NOT LISTED FOR SALE

Estimated Value: $383,000 - $552,000

2 Beds
3 Baths
2,092 Sq Ft
$265/mo HOA Fee

Last Sold October 25, 2012

Last sale price $235,000 $112 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,325/month

Highlights

  • Lake Front
  • Open Floorplan
  • Vaulted Ceiling
  • Spring Harbor Middle School Rated A-
  • Recreation Room
  • Separate Shower in Primary Bathroom

About This Home

As of October 2012

Beautifully maintained condo in a great central location. This 2 bedroom 3 bath ranch condominium is conveniently located just off High Point Road. This floor plan flows very well with an open kitchen, private laundry and many upgrades including a partially finished basement and bath! Call for your personal showing today, quality at this price moves quickly.

Last Agent to Sell the Property

Brandon Buell

Realty Executives Cooper Spransy License #53583-90 Listed on: 07/13/2012

Realty Executives Cooper Spransy

Last Buyer's Agent

Chris Venden

Realty Executives Cooper Spransy License #61276-94

Realty Executives Cooper Spransy

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • 2.07

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Ranch Property
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Gas Fireplace
  • Recreation Room
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Partially Finished Basement

  • Partial Basement
  • Sump Pump

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Level Entry For Accessibility

Schools

  • Stephens Elementary School
  • Jefferson Middle School
  • Memorial High School

Additional Features

  • Patio
  • Lake Front
  • Forced Air Cooling System

Community Details

  • Association fees include common area maintenance, common area insurance, reserve fund
  • 2 Units
  • Located in the Southern Hill master-planned community
  • Property Manager
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 0708-353-1501-5

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Ranch-1 Story, Shared Wall/Half duplex
  • Barrier Free: Open floor plan, Ramped or level entrance, First floor bedroom, First floor full bath
  • Items Included: Some Window Coverings
  • Fee Includes: Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Southern Hill
  • Year Built: 2004
  • Above Grade Price Per Sq Ft: 143.32
  • Above Grade Sold Price Per Sq Ft: 139.47
  • Special Features: 20
  • Property Sub Type: Condos

Interior Features

  • Finished Non Exp Sq Ft: 407
  • Finished Sq Ft: 2092
  • Finished Above Grade Sq Ft: 1685
  • Bedrooms: 2
  • Total Bathrooms: 3
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 3
  • Master Bedroom: Dimensions: 12x17, On Level: M
  • Bedroom 2: Dimensions: 11x13, On Level: M
  • Kitchen: Dimensions: 11x16, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Disposal
  • Living Room: Dimensions: 13x17, On Level: M
  • Dining Room: Dimensions: 12x15, On Level: M
  • Other Rooms: Rec Room
  • Other Room 3: Rec Room, Dimensions: 10x16, On Level: L
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 6x7
  • Basement: Partial, Partially finished, Sump pump
  • Fireplace: Gas, 1 fireplace
  • Interior Amenities: Walk-in closet(s), Vaulted ceiling, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: Full, Walk-in Shower, Separate Tub

Exterior Features

  • Waterfront: Lake
  • Exterior: Vinyl, Brick, Stone
  • Exterior Features: Patio

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 2 car Garage, Attached

Condo/Co-op/Association

  • Common Amenities: Common Green Space
  • Condo Fee Month: 265
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 54
  • Units in Association: 54
  • Units In Building: 2

Schools

  • School District: Madison
  • Elementary School: Stephens
  • Middle School: Jefferson
  • High School: Memorial
  • Elementary School: Stephens
  • High School: Memorial
  • Middle School: Jefferson
  • School District: Madison

Lot Info

  • Zoning: PUDSIP
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 40000
  • Improvements: 243700
  • Total Assessment: 283700
  • Assessment year: 2012
  • Net Taxes: 6359
  • Tax Year: 2011
  • Assessor Parcel Number: 0708-353-1501-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2012
Closed on
Oct 22, 2012
Sold by
Fannie Mae
Bought by
Michalski Donald and Michalski Mary
Seller's Agent
Brandon Buell
Realty Executives Cooper Spransy
Buyer's Agent
Chris Venden
Realty Executives Cooper Spransy
List Price
$267,900
Sold Price
$235,000
Premium/Discount to List
-$32,900
-12.28%
Current Estimated Value
$487,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,166
Avg. Annual Appreciation
6.50%
Original Mortgage
$188,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 2012
Sold by
Nelson Jeannette J and Krause Jeannette J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 12, 2005
Sold by
Gorman & Co Inc
Bought by
Krause Jeannette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,671
Interest Rate
5.83%
Mortgage Type
New Conventional
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
Michalski Donald -- None Available
Federal National Mortgage Association -- None Available
Krause Jeannette J $290,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Michalski Donald $35,000
Previous Owner Michalski Donald $188,000
Previous Owner Nelson Jeannette J $252,000
Previous Owner Krause Jeannette J $261,671
Previous Owner Gorman & Company Inc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2012 10/25/12 Sold $235,000 -12.3% $112 / Sq Ft
09/20/2012 09/20/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $267,900 -- $128 / 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 $17,841 $523,800 $64,500 $459,300
2023 $8,288 $476,200 $58,600 $417,600
2021 $7,847 $383,100 $51,900 $331,200
2020 $7,697 $354,700 $51,900 $302,800
2019 $7,703 $354,700 $51,900 $302,800
2018 $7,564 $347,700 $49,900 $297,800
2017 $7,582 $334,300 $47,100 $287,200
2016 $7,055 $303,900 $42,800 $261,100
2015 $6,938 $283,700 $40,000 $243,700
2014 $6,664 $283,700 $40,000 $243,700
2013 $6,359 $283,700 $40,000 $243,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1661029

South Central Wisconsin Multiple Listing Service

APN: 0708-353-1501-5