NOT LISTED FOR SALE

2432 Independence Ln Unit 101 Madison, WI 53704

Greater Sandburg Neighborhood

Estimated Value: $168,000 - $374,000

2 Beds
1 Bath
987 Sq Ft
$207/mo HOA Fee

Last Sold July 21, 2021

Last sale price $136,000 $138 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,874/month

35 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • Bathtub
  • Wood Flooring
  • Community Pool
  • Breakfast Bar

About This Home

As of July 2021

Incredible opportunity to STOP RENTING and get into this affordable and updated garden style condo! All new laminate floorings, newly painted throughout, white trim repainted, stainless appliances and washer dryer!! Condo association offers an outdoor pool fitness room and sauna. Heat and hot water included in the condo fee of only $207/mo!! All this just blocks from everything in the East Towne shopping & dining areas offer!! Please have offers delivered no later than 5pm Friday 6/18 so sellers can review Friday evening. For 24 hour information or to speak to an agent, please call 800-837-1483 ext 2823

Last Agent to Sell the Property

Jo Ferraro

EXP Realty, LLC Listed on: 05/14/2021

EXP Realty, LLC

Last Buyer's Agent

Jason Fowler

Century 21 Affiliated License #57590-90

Century 21 Affiliated

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1974

Lot Details

  • 14

HOA Fees

  • $207 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Poured Concrete
  • 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

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0810-281-2168-0

Community Details

Overview

  • Association fees include heat, hot water, trash removal, snow removal, common area maintenance, common area insurance, recreation facility, reserve fund, lawn maintenance
  • 16 Units
  • Located in the Stonebridge Condominiums master-planned community
  • Property Manager
  • Greenbelt

Amenities

  • Sauna

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,559

Year Built

Built in 1974

Lot Details

0

HOA Fees

$207 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, Conversion
  • Barrier Free: First floor bedroom, First floor full bath, Low pile or no carpeting
  • Items Excluded: Seller's Personal Property
  • Items Included: Range/Oven, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Disposal
  • Fee Includes: Heat, Hot Water, Trash removal, Snow removal, Common area maintenance, Common area insurance, Recreation facility, Reserve fund, Lawn maintenance
  • Project Name: Stonebridge Condominiums
  • Year Built: 1974
  • Above Grade Price Per Sq Ft: 130.7
  • Above Grade Sold Price Per Sq Ft: 137.79
  • 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: 16x12, On Level: M
  • Bedroom 2: Dimensions: 13x10, On Level: M
  • Kitchen: Dimensions: 8x7, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 17x12, On Level: M
  • Dining Area: Dimensions: 10x10, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None, Poured concrete foundatn
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, Cable/Satellite Available, At Least 1 tub, Internet - Cable
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl, Brick
  • Exterior Features: Patio

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: Common Green Space, Exercise room, Sauna, Outdoor Pool
  • Condo Fee Month: 207
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 301
  • Units in Association: 301
  • Units In Building: 16

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: 10700
  • Improvements: 106700
  • Total Assessment: 117400
  • Assessment year: 2020
  • Net Taxes: 2559
  • Tax Year: 2020
  • Assessor Parcel Number: 0810-281-2168-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 21, 2021
Sold by
Neuhold Kyleen and Neuhold Christopher
Bought by
Olmos David
Seller's Agent
Jo Ferraro
EXP Realty, LLC
Buyer's Agent
Jason Fowler
Century 21 Affiliated
List Price
$129,000
Sold Price
$136,000
Premium/Discount to List
$7,000
5.43%
Current Estimated Value
$227,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,754
Avg. Annual Appreciation
13.18%
Original Mortgage
$122,400
Outstanding Balance
$112,584
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$112,544

Purchase Details

Listed on
Aug 22, 2011
Closed on
Jan 14, 2013
Sold by
Stonebridge Equities Llc
Bought by
Neuhold Kyleen M
Seller's Agent
Jessie Johanneck
South Central Non-Member
Buyer's Agent
Cathy Lacy
Dwellhop Real Estate, LLC
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$73,641
Interest Rate
3.75%
Mortgage Type
FHA
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
Olmos David $136,000 None Available
Neuhold Kyleen M $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olmos David $122,400
Previous Owner Neuhold Kyleen M $73,641
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold $136,000 +5.4% $138 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $129,000 -5.1% $131 / Sq Ft
05/18/2021 05/18/21 Off Market $136,000 -- --
05/14/2021 05/14/21 For Sale $129,000 +72.0% $131 / Sq Ft
01/14/2013 01/14/13 Sold $75,000 -6.1% $78 / Sq Ft
12/29/2011 12/29/11 Pending -- -- --
08/22/2011 08/22/11 For Sale $79,900 -- $83 / 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 $5,034 $146,900 $13,700 $133,200
2023 $2,398 $136,000 $12,700 $123,300
2021 $2,666 $128,000 $11,700 $116,300
2020 $2,559 $117,400 $10,700 $106,700
2019 $2,420 $110,800 $10,100 $100,700
2018 $2,321 $106,500 $10,100 $96,400
2017 $2,018 $89,900 $8,800 $81,100
2016 $2,013 $87,300 $8,500 $78,800
2015 $1,793 $75,000 $8,500 $66,500
2014 $1,739 $75,000 $8,500 $66,500
2013 $1,267 $70,000 $8,500 $61,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1909406

South Central Wisconsin Multiple Listing Service

APN: 0810-281-2168-0