NOT LISTED FOR SALE

2529 Commercial Ave Unit 1 Madison, WI 53704

Eken Park Neighborhood

Estimated Value: $367,000 - $497,854

5 Beds
2 Baths
2,058 Sq Ft
$212/Sq Ft Est. Value

Sale Details

Date Sold: July 30, 2021

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

Est. 71% increase in value since last sale

Current estimated payment $3,006 / mo

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$436,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,964
Avg. Annual Appreciation
11.18%
Original Mortgage
$431,966
Outstanding Balance
$384,904
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$52,060

Purchase Details

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Eken Park, WI

  • Bart Baker Real Estate Agent - First Weber, Inc

    Bart Baker

    First Weber, Inc

    (608) 292-3953

    136 Total Sales

    1 in Eken Park

    $225,000 Price

    Bart Baker
     Section Image
  • Devery Cash Real Estate Agent - Keller Williams Realty

    Devery Cash

    Keller Williams Realty

    (608) 292-3846

    79 Total Sales

    1 in Eken Park

    $315,000 Price

    Devery Cash
     Section Image
  • Rena Ripp Real Estate Agent - EXP Realty, LLC

    Rena Ripp

    EXP Realty, LLC

    (608) 292-2468

    136 Total Sales

    1 in Eken Park

    $456,000 Price

    Rena Ripp
     Section Image
  • Jon Vanden Brook Real Estate Agent - First Weber Inc

    Jon Vanden Brook

    First Weber Inc

    (608) 292-3462

    59 Total Sales

    1 in Eken Park

    $275,000 Price

    Jon Vanden Brook
     Section Image
  • Jean Armendariz-Kerr Real Estate Agent - Mode Realty Network

    Jean Armendariz-Kerr

    Mode Realty Network

    (608) 292-5201

    105 Total Sales

    2 in Eken Park

    $250K - $288K Price Range

    Jean Armendariz-Kerr
     Section Image
  • Matt Deadman Real Estate Agent - Real Broker LLC

    Matt Deadman

    Real Broker LLC

    (608) 292-3702

    181 Total Sales

    1 in Eken Park

    $345,000 Price

    Matt Deadman
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$255,000 None Available
Silvan Management Llc -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $33,904
Open Venus Timothy D $431,966
Previous Owner Artus John L $129,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,287 $395,500 $96,100 $299,400
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

  • Kraig Knaack Real Estate Agent - Knaack Realty LLC

    Seller's Agent in 2021

    Kraig Knaack

    Knaack Realty LLC

    (920) 716-1556

    49 Total Sales

    Kraig Knaack
    Section Image
  • Michael Leeson Real Estate Agent - Realty Executives

    Buyer's Agent in 2021

    Michael Leeson

    Realty Executives

    (608) 843-3203

    2 in this area

    198 Total Sales

    Michael Leeson
    Section Image
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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

Wisconsin Dane County Madison 53704 Eken Park

2529 Commercial Ave Unit 1, Madison, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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