NOT LISTED FOR SALE

1165 Petra Place Unit 3 Madison, WI 53713

Burr Oaks Neighborhood

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

2 Beds
1 Bath
758 Sq Ft
$175/mo HOA Fee

Last Sold October 14, 2022

Last sale price $90,000 $119 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,281/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bathtub
  • West High School Rated A
  • Cul-De-Sac
  • Storage Room

About This Home

As of October 2022

Well maintained 2 bedroom condo. Located on a quiet cul-de-sac with quick commutes to downtown and easy access to the beltline. Features hardwood floors in living room and bedrooms. Updated kitchen with newer cabinets, counters, and appliances. Storage space in the lower level. Heat, Hot Water, and Water/Sewer included in the low $175 condo fee.

Last Agent to Sell the Property

Tyler Rufenacht

RE/MAX Preferred License #57283-90 Listed on: 09/29/2022

RE/MAX Preferred

Last Buyer's Agent

Morgan Barthen

First Weber Inc License #85290-94

First Weber Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,310

Year Built

  • Built in 1963

Lot Details

  • 1.16

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 758 Sq Ft Home
  • Storage Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Schools

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

Utilities

  • Radiant Heating System
  • High Speed Internet

Additional Features

  • Deck
  • Cul-De-Sac
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-353-0731-8

Community Details

Overview

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

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,310

Year Built

Built in 1963

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Included: Washer/Dryer Combo, Dishwasher, Range/Oven, Microwave, Refrigerator, Kitchen Island, All window coverings
  • Fee Includes: Parking, Heat, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance
  • Project Name: Petra Pl Condominium
  • Year Built: 1963
  • Above Grade Price Per Sq Ft: 131.79
  • Above Grade Sold Price Per Sq Ft: 118.73
  • 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: Kitchen Island, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 11x16, On Level: M
  • In Unit Laundry Lvl: L
  • Basement: Full
  • Interior Amenities: Wood or sim. wood floors, Washer, Dryer, Storage Unit Inc, At Least 1 tub, Internet - Cable
  • Floor Number: 2
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Features: Deck/Balcony, Cul de Sac

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Shared Laundry Facilities, Close to busline
  • Condo Fee Month: 175
  • 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: R4
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 6100
  • Improvements: 71800
  • Total Assessment: 77900
  • Assessment year: 2022
  • Net Taxes: 1310
  • Tax Year: 2021
  • Assessor Parcel Number: 0709-353-0731-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Oct 12, 2022
Sold by
Zerzanek Tara L and Zerzanek Brian
Bought by
Sor Prahasvitou
Seller's Agent
Tyler Rufenacht
RE/MAX Preferred
Buyer's Agent
Morgan Barthen
First Weber Inc
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%
Current Estimated Value
$152,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,252
Avg. Annual Appreciation
15.79%
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
Sor Prahasvitou $90,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $90,000 -9.9% $119 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $99,900 -- $132 / 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 $3,338 $99,000 $7,300 $91,700
2023 $1,557 $90,000 $6,100 $83,900
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 $1,215 $53,400 $4,000 $49,400
2014 $1,216 $53,400 $4,000 $49,400
2013 $1,109 $55,800 $4,000 $51,800
Source: Public Records

Agents Affiliated with this Home

  • Tyler Rufenacht

    Seller's Agent in 2022

    Tyler Rufenacht

    RE/MAX

    (608) 370-3506

    1 in this area

    29 Total Sales

    Tyler Rufenacht
    Section Image
  • Morgan Barthen

    Buyer's Agent in 2022

    Morgan Barthen

    First Weber Inc

    (414) 998-1079

    2 in this area

    41 Total Sales

    Morgan Barthen
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1944401

South Central Wisconsin Multiple Listing Service

APN: 0709-353-0731-8

Wisconsin Dane County Madison 53713 Burr Oaks

1165 Petra Place Unit 3, Madison, WI

This home is located at 1165 Petra Place Unit 3, Madison, WI 53713 since 29 September 2022 and is currently estimated at $152,252, approximately $200 per square foot. This property was built in 1963. 1165 Petra Place Unit 3 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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