NOT LISTED FOR SALE

927 Lake Ct Unit 1 Madison, WI 53715

Bay Creek Neighborhood

Estimated Value: $547,960 - $680,000

4 Beds
3 Baths
1,905 Sq Ft
$329/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $410,000 $215 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,859/month

6 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 4-minute walk to Bernie's Beach
  • Hamilton Middle School Rated A
  • Washer and Dryer

About This Home

As of October 2020

All offers will be considered Weds., Sept. 2. Bay Creek! Dead end, tree-lined street close to Monona Bay. Beautiful, well maintained two-flat with ample off-street parking. Main level unit offers bonus semi-finished basement with in-unit laundry. Separate electrical meters for each unit. Highly efficient heating system. Natural gas averages $64.50 per month over 12 mo. See floor plans in Associated Docs.

Last Agent to Sell the Property

Jim Schuessler

Stark Company, REALTORS License #63398-94 Listed on: 08/27/2020

Stark Company, REALTORS

Last Buyer's Agent

Katie Schmitz

The Hub Realty License #58120-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,494

Year Built

  • Built in 1912

Lot Details

  • 6,534

Parking

  • 3 Open Parking Spaces

Home Design

  • Duplex
  • Poured Concrete
  • Stucco Exterior

Laundry

  • Laundry in unit
  • Washer and Dryer

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters

Additional Features

  • Oven or Range
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • 6,534 Sq Ft Lot

Community Details

  • 2 Units
  • Bay Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0709-261-0211-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,494

Year Built

Built in 1912

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' personal property, Window A/C units.
  • Items Included: 2 refrigerators, 2 oven/ranges, washer, dryer, water softener, 1 dishwasher in Unit 1
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished, Poured concrete foundatn
  • Number Dryers: 1
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Stucco

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 3

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, 2 spaces
  • Utilities: Separate elec meters

Schools

  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.15
  • Zoning: TR-C2
  • Geo Subdivision: WI

Rental Info

  • Total Income: 29460

Tax Info

  • Net Taxes: 6494
  • Tax Year: 2019
  • Assessor Parcel Number: 0709-261-0211-5

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 28, 2020
Sold by
927 Lake Ct Llc
Bought by
Landowski Anthony
Seller's Agent
Jim Schuessler
Stark Company, REALTORS
Buyer's Agent
Katie Schmitz
The Hub Realty
List Price
$380,000
Sold Price
$410,000
Premium/Discount to List
$30,000
7.89%
Current Estimated Value
$626,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,240
Avg. Annual Appreciation
8.84%
Original Mortgage
$305,000
Outstanding Balance
$271,894
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$354,346

Purchase Details

Closed on
Aug 30, 2019
Sold by
Wolf James W
Bought by
927 Lake Ct Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2018
Sold by
Wolf Nathan J and Wolf Colleen E
Bought by
Lake Court Trust

Purchase Details

Closed on
Aug 28, 2008
Sold by
Wolf Nathan J and Wolf Colleen E
Bought by
Wolf Nathan J and Wolf Colleen E

Purchase Details

Closed on
Mar 24, 2007
Sold by
Vogelman Kurt Edward
Bought by
Wolf Nathan J and Kindschi Colleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.25%
Mortgage Type
New Conventional
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
Landowski Anthony $410,000 None Available
927 Lake Ct Llc -- None Available
Lake Court Trust -- None Available
Wolf Nathan J -- None Available
Wolf Nathan J $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landowski Anthony $305,000
Previous Owner 927 Lake Ct Llc $252,800
Previous Owner Wolf Nathan J $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $410,000 +7.9% $215 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $380,000 -- $199 / 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 $18,774 $473,800 $103,400 $370,400
2023 $9,068 $442,800 $96,600 $346,200
2021 $9,150 $410,000 $81,300 $328,700
2020 $6,492 $301,100 $81,300 $219,800
2019 $6,494 $301,100 $81,300 $219,800
2018 $5,630 $261,800 $67,100 $194,700
2017 $5,599 $249,300 $67,100 $182,200
2016 $5,746 $249,300 $67,100 $182,200
2015 $5,831 $249,300 $58,100 $191,200
2014 $5,831 $249,300 $58,100 $191,200
2013 $4,853 $226,600 $52,800 $173,800
Source: Public Records

Agents Affiliated with this Home

  • Jim Schuessler

    Seller's Agent in 2020

    Jim Schuessler

    Stark Company, REALTORS

    (608) 445-0766

    1 in this area

    59 Total Sales

    Jim Schuessler
    Section Image
  • Katie Schmitz

    Buyer's Agent in 2020

    Katie Schmitz

    The Hub Realty

    (608) 556-4400

    3 in this area

    89 Total Sales

    Katie Schmitz
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1892150

South Central Wisconsin Multiple Listing Service

APN: 0709-261-0211-5

Wisconsin Dane County Madison 53715 Bay Creek

927 Lake Ct Unit 1, Madison, WI

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