509 Memphis Ave Madison, WI 53714
Worthington Park Neighborhood
2
Beds
2
Baths
821
Sq Ft
7,841
Sq Ft Lot
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 2021BRING YOUR IDEAS! 2 Bedroom, 2 Bath Bungalow that has living room with arched doorway, light and bright step-saver kitchen and 2 bedrooms on the main floor. Walk out lower level rec room plus second full bath. Attached 2 car garage. Large backyard!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,812
Year Built
- Built in 1940
Parking
- 2 Car Attached Garage
Home Design
- Ranch Style House
- Bungalow
- Wood Siding
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
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
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
4.66%
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
Similar Homes in Madison, WI
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $255,000 | None Available | |
| Special Warranty Deed | $155,300 | None Available | |
| Sheriffs Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $229,500 | New Conventional | |
| Previous Owner | $156,000 | Commercial | |
| Previous Owner | $187,500 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $162,000 | Reverse Mortgage Home Equity Conversion Mortgage |
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
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
79 Total Sales
-
Matt Kornstedt
Seller's Agent in 2021
Matt Kornstedt
Stark Company, REALTORS
(608) 345-7943
5 in this area
1,833 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1896142
APN: 0710-051-2296-4
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.
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
- 524 Memphis Ave
- 313 Rethke Ave
- 209 Rosemary Ave
- 638 Fairmont Ave
- 3237 Milwaukee St
- 3238 Ridgeway Ave
- 2835 Hoard St
- 2833 Union St
- 2833 Hoard St
- 418 Algoma St
- 914 N Oak St
- 37 Lansing St
- 206 Dixon St
- 2678 Hoard St Unit 1
- 2670 Hoard St Unit 1
- 2702 Coolidge St
- 3517 Prairie Ave
- 3143 Lindbergh St
- 3413 Graceland Ave
- 2528 E Washington Ave