Allen Morris
Berkshire Hathaway HomeServices True Realty
(608) 208-9971
132 Total Sales
1 in Greater Sandburg
$350,000 Price
2222 Independence Ln Madison, WI 53704
Greater Sandburg NeighborhoodEstimated Value: $2,391,423
4
Beds
4
Baths
--
Sq Ft
0.49
Acre Lot
Highlights
- 0.49 Acre Lot
- Property is near bus stop
- Water Softener is Owned
- Balcony
- Outdoor Storage
- Family Room
About This Home
As of December 202120 unit apartment building on Madison's East Side. All units have been renovated. Units 1-16 heat is included in the rent, units 17-20 (4 units in lower level) heat is electric and tenants pay. Long time Resident manager (unit #3) is credited $300 per month and total gross income does not reflect credit. New roof 2016. Rent roll, expenses survey and driveway easement are on associated docs, accessible by clicking on first little square (D). Partnership has owned building since 1993. Listing broker is part-owner.
Last Agent to Sell the Property
Art Luetke
Luetke Investment Real Estate License #25925-90 Listed on: 08/09/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,780
Year Built
- Built in 1968
Lot Details
- 0.49
Home Design
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 3-Story Property
- Family Room
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Oven or Range
Parking
- 16 Open Parking Spaces
- Outside Parking
Outdoor Features
- Balcony
- Outdoor Storage
Schools
- Sandburg Elementary School
- Sherman Middle School
- East High School
Utilities
- Radiant Heating System
- Separate Meters
- Individual Controls for Heating
- Water Softener is Owned
Additional Features
- 21,344 Sq Ft Lot
- Property is near bus stop
Community Details
- 20 Units
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 0810-284-0108-2
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
Listed on
Aug 9, 2021
Closed on
Dec 10, 2021
Sold by
Holiday Terrace Llc
Bought by
Seller's Agent
Art Luetke
Luetke Investment Real Estate
Buyer's Agent
Kyle Ebley
Realty Executives Cooper Spransy
List Price
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,423
Avg. Annual Appreciation
6.74%
Original Mortgage
$1,320,000
Interest Rate
3.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 1, 2011
Sold by
Terrace Holiday
Bought by
Holiday Terrace Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Greater Sandburg, WI
-
Allen Morris
-
Jerilyn Endrizzi
Jerilyn Endrizzi
Coldwell Banker Real Estate Group
(608) 292-2891
79 Total Sales
1 in Greater Sandburg
$117,000 Price
-
Natally Fisher
Natally Fisher
RE/MAX Preferred
(608) 292-3592
99 Total Sales
1 in Greater Sandburg
$140,000 Price
-
Jason Iverson
Jason Iverson
Mode Realty Network
(608) 292-3946
74 Total Sales
1 in Greater Sandburg
$562,000 Price
-
Deanna Prochaska
Deanna Prochaska
EXP Realty, LLC
(608) 292-3881
98 Total Sales
1 in Greater Sandburg
$295,000 Price
-
Michael Leeson
Michael Leeson
Realty Executives Cooper Spransy
(608) 292-6702
199 Total Sales
1 in Greater Sandburg
$399,000 Price
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 |
|---|---|---|---|
| $1,750,000 | None Available | ||
| Holiday Terrace Llc | -- | 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 |
|---|---|---|---|
| Open | $1,475,000 | ||
| Closed | 2222 Independence Lane Llc | $1,320,000 |
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 |
|---|---|---|---|---|
| 12/10/2021 12/10/21 | Sold | $1,750,000 | -2.8% | -- |
| 09/03/2021 09/03/21 | Pending | -- | -- | -- |
| 08/09/2021 08/09/21 | For Sale | $1,800,000 | -- | -- |
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 | $38,337 | $2,059,800 | $160,000 | $1,899,800 |
| 2024 | $67,989 | $1,925,000 | $160,000 | $1,765,000 |
| 2023 | $31,899 | $1,750,000 | $160,000 | $1,590,000 |
| 2022 | $69,184 | $1,750,000 | $160,000 | $1,590,000 |
| 2021 | $27,905 | $1,302,000 | $118,000 | $1,184,000 |
| 2020 | $27,781 | $1,240,000 | $118,000 | $1,122,000 |
| 2019 | $27,891 | $1,240,000 | $118,000 | $1,122,000 |
| 2018 | $27,126 | $1,208,000 | $117,500 | $1,090,500 |
| 2017 | $25,537 | $1,098,000 | $117,500 | $980,500 |
| 2016 | $23,844 | $998,000 | $106,500 | $891,500 |
| 2015 | $22,925 | $905,000 | $106,500 | $798,500 |
| 2014 | $21,847 | $905,000 | $106,500 | $798,500 |
| 2013 | $18,974 | $905,000 | $106,500 | $798,500 |
Source: Public Records
Agents Affiliated with this Home
-
AL
Seller's Agent in 2021
Art Luetke
Luetke Investment Real Estate
-
Kyle Ebley
Buyer's Agent in 2021
Kyle Ebley
Realty Executives
(608) 572-2084
2 in this area
143 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1916847
APN: 0810-284-0108-2
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.
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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