NOT LISTED FOR SALE

506 Ring St Madison, WI 53714

Eastmorland Neighborhood

Estimated Value: $259,000 - $315,000

1 Bed
1 Bath
600 Sq Ft
$477/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $175,000 $292 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,784/month

3 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Bonus Room
  • Detached Garage
  • Bungalow

About This Home

As of August 2019

No Showings till Open House 6/29. Sweet home very close to Olbrich, hard to beat. Many updates make this cutie a winner. Brand new (6-19) vinyl siding, freshly painted interior. In the last two years, a new furnace (2018), water heater, water softener, driveway and roof. Maybe add an escape well in the LL and make a 2nd bedroom. Stop renting, start owning.

Last Agent to Sell the Property

Mary Arnold

South Central Non-Member License #31668-90 Listed on: 06/28/2019

Last Buyer's Agent

Dan Chin

Real Broker LLC License #77252-94

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 1942

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 48x120
  • Fenced Yard
  • Level Lot
  • Property is zoned TR-C2

Home Design

  • Bungalow
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Bonus Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Detached Garage
  • Driveway Level

Location

  • Property is near bus stop

Schools

  • Schenk Elementary School
  • Whitehorse Middle School
  • Lafollette High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener

Community Details

  • Lake View Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,661

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Bungalow
  • Barrier Free: Level drive, Level lot
  • Year Built: 1942
  • Above Grade Sold Price Per Sq Ft: 291.67
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 600
  • Finished Sq Ft: 600
  • Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 14x09, On Level: M
  • Kitchen: Dimensions: 11x10, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator
  • Living Room: Dimensions: 14x13, On Level: M
  • Other Rooms: Bonus Room
  • Other Room 1: Bonus Room, Dimensions: 23x13, On Level: L
  • Basement: Full, Poured concrete foundatn
  • Interior Amenities: Wood or sim. wood floor, Water softener inc
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Paved
  • Garage: 1 car, Detached
  • Total Full Garage Stalls: 1

Utilities

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

Schools

  • Elementary School: Schenk
  • High School: Lafollette
  • Middle School: Whitehorse
  • School District: Madison

Lot Info

  • Estimated Aces: 0.13
  • Lot Description: Close to busline
  • Lot Dimensions: 48X120
  • Zoning: TR-C2
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 2661
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 2, 2019
Sold by
Nelson Charles E and Nelson Patricia A
Bought by
Ray Linda
Seller's Agent
Mary Arnold
South Central Non-Member
Buyer's Agent
Dan Chin
Real Broker LLC
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$286,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,485
Avg. Annual Appreciation
7.97%
Original Mortgage
$166,250
Outstanding Balance
$145,902
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$140,583
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

Date Buyer Sale Price Title Company
Ray Linda $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Linda $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2019 08/02/19 Sold $175,000 0.0% $292 / Sq Ft
06/28/2019 06/28/19 For Sale $175,000 -- $292 / 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 $9,003 $259,000 $67,700 $191,300
2023 $4,421 $246,700 $64,500 $182,200
2022 $8,438 $217,200 $56,800 $160,400
2021 $4,010 $190,500 $56,800 $133,700
2020 $3,848 $174,800 $52,100 $122,700
2019 $2,993 $136,200 $50,100 $86,100
2018 $2,661 $121,600 $50,100 $71,500
2017 $2,571 $113,600 $45,500 $68,100
2016 $2,396 $103,300 $41,400 $61,900
2015 $2,326 $96,400 $41,400 $55,000
2014 $2,258 $96,400 $41,400 $55,000
2013 $2,290 $94,500 $41,400 $53,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mary Arnold

    South Central Non-Member

    Section Image
  • Dan Chin

    Buyer's Agent in 2019

    Dan Chin

    Real Broker LLC

    (608) 438-2600

    6 Total Sales

    Dan Chin
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1861884

South Central Wisconsin Multiple Listing Service

APN: 0710-092-0706-2

Wisconsin Dane County Madison 53714 Eastmorland

506 Ring St, Madison, WI

Not Listed for Sale

Detached

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