NOT LISTED FOR SALE

1137 Petra Place Unit 1 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 May 24, 2021

Last sale price $98,000 $129 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,273/month

6 Days on Market

Highlights

  • Wood Flooring
  • Bathtub
  • Garden Home
  • West High School Rated A
  • Property is near a bus stop

About This Home

As of May 2021

A condo with lots of upgrades:. New bathroom 2021, freshly painted through out the unit 2021, newer refrigerator, washer in the unit. One parking space at the back of the building. Storage space in the basement; lower condo fee with Heating & water included. Pets are permitted for owner-occupies. Rentals are not allowed.

Last Agent to Sell the Property

Yishu Jiang

Tri-River Realty License #57358-90 Listed on: 04/04/2021

Last Buyer's Agent

Val Carroll

South Central Non-Member License #89792-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,322

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
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 0709-353-0717-8

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,322

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, Conversion
  • Items Included: refrigerator, range/oven, microwave, dishwasher
  • Fee Includes: Parking, Heat, Hot Water, Water/Sewer, Trash removal, Snow removal, Reserve fund, Lawn maintenance
  • Project Name: Petra Place
  • Year Built: 1963
  • Above Grade Price Per Sq Ft: 131.27
  • Above Grade Sold Price Per Sq Ft: 129.29
  • 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: 12x12, On Level: M
  • Bedroom 2: Dimensions: 11x10, On Level: M
  • Kitchen: Dimensions: 13x9, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 16x12, On Level: M
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Washer, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick

Utilities

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

Condo/Co-op/Association

  • Common Amenities: 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: 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: 5100
  • Improvements: 57300
  • Total Assessment: 62400
  • Assessment year: 2020
  • Net Taxes: 1322
  • Tax Year: 2020
  • Assessor Parcel Number: 0709-353-0717-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2023
Sold by
Wulf Eric
Bought by
Jek Petra Llc
Current Estimated Value
$152,327

Purchase Details

Closed on
Jul 29, 2022
Sold by
Munoz Martha
Bought by
Munoz Martha and Wulf Eric

Purchase Details

Listed on
Apr 4, 2021
Closed on
May 24, 2021
Sold by
Wang Haiyao
Bought by
Munoz Martha
Seller's Agent
Yishu Jiang
Tri-River Realty
Buyer's Agent
Val Carroll
South Central Non-Member
List Price
$97,500
Sold Price
$98,000
Premium/Discount to List
$500
0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$68,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2012
Closed on
Apr 9, 2012
Sold by
Bmo Harris Bank Na
Bought by
Wang Haiyao
Seller's Agent
Josh Lamp
Berkshire Hathaway HomeServices True Realty
Buyer's Agent
Yishu Jiang
Tri-River Realty
List Price
$44,900
Sold Price
$32,500
Premium/Discount to List
-$12,400
-27.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%

Purchase Details

Closed on
Nov 21, 2011
Sold by
Gonzalez Claudia M
Bought by
Bmo Harris Bank Na

Purchase Details

Closed on
Feb 1, 2006
Sold by
Petra Place Condominiums Inc
Bought by
Gonzalez Claudia M and Garcia Sergio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,437
Interest Rate
6.2%
Mortgage Type
New Conventional
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
Jek Petra Llc $98,000 First American Title
Munoz Martha -- None Listed On Document
Munoz Martha $98,000 None Available
Wang Haiyao $32,500 None Available
Bmo Harris Bank Na -- None Available
Gonzalez Claudia M $81,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munoz Martha $68,000
Previous Owner Gonzalez Claudia M $78,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $98,000 -1.5% $129 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/05/2021 04/05/21 Price Changed $99,500 +2.1% $131 / Sq Ft
04/04/2021 04/04/21 For Sale $97,500 +200.0% $129 / Sq Ft
04/11/2012 04/11/12 Sold $32,500 -27.6% $38 / Sq Ft
03/29/2012 03/29/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $44,900 -- $53 / 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 $3,303 $98,000 $7,300 $90,700
2023 $1,703 $98,000 $6,100 $91,900
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 $1,247 $58,800 $4,800 $54,000
2017 $1,157 $53,000 $4,800 $48,200
2016 $1,119 $50,000 $4,500 $45,500
2015 $914 $41,000 $4,000 $37,000
2014 $916 $41,000 $4,000 $37,000
2013 $1,131 $41,000 $4,000 $37,000
Source: Public Records

Agents Affiliated with this Home

  • Yishu Jiang

    Seller's Agent in 2021

    Yishu Jiang

    Tri-River Realty

    (608) 283-9335

    2 in this area

    128 Total Sales

    Yishu Jiang
    Section Image

  • V

    Buyer's Agent in 2021

    Val Carroll

    South Central Non-Member

    Section Image
  • Josh Lamp

    Seller's Agent in 2012

    Josh Lamp

    Berkshire Hathaway HomeServices True Realty

    (608) 239-2559

    302 Total Sales

    Josh Lamp
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1905557

South Central Wisconsin Multiple Listing Service

APN: 0709-353-0717-8

Wisconsin Dane County Madison 53713 Burr Oaks

1137 Petra Place Unit 1, Madison, WI

This home is located at 1137 Petra Place Unit 1, Madison, WI 53713 since 04 April 2021 and is currently estimated at $152,327, approximately $200 per square foot. This property was built in 1963. 1137 Petra Place Unit 1 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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