NOT LISTED FOR SALE

2101 Sommers Ave Unit 2 Madison, WI 53704

Atwood Neighborhood

Estimated Value: $649,772 - $724,000

4 Beds
3 Baths
2,296 Sq Ft
$298/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $600,000 $261 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,270/month

6 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Outdoor Storage
  • Marquette Elementary Rated A-
  • Eat-In Kitchen
  • 4-minute walk to Hawthorne Park

About This Home

As of August 2023

Showings begin Friday, June 23rd. Three-unit property located in the heart of Atwood! All units rented through Summer 2024. This property includes two-bedroom/one-bathroom units on the first and second floors and a large studio in the basement. The property also includes a two-car garage and three surface stalls. The building has been extensively remodeled including new LVP flooring, refinished hardwood floors, granite countertops, soft-close cabinets, all new windows and a freshly painted interior. New high efficiency furnace, water heater and water softener were also installed in 2018. First floor unit rent increases to $1,550 per month in August.

Last Agent to Sell the Property

Robert Anderson

Strata Real Estate License #58279-90 2393-10 Listed on: 06/01/2023

Last Buyer's Agent

Robert Anderson

Strata Real Estate License #58279-90 2393-10 Listed on: 06/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,306

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Poured Concrete

Interior Spaces

  • Family Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • ENERGY STAR Qualified Appliances

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 3 Open Parking Spaces
  • 2 Covered Spaces
  • Outside Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned
  • Internet Available

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0710-064-3010-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,306

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Excluded: Tenant and landlord personal property
  • Items Included: Three refrigerators, three ovens/ranges, one dishwasher, one washer, one dryer, three microwaves, blinds, furnishings in basement studio.
  • Miscellaneous: Water Softener Owned, Internet -Fiber Available
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard, Partially finished, Poured concrete foundatn
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 3

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Attached, 2 spaces, Outside
  • Utilities: Separate elec meters

Schools

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

Lot Info

  • Estimated Aces: 0.1
  • Zoning: TR-V1
  • Geo Subdivision: WI

Green Features

  • Energy Efficient Green: Energy Star Appliance(s)

Rental Info

  • Total Income: 51300

Tax Info

  • Net Taxes: 9306
  • Tax Year: 2022
  • Assessor Parcel Number: 0710-064-3010-3

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Efficiencies: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 4, 2023
Sold by
Anderson Robert A
Bought by
Yu Kaiming and Yu Dayton
Seller's Agent
Robert Anderson
Strata Real Estate
Buyer's Agent
Robert Anderson
Strata Real Estate
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Views
19
Current Estimated Value
$684,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,943
Avg. Annual Appreciation
6.12%
Original Mortgage
$408,000
Outstanding Balance
$398,529
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$286,414

Purchase Details

Listed on
Jan 29, 2018
Closed on
Mar 14, 2018
Sold by
Gehin Harold E and Gehin Judith M
Bought by
Anderson Robert A
Seller's Agent
Toni Visgar
Restaino & Associates
Buyer's Agent
Robert Anderson
Strata Real Estate
List Price
$339,000
Sold Price
$354,000
Premium/Discount to List
$15,000
4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$336,300
Interest Rate
4.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yu Kaiming $600,000 None Listed On Document
Anderson Robert A $354,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Kaiming $408,000
Previous Owner Anderson Robert A $336,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2023 08/04/23 Sold $600,000 -4.0% $261 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $625,000 +4.2% $272 / Sq Ft
06/01/2023 06/01/23 Off Market $600,000 -- --
03/14/2018 03/14/18 Sold $354,000 +4.4% $154 / Sq Ft View Prior Sale
02/06/2018 02/06/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $339,000 -- $147 / 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 $21,077 $600,000 $116,600 $483,400
2023 $9,007 $497,600 $116,600 $381,000
2021 $9,617 $451,300 $111,000 $340,300
2020 $9,310 $417,900 $105,700 $312,200
2019 $8,853 $396,000 $96,100 $299,900
2018 $7,115 $319,400 $83,600 $235,800
2017 $6,696 $290,400 $79,600 $210,800
2016 $6,285 $264,000 $75,100 $188,900
2015 $6,009 $228,500 $64,400 $164,100
2014 $5,458 $228,500 $64,400 $164,100
2013 $5,033 $221,800 $60,800 $161,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Robert Anderson

    Strata Real Estate

    (608) 310-7570

    2 in this area

    30 Total Sales

    Robert Anderson
    Section Image

  • T

    Seller's Agent in 2018

    Toni Visgar

    Restaino & Associates

    (608) 206-6905

    10 Total Sales

    Toni Visgar
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1956864

South Central Wisconsin Multiple Listing Service

APN: 0710-064-3010-3

Wisconsin Dane County Madison 53704 Atwood

2101 Sommers Ave Unit 2, Madison, WI

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