431 W Gorham St Madison, WI 53703
Downtown Madison NeighborhoodEstimated Value: $16,600,226
4
Beds
--
Bath
2,000
Sq Ft
$8,300/Sq Ft
Est. Value
About This Home
**LaVille is under contract to be acquired as part of a redevelopment plan and will not be leased for 2024 & beyond**
LaVille in French means “The City”, and LaVille is what living in the City is all about. Located just off State Street in the heart of the Downtown social scene, and minutes to the UW Madison Campus, you will appreciate the vibrant experience living in our furnished one or two bedroom apartments, or have the true “high-rise” living experience in one of our exclusive Penthouse Suites. Newly remodeled kitchens with stainless steel appliances and all the features you deserve.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 1, 2024
Sold by
Johnson Associates Llp
Bought by
Madison Wi Properties Ii Kp7 Llc
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Madison Wi Properties Ii Kp7 Llc | $16,200,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Johnson Associates Llp | $9,000,000 | |
| Previous Owner | Johnson Associates Llp | $8,800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2022 10/06/22 | Price Changed | $1,295 | +13.1% | $1 / Sq Ft |
| 10/02/2022 10/02/22 | For Rent | $1,145 | -- | -- |
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 | $418,225 | $11,817,000 | $1,005,000 | $10,812,000 |
| 2023 | $205,618 | $11,254,000 | $1,005,000 | $10,249,000 |
| 2021 | $178,133 | $8,290,000 | $1,005,000 | $7,285,000 |
| 2020 | $177,301 | $7,895,000 | $1,005,000 | $6,890,000 |
| 2019 | $169,521 | $7,519,000 | $1,007,000 | $6,512,000 |
| 2018 | $169,248 | $7,519,000 | $1,007,000 | $6,512,000 |
| 2017 | $162,341 | $6,962,000 | $1,007,000 | $5,955,000 |
| 2016 | $158,853 | $6,630,000 | $915,000 | $5,715,000 |
| 2015 | $152,812 | $6,013,000 | $915,000 | $5,098,000 |
| 2014 | $145,595 | $6,013,000 | $915,000 | $5,098,000 |
| 2013 | $125,918 | $6,013,000 | $915,000 | $5,098,000 |
Source: Public Records
Map
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