Seller's Agent in 2022
Peter Linsmeier
Granite Realty Partners, LLC
(262) 364-9094
1 in this area
7 Total Sales
515 E Mifflin St Unit 1 Madison, WI 53703
Downtown Madison Neighborhood
5
Beds
2
Baths
2,285
Sq Ft
1,782
Sq Ft Lot
Highlights
- Den
- Eat-In Kitchen
- Family Room
- Balcony
- Property is near a bus stop
- 4-minute walk to James Madison Park
About This Home
As of July 2022Already leased through the next fall 2011-2012 season. Well maintained 5 Bedroom 2 flat conveniently located downtown 2 blocks from “James Madison Park” This 2 unit apartment includes hardware floors, updated kitchen area, updated bathrooms and a large front porch. (This property is qualified for the Mansion Hill James Madison Park Neighborhood TIF loan program that provides 0% interest on forgivable second mortgage loans to qualified borrower(s) to finance a portion of the purchase/rehab.
Last Agent to Sell the Property
Madison Property Management, Inc. License #12003-90 Listed on: 07/26/2010
Last Buyer's Agent
Nick Simon
First Weber Inc License #56707-90
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,805
Year Built
- Built in 1900
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- Family Room
- Den
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Oven or Range
Parking
- On-Street Parking
- Outside Parking
Schools
- Lapham/Marquette Elementary School
- Okeeffe Middle School
- East High School
Additional Features
- Balcony
- 1,782 Sq Ft Lot
- Property is near a bus stop
- Separate Meters
Community Details
- 2 Units
- Laundry Facilities
- Net Operating Income $29,880
Listing and Financial Details
- Assessor Parcel Number 0709-133-1503-6
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
499
Current Estimated Value
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $465,900 | None Listed On Document | |
| Warranty Deed | $385,000 | None Available | |
| Warranty Deed | $265,000 | First American Title Ins Co | |
| Warranty Deed | -- | None Available | |
| Land Contract | $238,000 | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Credit Line Revolving | |
| Closed | $100,000 | Credit Line Revolving | |
| Open | $396,015 | New Conventional | |
| Previous Owner | $308,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $236,250 | New Conventional | |
| Previous Owner | $254,267 | FHA | |
| Previous Owner | $240,000 | Unknown | |
| Previous Owner | $238,000 | Seller Take Back | |
| Previous Owner | $0 | Commercial |
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
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
-
Tony Ritschard
Buyer's Agent in 2022
Tony Ritschard
First Weber Inc
(608) 279-0305
12 in this area
80 Total Sales
-
Susi Haviland
Seller's Agent in 2017
Susi Haviland
Stark Company, REALTORS
(608) 576-9211
8 in this area
250 Total Sales
-
Josh Blasi
Buyer's Agent in 2017
Josh Blasi
Restaino & Associates
(608) 695-0273
1 in this area
201 Total Sales
-
James Stopple
Seller's Agent in 2012
James Stopple
Madison Property Management, Inc.
(608) 516-8272
7 in this area
89 Total Sales
-
N
Buyer's Agent in 2012
Nick Simon
First Weber Inc
(608) 213-1818
28 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1601424
APN: 0709-133-1503-6
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