NOT LISTED FOR SALE

2541 E Johnson St Unit 1 Madison, WI 53704

Emerson East Neighborhood

Estimated Value: $415,000 - $434,433

3 Beds
2 Baths
1,732 Sq Ft
$244/Sq Ft Est. Value

Last Sold December 19, 2013

Last sale price $191,870 $111 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,635/month

48 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating System
  • Wood Siding
  • Property is near bus stop
  • Laundry Facilities

About This Home

As of December 2013

Attractive 2-unit close to downtown Madison, James Madison Park and UW Campus. Spacious units w/hardwood floors, nice layouts, each unit has 1-space garage parking and the 1st-floor unit even has a sunroom! Fully leased through 08/14/14, GAI $21,300. Tenants pay heat & electricity. Shared laundry.

Last Agent to Sell the Property

Donald Dantinne

South Central Non-Member License #26438-90 Listed on: 08/22/2013

Last Buyer's Agent

Joan Chase

American, REALTORS License #44585-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,575

Year Built

  • Built in 1924

Lot Details

  • 5,227

Parking

  • Detached Garage

Home Design

  • Duplex
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Water Softener Leased

Additional Features

  • Basement Fills Entire Space Under The House
  • 5,227 Sq Ft Lot
  • Property is near bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-061-1405-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,575

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 flat-up and down
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Rented
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Wood

Garage/Parking

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

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached
  • Utilities: Separate elec 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: 21300

Tax Info

  • Net Taxes: 4575
  • Tax Year: 2012
  • Assessor Parcel Number: 0710-061-1405-4

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
Aug 22, 2013
Closed on
Dec 17, 2013
Sold by
Terretta Meredith E
Bought by
Hoey Joseph P and Gray Todd E
Seller's Agent
Donald Dantinne
South Central Non-Member
Buyer's Agent
Joan Chase
American, REALTORS
List Price
$199,000
Sold Price
$191,870
Premium/Discount to List
-$7,130
-3.58%
Current Estimated Value
$423,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,238
Avg. Annual Appreciation
6.77%
Original Mortgage
$143,900
Outstanding Balance
$39,629
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$383,479
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
Hoey Joseph P $191,870 Dane County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoey Joseph P $143,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2013 12/19/13 Sold $191,870 -3.6% $111 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $199,000 -- $115 / 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 $6,264 $347,500 $83,300 $264,200
2022 $12,128 $310,300 $76,400 $233,900
2021 $6,037 $284,800 $67,000 $217,800
2020 $5,846 $263,700 $62,000 $201,700
2019 $5,869 $263,700 $62,000 $201,700
2018 $5,320 $239,700 $62,000 $177,700
2017 $5,005 $217,900 $56,400 $161,500
2016 $4,758 $201,800 $56,400 $145,400
2015 $4,576 $192,200 $50,700 $141,500
2014 $4,579 $192,200 $50,700 $141,500
2013 $4,536 $192,200 $49,200 $143,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Donald Dantinne

    South Central Non-Member

  • J

    Buyer's Agent in 2013

    Joan Chase

    American, REALTORS

    (608) 347-8949

    1 Total Sale

    Joan Chase
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1695024

South Central Wisconsin Multiple Listing Service

APN: 0710-061-1405-4

Wisconsin Dane County Madison 53704 Emerson East

2541 E Johnson St Unit 1, Madison, WI

Not Listed for Sale

MultiFamily

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