NOT LISTED FOR SALE

739 E Gorham St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $511,000 - $659,064

4 Beds
2 Baths
1,986 Sq Ft
$288/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2019

Last sale price $349,900 $176 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,856 / mo

58 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Balcony
  • Marquette Elementary Rated A-
  • Main Floor Bedroom
  • 4-minute walk to Reynolds Park

About This Home

As of August 2019

Great opportunity to own income property in the heart of Madison. Two unit on the Isthmus across from Lake Mendota/James Madison Park. This 2-flat features lake views, 2 car attached garage, vinyl siding ,two furnaces, hardwood floors, French doors, fireplace and two porches. Unit 1 rented thru 8/14/2020 and unit 2 rented thru 8/14/19.

Last Agent to Sell the Property

Tommy Van Ess

First Weber Inc License #56689-90 Listed on: 05/13/2019

First Weber Inc

Co-Listed By

Laura Callahan

First Weber Inc License #74324-94

Last Buyer's Agent

David Pausch

Weichert, Realtors- Lakepoint License #83555-94

Weichert, Realtors- Lakepoint

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,219

Year Built

  • Built in 1937

Lot Details

  • 4,356

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Dining Room
  • Wood Flooring
  • Water Views
  • Partial Basement
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Parking

  • Attached Garage
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Additional Features

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

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-132-1404-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,219

Year Built

Built in 1937

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 story, 2 flat-up and down
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Included: Water heater, water softener, washer and dryer, refrigerators, ovens
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Waterfront: Waterview-No frontage
  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, 1 space, Outside

Schools

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

Lot Info

  • Estimated Aces: 0.1
  • Zoning: TR-V2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 29400

Tax Info

  • Net Taxes: 7219
  • Tax Year: 2018
  • Assessor Parcel Number: 0709-132-1404-8

Multi Family

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Aug 22, 2019
Sold by
Bought by
Seller's Agent
Tommy Van Ess
First Weber Inc
Buyer's Agent
David Pausch
Weichert, Realtors- Lakepoint
List Price
$399,900
Sold Price
$349,900
Premium/Discount to List
-$50,000
-12.5%
Current Estimated Value
$572,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,116
Avg. Annual Appreciation
7.38%
Original Mortgage
$9,252
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2012
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$349,900 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $35,000
Open $340,000
Closed $9,252
Closed $332,405
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/22/2019 08/22/19 Sold $349,900 0.0% $176 / Sq Ft
06/28/2019 06/28/19 Price Changed $349,900 -5.2% $176 / Sq Ft
06/12/2019 06/12/19 Price Changed $369,000 -7.7% $186 / Sq Ft
05/13/2019 05/13/19 For Sale $399,900 -- $201 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,985 $486,500 $130,500 $356,000
2024 $15,635 $446,300 $130,500 $315,800
2023 $7,170 $397,100 $130,500 $266,600
2022 $14,403 $367,700 $120,800 $246,900
2021 $7,372 $346,900 $120,800 $226,100
2020 $7,715 $346,900 $112,900 $234,000
2019 $7,595 $340,200 $102,600 $237,600
2018 $7,219 $324,000 $98,700 $225,300
2017 $7,300 $316,300 $98,700 $217,600
2016 $6,812 $287,500 $91,400 $196,100
2015 $6,488 $271,200 $78,300 $192,900
2014 $6,493 $271,200 $78,300 $192,900
2013 $5,932 $260,800 $75,300 $185,500
Source: Public Records

Agents Affiliated with this Home

  • Tommy Van Ess

    Seller's Agent in 2019

    Tommy Van Ess

    First Weber Inc

    (608) 395-7375

    201 Total Sales

    Tommy Van Ess
    Section Image
  • Laura Callahan

    Seller Co-Listing Agent in 2019

    Laura Callahan

    First Weber Inc

    (608) 235-7869

    215 Total Sales

    Laura Callahan
    Section Image
  • David Pausch

    Buyer's Agent in 2019

    David Pausch

    Weichert, Realtors- Lakepoint

    (608) 395-7777

    44 Total Sales

    David Pausch
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1857456

South Central Wisconsin Multiple Listing Service

APN: 0709-132-1404-8

Wisconsin Dane County Madison 53703 Tenney-Lapham

739 E Gorham St, Madison, WI

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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.

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