NOT LISTED FOR SALE

2818 Sommers Ave Madison, WI 53704

Atwood Neighborhood

Estimated Value: $465,000 - $604,513

3 Beds
2 Baths
1,555 Sq Ft
$347/Sq Ft Est. Value

Last Sold November 12, 2014

Last sale price $220,000 $141 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,483/month

29 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • Family Room
  • Property is near a bus stop
  • Dining Room
  • 3-minute walk to Elmside Circle Park

About This Home

As of November 2014

Wonderful investment opportunity sought after Atwood neighborhood with tons of potential. With a little elbow grease this two unit could be a perfect fit for an owner occupant who is just starting, or it could be a great addition to the experienced investors portfolio. Equipped with a two car heated garage, 3 season porch, original hardwood floors and lots more! Close to restaurants, Olbrich Gardens, Lake Monona and the bike path! See it today!

Last Agent to Sell the Property

Tony Tucci

Realty Executives Cooper Spransy License #68663-94 Listed on: 09/08/2014

Realty Executives Cooper Spransy

Last Buyer's Agent

Keith Baal

South Central Non-Member License #42604-90

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 4,704

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Schools

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

Additional Features

  • Property is near a bus stop
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 0710-053-2710-3

Community Details

Overview

  • 2 Units
  • Atwood Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story, 2 flat-up and down
  • Miscellaneous: Shared laundry, Close to bus line
  • Noi Year: 2014
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 1
  • Number Stoves: 1
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

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

Utilities

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

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

  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 58000
  • Improvements: 178000
  • Total Assessment: 236000
  • Assessment year: 2014
  • Net Taxes: 5568
  • Tax Year: 2013
  • Assessor Parcel Number: 0710-053-2710-3

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2014
Closed on
Nov 12, 2014
Sold by
Lorenz Michael and Lorenz Jr Revocable T Edward C
Bought by
Pineyro Marcelo
Seller's Agent
Tony Tucci
Realty Executives Cooper Spransy
Buyer's Agent
Keith Baal
South Central Non-Member
List Price
$260,000
Sold Price
$220,000
Premium/Discount to List
-$40,000
-15.38%
Current Estimated Value
$540,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,128
Avg. Annual Appreciation
8.31%
Original Mortgage
$11,000
Interest Rate
3.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 9, 2013
Sold by
Lorenz Edward C
Bought by
Lorenz Edward C and Lorenz Jr Revocable T Edward C
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
Pineyro Marcelo $220,000 None Available
Lorenz Edward C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pineyro Marcelo $115,000
Closed Pineyro Marcelo $61,000
Closed Pineyro Marcelo $31,300
Closed Pineyro Marcelo $11,000
Closed Pineyro Marcelo $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2014 11/12/14 Sold $220,000 -15.4% $141 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $260,000 -- $167 / 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 $16,233 $478,400 $119,000 $359,400
2023 $7,533 $434,900 $119,000 $315,900
2021 $7,273 $356,400 $100,200 $256,200
2020 $7,335 $330,000 $95,400 $234,600
2019 $7,011 $314,300 $86,700 $227,600
2018 $6,663 $299,300 $75,400 $223,900
2017 $6,269 $272,100 $71,800 $200,300
2016 $6,040 $255,300 $67,700 $187,600
2015 $5,808 $236,000 $58,000 $178,000
2014 $5,640 $236,000 $58,000 $178,000
2013 $5,151 $226,900 $54,700 $172,200
Source: Public Records

Agents Affiliated with this Home

  • Tony Tucci

    Seller's Agent in 2014

    Tony Tucci

    Realty Executives

    (608) 219-9302

    3 in this area

    293 Total Sales

    Tony Tucci
    Section Image

  • K

    Buyer's Agent in 2014

    Keith Baal

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1726946

South Central Wisconsin Multiple Listing Service

APN: 0710-053-2710-3

Wisconsin Dane County Madison 53704 Atwood

2818 Sommers Ave, Madison, WI

This home is located at 2818 Sommers Ave, Madison, WI 53704 since 08 September 2014 and is currently estimated at $540,128, approximately $347 per square foot. This property was built in 1904. 2818 Sommers Ave is a home located in Dane County with nearby schools including Lowell Elementary School, O'Keeffe Middle, 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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