NOT LISTED FOR SALE

921 Spaight St Unit 1 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $1,366,000 - $1,729,000

8 Beds
4 Baths
4,436 Sq Ft
$360/Sq Ft Est. Value

Last Sold June 23, 2014

Last sale price $750,000 $169 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $11,349/month

66 Days on Market

Highlights

  • Waterfront
  • 0.2 Acre Lot
  • Balcony
  • Marquette Elementary Rated A-
  • Den
  • 1-minute walk to B.B. Clarke Beach Park

About This Home

As of June 2014

Great Owner occupied opportunity perched on the shores of Lake Monona frontage. This 3 flat offers breathtaking lake views and 40 feet of frontage. Strong consistent leases with the opportunity to owner occupy the lower unit. The garage is situated across the street. Hardwood floors and charm throughout.

Last Agent to Sell the Property

Shelly Sprinkman

Sprinkman Real Estate License #57436-90 Listed on: 01/14/2014

Last Buyer's Agent

Shelly Sprinkman

Sprinkman Real Estate License #57436-90 Listed on: 01/14/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,017

Lot Details

  • 8,712 Sq Ft Lot
  • Waterfront

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Dining Room
  • Den
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Finished Basement

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

Parking

  • Detached Garage
  • Garage Door Opener
  • On-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Additional Features

  • Balcony
  • Property is near bus stop

Community Details

  • 3 Units
  • Marquette Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0709-134-2608-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,017

Lot Details

0

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
  • Miscellaneous: Close to bus line
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Full size windows/Exposed, Walkout to yard, Finished
  • Number Dish Washers: 3
  • Number Dryers: 4
  • Number Washers: 4
  • Number Water Softeners: 3

Exterior Features

  • Waterfront: Has actual water frontage
  • Waterfront: Yes
  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Detached, 1 space, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Estimated Aces: 0.2
  • Zoning: HIS R4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 37380

Tax Info

  • Net Taxes: 13017
  • Tax Year: 2013
  • Assessor Parcel Number: 0709-134-2608-1

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of3 Bedrooms: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2014
Closed on
Jun 10, 2014
Sold by
Hale Makai Llc
Bought by
Barron Tori L
Seller's Agent
Shelly Sprinkman
Sprinkman Real Estate
Buyer's Agent
Shelly Sprinkman
Sprinkman Real Estate
List Price
$790,000
Sold Price
$750,000
Premium/Discount to List
-$40,000
-5.06%
Current Estimated Value
$1,504,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$754,243
Avg. Annual Appreciation
6.73%
Original Mortgage
$600,000
Outstanding Balance
$456,373
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$1,141,668

Purchase Details

Closed on
Jul 2, 2007
Sold by
Minton Erik A
Bought by
Hale Makai Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2007
Sold by
Hound Dog Llc
Bought by
Hale Makai Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.42%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Barron Tori L $750,000 Dane County Title Company
Hale Makai Llc -- None Available
Hale Makai Llc $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barron Tori L $600,000
Previous Owner Hale Makai Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2014 06/23/14 Sold $750,000 -5.1% $169 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $790,000 -- $178 / 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 $42,455 $1,219,000 $556,700 $662,300
2023 $22,795 $1,219,000 $504,500 $714,500
2022 $43,380 $1,088,400 $504,500 $583,900
2021 $20,260 $946,400 $438,700 $507,700
2020 $19,385 $866,300 $438,700 $427,600
2019 $18,530 $825,000 $438,700 $386,300
2018 $18,501 $825,000 $438,700 $386,300
2017 $17,418 $750,000 $398,800 $351,200
2016 $17,899 $750,000 $379,800 $370,200
2015 $18,082 $508,900 $372,400 $136,500
2014 $12,251 $508,900 $372,400 $136,500
2013 $11,647 $508,900 $372,400 $136,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1704715

South Central Wisconsin Multiple Listing Service

APN: 0709-134-2608-1