NOT LISTED FOR SALE

2238 E Johnson St Madison, WI 53704

Emerson East Neighborhood

Estimated Value: $508,000 - $565,840

5 Beds
4 Baths
4,004 Sq Ft
$135/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $451,000 $113 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,141/month

5 Days on Market

Highlights

  • Main Floor Bedroom
  • Entrance Foyer
  • Accessible Full Bathroom
  • Balcony
  • Accessible Bedroom
  • Bathroom on Main Level

About This Home

As of March 2022

Consistently rented 3 unit apartment building in HIGHLY DESIRABLE near Eastside location! Lower Unit has 3 bedrooms, 1.5 baths w/ 1,316 sq ft. Units 2 & 3 are identical with added 1,344 sq ft; there's 192 additional sq ft in the basement for a multi-purpose or exercise room! Most convenient to downtown Madison, Airport and MATC. Current rental rates are below today's fair market rental rates. Close to vus line and schools. Washer and dryer in basement are available for tenants' use. Off road parking with 2 pad area and 2 car garage for unit 1. Call today for a showing!

Last Agent to Sell the Property

Susan Nichols

Bunbury & Assoc, REALTORS License #52371-90 Listed on: 01/24/2022

Last Buyer's Agent

Ben Anton

Lauer Realty Group, Inc. License #53852-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,723

Year Built

  • Built in 1967

Lot Details

  • 5,663

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Entrance Foyer
  • Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 3 Open Parking Spaces
  • 2 Covered Spaces

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Softener is Owned
  • High Speed Internet

Additional Features

  • 5,663 Sq Ft Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-062-1310-3

Community Details

Overview

  • 3 Units
  • Madison Square Riley Plat, Lot 15 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,723

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Barrier Free: First floor bedroom, First floor full bath, Width of hallways 36"+
  • Items Excluded: All tenants' personal property.
  • Items Included: All 3 refrigerators, 3 dishwashers, 3 stove/ranges.
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Internet - Cable, Internet - Fixed wireless
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Aluminum/Steel, Brick

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.13
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 7723
  • Tax Year: 2021
  • Assessor Parcel Number: 0710-062-1310-3

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of3 Bedrooms: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Mar 30, 2022
Sold by
Jcjt Llc
Bought by
Berge Meghan E H and Berge Bowe M
Seller's Agent
Susan Nichols
Bunbury & Assoc, REALTORS
Buyer's Agent
Ben Anton
Lauer Realty Group, Inc.
List Price
$425,900
Sold Price
$451,000
Premium/Discount to List
$25,100
5.89%
Current Estimated Value
$540,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,710
Avg. Annual Appreciation
4.93%

Purchase Details

Closed on
Feb 8, 2021
Sold by
Ochoa Jacqueline
Bought by
Jcjt Llc

Purchase Details

Closed on
Jul 10, 2020
Sold by
Brandel Phillip J and Joanne E Brandel Estate
Bought by
Ochoa Jacqueline
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
Berge Meghan E H $451,000 None Listed On Document
Berge Meghan E H $451,000 None Listed On Document
Jcjt Llc -- None Available
Ochoa Jacqueline $288,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Berge Meghan E H $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $451,000 +5.9% $113 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $425,900 -- $106 / 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 $15,801 $451,000 $51,600 $399,400
2023 $8,276 $457,600 $48,200 $409,400
2021 $7,723 $363,200 $40,200 $323,000
2020 $3,748 $336,300 $37,200 $299,100
2019 $7,146 $320,300 $35,400 $284,900
2018 $6,480 $291,200 $35,400 $255,800
2017 $6,096 $264,700 $34,000 $230,700
2016 $6,265 $264,700 $32,100 $232,600
2015 $6,331 $249,700 $28,900 $220,800
2014 $5,972 $249,700 $28,900 $220,800
2013 $5,508 $242,400 $28,100 $214,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Susan Nichols

    Bunbury & Assoc, REALTORS

    Section Image
  • Ben Anton

    Buyer's Agent in 2022

    Ben Anton

    Lauer Realty Group, Inc.

    (608) 513-9757

    11 in this area

    131 Total Sales

    Ben Anton
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1926509

South Central Wisconsin Multiple Listing Service

APN: 0710-062-1310-3

Wisconsin Dane County Madison 53704 Emerson East

2238 E Johnson St, Madison, WI

Not Listed for Sale

MultiFamily

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