NOT LISTED FOR SALE

515 E Mifflin St Unit 1 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $553,000 - $657,765

5 Beds
2 Baths
2,285 Sq Ft
$269/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $465,900 $204 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,678/month

19 Days on Market

About This Home

As of July 2022

This beautifully updated 2 flat features hardwood floors throughout, with tons of windows, just blocks from the capitol. The backyard is great for enjoying Madison summers. The lower unit is perfect for an owner occupant and can be easily converted back into a two bedroom unit. The upper unit boasts four bedrooms, with a beautifully updated bathroom. If buyer plans to owner occupy, please review condition report/land use for a potential $50k savings. Seller is a Wisconsin Licensee

Last Agent to Sell the Property

Peter Linsmeier

Granite Realty Partners, LLC License #85758-94 Listed on: 05/13/2022

Last Buyer's Agent

Tony Ritschard

First Weber Inc License #51680-94

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,447

Year Built

  • Built in 1900

Lot Details

  • 1,742

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Vinyl Siding

Schools

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

Utilities

  • Heating System Uses Steam
  • Separate Meters

Additional Features

  • Basement Fills Entire Space Under The House
  • 1,742 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-133-1503-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,447

Year Built

Built in 1900

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
  • Items Excluded: Sellers personal property
  • Items Included: Window coverings, washer/dryer, (3) refrigerator, (2) oven/ranges, (1) microwave, (1) dishwasher
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 3
  • Number Stoves: 2
  • Number Washers: 1
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Steam

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Utilities: Separate elec meters, Separate gas meters

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

  • Estimated Aces: 0.04
  • Zoning: PD
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 68800
  • Improvements: 374600
  • Total Assessment: 443400
  • Assessment year: 2021
  • Net Taxes: 9447
  • Tax Year: 2021
  • Assessor Parcel Number: 0709-133-1503-6

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jul 22, 2022
Sold by
Malloy Linsmeier Peter
Bought by
Matthews Luke
Seller's Agent
Peter Linsmeier
Granite Realty Partners, LLC
Buyer's Agent
Tony Ritschard
First Weber Inc
List Price
$539,000
Sold Price
$465,900
Premium/Discount to List
-$73,100
-13.56%
Total Days on Market
19
Current Estimated Value
$615,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,541
Avg. Annual Appreciation
10.15%
Original Mortgage
$396,015
Outstanding Balance
$381,903
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$233,538

Purchase Details

Listed on
May 11, 2017
Closed on
Jul 17, 2017
Sold by
Tham Jason L
Bought by
Linsmeier Peter M and Linsmeier Peter M
Seller's Agent
Susi Haviland
Stark Company, REALTORS
Buyer's Agent
Josh Blasi
Restaino & Associates
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$308,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 26, 2010
Closed on
Jan 20, 2012
Sold by
515 East Mifflin Street Llc
Bought by
Tham Jason L
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Nick Simon
First Weber Inc
List Price
$299,900
Sold Price
$265,000
Premium/Discount to List
-$34,900
-11.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$254,267
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2008
Sold by
Mifflin Marital Llc
Bought by
515 East Mifflin Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.54%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 2007
Sold by
Mifflin Marital Llc
Bought by
515 East Mifflin Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 28, 2006
Sold by
Redbrid Enterprises Llc
Bought by
Miffin Marital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.54%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Matthews Luke $465,900 None Listed On Document
Linsmeier Peter M $385,000 None Available
Tham Jason L $265,000 First American Title Ins Co
515 East Mifflin Street Llc -- None Available
515 East Mifflin Street Llc $238,000 None Available
Miffin Marital Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Luke $100,000
Closed Matthews Luke $100,000
Open Matthews Luke $396,015
Previous Owner Linsmeier Peter M $308,000
Previous Owner Tham Jason L $236,250
Previous Owner Tham Jason L $254,267
Previous Owner 515 East Mifflin Street Llc $240,000
Previous Owner 515 East Mifflin Street Llc $238,000
Previous Owner Mifflin Marital Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $465,900 -13.6% $204 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $539,000 +40.0% $236 / Sq Ft
07/17/2017 07/17/17 Sold $385,000 0.0% $168 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $385,000 +45.3% $168 / Sq Ft
01/26/2012 01/26/12 Sold $265,000 -11.6% $116 / Sq Ft
12/07/2011 12/07/11 Pending -- -- --
07/26/2010 07/26/10 For Sale $299,900 -- $131 / 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 $16,945 $498,500 $74,300 $424,200
2023 $8,428 $465,900 $74,300 $391,600
2021 $9,447 $443,400 $68,800 $374,600
2020 $9,323 $410,600 $66,800 $343,800
2019 $9,270 $410,600 $45,100 $365,500
2018 $8,728 $391,000 $45,100 $345,900
2017 $7,011 $303,900 $45,100 $258,800
2016 $6,858 $289,400 $41,000 $248,400
2015 $6,929 $275,600 $41,000 $234,600
2014 $6,599 $275,600 $41,000 $234,600
2013 $5,166 $265,000 $38,700 $226,300
Source: Public Records

Agents Affiliated with this Home

  • Peter Linsmeier

    Seller's Agent in 2022

    Peter Linsmeier

    Granite Realty Partners, LLC

    (262) 364-9094

    1 in this area

    7 Total Sales

    Peter Linsmeier
    Section Image
  • Tony Ritschard

    Buyer's Agent in 2022

    Tony Ritschard

    First Weber Inc

    (608) 279-0305

    12 in this area

    80 Total Sales

    Tony Ritschard
    Section Image
  • Susi Haviland

    Seller's Agent in 2017

    Susi Haviland

    Stark Company, REALTORS

    (608) 576-9211

    8 in this area

    250 Total Sales

    Susi Haviland
    Section Image
  • Josh Blasi

    Buyer's Agent in 2017

    Josh Blasi

    Restaino & Associates

    (608) 695-0273

    1 in this area

    201 Total Sales

    Josh Blasi
    Section Image
  • James Stopple

    Seller's Agent in 2012

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    7 in this area

    89 Total Sales

    James Stopple
    Section Image

  • N

    Buyer's Agent in 2012

    Nick Simon

    First Weber Inc

    (608) 213-1818

    28 Total Sales

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1934226

South Central Wisconsin Multiple Listing Service

APN: 0709-133-1503-6

Wisconsin Dane County Madison 53703 Downtown Madison

515 E Mifflin St Unit 1, Madison, WI

This home is located at 515 E Mifflin St Unit 1, Madison, WI 53703 since 13 May 2022 and is currently estimated at $615,441, approximately $269 per square foot. This property was built in 1900. 515 E Mifflin St Unit 1 is a home located in Dane County with nearby schools including Lapham Elementary School, 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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