NOT LISTED FOR SALE

1503 Butternut Ridge Oconomowoc, WI 53066

Estimated Value: $533,895 - $561,000

3 Beds
2 Baths
1,720 Sq Ft
$318/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $487,000 $283 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,349/month

74 Days on Market

Highlights

  • New Construction
  • ENERGY STAR Certified Homes
  • 2 Car Attached Garage
  • Park Lawn Elementary School Rated A
  • Deck
  • Walk-In Closet

About This Home

As of January 2024

Welcome home to The LAUREL PLAN by Stepping Stone Homes, an award-winning home builder. Open floor plan features 3 Beds, 2 Baths and a 2 Car garage. The kitchen comes w/ quartz countertops, maple stained cabinets, and SS appliance package. LVP flooring in kitchen, dinette, and great room. We equip our homes with Smart Technology. You will find quality craftsmanship throughout such as 2x6 construction exterior walls, solid core doors, and active radon system. Basement has full size windows and a walkout patio door. The Focus on Energy program provides each home with a Certified Energy-Efficient Certificate stating that our homes are 30% more energy efficient than current WI code.

Last Agent to Sell the Property

Krieghoff Ackley Realty Group*

First Weber Inc - Brookfield License #76557-94 Listed on: 10/20/2023

First Weber Inc - Brookfield

Last Buyer's Agent

The Blend Group*

Coldwell Banker Realty License #59035-90

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 10,454

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Stone Siding
  • Vinyl Siding
  • Aluminum Trim

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Low Emissivity Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Primary Bathroom includes a Walk-In Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Eco-Friendly Details

  • Current financing on the property includes Property-Assessed Clean Energy
  • ENERGY STAR Certified Homes

Schools

  • Park Lawn Elementary School
  • Silver Lake Middle School
  • Oconomowoc High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Additional Features

  • Deck
  • 10,454 Sq Ft Lot

Community Details

  • Weston Meadows Subdivision

Listing and Financial Details

  • Exclusions: Sellers personal property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,262

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Window Blinds, Deck, Landscaping, Concrete Driveway and Walkway
  • Directions: From downtown Oconomowoc. West on W Wisconsin Ave. South/Left on Marks Rd. South/Left on Reddelien Rd. East/left on Weston Ridge Rd to Butternut Ridge
  • New Construction: Yes
  • Year Built: 2023
  • Cleared Acreage: Less than 1/2
  • Architecture: Ranch
  • EnvironmentallyFriendly: Energy Assessment Available, Energy Star Appliances, Low E Windows, WI Energy Star Cert
  • Full Street Address: 1503 Butternut RIDGE
  • Type 5 Heat Fuel: Natural Gas
  • HOAFeeYearly: 175.0
  • Kitchen Level: Main
  • Lot Acreage: 0.24
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: 8'+ Ceiling, Full, Poured Concrete, Radon Mitigation System, Sump Pump, Walk Out/Outer Door
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, Pantry, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Over Tub, Shower Stall
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 14
  • Second Floor Total Sq Ft: 1720.00

Exterior Features

  • Exclusions: Sellers personal property
  • Exterior Features: Deck
  • Exterior Building Type: 1 Story
  • Exterior: Aluminum Trim, Stone, Brick/Stone, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Attached, 2 Car
  • Garage Spaces: 2.0

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown

Schools

  • School District: Oconomowoc Area
  • Elementary School: Park Lawn
  • Middle School: Silver Lake
  • High School: Oconomowoc
  • Elementary School: Park Lawn
  • High School: Oconomowoc
  • Junior High Dist: Oconomowoc Area

Lot Info

  • Zoning: Residential
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 1262.38

MLS Schools

  • Middle School: Silver Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Jan 31, 2024
Sold by
Home Path Financial Lp
Bought by
Zimmerman Kyle
Seller's Agent
Krieghoff Ackley Realty Group*
First Weber Inc - Brookfield
Buyer's Agent
The Blend Group*
Coldwell Banker Realty
List Price
$509,900
Sold Price
$487,000
Premium/Discount to List
-$22,900
-4.49%
Views
96
Current Estimated Value
$547,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,724
Avg. Annual Appreciation
6.13%
Original Mortgage
$462,650
Outstanding Balance
$456,709
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$80,169
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
Zimmerman Kyle $487,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Kyle $462,650
Previous Owner Home Path Financial Lp $225,000
Previous Owner Home Path Financial Lp $25,000
Previous Owner Home Path Financial Lp $100,000
Previous Owner Home Path Financial Lp $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $487,000 -2.6% $283 / Sq Ft
11/03/2023 11/03/23 Price Changed $499,900 -2.0% $291 / Sq Ft
10/20/2023 10/20/23 For Sale $509,900 -- $296 / Sq Ft
Source: Metro MLS

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 $5,287 $477,300 $90,300 $387,000
2023 $1,228 $90,300 $90,300 $0
2022 $1,262 $90,300 $90,300 $0
2021 $1,252 $90,300 $90,300 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Krieghoff Ackley Realty Group*

    First Weber Inc - Brookfield

    Section Image
  • The Blend Group*

    Buyer's Agent in 2024

    The Blend Group*

    Coldwell Banker Realty

    (262) 441-3171

    6 in this area

    212 Total Sales

    The Blend Group*
    Section Image
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Map

Source: Metro MLS

MLS Number: 1854954

Metro MLS

APN: OCOC-0553-087

Wisconsin Waukesha County Oconomowoc 53066

1503 Butternut Ridge, Oconomowoc, WI

This home is located at 1503 Butternut Ridge, Oconomowoc, WI 53066 since 20 October 2023 and is currently estimated at $547,724, approximately $318 per square foot. This property was built in 2023. 1503 Butternut Ridge is a home located in Waukesha County with nearby schools including Park Lawn Elementary School, Silver Lake Intermediate School, and Oconomowoc High School.

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