NOT LISTED FOR SALE

2722 Sommers Ave Unit 12 Madison, WI 53704

Atwood Neighborhood

Estimated Value: $524,000 - $579,048

2 Beds
2 Baths
1,623 Sq Ft
$339/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $300,000 $185 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,238/month

Highlights

  • Balcony
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Fireplace
  • Property is near a bus stop
  • 4-minute walk to Elmside Circle Park

About This Home

As of October 2017

Well-maintained 2-flat in the desired Atwood area, 4 blocks from lake, 3 blocks off bike path. Hardwood floors and woodwork in beautiful condition. Main level unit has big sunroom with French doors to front, screened porch in back. Upper has screened porch to back, private entry. Or house could be restored to single family home. New roof in 2015, furnaces/AC in 2010. Pre-app letter required with offer. Atwood duplex!

Last Agent to Sell the Property

Kate Speer Ely

South Central Non-Member License #57858-90 Listed on: 08/17/2017

Last Buyer's Agent

Jolenta Averill

Lake & City Homes Realty License #55032-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,109

Year Built

  • Built in 1925

Lot Details

  • 5,258 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • Garage
  • Garage Door Opener
  • Driveway Level

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Additional Features

  • Low Pile Carpeting
  • Balcony
  • Property is near a bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-053-3614-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,109

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 2 story, 2 flat-up and down
  • Barrier Free: Level drive, Level lot, Low pile or no carpeting
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Furnaces: 2
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached, Opener inc

Schools

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

Lot Info

  • Estimated Aces: 0.1207
  • Zoning: TR-V1
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 80300
  • Improvements: 197300
  • Total Assessment: 277600
  • Assessment year: 2017
  • Net Taxes: 6109
  • Tax Year: 2016
  • Assessor Parcel Number: 0710-053-3614-6

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Oct 27, 2017
Sold by
Loye Patrick R and Loye Barbara J
Bought by
Hasan Miriam Tierney
Seller's Agent
Kate Speer Ely
South Central Non-Member
Buyer's Agent
Jolenta Averill
Lake & City Homes Realty
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Current Estimated Value
$550,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,512
Avg. Annual Appreciation
7.87%
Original Mortgage
$240,000
Outstanding Balance
$201,002
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$349,510
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
Hasan Miriam Tierney $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hasan Miriam Tierney $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2017 10/28/17 Off Market $300,000 -- --
10/27/2017 10/27/17 Sold $300,000 -7.7% $185 / Sq Ft
08/29/2017 08/29/17 Price Changed $324,900 -7.2% $200 / Sq Ft
08/17/2017 08/17/17 For Sale $350,000 -- $216 / 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 $16,276 $479,600 $132,900 $346,700
2023 $7,553 $436,000 $132,900 $303,100
2021 $7,293 $357,300 $111,900 $245,400
2020 $7,160 $330,800 $106,600 $224,200
2019 $6,808 $315,000 $96,900 $218,100
2018 $6,490 $300,000 $84,300 $215,700
2017 $6,259 $277,600 $80,300 $197,300
2016 $6,108 $264,400 $75,800 $188,600
2015 $5,892 $244,500 $65,000 $179,500
2014 $5,714 $244,500 $65,000 $179,500
2013 $5,240 $235,100 $61,300 $173,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1812137

South Central Wisconsin Multiple Listing Service

APN: 0710-053-3614-6