NOT LISTED FOR SALE

505 S Dickinson St Unit 1 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $413,000 - $701,000

4 Beds
2 Baths
1,700 Sq Ft
$303/Sq Ft Est. Value

Last Sold August 13, 2012

Last sale price $165,500 $97 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $3,962/month

89 Days on Market

Highlights

  • Balcony
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Marquette Elementary Rated A-
  • Accessible Bedroom
  • Property is near a bus stop

About This Home

As of August 2012

Discover this fully rented 2 unit backing up to Marquette school playground. Rented through Aug, 2013. Beginning 08/14/12 rents are $800 on first floor and $725 on Second Floor. Features vinyl siding, rebuilt front porch ($13,000), and deck off 2nd floor to rear. Easy to rent.

Last Agent to Sell the Property

Rick Lyngaas

Century 21 Affiliated License #2472-90 Listed on: 04/27/2012

Century 21 Affiliated

Last Buyer's Agent

Rick Lyngaas

Century 21 Affiliated License #2472-90 Listed on: 04/27/2012

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,798

Year Built

  • Built in 1904

Lot Details

  • 2,962

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • Driveway Level
  • On-Street Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Balcony
  • Level Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-072-1702-1

Community Details

Overview

  • 2 Units
  • Farwell's Replat Subdivision

Building Details

  • Net Operating Income $7,122

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,798

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot, Low pile or no carpeting
  • Miscellaneous: Close to bus line
  • Noi Year: 2012
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 9318

Schools

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

Lot Info

  • Zoning: HIS-TL
  • Geo Subdivision: WI

Rental Info

  • Total Income: 16440

Tax Info

  • Land Assessment: 58000
  • Improvements: 106900
  • Total Assessment: 164900
  • Assessment year: 2012
  • Net Taxes: 3798
  • Tax Year: 2011
  • Assessor Parcel Number: 0710-072-1702-1

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2014
Sold by
Altschul Benjaminc
Bought by
505 S Dickinson Street Llc
Current Estimated Value
$514,292

Purchase Details

Listed on
Apr 27, 2012
Closed on
Jul 4, 2012
Sold by
Preston John S and Preston Virginia Steeper
Bought by
Altschul Benjamin C
Seller's Agent
Rick Lyngaas
Century 21 Affiliated
Buyer's Agent
Rick Lyngaas
Century 21 Affiliated
List Price
$174,900
Sold Price
$165,500
Premium/Discount to List
-$9,400
-5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$132,400
Interest Rate
3.6%
Mortgage Type
Unknown
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
505 S Dickinson Street Llc -- None Available
Altschul Benjamin C $165,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 505 S Dickinson St Llc $100,000
Closed 505 S Dickinson Street Llc $31,000
Previous Owner Altschul Benjamin C $132,400
Previous Owner Preston John S $164,500
Previous Owner Preston John $166,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2012 08/13/12 Sold $165,500 -5.4% $97 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $174,900 -- $103 / 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 $13,974 $399,400 $106,500 $292,900
2023 $5,752 $319,500 $106,500 $213,000
2021 $5,495 $259,600 $98,600 $161,000
2020 $5,322 $240,400 $93,000 $147,400
2019 $4,942 $222,600 $84,500 $138,100
2018 $4,697 $212,000 $84,500 $127,500
2017 $4,337 $189,300 $77,500 $111,800
2016 $4,046 $172,100 $71,100 $101,000
2015 $4,089 $172,100 $63,300 $108,800
2014 $4,092 $172,100 $63,300 $108,800
2013 $3,810 $165,500 $60,900 $104,600
Source: Public Records

Agents Affiliated with this Home

  • Rick Lyngaas

    Seller's Agent in 2012

    Rick Lyngaas

    Century 21 Affiliated

    (608) 217-4719

    27 Total Sales

    Rick Lyngaas
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1653685

South Central Wisconsin Multiple Listing Service

APN: 0710-072-1702-1

Wisconsin Dane County Madison 53703 Marquette

505 S Dickinson St Unit 1, Madison, WI

This home is located at 505 S Dickinson St Unit 1, Madison, WI 53703 since 27 April 2012 and is currently estimated at $514,292, approximately $302 per square foot. This property was built in 1904. 505 S Dickinson St Unit 1 is a home located in Dane County with nearby schools including Marquette Elementary, 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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