NOT LISTED FOR SALE

824 E Gorham St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $444,000 - $699,000

4 Beds
2 Baths
1,900 Sq Ft
$325/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $525,000 $276 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,911/month

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen
  • Outdoor Storage
  • 4-minute walk to Reynolds Park

About This Home

As of September 2020

Very desirable, Near East location 2-flat is within blocks of many popular destinations. It shows the care of a long-time, owner-occupied 2-flat. It’s south-facing with private entrances, Deco/60’s influence and beautiful red oak floors, lots of closets and additional amenities: 4 off-street parking spaces; Newer windows and roof; Basement laundry (new dryer); 2 HE furnaces, ACs and water heaters; New, top of the line, energy efficient side door entrance; Porcelain ceramic floor in side entrance, etc.; Updated bathrooms; Entrance hallway and upper unit, Feng Shuied; A stately Gingko graces the beautifully landscaped perennial gardens and Japanese Maple shaded small stone patio; New upstairs refrigerator; Upstairs Jenn-Air convection oven with attachments; and 4yo Radon Mitigation system.

Last Agent to Sell the Property

Seth Pfaehler

The McGrady Group, LLC License #58575-90 Listed on: 07/21/2020

Co-Listed By

Matt McGrady

The McGrady Group, LLC License #53795-90

Last Buyer's Agent

Tobi Silgman

Lauer Realty Group, Inc. License #61610-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,113

Year Built

  • Built in 1956

Lot Details

  • 3,049

Home Design

  • Duplex
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • Low Emissivity Windows
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating

Additional Features

  • Outdoor Storage
  • 3,049 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-132-0805-9

Community Details

Overview

  • 2 Units
  • Heim Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,113

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Included: 2 Stoves, 2 refrigerators, 1 washer, 1 dryer, Radon Mitigation System, 2 Water heaters, 2 Furnaces
  • Miscellaneous: Shared laundry, Close to bus line
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Wood, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters, Separate gas meters

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

  • Estimated Aces: 0.07
  • Zoning: TR-C4
  • Geo Subdivision: WI

Green Features

  • Energy Efficient Green: Low E Windows

Rental Info

  • Total Income: 35640

Tax Info

  • Land Assessment: 82900
  • Improvements: 319400
  • Total Assessment: 402300
  • Assessment year: 2020
  • Net Taxes: 8113
  • Tax Year: 2019
  • Assessor Parcel Number: 0709-132-0805-9

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
Olson Michael R
Bought by
Michael Raymond Olson Revocable Trust
Current Estimated Value
$618,056

Purchase Details

Listed on
Jul 21, 2020
Closed on
Sep 25, 2020
Sold by
Boeing Beth J and Bjb Living Trust
Bought by
Olson Michael R and Westfox Margaret M
Seller's Agent
Seth Pfaehler
The McGrady Group, LLC
Buyer's Agent
Tobi Silgman
Lauer Realty Group, Inc.
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$393,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2016
Sold by
Boeing Beth J
Bought by
Boeing Beth J and Bjb Living Trust
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Michael Raymond Olson Revocable Trust -- None Available
Olson Michael R $525,000 Knight Barry Title
Boeing Beth J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revocabl Michael Raymond Olson $386,000
Previous Owner Olson Michael R $393,750
Previous Owner Boeing Beth J $10,000
Previous Owner Boeing Beth J $156,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $525,000 0.0% $276 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $525,000 0.0% $276 / Sq Ft
07/21/2020 07/21/20 Off Market $525,000 -- --
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 $20,178 $589,800 $95,800 $494,000
2023 $9,659 $551,200 $95,800 $455,400
2021 $10,898 $525,000 $88,700 $436,300
2020 $8,766 $402,300 $82,900 $319,400
2019 $8,113 $372,500 $75,400 $297,100
2018 $7,733 $354,800 $72,500 $282,300
2017 $7,316 $322,500 $72,500 $250,000
2016 $6,950 $293,200 $67,100 $226,100
2015 $6,492 $276,600 $57,500 $219,100
2014 $6,492 $276,600 $57,500 $219,100
2013 $6,286 $266,000 $55,300 $210,700
Source: Public Records

Agents Affiliated with this Home

  • Seth Pfaehler

    Seller's Agent in 2020

    Seth Pfaehler

    The McGrady Group, LLC

    (608) 338-4812

    10 in this area

    454 Total Sales

    Seth Pfaehler
    Section Image
  • Matt McGrady

    Seller Co-Listing Agent in 2020

    Matt McGrady

    The McGrady Group, LLC

    (608) 772-3640

    6 in this area

    358 Total Sales

    Matt McGrady
    Section Image
  • Tobi Silgman

    Buyer's Agent in 2020

    Tobi Silgman

    Lauer Realty Group, Inc.

    (608) 279-3591

    19 in this area

    254 Total Sales

    Tobi Silgman
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1888858

South Central Wisconsin Multiple Listing Service

APN: 0709-132-0805-9

Wisconsin Dane County Madison 53703 Tenney-Lapham

824 E Gorham St, Madison, WI

This home is located at 824 E Gorham St, Madison, WI 53703 since 21 July 2020 and is currently estimated at $618,056, approximately $325 per square foot. This property was built in 1956. 824 E Gorham St is a home located in Dane County with nearby schools including Lapham Elementary School, O'Keeffe Middle, and East High School.

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.

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