NOT LISTED FOR SALE

224 Madison St Unit 232 Burlington, WI 53105

Estimated Value: $294,783

3 Beds
1 Bath
1,263 Sq Ft
$233/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $135,000 $107 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,795/month

212 Days on Market

Highlights

  • Main Floor Bedroom
  • Bathtub with Shower
  • 3-minute walk to Wehmhoff Square
  • Nettie E. Karcher School Rated 9+
  • Forced Air Heating System

About This Home

As of April 2021

Charming, updated Burlington Cape Cod 3/BR,1BA home, including a commercial building. Recent updates since 2016 include: drywall, paint, many newer windows, roof, flooring, kitchen and bath. Home is currently rented at $1050/mo; commercial building at $350/mo. Bedroom, laundry and full bath on main level. Rent on building could offset your mortgage! See for possible special financing requirement.

Last Agent to Sell the Property

Michael Burke

Keefe Real Estate, Inc. License #30278-94 Listed on: 08/25/2020

Last Buyer's Agent

The Bollmeier-Corr Group*

First Weber Inc- Racine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,072

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Property is zoned B-2

Interior Spaces

  • 1,263 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Schools

  • Nettie E Karcher Middle School
  • Burlington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Seller's and Tenant's Personal Property
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,072

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Stove, Refrigerator, Washer, Dryer
  • Directions: Pine St to Madison St to property
  • New Construction: No
  • Year Built: 1940
  • Cleared Acreage: Less than 1/2
  • Architecture: Cape Cod
  • Full Street Address: 224 Madison STREET #232
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.1
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Oven, Range, Refrigerator, Washer
  • Has Basement: Full
  • Interior Amenities: Cable/Satellite Available
  • Bathroom Description: Shower Over Tub
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Main
  • Dining Room Dining Room Level: Main
  • Family Room Level: Upper
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 8
  • Second Floor Total Sq Ft: 1263.00

Exterior Features

  • Exclusions: Seller's and Tenant's Personal Property
  • Exterior Building Type: 1.5 Story
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: None

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • High School: Burlington
  • Junior High Dist: Burlington Area

Lot Info

  • Zoning: B-2
  • Acreage Range: 0.0 to .499
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2019
  • Total Taxes: 2072.0

MLS Schools

  • Middle School: Nettie E Karcher

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Apr 2, 2021
Sold by
Mttp Llc
Bought by
Swaybar 24 Llc
Seller's Agent
Michael Burke
Keefe Real Estate, Inc.
Buyer's Agent
The Bollmeier-Corr Group*
First Weber Inc- Racine
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$294,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,783
Avg. Annual Appreciation
18.64%
Original Mortgage
$101,250
Outstanding Balance
$91,416
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$203,367
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
Swaybar 24 Llc $135,000 Fidelity Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swaybar 24 Llc $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $135,000 0.0% $107 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
08/25/2020 08/25/20 For Sale $135,000 -- $107 / Sq Ft
Source: Metro MLS

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 $2,936 $153,400 $36,100 $117,300
2023 $2,307 $139,900 $36,100 $103,800
2022 $2,286 $135,000 $36,100 $98,900
2021 $1,686 $95,200 $36,100 $59,100
2020 $2,351 $95,200 $36,100 $59,100
2019 $2,073 $95,200 $36,100 $59,100
2018 $1,894 $95,200 $36,100 $59,100
2017 $2,153 $95,200 $36,100 $59,100
2016 $1,869 $85,300 $36,100 $49,200
2015 $1,923 $85,300 $36,100 $49,200
2014 $1,887 $85,300 $36,100 $49,200
2013 $1,984 $85,300 $36,100 $49,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Burke

    Keefe Real Estate, Inc.

  • T

    Buyer's Agent in 2021

    The Bollmeier-Corr Group*

    First Weber Inc- Racine

See All Agents

Map

Source: Metro MLS

MLS Number: 1706319

Metro MLS

APN: 206-031932401810

Wisconsin Racine County Burlington 53105

224 Madison St Unit 232, Burlington, WI

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