NOT LISTED FOR SALE

2904 Milwaukee St Madison, WI 53704

Atwood Neighborhood

Estimated Value: $685,000 - $732,153

5 Beds
4 Baths
3,550 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $485,000 $137 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,437/month

Highlights

  • Balcony
  • Accessible Bedroom
  • Property is near a bus stop
  • Eat-In Kitchen
  • Accessible Full Bathroom
  • 3-minute walk to Hippo Park

About This Home

As of June 2021

Fantastic 4-Unit Income Property! Start or add to your portfolio, with this unique community staple, once a grocery store, and still showcasing hardwood floors, high ceilings, & some vintage detailing! Commercial zoning & storefront, offers the new owner flexibility and income options down the road! The larger main level storefront unit, has the space & potential for an additional bedroom. NEW ROOF (April 2021)! 2-car detached garage! Fully occupied w/ great rents! Conveniently located! Nearby bike paths & bus lines.

Last Agent to Sell the Property

Dan Schimelfenyg

EXP Realty, LLC License #80420-94 Listed on: 05/03/2021

EXP Realty, LLC

Last Buyer's Agent

Vivienne Andersen

Restaino & Associates License #77615-94

Restaino & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,549

Year Built

  • Built in 1924

Lot Details

  • 6,098

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Parking

  • 2 Covered Spaces
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Balcony
  • 6,098 Sq Ft Lot
  • Property is near a bus stop
  • Forced Air Heating System

Community Details

  • 4 Units
  • Net Operating Income $38,040

Listing and Financial Details

  • Assessor Parcel Number 0710-052-2717-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,549

Year Built

Built in 1924

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: First floor bedroom, First floor full bath
  • Items Excluded: Tenants and Sellers Personal Property
  • Items Included: 4 stoves, 4 fridges, 2 Washers, 2 Dryers
  • Miscellaneous: Close to bus line
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dryers: 2
  • Number Washers: 2

Exterior Features

  • Exterior: Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2

Utilities

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

Fee Information

  • Total Expenses: 12600

Schools

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

Lot Info

  • Estimated Aces: 0.14
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 50640

Tax Info

  • Net Taxes: 10549
  • Tax Year: 2020
  • Assessor Parcel Number: 0710-052-2717-1

Multi Family

  • Number Of1 Bedrooms: 3
  • Number Of2 Bedrooms: 1
  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 30, 2021
Sold by
Butor Theodore P
Bought by
Hanna Jennifer and Sciortino Angel
Seller's Agent
Dan Schimelfenyg
EXP Realty, LLC
Buyer's Agent
Vivienne Andersen
Restaino & Associates
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%
Current Estimated Value
$708,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,788
Avg. Annual Appreciation
9.16%
Original Mortgage
$388,000
Outstanding Balance
$352,050
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$356,738

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 30, 2020
Sold by
Jeff Wolf Properties Llc
Bought by
Butor Theodeore P
Seller's Agent
Jo Ferraro
EXP Realty, LLC
Buyer's Agent
Dan Schimelfenyg
EXP Realty, LLC
List Price
$499,000
Sold Price
$445,000
Premium/Discount to List
-$54,000
-10.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%

Purchase Details

Closed on
Jan 31, 2014
Sold by
Community Soul Llc
Bought by
Jeff Wolf Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,750
Interest Rate
4.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2011
Sold by
Testolin Antonio and Breitinger Benjamin S
Bought by
Community Soul Llc

Purchase Details

Closed on
Aug 13, 2010
Sold by
Ddmxii Llc
Bought by
Testolin Antonio and Breitinger Benjamin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
4.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2008
Sold by
Mcconley Dion J and Mcconley Dean M
Bought by
Ddmxii 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
Hanna Jennifer $485,000 None Available
Butor Theodeore P $445,000 None Available
Jeff Wolf Properties Llc $337,000 None Available
Community Soul Llc $228,000 None Available
Testolin Antonio $228,000 None Available
Ddmxii Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanna Jennifer $388,000
Previous Owner Jeff Wolf Properties Llc $252,750
Previous Owner Testolin Antonio $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $485,000 -3.0% $137 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $499,900 +12.3% $141 / Sq Ft
09/30/2020 09/30/20 Sold $445,000 -10.8% $125 / Sq Ft View Prior Sale
07/31/2020 07/31/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $499,000 +12.1% $141 / Sq Ft
07/21/2020 07/21/20 Off Market $445,000 -- --
07/20/2020 07/20/20 For Sale $499,000 -- $141 / 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 $22,408 $652,800 $75,500 $577,300
2023 $8,906 $510,000 $74,000 $436,000
2021 $9,481 $445,000 $61,000 $384,000
2020 $10,548 $473,000 $61,000 $412,000
2019 $11,552 $450,000 $61,000 $389,000
2018 $10,903 $429,000 $60,300 $368,700
2017 $10,045 $390,000 $60,300 $329,700
2016 $9,986 $371,000 $57,300 $313,700
2015 $8,082 $262,000 $57,300 $204,700
2014 $6,270 $262,000 $57,300 $204,700
2013 $5,176 $228,000 $57,300 $170,700
Source: Public Records

Agents Affiliated with this Home

  • Dan Schimelfenyg

    Seller's Agent in 2021

    Dan Schimelfenyg

    EXP Realty, LLC

    (608) 658-4342

    1 in this area

    53 Total Sales

    Dan Schimelfenyg
    Section Image
  • Vivienne Andersen

    Buyer's Agent in 2021

    Vivienne Andersen

    Restaino & Associates

    (608) 425-0929

    1 in this area

    70 Total Sales

    Vivienne Andersen
    Section Image
  • Jo Ferraro

    Seller's Agent in 2020

    Jo Ferraro

    EXP Realty, LLC

    (608) 445-2287

    8 in this area

    1,011 Total Sales

    Jo Ferraro
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1908033

South Central Wisconsin Multiple Listing Service

APN: 0710-052-2717-1

Wisconsin Dane County Madison 53704 Atwood

2904 Milwaukee St, Madison, WI

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