NOT LISTED FOR SALE

1505 Martin St Unit 4 Madison, WI 53713

Estimated Value: $198,000

1 Bed
1 Bath
627 Sq Ft
$120/mo HOA Fee

Last Sold February 01, 2017

Last sale price $70,000 $112 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,397/month

52 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Bathtub
  • West High School Rated A
  • Wood Flooring
  • Intercom

About This Home

As of February 2017

Move-In Ready 1 Bedroom Condo in a great location backing up to UW-Arboretum! 1st floor unit allows you to walk out to your private patio and enjoy the backyard with apple tree. Beautiful new flooring and fresh paint! Heat and hot water are included in the condo fee! 1 heated underground parking space and additional outdoor parking. Underground storage unit also included! Very bike-able location. Many nearby parks and trails. Conveniently located near UW Campus, hospitals, and downtown. Low condo fees and low taxes make this condo unbeatable!

Last Agent to Sell the Property

Wanda Roche

Compass Real Estate Wisconsin License #55766-90 Listed on: 11/04/2016

Compass Real Estate Wisconsin

Last Buyer's Agent

John Weber

South Central Non-Member License #46346-94

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $995

Year Built

  • Built in 1984

Lot Details

  • 1.29

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Stone Exterior Construction

Interior Spaces

  • 627 Sq Ft Home
  • Open Floorplan
  • Storage Room
  • Laundry on lower level
  • Wood Flooring
  • Intercom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Low Pile Carpeting

Schools

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

Utilities

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

Additional Features

  • Patio
  • Wooded Lot
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-341-1238-8

Community Details

Overview

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

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$995

Year Built

Built in 1984

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Low pile or no carpeting
  • Items Included: Hot water heat.
  • 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: 1984
  • Above Grade Price Per Sq Ft: 119.46
  • Above Grade Sold Price Per Sq Ft: 111.64
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 627
  • Finished Above Grade Sq Ft: 627
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 12x10, On Level: M
  • Kitchen: Dimensions: 10x06, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Disposal
  • Living Room: Dimensions: 15x10, On Level: M
  • Dining Area: Dimensions: 10x10, On Level: M
  • In Unit Laundry Lvl: L
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Intercom, Cable/Satellite Available, Storage Unit Inc, At Least 1 tub
  • Floor Number: 1
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Features: Patio, Wooded lot

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Common Green Space, Shared Laundry Facilities, Close to busline
  • Condo Fee Month: 120
  • Condo Management: Professional offsite
  • Proposed Units In Assoc: 26
  • Units in Association: 26
  • Units In Building: 8

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: R-4
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 13800
  • Improvements: 35500
  • Total Assessment: 49300
  • Assessment year: 2015
  • Net Taxes: 995
  • Tax Year: 2015
  • Assessor Parcel Number: 0709-341-1238-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2016
Closed on
Feb 1, 2017
Sold by
Eich Darin and Eich Darin James
Bought by
Wegmueller Thomas
Seller's Agent
Wanda Roche
Compass Real Estate Wisconsin
Buyer's Agent
John Weber
South Central Non-Member
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%
Current Estimated Value
$198,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,000
Source: Public Records

Range of Values:

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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
Wegmueller Thomas $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eich Darin James $47,515
Previous Owner Eich Darin $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2017 02/01/17 Sold $70,000 -6.5% $112 / Sq Ft
12/26/2016 12/26/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $74,900 -- $119 / 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 $1,430 $84,300 $13,800 $70,500
2020 $1,634 $82,800 $13,800 $69,000
2019 $1,475 $76,000 $13,800 $62,200
2018 $1,327 $70,000 $13,800 $56,200
2017 $1,042 $54,200 $13,800 $40,400
2016 $960 $49,300 $13,800 $35,500
2015 $995 $49,300 $13,800 $35,500
2014 $949 $45,000 $13,800 $31,200
2013 $1,715 $45,000 $13,800 $31,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1789893

South Central Wisconsin Multiple Listing Service

APN: 0709-341-1238-8