NOT LISTED FOR SALE

1505 Martin St Unit 1 Madison, WI 53713

Estimated Value: $232,000

1 Bed
1 Bath
651 Sq Ft
$179/mo HOA Fee

Last Sold August 28, 2020

Last sale price $79,000 $121 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $1,713/month

4 Days on Market

Highlights

  • Bathtub
  • Intercom
  • Patio
  • West High School Rated A
  • Breakfast Bar
  • Storage Room

About This Home

As of August 2020

Affordable one bedroom condo conveniently located to Beltline, shopping, library, busline and recreation. Spacious living room opens into private patio and parking right outside your door. Easy food preparation in Galley kitchen that opens to dining area. New carpet and paint makes this unit move in and ready for you to stop renting. Shared Laundry onsite. Heat and water included in your Condo fee so easy to afford for first time buyer or parent looking for University student housing. Won't last long at this price, so call for your private showing today.

Last Agent to Sell the Property

Team GRA

Century 21 Affiliated Listed on: 07/07/2020

Last Buyer's Agent

Mary Schultz

Century 21 Affiliated License #52651-90

Century 21 Affiliated

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,694

Year Built

  • Built in 1973

Lot Details

  • 1.29

HOA Fees

  • $179 Monthly HOA Fees

Parking

  • Outside Parking

Home Design

  • Ranch Property
  • Brick Exterior Construction

Interior Spaces

  • 651 Sq Ft Home
  • Storage Room
  • Intercom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

  • Midvale/Lincoln Elementary School
  • Call School District Middle School
  • Call School District High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-341-1205-7

Community Details

Overview

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

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,694

Year Built

Built in 1973

Lot Details

0

HOA Fees

$179 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Ranch-1 Story
  • Barrier Free: First floor bedroom, First floor full bath, Low pile or no carpeting
  • Items Excluded: Seller's personal items
  • Items Included: Refrigerator, stove, dishwasher, hood, wall AC. keys to doors
  • Fee Includes: Parking, Heat, Hot Water, Trash removal, Snow removal, Common area maintenance, Common area insurance, Reserve fund, Lawn maintenance
  • Project Name: Parkside Garden
  • Year Built: 1973
  • Above Grade Price Per Sq Ft: 122.58
  • Above Grade Sold Price Per Sq Ft: 121.35
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 651
  • Finished Above Grade Sq Ft: 651
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 11x12, On Level: M
  • Kitchen: Dimensions: 7x8, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 12x17, On Level: M
  • Dining Area: Dimensions: 5x10, On Level: M
  • Basement: None
  • Interior Amenities: Intercom, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick
  • Exterior Features: Patio

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Radiant, Wall AC
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: 1 space assigned, Outside only

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Shared Laundry Facilities, Close to busline
  • Condo Fee Month: 179
  • 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: Call School District
  • High School: Call School District
  • Elementary School: Midvale/Lincoln
  • High School: Call School District
  • Middle School: Call School District
  • School District: Madison

Lot Info

  • Zoning: R4
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 13800
  • Improvements: 62200
  • Total Assessment: 76000
  • Assessment year: 2019
  • Net Taxes: 1694
  • Tax Year: 2019
  • Assessor Parcel Number: 0709-341-1205-7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 28, 2020
Sold by
Grund Alan D and Groeschel Julia J
Bought by
Leong Qing and Leong Julie
Seller's Agent
Team GRA
Century 21 Affiliated
Buyer's Agent
Mary Schultz
Century 21 Affiliated
List Price
$79,800
Sold Price
$79,000
Premium/Discount to List
-$800
-1%
Total Days on Market
4
Current Estimated Value
$232,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,000

Purchase Details

Listed on
Mar 15, 2012
Closed on
Jun 14, 2012
Sold by
Byrne Jane F
Bought by
Grund Alan D and Groeschel Julia J
Seller's Agent
Josh Lavik
EXP Realty, LLC
Buyer's Agent
Steve Kaczecka
South Central Non-Member
List Price
$55,000
Sold Price
$48,000
Premium/Discount to List
-$7,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$36,000
Interest Rate
3.87%
Mortgage Type
New Conventional
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
Leong Qing $79,000 None Available
Grund Alan D $48,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grund Alan D $36,000
Previous Owner Byrne Jane F $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $79,000 -1.0% $121 / Sq Ft
07/07/2020 07/07/20 For Sale $79,800 +66.3% $123 / Sq Ft
06/14/2012 06/14/12 Sold $48,000 -12.7% $74 / Sq Ft
06/08/2012 06/08/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $55,000 -- $84 / 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 $1,753 $85,300 $13,800 $71,500
2020 $1,828 $82,800 $13,800 $69,000
2019 $1,694 $76,000 $13,800 $62,200
2018 $1,515 $70,000 $13,800 $56,200
2017 $1,180 $54,200 $13,800 $40,400
2016 $1,110 $49,300 $13,800 $35,500
2015 $995 $49,300 $13,800 $35,500
2014 $949 $45,000 $13,800 $31,200
2013 $1,758 $45,000 $13,800 $31,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Team GRA

    Century 21 Affiliated

    (608) 825-7552

    133 Total Sales

    Team GRA
    Section Image
  • Mary Schultz

    Buyer's Agent in 2020

    Mary Schultz

    Century 21 Affiliated

    (608) 846-9101

    231 Total Sales

    Mary Schultz
    Section Image
  • Josh Lavik

    Seller's Agent in 2012

    Josh Lavik

    EXP Realty, LLC

    (608) 440-9607

    262 Total Sales

    Josh Lavik
    Section Image

  • S

    Buyer's Agent in 2012

    Steve Kaczecka

    South Central Non-Member

See All Agents

Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1887965

South Central Wisconsin Multiple Listing Service

APN: 0709-341-1205-7

Wisconsin Dane County Madison 53713

1505 Martin St Unit 1, Madison, WI

This home is located at 1505 Martin St Unit 1, Madison, WI 53713 since 07 July 2020 and is currently priced at $232,000, approximately $356 per square foot. This property was built in 1973. 1505 Martin St Unit 1 is a home located in Dane County with nearby schools including Lincoln Elementary School, Cherokee Heights Middle School, and West High School.

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