$494,900
SOLD MAY 2, 2025

512 S Mills St Unit 12 Madison, WI 53715

Greenbush Neighborhood
4 Beds
2 Baths
1,632 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$303 Per Sq Ft

5% Below List Price

79 Days on Market

Highlights

  • Den
  • 1 Car Detached Garage
  • Patio
  • Hamilton Middle School Rated A
  • Forced Air Cooling System

About This Home

As of May 2025

Charming Duplex with Potential for Single-Family Conversion in Vilas Neighborhood located near the intersection of S. Mills St. and Drake St. The first floor features an old stairwell hidden within a closet that previously connected to the second floor. This could be reopened to convert the property back into a single-family home. Unit #512 Size: 1,024 sq. ft. Features: 2 bedrooms + den, 1 full bath, dining area, living room, screened front porch, and basement access with laundry. Lease Details: Rented at $1,695/month until 8/14/2025. Unit #512.5 Size: 608 sq. ft. (Second floor) Features: 2 bedrooms, 1 full bath, living room, and dining area. Lease Details: Rented at $1,625/month until 8/14/2025. New roof on the detached garage in 2024. A buyer could occupy after lease expires.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 10/22/2024

Co-Listed By

Tony Xiong

Madison Property Management, Inc. License #69875-94

Last Buyer's Agent

Kavita Biyani

Berkshire Hathaway HomeServices True Realty License #58698-90

Berkshire Hathaway HomeServices True Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,519

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 37x132
  • Property is zoned TRC3

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property
  • Den
  • Basement Fills Entire Space Under The House
  • Oven or Range
  • Laundry on lower level

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Additional Features

  • Patio
  • Forced Air Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,519

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Items Excluded: tenants personal property
  • Items Included: 2 stoves. 2 fridges, 1 furnace, 1 water heater
  • Year Built: 1930
  • Above Grade Price Per Sq Ft: 306.31
  • Above Grade Sold Price Per Sq Ft: 303.25
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 1632
  • Finished Sq Ft: 1632
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 11x11, On Level: U
  • Bedroom 2: Dimensions: 11x8, On Level: U
  • Bedroom 3: Dimensions: 11x11, On Level: M
  • Bedroom 4: Dimensions: 11x8, On Level: M
  • Kitchen: Dimensions: 10x11, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator
  • Living Room: Dimensions: 12x13, On Level: M
  • Dining Room: Dimensions: 9x13, On Level: M
  • Dining Area: Dimensions: 11x6, On Level: U
  • Family Room: Dimensions: 8x10, On Level: U
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 14x8, On Level: M
  • Laundry: On Level: L
  • Basement: Full
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel
  • Exterior Features: Patio

Garage/Parking

  • Driveway: Paved
  • Garage: Detached
  • Total Full Garage Stalls: 1

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air
  • Water Waste: Municipal water, Municipal sewer

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

  • Assessor Parcel Number: 0709-224-3938-0
  • Estimated Aces: 0.11
  • Lot Dimensions: 37X132
  • Zoning: TRC3
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 136500
  • Improvements: 308800
  • Total Assessment: 445300
  • Assessment year: 2024
  • Net Taxes: 7519
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2024
Closed on
May 2, 2025
Sold by
Wasserman Bonnie S
Bought by
Lu Runmin
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Kavita Biyani
Berkshire Hathaway HomeServices True Realty
List Price
$519,900
Sold Price
$494,900
Premium/Discount to List
-$25,000
-4.81%
Views
273
Current Estimated Value
$496,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,409
Avg. Annual Appreciation
5.26%
Original Mortgage
$470,155
Outstanding Balance
$470,155
Interest Rate
5.83%
Mortgage Type
New Conventional
Estimated Equity
$31,381
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $494,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $470,155 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $494,900 0.0% $303 / Sq Ft
05/02/2025 05/02/25 Sold $494,900 -1.0% $303 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
01/09/2025 01/09/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $499,900 0.0% $306 / Sq Ft
01/06/2025 01/06/25 Price Changed $499,900 -3.8% $306 / Sq Ft
10/22/2024 10/22/24 For Sale $519,900 0.0% $319 / Sq Ft
10/22/2024 10/22/24 For Sale $519,900 -- $319 / 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 $15,599 $445,300 $136,500 $308,800
2023 $7,519 $416,200 $105,000 $311,200
2021 $7,312 $344,100 $90,100 $254,000
2020 $7,079 $318,600 $90,100 $228,500
2019 $6,830 $306,300 $86,600 $219,700
2018 $6,251 $281,000 $80,200 $200,800
2017 $7,391 $320,200 $80,200 $240,000
2016 $7,028 $296,500 $74,300 $222,200
2015 $6,694 $266,400 $61,500 $204,900
2014 $6,376 $266,400 $61,500 $204,900
2013 $6,061 $266,400 $57,500 $208,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1988267

South Central Wisconsin Multiple Listing Service

APN: 0709-224-3938-0