NOT LISTED FOR SALE

2718 Sommers Ave Madison, WI 53704

Atwood Neighborhood

Estimated Value: $771,000 - $868,000

6 Beds
4 Baths
2,100 Sq Ft
$384/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $650,000 $310 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,212/month

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Central Air
  • Balcony
  • Property is near a bus stop
  • 4-minute walk to Elmside Circle Park

About This Home

As of May 2021

Show 5/7. Brick 4 unit in the heart of Atwood offers a great investment opportunity! Long term owner extensively remodeled kitchens, baths, new windows, new roof '19, separate electrical panels & rewired entire building. Apt 1 offers 1bdrm w/ private entry, front porch, long term tenant w/hardwood flrs & original charm. Apt 2 offers a 2 bdrm, kitchen w/newer cabinetry, dishwasher, microwave, maple flrs, & in unit laundry! 3rd Apt is 2 bdrm w/new kitchen w/dishwasher, microwave, 2nd flr 3 season porch & amazing loft 3rd floor bedroom w/bamboo flrs, large closet & space to chill! 4th Apt is 2nd flr 1 bdrm w/hardwood flrs, built-in storage in living, spacious kitchen w/bamboo flrs, dishwasher & balcony to relax! Building offers 4 car garage, new H20 softener & an amazing turn key purchase! For more photos and information visit www.LauerRealtyGroup.com or call Liz Lauer at 608-444-5725

Last Agent to Sell the Property

Liz Lauer

Lauer Realty Group, Inc. License #56139-90 Listed on: 04/30/2021

Last Buyer's Agent

Les Orosz

The Hub Realty License #33059-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,660

Year Built

  • Built in 1927

Lot Details

  • 5,227

Parking

  • 4 Covered Spaces

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Schools

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

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned
  • High Speed Internet

Additional Features

  • Balcony
  • 5,227 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-053-3613-8

Community Details

Overview

  • 4 Units
  • Atwood Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,660

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: All personal property of owner and/or tenant.
  • Items Included: 4 Refrigerators, 4 Stoves/Ovens, 3 Dishwashers, 3 Microwaves, 2 Washer/Dryers. Separate electric boxes for each apt. Unit 1 hardwood floors. Unit two has in unit laundry, maple floors throughout. Unit 3 is a loft with bamboo floors, tile backsplash.
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Internet - Cable, Internet - DSL, Internet - Fixed wireless
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dish Washers: 3
  • Number Dryers: 3
  • Number Units W Ac: 2
  • Number Washers: 3
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Inside: 4

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.12
  • Zoning: TR-V1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 10660
  • Tax Year: 2020
  • Assessor Parcel Number: 0710-053-3613-8

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 2
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 28, 2021
Sold by
Sommers Apartments Llc
Bought by
Mendieta Emerson Fransico and Fardin Luis
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Les Orosz
The Hub Realty
List Price
$575,000
Sold Price
$650,000
Premium/Discount to List
$75,000
13.04%
Current Estimated Value
$806,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,333
Avg. Annual Appreciation
5.00%

Purchase Details

Closed on
May 1, 2005
Sold by
Lazaneo Christine M and Gryznger Edward R
Bought by
Sommers Apartments Llc
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
Mendieta Emerson Fransico $650,000 Knight Barry Title
Sommers Apartments Llc $302,200 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $650,000 +13.0% $310 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $575,000 -- $274 / 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 $23,909 $680,000 $68,000 $612,000
2023 $11,793 $650,000 $62,000 $588,000
2021 $10,191 $478,000 $51,000 $427,000
2020 $10,660 $478,000 $51,000 $427,000
2019 $10,184 $455,000 $51,000 $404,000
2018 $9,732 $435,600 $50,200 $385,400
2017 $9,150 $395,600 $50,200 $345,400
2016 $8,948 $376,600 $48,200 $328,400
2015 $8,217 $311,600 $48,200 $263,400
2014 $7,471 $311,600 $48,200 $263,400
2013 $7,263 $302,600 $48,200 $254,400
Source: Public Records

Agents Affiliated with this Home

  • Liz Lauer

    Seller's Agent in 2021

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    77 in this area

    483 Total Sales

    Liz Lauer
    Section Image

  • L

    Buyer's Agent in 2021

    Les Orosz

    The Hub Realty

    (608) 515-4350

    2 in this area

    9 Total Sales

    Les Orosz
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1908126

South Central Wisconsin Multiple Listing Service

APN: 0710-053-3613-8

Wisconsin Dane County Madison 53704 Atwood

2718 Sommers Ave, Madison, WI

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