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Sold for $450,000 on 12/01/23
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  • $450,000

    1516 Madison St, Madison, WI 53711

    4beds
    2baths
    1,580sqft
    Unknown
    Built in 1904
    -- sqft lot
    $552,900 Zestimate®
    $285/sqft
    $3,802 Estimated rent

    Home value

    $552,900

    $503,000 - $614,000

    $3,802/mo

    Zestimate® history
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    Owner options

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    $3,802/mo

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    $2,922/mo

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    $2,922/mo

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    What's special

    Excellent rental in prime location. Close to Monroe St & UW Stadium. Currently set up as a 2 unit easily converted back to single family. Leases until 8/14/10 History of long term tenants. Landlord does not raise rent #1 4 yrs, #2 2 yrs. Yard rented out for football games at $1750/yr - could be rented out for additional events. Garage could be rented. Updates incl roof 08, water softener 04, hot water heater to be replaced & some newer windows. Nice deck. Detached one car garage, rare side yard, air.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Cooling
    • Central
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,580 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Lot
    • Size: 7,200 sqft
    Details
    • Parcel number: 070922406115

    Construction

    Type & style
    • Home type: Unknown
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1904

    Community & neighborhood

    Location
    • Region: Madison

    Price history

    DateEventPrice
    12/1/2023Sold$450,000+50.5%$285/sqft
    Source: Public Record
    12/5/2009Listing removed$299,000$189/sqft
    Source: Stark Company Realtors #1576303
    11/25/2009Listed for sale$299,000$189/sqft
    Source: Stark Company Realtors #1576303

    Public tax history

    YearProperty taxesTax assessment
    2024$9,621 +4%$491,500 +7%
    2023$9,254 $459,300 +8%
    2022-- $425,300 +12%

    Find assessor info on the county website

    Neighborhood: Vilas

    Nearby schools

    GreatSchools rating
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