$132,000
SOLD OCT 29, 2021

1022 Ridgewood Way Madison, WI 53713

Burr Oaks Neighborhood
2 Beds
1.5 Baths
1,081 Sq Ft
$130/mo HOA Fee

Recently Sold

$122 Per Sq Ft

2% Below List Price

115 Days on Market

Highlights

  • Bonus Room
  • Bathtub
  • Patio
  • West High School Rated A
  • Forced Air Cooling System
  • Private Entrance

About This Home

As of October 2021

Wonderful 2 bedroom/ 1.5 bathroom with 2 off street parking spots. This townhouse style condo has its own private front entrance and patio door. This location cannot be beat, so close to the beltline and the downtown. This quiet dead end road is a great location everyone can appreciate.

Last Agent to Sell the Property

Jeremy Arrington

South Central Non-Member License #55978-90 Listed on: 05/20/2021

Last Buyer's Agent

Robert Hammerly

RE/MAX Preferred License #85792-94

RE/MAX Preferred

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,474

Year Built

  • Built in 1980

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Bonus Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub

Schools

  • Midvale/Lincoln Elementary School
  • Cherokee Heights Middle School
  • West High School

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • Private Entrance

Community Details

  • Association fees include parking, trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 8 Units
  • Located in the Oakridge Condo Assoc master-planned community

Listing and Financial Details

  • Assessor Parcel Number 0709-352-3412-9

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,474

Year Built

Built in 1980

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Townhouse-2 Story
  • Fee Includes: Parking, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Oakridge Condo Assoc
  • Year Built: 1980
  • Above Grade Price Per Sq Ft: 140.63
  • Above Grade Sold Price Per Sq Ft: 137.5
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Finished Non Exp Sq Ft: 121
  • Finished Sq Ft: 1081
  • Finished Above Grade Sq Ft: 960
  • Bedrooms: 2
  • Total Bathrooms: 1.5
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 12X11, On Level: U
  • Bedroom 2: Dimensions: 11X10, On Level: U
  • Kitchen: Dimensions: 10X11, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 14X11, On Level: M
  • Other Rooms: Bonus Room
  • Other Room 1: Bonus Room, Dimensions: 11X11, On Level: L
  • In Unit Laundry Lvl: L
  • Basement: Full, Partially finished, Poured concrete foundatn
  • Interior Amenities: Cable/Satellite Available, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Private Entry, Patio

Utilities

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

Condo/Co-op/Association

  • Condo Fee Month: 130
  • Condo Management: Unit Owners
  • Proposed Units In Assoc: 8
  • Units in Association: 8
  • Units In Building: 8

Schools

  • School District: Madison
  • Elementary School: Midvale/Lincoln
  • Middle School: Cherokee Heights
  • High School: West
  • Elementary School: Midvale/Lincoln
  • High School: West
  • Middle School: Cherokee Heights
  • School District: Madison

Lot Info

  • Zoning: R-3
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 14400
  • Improvements: 97600
  • Total Assessment: 112000
  • Assessment year: 2020
  • Net Taxes: 2474
  • Tax Year: 2020
  • Assessor Parcel Number: 0709-352-3412-9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Oct 29, 2021
Sold by
Mavi Llc
Bought by
Spithill Rebecca
Seller's Agent
Jeremy Arrington
South Central Non-Member
Buyer's Agent
Robert Hammerly
RE/MAX Preferred
List Price
$135,000
Sold Price
$132,000
Premium/Discount to List
-$3,000
-2.22%
Current Estimated Value
$174,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,500
Avg. Annual Appreciation
7.58%
Original Mortgage
$99,000
Outstanding Balance
$91,538
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$82,559

Purchase Details

Listed on
Oct 15, 2018
Closed on
Jan 4, 2019
Sold by
Muurray Michael Richard
Bought by
Mavi Llc
Seller's Agent
Brian Montrey
Realty Executives Cooper Spransy
Buyer's Agent
Carolyn Doering
Bunbury & Assoc, REALTORS
List Price
$119,900
Sold Price
$112,000
Premium/Discount to List
-$7,900
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$89,478
Interest Rate
4.8%
Mortgage Type
Commercial
Source: Public Records

Similar Home in Madison, WI

  • 1002 N Sunnyvale Ln Unit I, Madison, WI 53713

    $149,000

    • 1 Bed
    • 1 Bath
    • 736 Sq Ft
    • 1002 N Sunnyvale Ln
    • Unit I
    • Madison, WI

    Charming 1 bedroom and 1 bath condo located just 3.5 miles from downtown Madison with quick and easy access to the Beltline Hwy. All brand new kitchen appliances (fridge, dish washer, stove), new paint throughout, new flooring, high ceilings in the living room area, private balcony and window AC unit. Located on the 2nd floor and equipped with an intercom door entry system. Move in ready! Seller

    James Stopple Madison Property Management, Inc.

    Section Image
See All Homes in Madison

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
Condominium Deed $132,000 Knight Barry Title
Condominium Deed $112,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $99,000 New Conventional
Previous Owner $89,478 Commercial
Previous Owner $25,500 New Conventional
Previous Owner $8,000 Unknown
Previous Owner $48,925 New Conventional
Previous Owner $51,000 Future Advance Clause Open End Mortgage
Previous Owner $25,000 Unknown
Previous Owner $10,001 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $132,000 -2.2% $122 / Sq Ft
09/06/2021 09/06/21 For Sale $135,000 +2.3% $125 / Sq Ft
08/28/2021 08/28/21 Off Market $132,000 -- --
05/20/2021 05/20/21 For Sale $135,000 +20.5% $125 / Sq Ft
01/04/2019 01/04/19 Sold $112,000 -6.6% $104 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $119,900 +7.1% $111 / Sq Ft
10/17/2018 10/17/18 Off Market $112,000 -- --
10/15/2018 10/15/18 For Sale $119,900 +41.9% $111 / Sq Ft
07/15/2016 07/15/16 Sold $84,500 -0.6% $78 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $85,000 -- $79 / 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 $2,325 $132,000 $16,600 $115,400
2021 $2,377 $119,100 $14,400 $104,700
2020 $2,474 $112,000 $14,400 $97,600
2019 $2,175 $92,400 $14,400 $78,000
2018 $1,872 $92,400 $14,400 $78,000
2017 $1,741 $84,000 $14,400 $69,600
2016 $1,728 $79,800 $14,400 $65,400
2015 $1,834 $79,800 $14,400 $65,400
2014 $1,669 $76,000 $14,400 $61,600
2013 $2,281 $76,000 $14,400 $61,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jeremy Arrington

    South Central Non-Member

  • Robert Hammerly

    Buyer's Agent in 2021

    Robert Hammerly

    RE/MAX

    (608) 219-3998

    1 in this area

    32 Total Sales

    Section Image
  • Brian Montrey

    Seller's Agent in 2019

    Brian Montrey

    Realty Executives

    (608) 770-0602

    81 Total Sales

    Section Image
  • Carolyn Doering

    Buyer's Agent in 2019

    Carolyn Doering

    Bunbury & Assoc, REALTORS

    (608) 284-0277

    32 Total Sales

    Section Image

  • L

    Seller's Agent in 2016

    Lynette Porior-Arcel

    First Weber Inc

    (608) 338-5554

    141 Total Sales

    Section Image

  • C

    Buyer's Agent in 2016

    Christie Hill

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1909645

South Central Wisconsin Multiple Listing Service

APN: 0709-352-3412-9

Wisconsin Dane County Madison 53713 Burr Oaks

1022 Ridgewood Way, Madison, WI

This home is located at 1022 Ridgewood Way, Madison, WI 53713 and is currently priced at $132,000, approximately $122 per square foot. This property was built in 1980. 1022 Ridgewood Way is a home located in Dane County with nearby schools including Lincoln Elementary School, Cherokee Heights Middle School, and West High School.

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