NOT LISTED FOR SALE

609 E Johnson St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $514,000 - $825,000

7 Beds
4 Baths
-- Sq Ft
6,600 Sq Ft Lot

Last Sold June 29, 2012

Last sale price $310,000

Est. 129% increase in value since last sale

Current estimated payment $4,419/month

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • 2-minute walk to James Madison Park
  • Property is near a bus stop

About This Home

As of June 2012

Great investment opportunity. Downtown-campus area 4-unit has great rental history and cash flow. Summer 2010 NEW ROOF! 7 parking spots off street parking. Parking revenue is $220/month. Total Income from rents and parking fees: $42,360.

Last Agent to Sell the Property

David Smith

South Central Non-Member License #68086-94 Listed on: 04/04/2008

Last Buyer's Agent

Troy Rost

Stark Company, REALTORS License #54873-90

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,686

Year Built

  • Built in 1935

Lot Details

  • 6,600

Parking

  • Outside Parking

Home Design

  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

  • Call School District Elementary And Middle School
  • East High School

Additional Features

  • 6,600 Sq Ft Lot
  • Property is near a bus stop
  • Forced Air Heating System

Community Details

  • 4 Units
  • The community has rules related to parking rules

Listing and Financial Details

  • Assessor Parcel Number 0709-133-1013-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,686

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Miscellaneous: Close to bus line
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside, Parking fee

Schools

  • Elementary School: Call School District
  • High School: East
  • Middle School: Call School District
  • School District: Madison

Lot Info

  • Estimated Lot Sq Ft: 6600
  • Zoning: R5

Rental Info

  • Total Income: 42360

Tax Info

  • Net Taxes: 7686
  • Tax Year: 2010
  • Assessor Parcel Number: 0709-133-1013-5

Multi Family

  • Number Of1 Bedrooms: 3
  • Number Of3 Bedrooms: 1
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2008
Closed on
Jun 29, 2012
Sold by
Steindl James M
Bought by
609 & 611 East Johnson Llc
Seller's Agent
David Smith
South Central Non-Member
Buyer's Agent
Troy Rost
Stark Company, REALTORS
List Price
$387,900
Sold Price
$310,000
Premium/Discount to List
-$77,900
-20.08%
Current Estimated Value
$708,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,894
Avg. Annual Appreciation
6.40%
Original Mortgage
$248,000
Outstanding Balance
$172,482
Interest Rate
3.83%
Mortgage Type
Commercial
Estimated Equity
$536,412

Purchase Details

Closed on
Jan 1, 2009
Sold by
Cynthia R Sagmoen Living Trust
Bought by
James M Steindl Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
609 & 611 East Johnson Llc $310,000 None Available
James M Steindl Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 609 & 611 East Johnson Llc $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $310,000 -20.1% --
05/30/2012 05/30/12 Pending -- -- --
04/04/2008 04/04/08 For Sale $387,900 -- --
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 $29,615 $750,000 $105,000 $645,000
2023 $12,674 $680,000 $95,000 $585,000
2021 $12,445 $562,000 $78,000 $484,000
2020 $11,840 $510,000 $77,500 $432,500
2019 $11,357 $486,000 $77,500 $408,500
2018 $10,836 $463,000 $77,500 $385,500
2017 $11,222 $463,000 $77,500 $385,500
2016 $11,004 $441,000 $70,500 $370,500
2015 $10,092 $400,000 $70,500 $329,500
2014 $9,613 $400,000 $70,500 $329,500
2013 $7,961 $310,000 $70,500 $239,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    David Smith

    South Central Non-Member

  • Troy Rost

    Buyer's Agent in 2012

    Troy Rost

    Stark Company, REALTORS

    (608) 320-0232

    Troy Rost
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1515879

South Central Wisconsin Multiple Listing Service

APN: 0709-133-1013-5

Wisconsin Dane County Madison 53703 Tenney-Lapham

609 E Johnson St, Madison, WI

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.

Nearby Homes