NOT LISTED FOR SALE

502 Powers Ave Madison, WI 53714

Worthington Park Neighborhood

Estimated Value: $276,000 - $315,571

2 Beds
1 Bath
780 Sq Ft
$381/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $280,000 $359 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,888/month

12 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Water Softener
  • Wood Flooring
  • Forced Air Cooling System
  • 4-minute walk to Thurber Park

About This Home

As of July 2023

Showings to begin 6/8/23. Check out this beautiful ranch in the Fair Oaks neighborhood! This two bedroom home offers beautiful wood floors throughout the home. The large fenced in backyard includes a firepit for entertaining. Conveniently located on the east side of Madison, close to schools, parks and local shopping. Come make this lovely home yours! All offers are due by noon on 6/12/2023 with a binding acceptance through 6/13/2023.

Last Agent to Sell the Property

Justin Gruchow

Century 21 Affiliated License #88993-94 Listed on: 05/31/2023

Last Buyer's Agent

Asher Masino

Lauer Realty Group, Inc. License #79846-94

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced Yard
  • Property is zoned R-3

Parking

  • Paved Parking

Home Design

  • Ranch Style House
  • Poured Concrete

Interior Spaces

  • 780 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Lapham/Marquette Elementary School
  • Call School District Middle School
  • East High School

Utilities

  • Forced Air Cooling System
  • Water Softener

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Municipality: Blooming Grove
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Items Included: Range/Oven, Refrigerator, Washer and Dryer.
  • Year Built: 1957
  • Above Grade Price Per Sq Ft: 307.56
  • Above Grade Sold Price Per Sq Ft: 358.97
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 780
  • Finished Sq Ft: 780
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 12x10, On Level: M
  • Bedroom 2: Dimensions: 12x10, On Level: M
  • Kitchen: Dimensions: 13x10, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator
  • Living Room: Dimensions: 16x12, On Level: M
  • Basement: Full, Poured concrete foundatn
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener inc
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Aluminum/Steel
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Paved

Utilities

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

Schools

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

Lot Info

  • Assessor Parcel Number: 071005123409
  • Estimated Aces: 0.14
  • Zoning: R-3
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 38300
  • Improvements: 111900
  • Total Assessment: 150200
  • Assessment year: 2022
  • Net Taxes: 35924
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 12, 2023
Sold by
Whiting Benjamin R
Bought by
Pierce Erin and Salemi Rachel
Seller's Agent
Justin Gruchow
Century 21 Affiliated
Buyer's Agent
Asher Masino
Lauer Realty Group, Inc.
List Price
$239,900
Sold Price
$280,000
Premium/Discount to List
$40,100
16.72%
Views
69
Current Estimated Value
$297,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,393
Avg. Annual Appreciation
-0.62%
Original Mortgage
$266,000
Outstanding Balance
$260,948
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$15,317

Purchase Details

Listed on
Mar 7, 2012
Closed on
Apr 30, 2012
Sold by
Garton Nicholas W
Bought by
Whiting Benjamin R
Seller's Agent
Paul Voss
Stark Company, REALTORS
Buyer's Agent
Carlos Alvarado
Compass Real Estate Wisconsin
List Price
$104,900
Sold Price
$90,000
Premium/Discount to List
-$14,900
-14.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$50,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2005
Sold by
Garton Deirdre W
Bought by
Garton Nicholas W

Purchase Details

Closed on
Aug 5, 2005
Sold by
Grefsheim Gertrude I and Herron Gertrude I
Bought by
Garton Deiredre W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pierce Erin $280,000 None Listed On Document
Whiting Benjamin R $90,000 None Available
Garton Nicholas W $127,000 None Available
Garton Deiredre W $127,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Erin $266,000
Previous Owner Whiting Benjamin $90,000
Previous Owner Whiting Benjamin R $31,000
Previous Owner Whiting Benjamin R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $280,000 +16.7% $359 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $239,900 -14.3% $308 / Sq Ft
06/01/2023 06/01/23 Off Market $280,000 -- --
05/31/2023 05/31/23 For Sale $239,900 +166.6% $308 / Sq Ft
04/30/2012 04/30/12 Sold $90,000 -14.2% $115 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
03/07/2012 03/07/12 For Sale $104,900 -- $134 / 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 $3,361 $280,000 $68,600 $211,400
2023 $2,897 $150,200 $38,300 $111,900
2021 $3,395 $150,200 $38,300 $111,900
2020 $3,240 $150,200 $38,300 $111,900
2019 $3,012 $150,200 $38,300 $111,900
2018 $2,788 $134,700 $38,300 $96,400
2017 $2,594 $134,700 $38,300 $96,400
2016 $2,568 $134,700 $38,300 $96,400
2015 $2,662 $134,700 $38,300 $96,400
2014 $2,845 $134,700 $38,300 $96,400
2013 $2,779 $134,700 $38,300 $96,400
Source: Public Records

Agents Affiliated with this Home

  • Justin Gruchow

    Seller's Agent in 2023

    Justin Gruchow

    Century 21 Affiliated

    (608) 628-1890

    1 in this area

    11 Total Sales

    Justin Gruchow
    Section Image
  • Asher Masino

    Buyer's Agent in 2023

    Asher Masino

    Lauer Realty Group, Inc.

    (608) 509-8563

    2 in this area

    206 Total Sales

    Asher Masino
    Section Image
  • Paul Voss

    Seller's Agent in 2012

    Paul Voss

    Stark Company, REALTORS

    (608) 220-7577

    1 in this area

    46 Total Sales

    Paul Voss
    Section Image
  • Carlos Alvarado

    Buyer's Agent in 2012

    Carlos Alvarado

    Compass Real Estate Wisconsin

    (608) 438-6757

    1 in this area

    158 Total Sales

    Carlos Alvarado
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1956899

South Central Wisconsin Multiple Listing Service

APN: 0710-051-2340-9

Wisconsin Dane County Madison 53714 Worthington Park

502 Powers Ave, Madison, WI

This home is located at 502 Powers Ave, Madison, WI 53714 since 31 May 2023 and is currently estimated at $297,393, approximately $381 per square foot. This property was built in 1957. 502 Powers Ave is a home located in Dane County with nearby schools including Lowell Elementary School, O'Keeffe Middle, and East High School.

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.

Nearby Homes