NOT LISTED FOR SALE

1141 Petra Place Unit 1 Madison, WI 53713

Burr Oaks Neighborhood

Estimated Value: $140,000 - $171,000

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

Last Sold July 15, 2013

Last sale price $45,000 $59 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $1,247/month

17 Days on Market

Highlights

  • Wood Flooring
  • Accessible Bedroom
  • Garden Home
  • West High School Rated A
  • Accessible Full Bathroom

About This Home

As of July 2013

-Recently renovated kitchen and bathroom. -Hardwood floors throughout. -In unit washer/dryer. -Storage in the basement. -1 off street parking spot. -Close to the beltline for easy commute. 1 block away from bus line. -Low Condo fee of $145 per month, which includes heat and water. -Double pane windows. !!Cheaper than renting!!

Last Agent to Sell the Property

Justin Dobson

Dobson Property Management LLC License #59357-90 Listed on: 06/07/2013

Last Buyer's Agent

Yishu Jiang

Tri-River Realty License #57358-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,035

Year Built

  • Built in 1963

Lot Details

  • 1.72

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 758 Sq Ft Home
  • Wood Flooring

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Utilities

  • 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
  • 4 Units
  • Located in the Petra Place Condominiums master-planned community

Listing and Financial Details

  • Assessor Parcel Number 0709-353-0721-9

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,035

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
  • Barrier Free: First floor bedroom, First floor full bath
  • Items Included: Window/Wall AC,Some Window Coverings
  • Fee Includes: Parking, Heat, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Petra Place Condominiums
  • Year Built: 1963
  • Above Grade Price Per Sq Ft: 63.32
  • Above Grade Sold Price Per Sq Ft: 59.37
  • 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, Disposal
  • Living Room: Dimensions: 11x16, On Level: M
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick, Stone

Utilities

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

Condo/Co-op/Association

  • Condo Fee Month: 145
  • Condo Management: Unit Owners
  • 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: Call School District
  • Elementary School: Midvale/Lincoln
  • High School: Call School District
  • Middle School: Cherokee Heights
  • School District: Madison

Lot Info

  • Zoning: SR-V2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 4000
  • Improvements: 46300
  • Total Assessment: 50300
  • Assessment year: 2013
  • Net Taxes: 1035
  • Tax Year: 2012
  • Assessor Parcel Number: 0709-353-0721-9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2013
Closed on
Jul 15, 2013
Sold by
Schudde Lauren T
Bought by
Liang Yanting and Chen Haosheng
Seller's Agent
Justin Dobson
Dobson Property Management LLC
Buyer's Agent
Yishu Jiang
Tri-River Realty
List Price
$48,000
Sold Price
$45,000
Premium/Discount to List
-$3,000
-6.25%
Current Estimated Value
$148,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,356
Avg. Annual Appreciation
10.02%

Purchase Details

Closed on
May 1, 2006
Sold by
Petra Place Condominiums Inc
Bought by
Schudde Lauren T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,802
Interest Rate
6.42%
Mortgage Type
New Conventional
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
Liang Yanting $45,000 Dane County Title Company
Schudde Lauren T $73,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schudde Lauren T $65,802
Previous Owner Schudde Lauren T $3,993
Previous Owner Schudde Lauren T $3,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2013 07/15/13 Sold $45,000 -6.3% $59 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $48,000 -- $63 / 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 $1,056 $60,000 $4,900 $55,100
2018 $1,058 $58,800 $4,800 $54,000
2017 $1,019 $53,000 $4,800 $48,200
2016 $969 $50,000 $4,500 $45,500
2015 $884 $45,000 $4,000 $41,000
2014 $881 $45,000 $4,000 $41,000
2013 $983 $50,300 $4,000 $46,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Justin Dobson

    Dobson Property Management LLC

    (608) 729-8756

    11 Total Sales

    Section Image
  • Yishu Jiang

    Buyer's Agent in 2013

    Yishu Jiang

    Tri-River Realty

    (608) 283-9335

    2 in this area

    130 Total Sales

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1687667

South Central Wisconsin Multiple Listing Service

APN: 0709-353-0721-9

Wisconsin Dane County Madison 53713 Burr Oaks

1141 Petra Place Unit 1, Madison, WI

This home is located at 1141 Petra Place Unit 1, Madison, WI 53713 since 07 June 2013 and is currently estimated at $157,094, approximately $207 per square foot. This property was built in 1963. 1141 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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