NOT LISTED FOR SALE

1141 Petra Place Unit 4 Madison, WI 53713

Burr Oaks Neighborhood

Estimated Value: $140,000 - $165,000

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

Last Sold December 04, 2020

Last sale price $79,000 $104 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,219/month

37 Days on Market

Highlights

  • Deck
  • Hydromassage or Jetted Bathtub
  • Property is near a bus stop
  • West High School Rated A
  • Building Security System
  • Greenbelt

About This Home

As of December 2020

Why pay the same amount in rent when you can own? Great location close to the bus line, restaurants, beltline and 15 min from downtown. Private IN-unit laundry w/ washer & dryer included. The condo fee includes the heat.

Last Agent to Sell the Property

Corey Fischbach

NextHome Strategy License #58496-90 Listed on: 10/19/2020

NextHome Strategy

Co-Listed By

Hugo Gonzalez

NextHome Strategy License #90360-94

Last Buyer's Agent

Erika Sweeney

JEK Property Management, LLC License #56243-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,275

Year Built

  • Built in 1963

Lot Details

  • 1.72

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • 758 Sq Ft Home
  • Garden Home
  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Deck
  • Property is near a bus stop
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 0709-353-0724-3

Community Details

Overview

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

Security

  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,275

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
  • Items Excluded: Seller's personal property
  • Items Included: Range/oven, refrigerator, dishwasher, microwave, washer & dryer
  • Fee Includes: Parking, Heat, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Lawn maintenance
  • Project Name: Petra Place Condominiums
  • Year Built: 1963
  • Above Grade Price Per Sq Ft: 105.54
  • Above Grade Sold Price Per Sq Ft: 104.22
  • 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: 11x9, On Level: M
  • Kitchen: Dimensions: 11x10, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 16x11, On Level: M
  • Basement: None
  • Interior Amenities: Washer, Dryer, Jetted bathtub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck/Balcony

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Security system, Close to busline
  • Condo Fee Month: 170
  • Condo Management: Unit Owners
  • 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: SR-V2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 5100
  • Improvements: 57300
  • Total Assessment: 62400
  • Assessment year: 2020
  • Net Taxes: 1275
  • Tax Year: 2019
  • Assessor Parcel Number: 0709-353-0724-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Dec 4, 2020
Sold by
Duran Johnny U and Chavez Maria S
Bought by
Jek Petra Llc
Seller's Agent
Corey Fischbach
NextHome Strategy
Buyer's Agent
Erika Sweeney
JEK Property Management, LLC
List Price
$80,000
Sold Price
$79,000
Premium/Discount to List
-$1,000
-1.25%
Current Estimated Value
$137,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,876
Avg. Annual Appreciation
13.30%
Original Mortgage
$177,200
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2006
Sold by
Petra Place Condominiums Inc
Bought by
Duran Johnny U and Chavez Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,293
Interest Rate
7%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $79,000 None Available
Jek Petra Llc $79,000 Nations Title
Duran Johnny U $89,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jek Petra Llc $177,200
Previous Owner Duran Johnny U $87,293
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $79,000 -1.3% $104 / Sq Ft
10/22/2020 10/22/20 For Sale $80,000 +1.3% $106 / Sq Ft
10/20/2020 10/20/20 Off Market $79,000 -- --
10/19/2020 10/19/20 For Sale $80,000 -- $106 / 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 $3,526 $104,300 $7,300 $97,000
2023 $1,645 $94,800 $6,100 $88,700
2021 $1,613 $79,000 $5,100 $73,900
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 $1,157 $53,000 $4,800 $48,200
2016 $1,119 $50,000 $4,500 $45,500
2015 $1,215 $53,400 $4,000 $49,400
2014 $1,216 $53,400 $4,000 $49,400
2013 $1,191 $55,000 $4,000 $51,000
Source: Public Records

Agents Affiliated with this Home

  • Corey Fischbach

    Seller's Agent in 2020

    Corey Fischbach

    NextHome Strategy

    (608) 770-9148

    1 in this area

    39 Total Sales

    Section Image
  • Hugo Gonzalez

    Seller Co-Listing Agent in 2020

    Hugo Gonzalez

    NextHome Strategy

    (608) 469-1736

    1 in this area

    35 Total Sales

    Section Image
  • Erika Sweeney

    Buyer's Agent in 2020

    Erika Sweeney

    JEK Property Management, LLC

    (719) 695-4477

    1 in this area

    3 Total Sales

    Section Image
See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1896269

South Central Wisconsin Multiple Listing Service

APN: 0709-353-0724-3

Wisconsin Dane County Madison 53713 Burr Oaks

1141 Petra Place Unit 4, Madison, WI

This home is located at 1141 Petra Place Unit 4, Madison, WI 53713 since 19 October 2020 and is currently estimated at $149,463, approximately $197 per square foot. This property was built in 1963. 1141 Petra Place Unit 4 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.

Nearby Homes