$325,000
SOLD SEP 15, 2017

1219 Rutledge St Unit 1 Madison, WI 53703

Marquette Neighborhood
3 Beds
1 Bath
1,270 Sq Ft
$350/mo HOA Fee

Recently Sold

$256 Per Sq Ft

7% Below List Price

15 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

Contact Vicki Funseth 608-709-5555 x25 for ALL showings

Last Agent to Sell the Property

Michael Herl

Madison Commercial Real Estate LLC License #51200-90 Listed on: 08/14/2017

Last Buyer's Agent

Michael Herl

Madison Commercial Real Estate LLC License #51200-90 Listed on: 08/14/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,320

Year Built

  • Built in 1926

Lot Details

  • Lake Front
  • Private Entrance

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 1,270 Sq Ft Home
  • Open Floorplan
  • Wood Burning Fireplace
  • Great Room
  • Bonus Room
  • Storage Room
  • Laundry on main level
  • Basement Windows

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

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

Additional Features

  • Patio
  • Property is near a bus stop
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0710-073-1701-1

Community Details

Overview

  • Association fees include snow removal, common area maintenance, lawn maintenance
  • Located in the 3rd Lake Condominium master-planned community
  • Greenbelt

Recreation

  • Community Boat Slip

Security

  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,320

Year Built

Built in 1926

Lot Details

0

HOA Fees

$350 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, Stall shower
  • Fee Includes: Snow removal, Common area maintenance, Lawn maintenance
  • Project Name: 3rd Lake Condominium
  • Year Built: 1926
  • Above Grade Price Per Sq Ft: 275.51
  • Above Grade Sold Price Per Sq Ft: 255.91
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 1270
  • Finished Above Grade Sq Ft: 1270
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 12x10, On Level: M
  • Bedroom 2: Dimensions: 14x9, On Level: M
  • Bedroom 3: Dimensions: 10x11, On Level: M
  • Kitchen: On Level: M
  • Kitchen Features: Breakfast bar, Pantry, Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 27x14, On Level: M
  • Dining Room: On Level: M
  • Dining Area: On Level: M
  • Family Room: On Level: M
  • Other Rooms: Bonus Room
  • Other Room 1: Bonus Room, Dimensions: 15x19, On Level: M
  • In Unit Laundry Lvl: M
  • Basement: Full Size Windows/Exposed
  • Fireplace: Wood
  • Interior Amenities: Great room, Cable/Satellite Available, Storage Unit Inc
  • 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: Electric
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Outside only

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Security system, Close to busline, Boatslip/Pier
  • Condo Fee Month: 350
  • Condo Management: Unit Owners
  • Units in Association: 5
  • Units In Building: 1

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: 46900
  • Improvements: 220100
  • Total Assessment: 267000
  • Assessment year: 2017
  • Net Taxes: 6320
  • Tax Year: 2017
  • 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%
Current Estimated Value
$519,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,903
Avg. Annual Appreciation
4.10%
Original Mortgage
$275,000
Outstanding Balance
$256,848
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$263,470

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 Type Sale Price Title Company
Deed $450,000 None Listed On Document
Deed $325,000 --
Deed $89,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $317,823 Purchase Money Mortgage
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

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1812099

South Central Wisconsin Multiple Listing Service

APN: 0710-073-1701-1