Seller's Agent in 2014
Stuart Meland
Madcityhomes.Com
(608) 438-3150
12 in this area
519 Total Sales
516 E Mifflin St Unit 1 Madison, WI 53703
Downtown Madison NeighborhoodEstimated Value: $758,000 - $815,000
8
Beds
4
Baths
3,350
Sq Ft
$232/Sq Ft
Est. Value
Highlights
- Balcony
- Property is near bus stop
- Family Room
- Eat-In Kitchen
- Heating System Uses Steam
- 4-minute walk to James Madison Park
About This Home
As of July 20144 unit apartment building downtown. Excellent rental history. (never a vacancy in over 10 years) Most all units have nice re-finished hardwood flooring. No maintenance vinyl siding & windows & newer appliances. Brand new Boiler was installed in 2008. All units have been remodeled recently & show excellent. 2013 Gross Rental Income was $44,108.81. Total Expenses were $15,876.96 which included Real Estate Taxes of $8,604.46 & property insurance of $1,221. Net Income after all expenses was $28,231.85.
Last Agent to Sell the Property
Madcityhomes.Com License #51242-90 Listed on: 04/02/2014
Last Buyer's Agent
Seller Sold Listing
Seller Sold Listings
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,605
Year Built
- Built in 1919
Lot Details
- 3,049
Home Design
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Family Room
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Oven or Range
Schools
- Lapham/Marquette Elementary School
- Okeeffe Middle School
- East High School
Utilities
- Heating System Uses Steam
- Separate Meters
Additional Features
- Balcony
- 3,049 Sq Ft Lot
- Property is near bus stop
Community Details
- 4 Units
- Laundry Facilities
- Net Operating Income $28,232
Listing and Financial Details
- Assessor Parcel Number 0709-133-1433-5
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2014
Closed on
Jul 23, 2014
Sold by
Bought by
Seller's Agent
Stuart Meland
Madcityhomes.Com
Buyer's Agent
Seller Sold Listing
Seller Sold Listings
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
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
$424,532
Avg. Annual Appreciation
6.40%
Original Mortgage
$370,000
Interest Rate
0.042%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $370,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $370,000 | ||
| Closed | $39,159 | ||
| Closed | $50,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2014 07/23/14 | Sold | $370,000 | -7.3% | $110 / Sq Ft |
| 06/10/2014 06/10/14 | Pending | -- | -- | -- |
| 04/02/2014 04/02/14 | For Sale | $399,000 | -- | $119 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $14,032 | $699,600 | $123,000 | $576,600 |
| 2024 | $25,801 | $660,000 | $123,000 | $537,000 |
| 2023 | $11,973 | $600,000 | $112,000 | $488,000 |
| 2022 | $22,380 | $569,000 | $102,000 | $467,000 |
| 2021 | $10,556 | $495,000 | $93,000 | $402,000 |
| 2020 | $10,009 | $449,000 | $92,500 | $356,500 |
| 2019 | $9,575 | $428,000 | $92,500 | $335,500 |
| 2018 | $9,186 | $408,000 | $92,500 | $315,500 |
| 2017 | $9,439 | $408,000 | $92,500 | $315,500 |
| 2016 | $9,245 | $389,000 | $84,500 | $304,500 |
| 2015 | $8,881 | $353,000 | $84,500 | $268,500 |
| 2014 | $8,474 | $353,000 | $84,500 | $268,500 |
| 2013 | $7,986 | $343,000 | $84,500 | $258,500 |
Source: Public Records
Agents Affiliated with this Home
-
Stuart Meland
-
S
Buyer's Agent in 2014
Seller Sold Listing
Seller Sold Listings
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1711090
APN: 0709-133-1433-5
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.
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