NOT LISTED FOR SALE

1015 University Bay Dr Madison, WI 53705

Estimated Value: $1,009,024 - $1,074,000

4 Beds
2.5 Baths
2,497 Sq Ft
$420/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $515,000 $206 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $6,616/month

Highlights

  • Open Floorplan
  • Property is near a park
  • Recreation Room
  • Shorewood Hills Elementary School Rated A
  • Multiple Fireplaces
  • Ranch Style House

About This Home

As of April 2016

Marshall Erdmann custom built ranch completely updated. You’re greeted by gleaming hardwood floors, cherry trim, antique doors, new chef’s kitchen with professional Viking appliances, fresh paint inside and out, 2 new gas fireplaces, new fixtures, remodeled baths. Inspiring vistas of public lands and ponds from the dining room & oversized living room. Garden plantings everywhere. A newer roof. Neighborhood pool, limited country club privileges, garden space at UW, and boat slip rental on Mendota available.

Last Agent to Sell the Property

Bill Santner II

First Weber Inc License #58075-94 Listed on: 12/29/2015

First Weber Inc

Last Buyer's Agent

Paul Haviland

Stark Company, REALTORS License #57800-90

Stark Company, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,692

Year Built

  • Built in 1948

Lot Details

  • 0.29 Acre Lot
  • Property is zoned G1

Home Design

  • Ranch Style House
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Multiple Fireplaces
  • Gas Fireplace
  • Recreation Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Windows

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Patio

Location

  • Property is near a park
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Cooling System
  • Water Softener

Community Details

  • Shorewood Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,692

Year Built

Built in 1948

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, Level drive
  • Items Included: All window coverings
  • Year Built: 1948
  • Above Grade Sold Price Per Sq Ft: 315.95
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1630
  • Finished Non Exp Sq Ft: 867
  • Finished Sq Ft: 2497
  • Bedrooms: 4
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 13x11, On Level: M
  • Bedroom 2: Dimensions: 11x10, On Level: M
  • Bedroom 3: Dimensions: 11x9, On Level: M
  • Bedroom 4: Dimensions: 15x13, On Level: L
  • Kitchen: Dimensions: 14x10, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 26x16, On Level: M
  • Dining Room: Dimensions: 18x11, On Level: M
  • Other Rooms: Rec Room
  • Other Room 3: Rec Room, Dimensions: 24x10, On Level: L
  • Laundry: On Level: L
  • Basement: Full, Full Size Windows/Exposed, Walkout to yard, Partially finished, Poured concrete foundatn, Block foundation
  • Fireplace: Gas, 2 fireplaces
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener inc, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Wood
  • Exterior Features: Patio

Garage/Parking

  • Driveway: Paved
  • Garage: 1 car, Attached, Opener
  • Total Full Garage Stalls: 1

Utilities

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

Schools

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

Lot Info

  • Estimated Aces: 0.29
  • Lot Description: Close to busline, Adjacent park/public land
  • Zoning: G1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 8692
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2020
Sold by
King Michael A and King Cullen
Bought by
Kling Michael and Kling Megan C
Current Estimated Value
$1,047,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,800
Outstanding Balance
$335,669
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$712,087

Purchase Details

Listed on
Dec 29, 2015
Closed on
Apr 1, 2016
Sold by
1015 University Bay Drive Llc
Bought by
Kling Michael A and Cullen Kling Megan M
Seller's Agent
Bill Santner II
First Weber Inc
Buyer's Agent
Paul Haviland
Stark Company, REALTORS
List Price
$529,000
Sold Price
$515,000
Premium/Discount to List
-$14,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$412,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2015
Sold by
Bulgrin Susan M
Bought by
1015 University Bay Drive 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 Buyer Sale Price Title Company
Kling Michael -- None Available
Kling Michael A $515,000 Attorney
1015 University Bay Drive Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kling Michael $378,800
Previous Owner Kling Michael A $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2016 04/01/16 Sold $515,000 -2.6% $206 / Sq Ft
01/23/2016 01/23/16 Pending -- -- --
12/29/2015 12/29/15 For Sale $529,000 -- $212 / 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 $13,252 $703,500 $370,500 $333,000
2023 $12,791 $703,500 $370,500 $333,000
2021 $10,956 $516,000 $268,500 $247,500
2020 $10,608 $516,000 $268,500 $247,500
2019 $10,459 $516,000 $268,500 $247,500
2018 $10,004 $516,000 $268,500 $247,500
2017 $10,334 $516,000 $268,500 $247,500
2016 $8,803 $401,367 $176,440 $224,927
2015 $8,692 $401,367 $176,440 $224,927
2014 $8,584 $401,367 $176,440 $224,927
2013 $8,250 $401,367 $176,440 $224,927
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bill Santner II

    First Weber Inc

    (608) 516-4795

    30 Total Sales

    Bill Santner II
    Section Image
  • Paul Haviland

    Buyer's Agent in 2016

    Paul Haviland

    Stark Company, REALTORS

    (608) 843-4442

    381 Total Sales

    Paul Haviland
    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1763857

South Central Wisconsin Multiple Listing Service

APN: 0709-163-9555-4

Wisconsin Dane County Madison 53705

1015 University Bay Dr, Madison, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes