NOT LISTED FOR SALE

1029 Spaight St Unit 5C Madison, WI 53703

Marquette Neighborhood

Estimated Value: $454,000 - $530,000

2 Beds
1.5 Baths
1,084 Sq Ft
$333/mo HOA Fee

Last Sold March 30, 2018

Last sale price $377,500 $348 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,489/month

2 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Wood Flooring
  • Marquette Elementary Rated A-
  • Deck
  • 2-minute walk to Orton Park

About This Home

As of March 2018

Spectacular, modern lakefront condo! Imagine the serene life overlooking Lake Monona from your spacious 3-season sunroom! Imagine Orton Park steps away! Imagine a new kitchen, new bathrooms, flooring and more! Two bedrooms, in-unit laundry, storage unit, community patio, piers and boat slips complete the package. There's nothing to do but move in! Two blocks to Willy St. amenities, three blocks to bike path, walk to downtown! UHP warranty included.

Last Agent to Sell the Property

Neil Richardson

First Weber Inc License #55229-90 Listed on: 01/25/2018

Last Buyer's Agent

Luke Lestikow

First Weber, Inc License #60063-94

First Weber, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,003

Year Built

  • Built in 1964

Lot Details

  • 0.96

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,084 Sq Ft Home
  • Great Room
  • Sun or Florida Room
  • Storage Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Deck
  • Lake Front
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-073-1619-6

Community Details

Overview

  • Association fees include parking, hot water, trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 26 Units
  • Located in the Shorecrest East Condos master-planned community
  • Property Manager
  • Greenbelt

Recreation

  • Community Boat Slip

Security

  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,003

Year Built

Built in 1964

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, Conversion
  • Items Excluded: All seller's personal property
  • Items Included: Range/oven, refrigerator, dishwasher, disposal, microwave oven, clothes washer/dryer, all window coverings.
  • Fee Includes: Parking, Hot Water, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Shorecrest East Condos
  • Year Built: 1964
  • Above Grade Sold Price Per Sq Ft: 348.25
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1084
  • Finished Above Grade Sq Ft: 1084
  • Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 16x13, On Level: M
  • Bedroom 2: Dimensions: 12x9, On Level: M
  • Kitchen: Dimensions: 8x8, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 17x17, On Level: M
  • Dining Room: Dimensions: 9x8, On Level: M
  • Other Rooms: Sun Room
  • Other Room 1: Sun Room, Dimensions: 20x6, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Great room, Washer, Dryer, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 3
  • Primary Bedroom Bathrooms: Half

Exterior Features

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

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 space assigned, Outside only

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Security system, Close to busline, Boatslip/Pier
  • Condo Fee Month: 333
  • Condo Management: Professional offsite
  • Units in Association: 26
  • Units In Building: 26

Schools

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

Lot Info

  • Zoning: HIS-TL
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 6003
  • Tax Year: 2016
  • Assessor Parcel Number: 0710-073-1619-6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2018
Closed on
Mar 30, 2018
Sold by
Ball Jeffrey C and Ball Carolyn A
Bought by
May William M and Bock Jennifer J
Seller's Agent
Neil Richardson
First Weber Inc
Buyer's Agent
Luke Lestikow
First Weber, Inc
List Price
$374,900
Sold Price
$377,500
Premium/Discount to List
$2,600
0.69%
Current Estimated Value
$506,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,088
Avg. Annual Appreciation
3.64%
Original Mortgage
$358,625
Outstanding Balance
$307,980
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$190,903

Purchase Details

Closed on
Apr 15, 2015
Sold by
Normandt Peter
Bought by
Ball Jeffrey C and Ball Carolyn A

Purchase Details

Closed on
Jul 13, 2011
Sold by
Wenban Katherine A
Bought by
Normandt Peter
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
May William M $377,500 --
Ball Jeffrey C $260,000 None Available
Normandt Peter $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May William M $358,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $377,500 +0.7% $348 / Sq Ft
01/27/2018 01/27/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $374,900 -- $346 / 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 $7,782 $448,500 $59,000 $389,500
2022 $15,733 $415,300 $59,000 $356,300
2021 $8,540 $415,300 $59,000 $356,300
2020 $8,209 $377,500 $36,200 $341,300
2019 $8,218 $377,500 $36,200 $341,300
2018 $5,589 $260,000 $36,200 $223,800
2017 $5,848 $260,000 $36,200 $223,800
2016 $6,003 $260,000 $36,200 $223,800
2015 $5,156 $221,400 $32,900 $188,500
2014 $5,155 $221,400 $32,900 $188,500
2013 $4,422 $205,000 $32,900 $172,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1821145

South Central Wisconsin Multiple Listing Service

APN: 0710-073-1619-6