NOT LISTED FOR SALE

2525 E Dayton St Unit 1 Madison, WI 53704

Emerson East Neighborhood

Estimated Value: $423,000 - $450,758

3 Beds
2 Baths
1,714 Sq Ft
$254/Sq Ft Est. Value

Last Sold February 04, 2021

Last sale price $300,000 $175 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,280/month

Highlights

  • Den
  • Dining Room
  • Laundry Facilities
  • Water Softener is Owned
  • Family Room

About This Home

As of February 2021

This two unit rental property is wonderfully located near Demetral Field and central to other great city parks, Willy St, and a short bike trip/bus ride to the Square. It’s a great opportunity to start your own rental property portfolio. Well maintained, spacious first floor one bedroom unit with great hardwood floors. Second floor unit offers two bedrooms, hardwood floors and a porch. Easy to rent. Nice backyard where tenants can garden their own vegetables or enjoy a BBQ. Shared laundry unit in the basement. Off-street parking available. Visit www.TheAlvaradoGroup.com for more info & to set up a private showing; 608-438.6757.

Last Agent to Sell the Property

Carlos Alvarado

Compass Real Estate Wisconsin License #55155-90 Listed on: 07/08/2020

Compass Real Estate Wisconsin

Last Buyer's Agent

Jo Ferraro

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,356

Year Built

  • Built in 1927

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

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

Parking

  • 2 Covered Spaces
  • Outside Parking

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 071006115060

Community Details

Overview

  • 2 Units
  • Farwells Additon Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,356

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Items Excluded: seller and tenant personal propery
  • Items Included: 2 refrigerators, 2 range/ovens, 1 disposal, water softener, washer, dryer
  • Miscellaneous: Shared laundry, Water Softener Owned
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially finished
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Aluminum/Steel

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached, Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • School District: Madison
  • Elementary School: Emerson
  • Middle School: Sherman
  • High School: East
  • 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: 25500

Tax Info

  • Land Assessment: 63800
  • Improvements: 231200
  • Total Assessment: 295000
  • Assessment year: 2020
  • Net Taxes: 6356
  • Tax Year: 2019
  • Assessor Parcel Number: 071006115060

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Feb 4, 2021
Sold by
Remsik James R and Remsik Jenifer L
Bought by
Potter David and Potter Mandy
Seller's Agent
Carlos Alvarado
Compass Real Estate Wisconsin
Buyer's Agent
Jo Ferraro
EXP Realty, LLC
List Price
$355,000
Sold Price
$300,000
Premium/Discount to List
-$55,000
-15.49%
Current Estimated Value
$435,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,190
Avg. Annual Appreciation
8.18%
Original Mortgage
$225,000
Outstanding Balance
$200,888
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$234,302

Purchase Details

Listed on
Mar 5, 2018
Closed on
Apr 13, 2018
Sold by
L & K Weber Group Llc
Bought by
Remsik James R and Remsik Jeniffer L
Seller's Agent
James Stopple
Madison Property Management, Inc.
Buyer's Agent
Brett Larson
Lauer Realty Group, Inc.
List Price
$289,000
Sold Price
$299,000
Premium/Discount to List
$10,000
3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.12%
Original Mortgage
$224,250
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

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

Range of Values:

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Average Value
Not Available
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
Potter David $300,000 None Available
Remsik James R $299,000 None Available
L & K Weber Group Llc -- None Available
Weber Luke -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter David $225,000
Previous Owner Remsik James R $224,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2021 02/04/21 Sold $300,000 0.0% $175 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/17/2020 11/17/20 Off Market $300,000 -- --
10/03/2020 10/03/20 Price Changed $325,000 -4.4% $190 / Sq Ft
08/09/2020 08/09/20 Price Changed $339,900 -4.3% $198 / Sq Ft
07/10/2020 07/10/20 For Sale $355,000 +18.3% $207 / Sq Ft
07/10/2020 07/10/20 Off Market $300,000 -- --
07/08/2020 07/08/20 For Sale $355,000 +18.7% $207 / Sq Ft
04/13/2018 04/13/18 Sold $299,000 +3.5% $174 / Sq Ft View Prior Sale
03/08/2018 03/08/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $289,000 -- $169 / 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 $12,024 $359,500 $91,600 $267,900
2023 $5,725 $336,000 $85,600 $250,400
2021 $6,461 $318,600 $68,900 $249,700
2020 $6,355 $295,000 $63,800 $231,200
2019 $6,357 $295,000 $63,800 $231,200
2018 $5,409 $252,000 $63,800 $188,200
2017 $5,128 $229,100 $58,000 $171,100
2016 $5,002 $212,100 $58,000 $154,100
2015 $4,686 $196,100 $52,100 $144,000
2014 $4,542 $196,100 $52,100 $144,000
2013 $4,392 $190,400 $50,600 $139,800
Source: Public Records

Agents Affiliated with this Home

  • Carlos Alvarado

    Seller's Agent in 2021

    Carlos Alvarado

    Compass Real Estate Wisconsin

    (608) 438-6757

    3 in this area

    155 Total Sales

    Carlos Alvarado
    Section Image
  • Jo Ferraro

    Buyer's Agent in 2021

    Jo Ferraro

    EXP Realty, LLC

    (608) 445-2287

    4 in this area

    1,013 Total Sales

    Jo Ferraro
    Section Image
  • 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
  • Brett Larson

    Buyer's Agent in 2018

    Brett Larson

    Lauer Realty Group, Inc.

    (608) 575-4123

    67 Total Sales

    Brett Larson
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1888005

South Central Wisconsin Multiple Listing Service

APN: 0710-061-1506-0

Wisconsin Dane County Madison 53704 Emerson East

2525 E Dayton St Unit 1, Madison, WI

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