NOT LISTED FOR SALE

521 Maple Ave Madison, WI 53704

Atwood Neighborhood

Estimated Value: $802,000 - $868,000

6 Beds
3 Baths
3,398 Sq Ft
$247/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $650,000 $191 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,351/month

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Heating System
  • Den
  • Outdoor Storage
  • 2-minute walk to Elmside Circle Park

About This Home

As of March 2022

Amazing 3-flat in the perfect Elmside-Atwood location close to Olbrich Park and Lake Monona! This building features three 2 BR 1 bath units and has been updated and very well maintained throughout the years. All three apartments feature replaced windows, hardwood floors, spacious layouts, updated kitchens and baths and lots of well preserved charm that only an older building like this can provide. Residents pay their own heat and electrical, 3 off street parking stalls and individual storage for each unit in the lower level!

Last Agent to Sell the Property

Luke Lestikow

First Weber, Inc License #60063-94 Listed on: 01/07/2022

First Weber, Inc

Last Buyer's Agent

Robert Anderson

Strata Real Estate License #58279-90 2393-10

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,725

Year Built

  • Built in 1906

Lot Details

  • 5,009

Home Design

  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • Family Room
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 3 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Controls for Heating

Additional Features

  • Outdoor Storage
  • 5,009 Sq Ft Lot

Community Details

  • 3 Units
  • Elmside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0710-053-2407-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,725

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Included: 3 refrigerators, 3 stoves, dishwasher, water softener, all window coverings, washer, dryer, microwave
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Washers: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Aluminum/Steel, Brick, Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 3

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.115
  • Zoning: TrC2, WP08
  • Geo Subdivision: WI

Rental Info

  • Total Income: 39840

Tax Info

  • Net Taxes: 12725
  • Tax Year: 2021
  • Assessor Parcel Number: 0710-053-2407-6

Multi Family

  • Number Of2 Bedrooms: 3
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Mar 4, 2022
Sold by
Schulte Maryon J
Bought by
Richardson Matthew David and Richardson Yvonne Marie
Seller's Agent
Luke Lestikow
First Weber, Inc
Buyer's Agent
Robert Anderson
Strata Real Estate
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$838,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,314
Avg. Annual Appreciation
7.14%
Original Mortgage
$487,500
Outstanding Balance
$454,286
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$384,028

Purchase Details

Closed on
May 20, 2015
Sold by
Koster David A and Koster Christine K
Bought by
Schulte David P and Schulte Maryon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2009
Sold by
D K Maple Property Llc
Bought by
Koster David A and Koster Christine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.43%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Richardson Matthew David $650,000 None Listed On Document
Schulte David P $455,000 Attorney
Koster David A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Matthew David $487,500
Previous Owner Schulte David P $337,500
Previous Owner Koster David A $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $650,000 0.0% $191 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $650,000 0.0% $191 / Sq Ft
01/07/2022 01/07/22 Off Market $650,000 -- --
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 $23,307 $663,000 $100,200 $562,800
2023 $11,793 $650,000 $100,200 $549,800
2021 $12,725 $595,900 $95,400 $500,500
2020 $12,319 $551,800 $90,900 $460,900
2019 $11,774 $525,500 $82,600 $442,900
2018 $11,194 $500,500 $71,800 $428,700
2017 $10,536 $455,000 $68,400 $386,600
2016 $10,827 $455,000 $64,500 $390,500
2015 $6,423 $244,100 $55,300 $188,800
2014 $5,836 $244,100 $55,300 $188,800
2013 $5,384 $237,000 $52,200 $184,800
Source: Public Records

Agents Affiliated with this Home

  • Luke Lestikow

    Seller's Agent in 2022

    Luke Lestikow

    First Weber, Inc

    (608) 215-0028

    2 in this area

    131 Total Sales

    Luke Lestikow
    Section Image

  • R

    Buyer's Agent in 2022

    Robert Anderson

    Strata Real Estate

    (608) 310-7570

    2 in this area

    30 Total Sales

    Robert Anderson
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1925865

South Central Wisconsin Multiple Listing Service

APN: 0710-053-2407-6

Wisconsin Dane County Madison 53704 Atwood

521 Maple Ave, Madison, WI

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