NOT LISTED FOR SALE

532 W Mifflin St Unit 1 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $778,000 - $889,093

7 Beds
2 Baths
2,196 Sq Ft
$376/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $512,900 $234 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,274/month

10 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Accessible Bedroom
  • Hamilton Middle School Rated A
  • Eat-In Kitchen
  • Property is near a bus stop

About This Home

As of October 2017

SOLD COMP. Mifflin St. 2 flat, no vacancies last 26 years! Separate furnaces and electrical, exterior painted in 2013. Parking stalls rent separately.

Last Agent to Sell the Property

Michael Gordon

Restaino & Associates License #8753-90 Listed on: 08/26/2017

Restaino & Associates

Last Buyer's Agent

Luke Lestikow

First Weber, Inc License #60063-94

First Weber, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,800

Year Built

  • Built in 1902

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 6 Open Parking Spaces
  • Driveway Level
  • On-Street Parking
  • Outside Parking

Schools

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

Utilities

  • Separate Meters
  • Individual Controls for Heating

Additional Features

  • Wood Flooring
  • Walk-in Shower
  • Basement Fills Entire Space Under The House
  • Accessible Bedroom
  • Balcony
  • Property is near a bus stop

Community Details

  • 2 Units
  • Original Plat Subdivision
  • The community has rules related to parking rules

Listing and Financial Details

  • Assessor Parcel Number 0709-231-2433-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,800

Year Built

Built in 1902

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: First floor bedroom, Stall shower, Level drive, Level lot
  • Items Included: 2 stoves, 2 refrigerators
  • Miscellaneous: Close to bus line
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Garage/Parking

  • Heating Fuel: Natural Gas
  • Parking Stalls Outside: 6

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside, Parking fee
  • Utilities: Separate elec meters, Separate gas 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: 52680

Tax Info

  • Net Taxes: 7800
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-231-2433-6

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2018
Sold by
Rood Jeffrey W
Bought by
Madison Pads Llc
Current Estimated Value
$825,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,063,250
Outstanding Balance
$1,778,162
Interest Rate
4.44%
Mortgage Type
Commercial
Estimated Equity
-$952,639

Purchase Details

Listed on
Aug 26, 2017
Closed on
Oct 30, 2017
Sold by
Miffland Llc
Bought by
Rood Jeffrey W
Seller's Agent
Michael Gordon
Restaino & Associates
Buyer's Agent
Luke Lestikow
First Weber, Inc
List Price
$526,900
Sold Price
$512,900
Premium/Discount to List
-$14,000
-2.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$384,675
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2016
Sold by
Gordon Michael J and Gordon Kathy J
Bought by
Miffland Llc
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
Madison Pads Llc -- None Available
Rood Jeffrey W $512,900 --
Miffland Llc -- None Available
Gordon Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Pads Llc $2,063,250
Previous Owner Rood Jeffrey W $384,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2017 10/30/17 Sold $512,900 -2.7% $234 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
08/26/2017 08/26/17 For Sale $526,900 -- $240 / 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 $22,964 $653,300 $139,100 $514,200
2023 $11,073 $610,600 $139,100 $471,500
2021 $11,916 $553,900 $139,100 $414,800
2020 $11,445 $512,900 $135,000 $377,900
2019 $11,535 $512,900 $129,400 $383,500
2018 $11,473 $512,900 $129,400 $383,500
2017 $7,972 $345,100 $129,400 $215,700
2016 $7,800 $328,700 $117,600 $211,100
2015 $7,881 $313,000 $117,600 $195,400
2014 $7,505 $313,000 $117,600 $195,400
2013 $7,120 $301,000 $110,900 $190,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michael Gordon

    Restaino & Associates

    (608) 695-7777

    10 Total Sales

    Michael Gordon
    Section Image
  • Luke Lestikow

    Buyer's Agent in 2017

    Luke Lestikow

    First Weber, Inc

    (608) 215-0028

    5 in this area

    129 Total Sales

    Luke Lestikow
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1817673

South Central Wisconsin Multiple Listing Service

APN: 0709-231-2433-6

Wisconsin Dane County Madison 53703 Downtown Madison

532 W Mifflin St Unit 1, Madison, WI

Not Listed for Sale

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