NOT LISTED FOR SALE

2521 E Johnson St Madison, WI 53704

Emerson East Neighborhood

Estimated Value: $429,000 - $479,959

4 Beds
2 Baths
2,196 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $250,000 $114 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,872/month

4 Days on Market

Highlights

  • Open Floorplan
  • Den
  • Detached Garage
  • Main Floor Bedroom
  • Balcony
  • Fireplace

About This Home

As of October 2017

Fantastic opportunity to own this two flat with beautiful wood floors and unpainted wood trim and crown moldings. One family has owned this home for over 50 years and the pride of ownership shows. Each unit has two bedrooms, dining room, and a sun room. The upstairs unit also has a deck overlooking the back yard. There is a two car garage and space for additional parking as well. The basement space can be shared and provides laundry and storage space. You could use the basement for first floor only and there is potential for a 15 x 20 rec room that would just need new flooring.

Last Agent to Sell the Property

Eric Castleberg

EXP Realty, LLC License #42350-94 Listed on: 08/25/2017

EXP Realty, LLC

Last Buyer's Agent

Kyle Humphrey

First Weber, Inc License #58621-90

First Weber, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,552

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Family Room
  • Dining Room
  • Den
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Oven or Range
  • Washer and Dryer

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Balcony
  • Property is near bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-061-1410-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,552

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Level drive, Level lot, Low pile or no carpeting
  • Items Included: 2 stoves; 2 refrigerators; water softener; washer; dryer; freezer in basement
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished, Poured concrete foundatn
  • Number Dryers: 1
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, Detached, Opener inc
  • Utilities: Separate elec meters, Separate gas meters

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: 26400

Tax Info

  • Net Taxes: 4552
  • Tax Year: 2016
  • Assessor Parcel Number: 0710-061-1410-3

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2017
Closed on
Oct 6, 2017
Sold by
Bongiovani Nick P
Bought by
Humphrey Kyle
Seller's Agent
Eric Castleberg
EXP Realty, LLC
Buyer's Agent
Kyle Humphrey
First Weber, Inc
List Price
$225,000
Sold Price
$250,000
Premium/Discount to List
$25,000
11.11%
Current Estimated Value
$461,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,235
Avg. Annual Appreciation
7.73%
Original Mortgage
$212,500
Outstanding Balance
$177,687
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$285,053

Purchase Details

Closed on
Mar 17, 2016
Sold by
Bongiovani Nick P and Josephine Bongiovani Revocable
Bought by
Bongiovani Sam J

Purchase Details

Closed on
Mar 10, 2005
Sold by
Bonglovani Josephine
Bought by
Josephine Bonglovani Revocable Living Tr
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 Buyer Sale Price Title Company
Humphrey Kyle $250,000 --
Bongiovani Sam J -- Attorney
Josephine Bonglovani Revocable Living Tr -- None Available
Josephine Bongiovani Revocable Living Tr -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Humphrey Kyle $212,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2017 10/06/17 Sold $250,000 +11.1% $114 / Sq Ft
08/25/2017 08/25/17 For Sale $225,000 -- $102 / 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
2023 $6,843 $379,200 $83,300 $295,900
2022 $13,249 $338,600 $76,400 $262,200
2021 $6,299 $297,000 $67,000 $230,000
2020 $6,100 $275,000 $62,000 $213,000
2019 $6,124 $275,000 $62,000 $213,000
2018 $5,552 $250,000 $62,000 $188,000
2017 $4,810 $215,500 $56,400 $159,100
2016 $4,552 $199,500 $56,400 $143,100
2015 $4,395 $184,500 $50,700 $133,800
2014 $4,261 $184,500 $50,700 $133,800
2013 $4,122 $179,100 $49,200 $129,900
Source: Public Records

Agents Affiliated with this Home

  • Eric Castleberg

    Seller's Agent in 2017

    Eric Castleberg

    EXP Realty, LLC

    (608) 443-4834

    96 Total Sales

    Eric Castleberg
    Section Image

  • K

    Buyer's Agent in 2017

    Kyle Humphrey

    First Weber, Inc

    (608) 843-4017

    10 Total Sales

    Kyle Humphrey
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1812925

South Central Wisconsin Multiple Listing Service

APN: 0710-061-1410-3

Wisconsin Dane County Madison 53704 Emerson East

2521 E Johnson St, Madison, WI

Not Listed for Sale

MultiFamily

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