NOT LISTED FOR SALE

512 W Doty St Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $480,113 - $527,000

4 Beds
2 Baths
1,360 Sq Ft
$374/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $357,000 $262 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,892/month

10 Days on Market

Highlights

  • Property is near a bus stop
  • Forced Air Heating System
  • 5-minute walk to Brittingham Park
  • Hamilton Middle School Rated A
  • Level Lot

About This Home

As of August 2021

Terrific income property in prime downtown location! Two character-filled flats with amenities that renters look for! Wood floors, trendy finishes, new appliances, large front porch, ample off-street parking, and in-unit laundry in the lower unit. Walking distance to hospitals, campus, and tons of bars & restaurants! Upstairs unit is ready for owner-occupy or can easily be re-rented. Five off-street parking spaces generate additional income at $100/mo per spot! Well-maintained & ready to start generating cash! Some photos are from previous rental listing and some are virtually staged.

Last Agent to Sell the Property

Andrea Bolan

Relish Realty License #58590-90 Listed on: 06/28/2021

Last Buyer's Agent

Nathan Zukas

Real Broker LLC License #92328-94

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,291

Year Built

  • Built in 1892

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Vinyl Siding

Parking

  • 4 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Oven or Range
  • Basement Fills Entire Space Under The House
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-231-3234-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,291

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Barrier Free: Level drive, Level lot
  • Miscellaneous: Close to bus line
  • Year Built: 1892
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 2
  • Number Washers: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside
  • Utilities: Separate elec meters

Schools

  • 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: 30000

Tax Info

  • Net Taxes: 6291
  • Tax Year: 2020
  • Assessor Parcel Number: 0709-231-3234-7

Multi Family

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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Aug 9, 2021
Sold by
Donovan Daniel J and Donovan Jennifer
Bought by
Laabs Joseph
Seller's Agent
Andrea Bolan
Relish Realty
Buyer's Agent
Nathan Zukas
Real Broker LLC
List Price
$359,900
Sold Price
$357,000
Premium/Discount to List
-$2,900
-0.81%
Current Estimated Value
$509,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,278
Avg. Annual Appreciation
8.63%
Original Mortgage
$267,750
Outstanding Balance
$243,468
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$265,810

Purchase Details

Closed on
Feb 23, 2017
Sold by
Belakhdar Faysal and Belakhdar Leila
Bought by
Donovan Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Laabs Joseph $357,000 None Available
Donovan Daniel J $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laabs Joseph $267,750
Previous Owner Donovan Daniel J $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2021 08/09/21 Sold $357,000 -0.8% $263 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $359,900 -- $265 / 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 $14,441 $412,600 $139,100 $273,500
2023 $6,960 $385,600 $139,100 $246,500
2021 $6,497 $306,200 $139,100 $167,100
2020 $6,291 $283,500 $135,000 $148,500
2019 $6,316 $283,500 $129,400 $154,100
2018 $6,003 $270,000 $129,400 $140,600
2017 $5,980 $259,700 $129,400 $130,300
2016 $5,982 $247,300 $117,600 $129,700
2015 $5,910 $235,500 $117,600 $117,900
2014 $5,628 $235,500 $117,600 $117,900
2013 $5,311 $226,400 $110,900 $115,500
Source: Public Records

Agents Affiliated with this Home

  • Andrea Bolan

    Seller's Agent in 2021

    Andrea Bolan

    Relish Realty

    (608) 215-0420

    6 in this area

    167 Total Sales

    Andrea Bolan
    Section Image

  • N

    Buyer's Agent in 2021

    Nathan Zukas

    Real Broker LLC

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1913177

South Central Wisconsin Multiple Listing Service

APN: 0709-231-3234-7

Wisconsin Dane County Madison 53703 Downtown Madison

512 W Doty St, Madison, WI

Not Listed for Sale

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