NOT LISTED FOR SALE

2529 Commercial Ave Unit 1 Madison, WI 53704

Eken Park Neighborhood

Estimated Value: $371,000 - $428,892

5 Beds
2 Baths
2,058 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $255,000 $124 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,471/month

21 Days on Market

Highlights

  • Wood Flooring
  • Level Entry For Accessibility
  • Dining Room
  • Detached Garage
  • Property is near bus stop
  • 4-minute walk to Eken Park

About This Home

As of July 2021

This is a great opportunity for an owner occupant or an investment income property. Professionally managed, this property has 2 one car garages and a nice sized yard. The first floor also has hard wood floors and is a 2 bedroom. The upstairs is a spacious 3-bedroom apartment with their own stacked washer and dryer in the unit. Leases through July 2021.

Last Agent to Sell the Property

Kraig Knaack

Knaack Realty LLC License #58235-90 Listed on: 02/25/2021

Last Buyer's Agent

Michael Leeson

Realty Executives Cooper Spransy License #91895-94

Realty Executives Cooper Spransy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,006

Year Built

  • Built in 1932

Lot Details

  • 5,227

Parking

  • Detached Garage

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Schools

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

Additional Features

  • Level Entry For Accessibility
  • 5,227 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 071006106051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,006

Year Built

Built in 1932

Lot Details

5,227 Sq Ft Lot

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: Ramped or level entrance
  • Items Excluded: Seller's personal items, tenant's personal items.
  • Miscellaneous: Close to bus line
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 2
  • Number Washers: 2
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

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

Utilities

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

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: 25800

Tax Info

  • Net Taxes: 5006
  • Tax Year: 2020
  • Assessor Parcel Number: 071006106051

Multi Family

  • Number Of2 Bedrooms: 1
  • Number Of3 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Jul 30, 2021
Sold by
Silvan Management Llc
Bought by
Venus Timothy D and Venus Emily M
Seller's Agent
Kraig Knaack
Knaack Realty LLC
Buyer's Agent
Michael Leeson
Realty Executives Cooper Spransy
List Price
$315,000
Sold Price
$255,000
Premium/Discount to List
-$60,000
-19.05%
Current Estimated Value
$402,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,723
Avg. Annual Appreciation
10.57%
Original Mortgage
$431,966
Outstanding Balance
$393,377
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$9,346

Purchase Details

Closed on
Oct 5, 2012
Sold by
Artus John
Bought by
Silvan Management Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Venus Timothy D $255,000 None Available
Silvan Management Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venus Timothy D $431,966
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $255,000 -19.0% $124 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $315,000 -- $153 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $12,561 $359,500 $96,100 $263,400
2023 $6,053 $336,000 $89,800 $246,200
2022 $12,325 $300,000 $79,500 $220,500
2021 $5,169 $244,400 $69,700 $174,700
2020 $6,022 $226,300 $64,500 $161,800
2019 $5,171 $215,500 $61,400 $154,100
2018 $4,827 $211,300 $61,400 $149,900
2017 $4,519 $188,700 $57,400 $131,300
2016 $4,782 $188,700 $57,400 $131,300
2015 $4,273 $174,500 $50,600 $123,900
2014 $4,150 $174,500 $50,600 $123,900
2013 $4,063 $169,400 $50,600 $118,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1902862

South Central Wisconsin Multiple Listing Service

APN: 0710-061-0605-1

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