NOT LISTED FOR SALE

2118 E Washington Ave Madison, WI 53704

Emerson East Neighborhood

Estimated Value: $694,000 - $724,000

6 Beds
4 Baths
3,300 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: January 3, 2023

Last sale price $585,000 $177 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,877 / mo

4 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Central Air
  • Balcony
  • Outdoor Storage
  • Water Softener is Owned

About This Home

As of January 2023

Fantastic 3-unit investment opportunity on the bustling near east side! Perfect for an owner occupant or a turnkey addition to an experienced investor's portfolio. The vacant first floor unit has been completely remodeled top to bottom with granite counter tops, tile backsplash, tile shower surrounds, refinished hardwood floors, etc. All apartments have private entry ways. Unit 2116 - 3BD/2BA - Vacant w/ rent estimated at $2100, Unit 2118 - 2BD/1BA - $1290/month and market rent estimated at $1450/month. Unit 2120 - 1BD/1BA - $1050/month w/ market rent estimated at $1150/month.

Last Agent to Sell the Property

The Hub Team

The Hub Realty Listed on: 11/22/2022

Last Buyer's Agent

Suzanna Cecchin

Weichert, Realtors- Lakepoint License #91557-94

Weichert, Realtors- Lakepoint

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,969

Year Built

  • Built in 1917

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 4 Open Parking Spaces

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • Family Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Emerson Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-063-0420-9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,969

Year Built

Built in 1917

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Miscellaneous: Shared laundry, Water Softener Owned
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Units W Ac: 3
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 space, 2 spaces
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Emerson
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.17
  • Zoning: TR-V1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 8969
  • Tax Year: 2021
  • Assessor Parcel Number: 0710-063-0420-9

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2024
Sold by
Bought by
Current Estimated Value
$707,667

Purchase Details

Listed on
Nov 22, 2022
Closed on
Jan 3, 2023
Sold by
Bought by
Seller's Agent
The Hub Team
The Hub Realty
Buyer's Agent
Suzanna Cecchin
Weichert, Realtors- Lakepoint
List Price
$585,000
Sold Price
$585,000
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$335,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 27, 2019
Sold by
Bought by
Seller's Agent
Nate Lancaster
EXP Realty, LLC
Buyer's Agent
Paul Richters
The Hub Realty
List Price
$354,900
Sold Price
$390,000
Premium/Discount to List
$35,100
9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%
Original Mortgage
$382,936
Interest Rate
4.62%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Emerson East, WI

  • Jason Iverson Real Estate Agent - T R McKenzie Inc.

    Jason Iverson

    T R McKenzie Inc.

    (608) 292-3946

    73 Total Sales

    1 in Emerson East

    $429,000 Price

    Jason Iverson
     Section Image
  • Michael Leeson Real Estate Agent - Realty Executives Cooper Spransy

    Michael Leeson

    Realty Executives Cooper Spransy

    (608) 292-6702

    199 Total Sales

    2 in Emerson East

    $333K - $338K Price Range

    Michael Leeson
     Section Image
  • Jonathan Gaspero Real Estate Agent - Compass Real Estate Wisconsin

    Jonathan Gaspero

    Compass Real Estate Wisconsin

    (608) 640-3845

    146 Total Sales

    2 in Emerson East

    $365K - $400K Price Range

    Jonathan Gaspero
     Section Image
  • Anthony Schey Real Estate Agent - Lakeplace.com/Dane Arthur Real Estate Agency

    Anthony Schey

    Lakeplace.com/Dane Arthur Real Estate Agency

    (608) 292-3809

    52 Total Sales

    6 in Emerson East

    $200K - $655K Price Range

    Anthony Schey
     Section Image
  • Thomsen Team Real Estate Agent - Modern Realty Partners LLC

    Thomsen Team

    Responds Quickly

    Modern Realty Partners LLC

    (262) 588-3642

    104 Total Sales

    1 in Emerson East

    $292,500 Price

    Thomsen Team
     Section Image
  • Devery Cash Real Estate Agent - Keller Williams Realty

    Devery Cash

    Keller Williams Realty

    (608) 292-3846

    81 Total Sales

    1 in Emerson East

    $489,000 Price

    Devery Cash
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$585,000 --
$390,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $335,000
Previous Owner $383,521
Previous Owner $382,936
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2023 01/03/23 Sold $585,000 0.0% $177 / Sq Ft
11/26/2022 11/26/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $585,000 +50.0% $177 / Sq Ft
03/27/2019 03/27/19 Sold $390,000 +9.9% $240 / Sq Ft View Prior Sale
02/18/2019 02/18/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $354,900 -9.0% $219 / Sq Ft
02/08/2019 02/08/19 Off Market $390,000 -- --
02/07/2019 02/07/19 For Sale $354,900 -- $219 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,754 $634,900 $160,500 $474,400
2024 $20,457 $582,500 $160,500 $422,000
2023 $9,397 $518,900 $150,000 $368,900
2022 $18,191 $463,300 $137,600 $325,700
2021 $8,969 $421,200 $125,100 $296,100
2020 $8,683 $390,000 $115,800 $274,200
2019 $6,977 $312,800 $110,300 $202,500
2018 $6,327 $284,400 $110,300 $174,100
2017 $5,952 $258,500 $106,100 $152,400
2016 $6,117 $258,500 $100,100 $158,400
2015 $6,181 $243,900 $89,900 $154,000
2014 $5,831 $243,900 $89,900 $154,000
2013 $5,379 $236,800 $87,300 $149,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    The Hub Team

    The Hub Realty

    (608) 556-4400

    4 in this area

    307 Total Sales

    The Hub Team
    Section Image
  • Suzanna Cecchin Real Estate Agent - Weichert, Realtors- Lakepoint

    Buyer's Agent in 2023

    Suzanna Cecchin

    Weichert, Realtors- Lakepoint

    (608) 217-7797

    2 in this area

    14 Total Sales

    Suzanna Cecchin
    Section Image
  • Nate Lancaster Real Estate Agent - EXP Realty, LLC

    Seller's Agent in 2019

    Nate Lancaster

    EXP Realty, LLC

    (608) 214-4435

    485 Total Sales

    Nate Lancaster
    Section Image
  • Paul Richters Real Estate Agent - The Hub Realty

    Buyer's Agent in 2019

    Paul Richters

    The Hub Realty

    (608) 438-8715

    1 Total Sale

    Paul Richters
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1947165

South Central Wisconsin Multiple Listing Service

APN: 0710-063-0420-9

Wisconsin Dane County Madison 53704 Emerson East

2118 E Washington Ave, Madison, WI

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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