NOT LISTED FOR SALE

1125 Petra Place Unit 1 Madison, WI 53713

Burr Oaks Neighborhood

Estimated Value: $135,000 - $209,000

2 Beds
1 Bath
758 Sq Ft
$170/mo HOA Fee

Last Sold November 30, 2021

Last sale price $67,300 $89 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,335/month

Highlights

  • Open Floorplan
  • Wood Flooring
  • Building Security System
  • West High School Rated A
  • Bathtub
  • Accessible Bedroom

About This Home

As of November 2021

Sold Comp

Last Agent to Sell the Property

Team GRA

Century 21 Affiliated Listed on: 11/14/2021

Last Buyer's Agent

Team GRA

Century 21 Affiliated Listed on: 11/14/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,247

Year Built

  • Built in 1963

Lot Details

  • 1.72

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 758 Sq Ft Home
  • Open Floorplan
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Microwave
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

  • Midvale/Lincoln Elementary School
  • Cherokee Heights Middle School
  • Call School District High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Private Entrance
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-353-0705-3

Community Details

Overview

  • Association fees include parking, heat, hot water, trash removal, snow removal, common area maintenance, common area insurance
  • 8 Units
  • Located in the Petra Place master-planned community
  • Property Manager
  • Greenbelt

Additional Features

  • Laundry Facilities
  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,247

Year Built

Built in 1963

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Low pile or no carpeting
  • Fee Includes: Parking, Heat, Hot Water, Trash removal, Snow removal, Common area maintenance, Common area insurance
  • Project Name: Petra Place
  • Year Built: 1963
  • Above Grade Price Per Sq Ft: 88.79
  • Above Grade Sold Price Per Sq Ft: 88.79
  • 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: 12x11, On Level: M
  • Bedroom 2: Dimensions: 11x10, On Level: M
  • Kitchen: Dimensions: 15x10, On Level: M
  • Kitchen Features: Kitchen Island, Range/Oven, Refrigerator, Microwave, Disposal
  • Living Room: Dimensions: 16x11, On Level: M
  • In Unit Laundry Lvl: L
  • Basement: Full
  • Interior Amenities: Wood or sim. wood floors, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick
  • Exterior Features: Private Entry

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant, Wall AC, Window AC
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 space assigned, Outside only

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Shared Laundry Facilities, Security system, Close to busline
  • Condo Fee Month: 170
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 72
  • Units in Association: 72
  • Units In Building: 8

Schools

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

Lot Info

  • Zoning: R4
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 5100
  • Improvements: 56300
  • Total Assessment: 61400
  • Assessment year: 2021
  • Net Taxes: 1247
  • Tax Year: 2020
  • Assessor Parcel Number: 0709-353-0705-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2021
Closed on
Nov 21, 2021
Sold by
Maalouf Stephanie and Sissom Stephanie
Bought by
Martinez Marvin
Seller's Agent
Team GRA
Century 21 Affiliated
Buyer's Agent
Team GRA
Century 21 Affiliated
List Price
$67,300
Sold Price
$67,300
Current Estimated Value
$164,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,843
Avg. Annual Appreciation
26.76%
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
Martinez Marvin $67,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sissom Stephen A $48,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $67,300 0.0% $89 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
11/14/2021 11/14/21 For Sale $67,300 -- $89 / 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 $3,274 $97,200 $7,300 $89,900
2023 $1,528 $88,400 $6,100 $82,300
2021 $1,235 $61,400 $5,100 $56,300
2020 $1,247 $59,000 $5,100 $53,900
2019 $1,200 $56,700 $4,900 $51,800
2018 $1,116 $53,000 $4,800 $48,200
2017 $1,157 $53,000 $4,800 $48,200
2016 $1,119 $50,000 $4,500 $45,500
2015 $1,098 $48,600 $4,000 $44,600
2014 $1,100 $48,600 $4,000 $44,600
2013 $1,044 $48,600 $4,000 $44,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1924460

South Central Wisconsin Multiple Listing Service

APN: 0709-353-0705-3