NOT LISTED FOR SALE

1014 Spaight St Unit 3 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $338,000 - $384,000

2 Beds
1 Bath
912 Sq Ft
$275/mo HOA Fee

Last Sold April 24, 2017

Last sale price $195,000 $214 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,522/month

10 Days on Market

Highlights

  • Wood Flooring
  • Bathtub
  • Storage Room
  • Marquette Elementary Rated A-
  • Patio
  • 4-minute walk to Orton Park

About This Home

As of April 2017

Well-maintained 2 bedroom, 1 full bath condo in highly desired location downtown! Easy walk to restaurants, coffee shops, and Willy St Co-op. Just 1 block to Lake Monona and Orton Park. This 1st floor unit features a great layout, spacious bedrooms, beautiful kitchen cabinetry, and updated flooring throughout. Bathroom has a solid surface vanity. Living room features a built-in bookcase and gas fireplace. Convenient bike shed out back to store your bikes. Condo fee includes heat and hot water!

Last Agent to Sell the Property

Ryan Koch

Keller Williams Realty License #68599-94 Listed on: 03/14/2017

Keller Williams Realty

Last Buyer's Agent

Ryan Koch

Keller Williams Realty License #68599-94 Listed on: 03/14/2017

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 1975

Lot Details

  • 0.3

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 912 Sq Ft Home
  • Gas Fireplace
  • Storage Room
  • Laundry on lower level
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Patio
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-134-3003-2

Community Details

Overview

  • Association fees include parking, heat, hot water, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 10 Units
  • Located in the The Farwell master-planned community
  • Greenbelt

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,984

Year Built

Built in 1975

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Included: Window/Wall AC, Window Coverings
  • Fee Includes: Parking, Heat, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: The Farwell
  • Year Built: 1975
  • Above Grade Sold Price Per Sq Ft: 213.82
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 912
  • Finished Above Grade Sq Ft: 912
  • Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 14x11, On Level: M
  • Bedroom 2: Dimensions: 12x11, On Level: M
  • Kitchen: Dimensions: 10x8, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 18x11, On Level: M
  • Dining Room: Dimensions: 9x8, On Level: M
  • In Unit Laundry Lvl: L
  • Basement: Full
  • Fireplace: Gas
  • Interior Amenities: Wood or sim. wood floors, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

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

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant, Window AC
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 space assigned, Outside only

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Shared Laundry Facilities, Close to busline
  • Condo Fee Month: 275
  • Condo Management: Unit Owners
  • Units in Association: 10
  • Units In Building: 10

Schools

  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Zoning: TR-V2
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 3984
  • Tax Year: 2016
  • Assessor Parcel Number: 0709-134-3003-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2017
Closed on
Apr 24, 2017
Sold by
Peterson Megan R
Bought by
Ding Janmin Michael and Kuo Wendy
Seller's Agent
Ryan Koch
Keller Williams Realty
Buyer's Agent
Ryan Koch
Keller Williams Realty
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$360,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,831
Avg. Annual Appreciation
7.14%
Original Mortgage
$156,000
Outstanding Balance
$129,886
Interest Rate
4.23%
Mortgage Type
Unknown
Estimated Equity
$225,804

Purchase Details

Closed on
Jan 31, 2007
Sold by
The Russell H Endres Living Trust
Bought by
Peterson Megan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
6.19%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ding Janmin Michael $195,000 First American Title
Peterson Megan R $183,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ding Janmin Michael $156,000
Previous Owner Peterson Megan R $164,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2017 04/24/17 Sold $195,000 -2.5% $214 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $199,900 -- $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
2023 $4,541 $251,900 $26,200 $225,700
2022 $9,670 $247,000 $26,200 $220,800
2021 $4,299 $202,800 $26,200 $176,600
2020 $4,302 $195,000 $20,000 $175,000
2019 $4,320 $195,000 $20,000 $175,000
2018 $4,314 $195,000 $20,000 $175,000
2017 $3,798 $166,200 $20,000 $146,200
2016 $3,904 $166,200 $20,000 $146,200
2015 $3,648 $153,900 $20,000 $133,900
2014 $3,651 $153,900 $20,000 $133,900
2013 $4,296 $176,500 $20,000 $156,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1797210

South Central Wisconsin Multiple Listing Service

APN: 0709-134-3003-2