NOT LISTED FOR SALE

914 Spaight St Madison, WI 53703

Marquette Neighborhood

Estimated Value: $606,000 - $717,000

4 Beds
4 Baths
2,750 Sq Ft
$235/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $450,000 $164 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,009/month

14 Days on Market

Highlights

  • 0.2 Acre Lot
  • Forced Air Heating System
  • 1-minute walk to B.B. Clarke Beach Park
  • Marquette Elementary Rated A-

About This Home

As of November 2020

Outstanding location in Marquette neighborhood. Well maintained building with the same owner for the last 40 years! 4 unit building and off street parking available. Hardwood floors and original woodwork throughout all apartments. On site laundry. Fully leased. Only steps away from Lake Monona, Williamson St & the capitol square! Some porch work is, likely, needed. Buildings in this area are rarely on the market...so get in early because it will not last long!

Last Agent to Sell the Property

Katie Schmitz

The Hub Realty License #58120-90 Listed on: 10/22/2020

Last Buyer's Agent

Phyllis James

Realty Executives Capital City License #51951-94

Realty Executives Capital City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,756

Year Built

  • Built in 1894

Lot Details

  • 8,712

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

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

Additional Features

  • 2-Story Property
  • 8,712 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0709-134-0518-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,756

Year Built

Built in 1894

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
  • Year Built: 1894
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.2
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 42720

Tax Info

  • Net Taxes: 8756
  • Tax Year: 2019
  • Assessor Parcel Number: 0709-134-0518-4

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 1
  • Number Of Efficiencies: 1
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Nov 30, 2020
Sold by
Simmons Janice K and Thomas J Simmons Revocable Tru
Bought by
Doane Alger N and Blalock Martha G
Seller's Agent
Katie Schmitz
The Hub Realty
Buyer's Agent
Phyllis James
Realty Executives Capital City
List Price
$957,000
Sold Price
$450,000
Premium/Discount to List
-$507,000
-52.98%
Current Estimated Value
$647,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,254
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Dec 19, 2007
Sold by
Simmons Thomas J and Simmons Janice K
Bought by
Simmons Thomas J and Simmons Janice K
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

Date Buyer Sale Price Title Company
Doane Alger N $450,000 Wisconsin Title & Escrow
Simmons Thomas J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $450,000 -53.0% $164 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $957,000 +112.7% $348 / Sq Ft
10/23/2020 10/23/20 Off Market $450,000 -- --
10/22/2020 10/22/20 For Sale $957,000 -- $348 / 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
2023 $8,594 $475,000 $107,000 $368,000
2022 $17,664 $450,000 $97,000 $353,000
2021 $9,589 $450,000 $88,000 $362,000
2020 $9,171 $411,700 $87,400 $324,300
2019 $8,756 $391,700 $87,400 $304,300
2018 $8,316 $372,700 $87,400 $285,300
2017 $8,616 $372,700 $87,400 $285,300
2016 $8,423 $354,700 $79,400 $275,300
2015 $8,099 $321,700 $79,400 $242,300
2014 $7,716 $321,700 $79,400 $242,300
2013 $7,127 $312,700 $79,400 $233,300
Source: Public Records

Agents Affiliated with this Home

  • Katie Schmitz

    Seller's Agent in 2020

    Katie Schmitz

    The Hub Realty

    (608) 556-4400

    1 in this area

    78 Total Sales

    Katie Schmitz
    Section Image

  • P

    Buyer's Agent in 2020

    Phyllis James

    Realty Executives

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1896547

South Central Wisconsin Multiple Listing Service

APN: 0709-134-0518-4

Wisconsin Dane County Madison 53703 Marquette

914 Spaight St, Madison, WI

Not Listed for Sale

MultiFamily

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