NOT LISTED FOR SALE

2557 E Johnson St Unit 1 Madison, WI 53704

Emerson East Neighborhood

Estimated Value: $519,000 - $621,000

5 Beds
3 Baths
2,916 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 17, 2013

Last sale price $263,000 $90 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,539/month

Highlights

  • Fireplace
  • Accessible Bedroom
  • Property is near a bus stop
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Dining Room

About This Home

As of October 2013

Solid brick 3-flat apartment building with hardwood floors and 2 fireplaces still has much of the original charm! Owner had originally used as his homestead for 13 years and has maintained good tenants for past 7 years. Huge attic and basement levels can provide needed storage spaces and coin-operated laundry is in lower. 4-stall brick garage in backyard needs new roof and garage doors, but provides great carport-like parking for tenants. Conveniently located to downtown! UHP Home Warranty provided.

Last Agent to Sell the Property

Jacci See

Compass Real Estate Wisconsin License #25060-90 Listed on: 07/02/2012

Compass Real Estate Wisconsin

Last Buyer's Agent

Troy Thiel

Real Broker LLC License #57981-94

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 5,280

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • Fireplace
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Utilities

  • Radiant Heating System
  • Water Softener Leased

Additional Features

  • 5,280 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-061-1401-2

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

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: First floor bedroom, First floor full bath
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Rented
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Electric
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Detached

Schools

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

Lot Info

  • Estimated Lot Sq Ft: 5280
  • Zoning: R4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 27000

Tax Info

  • Net Taxes: 7539
  • Tax Year: 2012
  • Assessor Parcel Number: 0710-061-1401-2

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of3 Bedrooms: 1
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2019
Sold by
Sjachrani Riki M
Bought by
Grindrod Kathleen J
Current Estimated Value
$566,774

Purchase Details

Listed on
Jul 2, 2012
Closed on
Oct 17, 2013
Sold by
Morales Juan
Bought by
Sjachrani Riki M and Grindrod Kathleen J
Seller's Agent
Jacci See
Compass Real Estate Wisconsin
Buyer's Agent
Troy Thiel
Real Broker LLC
List Price
$295,000
Sold Price
$263,000
Premium/Discount to List
-$32,000
-10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$258,236
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Grindrod Kathleen J -- None Available
Sjachrani Riki M $263,000 Knight Barry Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sjachrani Riki M $258,236
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2013 10/17/13 Sold $263,000 -10.8% $90 / Sq Ft
07/14/2013 07/14/13 Pending -- -- --
07/02/2012 07/02/12 For Sale $295,000 -- $101 / 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 $17,182 $490,000 $53,500 $436,500
2023 $8,282 $457,900 $50,000 $407,900
2021 $7,903 $371,600 $41,700 $329,900
2020 $7,652 $344,100 $38,600 $305,500
2019 $7,532 $337,400 $36,800 $300,600
2018 $6,829 $306,700 $36,800 $269,900
2017 $6,425 $278,800 $35,400 $243,400
2016 $6,603 $278,800 $33,400 $245,400
2015 $6,672 $263,000 $30,000 $233,000
2014 $6,294 $263,000 $30,000 $233,000
2013 $6,977 $242,700 $29,100 $213,600
Source: Public Records

Agents Affiliated with this Home

  • Jacci See

    Seller's Agent in 2013

    Jacci See

    Compass Real Estate Wisconsin

    (608) 217-2089

    115 Total Sales

    Jacci See
    Section Image
  • Troy Thiel

    Buyer's Agent in 2013

    Troy Thiel

    Real Broker LLC

    (608) 514-6488

    34 Total Sales

    Troy Thiel
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1660306

South Central Wisconsin Multiple Listing Service

APN: 0710-061-1401-2

Wisconsin Dane County Madison 53704 Emerson East

2557 E Johnson St Unit 1, Madison, WI

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