NOT LISTED FOR SALE

2027 E Washington Ave Madison, WI 53704

Atwood Neighborhood

Estimated Value: $450,000 - $746,000

3 Beds
4 Baths
2,550 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $680,000 $267 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,291/month

17 Days on Market

Highlights

  • 0.24 Acre Lot
  • Property is near a bus stop
  • Family Room
  • Eat-In Kitchen
  • Dining Room
  • Laundry Facilities

About This Home

As of July 2022

4 unit (2027) and 3 unit (2031) on E. Washington between N. 2nd and N. 3rd st. to be sold together. These buildings have several long term tenants. Units are of varying condition and rents appear to be under market. Great value add opportunity for an investor or owner occupant.

Last Agent to Sell the Property

Andrew Stebnitz

Restaino & Associates License #56513-90 Listed on: 05/07/2022

Restaino & Associates

Last Buyer's Agent

The Hub Team

The Hub Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,980

Lot Details

  • 10,454

Parking

  • 7 Open Parking Spaces

Home Design

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters

Additional Features

  • 10,454 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 7 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-063-0519-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,980

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Tenants and or Seller's personal property
  • Items Included: 7 Range/Ovens, 7 Refrigerators
  • Miscellaneous: Shared laundry, Close to bus line
  • Noi Year: 2021
  • Year Built: 999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Furnaces: 7
  • Number Refrigerators: 7
  • Number Stoves: 7
  • Number Water Heaters: 4

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 7

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.24
  • Zoning: TRV1

Rental Info

  • Total Income: 66060

Tax Info

  • Land Assessment: 212600
  • Improvements: 443900
  • Total Assessment: 656500
  • Assessment year: 2022
  • Net Taxes: 12980
  • Tax Year: 2021
  • Assessor Parcel Number: 0710-063-0519-0

Multi Family

  • Number Of1 Bedrooms: 3
  • Number Of Efficiencies: 1
  • Number Of Units: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2022
Closed on
Jul 28, 2022
Sold by
Sprague Mary A
Bought by
East Washington Abl Llc
Seller's Agent
Andrew Stebnitz
Restaino & Associates
Buyer's Agent
The Hub Team
The Hub Realty
List Price
$730,000
Sold Price
$680,000
Premium/Discount to List
-$50,000
-6.85%
Current Estimated Value
$578,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,000
Avg. Annual Appreciation
-5.85%
Original Mortgage
$578,000
Outstanding Balance
$557,294
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$6,039

Purchase Details

Closed on
Jul 27, 2017
Sold by
Sprague John L and Sprague Mary A
Bought by
Sprague John L and Sprague Mary A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
East Washington Abl Llc $680,000 None Listed On Document
Sprague John L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East Washington Abl Llc $578,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $680,000 -6.8% $267 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $730,000 -- $286 / 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 $13,995 $400,000 $100,000 $300,000
2023 $6,821 $378,000 $91,000 $287,000
2021 $5,848 $276,000 $75,000 $201,000
2020 $5,830 $263,000 $75,000 $188,000
2019 $5,560 $250,000 $75,000 $175,000
2018 $5,233 $235,800 $75,000 $160,800
2017 $4,932 $214,800 $75,000 $139,800
2016 $4,830 $204,800 $71,000 $133,800
2015 $4,421 $168,800 $71,000 $97,800
2014 $4,012 $168,800 $71,000 $97,800
2013 $4,001 $163,800 $71,000 $92,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Andrew Stebnitz

    Restaino & Associates

    Section Image

  • T

    Buyer's Agent in 2022

    The Hub Team

    The Hub Realty

    (608) 556-4400

    18 in this area

    249 Total Sales

    The Hub Team
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1933927

South Central Wisconsin Multiple Listing Service

APN: 0710-063-0519-0

Wisconsin Dane County Madison 53704 Atwood

2027 E Washington Ave, Madison, WI

This home is located at 2027 E Washington Ave, Madison, WI 53704 since 07 May 2022 and is currently estimated at $578,000, approximately $226 per square foot. 2027 E Washington Ave is a home located in Dane County with nearby schools including Lapham Elementary School, O'Keeffe Middle, and East High School.

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.

Nearby Homes