NOT LISTED FOR SALE

2049 E Washington Ave Unit 1 Madison, WI 53704

Atwood Neighborhood

Estimated Value: $351,000 - $442,000

3 Beds
2 Baths
1,906 Sq Ft
$200/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $280,000 $147 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,884/month

154 Days on Market

Highlights

  • Property is near a bus stop
  • Forced Air Heating System
  • Family Room

About This Home

As of April 2023

Located in the heart of the Isthmus, well-kept affordable 2 unit with original charm and character, combined with many updates in a thriving neighborhood. Directly across from the Avenue Salon and a short walk to East High School and UW Health Union Corners Clinic. Less than a mile to elementary and secondary schools, the Alchemy, shopping, parks and restaurants. Easy access to downtown as well as convenient to everything including bike paths, lakes, and bus line. Reliable, long term tenants with leases through July 2023. Great value and opportunity for an investor or owner occupancy! UHP Home Warranty included.

Last Agent to Sell the Property

Ashley Jones

First Weber Inc License #83900-94 Listed on: 10/05/2022

First Weber Inc

Last Buyer's Agent

Michael Paumen

Compass Real Estate Wisconsin License #80995-94

Compass Real Estate Wisconsin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,528

Year Built

  • Built in 1909

Lot Details

  • 5,227

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

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

Community Details

  • 2 Units
  • Wakeley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-063-0514-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,528

Year Built

Built in 1909

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
  • Items Excluded: Washer and Dryer. Seller and Tenant's Personal Property.
  • Items Included: Range/Oven, Refrigerator, Water Softener, Cabinets, All Window Coverings.
  • Miscellaneous: Close to bus line
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Water Heaters: 2
  • Number Water Softeners: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage
  • Utilities: Separate elec meters, Separate gas 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: 0.12
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 13683

Tax Info

  • Land Assessment: 61800
  • Improvements: 238500
  • Total Assessment: 300300
  • Assessment year: 2022
  • Net Taxes: 5528
  • Tax Year: 2021
  • Assessor Parcel Number: 0710-063-0514-0

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Apr 17, 2023
Sold by
Erdman Joshua A and Erdman Catherine G
Bought by
Barrera Jonathan D and Li Jungang
Seller's Agent
Ashley Jones
First Weber Inc
Buyer's Agent
Michael Paumen
Compass Real Estate Wisconsin
List Price
$299,999
Sold Price
$280,000
Premium/Discount to List
-$19,999
-6.67%
Views
158
Current Estimated Value
$381,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,082
Avg. Annual Appreciation
10.49%
Original Mortgage
$210,000
Outstanding Balance
$205,351
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$149,679

Purchase Details

Closed on
Oct 28, 2005
Sold by
Ralph Peterson Properties Llc
Bought by
Erdman Joshua A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,900
Interest Rate
5.89%
Mortgage Type
New Conventional
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
Barrera Jonathan D $280,000 None Listed On Document
Erdman Joshua A $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrera Jonathan D $210,000
Previous Owner Erdman Joshua A $135,000
Previous Owner Erdman Joshua A $164,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $280,000 0.0% $147 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
02/03/2023 02/03/23 Off Market $280,000 -- --
02/03/2023 02/03/23 For Sale $299,999 0.0% $157 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
11/09/2022 11/09/22 Price Changed $299,999 -14.2% $157 / Sq Ft
10/10/2022 10/10/22 For Sale $349,500 +24.8% $183 / Sq Ft
10/05/2022 10/05/22 Off Market $280,000 -- --
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 $9,747 $280,000 $66,700 $213,300
2023 $5,840 $324,300 $66,700 $257,600
2021 $5,528 $261,100 $58,900 $202,200
2020 $5,354 $241,800 $54,500 $187,300
2019 $5,116 $230,300 $48,200 $182,100
2018 $4,769 $215,200 $48,200 $167,000
2017 $4,613 $201,100 $40,200 $160,900
2016 $4,511 $191,500 $40,200 $151,300
2015 $4,338 $177,100 $40,200 $136,900
2014 $4,213 $177,100 $40,200 $136,900
2013 $3,382 $170,300 $38,700 $131,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Ashley Jones

    First Weber Inc

    Section Image
  • Michael Paumen

    Buyer's Agent in 2023

    Michael Paumen

    Compass Real Estate Wisconsin

    (608) 213-3550

    8 in this area

    161 Total Sales

    Michael Paumen
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1944715

South Central Wisconsin Multiple Listing Service

APN: 0710-063-0514-0

Wisconsin Dane County Madison 53704 Atwood

2049 E Washington Ave Unit 1, Madison, WI

This home is located at 2049 E Washington Ave Unit 1, Madison, WI 53704 since 05 October 2022 and is currently estimated at $381,082, approximately $199 per square foot. This property was built in 1909. 2049 E Washington Ave Unit 1 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.

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