$166,000
SOLD APR 11, 2025

2418 Independence Ln Unit 103 Madison, WI 53704

Greater Sandburg Neighborhood
2 Beds
1 Bath
987 Sq Ft
$259/mo HOA Fee

Recently Sold

$168 Per Sq Ft

1% Above List Price

6 Days on Market

Highlights

  • Fitness Center
  • Deck
  • Wood Flooring
  • Clubhouse
  • Property is near a park
  • Sauna

About This Home

As of April 2025

Looking for the perfect starter home or a cozy space to downsize? This beautifully updated 2-bedroom, 1-bath condo has it all! Recent upgrades include new light fixtures, fresh paint, a remodeled bathroom, new doors, trim, and more. The open-concept kitchen features stainless steel appliances, while in-unit laundry and ample closet space add to the convenience. The spacious primary bedroom offers plenty of comfort, and natural light fills this bright, inviting home. Enjoy a main-floor unit overlooking the courtyard, plus access to fantastic amenities like a gym, sauna, and pool. With a low monthly condo fee covering heat, water/sewer, and hot water, this is an incredible opportunity in an unbeatable location. Stop renting and start owning today!

Last Agent to Sell the Property

Ryan Oliversen

Bunbury & Assoc, REALTORS License #80079-94 Listed on: 03/05/2025

Last Buyer's Agent

Dan Chin Homes Team

Real Broker LLC

Real Broker LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 1974

HOA Fees

  • $259 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 987 Sq Ft Home
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near a park
  • Property is near a bus stop

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System

Additional Features

  • Deck
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 0810-281-1962-7

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,929

Year Built

Built in 1974

Lot Details

0

HOA Fees

$259 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, End Unit
  • Items Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Disposal, Washer & Dryer
  • Fee Includes: Parking, 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: 167.17
  • Above Grade Sold Price Per Sq Ft: 168.19
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 987
  • Finished Above Grade Sq Ft: 987
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 15x11, On Level: M
  • Bedroom 2: Dimensions: 13x10, On Level: M
  • Kitchen: Dimensions: 9x7, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 16x12, On Level: M
  • Dining Area: Dimensions: 10x6, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

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

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant, Wall AC
  • 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, Outdoor Pool, Project Adj Park/PubLand
  • Condo Fee Month: 259
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 301
  • Units in Association: 301
  • Units In Building: 20

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: SR-V2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 13700
  • Improvements: 124900
  • Total Assessment: 138600
  • Assessment year: 2024
  • Net Taxes: 1929
  • Tax Year: 2023
  • Assessor Parcel Number: 0810-281-1962-7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
Apr 9, 2025
Sold by
Bedrock Properties Llc
Bought by
Garcia Dulce O Jimenez
Seller's Agent
Ryan Oliversen
Bunbury & Assoc, REALTORS
Buyer's Agent
Dan Chin Homes Team
Real Broker LLC
List Price
$165,000
Sold Price
$166,000
Premium/Discount to List
$1,000
0.61%
Total Days on Market
6
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.36%
Original Mortgage
$149,400
Outstanding Balance
$149,268
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$10,827

Purchase Details

Listed on
Oct 4, 2024
Closed on
Oct 23, 2024
Sold by
Cox Michael
Bought by
Bedrock Properties Llc
Seller's Agent
Ryan Oliversen
Bunbury & Assoc, REALTORS
Buyer's Agent
Ryan Oliversen
Bunbury & Assoc, REALTORS
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
164.99%

Purchase Details

Listed on
May 18, 2020
Closed on
Jun 12, 2020
Sold by
Mccallum Monique L and Mccallum Matthew A
Bought by
Cox Michael
Seller's Agent
Tori Wagner
Keller Williams Lake Country
Buyer's Agent
Ken Brenner
Stark Company, REALTORS
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.02%

Purchase Details

Listed on
Nov 30, 2018
Closed on
Jan 31, 2019
Sold by
Ozulamoi Abondio and Lorya Josephine
Bought by
Mccallum Monique L and Mccallum Matthew A
Seller's Agent
Tashekia Jones
NextHome Strategy
Buyer's Agent
Tori Wagner
Keller Williams Lake Country
List Price
$92,000
Sold Price
$92,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.40%
Original Mortgage
$78,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2006
Sold by
Stonebridge Equities Llc
Bought by
Ozulamoi Abondio and Lorya Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.45%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $166,000 Nations Title
Personal Reps Deed $105,000 Nations Title
Condominium Deed $120,000 None Available
Deed $92,000 None Available
Warranty Deed $91,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $149,400 New Conventional
Previous Owner $84,000 New Conventional
Previous Owner $78,200 New Conventional
Previous Owner $91,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $166,000 +0.6% $168 / Sq Ft
03/05/2025 03/05/25 For Sale $165,000 +57.1% $167 / Sq Ft
10/23/2024 10/23/24 Sold $105,000 0.0% $106 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $105,000 -12.5% $106 / Sq Ft
06/15/2020 06/15/20 Sold $120,000 +4.3% $125 / Sq Ft
05/29/2020 05/29/20 For Sale $115,000 -4.2% $120 / Sq Ft
05/20/2020 05/20/20 Off Market $120,000 -- --
05/18/2020 05/18/20 For Sale $115,000 +25.0% $120 / Sq Ft
01/31/2019 01/31/19 Sold $92,000 0.0% $96 / Sq Ft
11/30/2018 11/30/18 For Sale $92,000 -- $96 / 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 $4,202 $138,600 $13,700 $124,900
2023 $1,929 $128,300 $12,700 $115,600
2021 $2,191 $120,000 $11,700 $108,300
2020 $1,794 $92,000 $10,700 $81,300
2019 $1,938 $99,100 $10,100 $89,000
2018 $1,880 $95,300 $10,100 $85,200
2017 $1,635 $79,400 $8,800 $70,600
2016 $1,618 $77,100 $8,500 $68,600
2015 $1,446 $66,200 $8,500 $57,700
2014 $1,395 $66,200 $8,500 $57,700
2013 $1,817 $73,500 $8,500 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1994653

South Central Wisconsin Multiple Listing Service

APN: 0810-281-1962-7