$922,000
SOLD AUG 19, 2025

1342 Rutledge St Madison, WI 53703

Marquette Neighborhood
-- Bed
-- Bath
3,656 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$252 Per Sq Ft

5% Below List Price

14 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Property is near a bus stop
  • Marquette Elementary Rated A-
  • Fireplace
  • 4-minute walk to Morrison Park

About This Home

As of August 2025

Don't miss this investment opportunity in the desirable Marquette neighborhood to build your Madison portfolio. This 3-flat home (ea unit 2 bed, 1 bath) is full of old world charm & has been well-maintained by the sellers & tenants. You'll immediately notice the stunning curb appeal & handsome brickwork! Inside, the original hardwood flooring, arched doorways, & crown molding create a warm & classy aesthetic. Bonus: a 4-car garage & new balconies on ea floor help renters enjoy outdoor space, too. Plus, 3 new furnaces! What's more, you're just one block from Lake Monona, two blocks from Orton Park- home to many summer festivals and family fun, and two blocks from Willy Street shopping & dining. Rents increase on 8/15/25- $1860 (#2); $1780 (#3), #1 possible owner occupy.

Last Agent to Sell the Property

Shelley Lazzareschi

Realty Executives Cooper Spransy Brokerage Email: shelley@madcitydreamhomes.com License #81821-94 Listed on: 04/09/2025

Realty Executives Cooper Spransy

Co-Listed By

Dan Miller

Realty Executives Cooper Spransy Brokerage Email: shelley@madcitydreamhomes.com License #69122-94

Last Buyer's Agent

Shelley Lazzareschi

Realty Executives Cooper Spransy Brokerage Email: shelley@madcitydreamhomes.com License #81821-94 Listed on: 04/09/2025

Realty Executives Cooper Spransy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,610

Year Built

  • Built in 1932

Parking

  • 3 Covered Spaces

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Fireplace
  • Family Room
  • Dining Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned
  • High Speed Internet

Additional Features

  • 5,663 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 3 Units
  • Marquette Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-073-0329-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,610

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 3 story
  • Items Excluded: Seller's & Tenant's Personal Property
  • Items Included: (3) Refrigerators, (3) Ranges/Ovens, (1) Dishwasher, (3) Washers/Dryers
  • Miscellaneous: Close to bus line, Water Softener Owned, Internet - Cable
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Dryers: 3
  • Number Furnaces: 3
  • Number Refrigerators: 3
  • Number Stoves: 3
  • Number Units W Ac: 3
  • Number Washers: 3
  • Number Water Heaters: 3
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 3

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Detached
  • Utilities: Separate elec meters, Separate gas meters

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: 0.13
  • Zoning: TR-V1
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 139200
  • Improvements: 690800
  • Total Assessment: 830000
  • Assessment year: 2024
  • Net Taxes: 14610
  • Tax Year: 2024
  • Assessor Parcel Number: 0710-073-0329-2

Multi Family

  • Number Of2 Bedrooms: 3
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 5, 2023
Sold by
Apex Equity Holdings Llc
Bought by
Kox Ann C and Kox Brian B
Seller's Agent
Michele Narowetz
Stark Company, REALTORS
Buyer's Agent
Shelley Lazzareschi
Realty Executives Cooper Spransy
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%
Total Days on Market
14
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$622,500
Outstanding Balance
$608,871
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$350,911
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $830,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $622,500 New Conventional
Previous Owner $2,885,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $82,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Sold $922,000 -5.4% $252 / Sq Ft
04/15/2025 04/15/25 For Sale $975,000 +5.7% $267 / Sq Ft
04/09/2025 04/09/25 Off Market $922,000 -- --
07/05/2023 07/05/23 Sold $830,000 -2.4% $227 / Sq Ft
06/02/2023 06/02/23 For Sale $850,000 -- $232 / 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 $29,220 $830,000 $139,200 $690,800
2023 $12,062 $664,700 $139,200 $525,500
2021 $12,876 $602,900 $132,600 $470,300
2020 $12,462 $558,200 $125,100 $433,100
2019 $11,912 $531,600 $113,700 $417,900
2018 $11,324 $506,300 $109,300 $397,000
2017 $10,660 $460,300 $100,300 $360,000
2016 $10,429 $438,400 $92,000 $346,400
2015 $10,031 $397,600 $69,400 $328,200
2014 $9,555 $397,600 $69,400 $328,200
2013 $8,819 $386,000 $69,400 $316,600
Source: Public Records

Agents Affiliated with this Home

  • Shelley Lazzareschi

    Seller's Agent in 2025

    Shelley Lazzareschi

    Realty Executives

    (608) 215-3873

    3 in this area

    246 Total Sales

    Section Image
  • Dan Miller

    Seller Co-Listing Agent in 2025

    Dan Miller

    Realty Executives

    (608) 852-7071

    2 in this area

    203 Total Sales

    Section Image
  • Michele Narowetz

    Seller's Agent in 2023

    Michele Narowetz

    Stark Company, REALTORS

    (608) 513-0622

    2 in this area

    273 Total Sales

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1997126

South Central Wisconsin Multiple Listing Service

APN: 0710-073-0329-2

Wisconsin Dane County Madison 53703 Marquette

1342 Rutledge St, Madison, WI

This home is located at 1342 Rutledge St, Madison, WI 53703 and is currently priced at $922,000, approximately $252 per square foot. This property was built in 1932. 1342 Rutledge St is a home located in Dane County with nearby schools including Marquette Elementary, 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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