$365,000
SOLD DEC 20, 2024

101 Ferchland Place Unit 407 Monona, WI 53714

Eastmorland Neighborhood
2 Beds
1 Bath
981 Sq Ft
$439/mo HOA Fee

Recently Sold

$372 Per Sq Ft

6% Below List Price

28 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Wood Flooring
  • Winnequah School Rated A-
  • Deck
  • Elevator

About This Home

As of December 2024

SD 10/25. Don’t miss this fantastic opportunity to own a stylish condo in the luxurious Water Crest community! This 2-bed, 1-bath features elegant design details, including hardwood floors, granite countertops in both the kitchen & bathroom, sophisticated light fixtures, & stainless steel appliances. The newly installed washer & dryer add extra convenience. Beautiful, natural sunlight floods the living & main bedrooms. Step out onto your private balcony or enjoy the community terrace while taking in stunning views of Lake Monona. The Water Crest community offers access to a guest suite & private pier for an additional fee. The 2nd bedroom is not legal; it doesn’t have a closet or a window, but it can easily be used as an office or workout space. 2 underground heated parking spots. For more information and to set up a private showing contact Carlos 608.438.6757.

Last Agent to Sell the Property

Carlos Alvarado

Compass Real Estate Wisconsin License #55155-90 Listed on: 10/21/2024

Compass Real Estate Wisconsin

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,354

Year Built

  • Built in 2008

HOA Fees

  • $439 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 981 Sq Ft Home
  • Storage Room
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener

Schools

  • Winnequah Elementary School
  • Glacial Drumlin Middle School
  • Monona Grove High School

Utilities

  • Forced Air Cooling System
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 0710-092-4077-2

Community Details

Overview

  • Association fees include parking, hot water, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 407 Units
  • Located in the Water Crest Condominiums master-planned community
  • Property Manager
  • Greenbelt

Recreation

  • Community Boat Slip

Additional Features

  • Elevator
  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,354

Year Built

Built in 2008

Lot Details

0

HOA Fees

$439 per month

Listing Details

  • Municipality: Monona
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Excluded: Seller's personal property
  • Items Included: Refrigerator, Range oven, Dishwasher, Garbage disposal, TV, TV bracket, Washer, Dryer
  • Fee Includes: Parking, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Water Crest Condominiums
  • Year Built: 2008
  • Above Grade Price Per Sq Ft: 387.26
  • Above Grade Sold Price Per Sq Ft: 372.07
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 981
  • Finished Above Grade Sq Ft: 981
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 14x12, On Level: M
  • Bedroom 2: Dimensions: 13X10, On Level: M
  • Kitchen: Dimensions: 11x9, On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 18x13, On Level: M
  • Dining Room: Dimensions: 12x9, On Level: M
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Washer, Dryer, Intercom, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub, Split bedrooms, Internet - Cable, Internet -Fiber Available
  • Floor Number: 4
  • Primary Bedroom Bathrooms: Full, Tub/Shower Combo

Exterior Features

  • Waterfront: Lake
  • Exterior: Brick
  • Exterior Features: Deck/Balcony

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Underground, Heated, 2+ spaces assigned, Opener inc

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Security system, Close to busline, Elevator, Boatslip/Pier
  • Condo Fee Month: 439
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 42
  • Units in Association: 42
  • Units In Building: 407

Schools

  • School District: Monona Grove
  • Elementary School: Winnequah
  • Middle School: Glacial Drumlin
  • High School: Monona Grove
  • Elementary School: Winnequah
  • High School: Monona Grove
  • Middle School: Glacial Drumlin
  • School District: Monona Grove

Lot Info

  • Zoning: PUD
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 11000
  • Improvements: 329100
  • Total Assessment: 340100
  • Assessment year: 2023
  • Net Taxes: 6354
  • Tax Year: 2023
  • Assessor Parcel Number: 0710-092-4077-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Dec 20, 2024
Sold by
Langford James and Langford Cherry
Bought by
Dc Mx Herro Revocable Living Trust and Herro
Seller's Agent
Carlos Alvarado
Compass Real Estate Wisconsin
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$389,900
Sold Price
$365,000
Premium/Discount to List
-$24,900
-6.39%
Views
175
Current Estimated Value
$374,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,531
Avg. Annual Appreciation
4.35%
Original Mortgage
$66,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 15, 2021
Closed on
Dec 20, 2021
Sold by
Kathy Nicholson
Bought by
Langford James and Langford Cherry
Seller's Agent
Marine Yoo
Real Broker LLC
Buyer's Agent
Carlos Alvarado
Compass Real Estate Wisconsin
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$270,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2018
Closed on
Nov 30, 2018
Sold by
Rich Pamela R
Bought by
Nicolson Kathy
Seller's Agent
Daniel Tenney
MHB Real Estate
Buyer's Agent
Matt Kornstedt
Stark Company, REALTORS
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$225,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2015
Closed on
Jan 29, 2016
Sold by
Bell Palmer H and Bell Charlotte S
Bought by
Rich Pamela R
Seller's Agent
Mame Staniszewski
Wind Chime Realty
Buyer's Agent
Jacci See
Compass Real Estate Wisconsin
List Price
$215,000
Sold Price
$205,500
Premium/Discount to List
-$9,500
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$100,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

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

Purchase Details

Closed on
Nov 24, 2010
Sold by
Water Crest Llc
Bought by
Bell Palmer H and Bell Charlotte S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,750
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2010
Sold by
Steinnes Donald N and Steinnes Mary Ann
Bought by
Water Crest Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warranty Deed -- None Listed On Document
Warranty Deed $300,000 None Listed On Document
Condominium Deed $240,000 None Available
Deed $205,500 Attorney
Warranty Deed $23,100 --
Warranty Deed $197,000 None Available
Warranty Deed $199,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $66,000 Credit Line Revolving
Previous Owner $270,000 New Conventional
Previous Owner $220,000 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $20,000 Credit Line Revolving
Previous Owner $139,100 New Conventional
Previous Owner $147,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $365,000 -3.9% $372 / Sq Ft
11/04/2024 11/04/24 Price Changed $379,900 -2.6% $387 / Sq Ft
10/23/2024 10/23/24 For Sale $389,900 +6.8% $397 / Sq Ft
10/21/2024 10/21/24 Off Market $365,000 -- --
12/20/2021 12/20/21 Sold $300,000 0.0% $306 / Sq Ft
11/22/2021 11/22/21 Price Changed $300,000 -4.8% $306 / Sq Ft
11/15/2021 11/15/21 For Sale $315,000 +31.3% $321 / Sq Ft
11/30/2018 11/30/18 Sold $240,000 -4.0% $245 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $250,000 +21.7% $255 / Sq Ft
01/29/2016 01/29/16 Sold $205,500 -4.4% $209 / Sq Ft
12/06/2015 12/06/15 Pending -- -- --
05/23/2015 05/23/15 For Sale $215,000 -- $219 / 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 $5,737 $347,100 $11,000 $336,100
2023 $5,895 $340,100 $11,000 $329,100
2021 $4,767 $254,400 $10,000 $244,400
2020 $4,701 $240,000 $10,000 $230,000
2019 $4,863 $240,000 $10,000 $230,000
2018 $5,061 $245,000 $10,000 $235,000
2017 $4,425 $208,400 $10,000 $198,400
2016 $4,264 $192,500 $10,000 $182,500
2015 $4,066 $192,500 $10,000 $182,500
2014 $4,127 $192,500 $10,000 $182,500
2013 $3,982 $192,500 $10,000 $182,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1988208

South Central Wisconsin Multiple Listing Service

APN: 0710-092-4077-2