NOT LISTED FOR SALE

Estimated Value: $552,000 - $719,000

4 Beds
4 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold April 15, 2016

Last sale price $360,000

Est. 80% increase in value since last sale

Current estimated payment $4,271/month

1 Day on Market

Highlights

  • Balcony
  • Property is near a bus stop
  • 3-minute walk to James Madison Park
  • Eat-In Kitchen
  • Wood Siding

About This Home

As of April 2016

Great location on Isthmus for this 4-unit apartment building! Two studios and two 2-bedrooms. Uniquely styled units, hardwood floors in some units. Four off-street parking spaces.

Last Agent to Sell the Property

Donald Dantinne

South Central Non-Member License #26438-90 Listed on: 03/01/2016

Last Buyer's Agent

Andrew Stebnitz

Restaino & Associates License #56513-90

Restaino & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,789

Year Built

  • Built in 1889

Lot Details

  • 8,712

Parking

  • Outside Parking

Home Design

  • Wood Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

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

Utilities

  • Radiant Heating System
  • Water Softener Leased

Additional Features

  • 2-Story Property
  • Balcony
  • Property is near a bus stop
  • Partially Finished Basement

Community Details

  • 4 Units
  • Net Operating Income $23,790

Listing and Financial Details

  • Assessor Parcel Number 0709-132-1410-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,789

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Miscellaneous: Close to bus line, Water Softener Rented
  • Noi Year: 2016
  • Year Built: 1889
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially finished
  • Number Furnaces: 2
  • Number Refrigerators: 4
  • Number Stoves: 4
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

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

Fee Information

  • Total Expenses: 22510

Schools

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

Lot Info

  • Zoning: TR-V2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 46300

Tax Info

  • Land Assessment: 97000
  • Improvements: 287000
  • Total Assessment: 384000
  • Assessment year: 2015
  • Net Taxes: 8789
  • Tax Year: 2015
  • Assessor Parcel Number: 0709-132-1410-5

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Efficiencies: 2
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
Apr 15, 2016
Sold by
1014 Spaight Street Ii Llc
Bought by
Dch Properties Llc
Seller's Agent
Donald Dantinne
South Central Non-Member
Buyer's Agent
Andrew Stebnitz
Restaino & Associates
List Price
$370,000
Sold Price
$360,000
Premium/Discount to List
-$10,000
-2.7%
Total Days on Market
1
Current Estimated Value
$647,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,785
Avg. Annual Appreciation
6.42%
Original Mortgage
$360,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2006
Sold by
1014 Spaight Street I Llc
Bought by
Russell H Endres Living Trust

Purchase Details

Closed on
Aug 17, 2005
Sold by
Mcmanus Marianne L and Mcmanus Carroll L
Bought by
1014 Spaight I Llc and 1014 Spaight Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Dch Properties Llc $360,000 First American Title
Russell H Endres Living Trust $113,300 None Available
1014 Spaight I Llc $395,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dch Properties Llc $1,129,990
Closed Dch Properties Llc $360,000
Previous Owner 1014 Spaight I Llc $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $360,000 -2.7% --
03/02/2016 03/02/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $370,000 -- --
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 $21,370 $585,000 $143,000 $442,000
2023 $10,022 $530,000 $130,000 $400,000
2021 $9,680 $437,000 $107,000 $330,000
2020 $8,841 $397,000 $107,000 $290,000
2019 $8,447 $378,000 $107,000 $271,000
2018 $8,030 $360,000 $107,000 $253,000
2017 $8,320 $360,000 $107,000 $253,000
2016 $9,581 $403,000 $97,000 $306,000
2015 $9,220 $366,000 $97,000 $269,000
2014 $8,789 $366,000 $97,000 $269,000
2013 $8,102 $355,000 $97,000 $258,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1768188

South Central Wisconsin Multiple Listing Service

APN: 0709-132-1410-5