Sold

$365,000

501 N Fair Oaks Ave, Madison, WI 53714

4beds

1,864sqft

Apartment

Built in 1932

-- sqft lot

$416,600 Zestimate^®

$196/sqft

$1,691 Estimated rent

Home value

$416,600

$396,000 - $442,000

$1,691/mo

Zestimate^® history

Owner options

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$1,691/mo

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$1,691/mo

Rent Zestimate^®

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$2,565/mo

Est. payment

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$2,565/mo

Est. payment

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What's special

LOOKING FOR AN INVESTMENT PROPERTY?! 2-Flat Near Madison's Desirable Atwood Avenue Area! Unit #501 has a Kitchen w/Dinette Area (includes NEW stove w/Air Fryer in 2023, refrigerator & dishwasher), Great Room w/Hardwood Floors, 2 Bedrooms, 1 Full Bath, Sunroom/Office Area, Basement Laundry + 2 Outdoor Parking Stalls! Unit #503 has a Kitchen w/Dinette Area (includes NEW stove in 2021 & refrigerator), Great Room w/Hardwood Floors, 2 Bedrooms, 1 Full Bath, Sunroom/Office Area, Basement Laundry + 2 Outdoor Parking Stalls! Both units also have 1 A/C unit + 1 portable A/C unit! Both units share the walkout Basement w/Plenty of Storage! Both Units Repainted in 2022/2023! NEW Windows-2022! NEW Roof-2021! NEW Stairs on Back Deck-2020! NEW Water Softener-Approx 2018! Updated Water Heater-2013!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas, Forced Air

Appliances

Included: Dishwasher (Unit 1), Range/Oven (Unit 1), Refrigerator (Unit 1), Washer/Dryer (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Washer/Dryer (Unit 2), Water Softener Owned

Features

Eat In Kitchen (Unit 1), Eat In Kitchen (Unit 2)
Basement: Full,Walk-Out Access

Interior area

Total structure area: 1,864
Total interior livable area: 1,864 sqft

Property

Parking

Total spaces: 4
Parking features: 2 spaces, Outside
Details: Outside

Lot

Size: 5,227 Square Feet
Features: Near Public Transit

Details

Parcel number: 071005106142
Zoning: R-4

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Vinyl Siding

Condition

Year built: 1932

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Separate elec meters

Community & HOA

Location

Region: Madison

Financial & listing details

Price per square foot: $196/sqft
Tax assessed value: $222,500
Annual tax amount: $4,252
Date on market: 2/1/2024
Listing terms: Arms Length
Inclusions: 2 stoves, 2 refrigerators, 1 dishwasher, 2 washers, 2 dryers, 1 furnace, 2 A/C units + 2 portable A/C units, 1 water softener
Exclusions: Seller's/tenant's personal property
Total actual rent: 34800

Price history

Date	Event	Price
2/29/2024	Sold	$365,000-2.6%$196/sqft
Source: Public Record Report a problem
2/6/2024	Contingent	$374,900$201/sqft
Source: WIREX MLS #1970391 Report a problem
2/1/2024	Listed for sale	$374,900+87.7%$201/sqft
Source: WIREX MLS #1970391 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
6/20/2020	Listing removed	$1,200$1/sqft
Source: Owner Report a problem
6/15/2020	Listed for rent	$1,200$1/sqft
Source: Owner Report a problem
2/13/2015	Sold	$199,700-0.1%$107/sqft
Source: Public Record Report a problem
11/14/2014	Listed for sale	$200,000+0.5%$107/sqft
Source: Win Win Partners LLC dba Keller Williams Realty Madison East #1731658 Report a problem
7/26/2006	Sold	$199,000$107/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,092 -7.5%	$327,800 +47.3%
2023	$4,421 +4%	$222,500
2022	$4,252 +5.3%	$222,500
2021	$4,038 +5.7%	$222,500
2020	$3,819 +6.4%	$222,500
2019	$3,590 0%	$222,500 +11.8%
2018	$3,590 -2.3%	$199,000
2017	$3,675 -6.1%	$199,000
2016	$3,913 -3.4%	$199,000
2015	$4,050 -6.2%	$199,000
2014	$4,319 +1.7%	$199,000
2013	$4,244 +0.6%	$199,000
2012	$4,221 -0.2%	$199,000
2011	$4,228	$199,000
2010	$4,228 +9.5%	$199,000
2009	$3,861 +35.6%	$199,000 +67.5%
2008	$2,847 -0.8%	$118,800
2007	$2,870 +7.7%	$118,800
2006	$2,665 -0.2%	$118,800
2005	$2,671	$118,800
2004	$2,671 +0.6%	$118,800
2003	$2,655 +1.6%	$118,800 +29.6%
2002	$2,613 +2.7%	$91,700
2001	$2,544 +2.6%	$91,700
2000	$2,480	$91,700