NOT LISTED FOR SALE

2109 E Washington Ave Madison, WI 53704

Atwood Neighborhood

Estimated Value: $592,000 - $619,858

4 Beds
3 Baths
2,840 Sq Ft
$215/Sq Ft Est. Value

Last Sold November 08, 2024

Last sale price $570,000 $201 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,708/month

6 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Outdoor Storage
  • Balcony
  • Eat-In Kitchen
  • Dining Room

About This Home

As of November 2024

Exceptional 3-Unit Investment Opportunity in Prime Madison Location! Meticulously maintained by the same owner for 51 years, this all-brick property offers a rare investment or owner-occupant opportunity. It features a detached 3-car garage (one stall per tenant) and is located near the lakes, downtown, and Breese Stevens. Unit 1 (2 bed/1 bath, 1,416 sq. ft.) includes hardwood floors, a private deck, screened porch, and exclusive use of a basement workshop. Units 2 & 3 (1 bed/1 bath, 700 sq. ft.) are rented through May 2025. All units have individual storage units, and a common foyer. Current rents total $3,495/month, with room to increase. Extensive updates throughout—see attached list!

Last Agent to Sell the Property

Daniel Tenney

MHB Real Estate Brokerage Phone: 608-709-9886 License #55376-90 Listed on: 09/27/2024

Last Buyer's Agent

Hemen Oza

Aashram Realty, LLC. License #58620-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,764

Year Built

  • Built in 1953

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 3 Covered Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Family Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener Leased

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-063-0512-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,764

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Items Excluded: Sellers & tenants personal property, washer and dryers, security system, snow blower, snow shovels, water softener (rented)
  • Items Included: 4 Refrigerators, 1 backup, 2 Range/Oven (units 1&3), 1 dishwasher, 3 disposal, All window coverings/blinds, 2 window A/C units (unit 1), 1 portable a/c unit (unit 3)
  • Miscellaneous: Shared laundry, Water Softener Rented
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Units W Ac: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Inside: 3
  • Parking Stalls Outside: 3

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Detached, 1 space
  • 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: res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 8764
  • Tax Year: 2023
  • Assessor Parcel Number: 0710-063-0512-4

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Nov 8, 2024
Sold by
Robert W Wunderlin Revocable Living Trus and Wunderlin Robert W
Bought by
Ali Ismail and Ali Jyoti Ismail
Seller's Agent
Daniel Tenney
MHB Real Estate
Buyer's Agent
Hemen Oza
Aashram Realty, LLC.
List Price
$574,900
Sold Price
$570,000
Premium/Discount to List
-$4,900
-0.85%
Views
13
Current Estimated Value
$609,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,465
Avg. Annual Appreciation
5.99%
Original Mortgage
$484,500
Outstanding Balance
$479,677
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$129,788

Purchase Details

Closed on
Mar 4, 2021
Sold by
Wunderlin Robert W and Wunderlin Robert
Bought by
Robert W Wunderlin Revocable Living Trus

Purchase Details

Closed on
Nov 17, 2017
Sold by
Waunderlin Robert W
Bought by
Grover Robyn K
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

Date Buyer Sale Price Title Company
Ali Ismail $570,000 None Listed On Document
Ali Ismail $570,000 None Listed On Document
Robert W Wunderlin Revocable Living Trus -- None Available
Grover Robyn K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Ismail $484,500
Closed Ali Ismail $484,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2024 11/08/24 Sold $570,000 -0.9% $201 / Sq Ft
09/27/2024 09/27/24 For Sale $574,900 -- $202 / 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 $18,180 $518,200 $136,100 $382,100
2023 $8,764 $484,300 $136,100 $348,200
2021 $9,356 $439,200 $129,600 $309,600
2020 $9,059 $406,700 $120,000 $286,700
2019 $8,657 $387,300 $106,200 $281,100
2018 $8,230 $368,900 $94,800 $274,100
2017 $7,746 $335,400 $79,000 $256,400
2016 $7,435 $313,500 $73,800 $239,700
2015 $6,823 $259,100 $72,400 $186,700
2014 $6,199 $259,100 $72,400 $186,700
2013 $5,720 $251,600 $69,600 $182,000
Source: Public Records

Agents Affiliated with this Home

  • Daniel Tenney

    Seller's Agent in 2024

    Daniel Tenney

    MHB Real Estate

    (608) 333-5362

    6 in this area

    1,733 Total Sales

    Daniel Tenney
    Section Image
  • Hemen Oza

    Buyer's Agent in 2024

    Hemen Oza

    Aashram Realty, LLC.

    (608) 616-5366

    1 in this area

    56 Total Sales

    Hemen Oza
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1986731

South Central Wisconsin Multiple Listing Service

APN: 0710-063-0512-4

Wisconsin Dane County Madison 53704 Atwood

2109 E Washington Ave, Madison, WI

Not Listed for Sale

MultiFamily

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