NOT LISTED FOR SALE

1129 Petra Place Unit 3 Madison, WI 53713

Burr Oaks Neighborhood

Estimated Value: $141,000 - $165,000

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

Last Sold January 27, 2016

Last sale price $53,000 $70 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,261/month

66 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Garden Home
  • West High School Rated A

About This Home

As of January 2016

Upgraded condo with remodeled kitchen and bathroom. refinished wood floor + new ceramic tile in bathroom; washer & dryer in unit; Heat & water included in the condo fee. Storage in the basement; Locationed on bus line; Close to UW; Easy and quick access to Beltline. Why pay rent when you can own one and pay even less.

Last Agent to Sell the Property

Yishu Jiang

Tri-River Realty License #57358-90 Listed on: 10/30/2015

Last Buyer's Agent

Ya Chen

INACTIVE W/Local ASSOC License #75297-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $916

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
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Additional Features

  • End Unit
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 0709-353-0711-0

Community Details

Overview

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

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$916

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, End Unit
  • Items Included: Window/Wall AC,All window coverings
  • Fee Includes: Parking, Heat, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Petra Place Condo
  • Year Built: 1963
  • Above Grade Price Per Sq Ft: 79.02
  • Above Grade Sold Price Per Sq Ft: 69.92
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 758
  • Finished Above Grade Sq Ft: 758
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 11x11, On Level: M
  • Bedroom 2: Dimensions: 11x10, On Level: M
  • Kitchen: Dimensions: 11x14, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 16x11, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: Full
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer
  • Floor Number: 2
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick

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

Lot Info

  • Zoning: SR-V2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 4000
  • Improvements: 37000
  • Total Assessment: 41000
  • Assessment year: 2015
  • Net Taxes: 916
  • Tax Year: 2015
  • Assessor Parcel Number: 0709-353-0711-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Jan 27, 2016
Sold by
Skylark Properties Llc
Bought by
Golden City Property Llc
Seller's Agent
Yishu Jiang
Tri-River Realty
Buyer's Agent
Ya Chen
INACTIVE W/Local ASSOC
List Price
$59,900
Sold Price
$53,000
Premium/Discount to List
-$6,900
-11.52%
Current Estimated Value
$146,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,284
Avg. Annual Appreciation
10.91%

Purchase Details

Listed on
Mar 25, 2010
Closed on
Jul 27, 2012
Sold by
Benziger Lane B
Bought by
Skylark Properties Llc
Seller's Agent
Mike Adler
Restaino & Associates
Buyer's Agent
Yishu Jiang
Tri-River Realty
List Price
$59,900
Sold Price
$41,000
Premium/Discount to List
-$18,900
-31.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
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
Golden City Property Llc $53,000 Attorney
Skylark Properties Llc $10,000 Rba Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skylark Properties Llc $90,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $53,000 -11.5% $70 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $59,900 +46.1% $79 / Sq Ft
07/27/2012 07/27/12 Sold $41,000 -31.6% $48 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
03/25/2010 03/25/10 For Sale $59,900 -- $70 / 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 $3,476 $102,900 $7,300 $95,600
2023 $1,621 $93,500 $6,100 $87,400
2021 $1,310 $64,900 $5,100 $59,800
2020 $1,323 $62,400 $5,100 $57,300
2019 $1,275 $60,000 $4,900 $55,100
2018 $1,206 $57,000 $4,800 $52,200
2017 $1,251 $57,000 $4,800 $52,200
2016 $1,191 $53,000 $4,500 $48,500
2015 $914 $41,000 $4,000 $37,000
2014 $916 $41,000 $4,000 $37,000
2013 $1,062 $41,000 $4,000 $37,000
Source: Public Records

Agents Affiliated with this Home

  • Yishu Jiang

    Seller's Agent in 2016

    Yishu Jiang

    Tri-River Realty

    (608) 283-9335

    2 in this area

    130 Total Sales

    Section Image

  • Y

    Buyer's Agent in 2016

    Ya Chen

    INACTIVE W/Local ASSOC

    Section Image
  • Mike Adler

    Seller's Agent in 2012

    Mike Adler

    Restaino & Associates

    (608) 235-5115

    193 Total Sales

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1761117

South Central Wisconsin Multiple Listing Service

APN: 0709-353-0711-0

Wisconsin Dane County Madison 53713 Burr Oaks

1129 Petra Place Unit 3, Madison, WI

This home is located at 1129 Petra Place Unit 3, Madison, WI 53713 since 30 October 2015 and is currently estimated at $155,339, approximately $204 per square foot. This property was built in 1963. 1129 Petra Place Unit 3 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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