1317 Rae Ln Madison, WI 53711
Orchard Ridge Neighborhood
3
Beds
2
Baths
1,978
Sq Ft
9,148
Sq Ft Lot
Highlights
- Deck
- Ranch Style House
- Sun or Florida Room
- Vel Phillips Memorial High School Rated A
- Wood Flooring
- 3-minute walk to Hammersley Park
About This Home
As of November 2024Showings begin 10/4. This one is a gem! 3-bed/2-bath ranch style home with attached 2-car garage. Large living room with lovely picture window overlooking the neighborhood. Maple floors were just refinished and bamboo floors were polished up, too! Beautiful tile in shower for hall/walkthrough master bath. Lots of cabinet space in the kitchen and newer appliances! Sunroom at the back of the house with many lovely windows, good for relaxing no matter the season. Basement has an office space and additional family room with lovely tile floors. New shower surround just installed in basement. Now, let's talk about the backyard! Large deck overlooks the fenced-in yard containing lovely, mature trees. Ready for relaxation! Great location!
Last Agent to Sell the Property
Realty Executives Cooper Spransy Brokerage Phone: 608-571-6868 License #58867-90 Listed on: 09/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,133
Year Built
- Built in 1973
Lot Details
- 9,148 Sq Ft Lot
- Fenced Yard
- Property is zoned SR-C1
Home Design
- Ranch Style House
- Poured Concrete
- Radon Mitigation System
Interior Spaces
- Den
- Sun or Florida Room
- Wood Flooring
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk Through Bedroom
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry on lower level
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Garage Door Opener
Schools
- Orchard Ridge Elementary School
- Toki Middle School
- Memorial High School
Utilities
- Forced Air Cooling System
- Water Softener
- High Speed Internet
- Cable TV Available
Additional Features
- Deck
- Property is near a bus stop
Community Details
- Meadowood Park Addition Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2024
Closed on
Nov 8, 2024
Sold by
Quinn Ashley K and Ark Ashley K
Bought by
Mogensen Rebecca
Seller's Agent
Jess Lex
Realty Executives Cooper Spransy
Buyer's Agent
The 608 Team
EXP Realty, LLC
List Price
$399,900
Sold Price
$440,000
Premium/Discount to List
$40,100
10.03%
Total Days on Market
5
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,505
Avg. Annual Appreciation
-1.37%
Original Mortgage
$352,000
Outstanding Balance
$350,257
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$86,238
Purchase Details
Closed on
Feb 28, 2017
Sold by
Friedericks Peter N and Friedericks Jessica M
Bought by
Quinn Ashley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 23, 2011
Closed on
Apr 30, 2012
Sold by
Feyen Joshua J and Feyen Edgar Jay
Bought by
Friedericks Peter N and Friedericks Jessica M
Seller's Agent
Liz Lauer
Lauer Realty Group, Inc.
Buyer's Agent
Robin Anderson-Guernsey
Stark Company, REALTORS
List Price
$187,500
Sold Price
$176,500
Premium/Discount to List
-$11,000
-5.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$141,200
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 27, 2010
Sold by
Edgar Jay T
Bought by
Feyen Joshua J and Feyen Edgar Jay
Similar Homes in Madison, WI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $440,000 | None Listed On Document | |
| Warranty Deed | $440,000 | None Listed On Document | |
| Warranty Deed | $195,000 | None Available | |
| Deed | $176,500 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $352,000 | New Conventional | |
| Closed | $352,000 | New Conventional | |
| Previous Owner | $20,000 | New Conventional | |
| Previous Owner | $174,900 | New Conventional | |
| Previous Owner | $185,250 | New Conventional | |
| Previous Owner | $29,500 | Credit Line Revolving | |
| Previous Owner | $141,200 | New Conventional | |
| Previous Owner | $10,000 | Credit Line Revolving | |
| Previous Owner | $28,513 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2024 11/08/24 | Sold | $440,000 | +10.0% | $222 / Sq Ft |
| 10/03/2024 10/03/24 | For Sale | $399,900 | -9.1% | $202 / Sq Ft |
| 09/30/2024 09/30/24 | Off Market | $440,000 | -- | -- |
| 04/30/2012 04/30/12 | Sold | $176,500 | -5.9% | $98 / Sq Ft |
| 02/23/2012 02/23/12 | Pending | -- | -- | -- |
| 08/23/2011 08/23/11 | For Sale | $187,500 | -- | $104 / Sq Ft |
Source: South Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $11,121 | $334,000 | $97,500 | $236,500 |
| 2023 | $5,133 | $303,600 | $88,600 | $215,000 |
| 2021 | $4,870 | $244,600 | $71,400 | $173,200 |
| 2020 | $4,839 | $227,500 | $66,400 | $161,100 |
| 2019 | $4,498 | $212,600 | $62,100 | $150,500 |
| 2018 | $4,126 | $195,000 | $62,100 | $132,900 |
| 2017 | $4,528 | $203,400 | $62,100 | $141,300 |
| 2016 | $4,284 | $188,300 | $62,100 | $126,200 |
| 2015 | $4,265 | $181,000 | $62,100 | $118,900 |
| 2014 | $4,176 | $181,000 | $62,100 | $118,900 |
| 2013 | $4,307 | $175,700 | $60,300 | $115,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jess Lex
Seller's Agent in 2024
Jess Lex
Realty Executives
(608) 571-6868
2 in this area
132 Total Sales
-
The 608 Team
T
Buyer's Agent in 2024
The 608 Team
EXP Realty, LLC
(608) 535-9695
4 in this area
647 Total Sales
-
Liz Lauer
Seller's Agent in 2012
Liz Lauer
Lauer Realty Group, Inc.
(608) 444-5725
1 in this area
576 Total Sales
-
Robin Anderson-Guernsey
Buyer's Agent in 2012
Robin Anderson-Guernsey
Stark Company, REALTORS
(608) 213-8778
107 Total Sales
Map
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 1986838
APN: 0708-364-0110-2
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