NOT LISTED FOR SALE

2954 Milwaukee St Madison, WI 53704

Atwood Neighborhood

Estimated Value: $387,000 - $602,000

6 Beds
4 Baths
3,089 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $535,000 $173 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,203/month

35 Days on Market

Highlights

  • Fenced Yard
  • Water Softener is Owned
  • Laundry Facilities
  • Property is near a bus stop

About This Home

As of August 2023

This 4-unit apartment building located on the near east side of Madison is a great investment opportunity. The building offers 4 spacious units (Two of the units are 2-bedrooms apartments and the other two are 1-bedroom apartments) with lots of windows for plenty of natural light. Ready for owner occupancy. Off street parking with an onsite coin operated laundry room. This is an amazing opportunity for any investor or (owner occupied) looking for a reliable and profitable income.

Last Agent to Sell the Property

Jonathan Minerick

Homecoin.com License #59285-90 Listed on: 06/16/2023

Last Buyer's Agent

Krista Potter

First Weber Inc License #93098-94

First Weber Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,772

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced Yard

Home Design

  • Vinyl Siding

Parking

  • 1 Open Parking Space
  • On-Street Parking
  • Outside Parking

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-052-2730-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,772

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned, Fenced yard
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 5
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 1

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.1
  • Zoning: RES
  • Geo Subdivision: WI

Rental Info

  • Total Income: 3700

Tax Info

  • Net Taxes: 8772
  • Tax Year: 2023
  • Assessor Parcel Number: 0710-052-2730-3

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
Jun 16, 2023
Closed on
Aug 18, 2023
Sold by
Blaedow Timothy T
Bought by
Stone Christian and Moran Laura
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
Krista Potter
First Weber Inc
List Price
$615,000
Sold Price
$535,000
Premium/Discount to List
-$80,000
-13.01%
Views
205
Current Estimated Value
$511,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,333
Avg. Annual Appreciation
-2.02%
Original Mortgage
$401,250
Interest Rate
7.23%
Mortgage Type
New Conventional
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
Stone Christian $535,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stone Christian $401,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2023 08/21/23 Sold $535,000 -10.1% $173 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $595,000 -3.3% $193 / Sq Ft
06/16/2023 06/16/23 For Sale $615,000 -- $199 / 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 $18,237 $535,000 $65,000 $470,000
2023 $8,906 $510,000 $59,000 $451,000
2021 $8,619 $419,000 $49,000 $370,000
2020 $8,692 $399,000 $49,000 $350,000
2019 $8,274 $380,000 $49,000 $331,000
2018 $7,913 $363,200 $48,900 $314,300
2017 $7,486 $330,200 $48,900 $281,300
2016 $7,302 $314,200 $46,900 $267,300
2015 $6,701 $259,200 $46,900 $212,300
2014 $6,070 $259,200 $46,900 $212,300
2013 $5,910 $251,200 $46,900 $204,300
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Minerick

    Seller's Agent in 2023

    Jonathan Minerick

    Homecoin.com

    (888) 400-2513

    3 in this area

    7,020 Total Sales

    Jonathan Minerick
    Section Image
  • Krista Potter

    Buyer's Agent in 2023

    Krista Potter

    First Weber Inc

    (608) 469-7377

    1 in this area

    43 Total Sales

    Krista Potter
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1958030

South Central Wisconsin Multiple Listing Service

APN: 0710-052-2730-3

Wisconsin Dane County Madison 53704 Atwood

2954 Milwaukee St, Madison, WI

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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