NOT LISTED FOR SALE

1302 Droster Rd Madison, WI 53716

Elvehjem Neighborhood

Estimated Value: $383,000 - $429,612

4 Beds
1.5 Baths
1,860 Sq Ft
$216/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $127,000 $68 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $2,515/month

Highlights

  • 0.81 Acre Lot
  • Ranch Style House
  • Bathtub
  • Deck
  • 2 Car Detached Garage
  • 3-minute walk to Droster Park

About This Home

As of September 2015

REO. Great investment opportunity! This ranch-style home at 1302 Droster Road in downtown Madison is on a spacious 0.81-acre lot, & features 4 bedrooms, 1.5 bathrooms, & 1,860 square feet of living space. The family room showcases beamed ceilings, & nice-sized bedrooms offer space for all your guests. Outside, an enclosed gazebo is attached to the back deck, & a detached garage & additional storage building are also onsite.

Last Agent to Sell the Property

Scott Ellingboe

RE/MAX Preferred License #52602-90 Listed on: 07/17/2015

RE/MAX Preferred

Last Buyer's Agent

Bill Crawley

South Central Non-Member License #56988-90

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.81 Acre Lot
  • Level Lot
  • Property is zoned SR-C1

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 1,860 Sq Ft Home
  • Wood Burning Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Outdoor Features

  • Deck
  • Outdoor Storage

Schools

  • Elvehjem Elementary School
  • Sennett Middle School
  • Lafollette High School

Utilities

  • Forced Air Cooling System
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Barrier Free: First floor bedroom, First floor full bath, Level drive, Level lot
  • Items Excluded: Window Coverings
  • Year Built: 1952
  • Above Grade Sold Price Per Sq Ft: 68.28
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1860
  • Finished Sq Ft: 1860
  • Bedrooms: 4
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 12X11, On Level: M
  • Bedroom 2: Dimensions: 12X9, On Level: M
  • Bedroom 3: Dimensions: 9X8, On Level: M
  • Bedroom 4: Dimensions: 12X11, On Level: M
  • Kitchen: Dimensions: 12X8, On Level: M
  • Living Room: Dimensions: 23X11, On Level: M
  • Dining Room: Dimensions: 14X9, On Level: M
  • Family Room: Dimensions: 18X18, On Level: M
  • Other Room 1: Dimensions: X
  • Laundry: On Level: M
  • Fireplace: Wood
  • Interior Amenities: Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Aluminum/Steel, Brick, Stone
  • Exterior Features: Deck, Storage building

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Detached, Opener
  • Total Full Garage Stalls: 2

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air
  • Water Waste: Municipal water, Municipal sewer

Schools

  • Elementary School: Elvehjem
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison

Lot Info

  • Estimated Aces: 0.81
  • Zoning: SR-C1
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 4087
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2025
Sold by
Lopassio Alvaro J
Bought by
Alvaro Lopassio Revocable Living Trust and Lopassio
Current Estimated Value
$401,653

Purchase Details

Listed on
Jul 17, 2015
Closed on
Sep 15, 2015
Sold by
Arns Inc
Bought by
Arlp Reo Iv Llc
Seller's Agent
Scott Ellingboe
RE/MAX Preferred
Buyer's Agent
Bill Crawley
South Central Non-Member
List Price
$130,000
Sold Price
$127,000
Premium/Discount to List
-$3,000
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%
Original Mortgage
$158,584
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 17, 2015
Closed on
Sep 2, 2015
Sold by
Arlp Reo Iv Llc
Bought by
Lopassio Alvaro
Seller's Agent
Scott Ellingboe
RE/MAX Preferred
Buyer's Agent
Bill Crawley
South Central Non-Member
List Price
$130,000
Sold Price
$127,000
Premium/Discount to List
-$3,000
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,584
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2015
Sold by
Arns Inc
Bought by
Arlp Reo Iv Llc

Purchase Details

Closed on
Apr 29, 2014
Sold by
Jones Brian E and Jones Karina D
Bought by
Christiana Trust
Source: Public Records

Range of Values:

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Average Value
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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
Alvaro Lopassio Revocable Living Trust -- None Listed On Document
Arlp Reo Iv Llc $127,000 Attorney
Lopassio Alvaro $127,000 Premium Title Services Inc
Arlp Reo Iv Llc $177,100 Attorney
Christiana Trust $223,762 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopassio Alvaro $158,584
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2015 09/04/15 Sold $127,000 -2.3% $68 / Sq Ft
08/15/2015 08/15/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $130,000 -- $70 / 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 $12,289 $367,000 $143,800 $223,200
2023 $6,039 $335,200 $131,300 $203,900
2021 $5,446 $257,300 $113,900 $143,400
2020 $5,176 $233,900 $103,500 $130,400
2019 $4,940 $222,500 $99,500 $123,000
2018 $4,933 $222,500 $94,800 $127,700
2017 $4,561 $198,900 $94,800 $104,100
2016 $4,336 $184,200 $87,800 $96,400
2015 $4,210 $171,900 $87,800 $84,100
2014 $4,087 $171,900 $87,800 $84,100
2013 $4,293 $171,900 $87,800 $84,100
Source: Public Records

Agents Affiliated with this Home

  • Scott Ellingboe

    Seller's Agent in 2015

    Scott Ellingboe

    RE/MAX

    (608) 205-8237

    28 Total Sales

    Scott Ellingboe
    Section Image

  • B

    Buyer's Agent in 2015

    Bill Crawley

    South Central Non-Member

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1752736

South Central Wisconsin Multiple Listing Service

APN: 0710-104-0092-8

Wisconsin Dane County Madison 53716 Elvehjem

1302 Droster Rd, Madison, WI

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