$790,000
SOLD MAR 10, 2025

115 S Franklin St Unit 302 Madison, WI 53703

Downtown Madison Neighborhood
3 Beds
2 Baths
1,818 Sq Ft
$650/mo HOA Fee

Recently Sold

$435 Per Sq Ft

8% Above List Price

9 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Elevator
  • Vaulted Ceiling
  • End Unit
  • 4-minute walk to Law Park

About This Home

As of March 2025

Extraordinary top floor, end unit at Franklin St will fulfill all of your downtown living needs. This 3 bed, 2 bath unit has been thoughtfully updated and provides a lush living space with views from all sides. Enjoy entertaining friends with the chef's kitchen, open living/dining area and a small nook in the turret for your morning coffee. Primary ensuite with walk in closet and massive walk in shower. Guest bath features handmade tiles and a very European feel. Added bonus with laundry in the suite and plenty of storage throughout the unit. A plethora of windows makes this an incredibly bright space to enjoy. If that isn't enough, the unit comes with a storage unit that you will swoon over right across the hall. Welcome to your new Downtown Madison home! For additional info contact Mark Gladue at 608-658-0467 or Mark@LauerRealtyGroup.com.

Last Agent to Sell the Property

Mark Gladue

Lauer Realty Group, Inc. License #56190-90 Listed on: 01/21/2025

Last Buyer's Agent

Mari Slobounov

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,662

Year Built

  • Built in 1996

HOA Fees

  • $650 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,818 Sq Ft Home
  • Vaulted Ceiling
  • Skylights
  • Storage Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Heated Garage

Schools

  • Lapham/Marquette Elementary School
  • Okeeffe Middle School
  • East High School

Additional Features

  • Deck
  • End Unit
  • Property is near a bus stop
  • Forced Air Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0709-133-4011-6

Community Details

Overview

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

Additional Features

  • Elevator
  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,662

Year Built

Built in 1996

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden, End Unit
  • Items Excluded: Seller's Personal Property.
  • Items Included: Range/Oven, Refrigerator, Microwave, Dishwasher, Water Softener, All Window Coverings, Washer, Dryer and Garage door remotes
  • Fee Includes: Parking, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Franklin St Condominium
  • Year Built: 1996
  • Above Grade Price Per Sq Ft: 401.54
  • Above Grade Sold Price Per Sq Ft: 434.54
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1818
  • Finished Above Grade Sq Ft: 1818
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 15x12, On Level: M
  • Bedroom 2: Dimensions: 15x12, On Level: M
  • Bedroom 3: Dimensions: 12x11, On Level: M
  • Kitchen: Dimensions: 15x9, On Level: M
  • Kitchen Features: Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 14x13, On Level: M
  • Dining Area: Dimensions: 10x9, On Level: M
  • Family Room: Dimensions: 12x11, On Level: M
  • Other Room 1: Other, Dimensions: 12x9, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Vaulted ceiling, Skylight(s), Washer, Dryer, Storage Unit Inc
  • Floor Number: 3
  • Primary Bedroom Bathrooms: Full, Walk-in Shower

Exterior Features

  • Exterior: Aluminum/Steel, Wood, Brick, Stone
  • Exterior Features: Deck/Balcony

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Underground, Heated, 1 space assigned

Condo/Co-op/Association

  • Common Amenities: Security system, Close to busline, Elevator
  • Condo Fee Month: 650
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 13
  • Units in Association: 13
  • Units In Building: 13

Schools

  • School District: Madison
  • Elementary School: Lapham/Marquette
  • Middle School: OKeeffe
  • High School: East
  • Elementary School: Lapham/Marquette
  • High School: East
  • Middle School: OKeeffe
  • School District: Madison

Lot Info

  • Zoning: PD,WP
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 74500
  • Improvements: 495000
  • Total Assessment: 570400
  • Assessment year: 2024
  • Net Taxes: 9662
  • Tax Year: 2024
  • Assessor Parcel Number: 0709-133-4011-6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2025
Closed on
Mar 10, 2025
Sold by
Miller Mark G and Miller Van Voorhees
Bought by
Pregont Christy
Seller's Agent
Mark Gladue
Lauer Realty Group, Inc.
Buyer's Agent
Mari Slobounov
Keller Williams Realty
List Price
$730,000
Sold Price
$790,000
Premium/Discount to List
$60,000
8.22%
Views
82
Current Estimated Value
$749,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,089
Avg. Annual Appreciation
-16.97%
Original Mortgage
$459,500
Outstanding Balance
$458,605
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$291,306

Purchase Details

Closed on
Jun 19, 2024
Sold by
Vanvoorhees Karin Van
Bought by
Vanvoorhees Karin Van and Miller Mark G

Purchase Details

Listed on
Nov 9, 2020
Closed on
Jan 4, 2021
Sold by
Gemrich Anna J and Wampold Bruce E
Bought by
Miller Mark G and Vanvoorhees Karin Van
Seller's Agent
Susi Haviland
Stark Company, REALTORS
Buyer's Agent
Emma Bohrod
Rock Realty
List Price
$500,000
Sold Price
$510,000
Premium/Discount to List
$10,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%

Purchase Details

Listed on
Jun 3, 2016
Closed on
Jul 28, 2016
Sold by
Stephenson Peter P and Massey Mary S
Bought by
Gemrich Anna and Wampold Bruce
Seller's Agent
Shelly Sprinkman
Sprinkman Real Estate
Buyer's Agent
Susi Haviland
Stark Company, REALTORS
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$332,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2005
Sold by
Munts Mary Lou and Munts Mary Louise
Bought by
Stephenson Peter P and Stephenson Mary S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $790,000 Knight Barry Title
Deed -- None Listed On Document
Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Condominium Deed $510,000 None Available
Warranty Deed $415,000 Nations Title
Condominium Deed $390,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $459,500 New Conventional
Previous Owner $307,000 New Conventional
Previous Owner $332,000 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $163,000 New Conventional
Previous Owner $20,000 Credit Line Revolving
Previous Owner $171,000 Unknown
Previous Owner $180,000 Unknown
Previous Owner $214,400 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Sold $790,000 +8.2% $435 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/21/2025 01/21/25 For Sale $730,000 +43.1% $402 / Sq Ft
01/04/2021 01/04/21 Sold $510,000 +2.0% $281 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $500,000 -2.0% $275 / Sq Ft
11/11/2020 11/11/20 Off Market $510,000 -- --
11/09/2020 11/09/20 For Sale $500,000 +20.5% $275 / Sq Ft
08/03/2016 08/03/16 Sold $415,000 -7.8% $228 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $450,000 -- $248 / 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 $18,960 $555,400 $72,700 $482,700
2023 $8,813 $504,900 $72,700 $432,200
2021 $8,813 $428,000 $72,700 $355,300
2020 $9,343 $428,000 $68,600 $359,400
2019 $9,357 $428,000 $68,600 $359,400
2018 $8,742 $400,000 $68,600 $331,400
2017 $9,115 $400,000 $68,600 $331,400
2016 $7,471 $315,100 $62,400 $252,700
2015 $7,425 $315,100 $56,700 $258,400
2014 $7,425 $315,100 $56,700 $258,400
2013 $8,568 $379,600 $56,700 $322,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1992337

South Central Wisconsin Multiple Listing Service

APN: 0709-133-4011-6