$490,000
SOLD MAY 19, 2025
-- Bed
-- Bath
1,986 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$247 Per Sq Ft

15% Below List Price

385 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 3-minute walk to R. Richard Wagner Park
  • Marquette Elementary Rated A-

About This Home

As of May 2025

This charming 2-unit home has undergone some impressive improvements that enhance its appeal and functionality. The front room has been converted into a cozy bedroom, complete with new closets and a door. In the 1st unit apartment, the middle space has been opened up, creating a more spacious common area for relaxing and socializing. Both unit 1 & 2 now have in-unit washer/dryers for added convenience. The 2nd floor apartment features beautifully restored hardwood floors and a generous 1 bdrm layout. You'll also enjoy a private back deck. The kitchen in both units has been upgraded with new stainless steel appliances, adding a touch of modern style. Situated just one block away from BB Clark and Willy Street, this home offers a fantastic location!

Last Agent to Sell the Property

Jeff Jansen

ALTUS Commercial Real Estate, Inc. License #47025-90 Listed on: 02/16/2024

Co-Listed By

Mitch Marty

ALTUS Commercial Real Estate, Inc. License #88007-94

Last Buyer's Agent

Matt Kornstedt

Stark Company, REALTORS

Stark Company, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,430

Year Built

  • Built in 1880

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Open Parking Spaces
  • Outside Parking

Schools

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

Additional Features

  • 4,356 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-134-1427-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,430

Year Built

Built in 1880

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 Excluded: tenants and owners personal property
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Crawl space
  • Number Dryers: 2
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 2
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood, Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 2

Utilities

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

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: 0.1
  • Zoning: HIS-TL
  • Geo Subdivision: WI

Rental Info

  • Total Income: 3125

Tax Info

  • Land Assessment: 116300
  • Improvements: 349700
  • Total Assessment: 466000
  • Assessment year: 2023
  • Net Taxes: 8430
  • Tax Year: 2023
  • Assessor Parcel Number: 0709-134-1427-6

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
May 19, 2025
Sold by
Brand Henry Thomson
Bought by
Heaton George Clinton and Heaton Laurie
Seller's Agent
Jeff Jansen
ALTUS Commercial Real Estate, Inc.
Buyer's Agent
Matt Kornstedt
Stark Company, REALTORS
List Price
$575,000
Sold Price
$490,000
Premium/Discount to List
-$85,000
-14.78%
Views
695
Current Estimated Value
$493,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,531
Avg. Annual Appreciation
2.91%
Original Mortgage
$340,000
Outstanding Balance
$339,398
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$154,133

Purchase Details

Closed on
Aug 12, 2016
Sold by
Orton Park Llc
Bought by
Brand Henry Thomson

Purchase Details

Closed on
Aug 20, 2012
Sold by
834 Jenifer Street Llc
Bought by
Orton Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,545,384
Interest Rate
3.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 21, 2006
Sold by
Cmi Flats Llc
Bought by
834 Jennifer Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.54%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 7, 2004
Sold by
Lewis Scott C
Bought by
Cmi Flats Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $490,000 None Listed On Document
Warranty Deed $286,000 None Available
Warranty Deed $198,800 First American Title
Warranty Deed $245,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Previous Owner $228,000 New Conventional
Previous Owner $1,545,384 Future Advance Clause Open End Mortgage
Previous Owner $2,000,000 Future Advance Clause Open End Mortgage
Previous Owner $2,100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $490,000 -5.6% $247 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
10/25/2024 10/25/24 Price Changed $519,000 -5.6% $261 / Sq Ft
03/15/2024 03/15/24 Price Changed $550,000 -4.3% $277 / Sq Ft
02/19/2024 02/19/24 For Sale $575,000 +17.3% $290 / Sq Ft
02/16/2024 02/16/24 Off Market $490,000 -- --
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 $17,486 $498,600 $116,300 $382,300
2023 $8,430 $466,000 $116,300 $349,700
2021 $8,348 $392,300 $107,700 $284,600
2020 $8,081 $363,200 $101,600 $261,600
2019 $7,507 $336,300 $92,400 $243,900
2018 $7,181 $320,300 $92,400 $227,900
2017 $6,593 $286,000 $84,800 $201,200
2016 $5,319 $225,200 $77,800 $147,400
2015 $5,375 $225,200 $69,200 $156,000
2014 $5,378 $225,200 $69,200 $156,000
2013 $4,914 $216,500 $66,500 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1971214

South Central Wisconsin Multiple Listing Service

APN: 0709-134-1427-6