Seller's Agent in 2020
Mo Afshar
Sprinkman Real Estate
(608) 977-0521
23 Total Sales
523 Algoma St Madison, WI 53704
Eken Park NeighborhoodEstimated Value: $260,000 - $302,000
2
Beds
1
Bath
730
Sq Ft
$387/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Accessible Bedroom
- Accessible Full Bathroom
- Forced Air Heating and Cooling System
- Bungalow
- 5-minute walk to McCormick Park
About This Home
As of August 2020Calling all investors -- Seller is looking for investor buyers only!!! A fantastic rental investment opportunity minutes from the Capitol which makes this property highly desirable. Significant recent upgrades include but are not limited to a new roof in 2018, brand new stackable washer & dryer, fresh paint throughout the interior of the home, and new fence making it ideal for pet owners just to name a few. A new tenant with a 12 mo. lease just moved in on 1-1-20 which guarantees income generation immediately. Don't miss out on this rare opportunity. This is a great value as the house sits on a double lot with the promise of all kinds of potential. 24 hr. notice required for all showing requests.
Last Agent to Sell the Property
Sprinkman Real Estate License #83424-94 Listed on: 07/26/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,759
Year Built
- Built in 1933
Lot Details
- 9,148 Sq Ft Lot
- Level Lot
- Property is zoned TR-C4
Home Design
- Bungalow
- Vinyl Siding
Interior Spaces
- 730 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Laundry on main level
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Parking
- Driveway Level
- Unpaved Parking
Accessible Home Design
- Accessible Full Bathroom
- Accessible Bedroom
Schools
- Emerson Elementary School
- Sherman Middle School
- East High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- Northlawn Add Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2019
Closed on
Aug 14, 2020
Sold by
Determan Laura E
Bought by
Mccune Timothy Brian and Mccune Debra Ann
Seller's Agent
Mo Afshar
Sprinkman Real Estate
Buyer's Agent
Jack Cheng
Real Broker LLC
List Price
$159,900
Sold Price
$162,000
Premium/Discount to List
$2,100
1.31%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,699
Avg. Annual Appreciation
10.76%
Purchase Details
Listed on
Aug 24, 2017
Closed on
Dec 15, 2017
Sold by
Dawson Laura M
Bought by
Determan Laura E
Seller's Agent
Shelly Sprinkman
Sprinkman Real Estate
Buyer's Agent
Mo Afshar
Sprinkman Real Estate
List Price
$140,000
Sold Price
$122,500
Premium/Discount to List
-$17,500
-12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$98,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 2005
Sold by
Riesen Melissa
Bought by
Dawson Laura M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mccune Timothy Brian | $162,000 | None Available | |
| Determan Laura E | $122,500 | -- | |
| Dawson Laura M | $118,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Determan Laura E | $98,000 | |
| Previous Owner | Dawson Laura M | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/14/2020 08/14/20 | Sold | $162,000 | +1.3% | $222 / Sq Ft | |
| 03/17/2020 03/17/20 | For Sale | $159,900 | -1.3% | $219 / Sq Ft | |
| 03/15/2020 03/15/20 | Off Market | $162,000 | -- | -- | |
| 01/16/2020 01/16/20 | Price Changed | $159,900 | -5.9% | $219 / Sq Ft | |
| 07/30/2019 07/30/19 | For Sale | $169,900 | +4.9% | $233 / Sq Ft | |
| 07/29/2019 07/29/19 | Off Market | $162,000 | -- | -- | |
| 07/26/2019 07/26/19 | For Sale | $169,900 | +38.7% | $233 / Sq Ft | |
| 12/15/2017 12/15/17 | Sold | $122,500 | -2.0% | $168 / Sq Ft | View Prior Sale |
| 10/31/2017 10/31/17 | Pending | -- | -- | -- | |
| 10/24/2017 10/24/17 | Price Changed | $125,000 | -10.7% | $171 / Sq Ft | |
| 08/24/2017 08/24/17 | For Sale | $140,000 | -- | $192 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
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 |
|---|---|---|---|---|
| 2023 | $3,534 | $216,100 | $127,200 | $88,900 |
| 2022 | $6,852 | $191,200 | $112,600 | $78,600 |
| 2021 | $3,094 | $162,000 | $95,400 | $66,600 |
| 2020 | $2,731 | $133,700 | $114,000 | $19,700 |
| 2019 | $2,603 | $128,600 | $109,600 | $19,000 |
| 2018 | $2,493 | $122,500 | $109,600 | $12,900 |
| 2017 | $2,811 | $129,800 | $102,400 | $27,400 |
| 2016 | $2,548 | $115,900 | $102,400 | $13,500 |
| 2015 | $2,417 | $108,300 | $90,300 | $18,000 |
| 2014 | $2,415 | $108,300 | $90,300 | $18,000 |
| 2013 | $2,505 | $108,300 | $90,300 | $18,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mo Afshar
-
Jack Cheng
Buyer's Agent in 2020
Jack Cheng
Real Broker LLC
(608) 957-2683
1 in this area
182 Total Sales
-
Shelly Sprinkman
Seller's Agent in 2017
Shelly Sprinkman
Sprinkman Real Estate
(608) 220-1453
1 in this area
382 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1864409
APN: 0710-052-0412-9
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