NOT LISTED FOR SALE

405 Maywood St Unit 1 Madison, WI 53704

Eken Park Neighborhood

Estimated Value: $476,000 - $513,692

4 Beds
2 Baths
1,782 Sq Ft
$275/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $409,191 $230 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,050/month

1 Day on Market

Highlights

  • Wood Flooring
  • Property is near a bus stop
  • Water Softener is Owned
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of April 2023

Sold Comp

Last Agent to Sell the Property

Jenny Swain

Jenny Swain and Associates License #51827-90 Listed on: 04/03/2023

Jenny Swain and Associates

Last Buyer's Agent

Jenny Swain

Jenny Swain and Associates License #51827-90 Listed on: 04/03/2023

Jenny Swain and Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,989

Year Built

  • Built in 1940

Lot Details

  • 6,970

Parking

  • 2 Covered Spaces

Home Design

  • Duplex
  • Stone Exterior Construction

Interior Spaces

  • Family Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Schools

  • Emerson Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned

Additional Features

  • 6,970 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-061-2822-9

Community Details

Overview

  • 2 Units
  • North Gardens Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,989

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Units W Ac: 2
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel, 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
  • Utilities: Separate elec meters, Separate gas meters

Schools

  • Elementary School: Emerson
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.16
  • Zoning: TR-C4
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6989
  • Tax Year: 2022
  • Assessor Parcel Number: 0710-061-2822-9

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Apr 28, 2023
Sold by
Swain Living Trust
Bought by
Swain Evan and Swain Naomi R
Seller's Agent
Jenny Swain
Jenny Swain and Associates
Buyer's Agent
Jenny Swain
Jenny Swain and Associates
List Price
$409,191
Sold Price
$409,191
Current Estimated Value
$489,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,232
Avg. Annual Appreciation
7.42%
Original Mortgage
$339,191
Outstanding Balance
$330,115
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$159,308

Purchase Details

Closed on
Apr 23, 2020
Sold by
Tedsha Ventures Llc
Bought by
Swain John A and Swain Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2016
Closed on
Oct 3, 2016
Sold by
Maywood Place Llc
Bought by
Tedsha Ventures Llc
Seller's Agent
Steve Reese
South Central Non-Member
Buyer's Agent
Abe Meinke
Century 21 Affiliated
List Price
$224,900
Sold Price
$222,000
Premium/Discount to List
-$2,900
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%

Purchase Details

Closed on
May 11, 2009
Sold by
Handford Karen and Handford Thomas
Bought by
Maywood Place Llc

Purchase Details

Closed on
May 7, 2008
Sold by
Handford Karen
Bought by
Handford Karen and Handford Thomas

Purchase Details

Closed on
May 6, 2008
Sold by
Haug Glenda
Bought by
Handford Karen and Handford Thomas

Purchase Details

Closed on
May 5, 2008
Sold by
Bernhardt Carolyn
Bought by
Handford Karen and Handford Thomas
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
Swain Evan $409,200 None Listed On Document
Swain John A $360,000 None Available
Tedsha Ventures Llc $222,000 Attorney
Maywood Place Llc -- None Available
Handford Karen -- None Available
Handford Karen $65,500 None Available
Handford Karen $65,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swain Evan $339,191
Previous Owner Swain John A $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $409,191 0.0% $230 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $409,191 +13.7% $230 / Sq Ft
04/30/2021 04/30/21 Sold $360,000 -3.9% $202 / Sq Ft View Prior Sale
03/13/2021 03/13/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $374,500 +4.0% $210 / Sq Ft
02/26/2021 02/26/21 Off Market $360,000 -- --
10/03/2016 10/03/16 Sold $222,000 -1.3% $125 / Sq Ft View Prior Sale
08/30/2016 08/30/16 Pending -- -- --
08/27/2016 08/27/16 For Sale $224,900 -- $126 / 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 $14,980 $427,800 $136,600 $291,200
2023 $7,220 $399,800 $127,700 $272,100
2021 $5,276 $249,400 $99,100 $150,300
2020 $5,109 $230,900 $91,800 $139,100
2019 $5,028 $226,400 $87,400 $139,000
2018 $4,922 $222,000 $87,400 $134,600
2017 $5,100 $222,000 $81,700 $140,300
2016 $4,314 $183,300 $81,700 $101,600
2015 $4,149 $169,500 $72,100 $97,400
2014 $4,029 $169,500 $72,100 $97,400
2013 $3,875 $164,600 $70,000 $94,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1955129

South Central Wisconsin Multiple Listing Service

APN: 0710-061-2822-9