NOT LISTED FOR SALE

2273 E Washington Ave Unit 1 Madison, WI 53704

Atwood Neighborhood

Estimated Value: $326,000 - $385,000

3 Beds
2 Baths
1,702 Sq Ft
$210/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $275,000 $162 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,704/month

2 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Forced Air Heating System
  • Den
  • Property is near a bus stop
  • 4-minute walk to Hawthorne Park

About This Home

As of February 2023

Fully-rented 2 flat along the bustling East Washington Ave corridor has plenty of upside for the next owner. 1st floor unit has front office/den area, 1 small BR, kitchen & bath. 2nd floor unit has 2 BR’s include a spacious walk-up bedroom in the attic being used as a flex room & large covered deck off back. Roof replaced in 2016, tenants are responsible for heat and electric, owner pays water. 1st floor tenant takes care of lawn & snow removal as part of their rent. Shared laundry hook-ups are available in the basement, though there is no functioning washer or dryer on-site. All showings w/ 24 hours notice during viewing times between 10am - 2pm Monday to Friday & 9am - 2pm on weekends. Property does need a bit of work & is being priced accordingly. Current leases are in assoc docs

Last Agent to Sell the Property

Joshua Pelletter

Rockwood Realty Group License #55759-90 Listed on: 02/06/2023

Last Buyer's Agent

Anthony Schey

Lakeplace.com/Dane Arthur Real Estate Agency License #53728-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,052

Year Built

  • Built in 1904

Lot Details

  • 3,485

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Family Room
  • Den
  • Wood Flooring
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 2 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating
  • High Speed Internet

Additional Features

  • Balcony
  • 3,485 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Wakeley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-064-2106-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,052

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Items Excluded: Sellers & Tenants personal property
  • Items Included: refrigerators (2), oven/range (2)
  • Miscellaneous: Close to bus line, Internet - Cable
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Water Heaters: 2

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 2

Utilities

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

Schools

  • School District: Madison
  • Elementary School: Lapham/Marquette
  • Middle School: OKeeffe
  • High School: East
  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.08
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 2130

Tax Info

  • Land Assessment: 61700
  • Improvements: 159700
  • Total Assessment: 221400
  • Assessment year: 2022
  • Net Taxes: 4052
  • Tax Year: 2021
  • Assessor Parcel Number: 0710-064-2106-1

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Feb 17, 2023
Sold by
Kristine T Bruns And Donald B Bruns Trus
Bought by
Snowman Properties Llc
Seller's Agent
Joshua Pelletter
Rockwood Realty Group
Buyer's Agent
Anthony Schey
Lakeplace.com/Dane Arthur Real Estate Agency
List Price
$274,900
Sold Price
$275,000
Premium/Discount to List
$100
0.04%
Views
52
Current Estimated Value
$357,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,781
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Nov 1, 2016
Sold by
Bruns Donald B
Bought by
Bruns Donald B and Bruns Kristine T

Purchase Details

Closed on
Jul 23, 2008
Sold by
Hegwood Richard M and Mers
Bought by
Bruns Donald B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2006
Sold by
Lockhart Kenneth L
Bought by
Hegwood Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
8.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 28, 2006
Sold by
Lockhart Kenneth L
Bought by
Hegwood Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
8.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Snowman Properties Llc $275,000 --
Bruns Donald B -- None Available
Bruns Donald B $121,000 None Available
Hegwood Richard $158,000 None Available
Hegwood Richard $158,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bruns Donald B $149,250
Previous Owner Bruns Donald B $138,000
Previous Owner Bruns Donald B $127,500
Previous Owner Hegwood Richard $126,400
Previous Owner Hegwood Richard $126,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $275,000 0.0% $162 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $274,900 -- $162 / 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 $9,570 $275,000 $66,600 $208,400
2023 $4,282 $239,100 $66,600 $172,500
2021 $4,053 $192,500 $58,800 $133,700
2020 $3,925 $178,200 $54,400 $123,800
2019 $4,042 $192,400 $48,100 $144,300
2018 $3,783 $179,800 $48,100 $131,700
2017 $3,702 $168,000 $40,100 $127,900
2016 $3,605 $160,000 $40,100 $119,900
2015 $3,485 $145,200 $40,100 $105,100
2014 $3,309 $145,200 $40,100 $105,100
2013 $3,040 $139,600 $38,600 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1949814

South Central Wisconsin Multiple Listing Service

APN: 0710-064-2106-1