NOT LISTED FOR SALE

609 Memphis Ave Madison, WI 53714

Worthington Park Neighborhood

Estimated Value: $327,655 - $364,000

2 Beds
2 Baths
1,360 Sq Ft
$252/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $290,000 $213 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,131/month

11 Days on Market

Highlights

  • 1-Story Property
  • Dining Room
  • Family Room
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

Great ranch style 2 unit on Madison's East side. Built in '87 with large windows and full basement under each unit for storage and laundry. One unit ready for owner occupant. Open living/dining room with galley kitchen. 4 off street parking spots. Large bedroom and 3 double closets plus 2 single closets in each unit. Convenient location with easy access to HWY 30 and Interstate. A great value!

Last Agent to Sell the Property

Stuart Meland

Madcityhomes.Com License #51242-90 Listed on: 08/07/2023

Last Buyer's Agent

Lucia Rowley

Modern Realty Partners LLC License #91387-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,698

Year Built

  • Built in 1987

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 4 Open Parking Spaces
  • Outside Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Separate Water Meter

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0710-051-2146-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,698

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Municipality: Blooming Grove
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Duplex-side by side, 1 story
  • Items Included: 2 refrigerators, 2 ranges, 2 dishwashers, 2 wall A/C units, washer
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Poured concrete foundatn
  • Number Dish Washers: 2
  • Number Units W Ac: 2
  • Number Washers: 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 4

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.12
  • Zoning: RES

Tax Info

  • Net Taxes: 3698
  • Tax Year: 2022
  • Assessor Parcel Number: 0710-051-2146-5

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Sep 19, 2023
Sold by
Rigney Daniel T
Bought by
Matson Erin and Matson Ingrid
Seller's Agent
Stuart Meland
Madcityhomes.Com
Buyer's Agent
Lucia Rowley
Modern Realty Partners LLC
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%
Views
79
Current Estimated Value
$342,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,164
Avg. Annual Appreciation
7.46%
Original Mortgage
$203,000
Outstanding Balance
$198,695
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$143,469
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Matson Erin $290,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matson Erin $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2023 09/19/23 Sold $290,000 -1.7% $213 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $295,000 -- $217 / 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
2023 $3,638 $180,800 $34,000 $146,800
2022 $3,698 $180,800 $34,000 $146,800
2021 $3,332 $180,800 $34,000 $146,800
2020 $3,153 $180,800 $34,000 $146,800
2019 $3,145 $180,800 $34,000 $146,800
2018 $3,046 $161,700 $34,000 $127,700
2017 $3,339 $161,700 $34,000 $127,700
2016 $3,224 $161,700 $34,000 $127,700
2015 $3,334 $161,700 $34,000 $127,700
2014 $3,550 $161,700 $34,000 $127,700
2013 $3,508 $161,700 $34,000 $127,700
Source: Public Records

Agents Affiliated with this Home

  • Stuart Meland

    Seller's Agent in 2023

    Stuart Meland

    Madcityhomes.Com

    (608) 438-3150

    1 in this area

    549 Total Sales

    Stuart Meland
    Section Image
  • Lucia Rowley

    Buyer's Agent in 2023

    Lucia Rowley

    Modern Realty Partners LLC

    (608) 535-9128

    1 in this area

    27 Total Sales

    Lucia Rowley
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1961544

South Central Wisconsin Multiple Listing Service

APN: 0710-051-2146-5

Wisconsin Dane County Madison 53714 Worthington Park

609 Memphis Ave, Madison, WI

Not Listed for Sale

MultiFamily

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