NOT LISTED FOR SALE

108 Ferchland Place Unit 3869 Monona, WI 53714

Lake Edge Neighborhood

Estimated Value: $584,000 - $792,000

3 Beds
2.5 Baths
1,968 Sq Ft
$332/Sq Ft Est. Value

Last Sold November 14, 2019

Last sale price $419,900 $213 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,352/month

250 Days on Market

Highlights

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

About This Home

As of November 2019

Life is better on the lake! Rare opportunity to own a gorgeous townhouse-style condo in this exclusive development on Lake Monona. This home has been fully remodeled throughout; sparing no expense to the renovation including a brand new kitchen and bathrooms with a jetted tub. Stunning views of the Capitol, Madison skyline, and sunsets over the lake. 3 decks and a patio really allow you to take in all of the views. Private, extra-wide driveway with attached garage. This home also has Lake Monona waterfront rights with its own private dock and private boat slip that are all included in the ultra-low HOA dues! PS Bring your dog/cats along too! Driveway has been re poured to add additional parking space. Condo dues paid in full for the year!

Last Agent to Sell the Property

Jason Berning

Realty Executives Cooper Spransy License #84437-94 Listed on: 02/23/2019

Realty Executives Cooper Spransy

Last Buyer's Agent

Kathleen Abraham

Stark Company, REALTORS License #25102-90

Stark Company, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,277

Year Built

  • Built in 1978

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Private Entrance

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Stone Exterior Construction

Interior Spaces

  • Multiple Fireplaces
  • Electric Fireplace
  • Wood Flooring
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Waterski or Wakeboard
  • Deck
  • Patio

Location

  • Property is near a bus stop

Schools

  • Call School District Elementary School
  • Glacial Drumlin Middle School
  • Monona Grove High School

Utilities

  • Forced Air Cooling System
  • Tankless Water Heater
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0710-093-2662-0

Community Details

Overview

  • Association fees include parking, snow removal, common area maintenance, reserve fund, lawn maintenance
  • 9 Units
  • Located in the Winchester Bay master-planned community
  • Property Manager
  • Greenbelt

Recreation

  • Community Boat Slip

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,277

Year Built

Built in 1978

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Municipality: Monona
  • Status Detail: Sold
  • Mailing City: Monona
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Townhouse-2 Story
  • Items Excluded: Furniture, TV's, sellers personal property.
  • Items Included: Stove, oven, refrigerator, dishwasher, microwave, clothes washer, clothes dryer, water softener (owned), all window coverings/blinds.
  • Fee Includes: Parking, Snow removal, Common area maintenance, Reserve fund, Lawn maintenance
  • Project Name: Winchester Bay
  • Year Built: 1978
  • Above Grade Price Per Sq Ft: 320.92
  • Above Grade Sold Price Per Sq Ft: 317.15
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Finished Non Exp Sq Ft: 430
  • Finished Sq Ft: 1968
  • Finished Above Grade Sq Ft: 1324
  • Bedrooms: 3
  • Total Bathrooms: 2.5
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 9x17, On Level: U
  • Bedroom 2: Dimensions: 10x14, On Level: U
  • Bedroom 3: Dimensions: 10x17, On Level: M
  • Kitchen: Dimensions: 8x17, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 13x14, On Level: M
  • Dining Room: Dimensions: 10x17, On Level: M
  • Dining Area: Dimensions: 8x9, On Level: M
  • Family Room: Dimensions: 11x13, On Level: L
  • In Unit Laundry Lvl: U
  • In Unit Laundry Room Dim: 11x12
  • Basement: Finished, Poured concrete foundatn
  • Fireplace: Electric, 2 fireplaces
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Washer, Dryer, Water softener included, Jetted bathtub, Cable/Satellite Available, At Least 1 tub, Tankless Water Heater
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Waterfront: Has actual water frontage, Lake, Water ski lake
  • Waterfront: Yes
  • Lake/River: Monona
  • Exterior: Fiber cement, Stone
  • Exterior Features: Private Entry, Deck/Balcony, Patio, Cul de Sac

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 car Garage, Opener inc

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Close to busline, Boatslip/Pier
  • Condo Fee Month: 130
  • Condo Management: Professional offsite, Unit Owners
  • Proposed Units In Assoc: 9
  • Units in Association: 9
  • Units In Building: 9

Schools

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

Green Features

  • Energy Eff Green: Energy Star Appliance(s)

Lot Info

  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 77700
  • Improvements: 136100
  • Total Assessment: 213800
  • Assessment year: 2017
  • Net Taxes: 4277
  • Tax Year: 2018
  • Assessor Parcel Number: 0710-093-2662-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2019
Closed on
Nov 14, 2019
Sold by
Boyle Daniel and Boyle Tzu
Bought by
Rattmann Gary R and Janssen Kathy A
Seller's Agent
Jason Berning
Realty Executives Cooper Spransy
Buyer's Agent
Kathleen Abraham
Stark Company, REALTORS
List Price
$424,900
Sold Price
$419,900
Premium/Discount to List
-$5,000
-1.18%
Current Estimated Value
$640,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,009
Avg. Annual Appreciation
6.30%
Original Mortgage
$314,900
Outstanding Balance
$282,002
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$314,512

Purchase Details

Closed on
Jan 11, 2012
Sold by
Boyle Daniel and Boyle Tzu Yeah
Bought by
City Of Monona

Purchase Details

Closed on
Mar 23, 2011
Sold by
Federal National Mortgage Association
Bought by
Boyle Daniel and Boyle Tzu Yeuh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2010
Sold by
Manning Mary Beth
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Rattmann Gary R $419,900 Knight Barry Title
City Of Monona $9,500 None Available
Boyle Daniel -- None Available
Federal National Mortgage Association $412,876 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rattmann Gary R $74,000
Open Rattmann Gary R $314,900
Previous Owner Boyle Daniel $126,400
Previous Owner Boyle Daniel $110,700
Previous Owner Manning Mary $355,200
Previous Owner Manning Mary Beth $347,750
Previous Owner Manning Mary Beth $337,500
Previous Owner Manning Mary Beth $312,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2019 11/14/19 Sold $419,900 0.0% $213 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
11/01/2019 11/01/19 Off Market $419,900 -- --
10/01/2019 10/01/19 For Sale $424,900 +1.2% $216 / Sq Ft
08/24/2019 08/24/19 Off Market $419,900 -- --
05/30/2019 05/30/19 Price Changed $424,900 -3.4% $216 / Sq Ft
02/24/2019 02/24/19 For Sale $439,900 -- $224 / 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 $8,560 $507,500 $103,800 $403,700
2023 $8,830 $497,200 $103,800 $393,400
2021 $8,635 $445,100 $94,400 $350,700
2020 $8,454 $419,900 $85,500 $334,400
2019 $6,812 $329,700 $85,500 $244,200
2018 $4,377 $213,800 $77,700 $136,100
2017 $3,748 $178,200 $69,900 $108,300
2016 $3,561 $169,200 $69,900 $99,300
2015 $3,428 $169,200 $69,900 $99,300
2014 $3,396 $165,900 $66,600 $99,300
2013 $3,394 $154,800 $55,500 $99,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1850708

South Central Wisconsin Multiple Listing Service

APN: 0710-093-2662-0