NOT LISTED FOR SALE

421 W Doty St Unit 1 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $702,000 - $1,237,468

14 Beds
4 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold December 17, 2014

Last sale price $610,000

Est. 71% increase in value since last sale

Current estimated payment $6,474/month

6 Days on Market

Highlights

  • Balcony
  • Property is near bus stop
  • 3-minute walk to Brittingham Park
  • Hamilton Middle School Rated A
  • Wood Siding

About This Home

As of December 2014

Downtown Income Property! Newer 4 unit building with all appliances included, breakfast bar and private balcony accompanying each unit. 2 minute walk to the Capitol square, close to campus, fully rented and no problem occupying units.

Last Agent to Sell the Property

Chris Heck

South Central Non-Member License #78985-94 Listed on: 11/11/2014

Co-Listed By

Jeff Kuhl

First Weber Inc License #57076-90

Last Buyer's Agent

James Stopple

Madison Property Management, Inc. License #12003-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,288

Year Built

  • Built in 1982

Lot Details

  • 4,356

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters

Additional Features

  • Oven or Range
  • Basement Fills Entire Space Under The House
  • Balcony
  • 4,356 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 4 Units
  • Bassett Neighborhood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0709-231-3109-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,288

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Miscellaneous: Close to bus line
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood, Brick, Stone

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Estimated Aces: 0.1
  • Zoning: DR2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 66309

Tax Info

  • Net Taxes: 12288
  • Tax Year: 2013
  • Assessor Parcel Number: 0709-231-3109-2

Multi Family

  • Number Of3 Bedrooms: 4
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2014
Closed on
Dec 18, 2014
Sold by
Gamble William O and Sullivan James W
Bought by
Ffcomp#2 Llc
Seller's Agent
Chris Heck
South Central Non-Member
Buyer's Agent
James Stopple
Madison Property Management, Inc.
List Price
$635,000
Sold Price
$610,000
Premium/Discount to List
-$25,000
-3.94%
Current Estimated Value
$1,043,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,617
Avg. Annual Appreciation
4.95%
Original Mortgage
$488,000
Outstanding Balance
$374,768
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$668,849
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
Ffcomp#2 Llc $610,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ffcomp#2 Llc $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2014 12/17/14 Sold $610,000 -3.9% --
11/17/2014 11/17/14 Pending -- -- --
11/11/2014 11/11/14 For Sale $635,000 -- --
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
2023 $15,631 $860,000 $136,000 $724,000
2022 $32,248 $818,000 $124,000 $694,000
2021 $16,661 $779,000 $113,000 $666,000
2020 $16,592 $742,000 $112,100 $629,900
2019 $15,868 $707,000 $112,100 $594,900
2018 $15,078 $673,000 $112,100 $560,900
2017 $15,622 $673,000 $112,100 $560,900
2016 $15,286 $641,000 $102,100 $538,900
2015 $14,692 $512,000 $102,100 $409,900
2014 $12,326 $512,000 $102,100 $409,900
2013 $11,373 $497,000 $102,100 $394,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Chris Heck

    South Central Non-Member

  • Jeff Kuhl

    Seller Co-Listing Agent in 2014

    Jeff Kuhl

    First Weber Inc

    (608) 220-1543

    4 in this area

    79 Total Sales

    Jeff Kuhl
    Section Image
  • James Stopple

    Buyer's Agent in 2014

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    9 in this area

    90 Total Sales

    James Stopple
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1731491

South Central Wisconsin Multiple Listing Service

APN: 0709-231-3109-2

Wisconsin Dane County Madison 53703 Downtown Madison

421 W Doty St Unit 1, Madison, WI

Not Listed for Sale

MultiFamily

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