Seller's Agent in 2023
April Johnson
Rooted Real Estate
(608) 358-7481
3 in this area
100 Total Sales
3518 Richard St Madison, WI 53714
Eastmorland NeighborhoodEstimated Value: $281,000 - $330,000
3
Beds
1
Bath
855
Sq Ft
$356/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Wood Flooring
- Attached Garage
- Ranch Style House
- Corner Lot
- Bathtub
About This Home
As of December 2023Show 11/29. Location, location! Gem of an opportunity! Invest a little elbow grease & make this home shine! Open kitchen & living room w/ large, south-facing picture window. Nice sized lot with expanse of yard to the east. Eastmorland Neighborhood near Olbrich, Atwood, Garver, & Lake Monona. Schenk Elementary, Whitehorse Middle School, & Woodman's Market are a stone's throw away. Hop on the Capital City bike commuter trail, walk over to the Biergarten on the shores of Lake Monona, stroll through Olbrich Gardens, or enjoy one of the many nearby parks and playgrounds. Updates include: double pane windows, vinyl siding, kitchen cabinets & countertops. Fridge '16, furnace '16, water heater '21, garage roof '16. Main roof is in need of repair or replacement, washer needs repair or replacement. For more information visit TheAlvaradoGroup.com or call 608-358-7481 for a showing.
Last Agent to Sell the Property
Rooted Real Estate License #56499-90 Listed on: 11/20/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,255
Year Built
- Built in 1949
Lot Details
- 6,534 Sq Ft Lot
- Corner Lot
- Level Lot
- Property is zoned TR-C1
Home Design
- Ranch Style House
- Vinyl Siding
Interior Spaces
- 855 Sq Ft Home
- Open Floorplan
- Wood Burning Fireplace
- Wood Flooring
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
- Bathtub and Shower Combination in Primary Bathroom
- Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- Attached Garage
- Driveway Level
Accessible Home Design
- Level Entry For Accessibility
- Low Pile Carpeting
Location
- Property is near bus stop
Schools
- Schenk Elementary School
- Whitehorse Middle School
- Lafollette High School
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Water Softener
Community Details
- Tilton Midlands Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 20, 2023
Closed on
Dec 29, 2023
Sold by
Gorman Michael P and Gorman Toni L
Bought by
Vargas Tracy and Vargas Richard
Seller's Agent
April Johnson
Rooted Real Estate
Buyer's Agent
Tobi Silgman
Lauer Realty Group, Inc.
List Price
$245,000
Sold Price
$251,000
Premium/Discount to List
$6,000
2.45%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,115
Avg. Annual Appreciation
9.77%
Original Mortgage
$243,470
Outstanding Balance
$239,589
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$64,526
Purchase Details
Closed on
Aug 9, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gorman Michael P and Gorman Toni L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,720
Interest Rate
4.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2011
Sold by
Schemehorn Steven and Schemehorn Nicole
Bought by
Federal Home Loan Mortgage Corp
Purchase Details
Closed on
Sep 6, 2006
Sold by
Harmel Lou Ann and The Estate Of Howard D Theobal
Bought by
Schemehorn Steven and Shemehorn Nicole
Purchase Details
Closed on
Jun 29, 2006
Sold by
Harmel Lou Ann and The Estate Of Howard D Theobal
Bought by
Schemehorn Steven and Shemehorn Nicole
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vargas Tracy | $251,000 | Knight Barry Title | |
| Gorman Michael P | -- | First American Els | |
| Federal Home Loan Mortgage Corp | -- | None Available | |
| Schemehorn Steven | $100,000 | Reliance Title Services Llc | |
| Schemehorn Steven | $100,000 | Reliance Title Services Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vargas Tracy | $243,470 | |
| Previous Owner | Gorman Michael P | $60,720 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2023 12/29/23 | Sold | $251,000 | +2.4% | $294 / Sq Ft |
| 12/01/2023 12/01/23 | Pending | -- | -- | -- |
| 11/28/2023 11/28/23 | For Sale | $245,000 | -2.4% | $287 / Sq Ft |
| 11/20/2023 11/20/23 | Off Market | $251,000 | -- | -- |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $4,441 | $234,800 | $63,400 | $171,400 |
| 2022 | $8,511 | $206,700 | $55,800 | $150,900 |
| 2021 | $4,063 | $181,300 | $55,800 | $125,500 |
| 2020 | $3,915 | $166,300 | $51,200 | $115,100 |
| 2019 | $3,792 | $159,900 | $49,200 | $110,700 |
| 2018 | $3,463 | $146,700 | $49,200 | $97,500 |
| 2017 | $3,119 | $137,100 | $44,700 | $92,400 |
| 2016 | $2,907 | $124,600 | $40,600 | $84,000 |
| 2015 | $2,822 | $116,300 | $40,600 | $75,700 |
| 2014 | $2,740 | $116,300 | $40,600 | $75,700 |
| 2013 | $2,555 | $114,000 | $40,600 | $73,400 |
Source: Public Records
Agents Affiliated with this Home
-
April Johnson
-
Tobi Silgman
Buyer's Agent in 2023
Tobi Silgman
Lauer Realty Group, Inc.
(608) 279-3591
10 in this area
247 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1967634
APN: 0710-043-0429-3
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.
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.
Nearby Homes
- 3401 Dawes St Unit 1
- 3606 Atwood Ave
- 122 Lynnhaven Rd
- 3937 Tulane Ave
- 835 Silas St
- 4130 Alvarez Ave
- 206 Dixon St
- 5126 Walbridge Ave
- 3162 Webb Ave
- 256 Waubesa St
- 305 Belmont Rd
- 174 Talmadge St
- 809 Fairmont Ave
- 518 Bowman Ave
- Lot 3 Bellevine Ct
- 816 Melvin Ct Unit 1
- 3214 E Washington Ave
- 4515 Martha Ln
- 4525 Martha Ln
- 4309 Hegg Ave