NOT LISTED FOR SALE

554 W Doty St Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $697,000 - $993,486

8 Beds
4 Baths
3,175 Sq Ft
$254/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2018

Last sale price $503,000 $158 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,388 / mo

94 Days on Market

Highlights

  • Balcony
  • Property is near bus stop
  • Forced Air Heating System
  • Hamilton Middle School Rated A
  • Water Softener is Owned
  • Family Room

About This Home

As of May 2018

great cash-flowing investment property just a few blocks from UW Campus and Capitol. Top unit on two floors includes 5 bedrooms and 2.5 baths, estimated 2,100 square feet. This unit rents for $2,725 per month with all utilities being the responsibility of the tenants. The lower unit is a 3 bedroom, 1 bath, estimated at 1,200 square feet. Rent on this unit is $1,450 per month plus all utilities being the responsibility of the tenant. Two off street parking spaces that are rented out at $80 per month each.

Last Agent to Sell the Property

Seth Pfaehler

The McGrady Group, LLC License #58575-90 Listed on: 12/08/2017

Co-Listed By

Matt McGrady

The McGrady Group, LLC License #53795-90

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,913

Year Built

  • Built in 1905

Lot Details

  • 4,356

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 2 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Water Softener is Owned

Additional Features

  • Balcony
  • 4,356 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-231-3220-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,913

Year Built

Built in 1905

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Excluded: Seller's and Tenant's personal Items
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside

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: 52200

Tax Info

  • Net Taxes: 10913
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-231-3220-6

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
May 3, 2018
Sold by
Disalvo Micah S
Bought by
554 W Doty Llc
Seller's Agent
Seth Pfaehler
The McGrady Group, LLC
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$520,200
Sold Price
$503,000
Premium/Discount to List
-$17,200
-3.31%
Current Estimated Value
$804,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,872
Avg. Annual Appreciation
6.05%
Original Mortgage
$427,550
Outstanding Balance
$364,239
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$440,633

Purchase Details

Closed on
Dec 6, 2011
Sold by
Lake House Investments 3 Llc
Bought by
Disalvo Micah

Purchase Details

Closed on
May 31, 2011
Sold by
Disalvo Elizabeth M
Bought by
Disalvo Micah S

Purchase Details

Closed on
Jul 11, 2006
Sold by
Disalvo Micah S and Disalvo Mart
Bought by
Lake House Investments 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,518
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 19, 2006
Sold by
Villacrez Enterprises
Bought by
Disalvo Micah and Rosenberg Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,518
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
554 W Doty Llc $503,000 None Available
Disalvo Micah -- None Available
Disalvo Micah S -- None Available
Lake House Investments 3 Llc -- None Available
Disalvo Micah $455,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 554 W Doty Llc $427,550
Previous Owner Disalvo Micah $364,518
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2018 05/03/18 Sold $503,000 -3.3% $158 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $520,200 -- $164 / 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
2025 $13,800 $731,600 $139,100 $592,500
2024 $24,096 $671,200 $139,100 $532,100
2023 $11,634 $627,300 $139,100 $488,200
2022 $24,016 $597,500 $139,100 $458,400
2021 $11,592 $543,200 $139,100 $404,100
2020 $11,222 $503,000 $135,000 $368,000
2019 $11,267 $503,000 $129,400 $373,600
2018 $10,766 $481,500 $129,400 $352,100
2017 $11,154 $481,500 $129,400 $352,100
2016 $10,954 $458,600 $117,600 $341,000
2015 $5,901 $436,800 $117,600 $319,200
2014 $10,504 $436,800 $117,600 $319,200
2013 $10,060 $420,000 $110,900 $309,100
Source: Public Records

Agents Affiliated with this Home

  • Seth Pfaehler

    Seller's Agent in 2018

    Seth Pfaehler

    The McGrady Group, LLC

    (608) 338-4812

    12 in this area

    439 Total Sales

    Seth Pfaehler
    Section Image
  • Matt McGrady

    Seller Co-Listing Agent in 2018

    Matt McGrady

    The McGrady Group, LLC

    (608) 772-3640

    10 in this area

    351 Total Sales

    Matt McGrady
    Section Image

  • S

    Buyer's Agent in 2018

    SCWMLS Non-Member

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1819192

South Central Wisconsin Multiple Listing Service

APN: 0709-231-3220-6

Wisconsin Dane County Madison 53703 Downtown Madison

554 W Doty St, Madison, WI

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