Sold for $450,000

Street View

$450,000

1516 Madison St, Madison, WI 53711

4beds

2baths

1,580sqft

Unknown

Built in 1904

-- sqft lot

$569,300 Zestimate^®

$285/sqft

$-- Estimated rent

Home value

$569,300

$524,000 - $626,000

Not available

Zestimate^® history

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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 Square Feet

Details

Parcel number: 070922406115

Construction

Type & style

Home type: Unknown

Materials

Roof: Asphalt

Condition

Year built: 1904

Community & HOA

Location

Region: Madison

Financial & listing details

Price per square foot: $285/sqft
Tax assessed value: $491,500
Annual tax amount: $9,621

Price history

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

Public tax history

Year	Property taxes	Tax assessment
2024	$9,621 +4%	$491,500 +7%
2023	$9,254	$459,300 +8%
2022	--	$425,300 +12%
2021	--	$379,700 +8%
2020	--	$351,600 +3%
2019	$7,244	$341,400 +5%
2018	$7,244 +6.3%	$325,100 +10%
2017	$6,815 +5.3%	$295,500 +5%
2016	$6,474 +5%	$281,400 +9.2%
2014	$6,165 +5.2%	$257,700
2013	$5,860 -4.9%	$257,700
2012	$6,160 +5.1%	$257,700
2011	$5,860 +3.6%	$257,700
2010	$5,657 +2.7%	$257,700 -5%
2009	$5,508 +5.1%	$271,300
2008	$5,244 -1.6%	$271,300
2007	$5,330 -0.3%	$271,300
2006	$5,345 -0.5%	$271,300 +5%
2005	$5,371 -3.8%	$258,400 +3%
2004	$5,582 +9.4%	$250,900
2003	$5,102 +12.6%	$250,900 +29.9%
2002	$4,530 +0.2%	$193,100 +5%
2001	$4,521 +2%	$183,900 +5%
2000	$4,431	$175,100