NOT LISTED FOR SALE

532 W Mifflin St Unit 1 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $874,000 - $979,000

7 Beds
2 Baths
2,196 Sq Ft
$415/Sq Ft Est. Value

Last Sold October 30, 2017

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

Est. 78% increase in value since last sale

Current estimated payment $6,724/month

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
  • Noi Year: 2016
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Water Heaters: 2

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

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • 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

  • Land Assessment: 129400
  • Improvements: 215700
  • Total Assessment: 345100
  • Assessment year: 2017
  • 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
$910,862

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
$1,796,960
Interest Rate
4.44%
Mortgage Type
Commercial
Estimated Equity
-$960,362

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
6.38%
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:

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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 Change Sq Ft Price
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

    9 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

    131 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

This home is located at 532 W Mifflin St Unit 1, Madison, WI 53703 since 26 August 2017 and is currently estimated at $910,862, approximately $414 per square foot. This property was built in 1902. 532 W Mifflin St Unit 1 is a home located in Dane County with nearby schools including Franklin Elementary School, Hamilton Middle School, and West 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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