NOT LISTED FOR SALE

502 Powers Ave Madison, WI 53714

Worthington Park Neighborhood

Estimated Value: $295,000 - $318,731

2 Beds
1 Bath
780 Sq Ft
$395/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2023

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

Est. 11% increase in value since last sale

Current estimated payment $1,976 / mo

12 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Water Softener
  • Wood Flooring
  • Forced Air Heating and 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 Heating and Cooling System
  • Water Softener

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

6,098 Sq Ft Lot

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 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 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

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

Lot Info

  • Estimated Aces: 0.14
  • Zoning: R-3
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 35924
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 12, 2023
Sold by
Bought by
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
$311,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,140
Avg. Annual Appreciation
3.28%
Original Mortgage
$266,000
Interest Rate
0.0679%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2012
Closed on
Apr 30, 2012
Sold by
Bought by
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
0.0408%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 5, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$280,000 None Listed On Document
$90,000 None Available
$127,000 None Available
$127,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $266,000
Closed $90,000
Closed $31,000
Closed $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,541 $280,000 $68,600 $211,400
2023 $2,897 $150,200 $38,300 $111,900
2022 $3,592 $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

  • J

    Seller's Agent in 2023

    Justin Gruchow

    Century 21 Affiliated

    Section Image
  • Asher Masino

    Buyer's Agent in 2023

    Asher Masino

    Lauer Realty Group, Inc.

    (608) 509-8563

    1 in this area

    208 Total Sales

    Asher Masino
    Section Image
  • Paul Voss

    Seller's Agent in 2012

    Paul Voss

    Stark Company, REALTORS

    (608) 220-7577

    38 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

    145 Total Sales

    Carlos Alvarado
    Section Image
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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

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.

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