NOT LISTED FOR SALE

2322 E Johnson St Unit 1 Madison, WI 53704

Emerson East Neighborhood

Estimated Value: $477,000 - $652,204

4 Beds
2 Baths
2,160 Sq Ft
$247/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $350,000 $162 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,934/month

2 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Water Softener is Owned
  • Balcony
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of January 2021

Attention investors or looking for and Owner Occupied Investment? Here's your chance to pick up a 2-flat located in downtown Madison! Close to schools, restaurants, shopping and bus line. Each unit has 1,080 sq ft with 2 bedrooms, 1 full bath, eat in kitchen. Separate metered utilities and HVAC. Newer detached 2 car garage with lots of off street parking. Includes 2 stoves, 2 refrigerators, and 1 water softener. Estate sale - upper unit was owner occupied and lower unit was rented. Lower unit was being rented for well under market rents.

Last Agent to Sell the Property

Kathy Jasper

Home Connection Realty License #57459-90 Listed on: 12/16/2020

Last Buyer's Agent

Gerardo Jimenez

Sprinkman Real Estate License #52378-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,745

Year Built

  • Built in 1957

Lot Details

  • 5,663

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Family Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Outside Parking

Schools

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

Utilities

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

Additional Features

  • Balcony
  • 5,663 Sq Ft Lot

Community Details

  • 2 Units
  • Madison Square Riley Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-062-1215-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,745

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Included: 2 Stoves, 2 Refrigerators, 1 Water Softener, 1 Washer, and 2 Dryers
  • Miscellaneous: Water Softener Owned
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dryers: 2
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Heaters: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 4

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.13
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 9000

Tax Info

  • Land Assessment: 67900
  • Improvements: 200000
  • Total Assessment: 267900
  • Assessment year: 2019
  • Net Taxes: 5745
  • Tax Year: 2019
  • Assessor Parcel Number: 0710-062-1215-5

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Ark Eric
Bought by
Be Home Alumni Llc
Total Days on Market
2
Current Estimated Value
$518,713

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jan 22, 2021
Sold by
Dickerson Wanetia and Deloirs Seawright Estate
Bought by
Ark Eric
Seller's Agent
Kathy Jasper
Home Connection Realty
Buyer's Agent
Gerardo Jimenez
Sprinkman Real Estate
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$280,000
Interest Rate
2.67%
Mortgage Type
New Conventional
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
Be Home Alumni Llc -- None Available
Ark Eric $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Be Home Alumni Llc $50,000
Previous Owner Ark Eric $280,000
Previous Owner Seawright Deloris $12,000
Previous Owner Seawright Deloris $115,144
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $350,000 +0.3% $162 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/16/2020 12/16/20 For Sale $349,000 -- $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 $14,166 $420,000 $97,500 $322,500
2023 $6,749 $392,000 $91,100 $300,900
2021 $5,831 $289,300 $73,300 $216,000
2020 $5,746 $267,900 $67,900 $200,000
2019 $5,745 $267,900 $67,900 $200,000
2018 $5,218 $243,500 $67,900 $175,600
2017 $4,948 $221,400 $61,700 $159,700
2016 $4,684 $205,000 $61,700 $143,300
2015 $4,521 $189,500 $55,500 $134,000
2014 $4,382 $189,500 $55,500 $134,000
2013 $4,240 $184,000 $53,900 $130,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1899350

South Central Wisconsin Multiple Listing Service

APN: 0710-062-1215-5