NOT LISTED FOR SALE

509 Memphis Ave Madison, WI 53714

Worthington Park Neighborhood

Estimated Value: $284,000 - $361,000

2 Beds
2 Baths
883 Sq Ft
$367/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $255,000 $289 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,071/month

9 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Cooling System
  • Accessible Full Bathroom
  • 2 Car Attached Garage
  • Accessible Bedroom
  • 4-minute walk to Thurber Park

About This Home

As of June 2021

Completely renovated home on a quiet street with easy access to downtown and main highways! Tastefully redone kitchen with stainless steel appliances, soft close cabinets and backsplash. Main floor has beautiful hardwood floors, new windows and a contemporary bathroom finish. Lower level has spacious rec room area with vinyl plank flooring, large glass block windows, and another full bath. Lower level door leads to a large flat yard with many possibilities. Other new features include new roof, siding, and water heater. Garage doors have been ordered, will be installed. This home is a must see!

Last Agent to Sell the Property

Daron Lenzendorf

Powerhouse Team Realty License #50360-90 Listed on: 05/18/2021

Last Buyer's Agent

Matt Kornstedt

Stark Company, REALTORS

Stark Company, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,960

Year Built

  • Built in 1940

Lot Details

  • 7,841

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Bungalow
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

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

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Additional Features

  • Laundry on lower level
  • 7,841 Sq Ft Lot

Community Details

  • E L Gallagher Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,960

Year Built

Built in 1940

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, Bungalow
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Excluded: Seller's personal property
  • Items Included: Range/oven, refrigerator, microwave, dishwasher
  • Year Built: 1940
  • Above Grade Price Per Sq Ft: 416.5
  • Above Grade Sold Price Per Sq Ft: 425
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 600
  • Finished Non Exp Sq Ft: 283
  • Finished Sq Ft: 883
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 11x09, On Level: M
  • Bedroom 2: Dimensions: 10x09, On Level: M
  • Kitchen: Dimensions: 10x08, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 13x12, On Level: M
  • Family Room: Dimensions: 22x10, On Level: L
  • Laundry: On Level: L
  • Basement: Full, Walkout to yard, Partially finished
  • Interior Amenities: Cable available
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Attached, Access to Basement
  • Total Full Garage Stalls: 2

Utilities

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

Schools

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

Lot Info

  • Assessor Parcel Number: 0710-051-2296-4
  • Estimated Aces: 0.18
  • Zoning: R-1
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 51000
  • Improvements: 79500
  • Total Assessment: 130500
  • Assessment year: 2021
  • Net Taxes: 2960
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 28, 2021
Sold by
Lugatich Properties Llc
Bought by
Chapman Douglas P and Kisting Andrea R
Seller's Agent
Daron Lenzendorf
Powerhouse Team Realty
Buyer's Agent
Matt Kornstedt
Stark Company, REALTORS
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%
Current Estimated Value
$323,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,678
Avg. Annual Appreciation
4.69%
Original Mortgage
$229,500
Outstanding Balance
$210,479
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$98,081

Purchase Details

Listed on
Oct 16, 2020
Closed on
Mar 8, 2021
Sold by
The Money Source Inc
Bought by
Lugatich Properties Llc
Seller's Agent
Matt Kornstedt
Stark Company, REALTORS
Buyer's Agent
Daron Lenzendorf
Powerhouse Team Realty
List Price
$175,000
Sold Price
$155,250
Premium/Discount to List
-$19,750
-11.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
453.52%
Original Mortgage
$156,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2020
Sold by
Dane County Sheriff
Bought by
Money Source Inc
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
Chapman Douglas P $255,000 None Available
Lugatich Properties Llc $155,300 None Available
Money Source Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Douglas P $229,500
Previous Owner Lugatich Properties Llc $156,000
Previous Owner Vial Eugene E $187,500
Previous Owner Vial Eugene E $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $255,000 +2.0% $289 / Sq Ft
05/18/2021 05/18/21 For Sale $249,900 +61.0% $283 / Sq Ft
03/15/2021 03/15/21 Sold $155,250 -3.0% $189 / Sq Ft
02/12/2021 02/12/21 Price Changed $160,000 -3.8% $195 / Sq Ft
12/16/2020 12/16/20 Price Changed $166,250 -5.0% $202 / Sq Ft
10/16/2020 10/16/20 For Sale $175,000 -- $213 / 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 $3,699 $308,900 $91,500 $217,400
2023 $3,669 $191,300 $51,000 $140,300
2021 $2,302 $130,500 $51,000 $79,500
2020 $2,959 $130,500 $51,000 $79,500
2019 $2,812 $130,500 $51,000 $79,500
2018 $2,447 $117,000 $51,000 $66,000
2017 $2,443 $117,000 $51,000 $66,000
2016 $2,395 $117,000 $51,000 $66,000
2015 $2,322 $117,000 $51,000 $66,000
2014 $2,481 $117,000 $51,000 $66,000
2013 $2,685 $117,000 $51,000 $66,000
Source: Public Records

Agents Affiliated with this Home

  • Daron Lenzendorf

    Seller's Agent in 2021

    Daron Lenzendorf

    Powerhouse Team Realty

    (608) 345-3381

    2 in this area

    80 Total Sales

    Daron Lenzendorf
    Section Image
  • Matt Kornstedt

    Seller's Agent in 2021

    Matt Kornstedt

    Stark Company, REALTORS

    (608) 345-7943

    5 in this area

    1,820 Total Sales

    Matt Kornstedt
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1909489

South Central Wisconsin Multiple Listing Service

APN: 0710-051-2296-4

Wisconsin Dane County Madison 53714 Worthington Park

509 Memphis Ave, Madison, WI

This home is located at 509 Memphis Ave, Madison, WI 53714 since 18 May 2021 and is currently estimated at $323,678, approximately $366 per square foot. This property was built in 1940. 509 Memphis 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