NOT LISTED FOR SALE

1007 University Bay Dr Madison, WI 53705

Estimated Value: $842,000 - $1,100,000

4 Beds
3 Baths
2,088 Sq Ft
$471/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $440,000 $211 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $6,273/month

Highlights

  • Open Floorplan
  • Deck
  • Recreation Room
  • Shorewood Hills Elementary School Rated A
  • Multiple Fireplaces
  • Wooded Lot

About This Home

As of June 2016

Cut $40,000 8/20. Down to studs remodel. 4 bed, 3 bath, vaulted mstr 1 side/3 beds/bath other. Baths have jet tubs/dbl sink granite vanities (mstr w/walk-in shower). SS & granite kit, 4th bed outside entry can be office/laundry/mud rm). LL fam rm, 2nd FP & full bath. New cement drive, 2 car det garage w/walkdown to workshop. 1/3rd acre lot, mature trees, fenced back w/deck. Village pool, tennis, parks, walk/bike to hospitals, UW, whole foods, Hilldale shops, some country club privileges. Best Buy here.

Last Agent to Sell the Property

Thomas Tarrolly

South Central Non-Member License #55949-90 Listed on: 08/01/2015

Last Buyer's Agent

Chas Martin

Sprinkman Real Estate License #57744-90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,168

Year Built

  • Built in 1949

Lot Details

  • 0.35 Acre Lot
  • Fenced Yard
  • Wooded Lot

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Recreation Room
  • Walkup Attic
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space
  • Basement Windows

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

  • Shorewood Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Forced Air Cooling System
  • Water Softener
  • Cable TV Available

Community Details

  • Shorewood Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,168

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Municipality: Shorewood Hills
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Stall shower, Level drive, Low pile or no carpeting
  • Items Included: All window coverings
  • Year Built: 1949
  • Above Grade Price Per Sq Ft: 241.75
  • Above Grade Sold Price Per Sq Ft: 250.28
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1758
  • Finished Non Exp Sq Ft: 330
  • Finished Sq Ft: 2088
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 3
  • Master Bedroom: Dimensions: 12x14, On Level: M
  • Bedroom 2: Dimensions: 11x12, On Level: M
  • Bedroom 3: Dimensions: 9x11, On Level: M
  • Bedroom 4: Dimensions: 9x11, On Level: M
  • Kitchen: Dimensions: 10x12, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 13x23, On Level: M
  • Dining Room: Dimensions: 9x11, On Level: M
  • Other Rooms: Rec Room
  • Other Room 3: Rec Room, Dimensions: 12x23, On Level: L
  • Laundry: On Level: L
  • Basement: Partial, Full Size Windows/Exposed, Partially finished, Crawl space, Sump pump
  • Fireplace: Wood, 2 fireplaces
  • Interior Amenities: Walk-in closet(s), Vaulted ceiling, Walk-up Attic, Washer, Dryer, Water softener inc, Security system, Jetted bathtub, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Fenced Yard, Storage building

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Detached, Opener
  • Total Full Garage Stalls: 2

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer

Schools

  • School District: Madison
  • Elementary School: Shorewood
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Shorewood
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Assessor Parcel Number: 0709-163-9545-6
  • Estimated Aces: 0.35
  • Lot Description: Wooded, Close to busline
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 193500
  • Improvements: 188600
  • Total Assessment: 382100
  • Assessment year: 2015
  • Net Taxes: 8168
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2015
Closed on
May 26, 2016
Sold by
Sillay Karl and Sillay Elizabeth G
Bought by
Kline Raymond and Rudy Shana
Seller's Agent
Thomas Tarrolly
South Central Non-Member
Buyer's Agent
Chas Martin
Sprinkman Real Estate
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%
Current Estimated Value
$983,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,288
Avg. Annual Appreciation
8.92%
Original Mortgage
$417,000
Outstanding Balance
$332,856
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$650,432

Purchase Details

Closed on
Dec 7, 2007
Sold by
Moll Fredrick Templeman and Moll Susan Elaine
Bought by
Sillay Karl and Sillay Elizabeth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kline Raymond $440,000 Attorney
Sillay Karl $405,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kline Raymond $417,000
Previous Owner Sillay Karl $81,000
Previous Owner Sillay Karl $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $440,000 -11.8% $211 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
08/01/2015 08/01/15 For Sale $499,000 -- $239 / 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 $13,213 $701,500 $349,500 $352,000
2023 $11,173 $617,300 $349,500 $267,800
2021 $9,809 $462,400 $251,500 $210,900
2020 $9,498 $462,400 $251,500 $210,900
2019 $9,364 $462,400 $251,500 $210,900
2018 $8,957 $462,400 $251,500 $210,900
2017 $9,252 $462,400 $251,500 $210,900
2016 $8,377 $382,100 $193,500 $188,600
2015 $8,271 $382,100 $193,500 $188,600
2014 -- $382,100 $193,500 $188,600
2013 $7,750 $382,100 $193,500 $188,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1754801

South Central Wisconsin Multiple Listing Service

APN: 0709-163-9545-6