NOT LISTED FOR SALE

2408 Independence Ln Unit 106 Madison, WI 53704

Greater Sandburg Neighborhood

Estimated Value: $128,000 - $140,000

1 Bed
1 Bath
680 Sq Ft
$170/mo HOA Fee

Last Sold August 31, 2020

Last sale price $87,000 $128 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,182/month

9 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • Intercom
  • Deck
  • Bathtub
  • Breakfast Bar

About This Home

As of August 2020

This one bedroom Stonebridge Condominium is the place to call home! This location is near Reidndahl Park and across from East Towne Mall in Madison. There is ample storage in the updated kitchen cabinets. Newer carpet and vinyl flooring run throughout the condo. Cool off in the on-site swimming pool. Enjoy the convenience of the going to the gym at the on-site fitness facility. Heat, hot water, trash removal, and water/sewer are included in the condo fees!

Last Agent to Sell the Property

Marine Yoo

Real Broker LLC Listed on: 07/24/2020

Real Broker LLC

Last Buyer's Agent

Jason Fowler

Century 21 Affiliated License #57590-90

Century 21 Affiliated

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,579

Year Built

  • Built in 1974

Lot Details

  • 14.08

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • 680 Sq Ft Home
  • Garden Home
  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Driveway Level
  • Outside Parking

Schools

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

Utilities

  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Laundry on lower level
  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0810-281-1838-0

Community Details

Overview

  • Association fees include heat, hot water, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, recreation facility, reserve fund
  • 16 Units
  • Located in the Stonebridge Condos master-planned community
  • The community has rules related to parking rules
  • Greenbelt

Amenities

  • Sauna
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Whirlpool Spa

Security

  • Resident Manager or Management On Site
  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,579

Year Built

Built in 1974

Lot Details

0

HOA Fees

$170 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 Excluded: Seller's Personal Property, Window Coverings, TV Mount, Living Room and Bedroom Light Fixtures, Curtains and Closets in Bedroom 1.
  • Items Included: Refrigerator, Oven/Range, Microwave, Dishwasher, Garbage Disposal, Washer, Dryer
  • Fee Includes: Heat, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Recreation facility, Reserve fund
  • Project Name: Stonebridge Condos
  • Year Built: 1974
  • Above Grade Price Per Sq Ft: 125
  • Above Grade Sold Price Per Sq Ft: 127.94
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 680
  • Finished Above Grade Sq Ft: 680
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 13x11, On Level: M
  • Kitchen: Dimensions: 8x7, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 26x12, On Level: M
  • Dining Room: Dimensions: 12x10, On Level: M
  • In Unit Laundry Lvl: L
  • Basement: None
  • Interior Amenities: Intercom, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Exterior: Vinyl, Brick, Stone
  • Exterior Features: Deck/Balcony

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Exercise room, Sauna, Whirlpool, Shared Laundry Facilities, Security system, Close to busline
  • Condo Fee Month: 170
  • Condo Management: Professional onsite, Developer
  • Proposed Units In Assoc: 301
  • Units in Association: 124
  • Units In Building: 16

Schools

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

Lot Info

  • Zoning: R4
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 8700
  • Improvements: 64800
  • Total Assessment: 73500
  • Assessment year: 2019
  • Net Taxes: 1579
  • Tax Year: 2019
  • Assessor Parcel Number: 0810-281-1838-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 31, 2020
Sold by
Mallien Pamela J
Bought by
Buye Michael J
Seller's Agent
Marine Yoo
Real Broker LLC
Buyer's Agent
Jason Fowler
Century 21 Affiliated
List Price
$85,000
Sold Price
$87,000
Premium/Discount to List
$2,000
2.35%
Current Estimated Value
$134,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,551
Avg. Annual Appreciation
8.97%
Original Mortgage
$78,300
Outstanding Balance
$70,388
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$63,545

Purchase Details

Closed on
May 19, 2006
Sold by
Stonebridge Equities Llc
Bought by
Mallien Pameal J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,805
Interest Rate
10.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Buye Michael J $87,000 Nations Title
Mallien Pameal J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buye Michael J $78,300
Previous Owner Mallien Pamela J $71,200
Previous Owner Mallien Pameal J $77,805
Previous Owner Monroe David J $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $87,000 +2.4% $128 / Sq Ft
07/24/2020 07/24/20 For Sale $85,000 -- $125 / 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 $3,423 $116,600 $11,800 $104,800
2023 $1,886 $108,000 $10,900 $97,100
2021 $1,776 $86,600 $10,000 $76,600
2020 $1,671 $77,900 $9,200 $68,700
2019 $1,579 $73,500 $8,700 $64,800
2018 $1,515 $70,700 $8,700 $62,000
2017 $1,356 $61,500 $7,600 $53,900
2016 $1,351 $59,700 $7,400 $52,300
2015 $1,200 $51,300 $7,400 $43,900
2014 $1,165 $51,300 $7,400 $43,900
2013 $1,468 $57,000 $7,400 $49,600
Source: Public Records

Agents Affiliated with this Home

  • Marine Yoo

    Seller's Agent in 2020

    Marine Yoo

    Real Broker LLC

    (608) 527-0753

    16 in this area

    1,547 Total Sales

    Marine Yoo
    Section Image
  • Jason Fowler

    Buyer's Agent in 2020

    Jason Fowler

    Century 21 Affiliated

    (608) 438-5056

    1 in this area

    78 Total Sales

    Jason Fowler
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1889198

South Central Wisconsin Multiple Listing Service

APN: 0810-281-1838-0

Wisconsin Dane County Madison 53704 Greater Sandburg

2408 Independence Ln Unit 106, Madison, WI

This home is located at 2408 Independence Ln Unit 106, Madison, WI 53704 since 24 July 2020 and is currently estimated at $134,551, approximately $197 per square foot. This property was built in 1974. 2408 Independence Ln Unit 106 is a home located in Dane County with nearby schools including Sandburg Elementary School, Sherman Middle School, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes