: 219800
  • Total Assessment: 310900
  • Assessment year: 2017
  • Net Taxes: 6695
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-132-0317-4

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Tham Jason L and J L Tham Trust
Bought by
416 Castle Llc
Total Days on Market
7
Current Estimated Value
$719,022

Purchase Details

Closed on
Jan 20, 2021
Sold by
416 Castle Llc
Bought by
Tham Jason L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,500
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2018
Sold by
Tham Jason L
Bought by
416 Castle Llc

Purchase Details

Listed on
Jul 21, 2017
Closed on
Oct 25, 2017
Sold by
Apex Equity Holdings Llc
Bought by
Tham Jason
Seller's Agent
Jim Schuessler
Stark Company, REALTORS
Buyer's Agent
Paul Haviland
Stark Company, REALTORS
List Price
$349,000
Sold Price
$370,000
Premium/Discount to List
$21,000
6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$296,000
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
416 Castle Llc -- None Available
Tham Jason L -- None Available
Tham Jason L -- None Available
416 Castle Llc -- None Available
Tham Jason L -- None Available
Tham Jason $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 416 Castle Llc $89,863
Previous Owner Tham Jason L $288,500
Previous Owner Tham Jason $296,000
Previous Owner Apex Equity Holdings Llc $2,885,000
Previous Owner Apex Castle Llc $1,018,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2017 10/30/17 Sold $370,000 +6.0% $155 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $349,000 -- $146 / 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 $18,258 $520,400 $131,200 $389,200
2023 $8,803 $486,400 $131,200 $355,200
2021 $9,657 $453,200 $121,500 $331,700
2020 $9,348 $419,600 $109,500 $310,100
2019 $8,684 $388,500 $101,400 $287,100
2018 $8,255 $370,000 $97,500 $272,500
2017 $7,174 $310,900 $91,100 $219,800
2016 $6,695 $282,600 $91,100 $191,500
2015 $6,377 $266,600 $76,000 $190,600
2014 $6,381 $266,600 $76,000 $190,600
2013 $6,090 $256,300 $73,100 $183,200
Source: Public Records

Agents Affiliated with this Home

  • Jim Schuessler

    Seller's Agent in 2017

    Jim Schuessler

    Stark Company, REALTORS

    (608) 445-0766

    3 in this area

    61 Total Sales

    Jim Schuessler
    Section Image
  • Paul Haviland

    Buyer's Agent in 2017

    Paul Haviland

    Stark Company, REALTORS

    (608) 843-4442

    3 in this area

    408 Total Sales

    Paul Haviland
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1810048

South Central Wisconsin Multiple Listing Service

APN: 0709-132-0317-4

Wisconsin Dane County Madison 53703 Tenney-Lapham

416 Castle Place Unit 1, Madison, WI

This home is located at 416 Castle Place Unit 1, Madison, WI 53703 since 21 July 2017 and is currently estimated at $719,022, approximately $300 per square foot. This property was built in 1907. 416 Castle Place Unit 1 is a home located in Dane County with nearby schools including Lapham Elementary School, O'Keeffe Middle, and East 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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