NOT LISTED FOR SALE

1121 Petra Place Unit 2 Madison, WI 53713

Burr Oaks Neighborhood

Estimated Value: $143,000 - $165,000

2 Beds
1 Bath
758 Sq Ft
$145/mo HOA Fee

Last Sold May 31, 2019

Last sale price $72,500 $96 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,226/month

127 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Building Security System
  • West High School Rated A
  • Bathtub
  • Accessible Bedroom

About This Home

As of May 2019

Nicely maintained first floor condo. Updated kitchen with white cabinetry, flooring and appliances including washer and dryer. Updated bath. Plantation-style window coverings in living room. Condo fees only $145 month. Close to east and west Madison. Great for Investor or owner occupant. Lease in place until May 31, 2019.

Last Agent to Sell the Property

Judy Braund

Real Broker LLC License #57166-94 Listed on: 10/18/2018

Real Broker LLC

Last Buyer's Agent

SCWMLS Non-Member

South Central Non-Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,157

Year Built

  • Built in 1963

Lot Details

  • End Unit
  • Private Entrance

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 758 Sq Ft Home
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway Level
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0709-353-0702-9

Community Details

Overview

  • Association fees include parking, heat, hot water, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 4 Units
  • Located in the Petra Place Condominiums master-planned community
  • Property Manager
  • Greenbelt

Security

  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,157

Year Built

Built in 1963

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, End Unit
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot, Low pile or no carpeting
  • Items Excluded: Seller's and tenant's personal items.
  • Items Included: stove/oven,refrigerator,dishwasher, washer, dryer
  • Fee Includes: Parking, Heat, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Petra Place Condominiums
  • Year Built: 1963
  • Above Grade Price Per Sq Ft: 105.41
  • Above Grade Sold Price Per Sq Ft: 95.65
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 758
  • Finished Above Grade Sq Ft: 758
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 11x12, On Level: M
  • Bedroom 2: Dimensions: 11x11, On Level: M
  • Kitchen: Dimensions: 12x14, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 12x16, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 3x6
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Features: Private Entry

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant
  • 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
  • Condo Fee Month: 145
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 72
  • Units in Association: 72
  • Units In Building: 4

Schools

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

Lot Info

  • Zoning: R4
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 4800
  • Improvements: 49200
  • Total Assessment: 54000
  • Assessment year: 2018
  • Net Taxes: 1157
  • Tax Year: 2017
  • Assessor Parcel Number: 0709-353-0702-9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
May 23, 2019
Sold by
Modugno Steve M and Modugno Serina K
Bought by
Jek Petra Llc
Seller's Agent
Judy Braund
Real Broker LLC
Buyer's Agent
SCWMLS Non-Member
South Central Non-Member
List Price
$79,900
Sold Price
$72,500
Premium/Discount to List
-$7,400
-9.26%
Current Estimated Value
$146,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,798
Avg. Annual Appreciation
11.69%

Purchase Details

Closed on
Jul 31, 2008
Sold by
Wang Dengshun
Bought by
Modugno Steve M and Modugno Serina K

Purchase Details

Closed on
Nov 2, 2007
Sold by
Household Finance Corp Iii
Bought by
Wang Dengshun

Purchase Details

Closed on
Jun 11, 2007
Sold by
Altuzar Manuel
Bought by
Household Finance Corp Iii
Source: Public Records

Range of Values:

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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
Jek Petra Llc $72,500 None Available
Modugno Steve M $56,800 None Available
Wang Dengshun $46,000 None Available
Household Finance Corp Iii -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jek Petra Llc $183,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $72,500 -9.3% $96 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
10/18/2018 10/18/18 For Sale $79,900 -- $105 / 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 $3,359 $99,600 $7,300 $92,300
2023 $1,566 $90,500 $6,100 $84,400
2021 $1,535 $75,400 $5,100 $70,300
2020 $1,550 $72,500 $5,100 $67,400
2019 $1,200 $56,700 $4,900 $51,800
2018 $1,139 $54,000 $4,800 $49,200
2017 $1,157 $53,000 $4,800 $48,200
2016 $1,119 $50,000 $4,500 $45,500
2015 $1,178 $51,900 $4,000 $47,900
2014 $1,180 $51,900 $4,000 $47,900
2013 $1,120 $51,900 $4,000 $47,900
Source: Public Records

Agents Affiliated with this Home

  • Judy Braund

    Seller's Agent in 2019

    Judy Braund

    Real Broker LLC

    (608) 235-0431

    21 Total Sales

    Section Image

  • S

    Buyer's Agent in 2019

    SCWMLS Non-Member

    South Central Non-Member

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1843879

South Central Wisconsin Multiple Listing Service

APN: 0709-353-0702-9

Wisconsin Dane County Madison 53713 Burr Oaks

1121 Petra Place Unit 2, Madison, WI

This home is located at 1121 Petra Place Unit 2, Madison, WI 53713 since 18 October 2018 and is currently estimated at $155,376, approximately $204 per square foot. This property was built in 1963. 1121 Petra Place Unit 2 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.

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