615 E Gorham St Madison, WI 53703
Tenney-Lapham NeighborhoodEstimated Value: $1,334,000
2
Beds
8
Baths
--
Sq Ft
7,275
Sq Ft Lot
About This Home
We are located directly across from James Madison Park and Lake Mendota....many units with views of the lake! Located just a few blocks from the capitol square, there is always something to do! We offer studios to four bedroom units. We have just remodeled six of our houses in this area! Two of our houses offer in unit laundry! One unit is available August 16th so contact us soon before it's gone!
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 14, 2014
Sold by
Matty Michael
Bought by
Gorham Apartments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,825,000
Outstanding Balance
$2,935,652
Interest Rate
4.13%
Mortgage Type
Commercial
Estimated Equity
-$1,601,652
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gorham Apartments Llc | -- | None Available | |
| Marty Michael | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gorham Apartments Llc | $3,825,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/04/2023 04/04/23 | Price Changed | $1,625 | +14.2% | -- |
| 07/28/2022 07/28/22 | Price Changed | $1,423 | +20.1% | -- |
| 06/07/2022 06/07/22 | For Rent | $1,185 | 0.0% | -- |
| 05/20/2022 05/20/22 | For Rent | $1,185 | -- | -- |
Tax History Compared to Growth
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 | $34,531 | $980,000 | $186,000 | $794,000 |
| 2023 | $16,180 | $890,000 | $169,000 | $721,000 |
| 2021 | $15,759 | $737,000 | $140,000 | $597,000 |
| 2020 | $14,974 | $670,000 | $140,000 | $530,000 |
| 2019 | $10,218 | $456,500 | $80,500 | $376,000 |
| 2018 | $9,707 | $434,500 | $80,500 | $354,000 |
| 2017 | $10,058 | $434,500 | $80,500 | $354,000 |
| 2016 | $9,832 | $413,500 | $73,500 | $340,000 |
| 2015 | $9,450 | $374,500 | $73,500 | $301,000 |
| 2014 | $8,995 | $374,500 | $73,500 | $301,000 |
| 2013 | $10,181 | $363,500 | $73,500 | $290,000 |
Source: Public Records
Map
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