NOT LISTED FOR SALE

1502 Drake St Madison, WI 53711

Vilas Neighborhood

Estimated Value: $1,129,000 - $1,258,000

4 Beds
2.5 Baths
2,268 Sq Ft
$521/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $705,000 $311 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $9,105/month

Highlights

  • Deck
  • Property is near a park
  • Tudor Architecture
  • Randall Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Bear Mound Park

About This Home

As of August 2019

Cozy Tudor style house facing beautiful Vilas Park and Zoo. See Lake Wingra from the upper floors and take a short walk to Trader Joe’s, the public library and other Monroe St. amenities. Also close to Randall School and the UW. Large den and adjoining full bath ideal for overnight guests, and the spacious grand room is well suited for socializing. Attached two car garage is rare find in Vilas Park area. Semi-finished walk-up attic with hardwood floor easily adapted to office or bedroom. Wood deck atop garage and backyard patio for warm weather relaxing. Oak floors and trimming throughout most of the house.

Last Agent to Sell the Property

Seth Pfaehler

The McGrady Group, LLC License #58575-90 Listed on: 06/07/2019

Co-Listed By

Matt McGrady

The McGrady Group, LLC License #53795-90

Last Buyer's Agent

Wanda Roche

Compass Real Estate Wisconsin License #55766-90

Compass Real Estate Wisconsin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,769

Year Built

  • Built in 1924

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 51.5x117
  • Corner Lot
  • Property is zoned R-2

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Wood Flooring
  • Walkup Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

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

Accessible Home Design

  • Accessible Full Bathroom
  • Grab Bar In Bathroom
  • Accessible Doors
  • Low Pile Carpeting

Eco-Friendly Details

  • Air Cleaner

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a park
  • Property is near a bus stop

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Forced Air Cooling System
  • Water Softener
  • Cable TV Available

Community Details

  • Wingra Parks Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,769

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Architecture: Tudor/Provincial
  • Barrier Free: First floor full bath, Grab bars in bath, Level drive, Width of hallways 36"+, Door openings 29+, Low pile or no carpeting
  • Items Excluded: Dining Room Chandelier, Art Work
  • Items Included: Refrigerator, Range/Oven, Dishwasher, Microwave, Work Bench, Freezer, Window Coverings, Washer, Dryer
  • Year Built: 1924
  • Above Grade Price Per Sq Ft: 303.79
  • Above Grade Sold Price Per Sq Ft: 310.85
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 2268
  • Finished Sq Ft: 2268
  • Bedrooms: 4
  • Total Bathrooms: 2.5
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Master Bedroom: Dimensions: 15x14, On Level: U
  • Bedroom 2: Dimensions: 10x14, On Level: U
  • Bedroom 3: Dimensions: 13x14, On Level: U
  • Bedroom 4: Dimensions: 10x13, On Level: U
  • Kitchen: Dimensions: 14x14, On Level: M
  • Kitchen Features: Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 13x30, On Level: M
  • Dining Room: Dimensions: 13x14, On Level: M
  • Family Room: Dimensions: 16x16, On Level: M
  • Other Room 1: Other, Dimensions: 16x17, On Level: U
  • Basement: Full, Crawl space, Poured concrete foundatn
  • Fireplace: Wood, 1 fireplace
  • Interior Amenities: Wood or sim. wood floor, Walk-in closet(s), Skylight(s), Walk-up Attic, Washer, Dryer, Air cleaner, Water softener inc, Cable available, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Wood, Brick, Stucco
  • Exterior Features: Deck, Patio

Garage/Parking

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

Utilities

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

Schools

  • School District: Madison
  • Elementary School: Franklin/Randall
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Assessor Parcel Number: 0709-224-3613-8
  • Estimated Aces: 0.14
  • Lot Description: Corner, Close to busline, Adjacent park/public land, Sidewalk
  • Lot Dimensions: 51.5X117
  • Zoning: R-2
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 164900
  • Improvements: 458300
  • Total Assessment: 623200
  • Assessment year: 2019
  • Net Taxes: 13769
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Aug 19, 2019
Sold by
Thome Joseph R and Thome Paulene R
Bought by
Chasco Justin and Reeder Margo
Seller's Agent
Seth Pfaehler
The McGrady Group, LLC
Buyer's Agent
Wanda Roche
Compass Real Estate Wisconsin
List Price
$689,000
Sold Price
$705,000
Premium/Discount to List
$16,000
2.32%
Current Estimated Value
$1,182,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,066
Avg. Annual Appreciation
8.67%
Original Mortgage
$484,350
Outstanding Balance
$429,670
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$731,140
Source: Public Records

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
Chasco Justin $705,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chasco Justin $238,259
Open Chasco Justin $484,350
Previous Owner Thome Joseph R $249,900
Previous Owner Thome Joseph R $110,000
Previous Owner Thome Joseph R $275,000
Previous Owner Thome Joseph R $338,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2019 08/19/19 Sold $705,000 +2.3% $311 / Sq Ft
06/07/2019 06/07/19 For Sale $689,000 -- $304 / 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 $31,971 $922,900 $228,000 $694,900
2023 $14,578 $820,300 $207,300 $613,000
2021 $15,374 $733,200 $169,800 $563,400
2020 $15,567 $705,000 $169,800 $535,200
2019 $13,760 $623,200 $164,900 $458,300
2018 $13,769 $623,200 $164,900 $458,300
2017 $12,763 $556,400 $147,200 $409,200
2016 $12,235 $520,000 $137,600 $382,400
2015 $11,902 $512,800 $122,500 $390,300
2014 $12,214 $512,800 $122,500 $390,300
2013 $11,883 $512,800 $122,500 $390,300
Source: Public Records

Agents Affiliated with this Home

  • Seth Pfaehler

    Seller's Agent in 2019

    Seth Pfaehler

    The McGrady Group, LLC

    (608) 338-4812

    2 in this area

    455 Total Sales

    Section Image
  • Matt McGrady

    Seller Co-Listing Agent in 2019

    Matt McGrady

    The McGrady Group, LLC

    (608) 772-3640

    2 in this area

    358 Total Sales

    Section Image
  • Wanda Roche

    Buyer's Agent in 2019

    Wanda Roche

    Compass Real Estate Wisconsin

    (608) 212-2928

    211 Total Sales

    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1859810

South Central Wisconsin Multiple Listing Service

APN: 0709-224-3613-8

Wisconsin Dane County Madison 53711 Vilas

1502 Drake St, Madison, WI

This home is located at 1502 Drake St, Madison, WI 53711 since 07 June 2019 and is currently estimated at $1,182,066, approximately $521 per square foot. This property was built in 1924. 1502 Drake St is a home located in Dane County with nearby schools including Randall Elementary School, Hamilton Middle School, and West 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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