NOT LISTED FOR SALE

2702 Independence Ln Madison, WI 53704

Greater Sandburg Neighborhood

Estimated Value: $342,410 - $402,000

3 Beds
2 Baths
1,732 Sq Ft
$214/Sq Ft Est. Value

Last Sold October 07, 2013

Last sale price $131,400 $76 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $2,838/month

12 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Den
  • Recreation Room
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of October 2013

HUD Case # 581-301662. Property is HUD owned and offered "As-Is" without repairs or warranties. For more info and to make an offer, go to the website listed on broker lines. Offered to Owner-Occupant buyers first. Please note that if a buyer submits an offer over the list price using FHA financing, the buyer must cover that difference at closing in addition to their down payment. Owner occupant offers only will be accepted through 8/17. Investor bidding begins 9/7.

Last Agent to Sell the Property

Blair Winn

Winn Realty & Appraisal LLC License #52913-90 Listed on: 08/08/2013

Last Buyer's Agent

Aaron Schneider

ADT Realty License #55283-90

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot
  • Property is zoned SR-C1

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Den
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub

Parking

  • 1 Car Attached Garage
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Deck
  • Outdoor Storage

Schools

  • Sandburg Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Forced Air Cooling System

Community Details

  • Sanford Holiday Bluff Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot
  • Year Built: 1964
  • Above Grade Price Per Sq Ft: 137.5
  • Above Grade Sold Price Per Sq Ft: 127.33
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1032
  • Finished Non Exp Sq Ft: 700
  • Finished Sq Ft: 1732
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 12x11, On Level: M
  • Bedroom 2: Dimensions: 12x9, On Level: M
  • Bedroom 3: Dimensions: 10x9, On Level: M
  • Kitchen: Dimensions: 14x11, On Level: M
  • Living Room: Dimensions: 18x12, On Level: M
  • Dining Room: Dimensions: 10x7, On Level: M
  • Other Rooms: Den/Office, Rec Room
  • Other Room 1: Den/Office, Dimensions: 14x10, On Level: L
  • Other Room 2: Rec Room, Dimensions: 14x10, On Level: L
  • Other Room 3: Rec Room, Dimensions: 18x13, On Level: L
  • Laundry: On Level: L
  • Basement: Full, Finished
  • Interior Amenities: Wood or sim. wood floor, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Storage building

Garage/Parking

  • Driveway: Paved
  • Garage: 1 car, Attached
  • Total Full Garage Stalls: 1

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer

Schools

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

Lot Info

  • Assessor Parcel Number: 0810-281-0513-9
  • Estimated Aces: 0.24
  • Zoning: SR-C1
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 51800
  • Improvements: 99100
  • Total Assessment: 150900
  • Assessment year: 2013
  • Net Taxes: 3469
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2013
Closed on
Oct 3, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Mebrouk Lilia
Seller's Agent
Blair Winn
Winn Realty & Appraisal LLC
Buyer's Agent
Aaron Schneider
ADT Realty
List Price
$141,900
Sold Price
$131,400
Premium/Discount to List
-$10,500
-7.4%
Total Days on Market
12
Current Estimated Value
$369,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,453
Avg. Annual Appreciation
8.84%
Original Mortgage
$127,458
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2013
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 7, 2013
Sold by
Carlson Judy A and Carlson Carl R
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 12, 2008
Sold by
Hermanson Gerald L
Bought by
Carlson Carl R and Carlson Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,290
Interest Rate
5.93%
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
Mebrouk Lilia -- Ancona Title & Escrow
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $176,142 None Available
Carlson Carl R $168,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mebrouk Lilia $15,000
Open Gonzalez Lilia $182,200
Closed Mebrouk Lilia $62,000
Closed Mebrouk Lilia $57,000
Closed Ruiz Lilia Gonzalez $32,000
Closed Gonzalez Lilia $130,000
Closed Mebrouk Lilia $127,458
Previous Owner Carlson Carl R $166,290
Previous Owner Hermanson Gerald L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2013 10/07/13 Sold $131,400 -7.4% $76 / Sq Ft
08/20/2013 08/20/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $141,900 -- $82 / 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 $9,920 $300,100 $85,100 $215,000
2023 $4,616 $275,300 $78,100 $197,200
2021 $4,206 $213,700 $68,500 $145,200
2020 $4,214 $199,700 $64,000 $135,700
2019 $3,952 $188,400 $60,400 $128,000
2018 $3,815 $181,200 $60,400 $120,800
2017 $3,625 $164,700 $54,900 $109,800
2016 $3,567 $158,400 $54,900 $103,500
2015 $3,482 $147,900 $50,800 $97,100
2014 $3,374 $147,900 $50,800 $97,100
2013 $3,408 $150,900 $51,800 $99,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Blair Winn

    Winn Realty & Appraisal LLC

    (608) 295-5594

    6 Total Sales

    Blair Winn
    Section Image

  • A

    Buyer's Agent in 2013

    Aaron Schneider

    ADT Realty

    (414) 477-8319

    16 Total Sales

    Aaron Schneider
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1693904

South Central Wisconsin Multiple Listing Service

APN: 0810-281-0513-9

Wisconsin Dane County Madison 53704 Greater Sandburg

2702 Independence Ln, Madison, WI

This home is located at 2702 Independence Ln, Madison, WI 53704 since 08 August 2013 and is currently estimated at $369,853, approximately $213 per square foot. This property was built in 1964. 2702 Independence Ln is a home located in Dane County with nearby schools including Sandburg Elementary School, Sherman Middle School, and East High School.

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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