NOT LISTED FOR SALE

2512 E Dayton St Madison, WI 53704

Emerson East Neighborhood

Estimated Value: $453,000 - $514,710

3 Beds
3 Baths
1,964 Sq Ft
$242/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $278,500 $142 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,963/month

Highlights

  • Eat-In Kitchen
  • Family Room
  • Laundry Facilities

About This Home

As of April 2018

2 flat located just off E Washington Ave. and North St. less than 3 miles from downtown Madison. There are 3 apartment units total with 1 bedroom & 1 bath in each unit. There also is a detached 2 car garage and full basement. Fully leased with an annual income of $32,400 annually.

Last Agent to Sell the Property

James Stopple

Madison Property Management, Inc. License #12003-90 Listed on: 03/04/2018

Last Buyer's Agent

Jon Meister

Starritt-Meister Realty, LLC License #51044-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,025

Year Built

  • Built in 1928

Lot Details

  • 5,227

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 2 Covered Spaces
  • Outside Parking

Schools

  • Emerson Elementary School
  • Sherman Middle School
  • East High School

Additional Features

  • 5,227 Sq Ft Lot
  • Radiant Heating System

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-061-1422-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,025

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Miscellaneous: Shared laundry
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Inside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached, Outside

Schools

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

Lot Info

  • Estimated Aces: 0.12
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 32400

Tax Info

  • Net Taxes: 5025
  • Tax Year: 2017
  • Assessor Parcel Number: 0710-061-1422-8

Multi Family

  • Number Of1 Bedrooms: 3
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2018
Closed on
Apr 13, 2018
Sold by
L & K Weber Group Llc
Bought by
Dewey Alex Spencer
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Jon Meister
Starritt-Meister Realty, LLC
List Price
$299,000
Sold Price
$278,500
Premium/Discount to List
-$20,500
-6.86%
Current Estimated Value
$475,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,928
Avg. Annual Appreciation
7.34%
Original Mortgage
$208,875
Outstanding Balance
$179,587
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$295,841

Purchase Details

Closed on
May 5, 2015
Sold by
Weber Luke and Weber Kathryne
Bought by
L & K Weber Group Llc

Purchase Details

Closed on
May 18, 2006
Sold by
Offerdahl Lois J and Offerdahl Duane T
Bought by
Weber Randall J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.54%
Mortgage Type
Commercial
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
Dewey Alex Spencer $278,500 None Available
L & K Weber Group Llc -- None Available
Weber Luke -- None Available
Weber Randall J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dewey Alex Spencer $208,875
Previous Owner Weber Randall J $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold $278,500 -6.9% $142 / Sq Ft
03/11/2018 03/11/18 Pending -- -- --
03/04/2018 03/04/18 For Sale $299,000 -- $152 / 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 $14,572 $416,300 $56,200 $360,100
2023 $7,024 $389,100 $52,500 $336,600
2021 $6,704 $315,800 $43,800 $272,000
2020 $6,490 $292,400 $40,600 $251,800
2019 $6,203 $278,500 $38,700 $239,800
2018 $5,343 $240,700 $38,700 $202,000
2017 $5,026 $218,800 $37,200 $181,600
2016 $5,165 $218,800 $35,100 $183,700
2015 $5,220 $206,400 $31,500 $174,900
2014 $4,923 $206,400 $31,500 $174,900
2013 $4,541 $200,400 $30,600 $169,800
Source: Public Records

Agents Affiliated with this Home

  • James Stopple

    Seller's Agent in 2018

    James Stopple

    Madison Property Management, Inc.

    (608) 516-8272

    2 in this area

    91 Total Sales

    James Stopple
    Section Image
  • Jon Meister

    Buyer's Agent in 2018

    Jon Meister

    Starritt-Meister Realty, LLC

    (920) 296-3248

    163 Total Sales

    Jon Meister
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1823783

South Central Wisconsin Multiple Listing Service

APN: 0710-061-1422-8

Wisconsin Dane County Madison 53704 Emerson East

2512 E Dayton St, Madison, WI

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