NOT LISTED FOR SALE

437 W Doty St Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $655,000 - $831,000

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

Sale Details

Date Sold: May 19, 2021

Last sale price $603,000 $0 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,088 / mo

9 Days on Market

Highlights

  • Main Floor Bedroom
  • Detached Garage
  • Accessible Bedroom
  • Hamilton Middle School Rated A
  • Eat-In Kitchen
  • 4-minute walk to Brittingham Park

About This Home

As of May 2021

Rare investment opportunity in downtown Madison. Charming brick 4-unit in the Bassett neighborhood four blocks from the Capital and just 5 blocks to the Kohl Center. First time offered for sale in 50 years. Original woodwork and hardwoods throughout. Pictures are from a previous year's turnover. All units are currently rented through 8/14/2021. Landlord pays heat and water/sewer. Unit #1 pays $85 fixed montly toward utility usage (see docs for MGE averages). Unit #2 cannot be viewed at this time however there is a virtual video tour link for #2 highlighted on this page. Building is being sold in "AS-IS" condition. All offers due by 12:00 pm on Tuesday, March 23, 2021. Please allow through 3/25/2021 for acceptance.

Last Agent to Sell the Property

Andrew Stebnitz

Restaino & Associates License #56513-90 Listed on: 03/15/2021

Restaino & Associates

Last Buyer's Agent

Diana Hause

Realty Profiles, LLC License #52323-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,838

Year Built

  • Built in 1923

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Parking

  • Detached Garage
  • Driveway Level
  • On-Street Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Additional Features

  • Property is near bus stop
  • Radiant Heating System

Community Details

  • 4 Units
  • Net Operating Income $47,340

Listing and Financial Details

  • Assessor Parcel Number 0709-231-3114-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,838

Year Built

Built in 1923

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot
  • Items Excluded: Tenants/Sellers Personal Property.
  • Items Included: 4 Refrigerators, 4 Range/Ovens.
  • Miscellaneous: Close to bus line
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn

Exterior Features

  • Exterior: Wood, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Inside: 3

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Detached

Schools

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

Lot Info

  • Estimated Aces: 0.1
  • Zoning: DR2

Rental Info

  • Total Income: 47340

Tax Info

  • Net Taxes: 10838
  • Tax Year: 2020
  • Assessor Parcel Number: 0709-231-3114-1

Multi Family

  • Number Of1 Bedrooms: 3
  • Number Of2 Bedrooms: 1
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
May 19, 2021
Sold by
Sprague John L and Sprague Mary A
Bought by
Hp Condor Group Llc
Seller's Agent
Andrew Stebnitz
Restaino & Associates
Buyer's Agent
Diana Hause
Realty Profiles, LLC
List Price
$575,000
Sold Price
$603,000
Premium/Discount to List
$28,000
4.87%
Current Estimated Value
$744,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,000
Avg. Annual Appreciation
4.29%
Original Mortgage
$440,000
Outstanding Balance
$394,484
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$349,516

Purchase Details

Closed on
May 10, 2019
Sold by
Sprague John L and Sprague Mary A
Bought by
Sprague John R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Hp Condor Group Llc $603,000 None Available
Sprague John R -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Hp Condor Group Llc $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $603,000 +4.9% --
04/29/2021 04/29/21 For Sale $575,000 0.0% --
03/24/2021 03/24/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $575,000 -- --
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
2025 $13,455 $726,100 $150,000 $576,100
2023 $11,245 $620,000 $136,000 $484,000
2022 $23,728 $603,000 $124,000 $479,000
2021 $11,461 $535,000 $113,000 $422,000
2020 $10,838 $485,900 $112,100 $373,800
2019 $10,362 $462,900 $112,100 $350,800
2018 $9,851 $440,900 $112,100 $328,800
2017 $10,207 $440,900 $112,100 $328,800
2016 $10,133 $419,900 $102,100 $317,800
2015 $9,605 $380,900 $102,100 $278,800
2014 $9,150 $380,900 $102,100 $278,800
2013 $8,633 $369,900 $102,100 $267,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andrew Stebnitz

    Restaino & Associates

    Section Image
  • Diana Hause

    Buyer's Agent in 2021

    Diana Hause

    Realty Profiles, LLC

    (608) 217-4957

    12 in this area

    28 Total Sales

    Diana Hause
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1904213

South Central Wisconsin Multiple Listing Service

APN: 0709-231-3114-1

Wisconsin Dane County Madison 53703 Downtown Madison

437 W Doty St, Madison, WI

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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