NOT LISTED FOR SALE

1133 Petra Place Unit 2 Madison, WI 53713

Burr Oaks Neighborhood

Estimated Value: $143,000 - $168,593

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

Last Sold September 14, 2022

Last sale price $125,000 $165 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,368/month

40 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Patio
  • West High School Rated A
  • Bathtub
  • Storage Room

About This Home

As of September 2022

Looking for a completely updated 2 bedroom condo? This is It! Beautiful LVP flooring, upgraded carpet in beds, updated bath with modern finishes, fresh paint throughout & more! Come see this move-in ready beauty for yourself and make It your own! Located just off the belt line with close access to all Madison has to offer! Quick close available!

Last Agent to Sell the Property

Daniel Tenney

MHB Real Estate License #55376-90 Listed on: 06/27/2022

Last Buyer's Agent

Bredell Mitchell

Lannon Stone Realty LLC License #93344-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,310

Year Built

  • Built in 1963

Lot Details

  • 1.72

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Poured Concrete
  • Stone Exterior Construction

Interior Spaces

  • 758 Sq Ft Home
  • Open Floorplan
  • Storage Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Additional Features

  • Patio
  • Private Entrance
  • Radiant Heating System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 0709-353-0714-4

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,310

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
  • Items Excluded: Seller’s Personal Property
  • Items Included: Refrigerator, Range/Oven, Microwave, Dishwasher, Disposal, Washer/Dryer, All Window Coverings/Blinds
  • Fee Includes: Parking, Heat, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Petra Place Condominium
  • Year Built: 1963
  • Above Grade Price Per Sq Ft: 175.46
  • Above Grade Sold Price Per Sq Ft: 164.91
  • 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: 11x11, On Level: M
  • Bedroom 2: Dimensions: 11x10, On Level: M
  • Kitchen: Dimensions: 11x14, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator
  • Living Room: Dimensions: 11x16, On Level: M
  • Other Room 1: Dimensions: 4x10, On Level: L
  • Other Room 2: Storage Unit
  • In Unit Laundry Lvl: M
  • Basement: Full, Poured concrete foundatn
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

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

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 space assigned

Condo/Co-op/Association

  • Condo Fee Month: 170
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 72
  • Units in Association: 16
  • 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: 59800
  • Total Assessment: 64900
  • Assessment year: 2021
  • Net Taxes: 1310
  • Tax Year: 2021
  • Assessor Parcel Number: 0709-353-0714-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Sep 14, 2022
Sold by
Sotelo Giovanni A Aleman
Bought by
Gimotea Jose Marie Delfin and Reyes Maria Theresa
Seller's Agent
Daniel Tenney
MHB Real Estate
Buyer's Agent
Bredell Mitchell
Lannon Stone Realty LLC
List Price
$144,000
Sold Price
$125,000
Premium/Discount to List
-$19,000
-13.19%
Views
3
Current Estimated Value
$153,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,955
Avg. Annual Appreciation
8.62%
Original Mortgage
$92,000
Outstanding Balance
$87,796
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$71,068
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
Gimotea Jose Marie Delfin $125,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gimotea Jose Marie Delfin $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $125,000 -6.0% $165 / Sq Ft
07/21/2022 07/21/22 Price Changed $133,000 -2.2% $175 / Sq Ft
07/15/2022 07/15/22 Price Changed $136,000 -5.6% $179 / Sq Ft
06/27/2022 06/27/22 For Sale $144,000 +64.6% $190 / Sq Ft
05/10/2022 05/10/22 Sold $87,500 -7.9% $115 / Sq Ft
01/20/2022 01/20/22 For Sale $95,000 -- $125 / 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 $4,259 $125,000 $7,300 $117,700
2023 $2,197 $125,000 $6,100 $118,900
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 $1,188 $56,200 $4,800 $51,400
2017 $1,159 $53,000 $4,800 $48,200
2016 $1,193 $53,000 $4,500 $48,500
2015 $1,127 $49,800 $4,000 $45,800
2014 $1,129 $49,800 $4,000 $45,800
2013 $1,145 $53,000 $4,000 $49,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1937997

South Central Wisconsin Multiple Listing Service

APN: 0709-353-0714-4