NOT LISTED FOR SALE

1949 Melrose St Madison, WI 53704

Sherman Neighborhood

Estimated Value: $293,000 - $335,000

3 Beds
1 Bath
992 Sq Ft
$311/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2023

Last sale price $202,500 $204 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,064 / mo

55 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Bathtub
  • Wood Flooring
  • Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

HUD# 581-348352. This 3 bedroom ranch is loaded with potential and is looking for some updates. Large living room, nice size bedrroms, kitchen with breakfast bar. Breezeway to the garage, good sized corner lot. This is a HUD Home. All HUD homes are sold AS IS, NO REPAIRS. For a property condition report and various forms go to HUD site listed in broker comments. Propety is open to all bidders and investors.

Last Agent to Sell the Property

Rick Bernards

RE/MAX Preferred License #56886-90 Listed on: 12/20/2022

RE/MAX Preferred

Co-Listed By

Jeff olson

RE/MAX Preferred License #50787-94

Last Buyer's Agent

David Gordon

Backyard Realty LLC License #60169-90

Backyard Realty LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,730

Year Built

  • Built in 1952

Lot Details

  • 10,019 Sq Ft Lot
  • Corner Lot

Parking

  • Detached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 992 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Schools

  • Mendota Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,730

Year Built

Built in 1952

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Year Built: 1952
  • Above Grade Sold Price Per Sq Ft: 204.13
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 992
  • Finished Sq Ft: 992
  • Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 12x9, On Level: M
  • Bedroom 2: Dimensions: 10x9, On Level: M
  • Bedroom 3: Dimensions: 11x8, On Level: M
  • Kitchen: Dimensions: 12x8, On Level: M
  • Kitchen Features: Breakfast bar, Dishwasher
  • Living Room: Dimensions: 22x12, On Level: M
  • Basement: Full
  • Interior Amenities: Wood or sim. wood floor, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Driveway: Paved
  • Garage: 1 car, Detached
  • Total Full Garage Stalls: 1

Utilities

  • Fuel: Oil
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer

Schools

  • Elementary School: Mendota
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.23
  • Lot Description: Corner
  • Zoning: res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3730
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2022
Closed on
Mar 14, 2023
Sold by
Secretary Of Housing And Urban Developme
Bought by
Seller's Agent
Rick Bernards
RE/MAX Preferred
Buyer's Agent
David Gordon
Backyard Realty LLC
List Price
$286,000
Sold Price
$202,500
Premium/Discount to List
-$83,500
-29.2%
Views
199
Current Estimated Value
$308,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,307
Avg. Annual Appreciation
12.93%

Purchase Details

Closed on
Oct 19, 2022
Sold by
Collies Edward W
Bought by
Secretary Of Housing And Urban Development
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Sherman, WI

  • Holly Nehls Real Estate Agent - Century 21 Affiliated

    Holly Nehls

    Century 21 Affiliated

    (608) 530-6379

    50 Total Sales

    1 in Sherman

    $335,000 Price

    Holly Nehls
     Section Image
  • Erin Anderson Real Estate Agent - First Weber Inc

    Erin Anderson

    First Weber Inc

    (608) 292-2907

    105 Total Sales

    1 in Sherman

    $220,000 Price

    Erin Anderson
     Section Image
  • Mary Browning Real Estate Agent - Compass Real Estate Wisconsin

    Mary Browning

    Compass Real Estate Wisconsin

    (608) 292-3610

    107 Total Sales

    1 in Sherman

    $330,000 Price

    Mary Browning
     Section Image
  • Erica Thompson Colstad Real Estate Agent - Stark Company, REALTORS

    Erica Thompson Colstad

    Stark Company, REALTORS

    (608) 292-2528

    76 Total Sales

    1 in Sherman

    $317,000 Price

    Erica Thompson Colstad
     Section Image
  • Jerilyn Endrizzi Real Estate Agent - Coldwell Banker Real Estate Group

    Jerilyn Endrizzi

    Coldwell Banker Real Estate Group

    (608) 292-2891

    82 Total Sales

    1 in Sherman

    $328,500 Price

    Jerilyn Endrizzi
     Section Image
  • Tommy Van Ess Real Estate Agent - First Weber Inc

    Tommy Van Ess

    First Weber Inc

    (608) 292-3518

    199 Total Sales

    1 in Sherman

    $190,000 Price

    Tommy Van Ess
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Secretary Of Housing And Urban Development -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $710,000
Previous Owner Collies Edward W $265,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold $202,500 -11.5% $204 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/08/2023 02/08/23 Price Changed $228,800 -20.0% $231 / Sq Ft
12/20/2022 12/20/22 For Sale $286,000 -- $288 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,315 $236,200 $87,600 $148,600
2024 $7,721 $222,800 $87,600 $135,200
2022 $7,779 $214,600 $71,100 $143,500
2021 $3,730 $191,600 $63,500 $128,100
2020 $3,828 $182,500 $60,500 $122,000
2019 $3,700 $177,200 $58,700 $118,500
2018 $3,464 $165,600 $58,700 $106,900
2017 $3,294 $150,500 $53,400 $97,100
2016 $3,174 $142,000 $53,400 $88,600
2015 $2,967 $124,600 $51,800 $72,800
2014 $2,810 $124,600 $51,800 $72,800
2013 $3,003 $120,700 $50,800 $69,900
Source: Public Records

Agents Affiliated with this Home

  • Rick Bernards Real Estate Agent - RE/MAX

    Seller's Agent in 2023

    Rick Bernards

    RE/MAX

    (608) 833-3711

    1 in this area

    25 Total Sales

    Rick Bernards
    Section Image
  • Jeff olson Real Estate Agent - RE/MAX

    Seller Co-Listing Agent in 2023

    Jeff olson

    RE/MAX

    (608) 575-7522

    1 in this area

    50 Total Sales

    Jeff olson
    Section Image
  • David Gordon Real Estate Agent - Backyard Realty LLC

    Buyer's Agent in 2023

    David Gordon

    Backyard Realty LLC

    (608) 358-2422

    3 in this area

    62 Total Sales

    David Gordon
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1948083

South Central Wisconsin Multiple Listing Service

APN: 0810-303-1401-7

Wisconsin Dane County Madison 53704 Sherman

1949 Melrose St, Madison, WI

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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