NOT LISTED FOR SALE

2551 E Johnson St Unit 1 Madison, WI 53704

Emerson East Neighborhood

Estimated Value: $494,638

4 Beds
2 Baths
2,200 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2014

Last sale price $198,900 $90 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $3,489 / mo

518 Days on Market

Highlights

  • Detached Garage
  • Water Softener is Owned
  • Laundry Facilities
  • Property is near bus stop
  • Dining Room
  • Washer and Dryer

About This Home

As of April 2014

Outstanding 2-unit. You will never find anything easier to rent. Tenants pay gas and electric. Owner is flexible and willing to change or update building to meet buyer's needs. See attached Executive Summary Sheet for income analysis. Please allow 30 hour notice.

Last Agent to Sell the Property

Gerardo Jimenez

Sprinkman Real Estate License #52378-90 Listed on: 10/10/2012

Last Buyer's Agent

Kellie Unke

Stark Company, REALTORS License #45269-94

Stark Company, REALTORS

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

  • $4,442

Year Built

  • Built in 1924

Parking

  • Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Location

  • Property is near bus stop

Schools

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

Utilities

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

Community Details

  • 2 Units
  • Laundry Facilities
  • Net Operating Income $10,040

Listing and Financial Details

  • Assessor Parcel Number 0710-061-1402-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,442

Year Built

Built in 1924

Lot Details

0 Sq Ft Lot

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
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 1 stall garage, 2 stall garage, Detached
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 10754

Schools

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

Lot Info

  • Zoning: R4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 20794

Tax Info

  • Net Taxes: 4442
  • Tax Year: 2013
  • Assessor Parcel Number: 0710-061-1402-0

Multi Family

  • Number Of2 Bedrooms: 2
  • 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

Closed on
Oct 16, 2023
Sold by
Drenoske Steven L and Drenoske Steven L
Bought by
Current Estimated Value
$494,638

Purchase Details

Listed on
Oct 10, 2012
Closed on
Apr 30, 2014
Sold by
T S R 2012 Charitable Trust
Bought by
Drenoske Linda K and Drenoske Steven L
Seller's Agent
Gerardo Jimenez
Sprinkman Real Estate
Buyer's Agent
Kellie Unke
Stark Company, REALTORS
List Price
$219,900
Sold Price
$198,900
Premium/Discount to List
-$21,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$149,175
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2012
Sold by
Ripple Thomas D
Bought by
T S R 2012 Charitable Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Emerson East, WI

  • Jonathan Gaspero Real Estate Agent - Compass Real Estate Wisconsin

    Jonathan Gaspero

    Compass Real Estate Wisconsin

    (608) 640-3845

    152 Total Sales

    2 in Emerson East

    $365K - $400K Price Range

    Jonathan Gaspero
     Section Image
  • Jed Burk Real Estate Agent - Coldwell Banker Real Estate Group

    Jed Burk

    Coldwell Banker Real Estate Group

    (612) 482-5484

    56 Total Sales

    1 in Emerson East

    $855,000 Price

    Jed Burk
     Section Image
  • Anthony Schey Real Estate Agent - Lakeplace.com/Dane Arthur Real Estate Agency

    Anthony Schey

    Lakeplace.com/Dane Arthur Real Estate Agency

    (608) 292-3809

    49 Total Sales

    5 in Emerson East

    $315K - $655K Price Range

    Anthony Schey
     Section Image
  • Thomsen Team Real Estate Agent - Modern Realty Partners LLC

    Thomsen Team

    Responds Quickly

    Modern Realty Partners LLC

    (262) 588-3642

    120 Total Sales

    1 in Emerson East

    $292,500 Price

    Thomsen Team
     Section Image
  • Devery Cash Real Estate Agent - Keller Williams Realty

    Devery Cash

    Keller Williams Realty

    (608) 292-3846

    79 Total Sales

    1 in Emerson East

    $489,000 Price

    Devery Cash
     Section Image
  • Areal Guenther Real Estate Agent - Realty Executives Cooper Spransy

    Areal Guenther

    Realty Executives Cooper Spransy

    (608) 292-6261

    97 Total Sales

    1 in Emerson East

    $460,000 Price

    Areal Guenther
     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
-- None Listed On Document
Drenoske Linda K $198,900 None Available
T S R 2012 Charitable Trust -- 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
Previous Owner $149,175
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
04/30/2014 04/30/14 Sold $198,900 -9.5% $90 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
10/10/2012 10/10/12 For Sale $219,900 -- $100 / 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 $8,095 $438,800 $87,300 $351,500
2024 $14,087 $402,600 $87,300 $315,300
2023 $6,790 $376,300 $81,600 $294,700
2022 $13,146 $336,000 $74,900 $261,100
2021 $6,250 $294,700 $65,700 $229,000
2020 $6,052 $272,900 $60,800 $212,100
2019 $6,077 $272,900 $60,800 $212,100
2018 $5,584 $248,100 $60,800 $187,300
2017 $5,259 $225,500 $55,300 $170,200
2016 $5,005 $208,800 $55,300 $153,500
2015 $4,738 $187,000 $49,700 $137,300
2014 $4,453 $187,000 $49,700 $137,300
2013 $4,283 $181,600 $48,300 $133,300
Source: Public Records

Agents Affiliated with this Home

  • Gerardo Jimenez Real Estate Agent - Sprinkman Real Estate

    Seller's Agent in 2014

    Gerardo Jimenez

    Sprinkman Real Estate

    (608) 469-6651

    148 Total Sales

    Gerardo Jimenez
    Section Image
  • Kellie Unke Real Estate Agent - Stark Company, REALTORS

    Buyer's Agent in 2014

    Kellie Unke

    Stark Company, REALTORS

    (608) 225-2930

    163 Total Sales

    Kellie Unke
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1668032

South Central Wisconsin Multiple Listing Service

APN: 0710-061-1402-0

Wisconsin Dane County Madison 53704 Emerson East

2551 E Johnson St 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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