NOT LISTED FOR SALE

2318 Saint Paul Ave Madison, WI 53704

Atwood Neighborhood

Estimated Value: $382,000 - $458,000

3 Beds
2 Baths
1,434 Sq Ft
$291/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $268,650 $187 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,227/month

Highlights

  • Eat-In Kitchen
  • Water Softener is Owned
  • Dining Room
  • Property is near a bus stop
  • Forced Air Heating System
  • Family Room

About This Home

As of January 2020

2 unit multi-family located just off Atwood Ave. 2318 St Paul Ave is a 2 bedroom unit with 1 bathroom and has a furnace for heating. 218 Ohio Ave is a 1 bedroom unit with 1 bath and has electric heat. Great location and easy to rent. Fully leased with annual gross income of $24,420.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 12/05/2019

Co-Listed By

Tony Xiong

Madison Property Management, Inc. License #69875-94

Last Buyer's Agent

Team GRA

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,527

Year Built

  • Built in 1947

Lot Details

  • 3,746

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 1 Covered Space
  • On-Street Parking
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Additional Features

  • 3,746 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 071006408100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,527

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 1 1/2 story
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 1
  • Parking Stalls Outside: 1

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Attached, Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Estimated Aces: 0.086
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 24420

Tax Info

  • Net Taxes: 4527
  • Tax Year: 2018
  • Assessor Parcel Number: 071006408100

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
Dec 5, 2019
Closed on
Jan 17, 2020
Sold by
Orton Park Llc
Bought by
Hunt Kevin D and Hunt Danielle K
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Team GRA
Century 21 Affiliated
List Price
$268,650
Sold Price
$268,650
Current Estimated Value
$417,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,264
Avg. Annual Appreciation
7.94%
Original Mortgage
$201,487
Outstanding Balance
$178,022
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$239,892

Purchase Details

Closed on
Apr 20, 2012
Sold by
2318 St Paul Avenue Llc
Bought by
Orton Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$941,625
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2006
Sold by
Punzel Jason and Thiry Steven A
Bought by
2318 St Paul Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 14, 2006
Sold by
2318 St Paul Ave Llc
Bought by
Punzel Jason and Thiry Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2005
Sold by
Peter Thomas J and Peter Tammi
Bought by
2318 St Paul Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.67%
Mortgage Type
Credit Line Revolving
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
Hunt Kevin D $268,700 None Available
Orton Park Llc $144,900 None Available
2318 St Paul Avenue Llc -- None Available
Punzel Jason -- --
2318 St Paul Avenue Llc $214,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Kevin D $201,487
Previous Owner Orton Park Llc $941,625
Previous Owner Punzel Jason $201,600
Previous Owner 2318 St Paul Avenue Llc $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2020 01/17/20 Sold $268,650 0.0% $187 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
12/05/2019 12/05/19 For Sale $268,650 -- $187 / 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 $12,476 $357,100 $72,300 $284,800
2023 $6,011 $333,700 $72,300 $261,400
2021 $5,691 $268,700 $63,700 $205,000
2020 $5,082 $229,700 $59,000 $170,700
2019 $4,856 $218,800 $52,200 $166,600
2018 $4,528 $204,500 $52,200 $152,300
2017 $4,379 $191,100 $43,500 $147,600
2016 $4,283 $182,000 $43,500 $138,500
2015 $4,341 $177,200 $43,500 $133,700
2014 $4,215 $177,200 $43,500 $133,700
2013 $4,139 $170,400 $41,800 $128,600
Source: Public Records

Agents Affiliated with this Home

  • James Stopple

    Seller's Agent in 2020

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    4 in this area

    91 Total Sales

    James Stopple
    Section Image
  • Tony Xiong

    Seller Co-Listing Agent in 2020

    Tony Xiong

    Madison Property Management, Inc.

    (608) 347-7842

    2 in this area

    65 Total Sales

    Tony Xiong
    Section Image

  • T

    Buyer's Agent in 2020

    Team GRA

    Century 21 Affiliated

    (608) 825-7552

    113 Total Sales

    Team GRA
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1875494

South Central Wisconsin Multiple Listing Service

APN: 0710-064-0810-0

Wisconsin Dane County Madison 53704 Atwood

2318 Saint Paul Ave, Madison, WI

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