NOT LISTED FOR SALE

1950 E Main St Unit 1 Madison, WI 53704

Atwood Neighborhood

Estimated Value: $378,000 - $435,097

2 Beds
2 Baths
1,460 Sq Ft
$271/Sq Ft Est. Value

Sale Details

Date Sold: June 13, 2023

Last sale price $350,000 $240 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,721 / mo

15 Days on Market

Highlights

  • Screened Porch
  • Property is near bus stop
  • Water Softener is Owned
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Washer and Dryer

About This Home

As of June 2023

Superb location close to Atwood Commercial district. No offers will be considered prior to Noon on Wednesday, May 3. Unit #2 is rented at below market rate. Stated income represents new leases beginning 8/15/23. Each tenants will pay $25/mo towards water bill. Also, there is a $15/cat or $25/2 cats monthly charge if applicable. Unit sq ft is based upon City Assessor data for each level, not each unit per se. Buyer to verify if necessary.

Last Agent to Sell the Property

Jim Schuessler

Stark Company, REALTORS License #63398-94 Listed on: 04/18/2023

Stark Company, REALTORS

Last Buyer's Agent

Amy Fassbender

Fassbender Real Estate Company License #59400-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,184

Year Built

  • Built in 1909

Lot Details

  • 5,227

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Detached Garage
  • 2 Open Parking Spaces

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • 5,227 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 071006312335

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,184

Year Built

Built in 1909

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Included: 2 refrigerators, 2 oven/ranges, water softener.
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Detached
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.12
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 26280

Tax Info

  • Net Taxes: 5184
  • Tax Year: 2022
  • Assessor Parcel Number: 071006312335

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of Units: 2

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
Apr 18, 2023
Closed on
Jun 8, 2023
Sold by
Bought by
Seller's Agent
Jim Schuessler
Stark Company, REALTORS
Buyer's Agent
Amy Fassbender
Fassbender Real Estate Company
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
Views
22
Current Estimated Value
$395,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,274
Avg. Annual Appreciation
4.11%
Original Mortgage
$252,000
Outstanding Balance
$243,351
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$151,923
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$350,000 None Listed On Document
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 $252,000
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
06/13/2023 06/13/23 Sold $350,000 +7.7% $240 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $325,000 -7.1% $223 / Sq Ft
04/21/2023 04/21/23 Off Market $350,000 -- --
04/18/2023 04/18/23 For Sale $325,000 -- $223 / 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 $7,026 $381,500 $72,100 $309,400
2024 $12,225 $350,000 $72,100 $277,900
2023 $5,161 $287,200 $72,100 $215,100
2022 $10,368 $265,900 $66,800 $199,100
2021 $4,962 $231,200 $63,600 $167,600
2020 $4,810 $214,100 $58,900 $155,200
2019 $4,602 $203,900 $52,100 $151,800
2018 $4,298 $190,600 $52,100 $138,500
2017 $4,160 $178,100 $43,400 $134,700
2016 $4,131 $169,600 $43,400 $126,200
2015 $3,832 $156,800 $43,400 $113,400
2014 $3,721 $156,800 $43,400 $113,400
2013 $3,578 $150,800 $41,700 $109,100
Source: Public Records

Agents Affiliated with this Home

  • Jim Schuessler

    Seller's Agent in 2023

    Jim Schuessler

    Stark Company, REALTORS

    (608) 445-0766

    4 in this area

    57 Total Sales

    Jim Schuessler
    Section Image
  • Amy Fassbender

    Buyer's Agent in 2023

    Amy Fassbender

    Fassbender Real Estate Company

    (608) 977-1781

    2 in this area

    17 Total Sales

    Amy Fassbender
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1954102

South Central Wisconsin Multiple Listing Service

APN: 0710-063-1233-5

Wisconsin Dane County Madison 53704 Atwood

1950 E Main St Unit 1, Madison, WI

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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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