NOT LISTED FOR SALE

423 W Dayton St Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $689,000 - $891,000

9 Beds
3 Baths
3,074 Sq Ft
$261/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $801,525 $261 Per Sq Ft

Current estimated payment $5,170/month

76 Days on Market

Highlights

  • Balcony
  • Property is near a bus stop
  • Forced Air Heating System
  • Hamilton Middle School Rated A
  • Water Softener is Owned
  • Family Room

About This Home

As of November 2023

Perfect location for student housing. Fully leased through August 2024. This property has 6 separately leased parking spots for additional income. All units have gas stoves. Washer/Dryer 1 year old. Updated electrical panels, furnaces, and water heaters. Parking leases add up to $600/month. Total projected income based on August '23 to August '24 rents is $5945/month, including parking. Fantastic metrics for the location. Less than 12 GRM! Or tear down and redevelop.

Last Agent to Sell the Property

Brian Conne

First Weber, Inc License #81894-94 Listed on: 03/15/2023

First Weber, Inc

Last Buyer's Agent

Timothy Flores

LPT Realty License #85666-94

LPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,285

Year Built

  • Built in 1896

Lot Details

  • 4,356

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Family Room

Kitchen

  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 6 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned
  • High Speed Internet

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 0709-231-1311-5

Community Details

Overview

  • 3 Units
  • The community has rules related to parking rules

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,285

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 3 story
  • Items Excluded: Seller's personal property, Tenant's personal property
  • Items Included: Refrigerators (3), Stove/ovens (3), Dishwasher (1), Washer (1), Dryer (1), Water Softener (1)
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Internet - Cable
  • Year Built: 1896
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 3
  • Number Stoves: 3
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 6

Utilities

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

Schools

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • 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: 71340

Tax Info

  • Land Assessment: 146100
  • Improvements: 603100
  • Total Assessment: 749200
  • Assessment year: 2023
  • Net Taxes: 14285
  • Tax Year: 2022
  • Assessor Parcel Number: 0709-231-1311-5

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 2
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Nov 15, 2023
Sold by
Lessner Properties Llc
Bought by
2649 Stevens Llc
Seller's Agent
Brian Conne
First Weber, Inc
Buyer's Agent
Timothy Flores
LPT Realty
List Price
$850,000
Sold Price
$801,525
Premium/Discount to List
-$48,475
-5.7%
Views
205
Current Estimated Value
$803,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,475
Avg. Annual Appreciation
0.10%
Original Mortgage
$641,000
Outstanding Balance
$630,880
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$172,120
Source: Public Records

Range of Values:

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Average Value
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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
2649 Stevens Llc $801,600 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2649 Stevens Llc $641,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $801,525 -5.7% $261 / Sq Ft
07/14/2023 07/14/23 For Sale $850,000 -- $277 / 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 $36,034 $801,500 $146,100 $655,400
2023 $13,606 $749,200 $146,100 $603,100
2021 $14,762 $679,500 $139,100 $540,400
2020 $13,444 $590,900 $135,000 $455,900
2019 $12,871 $562,800 $119,000 $443,800
2018 $12,859 $562,800 $119,000 $443,800
2017 $13,321 $562,800 $119,000 $443,800
2016 $13,047 $536,000 $108,200 $427,800
2015 $12,283 $486,200 $108,200 $378,000
2014 $11,701 $486,200 $108,200 $378,000
2013 $10,797 $472,000 $102,100 $369,900
Source: Public Records

Agents Affiliated with this Home

  • Brian Conne

    Seller's Agent in 2023

    Brian Conne

    First Weber, Inc

    (608) 291-3394

    2 in this area

    51 Total Sales

    Brian Conne
    Section Image
  • Timothy Flores

    Buyer's Agent in 2023

    Timothy Flores

    LPT Realty

    (608) 579-3033

    5 in this area

    85 Total Sales

    Timothy Flores
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1959891

South Central Wisconsin Multiple Listing Service

APN: 0709-231-1311-5

Wisconsin Dane County Madison 53703 Downtown Madison

423 W Dayton St, Madison, WI

This home is located at 423 W Dayton St, Madison, WI 53703 since 15 March 2023 and is currently estimated at $803,000, approximately $261 per square foot. This property was built in 1896. 423 W Dayton St is a home located in Dane County with nearby schools including Franklin Elementary School, Hamilton Middle School, and West 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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