$392,330
SOLD FEB 21, 2014

101 Ferchland Place Unit 403 Monona, WI 53714

Eastmorland Neighborhood
2 Beds
2 Baths
1,532 Sq Ft
$294/mo HOA Fee

Recently Sold

$256 Per Sq Ft

15% Below List Price

179 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Clubhouse
  • Winnequah School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of February 2020

Live the Life. This condo has Lake and City Front this condo is ready for you to finish!! If you want sunsets all year long and a view of the city and capital, this is your unit!! Imagine your large master suite, a wide open living room with fireplace and dining room all facing water. You'll love this 2 bedroom, 2 bath, den, large laundry room, 2 parking stalls, storage unit and a private association water front terrace and pier. Close to bike path and bus line.

Last Agent to Sell the Property

Kimberly Haupt-Leja

South Central Non-Member License #53033-90 Listed on: 06/21/2012

Last Buyer's Agent

Kimberly Haupt-Leja

South Central Non-Member License #53033-90 Listed on: 06/21/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,774

Year Built

  • Built in 2012

HOA Fees

  • $294 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,532 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace
  • Den
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Home Security

  • Home Security System
  • Intercom

Parking

  • Driveway Level
  • On-Site Parking for Sale

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Halls are 36 inches wide or more
  • Low Pile Carpeting

Schools

  • Call School District Elementary And Middle School
  • Monona Grove High School

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Additional Features

  • Air Cleaner
  • Deck
  • Lake Front
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-092-4069-2

Community Details

Overview

  • Association fees include parking, hot water, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 42 Units
  • Located in the Water Crest Condominium master-planned community
  • Built by Stevens Construction
  • Property Manager
  • Greenbelt

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Boat Slip

Security

  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,774

Year Built

Built in 2012

Lot Details

0

HOA Fees

$294 per month

Listing Details

  • Municipality: Monona
  • Status Detail: Sold
  • Mailing City: Monona
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Level drive, Width of hallways 36in+, Low pile or no carpeting
  • Homebuilder: Stevens Construction
  • Items Excluded: Window Coverings
  • Fee Includes: Parking, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Water Crest Condominium
  • Year Built: 2012
  • Above Grade Price Per Sq Ft: 260.44
  • Above Grade Sold Price Per Sq Ft: 256.09
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1532
  • Finished Above Grade Sq Ft: 1532
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 12x16, On Level: M
  • Bedroom 2: Dimensions: 10x13, On Level: M
  • Kitchen: Dimensions: 11x11, On Level: M
  • Kitchen Features: Breakfast bar, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 18x15, On Level: M
  • Dining Room: Dimensions: 11x10, On Level: M
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 13x10, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 07x08
  • Basement: None
  • Fireplace: Gas
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Air cleaner, Security system for Unit, Intercom, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 4
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Waterfront: Has actual water frontage, Lake
  • Waterfront: Yes
  • Lake/River: Monona
  • Exterior: Brick, Fiber cement, Stone
  • Exterior Features: Deck/Balcony

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Underground, 2+ spaces assigned, Additional for sale

Condo/Co-op/Association

  • Common Amenities: Clubhouse, Common Green Space, Security system, Close to busline, Elevator, Boatslip/Pier
  • Condo Fee Month: 294
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 42
  • Units in Association: 42
  • Units In Building: 42

Schools

  • School District: Monona Grove
  • Elementary School: Call School District
  • Middle School: Call School District
  • High School: Monona Grove
  • Elementary School: Call School District
  • High School: Monona Grove
  • Middle School: Call School District
  • School District: Monona Grove

Lot Info

  • Zoning: PUD
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 10000
  • Improvements: 220000
  • Total Assessment: 230000
  • Assessment year: 2012
  • Net Taxes: 4774
  • Tax Year: 2011
  • Assessor Parcel Number: 0710-092-4069-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2019
Closed on
Feb 14, 2020
Sold by
Maerz Thomas R and Maerz Carpenter Living Trust
Bought by
Lovrien Phyllis A and Sommers John A
Seller's Agent
Tammy Krez
Stark Company, REALTORS
Buyer's Agent
Mardi Stroud
First Weber Inc
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$770,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,538
Avg. Annual Appreciation
6.29%
Original Mortgage
$440,000
Outstanding Balance
$394,535
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$372,711

Purchase Details

Closed on
May 30, 2017
Sold by
Maerz Thomas and Carpenter Gail
Bought by
Maerz Thomas R and Carpenter Gail M

Purchase Details

Listed on
Jun 21, 2012
Closed on
Feb 21, 2014
Sold by
Water Crest Llc
Bought by
Maerz Thomas R and Carpenter Gail M
Seller's Agent
Kimberly Haupt-Leja
South Central Non-Member
Buyer's Agent
Kimberly Haupt-Leja
South Central Non-Member
List Price
$459,900
Sold Price
$392,330
Premium/Discount to List
-$67,570
-14.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$190,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2011
Sold by
Water Crest Condominium Association Inc
Bought by
City Of Monona
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $550,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $392,230 None Available
Warranty Deed $23,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 New Conventional
Previous Owner $395,000 New Conventional
Previous Owner $395,000 New Conventional
Previous Owner $190,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $550,000 0.0% $359 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
11/29/2019 11/29/19 For Sale $550,000 +40.2% $359 / Sq Ft
02/21/2014 02/21/14 Sold $392,330 -14.7% $256 / Sq Ft
12/17/2012 12/17/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $459,900 -- $300 / 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 $11,094 $635,500 $11,000 $624,500
2023 $11,536 $622,600 $11,000 $611,600
2021 $10,763 $550,000 $10,000 $540,000
2020 $8,982 $445,200 $10,000 $435,200
2019 $9,322 $445,200 $10,000 $435,200
2018 $8,896 $420,000 $10,000 $410,000
2017 $9,149 $411,900 $10,000 $401,900
2016 $8,785 $392,300 $10,000 $382,300
2015 $8,373 $392,300 $10,000 $382,300
2014 $8,501 $392,300 $10,000 $382,300
2013 $4,774 $230,000 $10,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1658964

South Central Wisconsin Multiple Listing Service

APN: 0710-092-4069-2