$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%
Views
33
Current Estimated Value
$162,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,675
Avg. Annual Appreciation
-11.03%
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

Similar Homes in Madison, WI

  • 8206 Starr Grass Dr Unit 106, Madison, WI 53719

    $199,900

    • 1 Bed
    • 1 Bath
    • 1,045 Sq Ft
    • 8206 Starr Grass Dr
    • Unit 106
    • Madison, WI

    Motivated seller! This spacious first floor condo embodies all the elements of the convenience of the condo lifestyle, including; nicely maintained grounds, underground parking, generously sized rooms, and even an exercise room. The balcony-style deck opens with a tree-lined view of the grounds so you can start your day with a nature-view! With fresh paint, and new fridge and stove, this unit is

    Jean Armendariz-Kerr Mode Realty Network

    Section Image
  • 4318 Melody Ln Unit 104, Madison, WI 53704

    $154,900

    • 1 Bed
    • 1 Bath
    • 675 Sq Ft
    • 4318 Melody Ln
    • Unit 104
    • Madison, WI

    This 1-BR, 1-bath gem in the desirable Stonebridge community offers opportunity for homeownership on Madison’s East side. Condo fee of $224.50 includes heat, water, lawn care, snow removal, & plenty of off street parking- perfect for those seeking simplicity & predicable monthly expenses! Amenities include a swimming pool, fitness center, sauna, & beautifully maintained grounds. Security is a

    Leslie Boyea Quorum Enterprises, Inc

    Section Image
  • 4322 Melody Ln Unit 110, Madison, WI 53704

    $170,000

    • 2 Beds
    • 1 Bath
    • 987 Sq Ft
    • 4322 Melody Ln
    • Unit 110
    • Madison, WI

    Tucked away from all the hustle and bustle, this unit is set in a beautiful area of the property just steps away from the pool house with fitness center and sauna. Spacious 2-bed 1-bath with private storage locker and shared bike room located in the building. Conveniently located on the east side with great access to all that Madison has to offer.

    Jared Pinkus Superior Property Group

    Section Image
  • 2420 Independence Ln Unit 212, Madison, WI 53704

    $195,000

    • 2 Beds
    • 2 Baths
    • 1,064 Sq Ft
    • 2420 Independence Ln
    • Unit 212
    • Madison, WI

    Ideal condominium home in East Madison’s Stonebridge community, close to shopping, dining, grocery stores, and the bus line. The fantastic open layout provides a great flow for entertaining and socializing. Relax at the end of the day in your private bedroom with a full ensuite bathroom. Spend warm weather days on your private balcony, perfect for unwinding. You’ll love having easy access to the

    Dan Chin Homes Team Real Broker LLC

    Section Image
  • 4312 Melody Ln Unit 108, Madison, WI 53704

    $179,900

    • 2 Beds
    • 1 Bath
    • 987 Sq Ft
    • 4312 Melody Ln
    • Unit 108
    • Madison, WI

    Enjoy easy living in this fully updated 2-bed 1-bath condo with underground parking! This corner unit shines with new stainless steel appliances, modern LVP flooring, and crisp white cabinetry. Stay active or relax with access to a fitness center, outdoor pool, and clubhouse. Assigned underground parking keeps your car snow-free + outdoor maintenance covered by the HOA makes day-to-day life

    Tanner Nimke LPT Realty

    Section Image
  • 4322 Melody Ln Unit 6, Madison, WI 53704

    $179,000

    • 2 Beds
    • 1 Bath
    • 987 Sq Ft
    • 4322 Melody Ln
    • Unit 6
    • Madison, WI

    This beautifully updated 2-bedroom, 1-bath main-floor condo offers modern living with new luxury vinyl flooring, fresh paint, and updated light fixtures. The primary bedroom features a walk-in closet and a brand-new washer & dryer, plus both bedrooms include ceiling fans. Located just 10 minutes from downtown Madison and near East Towne Mall, enjoy easy access to shopping, dining, and highways.

    Ally Colin Homestead Realty

    Section Image
  • 2422 Independence Ln Unit 206, Madison, WI 53704

    $195,000

    • 2 Beds
    • 2 Baths
    • 1,064 Sq Ft
    • 2422 Independence Ln
    • Unit 206
    • Madison, WI

    Affordability and convenience await with this 2bd/2bth condo! This move in ready unit is ready to help you build equity while enjoying having easy access to the East Washington business corridor, the airport, MATC, and many parks and playgrounds! Features updated appliances (microwave 2022, dishwasher 2022, washer/dryer 2022), freshly painted bedrooms, and new ceiling fans and pantry storage.

    David Pausch Weichert, Realtors- Lakepoint

    Section Image
  • 6402 Milwaukee St Unit 206, Madison, WI 53718

    $190,000

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft
    • 6402 Milwaukee St
    • Unit 206
    • Madison, WI

    Modern, bright & cheery condo w/lots of natural light! Clean, fresh & move-in ready w/new paint & luxury vinyl flooring throughout! You'll feel right at home! Enjoy Wisconsin summers on your balcony! Nice kitchen includes all appliances! Huge open living room & dinette for larger gatherings! Wonderful home office or den! Private in-unit laundry w/newer washer & dryer. Condo includes a parking

    Deena Cortright Restaino & Associates

    Section Image
  • 6402 Milwaukee St Unit 107, Madison, WI 53718

    $200,000

    • 1 Bed
    • 1 Bath
    • 850 Sq Ft
    • 6402 Milwaukee St
    • Unit 107
    • Madison, WI

    Motivated Seller:Beautifully updated condo in East Madison’s desirable Town Center community, close to parks, bike paths, walking trails, restaurants, grocery & the interstate. Open-concept unit offers great flow for everyday living & entertaining. Updates include: remodeled pantry, custom closet shelving, painted bathroom cabinets, new quartz bathroom countertop & fresh paint throughout. HVAC/AC

    Deanna Prochaska EXP Realty, LLC

    Section Image

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 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

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1994653

South Central Wisconsin Multiple Listing Service

APN: 0810-281-1962-7