$415,000
SOLD AUG 3, 2016

115 S Franklin St Unit 302 Madison, WI 53703

Downtown Madison Neighborhood
3 Beds
2 Baths
1,818 Sq Ft
$428/mo HOA Fee

Recently Sold

$228 Per Sq Ft

8% Below List Price

18 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Sun or Florida Room
  • Deck
  • Hydromassage or Jetted Bathtub
  • 4-minute walk to Law Park

About This Home

As of March 2025

Downtown living at its best, one block to Capitol square and lake Monona, this spacious 3 bedroom condo offers bright sunny space with soaring ceilings and an open floor plan. Private deck off the living room in addition to the larger public deck on first floor. Large private storage room immediately across from the unit on the third floor.

Last Agent to Sell the Property

Shelly Sprinkman

Sprinkman Real Estate License #57436-90 Listed on: 06/03/2016

Last Buyer's Agent

Susi Haviland

Stark Company, REALTORS License #31242-90

Stark Company, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,425

Year Built

  • Built in 1996

HOA Fees

  • $428 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,818 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Sun or Florida Room
  • Basement Windows
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Accessible Home Design

  • Grab Bar In Bathroom
  • Level Entry For Accessibility
  • Low Pile Carpeting

Schools

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

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-133-4011-6

Community Details

Overview

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

Additional Features

  • Elevator
  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,425

Year Built

Built in 1996

Lot Details

0

HOA Fees

$428 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, Ramped or level entrance, Grab bars in bath, Low pile or no carpeting
  • Items Included: All window coverings
  • Fee Includes: Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Franklin St Condos
  • Year Built: 1996
  • Above Grade Price Per Sq Ft: 233.77
  • Above Grade Sold Price Per Sq Ft: 228.27
  • 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: 12x14, On Level: M
  • Bedroom 2: Dimensions: 11x13, On Level: M
  • Bedroom 3: Dimensions: 10x12, On Level: M
  • Kitchen: Dimensions: 9x13, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 20x13, On Level: M
  • Dining Room: Dimensions: 10x10, On Level: M
  • Other Rooms: Sun Room
  • Other Room 1: Sun Room, Dimensions: 8x8, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: Full Size Windows/Exposed
  • Interior Amenities: Walk-in closet(s), Vaulted ceiling, Skylight(s), Jetted bathtub, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 3
  • Primary Bedroom Bathrooms: Full

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, 1 space assigned

Condo/Co-op/Association

  • Common Amenities: Security system, Close to busline, Elevator
  • Condo Fee Month: 428
  • Condo Management: Unit Owners
  • 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: HIS-FS
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 62400
  • Improvements: 252700
  • Total Assessment: 315100
  • Assessment year: 2016
  • Net Taxes: 7425
  • Tax Year: 2015
  • 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
$757,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,956
Avg. Annual Appreciation
-12.50%
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
8.80%

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: 1777638

South Central Wisconsin Multiple Listing Service

APN: 0709-133-4011-6