$149,414
SOLD MAY 9, 2025

2424 Independence Ln Unit 2 Madison, WI 53704

Greater Sandburg Neighborhood
1 Bed
1 Bath
675 Sq Ft
$231/mo HOA Fee

Recently Sold

$221 Per Sq Ft

3% Above List Price

117 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Main Floor Bedroom
  • Open Floorplan
  • Wood Flooring
  • Sauna

About This Home

As of May 2025

Ground level/First floor 1 bedroom, 1 bath condo in Stonebridge with walk-out to patio overlooking pool & clubhouse! Kitchen features cherry cabinets & stainless steel appliances. Bright living room w/sliding glass door to private patio. Dining area w/breakfast bar. New LVP flooring. Rare, in-unit Washer/Dryer for extra convenience. Condo fee includes heat, water & hot water for a consistant budget. Amenities include pool, sauna, fitness center & clubhouse. Includes a 1 car garage with opener! Convenient East side location close to shopping, restaurants, interstate & more!

Last Agent to Sell the Property

Randy Tews

Restaino & Associates Brokerage Phone: 608-444-1817 License #56883-90 Listed on: 12/24/2024

Restaino & Associates

Last Buyer's Agent

Marine Yoo

Real Broker LLC

Real Broker LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1974

HOA Fees

  • $231 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 675 Sq Ft Home
  • Open Floorplan
  • Wood Flooring
  • Intercom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0810-281-1977-6

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
  • 16 Units
  • Located in the Stonebridge Condo master-planned community
  • The community has rules related to parking rules
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Whirlpool Spa

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,558

Year Built

Built in 1974

Lot Details

0

HOA Fees

$231 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Excluded: Personal property, Staging items.
  • Items Included: Range/Oven, Refrigerator, Microwave, Wall A/C Unit, Washer, Dryer, Detached Garage #7
  • 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 Condo
  • Year Built: 1974
  • Above Grade Sold Price Per Sq Ft: 221.35
  • Reso Accessibility Features: Open floor plan, First floor bedroom
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 675
  • Finished Above Grade Sq Ft: 675
  • Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 12x11, On Level: M
  • Kitchen: Dimensions: 8x7, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Microwave, Disposal
  • Living Room: Dimensions: 17x12, On Level: M
  • Dining Area: Dimensions: 7x10, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, Intercom, Cable/Satellite Available, Internet - DSL, Internet -Fiber Available
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full

Exterior Features

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

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant, Wall AC
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 car Garage, Detached, Parking fee, Opener inc

Condo/Co-op/Association

  • Common Amenities: Clubhouse, Common Green Space, Exercise room, Sauna, Whirlpool, Close to busline, Outdoor Pool
  • Condo Fee Month: 231
  • 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: SR-V2
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 1558
  • Tax Year: 2023
  • Assessor Parcel Number: 0810-281-1977-6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2024
Closed on
May 9, 2025
Sold by
Sachs Chaim David
Bought by
Marthaler Luke W and Marthaler Benjamin P
Seller's Agent
Randy Tews
Restaino & Associates
Buyer's Agent
Marine Yoo
Real Broker LLC
List Price
$145,000
Sold Price
$149,414
Premium/Discount to List
$4,414
3.04%
Views
298
Current Estimated Value
$144,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,551
Avg. Annual Appreciation
-4.87%
Original Mortgage
$134,473
Outstanding Balance
$133,755
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$11,108

Purchase Details

Listed on
Jul 28, 2023
Closed on
Aug 28, 2023
Sold by
Koenig Paul
Bought by
Sachs Chaim David
Seller's Agent
Jonathan Horsfall
Berkshire Hathaway HomeServices True Realty
Buyer's Agent
Jackie Brown
Real Broker LLC
List Price
$125,000
Sold Price
$127,613
Premium/Discount to List
$2,613
2.09%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$127,613
Interest Rate
6.78%
Mortgage Type
VA

Purchase Details

Listed on
Apr 25, 2014
Closed on
Aug 15, 2014
Sold by
Cascio Christina
Bought by
Koenig Paul
Seller's Agent
Matt Kornstedt
Stark Company, REALTORS
Buyer's Agent
Becky Ring
South Central Non-Member
List Price
$64,900
Sold Price
$62,000
Premium/Discount to List
-$2,900
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$63,333
Interest Rate
4.14%
Mortgage Type
VA

Purchase Details

Closed on
May 29, 2009
Sold by
Stonebridge Equities Llc
Bought by
Cascio Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,542
Interest Rate
4.85%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $149,500 Essential Title Services Llc
Deed $127,700 Wisconsin Title
Condominium Deed $62,000 Access Title Co
Condominium Deed $74,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $134,473 New Conventional
Previous Owner $127,613 VA
Previous Owner $63,333 VA
Previous Owner $73,542 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2025 05/09/25 Sold $149,414 +3.4% $221 / Sq Ft
04/20/2025 04/20/25 Pending -- -- --
01/22/2025 01/22/25 Price Changed $144,500 -0.3% $214 / Sq Ft
12/24/2024 12/24/24 For Sale $145,000 +13.6% $215 / Sq Ft
09/01/2023 09/01/23 Sold $127,613 +2.1% $189 / Sq Ft View Prior Sale
08/04/2023 08/04/23 For Sale $125,000 -2.0% $185 / Sq Ft
07/28/2023 07/28/23 Off Market $127,613 -- --
08/15/2014 08/15/14 Sold $62,000 -4.5% $92 / Sq Ft View Prior Sale
06/07/2014 06/07/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $64,900 -- $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 $3,459 $117,600 $11,800 $105,800
2023 $1,558 $108,000 $10,900 $97,100
2021 $1,548 $90,100 $10,000 $80,100
2020 $1,585 $82,700 $9,200 $73,500
2019 $1,462 $78,000 $8,700 $69,300
2018 $1,423 $75,000 $8,700 $66,300
2017 $1,304 $65,200 $7,600 $57,600
2016 $1,287 $63,300 $7,400 $55,900
2015 $1,151 $53,400 $7,400 $46,000
2014 $1,085 $53,400 $7,400 $46,000
2013 $1,532 $59,300 $7,400 $51,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1990958

South Central Wisconsin Multiple Listing Service

APN: 0810-281-1977-6