NOT LISTED FOR SALE

Estimated Value: $395,000 - $669,000

4 Beds
2 Baths
1,913 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $356,000 $186 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,702/month

17 Days on Market

Highlights

  • Wood Flooring
  • Entrance Foyer
  • Dining Room
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Washer and Dryer

About This Home

As of June 2022

What a wonderful opportunity for an investor...either as an owner occupant or as an investor! This two-flat with the oversized yard and detached 2-car garage could easily become a nice single family home just by removing a door. Home is very solid in structure and property has been very well maintained with major renovations completed in recent years. Newer windows within the last 5 years, kitchen updates, and bathroom updates. Hardwood floors. Roof, 2009. Spectrum internet. Upstairs unit has the address of 2501 Coolidge St. Both flats have been consistently rented over the years. The convenience of the home being located on the bus line has been a real benefit to the tenants over the years. Right across the street from Eken Park in a well-established neighborhood.

Last Agent to Sell the Property

Kathy Good

Bunbury & Assoc, REALTORS License #57423-90 Listed on: 04/21/2022

Last Buyer's Agent

Ronda Thompson

Restaino & Associates License #52190-90

Restaino & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,330

Year Built

  • Built in 1938

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete

Interior Spaces

  • Entrance Foyer
  • Dining Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • Detached Garage
  • 4 Open Parking Spaces
  • Outside Parking

Schools

  • Emerson Elementary School
  • Sherman Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating

Community Details

  • 2 Units
  • Eken Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0810-314-0801-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,330

Year Built

Built in 1938

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
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior: Aluminum/Steel

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 stall garage, Detached, Outside
  • Utilities: Separate elec meters, Separate gas meters

Schools

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

Lot Info

  • Estimated Aces: 0.19
  • Zoning: TR-C4
  • Geo Subdivision: WI

Rental Info

  • Total Income: 1980

Tax Info

  • Net Taxes: 5330
  • Tax Year: 2021
  • Assessor Parcel Number: 0810-314-0801-7

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2025
Sold by
Reid Jessica L and Memmel Jessica L
Bought by
I & R Enterprises Llc
Current Estimated Value
$502,333

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 29, 2022
Sold by
Larue Michael C and Larue Shane J
Bought by
Memmel Jessica L
Seller's Agent
Kathy Good
Bunbury & Assoc, REALTORS
Buyer's Agent
Ronda Thompson
Restaino & Associates
List Price
$379,900
Sold Price
$356,000
Premium/Discount to List
-$23,900
-6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$196,825
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2005
Sold by
Bowes Donald R
Bought by
Larue Michael C and Larue Shane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,800
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
I & R Enterprises Llc -- None Listed On Document
Memmel Jessica L $356,000 None Listed On Document
Larue Michael C $183,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memmel Jessica L $196,825
Previous Owner Larue Michael C $146,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2022 06/29/22 Sold $356,000 -6.3% $186 / Sq Ft
04/21/2022 04/21/22 For Sale $379,900 -- $199 / 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
2024 $12,437 $356,000 $79,100 $276,900
2023 $6,419 $356,000 $73,900 $282,100
2022 $11,212 $287,200 $63,200 $224,000
2021 $5,330 $251,900 $55,400 $196,500
2020 $5,160 $233,200 $51,300 $181,900
2019 $5,181 $233,200 $51,300 $181,900
2018 $5,245 $227,200 $51,300 $175,900
2017 $4,950 $206,500 $46,600 $159,900
2016 $4,558 $184,400 $46,600 $137,800
2015 $4,299 $180,800 $46,600 $134,200
2014 $4,302 $180,800 $46,600 $134,200
2013 $3,989 $180,800 $46,600 $134,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1932343

South Central Wisconsin Multiple Listing Service

APN: 0810-314-0801-7