NOT LISTED FOR SALE

521 Rethke Ave Madison, WI 53714

Worthington Park Neighborhood

Estimated Value: $202,000 - $263,093

2 Beds
1 Bath
1,080 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $132,500 $123 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,477/month

7 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Property is near a bus stop
  • Bathtub
  • Bungalow
  • 4-minute walk to Worthington Park

About This Home

As of October 2020

Why rent when you can own your own home for less? Here is your opportunity at a truly affordable eastside home! Bring your creativity to this property and make it yours today! This home is very nicely set back off of the road, for a feeling of privacy and space that you do not find just anywhere. Cute and cozy, there is so much to love! The bright and sunny kitchen is open with ample cupboard space. The dining room area is adjoining to the living room, which allows for many versatile uses and a feeling of spaciousness. You will love all of the additional storage space and built in shelving in the utility room. The bedrooms on the upper level offer privacy and deep closets! The walkthrough to the second room upstairs could be used as a great office or den! Many perennial plants in the lot!

Last Agent to Sell the Property

Justin Witkins

RE/MAX Preferred License #58265-90 Listed on: 07/17/2020

RE/MAX Preferred

Last Buyer's Agent

Josh Lavik

EXP Realty, LLC License #56640-90

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,895

Year Built

  • Built in 1935

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned R-3

Parking

  • Unpaved Parking

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Schools

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

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • Property is near a bus stop

Community Details

  • Rethkes Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,895

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Municipality: Blooming Grove
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 1/2 story
  • Architecture: Bungalow
  • Items Excluded: Sellers Personal Belongings
  • Items Included: Stove/oven, Refrigerator
  • Year Built: 1935
  • Above Grade Price Per Sq Ft: 145.28
  • Above Grade Sold Price Per Sq Ft: 122.69
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1080
  • Finished Sq Ft: 1080
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 21x13, On Level: U
  • Bedroom 2: Dimensions: 13x11, On Level: U
  • Kitchen: Dimensions: 10x9, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator
  • Living Room: Dimensions: 19x10, On Level: M
  • Dining Room: Dimensions: 9x9, On Level: M
  • Other Room 1: Other, Dimensions: 9x9, On Level: M
  • Laundry: Dimensions: 9x7, On Level: M
  • Basement: Crawl space
  • Interior Amenities: Wood or sim. wood floor, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Storage building

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Schools

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

Lot Info

  • Assessor Parcel Number: 0710-051-2423-9
  • Estimated Aces: 0.12
  • Lot Description: Close to busline
  • Zoning: R-3
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 34000
  • Improvements: 92800
  • Total Assessment: 126800
  • Assessment year: 2019
  • Net Taxes: 1895
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Oct 15, 2020
Sold by
Alexander Jonathan H and Alexander Kathrine J
Bought by
Burbano Jorge Rafael Esteban Arevalo
Seller's Agent
Justin Witkins
RE/MAX Preferred
Buyer's Agent
Josh Lavik
EXP Realty, LLC
List Price
$159,900
Sold Price
$132,500
Premium/Discount to List
-$27,400
-17.14%
Current Estimated Value
$236,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,523
Avg. Annual Appreciation
11.76%
Source: Public Records

Range of Values:

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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
Burbano Jorge Rafael Esteban Arevalo $132,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Jonathon H $13,800
Previous Owner Alexander Jonathon H $91,500
Previous Owner Alexander Jonathon H $53,000
Previous Owner Alexander Jonathon H $61,700
Previous Owner Alexnder Jonathon H $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $132,500 -15.6% $123 / Sq Ft
09/03/2020 09/03/20 Price Changed $156,900 -1.9% $145 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $159,900 +20.7% $148 / Sq Ft
07/18/2020 07/18/20 Off Market $132,500 -- --
07/17/2020 07/17/20 For Sale $159,900 -- $148 / 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 $2,293 $211,600 $61,000 $150,600
2023 $2,130 $126,800 $34,000 $92,800
2021 $1,982 $126,800 $34,000 $92,800
2020 $1,925 $126,800 $34,000 $92,800
2019 $1,895 $126,800 $34,000 $92,800
2018 $1,801 $113,400 $34,000 $79,400
2017 $1,900 $113,400 $34,000 $79,400
2016 $2,024 $113,400 $34,000 $79,400
2015 $2,126 $113,400 $34,000 $79,400
2014 $2,275 $113,400 $34,000 $79,400
2013 $2,259 $113,400 $34,000 $79,400
Source: Public Records

Agents Affiliated with this Home

  • Justin Witkins

    Seller's Agent in 2020

    Justin Witkins

    RE/MAX

    (608) 843-5663

    1 in this area

    85 Total Sales

    Justin Witkins
    Section Image
  • Josh Lavik

    Buyer's Agent in 2020

    Josh Lavik

    EXP Realty, LLC

    (608) 440-9607

    2 in this area

    252 Total Sales

    Josh Lavik
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1888685

South Central Wisconsin Multiple Listing Service

APN: 0710-051-2423-9

Wisconsin Dane County Madison 53714 Worthington Park

521 Rethke Ave, Madison, WI

This home is located at 521 Rethke Ave, Madison, WI 53714 since 17 July 2020 and is currently estimated at $236,023, approximately $218 per square foot. This property was built in 1935. 521 Rethke Ave is a home located in Dane County with nearby schools including Lowell Elementary School, O'Keeffe Middle, and East High School.

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.

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