NOT LISTED FOR SALE

827 E Gorham St Madison, WI 53703

Tenney-Lapham Neighborhood

Estimated Value: $582,000 - $978,000

0.2 Acre
$4,192,840 Price per Acre
8,712 Sq Ft Lot

Last Sold May 12, 2017

Last sale price $125,000 $71 Per Sq Ft

Est. 571% increase in value since last sale

Current estimated payment $5,306/month

Highlights

  • 0.2 Acre Lot
  • Level Lot
  • 4-minute walk to Reynolds Park

About This Lot

As of May 2017

OMG!!! Rare and unique opportunity for the builder or investor. Downtown vacant lot with far to many options and opportunities. Currently approved for a duplex, but with lot size many possibilities are available. Location, Location. Walk to Lake Mendota and James Madison Park in minutes. Don't let this opportunity pass you by.

Last Agent to Sell the Property

Mike Yeager

Wisconsin Real Estate Brokers License #56474-90 Listed on: 01/08/2016

Last Buyer's Agent

Mike Yeager

Wisconsin Real Estate Brokers License #56474-90 Listed on: 01/08/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,365

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts an easement
  • Level Lot
  • Property is zoned TR-v2

Parking

  • Shared Driveway

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 0709-132-0909-9

Property Details

Property Type

Land

Est. Annual Taxes

$2,365

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Lots & Acreage
  • Type: Lots & Acreage
  • Miscellaneous: Shared drive required
  • Legal Description: BLK 140, Lot 5
  • Price/SqFeet: 14.35
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road: Paved, Easement

Utilities

  • Utilities Avail To Lot: Natural gas
  • Waste Disposal: Municipal sewer available
  • Water System: Municipal water available

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
  • Lot Number S: 5
  • Number Of Lots: 1
  • Topography: Level
  • Total Acres: 0.2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 94700
  • Improvements: 3000
  • Improvements Type: Curb/gutter, Sidewalk, Driveway
  • Total Assessment: 97700
  • Assessment year: 2015
  • Net Taxes: 2365
  • Tax Year: 2015
  • Assessor Parcel Number: 0709-132-0909-9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2018
Sold by
Houden Christopher A
Bought by
700 East Ii Llc
Current Estimated Value
$838,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$422,858
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$480,612

Purchase Details

Listed on
Jan 8, 2016
Closed on
May 9, 2017
Sold by
Blue Mountain Homes Llc
Bought by
Dch Properties Llc
Seller's Agent
Mike Yeager
Wisconsin Real Estate Brokers
Buyer's Agent
Mike Yeager
Wisconsin Real Estate Brokers
List Price
$260,000
Sold Price
$125,000
Premium/Discount to List
-$135,000
-51.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.73%
Original Mortgage
$100,000
Interest Rate
4.08%
Mortgage Type
Unknown

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jul 10, 2013
Sold by
Kohn Mike and Kohn Michael D
Bought by
Blue Mountain Homes Llc
Seller's Agent
Jeff Waldman
John Fontain Realty
Buyer's Agent
Michelle Folmer
Key Realty, Inc
List Price
$151,900
Sold Price
$146,900
Premium/Discount to List
-$5,000
-3.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.12%

Purchase Details

Closed on
Dec 30, 2004
Sold by
Hoppmann Kelli R and Doolittle Craig F
Bought by
Kohn Kike
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
700 East Ii Llc -- None Available
Houden Christopher A -- None Available
Dch Properties Llc $125,000 None Available
Blue Mountain Homes Llc $146,900 None Available
Kohn Kike $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 700 East Ii Llc $480,000
Previous Owner Dch Properties Llc $100,000
Previous Owner Dch Properties Llc $100,000
Previous Owner Kohn Michael D $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $125,000 -51.9% $71 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
01/08/2016 01/08/16 For Sale $260,000 +77.0% $148 / Sq Ft
07/10/2013 07/10/13 Sold $146,900 -3.3% $84 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $151,900 -- $86 / Sq Ft
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 $28,689 $815,000 $173,000 $642,000
2023 $13,438 $740,000 $157,000 $583,000
2021 $14,340 $671,000 $130,000 $541,000
2020 $13,626 $610,000 $130,000 $480,000
2019 $4,658 $210,000 $130,000 $80,000
2018 $2,815 $125,000 $125,000 $0
2017 $3,702 $158,700 $158,700 $0
2016 $2,452 $102,300 $102,300 $0
2015 $2,287 $197,400 $87,700 $109,700
2014 $4,705 $197,400 $87,700 $109,700
2013 $3,826 $164,300 $84,300 $80,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mike Yeager

    Wisconsin Real Estate Brokers

    (608) 574-7421

    3 Total Sales

    Mike Yeager
    Section Image

  • J

    Seller's Agent in 2013

    Jeff Waldman

    John Fontain Realty

    Section Image
  • Michelle Folmer

    Buyer's Agent in 2013

    Michelle Folmer

    Key Realty, Inc

    (608) 290-2602

    59 Total Sales

    Michelle Folmer
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1764519

South Central Wisconsin Multiple Listing Service

APN: 0709-132-0909-9

Wisconsin Dane County Madison 53703 Tenney-Lapham

827 E Gorham St, Madison, WI

This home is located at 827 E Gorham St, Madison, WI 53703 since 08 January 2016 and is currently estimated at $838,568, approximately $477 per square foot. 827 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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