NOT LISTED FOR SALE

2430 Center Ave Unit 1 Madison, WI 53704

Atwood Neighborhood

Estimated Value: $540,000 - $660,000

5 Beds
2 Baths
2,368 Sq Ft
$261/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $506,500 $214 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,850/month

41 Days on Market

Highlights

  • Bonus Room
  • Forced Air Heating System
  • Family Room
  • Property is near a bus stop
  • Dining Room
  • 3-minute walk to Elmside Circle Park

About This Home

As of May 2024

Stunning Investment Opportunity in Madison located in the desirable Atwood neighborhood of Madison, WI. This incredible 2-flat property is now available for sale, offering a fantastic investment opportunity. Unit #1 is a charming 1-bedroom, 1-bath apartment spanning 986 sqft & is currently leased out at $1,450/mo. Unit #2 is a spacious 4-bedroom, 1-bath apartment boasting 1,382 sqft & is leased out at $2,055/mo. Both units are leased until 7/31/2024. Located near the vibrant intersection of Hudson Ave and Center Ave, this property enjoys an unbeatable location with just a short walk away you'll find the serene Lake Monona and a wide array of local restaurants offering delicious cuisines.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 11/07/2023

Co-Listed By

Tony Xiong

Madison Property Management, Inc. License #69875-94

Last Buyer's Agent

Tamara McDougal

Lauer Realty Group, Inc. License #49659-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,902

Year Built

  • Built in 1908

Lot Details

  • 4,792

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Bonus Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Parking

  • 2 Open Parking Spaces
  • On-Street Parking

Schools

  • Lowell Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Forced Air Heating System
  • High Speed Internet

Additional Features

  • 4,792 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-053-3817-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,902

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story, 2 flat-up and down
  • Items Excluded: tenant/sellers personal property
  • Items Included: 2 stoves, 2 refrigerators, furnace, water heater, washer/dryer.
  • Miscellaneous: Shared laundry, Close to bus line, Internet - Cable
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer

Schools

  • Elementary School: Lowell
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.11
  • Zoning: TR-V1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 42060

Tax Info

  • Net Taxes: 8902
  • Tax Year: 2022
  • Assessor Parcel Number: 0710-053-3817-6

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
May 3, 2024
Sold by
Wasserman Bonnie S
Bought by
Kannapell Claire Hollis
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Tamara McDougal
Lauer Realty Group, Inc.
List Price
$547,900
Sold Price
$506,500
Premium/Discount to List
-$41,400
-7.56%
Views
136
Current Estimated Value
$617,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,005
Avg. Annual Appreciation
14.33%
Original Mortgage
$455,850
Outstanding Balance
$449,446
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$168,059
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Kannapell Claire Hollis $506,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kannapell Claire Hollis $455,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $506,500 -7.6% $214 / Sq Ft
11/07/2023 11/07/23 For Sale $547,900 -- $231 / 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 $18,910 $538,800 $132,900 $405,900
2023 $8,865 $489,800 $132,900 $356,900
2021 $8,542 $401,300 $111,900 $289,400
2020 $8,270 $371,600 $106,600 $265,000
2019 $7,904 $353,900 $96,900 $257,000
2018 $7,512 $337,000 $84,300 $252,700
2017 $7,512 $325,400 $80,300 $245,100
2016 $7,349 $309,900 $75,800 $234,100
2015 $7,067 $286,500 $65,000 $221,500
2014 $6,863 $286,500 $65,000 $221,500
2013 $6,270 $275,500 $61,300 $214,200
Source: Public Records

Agents Affiliated with this Home

  • James Stopple

    Seller's Agent in 2024

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    4 in this area

    91 Total Sales

    James Stopple
    Section Image
  • Tony Xiong

    Seller Co-Listing Agent in 2024

    Tony Xiong

    Madison Property Management, Inc.

    (608) 347-7842

    2 in this area

    65 Total Sales

    Tony Xiong
    Section Image
  • Tamara McDougal

    Buyer's Agent in 2024

    Tamara McDougal

    Lauer Realty Group, Inc.

    (608) 225-1797

    5 in this area

    171 Total Sales

    Tamara McDougal
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1967021

South Central Wisconsin Multiple Listing Service

APN: 0710-053-3817-6

Wisconsin Dane County Madison 53704 Atwood

2430 Center Ave Unit 1, Madison, WI

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