NOT LISTED FOR SALE

518 Mccormick Ave Unit 2 Madison, WI 53704

Eken Park Neighborhood

Estimated Value: $293,000 - $414,000

3 Beds
2 Baths
2,246 Sq Ft
$155/Sq Ft Est. Value

Sale Details

Date Sold: December 28, 2018

Last sale price $146,500 $65 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,353 / mo

178 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Outdoor Storage
  • Den
  • Eat-In Kitchen
  • 3-minute walk to McCormick Park

About This Home

As of December 2018

OPPORTUNITY OF A LIFETIME 2 flat home- 3 bed + 2 bath. Lower Level: 2 bed + 1 bath, living area with a LOT of natural light, spacious eat in kitchen, rear porch, and storage/craft room! Upper Level: 1 bed + 1 bath, eat in kitchen, storage closet, AND extra office/den space. Starkweather Creek IN BACKYARD, perfect for kayaking + canoeing. Start investing in this great property today! You don't want to let this property get away!

Last Agent to Sell the Property

Matt Kornstedt

Stark Company, REALTORS Brokerage Phone: 608-770-1754 License #54358-90 Listed on: 05/29/2018

Stark Company, REALTORS

Co-Listed By

Jennifer Stauter

Stark Company, REALTORS Brokerage Phone: 608-770-1754 License #54359-90

Last Buyer's Agent

Joshua Pelletter

Rockwood Realty Group License #55759-90

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,356

Home Design

  • Duplex

Interior Spaces

  • Family Room
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Open Parking Spaces
  • On-Street Parking
  • Outside Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Emerson Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Radiant Heating System
  • Separate Meters
  • Water Softener is Owned

Additional Features

  • 4,356 Sq Ft Lot
  • In Flood Plain

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-052-0205-8
  • $1,480 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Miscellaneous: Shared laundry, Water Softener Owned, In a flood plain
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Sump pump
  • Number Water Softeners: 1

Exterior Features

  • Lake/River: Starkweather Creek
  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 2

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters

Schools

  • Elementary School: Emerson
  • High School: East
  • Middle School: Sherman
  • School District: Madison

Lot Info

  • Estimated Aces: 0.1
  • Zoning: R4
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3992
  • Tax Year: 2017
  • Assessor Parcel Number: 0710-052-0205-8

Multi Family

  • Number Of1 Bedrooms: 1
  • Number Of2 Bedrooms: 1
  • Number Of Units: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Dec 21, 2018
Sold by
Bought by
Seller's Agent
Matt Kornstedt
Stark Company, REALTORS
Buyer's Agent
Joshua Pelletter
Rockwood Realty Group
List Price
$159,900
Sold Price
$146,500
Premium/Discount to List
-$13,400
-8.38%
Current Estimated Value
$348,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,166
Avg. Annual Appreciation
12.10%
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$146,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $50,000
Previous Owner $94,200
Previous Owner $37,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $146,500 -8.4% $65 / Sq Ft
12/04/2018 12/04/18 For Sale $159,900 +9.1% $71 / Sq Ft
11/30/2018 11/30/18 Off Market $146,500 -- --
10/02/2018 10/02/18 Price Changed $159,900 -5.9% $71 / Sq Ft
05/29/2018 05/29/18 For Sale $169,900 -- $76 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,437 $296,300 $78,800 $217,500
2024 $9,371 $269,400 $78,800 $190,600
2023 $4,514 $251,800 $73,600 $178,200
2022 $8,740 $224,800 $65,100 $159,700
2021 $3,589 $170,900 $57,100 $113,800
2020 $3,475 $158,200 $52,900 $105,300
2019 $3,226 $146,500 $50,400 $96,100
2018 $4,323 $195,400 $50,400 $145,000
2017 $3,992 $174,500 $47,100 $127,400
2016 $4,103 $174,500 $47,100 $127,400
2015 $3,946 $161,400 $41,500 $119,900
2014 $3,832 $161,400 $41,500 $119,900
2013 $3,684 $156,700 $41,500 $115,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1832093

South Central Wisconsin Multiple Listing Service

APN: 0710-052-0205-8

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