NOT LISTED FOR SALE

2432 Independence Ln Unit 204 Madison, WI 53704

Greater Sandburg Neighborhood

Estimated Value: $121,000 - $126,796

1 Bed
1 Bath
675 Sq Ft
$220/mo HOA Fee

Last Sold December 27, 2024

Last sale price $122,500 $181 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,034/month

29 Days on Market

Highlights

  • Fitness Center
  • Deck
  • Community Pool
  • Clubhouse
  • Sauna
  • Bathtub

About This Home

As of December 2024

This one has it all! Prime location near East Town Mall. This well maintained building has low condo fees and is pet friendly. You will have full access to the fitness center, sauna, and seasonal outdoor pool. Condo fee includes heat, hot water, water/sewer, snow removal, common area maintenance, and community garden area. Public park/playground is located directly behind the unit. Home Warranty Included! Note: Garage space many be available in a separate purchase. Call listing Agent Mary Alonso eXp Realty LLC at 608-436-2231

Last Agent to Sell the Property

MARY ALONSO

EXP Realty, LLC Brokerage Phone: 608-436-2231 License #68177-94 Listed on: 10/29/2024

EXP Realty, LLC

Last Buyer's Agent

Mari Slobounov

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,886

Year Built

  • Built in 1974

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 675 Sq Ft Home
  • Storage Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 081028121797

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Security

  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,886

Year Built

Built in 1974

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, Conversion
  • Items Excluded: Tenants Personal Property
  • Items Included: Range/Oven, Refrigerator, Dishwasher, Window AC
  • Fee Includes: Parking, Heat, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Stonebridge Condominiums
  • Year Built: 1974
  • Above Grade Price Per Sq Ft: 185.19
  • Above Grade Sold Price Per Sq Ft: 181.48
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 675
  • Finished Above Grade Sq Ft: 675
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 11X13, On Level: M
  • Kitchen: Dimensions: 8X9, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 12X26, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Interior Amenities: Washer, Dryer, Storage Unit Inc, At Least 1 tub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl, Brick, Stone
  • Exterior Features: Deck/Balcony

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Clubhouse, Exercise room, Sauna, Shared Laundry Facilities, Security system, Close to busline, Outdoor Pool
  • Condo Fee Month: 220
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 279
  • Units in Association: 279
  • 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: 11800
  • Improvements: 104800
  • Total Assessment: 116800
  • Assessment year: 2024
  • Net Taxes: 1886
  • Tax Year: 2023
  • Assessor Parcel Number: 081028121797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
Dec 27, 2024
Sold by
Dombrowski Sarah
Bought by
Adekola Nicole
Seller's Agent
MARY ALONSO
EXP Realty, LLC
Buyer's Agent
Mari Slobounov
Keller Williams Realty
List Price
$125,000
Sold Price
$122,500
Premium/Discount to List
-$2,500
-2%
Views
89
Current Estimated Value
$123,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,432
Avg. Annual Appreciation
0.27%
Original Mortgage
$110,250
Outstanding Balance
$109,965
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$12,692

Purchase Details

Listed on
Oct 29, 2024
Closed on
Dec 10, 2024
Sold by
Independence 2432 Llc
Bought by
Dombrowski Sarah
Seller's Agent
MARY ALONSO
EXP Realty, LLC
Buyer's Agent
Mari Slobounov
Keller Williams Realty
List Price
$125,000
Sold Price
$122,500
Premium/Discount to List
-$2,500
-2%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Outstanding Balance
$109,965
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$12,692

Purchase Details

Closed on
Jun 17, 2021
Sold by
Dombrowski Sarah
Bought by
Independence 2430 Llc

Purchase Details

Listed on
Mar 11, 2014
Closed on
Jun 2, 2014
Sold by
Stonebridge Equities Llc
Bought by
Dombrowski Sarah
Seller's Agent
Ryan Blum
South Central Non-Member
Buyer's Agent
Tommy Van Ess
First Weber Inc
List Price
$56,900
Sold Price
$52,000
Premium/Discount to List
-$4,900
-8.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Source: Public Records

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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
Adekola Nicole -- None Listed On Document
Adekola Nicole -- None Listed On Document
Dombrowski Sarah -- None Listed On Document
Dombrowski Sarah -- None Listed On Document
Independence 2430 Llc -- None Available
Dombrowski Sarah $52,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adekola Nicole $110,250
Closed Adekola Nicole $110,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $122,500 -2.0% $181 / Sq Ft
10/29/2024 10/29/24 For Sale $125,000 +140.4% $185 / Sq Ft
06/02/2014 06/02/14 Sold $52,000 -8.6% $77 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $56,900 -- $84 / 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 $3,961 $116,600 $11,800 $104,800
2023 $1,886 $108,000 $10,900 $97,100
2021 $1,852 $90,100 $10,000 $80,100
2020 $1,779 $82,700 $9,200 $73,500
2019 $1,681 $78,000 $8,700 $69,300
2018 $1,611 $75,000 $8,700 $66,300
2017 $1,538 $69,300 $7,600 $61,700
2016 $1,533 $67,300 $7,400 $59,900
2015 $1,365 $45,400 $7,400 $38,000
2014 $1,022 $45,400 $7,400 $38,000
2013 $1,028 $50,400 $7,400 $43,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1988643

South Central Wisconsin Multiple Listing Service

APN: 0810-281-2179-7