Charming bungalow situated a 1/2 block to Olbrich Park which offers the famous sledding hill, a waterfront pier, a natural play area & biergarten all in one of the most sought after neighborhoods in Madison! Gorgeous character; foyer entry, oak hardwood floors, wide mop board trim, original woodwork trim, arched doorway, & a hall separating the bedrooms, bath and linen closet from the main living. Vintage kitchen offers nostalgia or space for improvement, depending on your lens, & leads out to a three season porch w/newer vinyl windows & flooring to enjoy morning coffee or long summer evenings. Walk up attic offers potential for expansion & LL offers a den/office, shop area and laundry! New 1 car garage & driveway '18, furnace '20 & inquire about credit/upgrade for electrical wiring/panel.
Sold for $415,000
$415,000
502 Welch Ave, Madison, WI 53704
2beds
989sqft
Single Family Residence
Built in 1928
5,227.2 Square Feet Lot
$488,800 Zestimate®
$420/sqft
$2,040 Estimated rent
Home value
$488,800
$459,000 - $518,000
$2,040/mo
Zestimate® history
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$2,682/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Liz Lauer,
Lauer Realty Group, Inc.
Bought with:
Liz Lauer, 56139-90
Lauer Realty Group, Inc.
Source: SCWMLS,MLS#: 1983343
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Bedroom 2
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Dining room
- Level: Main
- Area: 130
- Dimensions: 13 x 10
Kitchen
- Features: Range/Oven, Refrigerator
- Level: Main
- Area: 165
- Dimensions: 15 x 11
Living room
- Level: Main
- Area: 169
- Dimensions: 13 x 13
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Washer, Dryer, Water Softener Included
Features
- Internet- Fiber available, Den/Office
- Basement: Full,Partially Finished
- Attic: Walk-up
- Has fireplace: No
Interior area
- Total structure area: 989
- Total interior livable area: 989 sqft
- Finished area above ground: 908
Property
Parking
- Total spaces: 1
- Parking features: 1 car, Detached, Garage Door Opener
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 5,227 sqft
- Features: Near Public Transit, Corner Lot, Sidewalk
Details
- Parcel number: 071005320165
- Zoning: TR-C3
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Poured concrete foundatn
Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Madison
- Subdivision: Elmside
Other
Other facts
- Listing terms: Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2024 | Sold | $415,000-2.4%$420/sqft |
Source: Public Record Report a problem | ||
| 9/4/2024 | Pending sale | $425,000$430/sqft |
Source:  WIREX MLS #1983343 Report a problem | ||
| 8/15/2024 | Listed for sale | $425,000$430/sqft |
Source: WIREX MLS #1983343 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,515 +2% | $435,000 +5% |
| 2023 | $8,347 | $414,300 +10% |
| 2022 | -- | $376,600 +15% |
| 2021 | -- | $327,500 +3% |
| 2020 | -- | $318,000 +5% |
| 2019 | $6,124 | $302,900 +10% |
| 2018 | $6,124 -3.5% | $275,400 |
| 2017 | $6,346 +7.3% | $275,400 +6% |
| 2016 | $5,912 +3% | $259,800 +8.2% |
| 2014 | $5,742 +17.3% | $240,200 +6% |
| 2013 | $4,895 -4.9% | $226,600 +5% |
| 2012 | $5,146 +5.1% | $215,800 |
| 2011 | $4,895 +1.5% | $215,800 -2% |
| 2010 | $4,823 +4.9% | $220,200 -3% |
| 2009 | $4,597 +4.9% | $227,000 |
| 2008 | $4,381 -1.8% | $227,000 |
| 2007 | $4,460 +3.7% | $227,000 +4% |
| 2006 | $4,301 +2.4% | $218,300 +8% |
| 2005 | $4,201 +6% | $202,100 +13.5% |
| 2004 | $3,962 +12.3% | $178,100 |
| 2003 | $3,528 +4.7% | $178,100 +24% |
| 2002 | $3,369 +3% | $143,600 +8% |
| 2001 | $3,269 +3% | $133,000 +6% |
| 2000 | $3,176 | $125,500 |
Find assessor info on the county website
Neighborhood: Schenk-Atwood
Nearby schools
GreatSchools rating
- 5/10Lowell Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 8/10O'keeffe Middle SchoolGrades: 6-8Distance: 1 mi
- 8/10East High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Lowell
- Middle: OKeeffe
- High: East
- District: Madison
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$488,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$488,800
- Wisconsin
- Dane County
- Madison
- 53704
- Schenk-Atwood
- 502 Welch Ave
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