NOT LISTED FOR SALE

523 Algoma St Madison, WI 53704

Eken Park Neighborhood

Estimated Value: $272,000 - $292,864

2 Beds
1 Bath
730 Sq Ft
$391/Sq Ft Est. Value

Sale Details

Date Sold: August 14, 2020

Last sale price $162,000 $222 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,934 / mo

365 Days on Market

Highlights

  • Open Floorplan
  • Accessible Bedroom
  • Accessible Full Bathroom
  • Forced Air Heating and Cooling System
  • Bungalow
  • Bathroom on Main Level

About This Home

As of August 2020

Calling 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

Mo Afshar

Compass Real Estate Wisconsin License #83424-94 Listed on: 07/26/2019

Compass Real Estate Wisconsin

Last Buyer's Agent

Jack Cheng

Real Broker LLC License #58233-90

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,759

Year Built

Built in 1933

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Bungalow
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Level drive, Level lot
  • Items Excluded: Seller's personal belongings.
  • Items Included: Refrigerator, Oven, Dishwasher, Microwave, Washer & Dryer
  • Year Built: 1933
  • Above Grade Sold Price Per Sq Ft: 221.92
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 730
  • Finished Sq Ft: 730
  • Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 8X13, On Level: M
  • Bedroom 2: Dimensions: 7X12, On Level: M
  • Kitchen: Dimensions: 7X12, On Level: M
  • Living Room: Dimensions: 12X24, On Level: M
  • Family Room: Dimensions: 7X12, On Level: M
  • Laundry: On Level: M
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.21
  • Zoning: TR-C4
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 2759
  • Tax Year: 2019

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
Jul 26, 2019
Closed on
Aug 14, 2020
Sold by
Bought by
Seller's Agent
Mo Afshar
Compass Real Estate Wisconsin
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
$285,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,716
Avg. Annual Appreciation
9.97%

Purchase Details

Listed on
Aug 24, 2017
Closed on
Dec 15, 2017
Sold by
Bought by
Seller's Agent
Shelly Sprinkman
Sprinkman Real Estate
Buyer's Agent
Mo Afshar
Compass Real Estate Wisconsin
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
Bought by

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Eken Park, WI

  • Sona Olson Real Estate Agent - Real Broker LLC

    Sona Olson

    Responds Quickly

    Real Broker LLC

    (608) 292-3957

    63 Total Sales

    2 in Eken Park

    $107K - $400K Price Range

    Sona Olson
     Section Image
  • Emily Ruzicka Real Estate Agent - Weichert, Realtors - Great Day

    Emily Ruzicka

    Responds Quickly

    Weichert, Realtors - Great Day

    (608) 535-6253

    28 Total Sales

    1 in Eken Park

    $430,000 Price

    Emily Ruzicka
     Section Image
  • Jason McGill Real Estate Agent - KJK & Associates, LLC

    Jason McGill

    KJK & Associates, LLC

    (608) 292-2355

    52 Total Sales

    1 in Eken Park

    $240,000 Price

    Jason McGill
     Section Image
  • Bart Baker Real Estate Agent - First Weber, Inc

    Bart Baker

    First Weber, Inc

    (608) 292-3953

    140 Total Sales

    1 in Eken Park

    $225,000 Price

    Bart Baker
     Section Image
  • Devery Cash Real Estate Agent - Keller Williams Realty

    Devery Cash

    Keller Williams Realty

    (608) 292-3846

    82 Total Sales

    1 in Eken Park

    $315,000 Price

    Devery Cash
     Section Image
  • Rena Ripp Real Estate Agent - EXP Realty, LLC

    Rena Ripp

    EXP Realty, LLC

    (608) 292-2468

    134 Total Sales

    1 in Eken Park

    $456,000 Price

    Rena Ripp
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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
$162,000 None Available
$122,500 --
$118,900 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 $98,000
Previous Owner $18,000
Previous Owner $75,000
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 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

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 $4,336 $252,000 $136,100 $115,900
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 Real Estate Agent - Compass Real Estate Wisconsin

    Seller's Agent in 2020

    Mo Afshar

    Compass Real Estate Wisconsin

    (608) 977-0521

    19 Total Sales

    Mo Afshar
    Section Image
  • Jack Cheng Real Estate Agent - Real Broker LLC

    Buyer's Agent in 2020

    Jack Cheng

    Real Broker LLC

    (608) 957-2683

    1 in this area

    81 Total Sales

    Jack Cheng
    Section Image
  • Shelly Sprinkman Real Estate Agent - Sprinkman Real Estate

    Seller's Agent in 2017

    Shelly Sprinkman

    Sprinkman Real Estate

    (608) 220-1453

    1 in this area

    364 Total Sales

    Shelly Sprinkman
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1864409

South Central Wisconsin Multiple Listing Service

APN: 0710-052-0412-9

Wisconsin Dane County Madison 53704 Eken Park

523 Algoma St, Madison, WI

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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