NOT LISTED FOR SALE

508 Powers Ave Madison, WI 53714

Worthington Park Neighborhood

Estimated Value: $319,000 - $340,351

3 Beds
1 Bath
1,445 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $288,000 $199 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,993/month

5 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 4-minute walk to Thurber Park
  • Bathtub
  • Water Softener

About This Home

As of June 2022

This lovely East Madison ranch home is a great combination of quality and value! Enjoy a bright and fully updated kitchen with granite countertops and stainless steel appliances, tons of natural light, functional layout and a spacious lower level provides plenty of recreational space and extra storage. This home is loaded with updates, including roof, windows, siding, bathroom, flooring, mechanicals and more! Spacious back yard is excellent for entertaining or lounging. Great location close to schools, parks, shopping, dining, and easy access to major highways and downtown Madison.

Last Agent to Sell the Property

Cheng Real Estat Group

Real Broker LLC Listed on: 05/05/2022

Last Buyer's Agent

Alise Wasserburger

Realty Executives Cooper Spransy License #79610-94

Realty Executives Cooper Spransy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,410

Year Built

  • Built in 1956

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • Paved Parking

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener
  • Cable TV Available

Community Details

  • E L Gallagher Plat Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,410

Year Built

Built in 1956

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 Excluded: Seller's Personal Items.
  • Items Included: Range/Oven, Refrigerator, Microwave, Dishwasher, Washer, Dryer, Water Softener.
  • Year Built: 1956
  • Above Grade Sold Price Per Sq Ft: 291.5
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 988
  • Finished Non Exp Sq Ft: 457
  • Finished Sq Ft: 1445
  • Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 13X12, On Level: M
  • Bedroom 2: Dimensions: 11X9, On Level: M
  • Bedroom 3: Dimensions: 11X8, On Level: M
  • Kitchen: Dimensions: 11X11, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 13X13, On Level: M
  • Dining Area: Dimensions: 9X7, On Level: M
  • Family Room: Dimensions: 19X25, On Level: L
  • Laundry: On Level: L
  • Basement: Full, Partially finished
  • Interior Amenities: Washer, Dryer, Water softener inc, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Driveway: Paved

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.19
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3410
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 13, 2022
Sold by
Frieling Jacob and Ritter Alexandra
Bought by
Magrady Brittany L and Beld Alexander J
Seller's Agent
Cheng Real Estat Group
Real Broker LLC
Buyer's Agent
Alise Wasserburger
Realty Executives Cooper Spransy
List Price
$249,000
Sold Price
$288,000
Premium/Discount to List
$39,000
15.66%
Current Estimated Value
$330,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,088
Avg. Annual Appreciation
3.87%
Original Mortgage
$238,000
Outstanding Balance
$226,458
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$103,630

Purchase Details

Listed on
Feb 11, 2019
Closed on
Mar 28, 2019
Sold by
Madison Homebuyers Llc
Bought by
Ritter Alexandra and Frieling Jacob
Seller's Agent
Ken Seifert
Realty Executives Capital City
Buyer's Agent
Jack Cheng
Real Broker LLC
List Price
$214,900
Sold Price
$214,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$171,900
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2018
Sold by
Dane County Sheriff
Bought by
Madison Homebuyers Llc
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
Magrady Brittany L $288,000 None Listed On Document
Ritter Alexandra $214,900 None Available
Madison Homebuyers Llc $100,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magrady Brittany L $238,000
Previous Owner Ritter Alexandra $171,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Sold $288,000 +15.7% $199 / Sq Ft
05/05/2022 05/05/22 For Sale $249,000 +15.9% $172 / Sq Ft
04/01/2019 04/01/19 Sold $214,900 0.0% $149 / Sq Ft View Prior Sale
02/11/2019 02/11/19 For Sale $214,900 -- $149 / 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 $3,186 $288,000 $91,500 $196,500
2023 $3,755 $195,900 $51,000 $144,900
2022 $3,611 $195,900 $51,000 $144,900
2021 $3,410 $195,900 $51,000 $144,900
2020 $3,221 $195,900 $51,000 $144,900
2019 $3,091 $188,000 $51,000 $137,000
2018 $2,915 $168,600 $51,000 $117,600
2017 $2,990 $168,600 $51,000 $117,600
2016 $3,426 $168,600 $51,000 $117,600
2015 $3,313 $168,600 $51,000 $117,600
2014 $3,543 $168,600 $51,000 $117,600
2013 $3,527 $168,600 $51,000 $117,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cheng Real Estat Group

    Real Broker LLC

    (608) 957-2683

    1 in this area

    409 Total Sales

    Cheng Real Estat Group
    Section Image
  • Alise Wasserburger

    Buyer's Agent in 2022

    Alise Wasserburger

    Realty Executives

    (608) 438-4689

    2 in this area

    72 Total Sales

    Alise Wasserburger
    Section Image
  • Ken Seifert

    Seller's Agent in 2019

    Ken Seifert

    Realty Executives

    (608) 235-6951

    44 Total Sales

    Ken Seifert
    Section Image
  • Jack Cheng

    Buyer's Agent in 2019

    Jack Cheng

    Real Broker LLC

    (608) 957-2683

    1 in this area

    186 Total Sales

    Jack Cheng
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1933511

South Central Wisconsin Multiple Listing Service

APN: 0710-051-2351-6

Wisconsin Dane County Madison 53714 Worthington Park

508 Powers Ave, Madison, WI

Not Listed for Sale

Detached

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