NOT LISTED FOR SALE

Estimated Value: $1,404,930

1 Bed
1 Bath
740 Sq Ft
$1,899/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $960,000 $1,297 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $10,456/month

Highlights

  • 0.6 Acre Lot
  • Outdoor Storage
  • Dining Room
  • Level Entry For Accessibility
  • Water Softener is Owned
  • 3-minute walk to Elmside Circle Park

About This Home

As of December 2020

This home is located at 2709 Sommers Ave, Madison, WI 53704 since 18 November 2020 and is currently estimated at $1,404,930, approximately $1,898 per square foot. This property was built in 1862. 2709 Sommers Ave is a home located in Dane County with nearby schools including Lowell Elementary School, O'Keeffe Middle, and East High School.

Last Agent to Sell the Property

Laurie Logan

Keller Williams Realty License #46580-90 Listed on: 11/18/2020

Keller Williams Realty

Last Buyer's Agent

Greg Wagner

Keller Williams Lake Country License #58970-90

Keller Williams Lake Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,230

Year Built

  • Built in 1862

Lot Details

  • 0.6 Acre Lot
  • Level Lot

Home Design

  • Stone Exterior Construction

Interior Spaces

  • Dining Room
  • Basement Fills Entire Space Under The House
  • Oven or Range

Parking

  • 8 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Schools

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

Utilities

  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Level Entry For Accessibility
  • Outdoor Storage

Community Details

  • 8 Units
  • Atwood Elmside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-053-3503-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,230

Year Built

Built in 1862

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Barrier Free: Ramped or level entrance, Level drive, Level lot
  • Miscellaneous: Water Softener Owned
  • Year Built: 1862
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Parking Stalls Outside: 8

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Estimated Aces: 0.6
  • Zoning: HIS-L
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 13230
  • Tax Year: 2019
  • Assessor Parcel Number: 0710-053-3503-1

Multi Family

  • Number Of1 Bedrooms: 8
  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 28, 2020
Sold by
Mills Historic House Llc
Bought by
Tuig Enterprises Llc
Seller's Agent
Laurie Logan
Keller Williams Realty
Buyer's Agent
Greg Wagner
Keller Williams Lake Country
List Price
$875,000
Sold Price
$960,000
Premium/Discount to List
$85,000
9.71%
Current Estimated Value
$1,404,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,930
Avg. Annual Appreciation
8.19%
Original Mortgage
$768,000
Outstanding Balance
$686,522
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$718,408

Purchase Details

Closed on
Mar 6, 2019
Sold by
Hart Kimberley A
Bought by
Mills Historic House Llc

Purchase Details

Closed on
Dec 27, 2018
Sold by
Park Place Of Madison Llc
Bought by
Hart Kimberley A

Purchase Details

Closed on
Mar 29, 2005
Sold by
Hugo Robert J
Bought by
Park Place Of Madison Llc
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
Tuig Enterprises Llc $960,000 None Available
Mills Historic House Llc -- None Available
Hart Kimberley A -- None Available
Park Place Of Madison Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuig Enterprises Llc $768,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2020 12/28/20 Sold $960,000 +9.7% $1,297 / Sq Ft
11/18/2020 11/18/20 For Sale $875,000 -- $1,182 / 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 $37,222 $1,056,000 $160,000 $896,000
2023 $17,459 $960,000 $160,000 $800,000
2021 $20,553 $960,000 $87,000 $873,000
2020 $13,851 $620,000 $87,000 $533,000
2019 $13,229 $590,000 $87,000 $503,000
2018 $12,556 $561,000 $86,500 $474,500
2017 $11,819 $510,000 $86,500 $423,500
2016 $11,043 $464,000 $78,500 $385,500
2015 $10,624 $421,000 $78,500 $342,500
2014 $10,122 $421,000 $78,500 $342,500
2013 $9,852 $409,000 $78,500 $330,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1898266

South Central Wisconsin Multiple Listing Service

APN: 0710-053-3503-1