NOT LISTED FOR SALE

705 Orton Ct Madison, WI 53703

Marquette Neighborhood

Estimated Value: $784,000

4 Beds
4 Baths
2,700 Sq Ft
$290/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $581,903 $216 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,945/month

13 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Property is near bus stop
  • Marquette Elementary Rated A-
  • Balcony
  • 3-minute walk to Orton Park

About This Home

As of July 2021

Location, Location! 5 unit in the Willy St Neighborhood! This property boasts a New Roof 2021, Newly painted exterior 2021, Upgraded Electrical 2019, now separately metered to become tenant expense. New windows in two units. Repaired and replaced two decks. Currently at under market rent for this neighborhood. Age of furnaces 2013 & 2000. Serviced yearly. Water heaters 2017 & 1998, Water Softener 2007. Great Location, Lake Views, close to Downtown Madison, Willy St, Orton Park, Yahara Place Park, and McPike Park! Festival central! Very walkable neighborhood with great neighbors. 5 unit for sale in the Williamson St neighborhood!

Last Agent to Sell the Property

Renee Heine

Lauer Realty Group, Inc. License #70510-94 Listed on: 05/12/2021

Last Buyer's Agent

Andrew Stebnitz

Restaino & Associates License #56513-90

Restaino & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,154

Year Built

  • Built in 1900

Lot Details

  • 1,742

Parking

  • On-Street Parking

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Water Views
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Water Softener is Owned
  • High Speed Internet
  • Internet Available

Additional Features

  • Balcony
  • 1,742 Sq Ft Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 071007315114

Community Details

Overview

  • 5 Units
  • Third Lake District Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $19,190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,154

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 3 story
  • Items Excluded: Tenants personal items
  • Items Included: 5 refrigerators, 5 stoves, 1 Washer, 1 Dryer, 2 Furnaces, 2 H20 Heaters, 1 H20 Softener
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Internet - Cable, Internet - DSL
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Waterfront: Waterview-No frontage
  • Exterior: Vinyl, Wood

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 29410

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.04
  • Zoning: HIS-TL
  • Geo Subdivision: WI

Rental Info

  • Total Income: 48600

Tax Info

  • Net Taxes: 11154
  • Tax Year: 2020
  • Assessor Parcel Number: 071007315114

Multi Family

  • Number Of1 Bedrooms: 5
  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jul 6, 2021
Sold by
Rice Gary A
Bought by
Stebnitz Andrew and Voxman James
Seller's Agent
Renee Heine
Lauer Realty Group, Inc.
Buyer's Agent
Andrew Stebnitz
Restaino & Associates
List Price
$599,900
Sold Price
$581,903
Premium/Discount to List
-$17,997
-3%
Current Estimated Value
$784,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,097
Avg. Annual Appreciation
6.76%
Original Mortgage
$465,522
Outstanding Balance
$422,389
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$361,611

Purchase Details

Closed on
Jun 13, 2019
Sold by
Taylor Charles T
Bought by
Rice Gary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Stebnitz Andrew $582,000 First American Title
Rice Gary A $500,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stebnitz Andrew $465,522
Previous Owner Rice Gary A $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2021 07/06/21 Sold $581,903 -3.0% $216 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $599,900 -- $222 / 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
2024 $22,493 $640,000 $87,000 $553,000
2023 $10,550 $582,000 $79,000 $503,000
2022 $22,896 $582,000 $72,000 $510,000
2021 $10,664 $500,000 $65,000 $435,000
2020 $11,155 $500,000 $64,500 $435,500
2019 $11,005 $491,400 $64,500 $426,900
2018 $10,471 $468,400 $64,500 $403,900
2017 $10,849 $468,400 $64,500 $403,900
2016 $10,621 $446,400 $58,500 $387,900
2015 $10,222 $405,400 $58,500 $346,900
2014 $9,744 $405,400 $58,500 $346,900
2013 $8,986 $393,400 $58,500 $334,900
Source: Public Records

Agents Affiliated with this Home

  • Renee Heine

    Seller's Agent in 2021

    Renee Heine

    Lauer Realty Group, Inc.

    (608) 220-0440

    2 in this area

    86 Total Sales

    Renee Heine
    Section Image

  • A

    Buyer's Agent in 2021

    Andrew Stebnitz

    Restaino & Associates

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1908941

South Central Wisconsin Multiple Listing Service

APN: 0710-073-1511-4

Wisconsin Dane County Madison 53703 Marquette

705 Orton Ct, Madison, WI

Not Listed for Sale

MultiFamily

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