NOT LISTED FOR SALE

2641 Milwaukee St Unit 1 Madison, WI 53704

Atwood Neighborhood

Estimated Value: $428,000 - $556,939

4 Beds
2 Baths
1,872 Sq Ft
$256/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $400,000 $214 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,986/month

2 Days on Market

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • Central Air
  • Balcony
  • Outdoor Storage
  • Water Softener is Owned

About This Home

As of January 2024

Priced below assessment. Here is your chance to put in a little sweat and gain equity. This great 2 unit needs a little love to make it great again but has good bones. Owner priced so the Buyer can do a few projects and have a wonderful property. Available to owner occupy right away. Seller is Selling AS IS. There is no rental history. Owners occupied both units. Note: Each unit has a storage space in the basement and there is shared laundry in the basement.

Last Agent to Sell the Property

Tammy Krez

Stark Company, REALTORS License #53225-90 Listed on: 11/30/2023

Stark Company, REALTORS

Last Buyer's Agent

Dominic Sanchez

First Weber Inc License #93494-94

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,911

Year Built

  • Built in 1929

Lot Details

  • 6,098

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Dining Room
  • Wood Flooring
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 2 Covered Spaces
  • Outside Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Lowell Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Central Air
  • Individual Controls for Heating
  • Water Softener is Owned

Additional Features

  • 6,098 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-061-3415-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,911

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
  • Items Included: 2 refrigerators, 2 range/ovens, 1 washer, 1 dryer, 1 kitchen, island.
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Vinyl

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, 2 spaces, Outside

Schools

  • Elementary School: Lowell
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.14
  • Zoning: NMX
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6911
  • Tax Year: 2022
  • Assessor Parcel Number: 0710-061-3415-1

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Jan 3, 2024
Sold by
Erickson David J and Erickson Sharon L
Bought by
212 Grove St Llc
Seller's Agent
Tammy Krez
Stark Company, REALTORS
Buyer's Agent
Dominic Sanchez
First Weber Inc
List Price
$350,000
Sold Price
$400,000
Premium/Discount to List
$50,000
14.29%
Views
15
Current Estimated Value
$478,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,985
Avg. Annual Appreciation
10.47%
Original Mortgage
$320,000
Outstanding Balance
$314,680
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$164,305
Source: Public Records

Range of Values:

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Average Value
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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
212 Grove St Llc $400,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 212 Grove St Llc $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2024 01/08/24 Sold $400,000 +14.3% $214 / Sq Ft
12/02/2023 12/02/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $350,000 -- $187 / 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 $15,376 $424,300 $68,900 $355,400
2023 $6,831 $396,500 $68,900 $327,600
2021 $6,474 $319,200 $60,800 $258,400
2020 $6,369 $295,600 $56,300 $239,300
2019 $6,052 $281,500 $49,800 $231,700
2018 $5,659 $263,100 $49,800 $213,300
2017 $5,520 $245,900 $41,500 $204,400
2016 $5,384 $234,200 $41,500 $192,700
2015 $5,194 $216,500 $41,500 $175,000
2014 $5,036 $216,500 $41,500 $175,000
2013 $4,194 $189,700 $39,900 $149,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1967941

South Central Wisconsin Multiple Listing Service

APN: 0710-061-3415-1