NOT LISTED FOR SALE

2025 Jenifer St Unit 1 Madison, WI 53704

Atwood Neighborhood

Estimated Value: $508,000 - $603,000

4 Beds
2 Baths
1,642 Sq Ft
$340/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $526,000 $320 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,498/month

21 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Marquette Elementary Rated A-
  • Accessible Bedroom
  • Property is near a bus stop

About This Home

As of April 2024

Showings start March 8. Who wouldn't want to invest in this lovely two flat near Jenifer Street market?! Easy to rent given desirable Atwood location with high walk scores and easy access to bike trails. Each unit has hardwood floors, updates to kitchens and baths, and their own porch. Recent updates to mechanicals and appliances as well. Off street parking for tenants with shared driveway. There is pride of ownership from long term owners creating strong rental history.

Last Agent to Sell the Property

Kelly Maly

The Kruse Company, REALTORS License #51313-90 Listed on: 02/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,949

Year Built

  • Built in 1927

Lot Details

  • 3,790 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 1 Open Parking Space
  • Driveway Level
  • On-Street Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Water Softener is Owned
  • High Speed Internet

Additional Features

  • Outdoor Storage
  • Property is near a bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-071-1402-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,949

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot, Low pile or no carpeting
  • Items Excluded: Tenants Personal Property Sellers Personal Property
  • Items Included: See Addendum R
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Internet - Cable
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 1

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space
  • Utilities: Separate elec meters

Schools

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

Lot Info

  • Estimated Aces: 0.087
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 25260

Tax Info

  • Net Taxes: 7949
  • Tax Year: 2023
  • Assessor Parcel Number: 0710-071-1402-9

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Apr 24, 2024
Sold by
Maianey-Spoerl Revocable Trust
Bought by
Adolfsen William and Slind Jessica
Seller's Agent
Kelly Maly
The Kruse Company, REALTORS
List Price
$450,000
Sold Price
$526,000
Premium/Discount to List
$76,000
16.89%
Views
90
Current Estimated Value
$558,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,704
Avg. Annual Appreciation
4.08%
Original Mortgage
$394,500
Outstanding Balance
$388,447
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$170,257

Purchase Details

Closed on
Nov 29, 2018
Sold by
Spoerl Michael J and Malaney Mary L
Bought by
Spoerl Michael J and Malaney Mary L
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Adolfsen William $526,000 None Listed On Document
Spoerl Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adolfsen William $394,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2024 04/24/24 Sold $526,000 +16.9% $320 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $450,000 -14.4% $274 / Sq Ft
02/20/2024 02/20/24 Off Market $526,000 -- --
02/19/2024 02/19/24 For Sale $450,000 -- $274 / 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 $16,959 $483,700 $109,300 $374,400
2023 $7,949 $439,700 $109,300 $330,400
2021 $7,660 $360,300 $92,000 $268,300
2020 $7,416 $333,600 $87,600 $246,000
2019 $7,087 $317,700 $79,600 $238,100
2018 $6,737 $302,600 $69,200 $233,400
2017 $6,339 $275,100 $65,900 $209,200
2016 $6,201 $262,000 $62,200 $199,800
2015 $5,963 $242,200 $53,300 $188,900
2014 $5,790 $242,200 $53,300 $188,900
2013 $5,289 $232,900 $50,300 $182,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1971314

South Central Wisconsin Multiple Listing Service

APN: 0710-071-1402-9