NOT LISTED FOR SALE

541 Oak St Unit 1 Madison, WI 53704

Eken Park Neighborhood

Estimated Value: $448,151 - $497,000

4 Beds
2 Baths
2,080 Sq Ft
$228/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $335,000 $161 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,609/month

Highlights

  • Balcony
  • Property is near a bus stop
  • Water Softener is Owned
  • Eat-In Kitchen
  • Outdoor Storage
  • 3-minute walk to McCormick Park

About This Home

As of September 2021

Attention Investors! Brick two-unit fully rented until July 2022, great tenants (renewed leases)! Well maintained, identical units, 2BR 1BA, light filled LR, spacious room, hardwood floors, kitchen w/dishwasher, updated baths & laundry chutes! Basement has open space w/storage cubbies at end, laundry shared washer/dryer, boiler room & access to doors at front/back of building. Separate room for lawn under porch for lawn equipment, etc. Seller invested over $35K in improvements: Separated electrical, quarts counters in both kitchens, new washer & front awning, installed fire doors, blinds, ceiling fans, flooring, rekeyed building w/one master key & tore off & replaced 2-story deck. Yard space w/ raised garden beds, bus stop at corner & Starkweather Creek path a block away.

Last Agent to Sell the Property

Wendy Grunewald Fahlgren

Century 21 Affiliated License #46618-90 Listed on: 07/09/2021

Century 21 Affiliated

Last Buyer's Agent

Julian Walters

Realty of America, LLC License #91567-94

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,153

Year Built

  • Built in 1957

Lot Details

  • 6,098

Parking

  • Outside Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

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

  • 6,098 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0710-052-0303-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,153

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Items Excluded: ALL SELLERS/TENANTS PROPERTY
  • Items Included: 2 RANGE/OVENS, 2 REFRIGERATORS, 2 DISHWASHERS, WASHER & DRYER, WATER SOFTENER
  • Miscellaneous: Shared laundry, Close to bus line, Water Softener Owned
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 2
  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Washers: 1
  • Number Water Heaters: 1

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.14
  • Zoning: R4
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 79800
  • Improvements: 183000
  • Total Assessment: 262800
  • Assessment year: 2021
  • Net Taxes: 5153
  • Tax Year: 2020
  • Assessor Parcel Number: 0710-052-0303-0

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
Calmese Carlotta V
Bought by
Malotta Properties Llc
Current Estimated Value
$473,288

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 17, 2021
Sold by
Bull Jennifer W
Bought by
Calmese Carlotta Verge
Seller's Agent
Wendy Grunewald Fahlgren
Century 21 Affiliated
Buyer's Agent
Julian Walters
Realty of America, LLC
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$251,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2018
Closed on
Apr 30, 2018
Sold by
Goedken Rochelle R and Przesmicki Sheila B
Bought by
Bull Jennifer W
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Wendy Grunewald Fahlgren
Century 21 Affiliated
List Price
$225,000
Sold Price
$241,500
Premium/Discount to List
$16,500
7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Malotta Properties Llc -- None Listed On Document
Calmese Carlotta Verge $335,000 None Available
Bull Jennifer W $241,500 Knight Barry Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Calmese Carlotta Verge $251,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2021 09/17/21 Sold $335,000 -4.3% $161 / Sq Ft
07/16/2021 07/16/21 For Sale $349,900 +4.4% $168 / Sq Ft
07/12/2021 07/12/21 Off Market $335,000 -- --
07/10/2021 07/10/21 For Sale $349,900 +44.9% $168 / Sq Ft
04/30/2018 04/30/18 Sold $241,500 +7.3% $116 / Sq Ft View Prior Sale
03/30/2018 03/30/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $225,000 -- $108 / 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 $13,511 $401,500 $110,000 $291,500
2023 $6,442 $375,200 $102,800 $272,400
2021 $5,261 $262,800 $79,800 $183,000
2020 $5,153 $241,500 $73,900 $167,600
2019 $5,150 $241,500 $70,400 $171,100
2018 $5,058 $236,400 $70,400 $166,000
2017 $4,708 $211,100 $65,800 $145,300
2016 $4,830 $211,100 $65,800 $145,300
2015 $4,662 $195,100 $58,000 $137,100
2014 $4,518 $195,100 $58,000 $137,100
2013 $4,369 $189,400 $58,000 $131,400
Source: Public Records

Agents Affiliated with this Home

  • Wendy Grunewald Fahlgren

    Seller's Agent in 2021

    Wendy Grunewald Fahlgren

    Century 21 Affiliated

    (608) 209-2741

    1 in this area

    96 Total Sales

    Wendy Grunewald Fahlgren
    Section Image

  • J

    Buyer's Agent in 2021

    Julian Walters

    Realty of America, LLC

    (608) 831-0800

    1 in this area

    20 Total Sales

    Julian Walters
    Section Image
  • Liz Lauer

    Seller's Agent in 2018

    Liz Lauer

    Lauer Realty Group, Inc.

    (608) 444-5725

    11 in this area

    493 Total Sales

    Liz Lauer
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1914351

South Central Wisconsin Multiple Listing Service

APN: 0710-052-0303-0

Wisconsin Dane County Madison 53704 Eken Park

541 Oak St Unit 1, Madison, WI

This home is located at 541 Oak St Unit 1, Madison, WI 53704 since 09 July 2021 and is currently estimated at $473,288, approximately $227 per square foot. This property was built in 1957. 541 Oak St Unit 1 is a home located in Dane County with nearby schools including Emerson Elementary School, Sherman Middle School, 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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