NOT LISTED FOR SALE

409 E Washington Ave Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $573,000 - $632,000

4 Beds
2.5 Baths
1,665 Sq Ft
$359/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $500,000 $300 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,738/month

9 Days on Market

Highlights

  • Wood Flooring
  • Great Room
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

First Settlement Neighborhood. 3 blocks to the Capital Square. This home was significantly renovated in 2013. Large rooms with open first level floor plan. Generous storage in basement and attached garage. Listing Broker is related to the Seller.

Last Agent to Sell the Property

Michael Metzger

McGrath Property Group, LLC License #56657-90 Listed on: 06/22/2022

Last Buyer's Agent

Michael Metzger

McGrath Property Group, LLC License #56657-90 Listed on: 06/22/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,099

Year Built

  • Built in 1885

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Property is zoned DR1

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,665 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Additional Features

  • Property is near bus stop
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,099

Year Built

Built in 1885

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story, Multi-level
  • Barrier Free: Level lot
  • Items Included: Stove, Fridge, Washer/ Dryer
  • Year Built: 1885
  • Above Grade Sold Price Per Sq Ft: 300.3
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 1665
  • Finished Sq Ft: 1665
  • Bedrooms: 4
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 15x14, On Level: U
  • Bedroom 2: Dimensions: 16x14, On Level: U
  • Bedroom 3: Dimensions: 11x10, On Level: U
  • Bedroom 4: Dimensions: 11x7, On Level: M
  • Kitchen: Dimensions: 14x13, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Freezer, Disposal
  • Living Room: Dimensions: 15x14, On Level: M
  • Basement: Full, Stubbed for Bathroom
  • Interior Amenities: Wood or sim. wood floor, Walk-in closet(s), Great room, Washer, Dryer, Jetted bathtub, Split bedrooms
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Attached
  • Total Full Garage Stalls: 2

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.1
  • Lot Description: Close to busline, Sidewalk
  • Zoning: DR1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 8099
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Sep 16, 2022
Sold by
Metzger Robert C and Metzger Mary B
Bought by
Bachleitner Joan and Glover Edward
Seller's Agent
Michael Metzger
McGrath Property Group, LLC
Buyer's Agent
Michael Metzger
McGrath Property Group, LLC
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%
Current Estimated Value
$597,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,223
Avg. Annual Appreciation
5.18%
Original Mortgage
$375,000
Outstanding Balance
$354,866
Interest Rate
4.99%
Mortgage Type
Balloon
Estimated Equity
$242,357

Purchase Details

Closed on
May 23, 2014
Sold by
Metzger Robert C
Bought by
Metzger Robert C and Metzger Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2012
Closed on
May 3, 2013
Sold by
Price Frances E
Bought by
Metzger Robert C
Seller's Agent
Ruth Schultz
First Weber Inc
Buyer's Agent
Michael Metzger
McGrath Property Group, LLC
List Price
$240,000
Sold Price
$210,000
Premium/Discount to List
-$30,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$203,700
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bachleitner Joan $500,000 --
Metzger Robert C -- None Available
Metzger Robert C $203,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bachleitner Joan $375,000
Previous Owner Metzger Robert C $203,000
Previous Owner Metzger Robert C $203,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2022 09/16/22 Sold $500,000 -4.8% $300 / Sq Ft
06/27/2022 06/27/22 Price Changed $525,000 -8.7% $315 / Sq Ft
06/22/2022 06/22/22 For Sale $575,000 +173.8% $345 / Sq Ft
05/10/2013 05/10/13 Sold $210,000 -12.5% $126 / Sq Ft View Prior Sale
04/08/2013 04/08/13 Pending -- -- --
10/10/2012 10/10/12 For Sale $240,000 -- $144 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $19,231 $540,000 $139,100 $400,900
2023 $9,051 $500,000 $139,100 $360,900
2022 $16,428 $418,800 $139,100 $279,700
2021 $8,099 $380,700 $139,100 $241,600
2020 $8,225 $369,600 $135,000 $234,600
2019 $8,258 $369,600 $219,600 $150,000
2018 $7,163 $308,000 $183,000 $125,000
2017 $7,106 $308,000 $183,000 $125,000
2016 $6,632 $280,000 $166,400 $113,600
2015 $6,653 $265,000 $166,400 $98,600
2014 $6,342 $265,000 $166,400 $98,600
2013 $4,006 $177,200 $157,000 $20,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Metzger

    McGrath Property Group, LLC

    (608) 298-6998

    1 in this area

    7 Total Sales

    Michael Metzger
    Section Image

  • R

    Seller's Agent in 2013

    Ruth Schultz

    First Weber Inc

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1937546

South Central Wisconsin Multiple Listing Service

APN: 0709-133-1902-0

Wisconsin Dane County Madison 53703 Downtown Madison

409 E Washington Ave, Madison, WI

Not Listed for Sale

Detached

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