NOT LISTED FOR SALE

501 N Fair Oaks Ave Madison, WI 53714

Atwood Neighborhood

Estimated Value: $361,000 - $402,262

4 Beds
2 Baths
1,864 Sq Ft
$209/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $365,000 $196 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,387/month

7 Days on Market

Highlights

  • Eat-In Kitchen
  • Accessible Full Bathroom
  • Water Softener is Owned
  • Accessible Bedroom
  • Property is near a bus stop
  • 2-minute walk to Thurber Park

About This Home

As of February 2024

LOOKING FOR AN INVESTMENT PROPERTY?! 2-Flat Near Madison's Desirable Atwood Avenue Area! Unit #501 has a Kitchen w/Dinette Area (includes NEW stove w/Air Fryer in 2023, refrigerator & dishwasher), Great Room w/Hardwood Floors, 2 Bedrooms, 1 Full Bath, Sunroom/Office Area, Basement Laundry + 2 Outdoor Parking Stalls! Unit #503 has a Kitchen w/Dinette Area (includes NEW stove in 2021 & refrigerator), Great Room w/Hardwood Floors, 2 Bedrooms, 1 Full Bath, Sunroom/Office Area, Basement Laundry + 2 Outdoor Parking Stalls! Both units also have 1 A/C unit + 1 portable A/C unit! Both units share the walkout Basement w/Plenty of Storage! Both Units Repainted in 2022/2023! NEW Windows-2022! NEW Roof-2021! NEW Stairs on Back Deck-2020! NEW Water Softener-Approx 2018! Updated Water Heater-2013!

Last Agent to Sell the Property

Acker Maly Home Team

RE/MAX Preferred Listed on: 01/29/2024

Last Buyer's Agent

Lauren Stark

Sprinkman Real Estate License #95721-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,252

Year Built

  • Built in 1932

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Open Parking Spaces
  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • Washer and Dryer
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0710-051-0614-2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,252

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Municipality: Blooming Grove
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot, Low pile or no carpeting
  • Items Excluded: Seller's/tenant's personal property
  • Items Included: 2 stoves, 2 refrigerators, 1 dishwasher, 2 washers, 2 dryers, 1 furnace, 2 A/C units + 2 portable A/C units, 1 water softener
  • Miscellaneous: Close to bus line, Water Softener Owned
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard
  • Number Dish Washers: 1
  • Number Dryers: 2
  • Number Units W Ac: 2
  • Number Washers: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside
  • Utilities: Separate elec meters

Schools

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

Lot Info

  • Estimated Aces: 0.12
  • Zoning: R-4
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 4252
  • Tax Year: 2022
  • Assessor Parcel Number: 0710-051-0614-2

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Weng Xianghui and Chen Xiao Ping
Bought by
Xianghui Weng And Xiao Ping Chen Revocable Tr and Weng
Current Estimated Value
$389,066

Purchase Details

Closed on
Jun 28, 2024
Sold by
Weng Xianghui and Chen Xiao Ping
Bought by
Xianghui Weng And Xiao Ping Chen Revocable Tr and Weng

Purchase Details

Listed on
Jan 29, 2024
Closed on
Feb 27, 2024
Sold by
Tallard Annette J
Bought by
Chen Xiao Ping and Weng Xianghui
Seller's Agent
Acker Maly Home Team
RE/MAX Preferred
Buyer's Agent
Lauren Stark
Sprinkman Real Estate
List Price
$374,900
Sold Price
$365,000
Premium/Discount to List
-$9,900
-2.64%
Views
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
3.92%

Purchase Details

Closed on
Jun 15, 2018
Sold by
Tallard Steven J and Tallard Annette J
Bought by
Tallard Steven J and Tallard Annette J

Purchase Details

Listed on
Nov 13, 2014
Closed on
Jan 29, 2015
Sold by
Haven Jessica M K and Haven Michael J H
Bought by
Tallard Steven J and Tallard Annette J
Seller's Agent
Guy Lofts
Real Broker LLC
Buyer's Agent
Brian Callahan
Brian Callahan, Broker
List Price
$200,000
Sold Price
$199,700
Premium/Discount to List
-$300
-0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$149,775
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2006
Sold by
Thompson David O and Thompson Tracy M
Bought by
Haven Jessica M K and Haven Michael J H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,030
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Xianghui Weng And Xiao Ping Chen Revocable Tr -- None Listed On Document
Xianghui Weng And Xiao Ping Chen Revocable Tr -- None Listed On Document
Chen Xiao Ping $365,000 None Listed On Document
Tallard Steven J -- None Available
Tallard Steven J $199,700 None Available
Haven Jessica M K $199,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tallard Steven J $149,775
Previous Owner Haven Jessica M K $193,030
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2024 02/27/24 Sold $365,000 -2.6% $196 / Sq Ft
01/29/2024 01/29/24 For Sale $374,900 +87.7% $201 / Sq Ft
01/30/2015 01/30/15 Sold $199,700 -0.2% $101 / Sq Ft View Prior Sale
12/11/2014 12/11/14 Pending -- -- --
11/13/2014 11/13/14 For Sale $200,000 -- $101 / 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 $4,092 $327,800 $58,300 $269,500
2023 $4,421 $222,500 $32,500 $190,000
2021 $4,038 $222,500 $32,500 $190,000
2020 $3,819 $222,500 $32,500 $190,000
2019 $3,810 $222,500 $32,500 $190,000
2018 $3,590 $199,000 $32,500 $166,500
2017 $3,675 $199,000 $32,500 $166,500
2016 $3,913 $199,000 $32,500 $166,500
2015 $4,050 $199,000 $32,500 $166,500
2014 $4,319 $199,000 $32,500 $166,500
2013 $4,244 $199,000 $32,500 $166,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Acker Maly Home Team

    RE/MAX

  • Lauren Stark

    Buyer's Agent in 2024

    Lauren Stark

    Sprinkman Real Estate

    (920) 243-3842

    1 in this area

    26 Total Sales

    Lauren Stark
    Section Image
  • Guy Lofts

    Seller's Agent in 2015

    Guy Lofts

    Real Broker LLC

    (608) 512-1123

    2 in this area

    63 Total Sales

    Guy Lofts
    Section Image

  • B

    Buyer's Agent in 2015

    Brian Callahan

    Brian Callahan, Broker

    (608) 383-5419

    3 Total Sales

    Brian Callahan
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1970391

South Central Wisconsin Multiple Listing Service

APN: 0710-051-0614-2

Wisconsin Dane County Madison 53714 Atwood

501 N Fair Oaks Ave, Madison, WI

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