NOT LISTED FOR SALE

514 Welch Ave Madison, WI 53704

Atwood Neighborhood

Estimated Value: $498,296 - $546,000

3 Beds
1 Bath
1,124 Sq Ft
$460/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $300,000 $267 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,933/month

Highlights

  • Water Views
  • 2 Car Detached Garage
  • Forced Air Cooling System
  • Wood Flooring
  • Bathtub
  • 4-minute walk to Elmside Circle Park

About This Home

As of June 2018

Offers to be reviewed THURSDAY 5/17 at 10 am. Light-filled 3 bedroom home with lake views. Large front porch. Natural woodwork throughout with refinished maple floors on the first floor and refinished pine floors upstairs. Large eat-in kitchen. All of the bedrooms have large closets. Home is over 100 years old but has been well maintained. Newer roof and furnace. Home has one of the largest lots in the neighborhood with a large backyard which is fenced on three sides. Detached two car garage. Wonderful, quiet neighborhood. The house is next to Olbrich sledding hill, Olbrich park and Lake Monona.

Last Agent to Sell the Property

Seth Pfaehler

The McGrady Group, LLC License #58575-90 Listed on: 05/07/2018

Co-Listed By

Matt McGrady

The McGrady Group, LLC License #53795-90

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,035

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned TR-C1

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,124 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Cooling System
  • Window Unit Cooling System
  • Water Softener
  • Cable TV Available

Community Details

  • Elmside Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,035

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Barrier Free: Stall shower
  • Year Built: 1910
  • Above Grade Sold Price Per Sq Ft: 266.9
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 1124
  • Finished Sq Ft: 1124
  • Bedrooms: 3
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 15x8, On Level: U
  • Bedroom 2: Dimensions: 10x13, On Level: U
  • Bedroom 3: Dimensions: 11x8, On Level: U
  • Kitchen: Dimensions: 11x12, On Level: M
  • Kitchen Features: Pantry, Range/Oven, Refrigerator
  • Living Room: Dimensions: 11x13, On Level: M
  • Dining Room: Dimensions: 12x11, On Level: M
  • Other Rooms: Foyer, Three-Season
  • Other Room 1: Foyer, Dimensions: 8x12, On Level: M
  • Other Room 2: Three-Season, Dimensions: 21x6, On Level: M
  • Laundry: On Level: L
  • Basement: Full, Shower only, Poured concrete foundatn
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener inc, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Waterfront: Waterview-No frontage
  • Exterior: Vinyl

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Detached
  • Total Full Garage Stalls: 2

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.12
  • Lot Description: Close to busline, Sidewalk
  • Zoning: TR-C1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6035
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Jun 14, 2018
Sold by
Brickson Debra and Brickson Connie
Bought by
Colello Jentri
Seller's Agent
Seth Pfaehler
The McGrady Group, LLC
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$306,000
Sold Price
$300,000
Premium/Discount to List
-$6,000
-1.96%
Current Estimated Value
$517,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,074
Avg. Annual Appreciation
7.64%
Original Mortgage
$180,000
Outstanding Balance
$155,670
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$361,404
Source: Public Records

Range of Values:

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Average Value
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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
Colello Jentri $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colello Jentri $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $300,000 -2.0% $267 / Sq Ft
05/07/2018 05/07/18 For Sale $306,000 -- $272 / 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 $14,555 $431,000 $138,200 $292,800
2023 $7,161 $410,500 $138,200 $272,300
2021 $6,587 $324,500 $120,200 $204,300
2020 $7,093 $315,000 $114,500 $200,500
2019 $6,469 $300,000 $104,100 $195,900
2018 $5,560 $258,700 $90,500 $168,200
2017 $5,818 $258,700 $86,200 $172,500
2016 $5,621 $244,100 $78,400 $165,700
2015 $5,425 $225,700 $67,300 $158,400
2014 $5,259 $225,700 $67,300 $158,400
2013 $4,496 $212,900 $63,500 $149,400
Source: Public Records

Agents Affiliated with this Home

  • Seth Pfaehler

    Seller's Agent in 2018

    Seth Pfaehler

    The McGrady Group, LLC

    (608) 338-4812

    11 in this area

    452 Total Sales

    Seth Pfaehler
    Section Image
  • Matt McGrady

    Seller Co-Listing Agent in 2018

    Matt McGrady

    The McGrady Group, LLC

    (608) 772-3640

    10 in this area

    352 Total Sales

    Matt McGrady
    Section Image

  • S

    Buyer's Agent in 2018

    SCWMLS Non-Member

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1829776

South Central Wisconsin Multiple Listing Service

APN: 0710-053-2013-1

Wisconsin Dane County Madison 53704 Atwood

514 Welch Ave, Madison, WI

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