NOT LISTED FOR SALE

2422 Independence Ln Unit 3 Madison, WI 53704

Greater Sandburg Neighborhood

Estimated Value: $183,385

2 Beds
1 Bath
960 Sq Ft
14 Acre Lot

Sale Details

Date Sold: July 31, 2015

Last sale price $71,500 $74 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,436 / mo

135 Days on Market

Highlights

  • Bathtub
  • Patio
  • Wood Siding
  • Intercom
  • On-Site Manager or Management
  • Garden Home

About This Home

As of July 2015

Here's your chance to own for less than rent! Come check out this ground level 2 bedroom 1 bath condo in Stonebridge! New carpet, fresh paint & updated kitchen invite you to stay a while! Close to bus-line, shopping, entertainment and a quick commute to downtown or up to Sun Prairie and more! This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

James Kilbane

Century 21 Affiliated License #60417-94 Listed on: 02/04/2015

Century 21 Affiliated

Last Buyer's Agent

Eric Reusch

Bunbury & Assoc, REALTORS License #17146-90

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • 14

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • 960 Sq Ft Home
  • Garden Home
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Schools

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

Additional Features

  • Laundry on main level
  • Patio
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 0810-281-1978-4

Community Details

Overview

  • Association fees include parking, hot water, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 20 Units
  • Located in the Stonebridge Condominiums master-planned community

Security

  • On-Site Manager or Management

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

14 Acres

HOA Fees

$175 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Included: Window/Wall AC
  • Fee Includes: Parking, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Stonebridge Condominiums
  • Year Built: 1974
  • Above Grade Sold Price Per Sq Ft: 74.48
  • Special Features: 20
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 960
  • Finished Above Grade Sq Ft: 960
  • 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: 12x10, On Level: M
  • Living Room: Dimensions: 17x12, On Level: M
  • Dining Room: Dimensions: 7x8, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Interior Amenities: Intercom, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Condo Fee Month: 175
  • Condo Management: Professional onsite
  • Units in Association: 154
  • Units In Building: 20

Schools

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

Lot Info

  • Zoning: SR-V2
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 1835
  • Tax Year: 2013
  • Assessor Parcel Number: 0810-281-1978-4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2018
Sold by
Villegas Jose D and Leny Jennifers S
Bought by
Current Estimated Value
$183,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Outstanding Balance
$98,090
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$85,295

Purchase Details

Listed on
Feb 4, 2015
Closed on
Jul 13, 2015
Sold by
Fannie Mae
Bought by
Villegas Jose and Leny Jennifer
Seller's Agent
James Kilbane
Century 21 Affiliated
Buyer's Agent
Eric Reusch
Bunbury & Assoc, REALTORS
List Price
$74,900
Sold Price
$71,500
Premium/Discount to List
-$3,400
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$53,625
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2014
Sold by
Barnes Nitoya
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 25, 2007
Sold by
Stonebridge Equities Llc
Bought by
Barnes Nitoya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.2%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Greater Sandburg, WI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Villegas Jose -- Attorney
Federal National Mortgage Association -- None Available
Barnes Nitoya $95,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $117,000
Previous Owner Villegas Jose $53,625
Previous Owner Barnes Nitoya $95,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2015 07/31/15 Sold $71,500 -4.5% $74 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $74,900 -- $78 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,709 $150,100 $13,700 $136,400
2023 $2,264 $128,700 $12,700 $116,000
2022 $5,046 $131,600 $11,700 $119,900
2021 $2,486 $119,600 $11,700 $107,900
2020 $2,386 $109,700 $10,700 $99,000
2019 $2,256 $103,500 $10,100 $93,400
2018 $2,163 $99,500 $10,100 $89,400
2017 $1,855 $82,900 $8,800 $74,100
2016 $1,850 $80,500 $8,500 $72,000
2015 $1,646 $69,100 $8,500 $60,600
2014 $1,596 $69,100 $8,500 $60,600
2013 $2,004 $76,800 $8,500 $68,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1736139

South Central Wisconsin Multiple Listing Service

APN: 0810-281-1978-4

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