NOT LISTED FOR SALE

1219 Rutledge St Unit 1 Madison, WI 53703

Marquette Neighborhood

Estimated Value: $457,000 - $572,000

2 Beds
1 Bath
1,319 Sq Ft
$500/mo HOA Fee

Last Sold January 21, 2022

Last sale price $450,000 $341 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,927/month

173 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Bonus Room
  • Marquette Elementary Rated A-
  • Open Floorplan
  • 3-minute walk to Orton Park

About This Home

As of January 2022

Spectacular Lake Monona Views & Pier Access! A rare find in this area. This unit features a fully remodeled open kitchen/living space, wood-burning fireplace & updated appliances throughout. Third Lake Condominiums, a unique six-unit association is located in the vibrant Williamson/Marquette neighborhood. Enjoy views of the water from your kitchen/living rm or private 463 sq ft brick patio assigned to just your unit. Updated windows across the entire back of unit. You will wake up to beautiful sunrises over the water from your large master suite. 2nd bedrm w/plenty of closet storage space. Bonus rm for 3rd sleeping area or office. Lively Orton Park just down the street. Walk to eclectic shops, restaurants, stores on Willy Street. Assigned parking space. Pier & lakeside lawn available.

Last Agent to Sell the Property

Tami McFarlane

Restaino & Associates License #57717-90 Listed on: 02/16/2021

Restaino & Associates

Last Buyer's Agent

Brian Elliott

All Star Properties License #51788-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,809

Year Built

  • Built in 1962

Lot Details

  • Lake Front
  • Private Entrance

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 1,319 Sq Ft Home
  • Open Floorplan
  • Wood Burning Fireplace
  • Great Room
  • Bonus Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0710-073-1701-1

Community Details

Overview

  • Association fees include parking, hot water, water/sewer, snow removal, common area maintenance, common area insurance, reserve fund, lawn maintenance
  • 5 Units
  • Located in the Third Lake Condominium master-planned community
  • Greenbelt

Recreation

  • Community Boat Slip

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,809

Year Built

Built in 1962

Lot Details

0

HOA Fees

$500 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, First floor bedroom, First floor full bath
  • Items Excluded: 2nd Bedroom window coverings.
  • Items Included: Maytag Refrigerator, Stove/Oven, Microwave (Are all 2 years old) Bosch Dishwasher (2 years old), Wall AC (New in 2020), Some Window Coverings, Washer/Dryer.
  • Fee Includes: Parking, Hot Water, Water/Sewer, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Third Lake Condominium
  • Year Built: 1962
  • Above Grade Price Per Sq Ft: 352.54
  • Above Grade Sold Price Per Sq Ft: 341.17
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1319
  • Finished Above Grade Sq Ft: 1319
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 23x15, On Level: M
  • Bedroom 2: Dimensions: 13x10, On Level: M
  • Kitchen: Dimensions: 18x8, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 18x12, On Level: M
  • Other Rooms: Bonus Room
  • Other Room 1: Bonus Room, Dimensions: 20x16, On Level: M
  • Other Room 2: Other, Dimensions: 18x6, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: None
  • Fireplace: Wood, 1 fireplace
  • Interior Amenities: Walk-in closet(s), Great room, Washer, Dryer, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Waterfront: Has actual water frontage, Lake
  • Waterfront: Yes
  • Lake/River: Monona
  • Exterior: Brick
  • Exterior Features: Private Entry, Patio

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant, Wall AC
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Outside only

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Close to busline, Boatslip/Pier
  • Condo Fee Month: 500
  • Condo Management: Unit Owners
  • Proposed Units In Assoc: 6
  • Units in Association: 6
  • Units In Building: 5

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: Hist-TL
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 107300
  • Improvements: 278900
  • Total Assessment: 386200
  • Assessment year: 2021
  • Net Taxes: 7809
  • Tax Year: 2020
  • Assessor Parcel Number: 0710-073-1701-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Jan 21, 2022
Sold by
Eileen Doyle
Bought by
Cherchian Sarah
Seller's Agent
Tami McFarlane
Restaino & Associates
Buyer's Agent
Brian Elliott
All Star Properties
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%
Total Days on Market
173
Current Estimated Value
$520,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,318
Avg. Annual Appreciation
5.80%
Original Mortgage
$275,000
Outstanding Balance
$256,848
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$288,279

Purchase Details

Listed on
Aug 14, 2017
Closed on
Sep 15, 2017
Sold by
Deibel Laboratories Inc
Bought by
Doyle Eileen
Seller's Agent
Michael Herl
Madison Commercial Real Estate LLC
Buyer's Agent
Michael Herl
Madison Commercial Real Estate LLC
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$317,823
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 14, 2017
Closed on
Sep 7, 2017
Sold by
Deibel Robert H and Deibel Carol L
Bought by
Deibel Laboratories Inc
Seller's Agent
Michael Herl
Madison Commercial Real Estate LLC
Buyer's Agent
Michael Herl
Madison Commercial Real Estate LLC
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,823
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Cherchian Sarah $450,000 None Listed On Document
Doyle Eileen $325,000 --
Deibel Laboratories Inc $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherchian Sarah $275,000
Previous Owner Doyle Eileen Denise $150,000
Previous Owner Doyle Eileen $317,823
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $450,000 -3.2% $341 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
06/29/2021 06/29/21 Price Changed $465,000 -3.1% $353 / Sq Ft
04/02/2021 04/02/21 Price Changed $479,900 -4.0% $364 / Sq Ft
02/18/2021 02/18/21 For Sale $499,900 +11.1% $379 / Sq Ft
02/16/2021 02/16/21 Off Market $450,000 -- --
09/15/2017 09/15/17 Sold $325,000 -7.1% $256 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $349,900 -- $276 / 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 $17,359 $495,000 $107,300 $387,700
2023 $8,137 $450,000 $107,300 $342,700
2021 $8,217 $386,200 $107,300 $278,900
2020 $7,809 $351,100 $53,900 $297,200
2019 $7,841 $351,100 $53,900 $297,200
2018 $7,241 $325,000 $53,900 $271,100
2017 $6,150 $267,000 $46,900 $220,100
2016 $6,321 $267,000 $46,900 $220,100
2015 $3,193 $267,000 $42,600 $224,400
2014 $6,391 $267,000 $42,600 $224,400
2013 $6,075 $267,000 $42,600 $224,400
Source: Public Records

Agents Affiliated with this Home

  • Tami McFarlane

    Seller's Agent in 2022

    Tami McFarlane

    Restaino & Associates

    (608) 333-9874

    2 in this area

    74 Total Sales

    Tami McFarlane
    Section Image

  • B

    Buyer's Agent in 2022

    Brian Elliott

    All Star Properties

    2 in this area

    41 Total Sales

    Brian Elliott
    Section Image
  • Michael Herl

    Seller's Agent in 2017

    Michael Herl

    Madison Commercial Real Estate LLC

    (608) 212-4623

    1 in this area

    19 Total Sales

    Michael Herl
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1902308

South Central Wisconsin Multiple Listing Service

APN: 0710-073-1701-1

Wisconsin Dane County Madison 53703 Marquette

1219 Rutledge St Unit 1, Madison, WI

This home is located at 1219 Rutledge St Unit 1, Madison, WI 53703 since 16 February 2021 and is currently estimated at $520,318, approximately $394 per square foot. This property was built in 1962. 1219 Rutledge St Unit 1 is a home located in Dane County with nearby schools including Marquette Elementary, O'Keeffe Middle, and East 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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