NOT LISTED FOR SALE

2404 Independence Ln Unit 101 Madison, WI 53704

Greater Sandburg Neighborhood

Estimated Value: $158,000 - $211,000

2 Beds
1 Bath
987 Sq Ft
$254/ mo HOA Fee

Last Sold May 13, 2024

Last sale price $180,000 $182 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,615/month

2 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Walk-In Closet
  • Clubhouse
  • Sauna
  • Breakfast Bar

About This Home

As of May 2024

Why rent when you can buy for the same price or less? This is a unique opportunity to own a home in Madison for under $200K. This is a two-bedroom, one-bath Condo with upgrades including bamboo floor in the entry, dining, and hallway, a new tile floor and tub surround in the bathroom, a tile backsplash in the kitchen, newer cabinets, newer 5" white trim, and white-painted doors, and new ceiling fans. The first-floor unit has convenient parking right outside your front door. Coin-operated washer and dryer on the lower level. For showings use showing line. For any and all questions call Jon Teppo: (608) 225-1665

Last Agent to Sell the Property

Jonathan Teppo

TNT Realty Group, LLC License #55121-90 Listed on: 04/10/2024

Last Buyer's Agent

Jo Ferraro

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,283

Year Built

  • Built in 1974

Lot Details

  • 14.08

HOA Fees

  • $254 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 987 Sq Ft Home
  • Storage Room
  • Laundry on lower level
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Driveway Level
  • Outside Parking

Schools

  • Sandburg Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Patio
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0810-281-1817-4

Community Details

Overview

  • Association fees include heat, hot water, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 16 Units
  • Located in the Stonebridge Condos master-planned community
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,283

Year Built

Built in 1974

Lot Details

14.08 Acres

HOA Fees

$254 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Barrier Free: Level drive, Level lot
  • Items Included: Window/Wall AC, All window coverings
  • Fee Includes: Heat, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Stonebridge Condos
  • Year Built: 1974
  • Above Grade Sold Price Per Sq Ft: 182.37
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 987
  • Finished Above Grade Sq Ft: 987
  • Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 16x12, On Level: M
  • Bedroom 2: Dimensions: 13x10, On Level: M
  • Kitchen: Dimensions: 7x8, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 12x27, On Level: M
  • Dining Room: Dimensions: 16x10, On Level: M
  • In Unit Laundry Lvl: L
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Cable/Satellite Available, Storage Unit Inc
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Exterior: Vinyl, Brick, Stone
  • Exterior Features: Patio

Utilities

  • Heating Cooling: Radiant
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Outside only

Condo/Co-op/Association

  • Common Amenities: Clubhouse, Common Green Space, Exercise room, Sauna, Shared Laundry Facilities, Close to busline
  • Condo Fee Month: 254
  • Condo Management: Professional onsite
  • Units in Association: 301
  • Units In Building: 16

Schools

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

Lot Info

  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 2283
  • Tax Year: 2023
  • Assessor Parcel Number: 0810-281-1817-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 13, 2024
Sold by
Pauley Justin and Pauley Ashleigh
Bought by
Fiadjigbe Akouvi Sahia
Seller's Agent
Jonathan Teppo
TNT Realty Group, LLC
Buyer's Agent
Jo Ferraro
EXP Realty, LLC
List Price
$159,900
Sold Price
$180,000
Premium/Discount to List
$20,100
12.57%
Views
52
Current Estimated Value
$183,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,667
Avg. Annual Appreciation
1.10%
Original Mortgage
$33,000
Outstanding Balance
$32,497
Interest Rate
8.2%
Estimated Equity
$151,170

Purchase Details

Closed on
Jun 1, 2005
Sold by
Stonebridge Equities Llc
Bought by
Pauley Justin and Pauley Ashleigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,400
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fiadjigbe Akouvi Sahia $180,000 None Listed On Document
Pauley Justin $86,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fiadjigbe Akouvi Sahia $33,000
Open Fiadjigbe Akouvi Sahia $151,000
Previous Owner Pauley Justin $76,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2024 05/13/24 Sold $180,000 +12.6% $182 / Sq Ft
04/10/2024 04/10/24 For Sale $159,900 -- $162 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $4,740 $138,600 $13,700 $124,900
2023 $2,257 $128,300 $12,700 $115,600
2022 $4,566 $119,500 $11,700 $107,800
2021 $2,249 $108,600 $11,700 $96,900
2020 $2,159 $99,600 $10,700 $88,900
2019 $2,041 $94,000 $10,100 $83,900
2018 $1,958 $90,400 $10,100 $80,300
2017 $1,678 $75,300 $8,800 $66,500
2016 $1,672 $73,100 $8,500 $64,600
2015 $1,488 $62,800 $8,500 $54,300
2014 $1,444 $62,800 $8,500 $54,300
2013 $1,815 $69,800 $8,500 $61,300
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Teppo

    Seller's Agent in 2024

    Jonathan Teppo

    TNT Realty Group, LLC

    (608) 225-1665

    1 in this area

    30 Total Sales

    Jonathan Teppo
    Section Image
  • Jo Ferraro

    Buyer's Agent in 2024

    Jo Ferraro

    EXP Realty, LLC

    (608) 445-2287

    11 in this area

    976 Total Sales

    Jo Ferraro
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1974557

South Central Wisconsin Multiple Listing Service

APN: 0810-281-1817-4

Wisconsin Dane County Madison 53704 Greater Sandburg

2404 Independence Ln Unit 101, Madison, WI

Not Listed for Sale

Condos

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