NOT LISTED FOR SALE

Estimated Value: $475,000 - $525,000

3 Beds
2 Baths
1,361 Sq Ft
$369/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $401,300 $295 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,920/month

65 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Patio
  • Wood Flooring
  • Bathtub
  • 3-minute walk to Reynolds Park

About This Home

As of August 2023

Welcome to the highly desirable Tenney-Lapham neighborhood in downtown Madison! This rare single-family home with a 2-car garage on the Isthmus, offering a high quality of life or investment opportunity in a dynamic area undergoing rapid development.This historic property features 3b2b, and has undergone tasteful updates that combines modern design with original charm. Wood floors grace the entire house, enveloping the space in warm ambiance. The spacious living room and dining is bathed in natural light and comfortable off the Kitchen and Office/Bedroom. A rare walk-out balcony off the Master Bedroom, providing a delightful vantage for reading and coffee. The remodeled and very large Master Bathroom showcases high-end finish.This gem location presents an enticing opportunity for investors This gem location presents an enticing opportunity for downtown living or investment

Last Listed By

Zhenqi Li

Lannon Stone Realty LLC License #91437-94 Listed on: 05/19/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,503

Year Built

  • Built in 1894

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x132
  • Property is zoned TR-V1

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,361 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub
  • Walk-in Shower

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Unpaved Parking

Schools

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

Additional Features

  • Accessible Full Bathroom
  • Patio
  • Radiant Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,503

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Architecture: Colonial
  • Barrier Free: First floor full bath, Stall shower
  • Items Excluded: Seller's Personal Items
  • Items Included: Washer, Dryer, Stove, Refrigerator, Microwave
  • Year Built: 1894
  • Above Grade Price Per Sq Ft: 330.64
  • Above Grade Sold Price Per Sq Ft: 294.86
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 1361
  • Finished Sq Ft: 1361
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 14x13, On Level: U
  • Bedroom 2: Dimensions: 13x11, On Level: U
  • Bedroom 3: Dimensions: 13x10, On Level: M
  • Kitchen: Dimensions: 12x10, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher
  • Living Room: Dimensions: 14x13, On Level: M
  • Family Room: Dimensions: 14x13, On Level: M
  • Basement: Full
  • Interior Amenities: Wood or sim. wood floor, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Patio

Garage/Parking

  • Driveway: Unpaved
  • Garage: 2 car, Detached, Opener
  • Total Full Garage Stalls: 2

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant
  • Water Waste: Municipal water, Municipal sewer

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

  • Assessor Parcel Number: 0709-132-0527-9
  • Estimated Aces: 0.1
  • Lot Dimensions: 33X132
  • Zoning: TR-V1
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 104100
  • Improvements: 317900
  • Total Assessment: 422000
  • Assessment year: 2022
  • Net Taxes: 9264
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Aug 28, 2023
Sold by
Vasudevan Ganesh
Bought by
Drake Rylan
Seller's Agent
Zhenqi Li
Lannon Stone Realty LLC
Buyer's Agent
Michael Paumen
Compass Real Estate Wisconsin
List Price
$450,000
Sold Price
$401,300
Premium/Discount to List
-$48,700
-10.82%
Total Days on Market
65
Views
334
Current Estimated Value
$501,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,405
Avg. Annual Appreciation
14.40%
Original Mortgage
$389,261
Outstanding Balance
$382,598
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$119,107

Purchase Details

Closed on
Jan 2, 2007
Sold by
Davis Ronald G and Davis Andrea
Bought by
Vasudevan Ganesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,550
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

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
Drake Rylan $401,300 None Listed On Document
Vasudevan Ganesh $249,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Rylan $389,261
Previous Owner Vasudevan Ganesh $236,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $401,300 0.0% $295 / Sq Ft
07/24/2023 07/24/23 Off Market $401,300 -- --
07/23/2023 07/23/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $450,000 -- $331 / 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 $13,503 $401,300 $104,100 $297,200
2023 $7,760 $447,300 $104,100 $343,200
2021 $8,136 $383,600 $104,100 $279,500
2020 $8,237 $361,900 $104,100 $257,800
2019 $7,551 $329,000 $94,600 $234,400
2018 $7,767 $316,300 $91,000 $225,300
2017 $8,398 $316,300 $75,800 $240,500
2016 $7,962 $292,900 $70,200 $222,700
2015 $6,362 $251,100 $60,200 $190,900
2014 $5,874 $251,100 $60,200 $190,900
2013 $6,085 $241,400 $57,900 $183,500
Source: Public Records

Agents Affiliated with this Home

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Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1956113

South Central Wisconsin Multiple Listing Service

APN: 0709-132-0527-9