NOT LISTED FOR SALE

2342 E Washington Ave Madison, WI 53704

Emerson East Neighborhood

Estimated Value: $404,000 - $482,326

3 Beds
2 Baths
1,363 Sq Ft
$322/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $305,000 $224 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,737/month

114 Days on Market

Highlights

  • Main Floor Bedroom
  • Detached Garage
  • Accessible Full Bathroom
  • Den
  • Accessible Bedroom
  • Bathroom on Main Level

About This Home

As of July 2020

Updates and renovations including new central air and 3 electrical panels throughout beautiful 2-flat on Madison's booming east side with 4 car garage. Renovations include kitchen in both units, bathrooms, new garage roof, new flooring, windows, decks, water heater and exterior painting. Start cash-flowing quickly or owner occupy. Rare find in trendy Washington Park neighborhood.

Last Agent to Sell the Property

Marine Yoo

Real Broker LLC Listed on: 02/12/2020

Real Broker LLC

Last Buyer's Agent

Jo Ferraro

EXP Realty, LLC License #52802-90

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,811

Year Built

  • Built in 1918

Lot Details

  • 5,227

Parking

  • Detached Garage

Interior Spaces

  • Den
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Additional Features

  • 5,227 Sq Ft Lot
  • Property is near bus stop
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0710-064-2328-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,811

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Excluded: Tenant's personal property
  • Items Included: dishwasher x2, stove x2, refrigerator x2, microwave, water heater, furnace, A/C unit, washer, dryer, UHP Home Warranty
  • Miscellaneous: Close to bus line
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Units W Ac: 2
  • Number Washers: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Detached

Schools

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

Lot Info

  • Estimated Aces: 0.12
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 28800

Tax Info

  • Net Taxes: 3811
  • Tax Year: 2018
  • Assessor Parcel Number: 0710-064-2328-1

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 12, 2020
Closed on
Jul 30, 2020
Sold by
Dehaven Jacob C
Bought by
Kendig Alexander
Seller's Agent
Marine Yoo
Real Broker LLC
Buyer's Agent
Jo Ferraro
EXP Realty, LLC
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$439,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,332
Avg. Annual Appreciation
6.94%
Original Mortgage
$259,250
Outstanding Balance
$230,398
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$208,934

Purchase Details

Closed on
Nov 25, 2015
Sold by
East Wash Llc
Bought by
Dehaven Jacob C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,464
Interest Rate
3.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 2015
Sold by
Dehaven Burt
Bought by
East Walsh Llc

Purchase Details

Listed on
Mar 5, 2014
Closed on
Apr 10, 2014
Sold by
Phillips Constance L and Jacobs Melissa M
Bought by
Dehaven Burt
Seller's Agent
Dorothy Russ
South Central Non-Member
Buyer's Agent
Robert Helm
Helm Commercial Real Estate
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kendig Alexander $305,000 Nations Title
Dehaven Jacob C $140,000 Attorney
East Walsh Llc -- None Available
Dehaven Burt $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kendig Alexander $259,250
Previous Owner Dehaven Jacob C $137,464
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2020 07/30/20 Sold $305,000 -1.6% $224 / Sq Ft
06/03/2020 06/03/20 Price Changed $310,000 -1.6% $227 / Sq Ft
04/28/2020 04/28/20 Price Changed $315,000 -3.1% $231 / Sq Ft
02/12/2020 02/12/20 For Sale $325,000 +182.6% $238 / Sq Ft
04/10/2014 04/10/14 Sold $115,000 -11.5% $84 / Sq Ft View Prior Sale
03/13/2014 03/13/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $129,900 -- $95 / 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
2023 $7,008 $388,200 $80,700 $307,500
2022 $13,567 $346,600 $74,000 $272,600
2021 $6,450 $304,000 $64,900 $239,100
2020 $4,235 $192,000 $60,100 $131,900
2019 $4,047 $182,900 $60,100 $122,800
2018 $3,811 $166,300 $60,100 $106,200
2017 $3,448 $151,200 $54,600 $96,600
2016 $3,276 $140,000 $54,600 $85,400
2015 $2,839 $117,000 $49,100 $67,900
2014 $2,757 $117,000 $49,100 $67,900
2013 $4,422 $184,500 $47,700 $136,800
Source: Public Records

Agents Affiliated with this Home

  • Marine Yoo

    Seller's Agent in 2020

    Marine Yoo

    Real Broker LLC

    (608) 527-0753

    4 in this area

    1,476 Total Sales

    Marine Yoo
    Section Image
  • Jo Ferraro

    Buyer's Agent in 2020

    Jo Ferraro

    EXP Realty, LLC

    (608) 445-2287

    4 in this area

    989 Total Sales

    Jo Ferraro
    Section Image

  • D

    Seller's Agent in 2014

    Dorothy Russ

    South Central Non-Member

  • R

    Buyer's Agent in 2014

    Robert Helm

    Helm Commercial Real Estate

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1876679

South Central Wisconsin Multiple Listing Service

APN: 0710-064-2328-1

Wisconsin Dane County Madison 53704 Emerson East

2342 E Washington Ave, Madison, WI

Not Listed for Sale

MultiFamily

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