NOT LISTED FOR SALE

521 E Mifflin St Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $323,000 - $390,000

3 Beds
1 Bath
1,146 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $210,000 $183 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,028/month

16 Days on Market

About This Home

As of May 2020

Don't wait on this one! A rare opportunity to own a charming house in the heart of Madison's Old Market Place neighborhood! There is so much to love: Wood floors on the main level, lots of natural sun light, walking distance to State Street and King St., Festival Foods, scores of shops and restaurants are within a mile, James Madison Park only 2 blocks away, and the developing E. Washington Ave. corridor! There is no parking included with the property, all street parking. Property is vacant but was used as rental income for many years. Zoning will allow up to 5 unrelated tenants to occupy/lease the home.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 03/24/2020

Co-Listed By

Jeremy Fuelle

Real Broker LLC License #90207-94

Last Buyer's Agent

Rick Mcky

Stark Company, REALTORS License #31716-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,630

Year Built

  • Built in 1869

Lot Details

  • 2,614

Parking

  • 2019

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

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

Additional Features

  • 2,614 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 070913315028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,630

Year Built

Built in 1869

Lot Details

2,614 Sq Ft Lot

Parking

2019

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 Story, Singlefam Zoned Multifam
  • Items Excluded: Sellers personal property
  • Items Included: Furnace, water heater, stove, refrigerator
  • Year Built: 1869
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air

Utilities

  • Water Waste: Municipal Water

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.06
  • Zoning: TR-C4
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 4630
  • Tax Year: 2019
  • Assessor Parcel Number: 070913315028

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
May 19, 2020
Sold by
Orton Park Llc
Bought by
Trump Investments Llc
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Rick Mcky
Stark Company, REALTORS
List Price
$239,000
Sold Price
$210,000
Premium/Discount to List
-$29,000
-12.13%
Current Estimated Value
$323,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,994
Avg. Annual Appreciation
8.95%
Original Mortgage
$177,600
Outstanding Balance
$155,644
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$190,751

Purchase Details

Closed on
Feb 10, 2012
Sold by
Dmb Community Bank
Bought by
Orton Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,060
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2012
Sold by
521 East Mifflin Street Llc
Bought by
Dmb Community Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,060
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2007
Sold by
Trump Investments Llc
Bought by
521 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
$135,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Trump Investments Llc $210,000 First American Title
Orton Park Llc $243,600 None Available
Dmb Community Bank -- None Available
521 East Mifflin Street Llc $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trump Investments Llc $177,600
Previous Owner Orton Park Llc $207,060
Previous Owner 521 East Mifflin Street Llc $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $210,000 -12.1% $183 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $239,000 +13.8% $209 / Sq Ft
04/08/2020 04/08/20 Off Market $210,000 -- --
04/06/2020 04/06/20 For Sale $239,000 -- $209 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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
2023 $4,591 $256,000 $90,500 $165,500
2022 $9,401 $241,500 $90,500 $151,000
2021 $4,429 $210,000 $90,500 $119,500
2020 $4,612 $208,800 $87,900 $120,900
2019 $4,631 $208,800 $71,800 $137,000
2018 $3,841 $174,000 $59,800 $114,200
2017 $3,980 $174,000 $59,800 $114,200
2016 $3,324 $142,000 $54,400 $87,600
2015 $3,360 $142,000 $54,400 $87,600
2014 $3,362 $142,000 $54,400 $87,600
2013 $3,379 $135,000 $51,300 $83,700
Source: Public Records

Agents Affiliated with this Home

  • James Stopple

    Seller's Agent in 2020

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    9 in this area

    85 Total Sales

    James Stopple
    Section Image
  • Jeremy Fuelle

    Seller Co-Listing Agent in 2020

    Jeremy Fuelle

    Real Broker LLC

    (855) 450-0442

    2 in this area

    19 Total Sales

    Jeremy Fuelle
    Section Image

  • R

    Buyer's Agent in 2020

    Rick Mcky

    Stark Company, REALTORS

    (608) 829-1809

    1 Total Sale

    Rick Mcky
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1880737

South Central Wisconsin Multiple Listing Service

APN: 0709-133-1502-8

Wisconsin Dane County Madison 53703 Downtown Madison

521 E Mifflin St, Madison, WI

Not Listed for Sale

MultiFamily

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