NOT LISTED FOR SALE

1501 Martin St Unit 6 Madison, WI 53713

Estimated Value: $372,000

1 Bed
1 Bath
760 Sq Ft
$128/mo HOA Fee

Last Sold December 22, 2014

Last sale price $60,000 $79 Per Sq Ft

Est. 520% increase in value since last sale

Current estimated payment $2,588/month

33 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bathtub
  • West High School Rated A
  • Den
  • Building Security System

About This Home

As of December 2014

Stop paying rent..Updated condo w/den that may be perfect for you, close to the Arboretum, capital, hospital, shopping & beltline. Open floor plan with plenty of sunshine for you to enjoy the large living room and balcony. Kitchen features cherry finished cabinetry, stainless steel fridge, stove, and microwave with ample work space. Laminate wood floors in great condition, along with tile in the kitchen & bath. HEAT INCLUDED. Come see!

Last Agent to Sell the Property

Sonya Hollenthoner

South Central Non-Member License #78672-94 Listed on: 10/24/2014

Last Buyer's Agent

Jeff Holm

First Weber Inc License #78215-94

First Weber Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,085

Year Built

  • Built in 1983

Lot Details

  • 1.29

HOA Fees

  • $128 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 760 Sq Ft Home
  • Den
  • Storage Room
  • Laundry on lower level
  • Wood Flooring
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Garage
  • Garage Door Opener

Schools

  • Midvale/Lincoln Elementary School
  • Cherokee Heights Middle School
  • West High School

Utilities

  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-341-1184-3

Community Details

Overview

  • Association fees include parking, heat, hot water, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, reserve fund
  • 28 Units
  • Located in the Parkside Gardens master-planned community
  • Property Manager

Additional Features

  • Laundry Facilities
  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,085

Year Built

Built in 1983

Lot Details

0

HOA Fees

$128 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Items Included: Window/Wall AC,All window coverings
  • Fee Includes: Parking, Heat, Hot Water, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund
  • Project Name: Parkside Gardens
  • Year Built: 1983
  • Above Grade Price Per Sq Ft: 81.45
  • Above Grade Sold Price Per Sq Ft: 78.95
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 760
  • Finished Above Grade Sq Ft: 760
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 14x11, On Level: M
  • Kitchen: Dimensions: 9x7, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 15x12, On Level: M
  • Dining Room: Dimensions: 9x7, On Level: M
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 5x5, On Level: M
  • In Unit Laundry Lvl: L
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Security system for Unit, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 2
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Features: Deck/Balcony

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Underground, 1 space assigned, Opener inc

Condo/Co-op/Association

  • Common Amenities: Shared Laundry Facilities, Security system, Close to busline
  • Condo Fee Month: 128
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 28
  • Units in Association: 28
  • Units In Building: 28

Schools

  • School District: Madison
  • Elementary School: Midvale/Lincoln
  • Middle School: Cherokee Heights
  • High School: West
  • Elementary School: Midvale/Lincoln
  • High School: West
  • Middle School: Cherokee Heights
  • School District: Madison

Lot Info

  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 13800
  • Improvements: 35200
  • Total Assessment: 49000
  • Assessment year: 2013
  • Net Taxes: 1085
  • Tax Year: 2013
  • Assessor Parcel Number: 0709-341-1184-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2016
Sold by
Tikkanen Norman W
Bought by
Holm Jeffrey J
Total Days on Market
33
Current Estimated Value
$372,000

Purchase Details

Listed on
Oct 24, 2014
Closed on
Dec 22, 2014
Sold by
Chapin Mitchel R
Bought by
Holm Jeffrey J and Tikkanen Norman W
Seller's Agent
Sonya Hollenthoner
South Central Non-Member
Buyer's Agent
Jeff Holm
First Weber Inc
List Price
$61,900
Sold Price
$60,000
Premium/Discount to List
-$1,900
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,913
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2009
Sold by
Povich Matthew S and Povich Kerean Grant
Bought by
Chapin Mitchel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,582
Interest Rate
5.43%
Mortgage Type
FHA
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
Holm Jeffrey J $26,900 Attorney
Holm Jeffrey J $60,000 None Available
Chapin Mitchel R $80,000 Rba Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holm Jeffey J $3,000
Previous Owner Holm Jeffrey J $58,913
Previous Owner Chapin Mitchel R $73,372
Previous Owner Chapin Mitchel R $74,582
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2014 12/22/14 Sold $60,000 -3.1% $79 / Sq Ft
11/26/2014 11/26/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $61,900 -- $81 / 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
2021 $1,532 $89,500 $13,800 $75,700
2020 $1,718 $86,800 $13,800 $73,000
2019 $1,552 $79,600 $13,800 $65,800
2018 $1,390 $73,000 $13,800 $59,200
2017 $1,147 $59,200 $13,800 $45,400
2016 $1,059 $53,800 $13,800 $40,000
2015 $1,093 $53,800 $13,800 $40,000
2014 $1,037 $49,000 $13,800 $35,200
2013 $1,860 $49,000 $13,800 $35,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1730410

South Central Wisconsin Multiple Listing Service

APN: 0709-341-1184-3