NOT LISTED FOR SALE

518 E Johnson St Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $487,000 - $516,000

2 Beds
1.5 Baths
1,344 Sq Ft
$375/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $360,000 $268 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,145/month

2 Days on Market

Highlights

  • Deck
  • Bathtub
  • Breakfast Bar
  • Wood Flooring
  • Forced Air Cooling System
  • 1-minute walk to James Madison Park

About This Home

As of August 2020

Completely renovated 2 story, perfectly located just 1/2 block to James Madison Park, Lake Mendota and 4 blocks off Capitol Square! Great alternative to a condo with easy exterior maintenance and new everything! Home features a large living room, dining room and open concept kitchen with maple cabinetry, granite countertops and stainless appliances. 2 extra-large bedrooms, a bath upstairs and 1/2 bath and laundry on main level. Great basement storage, parking for 2 cars in the driveway and a great outdoor space! House backs up to a neighbor's well maintained garden regularly featured in Olbrich Botanical Gardens Tours. New mechanicals 2012. Well insulated! Move in ready!

Last Agent to Sell the Property

Seth Pfaehler

The McGrady Group, LLC License #58575-90 Listed on: 06/30/2020

Co-Listed By

Matt McGrady

The McGrady Group, LLC License #53795-90

Last Buyer's Agent

Laura Hildebrandt Shively

First Weber Inc License #34231-94

First Weber Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,686

Year Built

  • Built in 1884

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 35x66
  • Property is zoned DR1

Parking

  • Paved Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Block Basement Construction

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a bus stop

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,686

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Items Included: Range/Oven, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer
  • Year Built: 1884
  • Above Grade Sold Price Per Sq Ft: 267.86
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 1344
  • Finished Sq Ft: 1344
  • Bedrooms: 2
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 19x15, On Level: U
  • Bedroom 2: Dimensions: 11x15, On Level: U
  • Kitchen: Dimensions: 14x15, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 15x12, On Level: M
  • Dining Area: Dimensions: 11x11, On Level: M
  • Laundry: Dimensions: 3x3, On Level: U
  • Basement: Partial, Block foundation
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Patio

Garage/Parking

  • Driveway: Paved

Utilities

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

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Estimated Aces: 0.05
  • Lot Description: Close to busline, Sidewalk
  • Lot Dimensions: 35X66
  • Zoning: DR1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6686
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 28, 2020
Sold by
Eckes Shirley J
Bought by
Bach Alexander
Seller's Agent
Seth Pfaehler
The McGrady Group, LLC
Buyer's Agent
Laura Hildebrandt Shively
First Weber Inc
List Price
$359,900
Sold Price
$360,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$504,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,120
Avg. Annual Appreciation
6.51%

Purchase Details

Listed on
Jul 10, 2016
Closed on
Aug 15, 2016
Sold by
Zikmund Sampson D and Zikmund Alison L
Bought by
Eckes Shirley J
Seller's Agent
Noelle Stevens
MadisonFlatFeeHomes.com
Buyer's Agent
Jolenta Averill
Lake & City Homes Realty
List Price
$249,900
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%

Purchase Details

Listed on
Dec 13, 2012
Closed on
Mar 28, 2013
Sold by
518 E Johnson Llc
Bought by
Zikmund Sampson D and Morrell Alison L
Seller's Agent
Brian Spanos
Lakestone Properties
Buyer's Agent
Jill Stiegler
Stark Company, REALTORS
List Price
$229,900
Sold Price
$217,000
Premium/Discount to List
-$12,900
-5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$206,150
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2011
Sold by
Spanos Brian C and Spanos Christopher H
Bought by
518 E Johnson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Bach Alexander $360,000 None Available
Eckes Shirley J $249,900 Attorney
Zikmund Sampson D $217,000 Dane County Title Company
518 E Johnson Llc -- None Available
Spanos Brian C -- Dane County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zikmund Sampson D $206,150
Previous Owner 518 E Johnson Llc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2020 08/28/20 Sold $360,000 0.0% $268 / Sq Ft
07/09/2020 07/09/20 For Sale $359,900 0.0% $268 / Sq Ft
06/30/2020 06/30/20 Off Market $360,000 -- --
08/15/2016 08/15/16 Sold $249,900 0.0% $186 / Sq Ft View Prior Sale
07/17/2016 07/17/16 Pending -- -- --
07/10/2016 07/10/16 For Sale $249,900 +15.2% $186 / Sq Ft
03/28/2013 03/28/13 Sold $217,000 -5.6% $161 / Sq Ft View Prior Sale
02/20/2013 02/20/13 Pending -- -- --
12/13/2012 12/13/12 For Sale $229,900 -- $171 / 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 $15,886 $453,400 $85,700 $367,700
2023 $7,585 $419,800 $85,700 $334,100
2021 $7,654 $360,000 $85,700 $274,300
2020 $6,659 $299,900 $83,200 $216,700
2019 $6,686 $299,900 $65,800 $234,100
2018 $5,966 $249,900 $54,800 $195,100
2017 $5,751 $249,900 $54,800 $195,100
2016 $5,122 $217,000 $49,800 $167,200
2015 $5,176 $217,000 $49,800 $167,200
2014 $5,179 $217,000 $49,800 $167,200
2013 $3,193 $200,900 $47,000 $153,900
Source: Public Records

Agents Affiliated with this Home

  • Seth Pfaehler

    Seller's Agent in 2020

    Seth Pfaehler

    The McGrady Group, LLC

    (608) 338-4812

    12 in this area

    445 Total Sales

    Seth Pfaehler
    Section Image
  • Matt McGrady

    Seller Co-Listing Agent in 2020

    Matt McGrady

    The McGrady Group, LLC

    (608) 772-3640

    10 in this area

    350 Total Sales

    Matt McGrady
    Section Image
  • Noelle Stevens

    Seller's Agent in 2016

    Noelle Stevens

    MadisonFlatFeeHomes.com

    (608) 209-4154

    2 in this area

    175 Total Sales

    Noelle Stevens
    Section Image
  • Jolenta Averill

    Buyer's Agent in 2016

    Jolenta Averill

    Lake & City Homes Realty

    (608) 628-9701

    7 in this area

    100 Total Sales

    Jolenta Averill
    Section Image

  • B

    Seller's Agent in 2013

    Brian Spanos

    Lakestone Properties

    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1887128

South Central Wisconsin Multiple Listing Service

APN: 0709-133-1314-7

Wisconsin Dane County Madison 53703 Downtown Madison

518 E Johnson St, Madison, WI

Not Listed for Sale

Detached

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