NOT LISTED FOR SALE

2547 Kendall Ave Unit 1 Madison, WI 53705

Regent Neighborhood

Estimated Value: $592,000 - $654,000

4 Beds
2 Baths
1,612 Sq Ft
$388/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $520,000 $323 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,925/month

5 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Forced Air Heating and Cooling System
  • Randall Elementary School Rated A-
  • Property is near a bus stop
  • 4-minute walk to Stevens Street Park

About This Home

As of July 2023

Fantastic rental units in a fantastic location! You can attract medical students, professionals, or even grad students to be your tenants in this prime location on the bike boulevard. Two tasteful units have great long-term tenant history. The three car detached garage, which was a carriage house in days past, is currently being used as a shop. The next owner could entice tenants with garage parking or lease the spaces separately for additional income. Per seller, there have been many recent updates including AC (2022), roof (2017), washer (2021), refrigerator (2017), newer Aprilaire, newer gutters, newer carpet upstairs, many new windows, and new entry doors. Lower unit has an amazing front enclosed porch, which adds living space. There is room to increase rents!

Last Agent to Sell the Property

Brian Conne

First Weber, Inc License #81894-94 Listed on: 06/13/2023

First Weber, Inc

Last Buyer's Agent

The Hub Team

The Hub Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,076

Year Built

  • Built in 1912

Lot Details

  • 5,227

Home Design

  • Duplex
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • Garage
  • Garage Door Opener
  • Outside Parking

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Water Softener is Owned
  • High Speed Internet
  • Internet Available

Additional Features

  • Balcony
  • 5,227 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0709-211-1213-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,076

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Items Excluded: Seller's personal property, Tenant's personal property, Microwaves
  • Items Included: Refrigerators (2), Stove/ovens (2), Disposals (2), 1 dishwasher, 1 smart thermostat, 1 washer, 1 dryer, 1 water softener
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Internet - Cable, Internet - DSL, Internet -Fiber Available
  • Noi Year: 2023
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 3
  • Parking Stalls Outside: 3

Utilities

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

Schools

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Estimated Aces: 0.12
  • Zoning: TR-C2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 160800
  • Improvements: 296300
  • Total Assessment: 457100
  • Assessment year: 2023
  • Net Taxes: 8076
  • Tax Year: 2022
  • Assessor Parcel Number: 0709-211-1213-5

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Jul 17, 2023
Sold by
Mckenney David A
Bought by
Conley Benjamin and Conley Amanda
Seller's Agent
Brian Conne
First Weber, Inc
Buyer's Agent
The Hub Team
The Hub Realty
List Price
$520,000
Sold Price
$520,000
Views
4
Current Estimated Value
$624,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,949
Avg. Annual Appreciation
6.87%
Original Mortgage
$416,000
Outstanding Balance
$407,950
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$188,747

Purchase Details

Closed on
Aug 14, 2013
Sold by
Mckenney David A and Mckenney Cherie L
Bought by
Mckenney David A

Purchase Details

Closed on
Jul 6, 2012
Sold by
Jacmeg Properties Llc
Bought by
Mckenney David A and Mckenney Cherie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,300
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2007
Sold by
Mckenney David A and Mckenney Cherie L
Bought by
Jacmeg Properties Llc

Purchase Details

Closed on
Mar 12, 2007
Sold by
Carpenter William D and Carpenter Peggy M
Bought by
Mckenney David A and Mckenney Cherie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Conley Benjamin $520,000 None Listed On Document
Mckenney David A -- None Available
Mckenney David A -- None Available
Jacmeg Properties Llc -- None Available
Mckenney David A $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conley Benjamin $58,800
Open Conley Benjamin $416,000
Previous Owner Mckenney David A $50,000
Previous Owner Mckenney David A $269,000
Previous Owner Mckenney David $216,000
Previous Owner Mckenney David A $20,000
Previous Owner Mckenney David A $216,000
Previous Owner Mckenney David A $211,300
Previous Owner Mckenney David A $224,000
Previous Owner Carpenter William D $182,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $520,000 0.0% $323 / Sq Ft
06/20/2023 06/20/23 For Sale $520,000 0.0% $323 / Sq Ft
06/14/2023 06/14/23 Off Market $520,000 -- --
06/13/2023 06/13/23 For Sale $520,000 -- $323 / 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 $18,244 $520,000 $183,000 $337,000
2023 $8,267 $457,100 $160,800 $296,300
2021 $7,963 $374,400 $130,500 $243,900
2020 $7,710 $346,700 $120,800 $225,900
2019 $7,741 $346,700 $120,800 $225,900
2018 $7,219 $324,000 $112,900 $211,100
2017 $6,792 $294,500 $110,700 $183,800
2016 $6,580 $277,800 $104,400 $173,400
2015 $6,329 $252,000 $95,600 $156,400
2014 $6,027 $252,000 $95,600 $156,400
2013 $5,930 $252,000 $91,900 $160,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1957799

South Central Wisconsin Multiple Listing Service

APN: 0709-211-1213-5