NOT LISTED FOR SALE

2304 Atwood Ave Unit 1W Madison, WI 53704

Atwood Neighborhood

Estimated Value: $444,000 - $493,000

5 Beds
4 Baths
3,000 Sq Ft
$156/Sq Ft Est. Value

Last Sold November 29, 2012

Last sale price $185,000 $62 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,914/month

About This Home

As of November 2012

Bank Owned 2 Flat with 2 accessory buildings in the heart of Atwood Ave. Priced $27,000 below Assessed value. This unique 5 unit property needs some repair / updating but is located in one of the most popular east side neighborhoods to invest in. Neighboring 2 Flat at 2318 Atwood also Bank Owned and for sale as well. Bank says "Make an Offer". Unit #5 rent is $335/mo

Last Agent to Sell the Property

Dan Bowden

Restaino & Associates License #47037-90 Listed on: 10/08/2012

Restaino & Associates

Last Buyer's Agent

Ben Anton

Lauer Realty Group, Inc. License #53852-90

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 3,916

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Lowell Elementary School
  • Okeeffe Middle School
  • East High School

Additional Features

  • 3,916 Sq Ft Lot
  • Property is near a bus stop
  • Separate Meters

Community Details

  • 5 Units
  • Farnhams Subidivision Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-064-3702-6

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Miscellaneous: Close to bus line
  • Year Built: 1912
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Exterior: Wood, Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Utilities: Separate elec meters

Schools

  • Elementary School: Lowell
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Lot Sq Ft: 3916
  • Zoning: C2
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 4711
  • Tax Year: 2011
  • Assessor Parcel Number: 0710-064-3702-6

Multi Family

  • Number Of1 Bedrooms: 3
  • Number Of2 Bedrooms: 1
  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2012
Closed on
Nov 29, 2012
Sold by
Anchorbank Fsb
Bought by
Deacon Housing Llc
Seller's Agent
Dan Bowden
Restaino & Associates
Buyer's Agent
Ben Anton
Lauer Realty Group, Inc.
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%
Current Estimated Value
$466,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,667
Avg. Annual Appreciation
7.42%
Original Mortgage
$148,000
Outstanding Balance
$102,443
Interest Rate
3.35%
Mortgage Type
Commercial
Estimated Equity
$364,224

Purchase Details

Closed on
Jun 21, 2012
Sold by
D-M Nelson Properties Llc
Bought by
Anchorbank Fsb
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
Deacon Housing Llc $185,000 Dane County Title Co
Anchorbank Fsb $108,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deacon Housing Llc $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2012 11/29/12 Sold $185,000 +2.8% $62 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $179,900 -- $60 / 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 $16,651 $475,000 $52,000 $423,000
2023 $7,772 $430,000 $47,000 $383,000
2021 $7,503 $353,000 $39,000 $314,000
2020 $7,470 $336,000 $39,000 $297,000
2019 $7,139 $320,000 $39,000 $281,000
2018 $6,787 $304,800 $39,000 $265,800
2017 $6,379 $276,800 $39,000 $237,800
2016 $5,956 $251,800 $35,000 $216,800
2015 $5,728 $228,800 $35,000 $193,800
2014 $5,465 $228,800 $35,000 $193,800
2013 $5,542 $228,800 $35,000 $193,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1668127

South Central Wisconsin Multiple Listing Service

APN: 0710-064-3702-6